Nepal flag

time and temperature in Kathmandu: time and temperature in Kathmandu

Nepal Research : Website on Nepal and Himalayan Studies


P.O. Box 5065, Jorpati, Kathmandu, Nepal. Phone: +977-1-2142058, Fax: +977-1-4821016, E-mail: sherpaintl@enet.com.np


home            

economy agriculture banks budget business carpets currency
    economic policy employment handicrafts mountaineering privatization
    shares tax tourism trade unions wages
red line
Banks / monetary policy: press articles background archive

Press articles (used media abbreviations)


National Microfinance Policy unveiled (kp 04/07/2008)

Financial houses seal deal with NMB (ht 01/07/2008)

Bank of Asia to raise Rs 300m, interview with Parshuram Kunwar Chhetri (kp 30/06/2008)

Liquidity crunch may hit market (ht 26/06/2008)

SCB to play constructive role for New Nepal (kp 23/06/2008)

Short-term interest rates up (ht 23/06/2008)

Sebon alerts issue, sales managers (ht 17/06/2008)

BoAN in Ilam (kp 12/06/2008)

‘Barefoot banks could be a great idea’, interview with KC Chakrabarty, chairman and managing director of Punjab National Bank (PNB), a joint venture partner of Everest Bank Limited (EBL) (kp 09/06/2008), "I am quite hopeful that the new government will work for the welfare and development of the people because it is the people's own government", interview with KC Chakrabarty (nt 13/06/2008)

EBL reports 52pc rise in profits (kp 06/06/2008)

Fulbari Hotel loan rescheduled: To be repaid over 10 years (kp 04/06/2008)

NMB Bank becomes full-fledged (kp 03/06/2008), NMB becomes 25th commercial bank (ht 03/06/2008)

NRB directives to encourage genuine investors (kp 28/05/2008)

NRB directive to check IPO ‘fake (ht 28/05/2008)

NRB loosens grip on NCC bank (kp 27/05/2008)

NBL to hire CEO on individual contract (kp 27/05/2008)

'Bank promoters have not cooperated as desired', interview with Basu Deb Ram Joshi, chief executive officer of Nepal Bangladesh Bank (kp 12/05/2008)

Five institutions to merge, become commercial bank (kp 30/04/2008), Come together (kp 16/05/2008)

53rd NRB anniversary: Role of central bank increasing (ht 27/04/2008)

Bank defaulters won’t be pardoned (ht 26/04/2008)

Bank to the village (kp 23/04/2008)

Banks won't need approval for new branches any more (kp 22/04/2008)

IPO scam alerts market, calls for early regulation (ht 22/04/2008)

Citizens bank opens four branches (kp 19/04/2008)

NRB Report: Deficit Surges (sp 18/04/2008)

'Customer service will make or break a bank' (kp 14/04/2008)

Rs 6.18b budget deficit: NRB report (ht 01/04/2008)

Sunrise Bank aims 10 new branches this year, interview with Kishore Maharjan (kp 31/03/2008)

Economy has enough liquidity: NRB (kp 25/03/2008)

WB refutes media report (nn 20/03/2008)

NRB governor convicted of embezzlement, by Kiran Chapagain (kp 19/03/2008), NRB governor convicted (ht 19/03/2008), Conveying a message (ht 20/03/2008), No need to seek approval for payment: World Bank clarification (kp 21/03/2008), NRB Guv corruption case: Confusion about whether officials have been dismissed (ht 31/03/2008)

SCBNL launches secure assets (kp 18/03/2008)

Settle governor case soon: IMF (kp 14/03/2008)

'Liquidity crunch is almost over', interview with Suman Neupane, chief executive officer of Global Bank (kp 03/03/2008)

Nabil receives intl' rating (kp 26/02/2008)

Financial resources: Is there a shortage?, by Raghab D Pant (kp 14/02/2008)

Banks raise loan rates: Deposit rates go up too, by Krishna Regmi (kp 13/02/2008)

‘KPMG official was never in Nepal for RB deal’ (kp 06/02/2008)

Doha Bank seeks deeper involvement in Nepal (kp 04/02/2008)

