Financial institutions
Nepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate
The Public Debt Management Office (PDMO), operating under the Ministry of Finance, has unveiled the Foreign Employment Saving Bond 2086, offering a lucrative 9% interest rate. With the aim of attracting Nepali migrant workers and returning citizens, this bond initiative targets to raise Rs. 1 billion with a maturity period of five years. Catering specifically […]
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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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