Author: Radha Sapkota

Loading digital wallets through credit cards? You should be careful now. As you know, the banking system in Nepal is going through a liquidity crisis this time. Banks are being really strict in lending credits. On the other hand, they are trying to bring in a lot of deposits. In this scenario, the Nepal Rastra Bank has been bringing many policies, directives, and rules to tighten the money supply in the market. Recently, it has restricted banks to issue Letter of Credit (LC) to import various goods ranging from mobile phones, vehicles above 220 CC, garments and ready-made clothes, etc.…

Neema Academy has launched online bridge course classes for SEE examinees. As the SEE examination is ending today, the students can utilize their free time on these bridge courses and prepare for class 11. The students can join these classes online from home. This bridge course is specially designed for students from remote areas such that they can access the classes from home. Under the bridge course of Neema Academy, the candidates will be able to prepare for the entrance examination for the 11th class (Science, A-Levels, and Management) faculty from home. The bridge course will be held for 6…

CodeFest 2022 Finals is about to begin soon in Kathmandu. Code For Change (CFC) has been organizing this as Nepal’s Largest Hackathon since April 14. And now, having completed the state-level hackathon, CFC is preparing for the finals. A Glimpse of CFC CodeFest 2022 State Levels Code For Change (CFC) has successfully concluded the state-level hackathon both virtually and physically in all 7 states from April 14 to 21. Altogether 8 teams from all the states are selected for CFC CodeFest 2022 Finals. There was great participation of students from all the states who formed a team in this competition.…

Mega Bank Nepal Limited has successfully integrated NEPALPAY QR in the Mega Smart Banking app. Now the bank’s customers can scan and initiate NEPALPAY QR payments, available at various merchants and payment gateways. The Bank has also initiated acquiring its business customers as merchants for managing their receivables via NEPALPAY QR. Mega Bank is one of the first banks to join the National Payment Switch and to enable NEPALPAY QR. The business customers of Mega Bank will also eventually be able to be enrolled as merchants to manage their receivables from their customers. Also, all the customers of Mega Bank…

CAN Infotech 2022 has already started today at Bhrikutimandap, Kathmandu. The 27th ICT exhibition organized by the Computer Association of Nepal (CAN) has kicked off today with the stalls of various companies, organizations, and businesses contributing to the ICT sector. This expo is happening till the 25th of April, 2022. This expo is featuring various products and services ranging from computing and electronic accessories, fintech products, startups and innovation, e-governance, product launching of new ideas, and similarly so on. Among the Fintech stalls, Nepal Clearing House Limited (NCHL) also has its stall number D32. The reason I’m telling you this…

Well, who does not find it disgusted with the rising trashes in the Kathmandu valley? Moreover, with the notorious recognition of Kathmandu valley among the list of the most polluted cities in the world, we are living amidst growing land, water and air pollution in the valley. Realizing this fact and to create an awareness on reducing the pollution, Maina Devi Foundation is organizing Kathmandu Trash Collection Race 2022 on Baisakh 10. Maina Devi Foundation is a social organization led by a young social activist KP Khanal. He has been actively participating in various social work activities and awereness programs…

Local Elections 2079 are approaching near as the month of Baisakh has already started. The preparations and promotions of election is going on in every nook and corner of the country. Various new trends are being seen in this year’s local elections. The political parties are making their own allies whereas many youths are also emerging to give their candidacy for local elections. While the preparations for the Local Elections 2079 are going on, as the citizen of the country, it is one of the basic rights of ours to get a chance to vote and choose the leaders. Since…

Remitap app is a fintech product introduced by Machhapuchhre bank to provide a premium banking experience through a digital medium. It was launched on February 11, 2021, by the bank. It has collaborated with its technological partner in India, AMV Tel Private Limited for developing this particular app. What are its features? For those who are unknown about this app, it is the first digital wallet by a commercial bank in Nepal. Developed for mainly facilitating domestic and international remittance, the Remitap app has a wide variety of services like: Send and request money Virtual card and apply for credit…

Machhapuchhre Bank Limited (MBL) has successfully integrated NEPALPAY QR in its mobile banking app, MBL M-Smart, such that its customers can now scan and initiate QR payments available at various merchants and payment gateway. MBL has also initiated acquiring merchants for this. MBL is one of the first banks to join the National Payment Switch (NPS) and to enable NEPALPAY QR. MBL has over 6 lakh mobile baking users and has already acquired over 6,500 QR merchants. The business customers of MBL can now be enrolled as merchants to manage their receivables from their customers using MBL M-Smart or…

Well, I know. You might have been tired of hearing all the bombarding news from the media regarding the ongoing Srilankan Economic Crisis and various solicited/unsolicited comparisons between Nepal and Srilanka. The burning issue in the South Asian region is revolving around the Srilankan Economic Crisis. As we know, Srilanka is going through a rough patch with rising inflation of more than 13%. With the effect of Covid-19 and the ongoing Russia-Ukraine war, the whole world is under the turmoil of oil supply shock and rising inflation. Oil prices are at a record high- crossing $100 per barrel in the…