Nepal Rastra Bank Governor Bishwanath Paudel has asked banks to explore new areas for investment. Speaking at the CBFIN general assembly on Friday, he said the central bank is ready to support banks in finding growth opportunities and working with entrepreneurs. Governor Paudel emphasized the need for banks to discuss where to invest and how to generate returns, noting that public confidence in investment has been low for the past few years. He also suggested that the state may need to issue bon
Nepal Rastra Bank Governor Bishwanath Paudel has asked ban…
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Nepal's central bank has issued a redesigned Rs 100 note that carries a new political map showing the disputed areas of Kalapani, Lipulekh and Limpiyadhura as part of Nepal, which India considers its own territory. 1 2 The move has revived the 2020 border-map dispute, with India terming it a unilateral cartographic claim that does not alter the actual ground situation on the border. 3 4 Key details Issuer: Nepal Rastra Bank (central bank of Nepal). 1 Denomination: NPR 100 note; other notes (10,
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Nepal’s economy is on a growth path. World Bank's latest Nepal Development Update projects #Nepal’s economic growth to accelerate to 5.1% in FY25 from 3.9% in FY24, driven by: 🧳high tourist inflow ⚡️increased hydropower production, and 🌾a strong paddy harvest. Hear more from David Sislen, World Bank Country Director for Maldives, Nepal, and Sri Lanka. You can download the report from here ⬇ https://documents1.worldbank.org/curated/en/099439009302442870/pdf/IDU1bade747310f41144991a576183a9a3eb5
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