Tag Archives: Monetary Policy

Central bank directs banks to hike paid-up capital

Central bank today directed the banks and financial institutions to hike paid up capital within next two years – to strengthen their balancesheet size – encouraging their further consolidation. The commercial banks need to increase their paid-up capital by four

Nepalis allowed to make online purchases using cards

Nepalis can now make online purchase using debit and credit cards from home. “The new provision will ease purchasing goods from abroad online to consume within the country,” according to the central bank directive. The central bank has for the

Stress testing mandatory for B, C class financial institutions

The central bank has asked the class B and C financial institutions also to conduct stress testing from this quarter end. Earlier, a year ago, the central bank made it mandatory for the class  A commercial banks to start stress

Central bank to issue another round of reverse repo, to mop up extra surplus liquidity to control double digit inflation

The central bank is planning to issue another round of reverse repo next week to mop up excess liquidity and contain price hike according to Monetary Policy that had targeted to keep inflation under 7.5 per cent. The planned reverse

Central bank, government fail to crack whip on price hike; vegetable, meat prices go overboard

The price hike in vegetables and meat under the food and beverage group has pushed the inflation above double digit, making central bank and government mere spectators, despite Monetary Policy and Fiscal Policy both promising to contain inflation at seven