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.
Express
Related News
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...
The construction company's commitment to complete Kamala Bridge within three months
sirah After the physical infrastructure and transport minister Kulman Ghisingh's on-site inspection and instructions, the construction company has committed to complete the unfinished Kamala bridge connecting Dhanusha...
New rules in NEPSE from Monday, share prices fell by 15 percent in one day
Kathmandu. Now the share price can decrease up to 15 percent in one day. NEPSE is about to implement this new regulation after the approval of the 'Securities Business Operation Fourth Amendment Regulation, 2082' from the Nepal Securities Board.
Discussion of Deuba in UML meeting, criticism of Oli
Kathmandu. CPN-UML Central Committee meeting continues from Tuesday. The central members are giving their views in the meeting. Party President KP Sharma Oli presented a political proposal on Tuesday.
Other leaders of the...
Heavy fall in the price of gold, how much per tola?
Kathmandu. Gold prices fell on Monday. Today, the price of gold has decreased by 13 thousand 400 rupees per tola. According to the Nepal Gold and Silver Traders Federation, the price of gold in Chapawal has remained at 286,600 rupees per tola on M...
What is the exchange rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Thursday. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 83 paisa and the selling rate is 145 rupees 43 paisa. Similarly, the...