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Nine commercial banks are penalized by the NRB with cash fines totaling Rs. 153.70 million for noncompliance

KATHMANDU: For violating the established guidelines, Nepal Rastra Bank (NRB) fined nine banks and their chief executive officers a total of Rs 153.70 million in cash. The NRB claims that after financial institutions and their CEOs failed to comply with the rules regarding loan provision, it took action against...

Nine commercial banks are penalized by the NRB with cash fines totaling Rs. 153.70 million for noncompliance
Himalayan Stock Exchange (HSX) applies for a license for a new stock exchange

Himalayan Stock Exchange (HSX) applies for a license for a new stock exchange

Google registered with the Nepali tax net

Google registered with the Nepali tax net

Govt sends letters to Hotel Hyatt and Regency requesting information on all financial transactions

Govt sends letters to Hotel Hyatt and Regency requesting information on all financial transactions

FM Mahat expands his team, appoints three economic advisors

FM Mahat expands his team, appoints three economic advisors

Since middle July, over 600,000 Nepalese migrants have left the country

Since middle July, over 600,000 Nepalese migrants have left the country

Government reinstates Melamchi Water Supply Development Board

Following the government’s removal of import restrictions, Nepal’s import costs start to rise in subsequent months

Following the government’s removal of import restrictions, Nepal’s import costs start to rise in subsequent months

FNCCI calls for lower loan interest rates

FNCCI calls for lower loan interest rates

FNCCI President Dhakal asks hydropower developers to invest in Nepal

FNCCI President Dhakal asks hydropower developers to invest in Nepal

Government relaxes restrictions on land fragmentation

Government relaxes restrictions on land fragmentation

Fourth meeting of Nepal-Japan Bilateral Consultation Mechanism held in Tokyo

Fourth meeting of Nepal-Japan Bilateral Consultation Mechanism held in Tokyo

‘Export of electricity is necessary for economic prosperity’

‘Export of electricity is necessary for economic prosperity’

Public debt rose by Rs 160 billion in first nine months of the current fiscal year

Public debt rose by Rs 160 billion in first nine months of the current fiscal year

NTA decides to revoke Smart Telecom’s license and seize control of the company’s assets

NTA decides to revoke Smart Telecom’s license and seize control of the company’s assets

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CIAA files a case against nine individuals regarding security printing press, demanding Rs 690 mln

CIAA files a case against nine individuals regarding security printing press, demanding Rs 690 mln

Sources to be disclosed when depositing more than 1 lakh in microfinance

Sources to be disclosed when depositing more than 1 lakh in microfinance

NAC to fly Kuala Lampur and Delhi from GBIA

NAC to fly Kuala Lampur and Delhi from GBIA

Nepal’s electricity production becomes 2,689.83 MW

Nepal’s electricity production becomes 2,689.83 MW

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