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
Heavy fall in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, the price of gold has decreased by 12,500 rupees per tola to 282,000 rupees....
What is the foreign currency exchange rate for Monday?
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at Rs 152.08 and the selling rate at Rs 152.68. Similarly, the buying rate of Eu...
The tea industry will be closed due to Indian barriers!
Elam. The tea industry in Suryodaya region of Elam is going to be closed after India tightens the Nepalese tea market. Suryodaya Orthodox Tea Producers Association Nepal, to which Tripanna Industry is affiliated, has announced the closure of the i...
Eastern tea industries closed after India's blockade, 60,000 jobs in crisis
Kathmandu. After India imposed an unannounced ban on Nepali tea exports, the tea industries of Elam and Jhapa have started to close down. 56 industries in Elam have already been closed, while more than 30 industries and about two dozen tea gardens...
Nepali Congress Central Working Committee meeting continues today
Kathmandu. The meeting of Nepali Congress Central Working Committee will be held today. Chief Secretary Krishna Prasad Paudel informed that the meeting will be held again at the central office of the party, Lalitpur at 1 o'clock. The central membe...
Snow Rivers will issue an IPO to the general public from May 29
Kathmandu. Snow Rivers Limited is going to issue an IPO for the general public from this 29th of Baisakh. The company has distributed the IPO to the Nepalis who are employed abroad and the project affected, and now it is going to be released to th...