Banks strained as staff seek greener pastures, by Krishna Regmi (kp 03/02/2008)

Imprudent loans cost provident fund Rs 210m, by Ghanashyam Ojha (kp 30/01/2008)

Incredibly RBB, by Mukunda Aryal (kp 24/01/2008), RBB earns a cool Rs 5b (kp 25/01/2008)

Days of cheap loans may end soon, by Krishna Regmi (kp 13/01/2008), ‘Days of low interest rates are ending’, interview with Anil Shah (kp)

Investors chase after ADB/N share options (kp 03/01/2008)

Hard truths about ATM hard cash, by Prabhakar Ghimire (kp 30/12/2007), Fix those ATMs (kp 31/12/2007)

Banking, a boon for consumers, by Krishna Regmi (kp 29/12/2007)

Prove KPMG letter authenticity: Court (kp 29/12/2007)

Margin lending restricted (kp 29/12/2007)

RBB's management contract to be extended by 6 months (kp 19/12/2007)

Outside managers to run RBB (kp 06/12/2007)

Bankers, Experts Say Banking Sector Most Transparent (ht 17/11/2007)

NETFOX Ltd. expands its services (nn 13/11/2007)

Nabil opens 9 branches in a day (kp 13/11/2007)

Black-listing of defaulters is constitutional (nn 09/11/2007)

NRB to bar NDB’s deposit collection (kp 08/11/2007)

Bank lending jumps 17pc (kp 03/11/2007)

City Dev Bank starts services (kp 30/10/2007)

Race to collect deposits, by Bipin Hada and Santosh Pandey (kp 25/10/2007)

Gulmi gets first local development bank (kp 19/10/2007)

Netfox launches remittance services from UK (nn 11/10/2007)

Central bank declares NDB troubled bank (kp 11/10/2007), Troubled bank (kp 12/10/2007), NDB's financial health not alarming: Pun (kp 13/10/2007)

Sunrise Bank to open on Oct 12 (kp 10/10/2007)

Kumari Bank targets Nepalese in the UK (nn 04/10/2007)

Prime Bank starts operation (kp 29/09/2007)

Email banking service launched (nn 28/09/2007)

Citizens Bank aims for top spot in excellent service, interview with Rajan Singh Bhandari (kp 17/09/2007)

Nepali bankers join hands with int'l institutions to set up an infrastructure dev bank (nn 16/09/2007), Infrastructure Development Bank to be constituted (kp 17/09/2007), Infrastructure Development Bank: Promising Venture, by Sanjaya Dhakal (sp 21/09/2007)

Bank lending jumps by 31 pc (kp 15/09/2007)

Ace Finance is now Ace Development Bank (nn 14/09/2007)

NB Bank promoters to sell 15 pc shares (kp 13/09/2007)

Squeezed interest rate’s impact, by Ganesh Regmi (kp 06/09/2007)

SC clears way for action against Pun (kp 23/08/2007)

WB, NRB agree on two-option scheme for NBL (kp 22/08/2007)

‘We will be successful in rural areas’, interview with Siddhant Raj Pandey, managing director of Ace Development Bank Ltd. (kp 20/08/2007)

IC, banks and financial policy, by Raghab D Pant (kp 14/08/2007)

Ace Finance upgrades to dev bank (kp 14/08/2007)

RBB profits Rs 1.68b (kp 13/08/2007)

NRB macroeconomic report: Salarymen, wage earners gain (kp 09/08/2007)

‘Banks smokescreening bad loans’ (kp 03/08/2007)

MoF cancels passports of 34 willful defaulters (nn 31/07/2007), Freezes fixed assets: Govt revokes passports of defaulters, by Prem Khanal (kp 31/07/2007)

Secured Transaction Act enhances access to credit (kp 30/07/2007)

FNCCI urges for full implementation Monetary Policy (nn 27/07/2007), Monetary policy not ‘export friendly’: FNCCI (kp 27/07/2007), NRB unveils monetary policy (sp 27/07/2007), WB warns govt over NBL reform (kp 28/07/2007)

