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 foreign currency on Wednesday?
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 141 rupees 48 paisa and the selling rate is 142...
Suryakund Hydro's IPO allotment, 57 thousand 243 people got shares
Kathmandu. Suryakund Hydro Electric Limited has issued an IPO to the general public. Sales manager Kumari Capital Limited has allotted the IPO this morning. This company had opened the IPO sale of 5 lakh 72 thousand 431 shares with a face value of...
Authority constructing new Butwal Lamhi transmission line
Kathmandu. The Nepal Electricity Authority is going to construct a new Butwal Lamahi power transmission line with a capacity of 400 KV. The total length of 161 km transmission line is intended to transmit the electricity of eastern Nepal to the we...
Construction permission for 10 hydropower projects till mid-October
Kathmandu. The Electricity Development Department has granted construction permits to a total of 10 hydropower projects in the first quarter of the current year. The total capacity of that project is equal to 241.50 megawatts. The department has g...
A decline of 22.33 points in NEPSE, the turnover fell to 8 billion 99 crores
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 22.33 points and remained at the point of 2791.71. During the day, 21.842 thousand 887 shares of 329 companies were bought and sold, totaling 8.999 billion 2.6 million s...
Heavy fall in the price of gold and silver, how much is the transaction going on today?
Kathmandu. On Tuesday, the price of gold and silver, which is constantly increasing, has fallen sharply. According to the Nepal Gold and Silver Traders Federation, today the price of gold has decreased by 7 thousand 900 rupees per tola.
Alon...