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13 results for "Nepal Rastra Bank"

Nepal Registers New Payment Bill to Modernize Digital Payments and Open Door for Global Payment Providers

Nepal registers a new Payment and Settlement Bill to modernize digital payments, strengthen customer protection and allow qualified foreign payment providers to operate under Nepal Rastra Bank rules.

4 days ago

National ID Server Problem Disrupts Services Across 16 Government Agencies As Outdated System Causes Repeated Delays

A technical problem in Nepal’s National ID Management Information System has disrupted verification services across 16 government agencies, including the Department of Passports.

Aug 7

Finance Minister Swarnim Wagle Sees Need To Amend Nepal Rastra Bank Act To Make Central Bank More Proactive, Accountable And Effective

Finance Minister Swarnim Wagle has called for amendments to the Nepal Rastra Bank Act to make the central bank more proactive and accountable, while supporting a seven member board, two deputy governors and wider expert representation.

Aug 5

Government Signals Duty Review As Industries Push For Fairer Raw Material Tax

Finance Minister Dr. Swarnim Wagle has assured industrialists that the government is ready to review taxes and customs duties on raw materials and finished goods as part of a wider economic reform push.

Jul 29

One Card for Everything? Why Nepal's National Identity Card Is Becoming Essential for Digital Wallets, Public Services and Even India Travel

Nepal’s NID aims to simplify identity verification across public services, digital wallets and possible India travel. However, card delays, implementation issues and privacy concerns remain.

Jul 26

What Police Found in the Kirtipur Car-Fire Investigation

Police say evidence gathered from CCTV footage, witnesses and the scene indicates that 70-year-old businessman Suresh Chandra Shrestha died by suicide inside his car in Kirtipur on Tuesday, July 21, 2026. Investigators have reportedly found no evidence of another person’s involvement, while claims that financial difficulties contributed to his death remain part of the inquiry rather than a medically or legally confirmed motive.

Jul 22

The Story Behind Nepal's Chuchche Map And The Debate Over Nepal's New Coins

Nepal's Cabinet has approved a redesign of the Re. 1 and Rs. 2 coins, with reports that the Re. 1 coin will feature Lo Ghyakar Monastery instead of the country's map. Critics call it a sidelining of a national symbol, while officials call it a cost-driven technical update. The move has revived debate over how national identity is represented on Nepal's currency.

Jul 22

Relief for Nepali Living Abroad: NRB Relaxes National ID Rule For Bank Accounts After Public Complaints

Nepal Rastra Bank has eased the National ID rule for bank accounts, giving customers until Ashoj 2083 to self-declare their NID status and stopping banks from freezing accounts only because NID details are missing.

Jul 19

Nepal Approves Major Redesign of Re. 1 and Rs. 2 Coins

The Nepal government has cleared a proposal allowing Nepal Rastra Bank to introduce redesigned Re. 1 and Rs. 2 coins with lower weight, smaller dimensions and a stainless-steel body. The Re. 1 coin will feature Mustang’s historic Lo Gekar Monastery, while the Rs. 2 coin will continue to carry Nepal’s updated national map.

Jul 19

Prime Minister Balendra Shah Urges Nepal Rastra Bank To Introduce A Flexible Monetary Policy

During an hour long meeting, the Prime Minister called for easier lending rules, supportive interest rates, stronger investor confidence, and special financial access for women and entrepreneurs from disadvantaged regions.

Jul 17

New Re. 1 And Rs. 2 Coins Approved As Cabinet Unveils Seven Major Decisions

The Cabinet has approved the minting of newly designed Re. 1 and Rs. 2 coins, authorizing Nepal Rastra Bank to begin production, while also forming a high-level negotiation team to address the concerns of loan shark victims. Other decisions include accepting a USD 1.81 million South Korean grant for a legal information system, approving new staff structures across government agencies, and endorsing measures related to forests, contract employees and the Policy Research Institute.

Jul 16

Nepal's Economy In Mid-2026: What The Latest NRB Macroeconomic Update Really Means

Nepal Rastra Bank's latest macroeconomic report paints a picture of an economy that is financially stable but still faces long-term structural challenges. Foreign exchange reserves have reached record levels, remittances continue to grow strongly and inflation remains relatively moderate. At the same time, imports continue to outpace exports, private sector lending remains weak and government capital spending has slowed. This feature explains the latest economic indicators—including inflation, foreign exchange reserves, trade, remittances, banking, interest rates, and government finances in simple language, helping readers understand what the numbers really mean for Nepal's economy and for everyday life.

Jul 15

Nepal Rastra Bank Introduces New Rs. 500 Banknotes with Enhanced Security Features

Nepal Rastra Bank has introduced a new series of Rs. 500 banknotes featuring improved security measures, color-shifting elements, tactile marks for the visually impaired, and the signature of Governor Prof. Dr. Biswo Nath Poudel.

Jun 16