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Nepal s economic landscape: Glimmer of hope amid uncertainties

During the last fiscal year, Nepal’s economy experienced significant fluctuations, marked by a confluence of factors affecting various sectors.

NRB takes steps to amend banking offenses act and combat money laundering

KATHMANDU, July 23: In response to the increasing instances of unprofessional activities under the guise of agitation against the banks and financial institutions, Nepal Rastra Bank (NRB) is proactively moving forward with the process to amend the Banking Offenses Act. The central bank aims to address and control such disorderly activities that have the potential to impact the stability of the financial sector.

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