Banking News

Nepal’s Bank Deposits Surpass GDP, Raising Structural Economic Concerns

Nepal’s Bank Deposits Surpass GDP, Raising Structural Economic Concerns

Nepal's banking system now holds deposits worth 131.76% of the country's GDP, highlighting deep financial penetration but also exposing structural weaknesses as surplus liquidity struggles to flow into productive sectors.

23 days ago
NRB Eases National ID Rule for Banking, Ends Automatic Account Freeze

NRB Eases National ID Rule for Banking, Ends Automatic Account Freeze

Nepal Rastra Bank has relaxed its National Identity Card requirement for banking services, giving customers more time to comply while ensuring uninterrupted access to their accounts.

25 days ago
NRB Governor Says Monetary Policy Backs Government Agenda, Not a Standalone Economic Solution

NRB Governor Says Monetary Policy Backs Government Agenda, Not a Standalone Economic Solution

Governor Prof. Dr. Bishwanath Poudel said the FY 2083/84 monetary policy is designed to complement the government's budget and reform agenda, stressing that the central bank alone cannot solve all economic challenges.

25 days ago
Nepal Rastra Bank to Mop Up Rs. 50 Billion Through Deposit Collection Auction

Nepal Rastra Bank to Mop Up Rs. 50 Billion Through Deposit Collection Auction

The central bank has invited bids to collect Rs. 50 billion from banks and financial institutions as part of its liquidity management strategy.

a month ago
NRB Relaxes Share-Backed Lending Rules, Allows Higher Loans Against Strong Stocks

NRB Relaxes Share-Backed Lending Rules, Allows Higher Loans Against Strong Stocks

Nepal Rastra Bank (NRB) has revised its unified directives, allowing banks and financial institutions to provide higher loans against shares of fundamentally strong listed companies based on a mandatory strength assessment framework.

a month ago
NRB Launches Rs. 100 Billion Deposit Collection Drive

NRB Launches Rs. 100 Billion Deposit Collection Drive

Nepal Rastra Bank will collect Rs. 100 billion in deposits from banks and financial institutions through an online bidding process today as part of its liquidity management operations.

a month ago
Muktinath Bikas Bank Donates Biological Microscopes to Nepal Red Cross

Muktinath Bikas Bank Donates Biological Microscopes to Nepal Red Cross

Under its Corporate Social Responsibility (CSR) program, Muktinath Bikas Bank has donated three biological microscopes to the Nepal Red Cross Society, Lumbini Province, to support safe and quality blood transfusion services.

a month ago
Nepal's Banks Overflow With Deposits, But Credit Demand Slumps

Nepal's Banks Overflow With Deposits, But Credit Demand Slumps

Nepal's banking sector is witnessing a sharp rise in deposits and excess liquidity, but weak credit demand from businesses and households is limiting lending growth, highlighting sluggish economic activity despite historically low interest rates.

a month ago
Nabil Bank Tops Profit Chart as Commercial Banks Earn Rs. 64.56 Billion

Nabil Bank Tops Profit Chart as Commercial Banks Earn Rs. 64.56 Billion

Nepal Rastra Bank's latest financial performance report shows commercial banks earned a combined Rs. 64.56 billion in net profit by the end of Jestha, with Nabil Bank leading the sector, while Garima Bikas Bank topped development banks.

a month ago
Nepal Rastra Bank to Withdraw Rs 60 Billion Again Amid Excess Liquidity

Nepal Rastra Bank to Withdraw Rs 60 Billion Again Amid Excess Liquidity

The central bank continues its liquidity management efforts by conducting another large-scale deposit collection auction from banks and financial institutions.

a month ago
ADB Forecasts Nepal’s Economic Growth to Slow to 3.9% in 2026

ADB Forecasts Nepal’s Economic Growth to Slow to 3.9% in 2026

The Asian Development Bank (ADB) has projected Nepal’s economy to grow by 3.9% in 2026, citing broader regional and global economic challenges, a figure well below the government's growth target.

a month ago
Kumari Bank Provides Smart TVs to Six Schools in Bajura to Promote Digital Education

Kumari Bank Provides Smart TVs to Six Schools in Bajura to Promote Digital Education

As part of its Corporate Social Responsibility (CSR) initiative, Kumari Bank has donated smart televisions to six community secondary schools in Bajura’s remote Gaumul Rural Municipality to strengthen digital learning and improve access to quality education.

a month ago