Gaindakot (Nawalparasi) : For the first time in the history of financial cooperatives in Nepal, VYCCU Savings and Credit Cooperative Limited has launched an electronic payment technology, Point of Sale (POS) machine. Minister of Agriculture and Land Management of Gandaki Province, Mahendra Dhwaj...

The credit union sector of Nepal has occupied special place since the inception of the cooperative movement in Nepal. In fact, the CU movement, till date, has become synonymous to the cooperative movement. Statistically too, the credit unions enjoy lion's share in the cooperative movement. As t...

Kathmandu : Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said the Monetary Policy for the current fiscal came with a review of the overall existing scenario of nation's economy.  "The Policy prioritises a liberal approach in terms of the interests of bank loans when...

Kathmandu : Nepal Rastra Bank (NRB) has issued the Unified Directives today, amending the Unified Directives-2079 BS. As per the amended Unified Directive, the provision of 'counter cyclical buffer' has been re-implemented. It was suspended since Fiscal Year 2076/77 due to the COVID-19...

Kathmandu : The Nepal Rastra Bank will offer additional facilitation in the digital payments in a bid to stop financial anomalies and facilitate revenue collection, according to the Monetary Policy for the current fiscal year, 2023/24 published today.  "Revenue collection will be f...

Kathmandu : The Monetary Policy for the current fiscal year 2023-34 unveiled by the Nepal Rastra Bank today has set seven various targets.  The structure and targets of the new Monetary Policy seek to maintain the foreign exchange reserve at a level sufficient to cover the anticipated imp...

Kathmandu : Nepal Rastra Bank (NRB) has made public the monetary policy for the current fiscal year, 2023/24. The central bank through the policy has dropped the policy rate, and kept intact the mandatory cash ratio and the statutory liquidity ratio of banks and financial institutions. Similar...

Nepali cooperative sector has undergone a sea change since the noble idea was formalized and institutionalized from the government in 2010 (2954 AD) with the formation of Department of Cooperatives and 2013 (1957AD) with the establishment of Bakhan Credit Cooperative at Chitwan. However, the ritual...