No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals
-
Media Baaji
- Tue, 14 July 2026
Kathmandu. The Governor of Nepal Rastra Bank, Dr. Vishwanath Poudel, today announced the 25th monetary policy for the fiscal year 2083 and 84. This year's monetary policy has placed special emphasis on digital financial instruments and regulatory simplification to support the high economic growth target of 7 percent.
The most important and innovative aspect of the monetary policy this time is the announcement to start the study of personal credit scoring 'peer to peer' transaction system. The National Bank is now going to carry out a detailed study for the development of a platform where loans can be transacted directly between individuals. In other words, after the PTP platform is established, a bank is not necessarily required to take a loan.
Related News
NEPSE increased by 12.78 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, the NEPSE index increased by 12.78 points and reached 2654.93 points. NEPSE, which closed at 2642.15 points last week, increased by 12.78 points to 22654.93 points this week. The market was open on all five trading days this...
US dollar and pound rise: Here are today's foreign exchange rates
Kathmandu. Nepal Rastra Bank has determined the new exchange rate of foreign currency for Thursday. According to the Central Bank, there has been an increase in the price of the American dollar today, the buying rate of which has remained at 144 r...
New system implemented in transport service, national identity card and mobile number in own name mandatory
Kathmandu. With the aim of making transportation services more modern, convenient and technology-friendly, the government has launched a new integrated digital system. Through this system, citizens can now apply online for various transport servic...
Stock market of the week: NEPSE increased on all five days of trading
Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points...
The value of the US dollar, Euro and Australian dollar has increased, such is the exchange rate
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. On Wednesda...
Cabinet decision to increase police ration scale
Kathmandu. The decisions of the cabinet meeting held on Thursday have been made public. Home Minister and Government Spokesperson Omprakash Aryal announced the decisions of the meeting and informed that various important decisions were made.