Different Banking Products and Services


Introduction to banking products and services Banking products and services refer to the various financial products and services that a bank or financial institution offers to its customers. These include a wide range of services such as current and savings accounts, credit and debit cards, loans such as mortgages and auto loans, investment products like … Read more

Foreign Aid in Nepal : Issues and Challenges


What is a Foreign Aid ? A foreign aid refers to the transfer of resources from a country that has a relatively high level of income to a country that has a relatively low level of income. It is also known as an international aid or official development assistance. The basic idea behind this type … Read more

What is a Cash Reserve Ratio ?

What is Cash Reserve Ratio ?

Introduction CRR stands for Cash Reserve Ratio. The CRR is a measure of a bank’s liquidity. It is the percentage of its total deposits that the bank sets aside in cash or as cash equivalent. Cash Reserve Ratio is calculated by dividing a bank’s cash and near cash holding by its total deposits. CRR =(Cash … Read more

How can a manager make an effective decision ?

What are the basic elements of decision making ? How can a manager make an effective decision ? Explain Decision making is a common cognitive process. It is generally the process of evaluating alternatives and choosing a course of action. It is a systematic way of thinking about and solving problems. Decision making is one … Read more

Economic Development of Nepal: Challenges

Introduction to Economic Development Before, we define the term ‘Economic Development’, we must know the meaning of Economic Growth. We often misunderstand the term ‘Economic Development’ with ‘Economic Growth’. Economic growth is nothing but the increase in the quantity and quality of the economic goods and services that a country produces. Growth only considers the … Read more

Updated List of Nepalese Commercial Banks [January, 2023]

Banks of Nepal

Nepalese Banking and Financial System (NBFS) has been categorized into four classes under the supervision of Nepal Rastra Bank. They are; Commercial Banks are the major financial intermediaries of Nepalese financial ecosystem. They serve several types of units and provide a wide range of financial services when compared to other BFIs. Commercial Banks are the … Read more

Fixed Deposit

Fixed Deposit

A fixed deposit is a financial instrument provided by the banks and other financial institutions. It is a type of term deposit that yields a fixed rate of interest until the maturity of the deposit. By investing in fixed deposits, one can save and earn money from it. The rate of interest for investors is … Read more

Letter of Credit or Documentary Credit

Letter of Credit or Documentary Credit

Letter of Credit or Documentary Credit Letter of Credit (LC) originated from Latin word “accreditivus” which means trust and adapted from a French word “accreditation” which means a power to do something. Letter of Credit (LC), also known as Documentary Credit (DC), is one of the most common modes of payment in international trade. It … Read more