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Central bank issues guidance note on interest income recognition under NFRS 9, Mandates quarterly accounting for all BFIs

KATHMANDU: Nepal Rastra Bank (NRB) has released a comprehensive Guidance Note on Interest Income Recognition, 2025 that mandates standardized quarterly interest income recognition practices for all banks and financial institutions (BFIs) in line with NFRS 9 – Expected Credit Loss (ECL) Guidelines. The regulatory instruction aims to resolve long-standing...

Central bank issues guidance note on interest income recognition under NFRS 9, Mandates quarterly accounting for all BFIs
NAIMA Nepal Mobility Expo 2025 set to be country’s biggest auto show yet, 35 new vehicle models to launch

NAIMA Nepal Mobility Expo 2025 set to be country’s biggest auto show yet, 35 new vehicle models to launch

World Bank raises interest rate on loans to Nepal after graduation from LDC status

World Bank raises interest rate on loans to Nepal after graduation from LDC status

NRB amends NFRS 9 guidelines, enforces stricter rules on credit loss provisioning and collateral valuation

NRB amends NFRS 9 guidelines, enforces stricter rules on credit loss provisioning and collateral valuation

US completes foreign aid review; MCC-Nepal project moves ahead amid policy shift and funding uncertainty

US completes foreign aid review; MCC-Nepal project moves ahead amid policy shift and funding uncertainty

Cross River Bank executive, Pravesh Rijal, named to the list of America’s most influential AI leaders

Cross River Bank executive, Pravesh Rijal, named to the list of America’s most influential AI leaders

Santosh Kunwar Elected in NRNA Australia

Santosh Kunwar Elected in NRNA Australia

Bailey bridge construction begins at Rasuwagadhi border: Completion target set for September 15

Bailey bridge construction begins at Rasuwagadhi border: Completion target set for September 15

PM Oli announces installation of 500 deep bore wells in drought-hit Tarai, Commits immediate irrigation relief

PM Oli announces installation of 500 deep bore wells in drought-hit Tarai, Commits immediate irrigation relief

Parbati Karki becomes Ncell Crorepati

Parbati Karki becomes Ncell Crorepati

NRB invites global bids for printing 420 million pieces of Rs. 50 banknotes

NRB invites global bids for printing 420 million pieces of Rs. 50 banknotes

NTA approves construction of 943 towers for Ncell and Nepal Telecom, Paving way for 5G rollout

NTA approves construction of 943 towers for Ncell and Nepal Telecom, Paving way for 5G rollout

IOE Secretary-General Santos commends FNCCI for strengthening industrial relations during key meeting

IOE Secretary-General Santos commends FNCCI for strengthening industrial relations during key meeting

India’s UPI overtakes Visa to become world’s No. 1 real-time payment system

India’s UPI overtakes Visa to become world’s No. 1 real-time payment system

NOC to build Rs 6.5 billion aviation fuel depot at TIA, Replacing sinamangal facility

NOC to build Rs 6.5 billion aviation fuel depot at TIA, Replacing sinamangal facility

SEBON to review margin lending system, Announces major capital market reforms

SEBON to review margin lending system, Announces major capital market reforms

Stock brokers trade over Rs 4.2 trillion in previous FY, NASA Securities leads

Stock brokers trade over Rs 4.2 trillion in previous FY, NASA Securities leads

AmCham Nepal and US Department of Commerce host high-level webinar to boost ICT trade and investment

AmCham Nepal and US Department of Commerce host high-level webinar to boost ICT trade and investment

Nepal towards sustainable hydropower development as three projects qualify for the IHA Blue Planet Prize 2025

Nepal towards sustainable hydropower development as three projects qualify for the IHA Blue Planet Prize 2025

Honorary Consuls Vital for Economic Diplomacy: Dhakal

Honorary Consuls Vital for Economic Diplomacy: Dhakal

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IMF revise Nepal’s growth forecast to 5.2 pc, Citing domestic weakness and global slowdown

IMF revise Nepal’s growth forecast to 5.2 pc, Citing domestic weakness and global slowdown

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