Kathmandu: Governor of the Nepal Rastra Bank Maha Prasad Adhikari has said the country's economy had been on the path to improvement.     Foreign exchange reserves were…

Kathmandu: The country received remittances of Rs 281 billion in three months (review period) of the current fiscal year, a 17 percent rise compared to remittances inflow in the corresponding pe…

Kathmandu: Laxmi Bank has signed Letter of Cooperation with USAID Trade and Competitiveness activity with the common goal to increase availability of and access to financial products and services for…

Kathmandu: With the Insurance Act-2079 BS coming into force from today, Nepal Insurance Authority (NIA) has formally begun its business. The Act transforms the Beema Samiti (Insurance Board) int…

Kathmandu: The outstanding amount of refinance provided by Nepal Rastra Bank (NRB) remained Rs.108.49 billion in mid-September 2022. As of mid-September 2022, the outstanding concessional loan i…

Kathmandu: IFC, a member of the World Bank Group, is extending an unfunded short-term facility under the Global Trade Finance Program (GTFP) to Global IME Bank, one of the largest commercial banks of…

Kathmandu: Global IME Bank Limited and Global Money Express have organized an interaction program in Seoul, South Korea, urging the South Korean investors and Nepali community there to invest in Nepa…

Kathmandu: Nepal received foreign direct investment of over Rs 227 billion from 55 countries as of mid-July.     According to a survey report on foreign direct investment (…

Kathmandu: The Nepal Rastra Bank (NRB) has intended to invest Rs 2 billion of the Retirement Fund in fixed deposits of banks and financial institutions (BFIs).     The cent…