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Unproductive sector lending up as credit demand slows down in manufacturing sector

KATHMANDU: Credit flow of banks and financial institutions to the unproductive sector has started increasing after the demand for credit from the manufacturing industries and for infrastructure development declined due to the impact of COVID-19. According to Nepal Rastra Bank (NRB), flow of consumption loans from banks and financial institutions...

Unproductive sector lending up as credit demand slows down in manufacturing sector
Forex reserve continue to decline despite tightening measures

Forex reserve continue to decline despite tightening measures

Govt downsizes budget size by Rs 86 billion for FY 2021-22

Govt downsizes budget size by Rs 86 billion for FY 2021-22

Central Bank enforces cash margin policy on additional 27 types of goods

Central Bank enforces cash margin policy on additional 27 types of goods

Govt decides to revoke five-start status of Hotel Yak and Yeti on failure to pay tax

Govt decides to revoke five-start status of Hotel Yak and Yeti on failure to pay tax

Talking Infrastructure: The role of politics and public discourse in Nepal’s infrastructure development

Talking Infrastructure: The role of politics and public discourse in Nepal’s infrastructure development

Credit disbursement higher than deposit collection

Credit disbursement higher than deposit collection

Investment Board approves Rs 9.68 billion investment in Dabur Nepal

Investment Board approves Rs 9.68 billion investment in Dabur Nepal

Project contract up to Rs 3 billion to domestic contractors

Project contract up to Rs 3 billion to domestic contractors

Non-performing loans in Nepal’s banking sector least in South Asia

Non-performing loans in Nepal’s banking sector least in South Asia

Development Banks record 4.22 percent average spread rate in Q2

Development Banks record 4.22 percent average spread rate in Q2

NEA revises rule to relocate electrical structures in power distribution

Govt decides to hold local body election on May 13

Govt decides to hold local body election on May 13

Hyundai faces backlash in India over Pakistan arm’s Kashmir posts

Hyundai faces backlash in India over Pakistan arm’s Kashmir posts

Plots of Simara SEZ ready to set up industries

Plots of Simara SEZ ready to set up industries

Nepal urge India to buy 853 MW of electricity produced by 8 projects

Nepal urge India to buy 853 MW of electricity produced by 8 projects

Budget for local level election estimated at around 37 Rs billion

Budget for local level election estimated at around 37 Rs billion

Nepal likely to lose $500 million MCC grant on failure to ratify the project by February 28

Nepal likely to lose $500 million MCC grant on failure to ratify the project by February 28

NRB alerts consumers about risks of electronic transactions

NRB alerts consumers about risks of electronic transactions

Inflow of foreign tourists increases over 91 percent amid Covid-19

Inflow of foreign tourists increases over 91 percent amid Covid-19

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