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NRB lowers Policy Rate to 6.5% in 202023-24 monetary policy announcement

KATHMANDU: Nepal Rastra Bank unveiled its monetary policy for the current financial year 2023-24 on Sunday, featuring a significant reduction in the policy rate. The policy rate has been lowered to 6.5 percent, down from the previous rate of 7 percent. The reduction in the policy rate is expected...

NRB lowers Policy Rate to 6.5% in 202023-24 monetary policy announcement
NRB set to implement Monetary Policy to safeguard external sector progress

NRB set to implement Monetary Policy to safeguard external sector progress

MoF sets strict deadlines and guidelines for project construction and budget implementation

MoF sets strict deadlines and guidelines for project construction and budget implementation

Scheduled power outage planned for Kathmandu and Lalitpur on Saturday

Scheduled power outage planned for Kathmandu and Lalitpur on Saturday

Large quantity gold seizure at TIA prompts customs department to form investigation committee

Large quantity gold seizure at TIA prompts customs department to form investigation committee

Commercial banks in Nepal record profits of Rs 67.23 bn during FY 2022-23

Commercial banks in Nepal record profits of Rs 67.23 bn during FY 2022-23

Customs Department suspends employees involved in 100 kg gold smuggling incident at TIA

Customs Department suspends employees involved in 100 kg gold smuggling incident at TIA

Nepal avoids grey list as FATF grants one-year improvement period with close supervision

Nepal avoids grey list as FATF grants one-year improvement period with close supervision

Russia halts participation in Ukraine grain deal

Russia halts participation in Ukraine grain deal

Nepal’s electricity sales hit roadblocks as India seeks detailed investor information

Nepal’s electricity sales hit roadblocks as India seeks detailed investor information

Final stretch: Only 35 meters left to excavate in Nagadhunga-Naubise tunnel

Final stretch: Only 35 meters left to excavate in Nagadhunga-Naubise tunnel

Private sector loan demand stagnant in Nepal’s recession-hit economy

Private sector loan demand stagnant in Nepal’s recession-hit economy

7,101 cases of banking offense registered in Kathmandu District Court

7,101 cases of banking offense registered in Kathmandu District Court

Commencement of new FY marks implementation of fresh tax measures, including income tax

Commencement of new FY marks implementation of fresh tax measures, including income tax

BFIs adjust interest rates as cartelization scheme is cancelled

BFIs adjust interest rates as cartelization scheme is cancelled

Petrol prices in Nepal witness a downward trend following IOC’s reduction

Petrol prices in Nepal witness a downward trend following IOC’s reduction

Google, Meta, and Amazon pay taxes in Nepal for the first time

Google, Meta, and Amazon pay taxes in Nepal for the first time

Nepal, Bangladesh complete trilateral agreement for 40 MWs of electricity transfer

Nepal, Bangladesh complete trilateral agreement for 40 MWs of electricity transfer

Nepal, India sign agreement for additional 300 MW electricity sales

Nepal, India sign agreement for additional 300 MW electricity sales

IBN signs MoU with DIAG Industries GmbH for detailed feasibility study of chemical fertilizer plant

IBN signs MoU with DIAG Industries GmbH for detailed feasibility study of chemical fertilizer plant

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