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Financial inclusion plays an important role in determining the socio-political and economic fabric of a country. In Nepal, access to finance is a need of every household and businesses. A government aiming for a balanced development of multi-sector should consider
The increasing involvement of startups and the government into digital technology is not just unsettling the traditional methods of running businesses but paving a pathway of an entire digital economy towards a developed nation. Going digital is the new trend
ब्याङ्क र भरखरै खुलेका भुक्तानी सेवा प्रदायक र मोबाइल वालेटहरूले विभिन्न सेवा दिएर डिजिटल कारोबारलाई प्रोत्साहन गर्न खोजेका छन्। नेपालमा हाल झन्डै १० लाख उपभोक्ताले सीमित क्षेत्रमा सेवा उपभोग गर्दा डिजिटल कारोबारका लागि उपलब्ध सुविधा उपयोग गर्ने गरेको बताइन्छ। विभिन्न
Mobile Financial Services (MFS) can be considered as a distributive service for the wider access to financial services in the rural, semi-urban people in Nepal. It, basically, indicates the services that provide retail to micro retail services (the payment facilities,
Banks and financial institutions should play a pivotal role to make the economy of Nepal formal, promote financial inclusion, and propel economic growth in the country, The Himalayan Times reports Finance Minister Yubaraj Khatiwada as saying. Addressing the inauguration ceremony
Prakash Koirala, Managing Director of FINLIT Nepal Pvt. Ltd. has been honored with ‘Economic Citizenship Award 2018’. The award recognizes institutions who have a direct and immediate effect of financial education and entrepreneurship education on improving the people’s economic and financial
Nepal Rastra Bank, the Central Bank of Nepal hosted 36th SAARCFINANCE Group Meeting and 14th SAARCFINANCE Governors’ Symposium on 27 June 2018 in Kathmandu. The programs were focused on developing a common platform for strengthening Digital Payment System in the
93% of the school fees were paid on cash in the past year 87% of the utility bills were paid on cash in the past year Only 4% of the adult population received their wages into a financial institution account
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