Picture this: You’re standing in line at a government office in Kathmandu, watching someone ahead of you fumble with crumpled notes to pay their electricity bill. Meanwhile, the person next to them simply taps their phone, completes the same transaction…
On April 6th, 2025, Mahalaxmi Bikas Bank achieved a significant milestone by being recognized as the Most Customer-Centric Bank 2025 by the prestigious platform Business Connect. This international honor celebrates the bank’s ongoing commitment to customer satisfaction, innovation, and people-first…
NRB’s New Move to Digitize Foreign Transactions Nepal Rastra Bank (NRB), on April 6th, 2025, introduced a forward-thinking policy allowing entrepreneurs in Nepal to accept foreign payments using digital wallets and QR codes. This revolutionary move aims to simplify international…
Introduction In a significant shift in Nepal’s banking sector, the Base Interest Rate of commercial banks has dropped to 6.48%, signaling a decline in loan demand. This decline has resulted in a massive Rs. 700 Arba (Rs. 700 billion) in…