Stories Tagged 'Nepal rastra bank'
Nepal Rastra Bank (NRB) on Sunday issued a Letter of Intent (LoI) to Emerging Nepal to establish Infrastructure Development Bank (IDB) which will focus on financing mega infrastructure projects.full story »
Nepal Rastra Bank (NRB), the central monetary authority of the country has initiated an exercise to establish a ‘hedging’ fund in order to address the foreign exchange risk that comes along with foreign direct investment (FDI) in public infrastructure project. full story »
The Nepal Rastra Bank on Sunday directed banks and financial institutions to freeze the bank accounts of various transport entrepreneurs who protested in favour of transport syndicates.full story »
The Nepal Rastra Bank (NRB), the central monetary authority, has introduced a new directive on electronic transaction, which bars credit cardholders from withdrawing more than 25 percent of credit limit in cash. At present, credit card users can exhaust the entire credit line by withdrawing cash.full story »
The Nepal Rastra Bank (NRB) has allowed commercial banks to borrow funds equivalent to up to 25 percent of their core capital from foreign financial institutions. full story »
Nepal Rastra Bank Deputy Governor Chintamani Shiwakoti on Saturday expressed optimism that Prime Minister KP Sharma Oli’s India state visit would resolve the 17-month long issue of exchanging banned Indian currency with valid legal tender.full story »