It was Sunday morning on 16th June 2019. When we reached Higher Ground Community Development office in Lalitpur at around 10 AM, the hall was already filled with a group of around 20 girls and women aged 17-60 years. They
Tag: bank account
The Trend of Domestic Savings in Nepal
The economy of Nepal is consumption oriented. Nepal Rastra Bank’s Fifth Household Budget Survey 2014-15 shows that Nepalis spend over 85% of income on consumption. Meanwhile, the World Bank’s Global Findex database 2017 shows that only 46% of the adult
The status of Financial Institutions in Nepal
The Financial Institutions in Nepal mainly comprises of the Central Bank which is better known as the Nepal Rastra Bank, the commercial banks, development banks, finance companies, and micro-credit development banks. The Nepalese financial system development has a very recent history, starting