Cooperative fraud victims to begin receiving repayments from mid-May
A revolving fund will prioritise small depositors first, with larger claims settled in phases as loan recoveries progress.
A revolving fund will prioritise small depositors first, with larger claims settled in phases as loan recoveries progress.
Calls for broad structural reforms to improve growth and jobs. Economist says report is routine and superficial.
A revolving fund will be used to return small depositors’ savings.
Regulatory report names five accused and several facilitators in the alleged scam involving credit trading, price manipulation, and unsettled transactions.
New documents obtained by Kantipur linked to Sudan Gurung show previously undisclosed facts and raise new questions.
With banks flush with funds but credit demand subdued, mounting excess liquidity points to deeper signs of a liquidity trap in Nepal’s economy.
Sebon also approves changes to price bands, pre-open limits and circuit breaker system.
Rising spending reflects a search for opportunity overseas, while officials lack a clear strategy to bring graduates back or strengthen education at home.
How an informal alliance between a well-connected fixer and one of Nepal's oldest business families unravelled into a Rs 3.73 billion fraud investigation.
Investigators are examining ties between the conglomerate and businessman Deepak Bhatta, raising questions over political access and transactions spanning billions of rupees.
Escalating tensions threaten remittance from Gulf countries, which account for nearly 40 percent of Nepal’s total inflows, along with jobs, trade and foreign exchange reserves.
Existing laws bar transfer of funds from private bank accounts to the state treasury.
Finance Minister Wagle outlines policy overhaul, pledges institutional reforms and accelerated growth amid fiscal challenges.
Finance Minister Swarnim Wagle outlines policy overhaul, pledges institutional reforms and accelerated growth amid fiscal challenges.
Strong foreign reserves mask deeper weaknesses as new finance minister faces pressure to revive growth, restore confidence and fix structural flaws.