Banking News
NRB Makes National ID Mandatory for Digital Wallet Users
Nepal Rastra Bank (NRB) has amended its Integrated Payment System Directive, making it mandatory for digital wallet users to update their National Identity Card details. Existing users have until the end of Ashwin 2083 BS to comply, while separate provisions have been introduced for Nepalis living abroad.
23 days ago
NRB Reissues Rules on Bringing Foreign Currency Into and Out of Nepal
Nepal Rastra Bank has republished its guidelines on carrying foreign and Indian currency across Nepal's borders, reminding travelers to comply with existing declaration and exchange regulations.
25 days ago
Nabil Bank Wins Three Prestigious Euromoney Awards, Named Nepal's Best Bank
Nabil Bank has received three prestigious honors at the Euromoney Awards for Excellence, earning recognition as Nepal's Best Bank, Best Bank for ESG, and Best Bank for SMEs for its strong financial performance, digital innovation, and commitment to sustainable banking.
a month ago
Nepal’s Bank Deposits Surpass GDP, Raising Structural Economic Concerns
Nepal's banking system now holds deposits worth 131.76% of the country's GDP, highlighting deep financial penetration but also exposing structural weaknesses as surplus liquidity struggles to flow into productive sectors.
a month ago
NRB Eases National ID Rule for Banking, Ends Automatic Account Freeze
Nepal Rastra Bank has relaxed its National Identity Card requirement for banking services, giving customers more time to comply while ensuring uninterrupted access to their accounts.
a month ago
NRB Governor Says Monetary Policy Backs Government Agenda, Not a Standalone Economic Solution
Governor Prof. Dr. Bishwanath Poudel said the FY 2083/84 monetary policy is designed to complement the government's budget and reform agenda, stressing that the central bank alone cannot solve all economic challenges.
a month ago
Nepal Rastra Bank to Mop Up Rs. 50 Billion Through Deposit Collection Auction
The central bank has invited bids to collect Rs. 50 billion from banks and financial institutions as part of its liquidity management strategy.
a month ago
NRB Relaxes Share-Backed Lending Rules, Allows Higher Loans Against Strong Stocks
Nepal Rastra Bank (NRB) has revised its unified directives, allowing banks and financial institutions to provide higher loans against shares of fundamentally strong listed companies based on a mandatory strength assessment framework.
a month ago
NRB Launches Rs. 100 Billion Deposit Collection Drive
Nepal Rastra Bank will collect Rs. 100 billion in deposits from banks and financial institutions through an online bidding process today as part of its liquidity management operations.
a month ago
Muktinath Bikas Bank Donates Biological Microscopes to Nepal Red Cross
Under its Corporate Social Responsibility (CSR) program, Muktinath Bikas Bank has donated three biological microscopes to the Nepal Red Cross Society, Lumbini Province, to support safe and quality blood transfusion services.
a month ago
Nepal's Banks Overflow With Deposits, But Credit Demand Slumps
Nepal's banking sector is witnessing a sharp rise in deposits and excess liquidity, but weak credit demand from businesses and households is limiting lending growth, highlighting sluggish economic activity despite historically low interest rates.
a month ago
Nabil Bank Tops Profit Chart as Commercial Banks Earn Rs. 64.56 Billion
Nepal Rastra Bank's latest financial performance report shows commercial banks earned a combined Rs. 64.56 billion in net profit by the end of Jestha, with Nabil Bank leading the sector, while Garima Bikas Bank topped development banks.
a month ago