Download or read book Nepalese Financial System written by and published by . This book was released on 2009 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles.
Download or read book Nepal written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-06-11 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth of the financial system presents a number of challenges to maintaining financial stability in Nepal. There has been a rapid growth of the banking sector over the last few years. State-owned institutions continue to dominate the banking system. Equity market capitalization has increased sharply while government debt markets remain underdeveloped. Despite a challenging macroeconomic environment, the financial performance of the banking system has improved. The rapid increase in credit growth in recent years suggests growing credit risk.
Download or read book Access to Financial Services in Nepal written by Aurora Ferrari and published by World Bank Publications. This book was released on 2007 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication presents the results of an access to financial services survey administered to Nepali households in 2005 and explains what hinders access by low income households and small businesses to financial institutions. The obstacles are identified on the basis of an in-depth analysis of the performance of the microfinance sector and of selected banks.
Download or read book Nepal written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-07-06 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past several years, Nepal has pursued a prudent fiscal policy, which has resulted in a significant reduction of public debt as a percentage of GDP. This paper reexamines the fiscal stance in Nepal in light of recent developments. The optimal level of the fiscal deficit is constrained by the need to achieve and sustain a debt-to-GDP ratio with an acceptable level of vulnerability to distress. The debt sustainability analyses (DSA) framework focuses on the net present value (NPV) of external public and publicly guaranteed debt, though public debt is also analyzed.
Download or read book Legal Measures of Nepalese Financial System written by Suman Acharya and published by . This book was released on 2020 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nepal has banks and financial institutions which are regulated by Nepal Rastra Bank under Nepal Rastra Bank Act, 2058 BS and Banks and Financial Institutions Act, 2073 BS. There are four categories of banks and financial institutions in Nepal which are Class 'A', Class 'B', Class 'C' and Class 'D' institutions. Class 'A' refers to commercial banks, Class 'B' refers to Development Banks, Class 'C' refers to Finance Companies and Class 'D' refers to Micro Finance Companies. Deposit Insurance and Credit Guarantee Corporation undertakes credit guarantee for loans provided to priority sector by commercial banks under Deposit and Credit Guarantee Funds Act, 2073. Currently there is compulsory provision to make deposit guarantee of 3 Lakh of each customer account. Nepal has also non banking institutions. Citizen Investment Trust encourages people to save and mobilize savings for productive activities and Employees Provident Fund work as an employee trust to render post-retirement benefits to its clients. Citizen Investment Trust Act, 2047 and Employees Provident Fund Act, 2019 are governing laws. Insurance Business is playing important contribution in Nepalese financial system. Insurance Board is the regulators of insurance companies, which are established under Insurance Act, 2049. Moreover, Securities business is also growing in Nepal. Primary, Secondary and Over the Counter market are used for transaction of securities in Nepal which are operated under Securities Act, 2063. The liberalization policy adopted by the Government of Nepal in 1980's have created supportive and conducive legal regime for banking sector. Consequently, joint venture banks have been established with foreign investment. Currently Nepal has accepted three pillar economies which are private, public and cooperative sectors. So, it is following mixed economy to run the country which is applicable even in banking business as well.
Download or read book Corporate Governance and Financial Sector Reform in Nepal written by Tilak Rawal and published by . This book was released on 2003 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: On Nepal Rastra Bank and its role in augmenting financial sector reforms through corporate governance to affect economic development in Nepal.
Download or read book Nepal written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2023-10-06 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mission conducted a diagnostic review of the financial sector oversight capacity and proposed a Technical Assistance Roadmap (TARM) to support the authorities’ efforts to strengthen the identification, analysis, and mitigation of risks to financial stability in Nepal. Two modules were undertaken: (i) the financial stability module, focused on areas agreed with the NRB during the scoping stage: banking supervision and regulation, stress testing, crisis management, payment systems, and financial inclusion; and (ii) the financial sector statistics module, focused on key data gaps hampering financial stability analysis, as well as statistical reporting to the IMF’s STA.
