Guna Group Chairman Rajendra Shakya arrested in major banking fraud case linked to Prabhu Bank

Kathmandu: Rajendra Shakya, chairman of the Guna Group and operator of Guna Airlines, has been

Kulman Ghising’s crackdown on stalled projects pushes banks deeper into crisis

Kathmandu: Nepal government’s decision to terminate hundreds of long-delayed infrastructure contracts is delivering a fresh

Nepal Rastra Bank set to overhaul controversial directed lending rules

Kathmandu: Nepal Rastra Bank (NRB), the country’s central bank, is preparing a major review of

Controversial medical entrepreneur Durga Prasai’s group sends extortion letters to banks and schools

Kathmandu: The “National Sovereignty, Nationality, Religion, Culture and Citizens’ Rescue Mega Campaign Nepal” – a

Businesses suffer Rs 37 billion loss in Gen-Z protests; government and Central Bank announce relief package

Kathmandu: The violent incidents during the Gen-Z Movement on September 8 and 9 resulted in

Nepal’s banks hold over Rs 50 billion in non-banking assets amid rising bad loans

Kathmandu: The non-banking assets (NBAs) of banks in Nepal have exceeded Rs 50 billion. Over

Deposit interest rate drop leads savers to abandon fixed deposits in banks

Kathmandu: With the fall in deposit interest rates, savers have stopped keeping money in fixed

Gen Z movement has proved that economic development is essential for stability: Pawan Golyan

Kathmandu: When tens of thousands of young Nepalis took to the streets in what came

Nepal receives less than one-third of committed foreign direct investment

Kathmandu: Nepal has been receiving less than one-third of committed Foreign Direct Investment (FDI). Even

Banks across Nepal shut down amid threats and violence; vaults remain secure

Kathmandu: All banks across Nepal remained closed on Wednesday following violent protests and threats to