Reserve Bank of India Launches Digital Rupee Pilot Program
1st November 2022, Kathmandu
India's central bank RBI launched the first digital currency on Tuesday. As a pilot project, RBI has issued central bank digital currency "CBDC" allowing nine banks to use...
Everything You Want to Know About Asarfi Gold Coins Nepal
22nd October 2022, Kathmandu
Rastra Bank started to sell gold and silver coins on Thursday on the Dhanteras occasion of Tihar. Rastra Bank has been selling gold and silver coins throughout the...
Free Mobile Banking Fund Transfer during Tihar & Chhath
23rd October 2022, Kathmandu
With an objective to encourage mobile based fund transfer during the festivals of Tihar and Chhath, the transaction fee for fund transfer initiated from BFI’s Mobile Banking using...
Siddharth Bank Customers Get Rs. 400 Cashback on POS Transactions
23rd October 2022, Kathmandu
Siddhartha Bank Limited has introduced a new scheme targeting the festival of Tihar.
Under this scheme, customers of the bank will get a cashback of Rs 400 when they...
Investment Board Nepal Grants a License to NHPC to Survey the West Seti Projects
21st October 2022, Kathmandu
The Board of Investment has granted a survey license to NHPC, which is owned by the Government of India. On Thursday, Board CEO Sushil Bhatt handed over the...
Sanima Bank Joins the Partnership for Carbon Accounting Financials
20th October 2022, Kathmandu
Sanima Bank has joined the Partnership for Carbon Accounting Financials (PCAF) and has committed to disclose its climate-related impact from its financing and investing activities.
The PCAF is a...
Sanima 3-in-1 Account: with additional features of C-ASBA and Mero Share
18th October 2022, Kathmandu
Sanima Bank has upgraded the 3-in-1 account to make the share trading platform easier and simpler for its customers.
For convenience to the customer, while applying 3 for 1...
Commercial Banks Facing Liquidity Problem Loses 8 Arba Deposits in a Week
14th October 2022, Kathmandu
The problem of liquidity in commercial banks is getting worse. Even though banks and financial institutions have increased interest rates, deposit collection is decreasing.
During the last week, deposits...
NRB to Sell Treasury Bills Worth More Than 18 Billion Rupees
10th October 2022, Kathmandu
Nepal Rastra Bank is going to sell treasury bills worth more than 18 billion rupees. The Central Bank is going to sell treasury bills worth 18 billion 25...
Nepali Banks to Operate Dashain Holiday Counters
2nd October 2022, Kathmandu
Banks are going to operate Dashain counters for the convenience of customers during Dashain holidays. Like every year, banks have opened Dashain counters at various locations for customers...
Smart QR & NEPALPAY QR to Implement Network-level QR Interoperability
30th September 2022, Kathmandu
Smart Choice Technologies Ltd. and Nepal Clearing House Ltd. are partners for the implementation of internetwork interoperability between NepalPay QR and the Smart QR network.
An official agreement was...
Sanima Bank launches Dashain and Tihar Mobile Banking Campaign
29th September 2022, Kathmandu
On the auspicious occasion of the Dashain and Tihar festival, Sanima Bank offers 10% up to Rs. 100 cash back on QR payments made from the Sanima Mobile...
Everest Bank Launches e-Paicho Fone Loan Facility
24th September 2022, Kathmandu
Everest Bank has launched the 'e-Paicho fone Loan' facility. Customers who are considered eligible by the bank can get loans up to Rs 2 lakh without collateral through...
Bhatbhateni Enables NEPALPAY QR
24th September 2022, Kathmandu
Bhatbhateni has also enabled NEPALPAY QR at all its outlets across Nepal so that the customers can scan the QR to pay digitally.
Customers can use their mobile banking...
Sanima Bank Launches Cash Deposit Machine Facility
21st September 2022, Kathmandu
Sanima Bank has launched Cash Deposit Machine (CDM) to its valued customer that allows customers to deposit cash on their own using the machine.
