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Non-banking assets of Nepali commercial banks rise nearly 20% amid weak loan recovery

KATHMANDU: Nepal’s commercial banks have reported a sharp rise in non-banking assets as economic slowdown, weak real-estate activity, and mounting difficulties in loan recovery continue to pressure the financial sector. According to second-quarter financial statements published by commercial banks, total non-banking assets of 19 banks reached Rs 46.56 billion...

Non-banking assets of Nepali commercial banks rise nearly 20% amid weak loan recovery
Ncell’s credit ratings reaffirmed as ICRA Nepal signals strong financial stability

Ncell’s credit ratings reaffirmed as ICRA Nepal signals strong financial stability

Nepal declares monkeys as ‘Agriculture-Harmful Wildlife’, Farmers can act without penalty

Nepal declares monkeys as ‘Agriculture-Harmful Wildlife’, Farmers can act without penalty

Nepal grants Rs 53 billion in tax waivers in six months, SAFTA and projects receive largest share

Nepal grants Rs 53 billion in tax waivers in six months, SAFTA and projects receive largest share

Ballot printing for House of Representatives election nears completion

Ballot printing for House of Representatives election nears completion

Govt collects Rs 5 billion in land revenue in Magh as property transactions remain weak

Govt collects Rs 5 billion in land revenue in Magh as property transactions remain weak

NRB Act set for amendment, New provisions on digital banks and currency proposed

NRB Act set for amendment, New provisions on digital banks and currency proposed

Rs 55 bn Parbat–Muktinath Cable Car project EIA prepared, Plan includes 20 stations and 871 Gondolas

Rs 55 bn Parbat–Muktinath Cable Car project EIA prepared, Plan includes 20 stations and 871 Gondolas

Birgunj customs collects Rs 135.48 billion revenue in seven months, Falls short of target

Birgunj customs collects Rs 135.48 billion revenue in seven months, Falls short of target

Gold Price Jumps by Rs 2,300 per Tola in Nepal, Silver Slips Slightly

Gold Price Jumps by Rs 2,300 per Tola in Nepal, Silver Slips Slightly

Govt spends 40pc of annual budget by Mid-February; Capital expenditure shrinks to 15pc

Govt spends 40pc of annual budget by Mid-February; Capital expenditure shrinks to 15pc

Govt collects Rs 665 billion in revenue by Mid-February; Income tax and non-tax receipts decline

Govt collects Rs 665 billion in revenue by Mid-February; Income tax and non-tax receipts decline

Gold price falls by Rs3,000 per tola, Silver drops Rs 340 in Nepali market

Gold price falls by Rs3,000 per tola, Silver drops Rs 340 in Nepali market

Massive 80.7 billion cubic meters natural gas reserve confirmed in Dailekh, Nepal

Massive 80.7 billion cubic meters natural gas reserve confirmed in Dailekh, Nepal

ADB appoints Sona Shrestha as director general for South Asia

ADB appoints Sona Shrestha as director general for South Asia

Nepal’s IT service exports reach estimated Rs145 billion annually

Nepal’s IT service exports reach estimated Rs145 billion annually

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

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

Govt enforces strict freight vehicle load limits; Overloaded trucks to unloaded on the spot

Govt enforces strict freight vehicle load limits; Overloaded trucks to unloaded on the spot

Only non-productive ‘Small and Fragmented’ projects halted, Says Finance Minister Khanal

Only non-productive ‘Small and Fragmented’ projects halted, Says Finance Minister Khanal

Legal barrier removed: Government to confiscate Rs 3.60 billion from Sunkoshi–Marin contractor

Legal barrier removed: Government to confiscate Rs 3.60 billion from Sunkoshi–Marin contractor

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