bank
Nepal’s Bank Deposits Surge, Loans Decline
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 […]
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Citizens Bank Launches Fonepay Credit Card, Revolutionizing Digital Payments
Citizens Bank unveiled the much-anticipated Fonepay Credit Card on Tuesday, marking a significant milestone in Nepal’s digital payment landscape. The introduction of this pioneering card by Nepal’s largest payment network, Fonepay, sets a new standard in customer convenience and payment innovation. The Fonepay Credit Card, announced in a statement by Fonepay, is now officially available […]
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World Bank to Lead Funding for 1,063 MW Upper Arun Hydropower Project in Nepal
In a significant development, the World Bank has agreed “in principle” to spearhead the financing efforts for the ambitious 1,063 MW Upper Arun hydropower project in Sankhuwasabha, Nepal, announced the Finance Ministry on Friday. The Upper Arun project, situated along the Arun River in eastern Nepal, is projected to require an investment of $1.71 billion. […]
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Nepal Finance Minister Advocates for Increased World Bank Support in Washington Meeting
Nepal’s Finance Minister, Barsa Man Pun, recently met with Akihiko (Aki) Nishio, Vice President of Development Finance, and Guangzhe Chen, Vice President for Infrastructure, at the World Bank in Washington. During the meeting, Minister Pun expressed gratitude to Vice Chairman Akihiko (Aki) Nishio for agreeing to host the 21st meeting of the International Development Association […]
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Nepal Rastra Bank Proposes QR Code Payment Limits for Indian Transactions
A recent proposal by Nepal’s central bank suggests imposing limits on payments made via Quick Response (QR) codes for Nepali nationals in India, aiming to enhance financial transparency and security. The panel suggests capping monthly QR code payments at IRs 100,000 (Rs160,000), except for transactions at specific locations like hotels, hospitals, and medicine shops, where […]
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Which bank in Nepal offer best prepaid dollar card with justifiable fee??
most bank charges everytime we topup which is outrageously expensive if you are frequent user and as someone who is constantly recharging my card i want to know options that are super cheap and get the job done, i’ve looked at some old threads but most of them are incorrect when doublechecking with the bank […]
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Open saving bank account online without visiting bank
Currently I am in India and my previous bank account is block and I need a saving bank account. Which bank has online bank account and demat account also opening service which is completely online so that I don’t need to visit bank. View on r/Nepal by ashish-kamat
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Can bank refuse to accept small notes stack??
Today I had to deposit some amount in a reputed A grade bank, NPR 6 laks to be exact. And out of these I had 2.5 lakhs in 100s stack. They outright refused to accept those notes claiming they cannot transfer it to central bank, their workflow would be delayed and their counting machine cannot […]
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Help me find a bank to open account.
So I will start getting some big bucks from US starting next week on a monthly basis. I need to find a bank that will give me the least trouble for the same. Nabil, Kumari and NIC Asia are already out. I have heard that the bank people start troubling us as soon as they […]
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Opening bank account in India as a student
I came to study in india two months ago. As i was below 18 until yesterday I didn’t consider about banking services as i had other things to do and nepal sbi bank’s atm card(father’s acc) was doing it’s job so money issue was solved. I went to two banks that are inside my university […]
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