NEPAL RASTRA BANK

Fintech / Regtech

India, Nepal Ink Pact to Integrate Fast Payments Systems

By Ajoy K Das | 16/02/2024

The RBI has agreed to interlink the UPI with its counterpart in Nepal to enable instant and lower cost cross-border remittances.

Market Infrastructure

Sri Lanka, Nepal to Link Payment Networks LankaPay and Fonepay

By Sanday Chongo Kabange | 06/06/2023

The payment link will enable Sri Lankan and Nepali citizens to make merchant payments in each other’s country using a mobile-based QR code.

AML / KYC

RBI Tracks Cancelled Notes to Nepal

By Samuel Riding | 03/03/2017

Officials suspect money laundering via exchange of banned notes, newspaper reports.

Capital / Liquidity

Pakistan, Nepal Ink Supervision Agreement

By Samuel Riding | 10/02/2017

Central banks will cooperate on financial supervision, exchange information.

Securities / Derivatives

Nepal Central Bank to Be Sole Banking Regulator

By Editors | 25/09/2015

Nepal Rastra Bank – the country’s central bank – will be the sole regulator for banks and financial institutions under the new constitution unveiled on Sunday.

Securities / Derivatives

Nepal Draft Law Over Provincial Regulator Draws Criticism

By Editors | 24/07/2015

Nepal’s new draft law that will put financial institutions under the regulatory jurisdiction of provincial governments is drawing criticism from bankers, regulators and economists, including the central bank itself.