Corporate News

New provision for foreign currency payments

KATHMANDU, Aug 23: Any Nepali firm, company or organization that cannot produce regulatory recommendation to get foreign exchange services to make payment for services worth above US$ 50,000 will now have to get pre-approval from Nepal Rastra Bank (NRB) before seeking services from foreign firms.

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After BFIs, insurance companies to be told to hike paid-up

KATHMANDU, Aug 10: After banks and financial institutions (BFIs), it is the insurance companies that would be required to raise their paid-up capital.

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Nepse gains 50 points, turning bullish

Impact of Monetary Policy

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Cooperative's deposits, loans up to Rs 200,000 to be protected

KATHMANDU, July 20: The government is preparing to set up 'Cooperative Saving Safety Fund' and 'Cooperative Loan Investment Safety Fund in the current fiscal year to protect deposits of general people maintained in cooperatives and loans disbursed by them.

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