Nepali banking sector

Business | Finance | Economy

Nepal’s Bank Deposits Surge, Loans Decline

May 21, 2024

Nepal’s banking sector has witnessed a notable shift in financial dynamics, according to the latest statistics released by the Nepal Bankers’ Association. While bank deposits have surged by a staggering Rs 26 billion in the month of Baisakh (April/May) of the current fiscal year, bank loans have contracted by Rs 15.19 billion during the same […]

NEPSE NEWS & Articles

NEPSE Rises Slightly, Hotels Lead the Surge

May 9, 2024

In the latest trading session on Thursday, NEPSE, the Nepali stock market index, saw a modest rise of 5.63 points (0.28 per cent) compared to the previous day, closing at 1966 points. The positive momentum was driven by gains in various sectors, particularly the hotel and tourism group. The market witnessed fluctuations with 115 companies […]