Garima Bikas Bank Newroad Branch Literacy Program: Nepalaya School/Collage

Bankingkhabar/ Financial literacy conducted by Garima Bikas Bank Limited Newroad Branch Kathmandu at Nepalaya School/Collage Kalanki, Kathmandu On presence of Kamalpokhari Regional Head Daya Raj Aryal, Branch Manager Jeewan Tiwari with Kiran Subedi and Bibek Thapa Magar On occasion of Global Money Week . No of student presence is around 100 students of 10+2 And


banking challenges in nepal

Madan shrestha The banking sector is currently going through a challenging period in its history. Banks and financial institutions continue to fall unexpectedly. Investors in the banking sector are gradually trying to exit in search of safer investment areas. Various problems are increasing in the banking sectors due to the increased costs, reduction in profit,


Norway is always ahead in the best banking: This is the banking system of Norway

 banking khabar / Norway’s banking system is recognized for its stability and robustness. Here are some key data points and factors supporting this view: Capital Buffers and Resilience: Norwegian banks maintain solid capital buffers that allow them to weather economic downturns. According to stress tests conducted by Norges Bank, these banks can continue to lend


Banks Credit Rises in October

Banking Khabar/ In October, the credit flow of commercial banks in Nepal saw a significant increase. According to the Nepal Rastra Bank, credit disbursements grew by NPR 56.3 billion during the month. In September, credit flow had risen by approximately NPR 53 billion, and with the additional NPR 56.3 billion in October, total lending by


Improvement in Banks’ Lending Capacity

Banking Khabar/ The lending capacity of banks has gradually improved as the pressure on their capital adequacy ratio (CAR) has eased. The annual report of Nepal Rastra Bank for fiscal year 2080/81 highlights that banks are now in a more comfortable position regarding loan disbursement. About six months ago, more than half a dozen banks


Increase in Personal Bank Savings

Banking Khabar/ Personal savings in banks and financial institutions have surged by nearly NPR 500 billion. According to data from Nepal Rastra Bank, personal savings and deposits grew by NPR 480.32 billion in the fiscal year 2080/081. In addition to individuals, various companies, government bodies, and funds deposit their savings in banks and financial institutions.


Leadership of SARFI Handed Over to Nepal Rastra Bank

Banking Khabar/ The leadership of the South Asian Regional Financial Inclusion Initiative (SARFI) has been transferred to Nepal Rastra Bank. With this transfer, Governor Maha Prasad Adhikari of the bank has been selected as the new chairperson of SARFI. The handover took place during the ongoing “Alliance for Financial Inclusion (AFI) Global Policy Forum” held


Business Contraction in Eight Commercial Banks

Banking Khabar/ In the first month (Shrawan) of the current fiscal year 2081/82, the business of eight out of the 20 commercial banks contracted. Banks such as Himalayan Bank, Laxmi Sunrise Bank, Nepal Bank Limited, NIC Asia Bank, among others, saw a reduction in their business activities. Similarly, Prabhu Bank, Rastriya Banijya Bank, and Agricultural


Most Banks Maintain CCAR Above 9%

Banking Khabar/ Most commercial banks in Nepal have maintained a CCAR of above 9%. According to the recently published Financial Indicators Report by Nepal Rastra Bank (NRB), 18 commercial banks operating in the country by the end of the last fiscal year have the capacity to distribute dividends. However, two commercial banks have a capital


No New Notes This Dashain

Banking Khabar/ There will be no issuance of new banknotes for this year’s Dashain festival. Unlike previous years, the Nepal Rastra Bank (NRB) has decided to circulate only clean, previously issued notes instead of printing and distributing new ones. In past years, the central bank would print and store new banknotes three to four months