There will be an initial large ‘wedge’ between rates when first introduced, official says
Banks must open rural branches before urban, governor says
Khatiwada presentation at last month’s Seacen conference called for links between systems
Central bank to study need for counter-cyclical buffer in a developing economy
Parliament demands report from finance ministry and Nepal Rastra Bank; latest country to delve into Australian companies' discrepancies
Nepal Rastra Bank says it will phase out old notes depicting former monarch
Senior central banker quoted as saying Nepal will allow foreign banks to operate in the jurisdiction from the New Year
Economic growth in Nepal remained weak in 2006/07, the country's central bank said in its latest Annual Report.
Nepal's real GDP grew by 2.3 % in the 2005 to 2006 period.
The Nepal Rastra Bank, the country's central bank, has published details of its policy strategy for the current fiscal year. The central bank says policy will aim to keep inflation under 5% without any change in the compulsory cash ration or the bank...
Bijay Nath Bhattarai, the governor and chairman of Nepal Rastra Bank, the central bank of Nepal, is reported to have been suspended from these positions.
Nepal Rastra Bank (NRB) is set to introduce the Bank and Financial Institution Act to allow mergers and acquisitions amongst financial institutions, an NRB official told reporters Friday 27 April.
After a protracted dispute among the ruling parties, a cabinet meeting on Monday 31 January finally decided to appoint deputy governor Bijaya Nath Bhattarai as the new governor of the Nepal Rastra Bank.
NEPAL - Nepali Defence Minister Mahesh Acharya quit the government late on Mar 29, 2001 after the Himalayan kingdom's highest court reversed an earlier decision of his to dismiss the central bank governor.
Nepal's central bank said on Monday it had asked the Himalayan kingdom's two state-owned banks to be cautious in granting new loans, a move aimed at protecting the ailing institutions.
Nepal's central bank has worked out a reform program to speed up the reformation of the 121 financial institutions in Nepal that are mired in managerial problems, according to the bank's statement issued on Friday.