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Development Banks record 4.22 percent average spread rate in Q2

KATHMANDU: Seventeen Development Banks have recorded an average spread rate of 4.22 percent in the second quarter of the current fiscal year. As per the financial statements of the second quarter of the current fiscal year (FY 2078/79) released by the development banks, the spread rate has decreased by...

Development Banks record 4.22 percent average spread rate in Q2
NRB alerts consumers about risks of electronic transactions

NRB alerts consumers about risks of electronic transactions

India to tax crypto at 30pc, launch its own digital currency in 2022-2023

India to tax crypto at 30pc, launch its own digital currency in 2022-2023

IMF disappointment over NRB’s role to regulate Nepal’s banking sector

IMF disappointment over NRB’s role to regulate Nepal’s banking sector

Standard Chartered Bank Nepal reaffirmed with AAA rating

Standard Chartered Bank Nepal reaffirmed with AAA rating

Credit flow of commercial banks swings up by 11.8% amid tepid deposit collection

Credit flow of commercial banks swings up by 11.8% amid tepid deposit collection

BFIs extend credit by 10.3 percent in five months this FY

BFIs extend credit by 10.3 percent in five months this FY

Nepal Investment Bank cancels special general meeting slated for Tuesday

Nepal Investment Bank cancels special general meeting slated for Tuesday

Nabil Bank 37th AGM: Endorses 38% dividend proposal, reappoints Poudyal as its chairman

Nabil Bank 37th AGM: Endorses 38% dividend proposal, reappoints Poudyal as its chairman

Himalayan Bank AGM rejects merger proposal with Nepal Investment Bank

Himalayan Bank AGM rejects merger proposal with Nepal Investment Bank

IMF approves USD 395.9 million extended credit facility arrangement for Nepal

IMF approves USD 395.9 million extended credit facility arrangement for Nepal

Nabil, Nepal Bangladesh Bank seals merger deal, to start joint transaction within June

Nabil, Nepal Bangladesh Bank seals merger deal, to start joint transaction within June

Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

Court bars IFIC from selling its NBB’s shares to Chaudhary Group

Court bars IFIC from selling its NBB’s shares to Chaudhary Group

Rs 58 billion injected in the financial system in a week to ease liquidity crisis

Rs 58 billion injected in the financial system in a week to ease liquidity crisis

NRB directs BFIs to reduce physical works as Covid-19 cases surge

NRB directs BFIs to reduce physical works as Covid-19 cases surge

Global IME Bank signs tripartite loan agreement

Global IME Bank signs tripartite loan agreement

Spike in Covid cases may impact banking system’s restructured book

Spike in Covid cases may impact banking system’s restructured book

NRB forces microfinance companies with crossholding of BFIs for merger

NRB forces microfinance companies with crossholding of BFIs for merger

Nabil Bank to acquire Nepal Bangladesh Bank, committee formed to complete the merger process

Nabil Bank to acquire Nepal Bangladesh Bank, committee formed to complete the merger process

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US–Iran talks collapse after 21 hours: Key reasons behind the failure

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Energy shock from Strait of Hormuz drives Nepal’s shift to electric cooking

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Trump claims halt to attacks on Iran energy sites, Oil prices drop; Iran denies any talks

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US,Israel–Iran war raises economic red flags for Nepal: remittance, inflation, and growth at risk

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