The meeting of Nepal Bankers Association, the umbrella organization of chief executive officers of commercial banks, decided to reduce the interest rate on deposits.
The Nepal Bankers' Association, an organization of chief executive officers of commercial banks, has decided to suspend the opening of letter of credit (LC) for a week.
Nepal Bankers' Association, the umbrella organization of the commercial banks, has said that cryptocurrency, virtual currency and the network marketing business and transactions are illegal.
Finance Minister Janardan Sharma on Friday held a discussion with chief executive officers of 27 Group 'A' commercial banks on the problems facing the banks including a liquidity crunch and financial institutions and the solution needed.