Nepal's banks and financial institutions (BFIs) continue to reel under the problem of having excessive liquidity even after the commencement of the new fiscal year (FY) 2025/26.Citing the problem, ...

According to the central bank, the US dollar has continued its upward trend for the fourth consecutive day, with the buying rate set at Rs 139.86 and the selling rate at Rs 140.46. On Thursday, the ...

KATHMANDU, July 31: Despite declining interest rates, investors are increasingly turning to government-issued development bonds, driven by sluggish economic activity in the real sector and limited ...

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 is the latest victim in a string of cyber heists, though most of the stolen funds have been recovered, two officials involved in the investigation confirmed on Tuesday. Hackers ...

Nepal's central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to tame inflation which is running at a six-year high, and ...

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 ...

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