KATHMANDU: Economic Digest, a daily morning email digest, is basically a relatable summation of important business news from Nepal into easy-to-understand summaries.
NRB issues directives to let bank staffers offer service from home
Nepal Rastra Bank, the monetary, regulatory and supervisory authority of banks and financial institutions of Nepal, has directed all banks and financial institutions to ensure their staffers provided the service from home so that both the customers and service providers can minimize the chances of coronavirus pandemic transmission.
Citing the alarming increase in the coronavirus cases, the central bank has written to all banks and financial institutions to ensure that the staffs provide service from home as far as possible.
NRB has instructed all banks and financial institutions to provide services in shift so that there will be no crowd or big number of service providers or even the beneficiaries.
The central bank has also requested all to abide by the health safety standards set by the government. NRB had asked the banks and financial institutions to make conducive environment to work from home.
However, the bank and financial institutions have already made the staffers work from office claiming the coronavirus threat is gradually calming down.
Suzuki introduces ‘Smart 7 Days Offer’
CG|Motocorp, the authorized distributor for Suzuki cars in Nepal and automotive division of CG|Holdings has introduced, ‘Suzuki Smart 7 Days’ offer valid from 10th August 2020 to 16th August 2020.
The Scheme will apply to all Suzuki Smart Hybrid Range Vehicle. The Smart Hybrid Vehicle available is Baleno, S Cross, Ciaz, Ertiga, and XL6.
Under the scheme, the customer can enjoy the benefit of up to Rs 3,50,000 lakh discount and an exchange bonus of up to Rs 2,00,000.
The company has made provision for easy financing with down payment beginning from 25%. The company has also introduced financing at a minimum interest rate of 8.25% in partnership with NIC ASIA Bank Ltd.
The scheme valid for 7 days is available from all 35 Suzuki outlets across the country.
TVS sets to launch Apache RTR 200 4V
TVS has set to launch the all new Apache RTR 200 4V with a race telemetry enabled Smart Connect, the cutting-edge Bluetooth enabled system offers up a range of race analytics, navigation, lean angle mode, low fuel indication, pump navigation, crash alert making it a smart motorbike.
With a maximum engine output (kW@rmp) 15.1kW @ 8500 rpm, maximum torque (kW@rpm) 16.8 Nm@7500rpm and 5 speed gearbox; this unbeatable race machine can reach 0-60km/h in 3.9 seconds and hit the top speed of 127 km/h.
It also spearheads its class with never before seen innovation like, ABS with RLP (Rear wheel Lift-off Protection) control, radial tyre, LED headlamp and an advanced slipper clutch system.
This unbeatable smart race machine wins the race to the future with futuristic technology and a revamped aesthetics.
(Compiled and prepared by Nitish Lal Shrestha)
Nepal Economic Digest is a daily morning email digest, basically relatable summations of the most important business news, happenings from Nepal into easy-to-understand summaries.
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