bank
Nepal Rastra Bank Paves Path for Digital Wallet Mergers
Nepal Rastra Bank (NRB) has amended the Payment and Settlement Bylaw, 2077 to allow digital wallets to merge. The amendment was made in order to promote consolidation and rationalization of the digital payment industry in Nepal. Under the new amendment, organizations that have received a license to perform payment activities can merge or acquire each […]
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Electric Vehicle (EV) Sales in Nepal in Rise
The surge in gasoline prices has become a catalyst for the remarkable growth of electric vehicles (EVs) in Nepal’s market. Despite the recent decline in fuel prices, EVs continue to gain popularity and market share in the country. Among the EV models capturing significant attention is the Tata Nexon EV, regarded as a major attraction […]
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Bank Holidays in Nepal 2080
Nepal Rastra Bank, the central bank of Nepal, recently released the annual bank holiday schedule for the period of 2080 BS (April 14, 2023-April 12, 2024). This announcement by NRB follows the government’s decision to allow certain essential service-providing institutions, such as banks, to operate on certain public holidays declared by the government. The NRB […]
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