Commercial banks

The Federation of Small and Cottage Industries has welcomed the third quarterly review of monetary policy unveiled

Pakistan's major debt sustainability indicators have witnessed marked deterioration during the first half of this fiscal year

NRB then Governor Dr Chiranjibi Nepal made a provision of the commercial banks to have paid up capital of Rs 8 billion through the monetary policy.

The meeting of Nepal Bankers Association, the umbrella organization of chief executive officers of commercial banks, decided to reduce the interest rate on deposits.

Thousands of people are left jobless due to the closure of the market at Taftan.

As deposits increase and credit investment shrinks, the banking system has moved towards a comfortable state.

From Sunday, September 18, banks in Kathmandu Valley will issue new notes for Dashain

Commercial banks have decided to offer a new interest rate of 11.03 per cent on deposits.

Commercial banks, which have been facing liquidity problems for a long time, have raised interest rates for the month of February.

Nepal Rastra Bank (NRB) is moving to reverse a fast-depleting foreign exchange reserve by discouraging the import of non-essential goods and helping enterprises to borrow from abroad.