Banking News

Digital Nepal: Mobile Banking Transactions Surge to Rs 6.18 Kharba!

Latest Nepal Rastra Bank data reveals a massive shift toward digital finance, with mobile banking and QR codes leading the way as of Chaitra 2082 BS.

NRB Liquidity Mopping: Central Bank to Absorb Rs 40 Billion Excess Cash

NRB steps in to stabilize the interbank market by collecting Rs 40 billion in deposits through a competitive bidding process today.

Laxmi Sunrise Bank Partners with CIT for Efficient Retirement Fund Management

Citizen Investment Trust (CIT) and Laxmi Sunrise Bank partner to optimize retirement funds, ensuring systematic records and efficient payouts.

Major Milestone: Garima Bikas Bank Wins Prestigious Industry Award

Recognized for excellence in management and technology, Garima Bikas Bank is officially named the Best Managed Development Bank 2026.

Rich on Paper, Empty in Pocket: The Alarming Profit-Cash Gap Crippling Nepali Banks

Nepali commercial banks are reporting high net profits while facing negative distributable profits and cash flow issues due to unpaid interest and rising bad loans.

Kamana Sewa Bikas Bank Steps Up: Vital Educational Support Reaches 138 Underprivileged Students!

Kamana Sewa Bikas Bank has provided essential stationery and learning materials to 138 students at Shree Janakalyan Basic School through its CSR initiative.

NIC Asia Bank Set for Massive Capital Expansion: Central Bank Approves 50% Right Share Issue!

NIC Asia Bank has received preliminary approval from Nepal Rastra Bank to issue 50% right shares to its shareholders. The proposal will be presented at the upcoming 28th Annual General Meeting for final endorsement before proceeding to the Securities Board of Nepal.

Shilpa Pradhananga Takes Charge: A New Era of Leadership Begins at Ganapati Laghubitta

Shilpa Pradhananga has officially been sworn in as the Chairperson of Ganapati Laghubitta Bittiya Sanstha Limited following her unanimous election. She took her oath of office before the Chief of Nepal Rastra Bank's Pokhara Office.

Garima Bikas Bank Partners with Top Hospitals to Slash Healthcare Costs for Customers

Garima Bikas Bank has partnered with Om Hospital and Kantipur Dental Hospital to offer exclusive discounts on medical and dental services to its cardholders and mobile banking users.

NRB Moves to Mop Up Massive Rs. 120 Billion as Banking System Overwhelmed with Excess Cash

Nepal Rastra Bank is conducting a massive liquidity absorption exercise, seeking to collect Rs. 120 billion in 97-day deposits from financial institutions.

NRB to Absorb Rs. 40 Billion from Banks Through 49-Day Deposit Auction

Profit Surge: Nepal's Commercial Banks Report 19% Rise in Collective Earnings

Nabil Bank earned a record Rs 6.76 billion this quarter, while Kumari Bank saw a massive 1361% profit jump.