ADBL aims to lend Rs 17.4b (kp 26/07/2007)

Inflation target unrealistic: NCC (kp 26/07/2007)

Finance Ministry wants case against NRB governor settled soon (nn 25/07/2007)

New monetary policy focuses on deprived class (kp 24/07/2007)

ICCMT terminates Nepal Bank contract, by Prem Khanal (kp 22/07/2007), Foreign management team ends its NBL contract; NRB starts consultations (nn 23/07/2007)

Nepal Bank’s management contract extended (nn 20/07/2007)

Private sector advise NRB to bring out flexible monetary policy (nn 19/07/2007), NRB urged to take concrete monetary steps (kp 19/07/2007)

Monetary policy and CIAA, by Raghab D Pant (kp 10/07/2007)

Preserving financial stability, by Gunakar Bhatta (kp 03/07/2007)

CIAA files case against NRB governor, executive director (nn 29/06/2007), CIAA files case in Rs 24.54m scam: NRB governor suspended (kp 30/06/2007), Central bank guv suspended for graft (samn 30/06/2007), Nepal's central bank governor suspended after graft investigation launched (iht 30/06/2007), CIAA action against governor adversely affects financial reforms, says FM (nn 30/06/2007), Governor refutes CIAA charges, by Prem Khanal (kp 01/07/2007), Governor Bhattarai refutes CIAA charges (samn 01/07/2007), WB hopes for professional investigation in NRB Governor's case (nn 01/07/2007), NRB officials protest CIAA action against Governor Bhattarai (nn 01/07/2007), WB concerned about CIAA charges (kp 02/07/2007), Court starts hearing NRB governor's case (samn 02/07/2007), Special Court gives 15 days to Bhattarai to appear at hearing; Pradhan freed on bail (nn 02/07/2007), CIAA vs Central Bank, by Narayan Manandhar (kp 04/07/2007), IMF concerned over corruption charge (kp 05/07/2007), Suspended NRB Governor taken into custody (nn 05/07/2007), Bhattarai in police custody (kp 06/07/2007), NRB Governor case: KPMG consultants did come to Nepal, by Krishna Regmi (kp 06/07/2007), Governance and the governor (nt 06/07/2007, originally in Abhiyan, 2-8 July)

‘Lot needs to be done to ameliorate RBB, NBL’ (kp 28/06/2007)

Court bars NRB move against Pun, by Krishna Regmi (kp 26/06/2007)

Deposit collection soars by 10 pc (kp 23/06/2007)

Laxmi Bank ventures into Visa card (samn 22/06/2007)

Parliament asked to investigate loan defaulters (kp 21/06/2007)

Peace has improved working environment, interview with Jhapat Vohra is the Chairman and Managing Director of Malika Development Bank (kp 11/06/2007)

Nepal's forex reserve hits Rs 171 billion (kp 09/06/2007)

ADBL seeks to reduce non-performing loans (kp 08/06/2007)

Crowded city pushes banks to rural areas, by Krishna Regmi (kp 02/06/2007), Financial institutions popular in Pokhra (samn 03/06/2007)

ADB-N's financial cracks another time bomb: Governor (kp 30/05/2007)

IFC partners with BoK on Trade Finance and SME Development (nn 22/05/2007)

Global Bank aims to tap rural market (kp 21/05/2007)

NIC joins IFC's Global Trade Finance Program (nn 09/05/2007)

Mundul is moolah moghul among bank CEOs, by Prem Khanal (kp 05/05/2007)

Citizens Bank Int'l focuses on innovative banking (kp 30/04/2007)

NRB to upgrade AFCL (samn 30/04/2007)

Employees demand reform in NRB (nn 28/04/2007), Employees stress NRB reform (kp 28/04/2007)

Nepal Rastra Bank enters 52nd year (samn 28/04/2007)

New BAFIA in the offing to facilitate M&A, says deputy governor (nn 26/04/2007)

Laxmi Bank’s ninth branch in Pokhara (samn 26/04/2007)

Citizens Bank begins operations (kp 21/04/2007)

