ECONOMY
NRB to refund depositors up to Rs 500,000 using cooperatives’ assets as collateral
NRB to refund depositors up to Rs 500,000 using cooperatives...
KATHMANDU, July 26: The Nepal Rastra Bank (NRB) has introduced a new policy to safeguard depositors, announcing that it will return up to Rs 500,000 to individuals using the assets of cooperatives’ operators and their family members as collateral.
Jul 26, 2024
POLITICS
Lawmakers hand memo to PM Oli, demanding establishment of NRA project office in Jajarkot
Lawmakers hand memo to PM Oli, demanding establishment of NR...
KATHMANDU, July 26: Lawmakers have submitted a memorandum to Prime Minister KP Sharma Oli, drawing his attention towards the issue of Jajarkot earthquake-affected people not getting the grant amount for building temporary shelters.
Jul 26, 2024
SOCIETY
Gaushala 26 opts not to appeal against Sandeep Lamichhane's acquittal by Patan High Court
Gaushala 26 opts not to appeal against Sandeep Lamichhane's...
KATHMANDU, July 26: The complainant in the high-profile rape case against cricketer Sandeep Lamichhane, identified as Gaushala 26, has decided not to appeal against the Patan High Court's decision to acquit Lamichhane.
Jul 26, 2024
ECONOMY
Parties agree in principle on TRC bill, to finalize it after stakeholder consultation
Parties agree in principle on TRC bill, to finalize it after...
KATHMANDU, July 26: A meeting of the transitional justice mechanism concluded today, marking a significant step towards finalizing the TRC Bill. The discussion took place at the Ministry of Home Affairs in Singha Durbar on Friday morning, focusing on reaching a consensus regarding the bill.
Jul 26, 2024
ECONOMY
Gyawali appointed as independent woman director and Regmi as CEO of Global IME bank
Gyawali appointed as independent woman director and Regmi as...
KATHMANDU, July 24: Bhagirathi Bhattarai Gyawali has been appointed as the independent woman director and Surendra Raj Regmi as the chief executive officer (CEO) of Global IME Bank.
Jul 26, 2024
POLITICS
EU envoy pays courtesy call on Foreign Minister Deuba
EU envoy pays courtesy call on Foreign Minister Deuba
KATHMANDU, July 26: European Union (EU) Ambassador to Nepal, Veronique Lorenzo, paid a courtesy call on the Minister for Foreign Affairs, Dr Arzu Rana Deuba on Friday.
Jul 26, 2024
POLITICS
Dr Yadav appointed Madhesh Province Public Service Commission Chairman
Dr Yadav appointed Madhesh Province Public Service Commissio...
JANAKPURDHAM, July 26: Dr Shivaram Yadav has been appointed the chairman of the Madhesh Province Public Service Commission.
Jul 26, 2024
ECONOMY
Construction entrepreneurs can pay interest on loans by November 2024
Construction entrepreneurs can pay interest on loans by Nove...
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has extended the deadline for the payment of principal and interest on loans disbursed to construction entrepreneurs till November 2024.
Jul 26, 2024
ECONOMY
Monetary Policy 2024/2025: NRB lowers bank rate and deposit collection rates
Monetary Policy 2024/2025: NRB lowers bank rate and deposit...
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for fiscal year 2024/2025. The NRB has lowered the bank rate and the deposit collection rate through the new monetary policy.
Jul 26, 2024
ECONOMY
Rs 200 million limit on share mortgage loans abolished
Rs 200 million limit on share mortgage loans abolished
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has introduced flexibility in share mortgage loans by abolishing the previous Rs 200 million limit. Governor Maha Prasad Adhikari announced this change as part of the new monetary policy on Friday.
Jul 26, 2024