December 28, 2022 10:15 am
KATHMANDU, Dec 28: The government has extended the timeline allowing banks to consider up to 80 percent of the reserve funds of local governments in their deposit for another six months, citing the liquidity crisis prevailing in the banking system.
December 21, 2022 08:30 am
KATHMANDU, Dec 21: A growing number of cooperatives have started landing in financial crisis in recent days due to slump in the realty business, rising inflation and liquidity crisis in the banking system.
December 14, 2022 15:40 pm
KATHMANDU, Dec 14: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that the lack of liquidity in the market will increase in the month of January.
November 3, 2022 20:30 pm
KATHMANDU, Nov 3: Private sectors have blamed the deepening liquidity crisis in the country’s banking system to the defective policies implemented by Nepal Rastra Bank (NRB).
November 1, 2022 13:05 pm
KATHMANDU, Nov 1: The new lending rates adopted by the commercial banks of the country that came into effect on Tuesday, October 18, demonstrate a rise from those employed previously. Creditors now have to pay as much as 18 percent interest rate for the money they borrow from banks. With soaring inflation and depleting foreign reserves, the increase in the lending rates reflects a liquidity crisis in the country that does not seem to have de-escalated with time.
September 3, 2022 20:05 pm
KATHMANDU, Sept 3: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari said the liquidity crisis with banks can be corrected only with an improvement in the country’s balance of payments (BoP) position and government’s increased expenses on a periodic basis.
August 8, 2022 20:30 pm
KATHMANDU, August 8: Due to the current liquidity crisis in the country’s financial sector, the member-savers of cooperatives will be able to withdraw only 5 percent of their deposits at a time. The umbrella organizations of the cooperatives have made such a call saying that when all the members demand the return of the savings kept in the cooperatives, there will be an imbalance in the payment process.
July 26, 2022 16:20 pm
KATHMANDU, July 26: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI), an umbrella organization of the Nepali private sector, has said that the current fiscal year’s monetary policy will create more pressure on liquidity which has already been witnessing a strain for the past eight months.
November 2, 2018 14:44 pm
MORANG, Nov 2: Minister for Finance Dr Yuvaraj Khatiwada has said that there was no liquidity crunch in the country.