No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals
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
Mandatory IT audit system implemented in Nepal Stock Exchange for brokers
Kathmandu. Nepal Stock Exchange NEPSE has issued 'IT Audit Guidelines-2026' to make the digital infrastructure of the capital market safe and reliable and has implemented a mandatory information technology IT audit system for broker companies.
...An increase of 62.29 points in NEPSE, turnover of 4.57 billion
Kathmandu. On the second trading day of the week, the stock market NEPSE index increased by 62.29 points to 2571.34.
On NEPSE, 92 lakh 43 thousand 723 shares of 314 companies were bought and sold on this day, with a turnover of 4.57 bil...
What is the foreign currency exchange rate for Monday?
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 142 rupees 88 paisa and the selling rate is 143...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the fixed exchange rate for today, the buying rate of one US dollar is 143 rupees 36 paisa and the selling rate is 143 rupees 96 paisa. Simi...
The price of gold and silver increased, now how much per tola?
Kathmandu. Today on March 3, the price of gold and silver has increased in the Nepalese market. Gold has increased by Rs 400 per tola while silver has increased by Rs 70 per tola.
The Nepal Gold and Silver Traders Federation has informed tha...
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...


