Banking News
Himalayan Bank Partners with UnionPay to Launch Historic RMB Card
Himalayan Bank Limited (HBL), in partnership with UnionPay International, has introduced the UnionPay RMB Card, enabling Nepali travelers, students, and entrepreneurs to execute direct transactions in Chinese Yuan across China.
4 months ago
Sudesh Khaling’s Strategic Overhaul of Everest Bank’s Legacy Architecture
Under the pioneering leadership of its first Nepali CEO, Sudesh Khaling, Everest Bank (EBL) has successfully transitioned from a rigid, bureaucratic institution into an aggressive, digitally advanced market leader, registering a remarkably low NPL of 0.61% and a distributable profit exceeding Rs 4.04 billion in Q3.
4 months ago
Muktinath Bikas Bank Unveils App-Based Mobile Banking ‘Self-Renew’ Feature
Muktinath Bikas Bank upgrades its "Faida App," allowing users to instantly reactivate expired digital banking services and update personal NID or PAN credentials from the comfort of their homes.
4 months ago
Muktinath Bikas Bank Introduces One-Click App Renewal
Muktinath Bikas Bank (MNBBL) has upgraded its 'Muktinath Fada App' with a new self-renewal feature, allowing users to instantly renew their mobile banking services and update vital personal details like NID, PAN, and email directly from home.
4 months ago
Sanima Reliance Life Insurance Introduces Special Grace Period Revival Campaign
Sanima Reliance Life is offering a 100% late fee waiver from Jestha 11 to 31 to help customers revive lapsed policies.
4 months ago
NRB Directs Banks to Launch Mandatory Disability-Friendly and Inclusive Services
Central bank mandates dedicated counters, accessible apps, tactile cards, and Braille-equipped ATMs for people with disabilities across Nepal.
5 months ago
SME Credit Boost: Inside RBB's New Risk-Free Lending Model for Koshi Province
Rastriya Banijya Bank eliminates corporate loan friction by introducing an international, multi-agency portfolio protection scheme to fund local businesses safely. Here are the key numbers and operational facts.
5 months ago
Banking on Boundaries: Central Bank Outlaws Forced Overtime in Financial Sector
Nepal Rastra Bank (NRB) has issued a strict amendment to its unified directives, prohibiting banks and financial institutions from forcing employees to work overtime and mandating official financial compensation for extra hours worked.
5 months ago
Capital Market Update: Sanima Bank’s Rs 2 Arba Preference Shares Listed on NEPSE for Exclusive Institutional Trading
Sanima Bank has listed 2 crore units of perpetual non-cumulative preference shares on NEPSE, with trading starting tomorrow.
5 months ago
Muktinath Bikas Bank Opens Massive 1.56 Lakh Unit Promoter Share Auction to the General Public
Muktinath Bikas Bank is auctioning 156,283 units of promoter shares from Jestha 7 to Jestha 14 at Rs 100 base price.
5 months ago
Monetary Intervention: Central Bank Initiates Rs 30 Billion Liquidity Mopping Operation
Nepal Rastra Bank is deploying a 91-day deposit collection instrument today to absorb Rs 30 billion in excess liquidity from the financial sector.
5 months ago
Nabil Bank Integrates SIP Services Directly Into "nBank" App
Nabil Bank Limited has expanded its digital banking platform, "nBank," by introducing an integrated Systematic Investment Plan (SIP) service in partnership with Nabil Investment Banking Limited. This new, fee-free feature allows users- including Nepalese citizens living abroad—to register for SIPs and automate installment payments digitally via the app's homepage, advancing the bank's digital transformation goals.
5 months ago