Banking News
Kumari Bank Partners with National Path Lab to Offer 10% Healthcare Discount
Kumari Bank Limited has teamed up with National Path Lab and Research Center Limited, enabling its account holders and staff to receive up to a 10% special discount on various laboratory diagnostic services.
2 months ago
NRB Faces Pressure to Align Upcoming Monetary Policy With Private Sector-Friendly Budget Propositions
Despite an exceptionally strong external sector fueled by record remittance inflows and robust foreign exchange reserves, Nepal’s domestic economy remains trapped in a sluggish state, prompting private sector leaders to demand an investment-friendly upcoming Monetary Policy for FY 2083/084 to revive business confidence and stimulate market demand.
2 months ago
Acting CEO Mukesh Kumar Kapoor Resigns from Himalayan Reinsurance
Himalayan Reinsurance Limited's Deputy and Acting CEO, Mukesh Kumar Kapoor, has stepped down from his position, submitting his formal resignation on Ashadh 8, 2083.
2 months ago
Leadership Shift: Chhimek Laghubitta Appoints Rishiraj Joshi as New Board Chairperson
Chhimek Laghubitta Bittiya Sanstha Limited has announced the unanimous election of director Rishiraj Joshi as its new board chairperson during the company's 339th board meeting.
2 months ago
Sanima Reliance Life Insurance Crowned "Corporate Life Insurance of the Year 2026"
Sanima Reliance Life Insurance Limited has been recognized for its digital innovation, service excellence, and sector-leading contribution at the 18th Corporate Business Summit and Awards 2026.
2 months ago
Prime Commercial Bank to Issue NPR 3 Billion Worth of Debentures from Ashar 16
Prime Commercial Bank Limited is set to open the subscription for its 10-year debenture, "6.25% Prime Bank Debenture 2093," starting Ashar 16, offering investors an attractive annual interest rate of 6.25%.
2 months ago
NRB Tightens Executive Pay: Nepal's Central Bank Introduces Strict Capping and Performance Metrics for BFI CEOs
Nepal Rastra Bank issues the 'CEO Remuneration Guidelines, 2083', instituting strict annual salary caps tied to asset size and employee expenses alongside performance-contingent benefits to elevate corporate governance.
2 months ago
Garima Bikas Bank Crowned ‘Development Bank of the Year 2026’
Garima Bikas Bank wins big at the 18th Corporate Business Awards, securing the "Development Bank of the Year 2026" title on the heels of its recent "Best Managed Development Bank" accolade.
2 months ago
ICRA Nepal Reaffirms Nabil Bank’s Ratings, Removes ‘Negative Watch’
Nabil Bank's credit credibility receives a major boost as ICRA Nepal maintains its 'A' issuer rating and lifts the negative implication watch, signaling low credit risk and robust financial safety.
2 months ago
PhoneLoan Reshapes Nepal's FinTech Space with NPR 17 Billion Disbursed Across 10 Commercial Banks
Under Nepal Rastra Bank’s digital lending guidelines, PhoneLoan has revolutionized unsecured lending by facilitating over 5.5 lakh collateral-free, paperless loans totaling NPR 17 Billion via AI-driven credit scoring.
2 months ago
Shangrila Development Bank (SADBL) Announces Auction of 1.74 Lakh Units Promoter Shares to Public
Shangrila Development Bank Limited (SADBL) is auctioning 1,74,390 units of its promoter shares, opening up eligibility to individual investors, companies, and institutions.
2 months ago
Nepal Rastra Bank Proposes Strict Curb on Political Activity and Strikes for Bank Employees
Nepal Rastra Bank has drafted severe restrictions for banking sector employees, proposing a blanket ban on political affiliations, election campaigning, and participating in disruptive strikes, while preserving their fundamental right to vote and join professional bodies.
2 months ago