Nepal Rastra Bank (NRB) has come under fire for its weak role in supervision and monitoring of the banks and financial institutions (BFIs) following the case of crisis-ridden Karnali Development Bank ...

The KDBL had collected deposits of Rs 4.90 billion from the general people. Last December, the NRB took over the management ...

Full Case Digest Text Cite as: Chettri v. Nepal Rastra Bank, 14-3724, NYLJ 1202760884512, at *1 (2d Cir., Decided June 20, 2016) ...

Among Gulf currencies, the Saudi riyal is exchanged at Rs 36.82 (buying) and Rs 36.98 (selling), while the Qatari riyal is ...

KEY POLICY ANNOUNCEMENTS ...

Finance Minister Janardhan Sharma (left), Nepal Rastra Bank Governer Maha Prasad Adhikari (centre), and Prime Minister Sher Bahadur Deuba (rig On 8 April, Finance Minister Janardan Sharma suspended ...

Late last week, under pressure from banks and big business, Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari unveiled a new monetary policy. The policy expands credit of banks and credit sector, ...

A bank in Nepal has recovered most of the money stolen after its SWIFT server was hacked last month, two officials, involved in the investigation of the Himalayan nation's first reported cyber ...

Nepal paid for orders from Tarala by letters of credit from Rastra Bank. Tarala wired $1 million to Wu’s account at Nepal Bangladesh Bank Ltd. in Kathmandu to pay for a third party’s delivery ...