The remittance inflow through banking channels hits Rs136.97 billion in the mid-September to mid-October period, largely attributed to Nepal’s festive season.
KATHMANDU, Nov 5: Three transmission lines connecting Nepal to India are under construction at the same time. Among the three international transmission lines, the work of the Dhalkebar-Sitamarhi 400 KV capacity international transmission line of the Arun-III hydropower project is currently underway, while the construction of the other two transmission lines has also begun.
KATHMANDU, Nov 3: The Agricultural Development Bank has surpassed the prescribed limit of non-performing loans (NPLs) of 5 percent. As per the financial statement for the first quarter of the current fiscal year released by the bank, the NPLs have reached 5.33 percent of the total loans.
KATHMANDU, Nov 1: Finance Minister Dr Prakash Sharan Mahat has said Nepal requires sufficient financial resources for its economic development and transformation.