Download or read book Financial Market Regulations and Legal Challenges in South Asia written by Kashyap, Amit K. and published by IGI Global. This book was released on 2016-03-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has experienced a long period of robust economic growth. While many regulatory policies have helped usher in this prosperous growth, some markets have plateaued due to hardships such as the decline in foreign remittance and international credit lines, and a contraction of exports. To continue to grow, the nations in this region must begin to integrate into the globalized world economy. Financial Market Regulations and Legal Challenges in South Asia addresses the difficulties and challenges of the regulatory environment in South Asia. This research-based publication outlines the apparent issues and resolutions as these developing nations transition into global economic players. This book is an excellent resource for policy makers, researchers and students in the financial field, government officials, bankers, and financial market regulators.
Download or read book Nepal written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Although financial institutions have proliferated, the Nepalese people have not yet reaped the potential gains of the government's efforts to liberalize and reform the financial sector. There are four main reasons for this: excessive government involvement in the sector, a weak central bank, a poor banking environment, and a lack of adequate banking services for the poor. The financial sector also faces other issues that impede its development such as a poorly functioning credit bureau, risky finance companies, a ceiling on foreign ownership, limited financial services, poor accounting standards, and limited use of information technology. In November 2000 the government issued a paper outlining its proposed financial sector reform program for the medium term, one which touches on all the major issues and provides sufficient basis for undertaking far-reaching reforms. While the government has committed to withdrawing from the sector as owner and operator, this study makes recommendations for making the government's strategy fully implementable. Recommendations center on five important principles: Withdrawing the government from ownership of financial institutions. Significantly strengthening the central bank to make it a fully professional institution. Restructuring the Asian Development Bank of Nepal and closing the Nepal Industrial Development Corporation. And creating an appropriate environment for establishing a sound financial sector.
Download or read book Nepal written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-02-17 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines the degree to which inflation co-moves between India and a panel of countries in Asia. The paper shows that the considerable co-movement in headline inflation rates between India and Nepal is driven almost exclusively by food-inflation co-movement. By contrast, the role for inflation spillovers emanating from India in driving non-food inflation in Nepal appears limited. The implication is that Nepal should rely on domestic monetary policy rather than stable inflation in India to achieve stable domestic inflation. The main takeaway from the results is that food inflation co-movement between India and other countries is higher in cases where the co-movement in rainfall deviations from seasonal norms is highest. Since core inflation co-movement is weak, idiosyncratic domestic factors such as economic slack, exchange-rate movements, and differing degrees of passthrough from food- and energy-price shocks play an important role. This finding is critically important for monetary policy, especially since domestic policy is primarily effective only in controlling core inflation. Thus, domestic monetary policy needs to be calibrated to domestic inflationary pressures—Nepal cannot necessarily rely on stable inflation in India to achieve stable domestic inflation.
Download or read book Resource Mobilisation and Financial Development in Nepal written by Maxwell J. Fry and published by . This book was released on 1974 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nepal Defending Against Money Laundering written by Mr.Joe Procopio and published by International Monetary Fund. This book was released on 2018-04-13 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: A story about Nepal's journey to address money laundering--how it navigated the various obstacles it faced over the years to meet international standards on anti-money laundering and combating the financing of terrorism.
Download or read book Foreign Direct Investments written by Information Resources Management Association and published by Business Science Reference. This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ""This book explores the importance of global stocks to economic structures and explores the effects that these holdings have on the financial status of nations. It also provides a systems approach to investment projects in a globalized and open society"--Provided by publisher"--
Download or read book The Flow of Funds in Nepal written by Raghab Dhoj Pant and published by . This book was released on 1995 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nepal written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-04-03 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government of Nepal has pursued policies intended to promote a modern market-oriented economy with the purpose of improving growth performance and prospects. Although the fiscal deficit remains sustainable, financed primarily by foreign aid, budget performance has reflected the prevailing weaknesses in overall fiscal policy implementation. Some progress has been made in the areas of price reform, privatization, and financial sector reform. However, weaknesses in the legislative framework, limited skilled labor, and inadequate basic infrastructures continue to impede private sectoral development.
Download or read book Financial Institutions Economic Development written by Integrated Development Systems (Kathmandu, Nepal) and published by . This book was released on 1985 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nepal written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-01-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the transition to democracy, the government of Nepal has pursued policies intended to promote a modern market-oriented economy. Inflation continues to be strongly influenced by supply shocks and price developments in India. There have been improvements in the external position with continued reserve accumulation, and the real effective exchange rate has remained stable. Budget performance reflects the prevailing weaknesses in overall fiscal policy implementation. Some progress has been made in the areas of price reform, privatization, and financial sector reform.