The bank believes that this...
Hamro Patro Remit Starts Digital Remittance with NPS
19th September 2022, Kathmandu
Hamro Patro Remit has signed an agreement with Nepal Clearing House Ltd. (NCHL) as an indirect member of the National Payment Switch (NPS) for local disbursement of its...
SEBON Grants Private Equity Venture Capital License to Aadhyanta
19th September 2022, Kathmandu
Aadhyanta Fund Management Limited has successfully registered with the Securities Boards of Nepal and secured the license to operate as a Fund Manager in Nepal. The fund manager...
SmartChoice Technologies and Gateway Pavement Services MoU For Interworking
19th September 2022, Kathmandu
An agreement has been reached for interworking between Smart QR operated by SmartChoice Technologies Limited (SCT) and UPI Nepal QR prepared by Gateway Payment Service (GPS).
Chief Executive Officer...
Sanima Bank Ties up with Additional 20 Merchants for Discount
18th September 2022, Kathmandu
Sanima Bank has made arrangements to provide discounts at 20 additional merchants while making digital payments to encourage customers to use digital platforms for payments.
Under this arrangement, customers...
Nepal Rastra Bank Issues New Provisions for Branchless Banking Services
14th September 2022, Kathmandu
A concept brought to provide financial access simply and easily to places where there are no bank branches can be considered branchless banking services. Under this, in places...
Sanima Bank Partners with Daraz to Offer Exclusive Discount
14th September 2022, Kathmandu
On the auspicious occasion of the Dashain festival, Sanima Bank entered into a partnership with Daraz to offer an exclusive discount on the “Dashain Dhamaka” campaign.
During the campaign...
Everything You Need to Know About the Treasury Bills
13th September 2022, Kathmandu
Treasury bills are short-term government bonds used to raise domestic debt with a maturity of one year or less. Treasury bills are issued for 4 periods of 28...
Shekhar Baral Appointed as CEO of Rastriya Beema Company for Four Years
11th September 2022 Kathmandu
Shekhar Baral has been appointed as the Chief Executive Officer of Rastriya Beema Company. Baral has been appointed for four years.
He was selected through an open competition. There...
More Than Billion Worth Of IPO Pipeline Waiting Approval From SEBON
10th September 2022, Kathmandu
31 companies have submitted their application to the Nepal Securities Board (SEBON) for the issuance of ordinary shares (IPO) and are awaiting approval. According to Sebon, while waiting...
IME Announces Winners of the First Week of its Gift Scheme
10th September 2022, Kathmandu
The winners of the first week of the gift scheme launched by IME targeting Dashain-Tihar and Chhath have been announced. The winner was chosen on Facebook live on...
Government Issue New Broker License By Increasing Paid-up Capital
9th September 2022, Kathmandu
The government has decided to issue new broker licenses by increasing the paid-up capital. The cabinet meeting held on Tuesday has opened the way for issuing licenses to...
IPO Issue Of People’s Power Hydropower Company in Nepal
9th September 2022, Kathmandu
People's Hydropower Company is going to issue IPO to the residents of the project-affected areas. The company's IPO can be applied for from the 31st Bhadra.
The company is...
NIC Asia Bank Demat Account Opening Service in Your Doorsteps
7th September 2022, Kathmandu
NIC Asia Capital is going to arrange a free service of opening a Demat account at home or office.
The service has been arranged so that the customers can...
Insurance Risk Management Assessments and Claim Payments Per the Law
7th September 2022, Kathmandu
Insurance companies are instructed to carry out risk assessments and claim payments per the law.
The insurance committee has instructed the insurers to carry out the risk assessment and...
Government to Increase the Deposit Protection from 3 Lakhs to 5 Lakhs
7th September 2022, Kathmandu
Deposit protection is the act of protecting the depositors by returning the deposit amount up to that limit if the amount kept in savings and term accounts opened...