Bring in foreign money, we will create investment-friendly environment: PM Prachanda

  Kathmandu, March 2 Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has appealed investors to invest in Nepal without fear because political stability is ‘coming soon’. Prachanda, addressing the investment conference that began in Kathmandu on Thursday, said: After promulgation of the Constitution, we are focusing on development. For this, we are waiting for foreign investment. […]

Indian Demonetisation: RBI officials quiz Nepal on KYC norms

Kathmandu, March 1 A Reserve Bank of India delegation, which landed in Kathmandu on Tuesday, has asked Nepali bankers to explain how they comply with KYC norms. The delegation from the RBI’s monetary management and supervision departments have expressed concerns over KYC (know your customer) compliance of Nepali banks in a meeting with senior bankers. […]