Abstract
The rapid expansion of Financial Technology (FinTech) has profoundly transformed the global economy, with notable implications for countries like Nepal. FinTech's innovative solutions have the potential to enhance financial inclusion by providing accessible banking services to remote and underserved regions. Additionally, it streamlines financial processes,
The Central Bank of Nepal issued updated Environmental and Social Risk Management guidelines in February, 2022. After that, Financial institutions started to develop the outline of Environment and Social Risk Management guidelines aligned with the Nepal Rastra Bank’s guideline of ESRM. For this, banks are
By Sunita Bista .
Updated .
3 min read .
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Digital economy, in simpler terms, is any economic activity based on internet and world wide web. It also refers to an economic activity which occurs from online connections among people, business, data etc.
The banking system is an integral part of every economy. So, bank’s role
Background
Those loans where the Government of Nepal will be (has been) providing subside (subsidies) on interest, where concerned Banks and Financial Institutions can add a maximum of 2 percent on their base rate are explained to be subsidized (loans). In such loans, Banks and Financial