Banking News
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.
Rastriya Banijya Bank to Launch NepalPay Cards: Strengthening Domestic Digital Payments!
Rastriya Banijya Bank (RBB) has signed a strategic agreement with Nepal Clearing House Limited (NCHL) to roll out NepalPay Card services. As a principal member of the National Card Switch, the state-owned bank aims to leverage its massive nationwide network to provide customers with an accessible and indigenous digital payment solution.
Nabil Bank Reaffirms Data Integrity Protocols Amidst Misleading Media Reports.
Nabil Bank Limited has officially denied social media claims regarding a breach of customer transaction data. The bank clarified that any information referenced in recent news reports was accessed through legal investigative channels, not an unauthorized leak, and reaffirmed its commitment to international data security standards.
Banking Discipline Tightened: SC Rules Large Shareholders Accountable for Unpaid Loans.
The Supreme Court of Nepal has upheld a crucial Nepal Rastra Bank (NRB) regulation allowing the blacklisting of shareholders holding 15% or more stake in a company that defaults on bank loans. The constitutional bench ruled that large shareholders are decision-makers, not just passive investors, and cannot use the "Limited Liability" shield to escape accountability for unpaid debts.