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
What is the exchange rate of which foreign currency for today?
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 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...
The tenth Dhading festival will be held from January 15 to 25
Kathmandu. The 10th Dhading Festival 2082 will be organized with the aim of making the local economy dynamic through the development and promotion of the economic, social, touristic and cultural sectors of the district. The festival will be conduc...
Are you exchanging foreign currency? View today's exchange rate (with list)
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 144 rupees 63 paisa and the selling rate is 145 rupees 23 paisa. The buying rate...
The farmers did not get the right price for the ripe oranges in the orchards of Baglung
Baglung. Orange orchards in the rural areas of Baglung have turned yellow at this time. However, the farmers have complained that they are not getting a fair price even though the orchards are looking good after the oranges have ripened. They said...
Ultimatum to Defaulters of Troubled Cooperatives to Immediately Repay Loans
Kathmandu. The Office of the Committee for the Management of Troubled Cooperatives has issued a strong warning to borrowers who have taken loans from various cooperative institutions and have long failed to repay them, directing them to settle the...
Naima's interest in EV motor capacity dispute, urges government to make clear standards
Kathmandu. Nepal Automobile Importers and Manufacturers Association Naima has said that it has drawn attention to the recent comments, discussions and explanations regarding the motor capacity of electric vehicles 9EV0.
Naima issued a statem...