BoK to enter rural areas (kp 18/04/2007), BoK's projects 20 pc increase of profit; gives priority to small investors (nn 18/04/2007)

'No new financial institutions this fiscal year' (kp 12/04/2007)

NRB adopts new policy (samn 12/04/2007)

NIC Bank unveils easy loan scheme (samn 12/04/2007)

NCC Bank to raise paid-up capital (kp 08/04/2007)

Laxmi Bank completes five years (samn 02/04/2007)

No new banks (kp 31/03/2007)

Paid-up capital for banks doubled, by Prem Khanal (kp 30/03/2007)

Few Nepalis have access to formal financial institutions, says WB report (nn 19/03/2007), 'Access to financial services declining' (kp 20/03/2007), 'Banks' red tape keeps consumers away' (samn 20/03/2007), Poor Access: The limited and poor access of people to formal financial institutions could hurt country’s efforts to reduce poverty (sp 23/03/2007)

'Check capital flight with monetary measures' (kp 15/03/2007)

Ace Finance to become development bank (kp 14/03/2007)

Sanima to focus on micro-credit, interview with Badri Prasad Ojha, executive chairman of Sanima Development Bank Limited (kp 12/03/2007)

New team takes over NB Bank mgmt (kp 10/03/2007)

‘Reduce financial intermediation cost’ (kp 09/03/2007)

Everest Bank opens twentieth branch (kp 08/03/2007)

Conflict hits ADB activities hard: study (samn 03/03/2007)

Deposits in banks touch Rs 300b mark (kp 02/03/2007)

Laxmi Bank: Remit Service (sp 02/03/2007)

NRB to control NBL for two more years (kp 01/03/2007)

Lumbini Bank performance improves (kp 01/03/2007)

80 wilful defaulters blacklisted (samn 27/02/2007)

Kumari Bank aims to be among top 5 banks, interview with Surender Bhandari, chief executive officer of Kumari Bank (kp 26/02/2007)

Rural Dev Bank on verge of closure (samn 26/02/2007)

No public funds to banks with low capital adequacy (kp 25/02/2007), Capital adequacy (kp 26/02/2007)

Govt appoints two professors to NRB board (kp 23/02/2007)

Midterm review of monetary Policy (kp 22/02/2007)

Government seizes bank defaulters' passports: Report (nn 18/02/2007), Govt seizes bank defaulters’ passports, by Prem Khanal (kp 18/02/2007), Defaulters and financial discipline, by Prem Khanal (kp 19/02/2007), Operation Starts: After months of inaction, the government finally wakes up to take action against willful defaulters (sp 23/02/2007)

Soaring margin lending raises risk for banks, by Krishna Regmi (kp 17/02/2007)

Laxmi Bank announces online remittance service (nn 14/02/2007)

Consumer Finance: New Art of Living (kp 11/02/2007), Banks have become innovative (kp 11/02/2007), Accelerating auto loans (kp 11/02/2007), Risk is low in consumer lending (kp 11/02/2007), Stan Chart: Pioneer in retail lending (kp 11/02/2007), Reforms bring boon for consumers (kp 11/02/2007), Consumer financing makes up 60 pc of our business (kp 11/02/2007), Consumer Banking: Nabil (kp 11/02/2007), A home no more a distant dream (kp 11/02/2007), Consumer lending promises better yield (kp 11/02/2007)

‘We are glad to serve the nation’ (kp 05/02/2007)

DCBL's first half profit jumps 25pc (kp 05/02/2007)

Banks asked to enter rural areas (kp 24/01/2007)

Country needs more development banks, interview with Bhola Nath Chalise, chairman of Rastriya Banijya Bank (kp 22/01/2007), ‘RBB: A bank of opportunity’, interview with Bruce F Henderson, chief executive officer of Rastriya Banijya Bank (kp 22/01/2007), RBB is getting ready for privatisation (samn 24/01/2007)

ADBL to issue shares this year (kp 20/01/2007)

EBL opens 19th branch in Nepalgunj (kp 16/01/2007)

Central bank to withdraw stake from PGBB (samn 16/01/2007)

Bankers urged to be responsible (kp 16/01/2007)

