Alipay and WeChat Pay banned; foreign payment services must register in Nepal
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Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
Nepal Rastra Bank asks RBI to permit new Indian notes to be used as legal tender
Some households have been affected, IMF says, but holdings of Indian rupee were “small”
“Cooling-off” period adjusted for central bank employees under new legislation
Bank has developed a number of models to make financial services affordable
Banks and financial institutions will have to re-register with the bank under new licensing law
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
Economic growth in Nepal remained weak in 2006/07, the country's central bank said in its latest Annual Report.
Bijaya Nath Bhattarai, the governor of the Nepal Rastra Bank, has been found guilty of corruption and sacked, media reports said on Wednesday 19 March.
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…
The government of Nepal has appointed Krishna Bahadur Manandar as the acting governor of Nepal Rastra Bank, the country's central bank. The temporary appointment comes after the suspension of governor Bijayanath Bhattarai.
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) governor Bijaya Nath Bhattarai, who is accused of misusing funds to suppress the pro-democracy movement last year, was barred from boarding a flight to Bangladesh on Monday 14 May, DailyIndia reported.
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.
According to the Nepal Rastra Bank's Annual Report 2003-04, gross domestic product (GDP) at producers' price and factor cost witnessed growth of 3.7 percent and 3.6 percent respectively in 2003/04.