Banks have excess cash, poor Nepalis can't borrow it

Kathmandu/rautahat, July 19 -- When Sehara Khatun needed Rs150,000 to cover her household expenses, the only person willing to lend her money was a local moneylender. Seven years later, the 40-year-o... Read More

Nepal's development spending short of even half of annual allocation

Kathmandu, July 17 -- The government has fallen far short of its development spending target, underscoring a persistent problem that has slowed infrastructure expansion and weakened the impact of publ... Read More

Banks sit on Rs1.56 trillion in excess liquidity as weak credit demand persists

Kathmandu, July 16 -- With just a week remaining in the current fiscal year as of July 10, banks and financial institutions are sitting on Rs1.56 trillion in lendable funds, reflecting a persistent su... Read More

Political reset fails to lift Nepal's stock market

Kathmandu, July 13 -- For Nepal's stock market investors, the installation of a new government was expected to usher in a new era of confidence. A government led by the Rastriya Swatantra Party (RSP)... Read More

PM looks to private sector to lift economy

Kathmandu, July 9 -- Prime Minister Balendra Shah has begun formal consultations with the private sector after completing the first 100 days in office, signalling a shift towards broader engagement wi... Read More

Seven sectors shrink in third quarter, dimming hopes of economic rebound

Kathmandu, July 7 -- The National Statistics Office says weak government spending, sluggish production and lower imports of machinery and construction materials have slowed economic activity, with ann... Read More

Three credit booms in three decades ended in economic downturn

Kathmandu, July 6 -- Over the last three decades, Nepal's financial landscape has been severely rattled by three distinct episodes of unnatural loan expansion, popularly known as 'credit booms'. Acco... Read More

In 100 days, finance minister unable to give fillip to the economy, restore private sector confidence

Kathmandu, July 4 -- Finance Minister Swarnim Wagle took office on March 27, 2026, pledging to prioritise economic reform, create a more business-friendly environment and pursue legal and regulatory c... Read More

Priority lending is dragging down Nepali banks into huge bad debt

Kathmandu, July 3 -- Loans extended by banks and financial institutions to sectors where the Nepal Rastra Bank (NRB) requires mandatory lending have emerged as some of the biggest sources of non-perfo... Read More

Ajeya Raj Sumargi's passport suspended as Nepal reopens money laundering probe

Kathmandu, June 26 -- Nepal's authorities have frozen the passport of businessman Ajeya Raj Sumargi after launching a fresh investigation into alleged money laundering and the origins of billions of r... Read More

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