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ADB appoints Sona Shrestha as director general for South Asia

KATHMANDU: The Asian Development Bank (ADB) has appointed Sona Shrestha as Director General of its South Asia Department (SARD), where she will lead the development and implementation of ADB’s strategy and operations in Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka. “I am honored to be appointed Director General...

ADB appoints Sona Shrestha as director general for South Asia
Fixed deposit returns fall as 9 banks slash interest rates for Falgun

Fixed deposit returns fall as 9 banks slash interest rates for Falgun

Central bank hosts international AML/CFT conference amid FATF grey list concerns

Central bank hosts international AML/CFT conference amid FATF grey list concerns

World Bank approves $50 million digital transformation project in Nepal

World Bank approves $50 million digital transformation project in Nepal

IMF holds talks with NRB governor before final ECF tranche

IMF holds talks with NRB governor before final ECF tranche

Lending rates fall sharply as average base rate drops to 5.33% in a year

Lending rates fall sharply as average base rate drops to 5.33% in a year

World Bank approves $95 million to support sustainable and inclusive finance

World Bank approves $95 million to support sustainable and inclusive finance

Prabhu Bank appoints Suman Sharma as CEO; Assumes office immediately

Prabhu Bank appoints Suman Sharma as CEO; Assumes office immediately

Nepal’s inflation drops to 2.42%, BoP surplus hits Rs 501 bn as remittance surge strengthens external sector

Nepal’s inflation drops to 2.42%, BoP surplus hits Rs 501 bn as remittance surge strengthens external sector

Nepal’s financial inclusion score jumps to 0.53 as digital finance expands nationwide

Nepal’s financial inclusion score jumps to 0.53 as digital finance expands nationwide

Commercial banks’ non-performing loans rise 13.26% despite improvement in eight banks

Commercial banks’ non-performing loans rise 13.26% despite improvement in eight banks

Election spending drives cash surge into market; Rs 38 billion withdrawn from banking system in five days

Election spending drives cash surge into market; Rs 38 billion withdrawn from banking system in five days

Government accepts NEPSE restructuring report; 25% stake proposed for strategic partner

Government accepts NEPSE restructuring report; 25% stake proposed for strategic partner

Global cryptocurrency market crash; Bitcoin, Altcoins plunge and billions wiped out

Global cryptocurrency market crash; Bitcoin, Altcoins plunge and billions wiped out

Finance companies swing to profit of Rs 32.15 million but bad loans soar to 55% in some firms

Finance companies swing to profit of Rs 32.15 million but bad loans soar to 55% in some firms

Global IME Bank launches IPO application facility and live market updates via ‘Global Smart Plus’ app

Global IME Bank launches IPO application facility and live market updates via ‘Global Smart Plus’ app

Development banks earn Rs 3.43 billion in net profit in H1; Three institutions still in loss

Development banks earn Rs 3.43 billion in net profit in H1; Three institutions still in loss

Commercial banks earn Rs 30.59 billion profit in H1 of FY 2025/26; Kumari Bank jumps 886.5%, Nabil leads in earnings

Commercial banks earn Rs 30.59 billion profit in H1 of FY 2025/26; Kumari Bank jumps 886.5%, Nabil leads in earnings

Low demand deposits, High fixed savings: What Nepal’s banking data says about the economy

Low demand deposits, High fixed savings: What Nepal’s banking data says about the economy

Global IME Bank launches Kiosk-based account opening service

Global IME Bank launches Kiosk-based account opening service

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