‘Global Bank will offer the best service’ (kp 15/01/2007)

Himalayan Bank increases deposits (samn 13/01/2007)

NB Bank recovers Rs 656m NPL (kp 12/01/2007), NB Bank's recovery on track: NRB (samn 12/01/2007)

NMBFL profit jumps to Rs 36.49 million (samn 06/01/2007)

RBB disposes collateral at loss, by Binod Bhandari (kp 02/01/2007)

PAC asks to formulate action plan for recovering bad loans (nn 01/01/2007), Banks directed to recover bad loans (samn 01/01/2007)

DCBL to upgrade into a commercial bank (kp 31/12/2006)

NRB seeks details of defaulters from banks (kp 29/12/2006)

Nepal bank vows better remittance facility, by Santhosh V Perumal (Gulf Times 26/12/2006)

Loan defaulters (kp 25/12/2006)

PNB ties up with Everest Bank of Nepal (samn 24/12/2006)

Workshop on credit management kicks off (samn 24/12/2006)

Maoists to take steps to recover loans (samn 23/12/2006)

Fresh bidding for NB Bank mgmt (kp 22/12/2006)

Banks’ liquid fund stands at Rs 65b (samn 22/12/2006)

Write-offs behind fall in bad loans (samn 21/12/2006), Government to seize passports of bank defaulters (nn), Bank defaulter passports to be seized
No fixed asset transfers
, by Prem Khanal (kp 22/12/2006)

Agricultural Bank to cut 400 jobs (samn 21/12/2006)

United Bank ‘troubled’ (kp 20/12/2006)

“Private banks drive the economy”, interview with Jaspal Singh Jass, Everest Bank’s new Executive Director (nt 15/12/2006)

Small debtors pay up, big ones stall (samn 15/12/2006), Signature campaign against loan defaulters (nn 18/12/2006)

Laxmi Bank opens another branch in Teku (nn 07/12/2006), Laxmi Bank concludes sixth AGM, operating profit jumps by 50 percent (nn 08/12/2006)

‘Banking sector primed to boom’ (samn 07/12/2006)

Everest Bank bags 'Bank of the Year 2006' award (nn 05/12/2006), Everest Bank declared the ‘best bank’ (kp 05/12/2006)

‘Take stern action against defaulters’ (kp 03/12/2006)

Banks to sell insurance products (samn 02/12/2006)

NRB committee to punish errant bank officials (kp 30/11/2006)

Punish defaulters before loan talks: WB (kp 24/11/2006), Long overdue: The fight against defaulters has only just begun, by Sophia Tamot (nt 24/11/2006)

‘NRB's regulatory role eroded’ (kp 17/11/2006)

‘A card for every Nepali’, interview with Rabindra Malla, Managing Director and CEO of Smart Choice Technology (nt 17/11/2006)

NIBL earns Rs 350m (kp 15/11/2006)

Banks remain days away (samn 11/11/2006)

Patan Appellate Court orders NRB to stop action against NBBL (nn 09/11/2006), Central Bank to intervene: Run on NB Bank, by Krishna Regmi (kp 11/11/2006), NBB decides to handover management to NRB (nn 12/11/2006), NB Bank gives in to central bank (kp 12/11/2006), NRB formally takes over management of NBB (nn 13/11/2006), NRB takes over NB Bank ‘Deposits safe’ (kp 13/11/2006), Situation calm at NB Bank (kp 14/11/2006), Keeping money clean: Why the run on Nepal Bangladesh Bank happened, by Bharat Upreti (nt 17/11/2006)

Ace Finance inaugurates its new office (nn 09/11/2006)

ADB assistance to overhaul ADB/N (kp 08/11/2006), Agro bank opts for aggressive reforms (samn 08/11/2006)

HBL to announce next millionaire (kp 07/11/2006)

Govt. committed to take legal action against defaulters: Dr. Mahat (nn 02/11/2006), 'Action underway against big defaulters' (samn 02/11/2006), ‘Take action against defaulters’ (kp 03/11/2006), Banks seek action against big defaulters (samn 03/11/2006)

Postal savings popular (samn 29/10/2006)

