July 14, 2026, Tuesday
English

No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals

Main News Image

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.

mediabaaji add

Related News

NEPSE closed down with a normal score, turnover of 4.68 billion

Kathmandu. On the fifth or last trading day of the week, the NEPSE index decreased by 0.93 points and remained at 2560.15. During the day, 1449,496 shares of 328 companies were bought and sold, resulting in a turnover...

The value of the US dollar at a high point

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today.  According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 74 paisa and the selling rate is 144 rupees 34 paisa. Similarly...

NEPSE decreased by 10 points, turnover exceeded 5 billion!

Kathmandu. On Sunday, the first day of the week, the NEPSE index fell by 10.29 points to 2,610.63. About 1.3 million shares of 323 companies were traded, with a total turnover of 5.01 billion rupees. Out of the 13 sub-groups, hotels, manufacturing...

An increase of 16.67 points in NEPSE, the turnover is limited to 2.79 billion

Kathmandu. On Sunday, the last trading day before Tihar, the stock market NEPSE index rose by 16.67 points to 2503.85. 6.199 thousand shares of 323 companies were bought and sold in NEPSE on this day, with a turnover o...

Unseasonal rain in Morang has reduced paddy production, farmers are worried

Morang. In terms of rice production, Morang district, which is considered to be the best in the country, has seen a decrease in rice production this year due to unseasonal rains. Compared to last year, the production o...

This is the exchange rate of foreign currency on Saturday

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for 9 Saturday 0 today. According to which, the buying rate of one American dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa....