Standard Chartered Bank ICRA Ratings

Standard Chartered Bank Nepal Once Again Gets AAA Issuer Ratings from ICRA Nepal

Standard Chartered Bank Nepal has once again got AAA ratings. It has retained the issuer rating of AAA from ICRA Nepal. Such issuers carry the lowest credit risk as they are considered to have the highest degree of safety regarding timely servicing of financial obligations. This is the third consecutive year the bank has received this rating. How did Standard Chartered Bank Nepal Maintain this AAA Rating? There are two companies that provide…

Read More
NCHL Non-Cash Transactions

NCHL’s Non-Cash Transactions Crosses NRs. 7 Trillion Transactions in the First 6 months of 2078/79

Nepal Clearing House Limited (NCHL) has made a new record in its non-cash transactions. By the first 6 months of 2078/79, the non-cash transactions in NCHL channels have crossed NRs. 7 trillion in value. It has reached NRs. 7.88 trillion in transactions across the three channels : NCHL ECC, NCHL-IPS, and connectIPS. Through NCHL-ECC alone,…

Read More
Nepal Rastra Bank

Is Mobile Banking Transaction Limit Per Day NPR. 200,000 or NPR. 400,000? Is there a Loophole in the Payment System?

Nepal Rastra Bank has set the transaction limit for mobile banking and other payment systems in the Unified Directives through the Payment Systems Department. The maximum transaction limit per day from mobile banking channels is NRs. 200,000. On the other hand, you can transfer funds up to NRs. 20 lakhs in a day from internet…

Read More
connectIPS

Now You Can Pay Insurance Premium of 30+ Companies Using connectIPS and Get Real-Time Settlement

ConnectIPS allows you to pay your life and non-life insurance premiums directly from your personal account at any member bank or financial institution. Such payments can be made in real time using connectIPS (web and mobile app) or the different insurance providers’ websites (using connectIPS gateway). You can pay the insurance premium of 30+ insurance…

Read More