“It all comes down to service”, interview with Bhai Kajee Shrestha, CEO, Machhapuchchhre Bank (nt 27/10/2006)

Laxmi Bank's IT rated ‘highly secure’ (kp 27/10/2006)

Bank to auction royal minister's land (kp 27/10/2006)

NRB writes to government to take action against willful defaulters (nn 18/10/2006),  Take a strong action against bank defaulters: Gautam (nn 20/10/2006), ‘Take a strong stand against defaulters’ (kp 20/10/2006)

Laxmi Bank to function as life insurance agent (kp 17/10/2006),  Bancassurance to expand bank operations (samn 17/10/2006)

Parliamentary FC directs NRB to take action against willful defaulters (nn 16/10/2006), Take action against defaulters: FC to govt (kp 16/10/2006)

Banks staggering to provide new notes (samn 01/10/2006)

Client base of rural banks up by 17 pc (kp 22/09/2006)

Get tougher with defaulters: WB to govt, by Prem Khanal (kp 17/09/2006), Fulfill pledge for concession credit: WB (kp 18/09/2006), Defaulters cold shoulder govt offer, by Milan Mani Sharma (kp 18/09/2006)

Streamlining The Microfinance Industry, by Shiv Ram Koirala (rn 16/09/2006)

Performance of Govt-run RDBs dismal (kp 14/09/2006)

If extortion continues, bank branches may shut down: NBA chief (nn 13/09/2006)

WB chief wants action against bank defaulters (nn 13/09/2006), Address defaulter issue to justify market economy (kp 13/09/2006), A challenge for bankers, a test for SPA (kp 13/09/2006)

Loan blows Make it easy to lose all and start again, by Ashutosh Tiwari (nt 08/09/2006)

Defaulters jeopardizing reforms, by Shankar Sharma (kp 08/09/2006)

Bank deposits show growing trend (kp 07/09/2006)

A litmus test for local banks, by Santosh Pandey (kp 26/08/2006)

Arrest warrants issued against NCSIDB officials (kp 23/08/2006)

56 RBB branches automated (kp 22/08/2006)

DCBL plans to issue bonus shares (kp 19/08/2006)

NRB asked to disclose list of willful loan defaulters; 53 defaulters yet to pay Rs 15.2 b (nn 15/08/2006), 53 business groups default over 350 mln USD with banks in Nepal (pd 16/08/2006), 53 groups default Rs 25b with banks, by Prem Khanal (kp 16/08/2006), Willful defaulters (kp 17/08/2006), Penalizing Defaulters (kp 19/08/2006)

NRB to declare NCSIDB a ‘troubled bank’, by Prem Khanal (kp 11/08/2006), NRB postpones decision on NCSIDB (kp 12/08/2006), NRB declares NCSIDB a 'troubled bank', by Prem Khanal (kp 16/08/2006)

Royalists top list of defaulters, by Shankar Kharel (kp 09/08/2006)

Measures against defaulters ineffective (kp 07/08/2006)

Laxmi Bank receives 'Best Presented Accounts 2004/05' award (nn 02/08/2006)

Central bank's profit stands at Rs 2.01b (kp 29/07/2006)

Foreigners can own 85 pc bank equity (kp 28/07/2006)

Professional banking course on offer (samn 26/07/2006)

Bounced checks may get you blacklisted (kp 24/07/2006)

Monetary policy to mop up excess liquidity (kp 23/07/2006)

Banks' liquidity up by 8.6 pc (kp 18/07/2006)

NabilOnline launched (samn 15/07/2006)

ERDB employees continue protest (kp 11/07/2006)

Govt to act against wilful defaulters (kp 10/07/2006), Warning for defaulters in Nepal (BBC News 17/07/2006), Governor lambasts loan defaulters (kp 18/07/2006)

Commercial banks' profit plummets, by Krishna Regmi (kp 09/07/2006)

Loan recovery: Two per cent too little (samn 07/07/2006)

Foreign currency reserve touches Rs 151b (kp 28/06/2006)

NRB not to accept HMG stamped checks (kp 27/06/2006)