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
Siddharth Bank called the annual general meeting to pass the dividend proposal
Kathmandu. Siddharth Bank has announced to distribute dividends to the shareholders from the profits of the last financial year. The bank has announced that it will distribute bonus shares at the rate of 5% of the paid...
Nepal gave three and a half million US dollars for the reconstruction of two religious places in Myanmar
Kathmandu. The Government of Nepal has provided 350,000 US dollars to the Government of Myanmar for the reconstruction of two religious heritage sites in Myanmar that were damaged by the powerful earthquake of last March.
Ambassador of Nepal...
As the price of gold and silver continues to rise, how much has it reached per tola today?
Kathmandu. The price of gold has increased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Dealers, compared to Friday, the price of gold tola has increased by 2800 rupees and has remained at 270 thousand 60...
The exchange rate of foreign currency, the dollar crossed 152 rupees
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for Wednesday. According to the Central Bank, today the buying rate of one US dollar is 152 rupees 31 paisa and the selling rate is 152 rupees 91 pais...
Today, NEPSE decreased by a normal number, the turnover fell to 7 billion 49 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 1.64 points to 2681.50. During the day, 1 crore 66 lakh 82 thousand 626 shares of 326 companies were bought and sold, and 7 billion 49 crore 97 lakh shares were traded....
NEPSE rose by 9.93 points, 7.5 billion shares traded
Kathmandu. On the third trading day of the week, NEPSE index increased by 9.93 points to 2649.30 points. Today, when 1 crore 48 lakh shares of 334 companies were bought and sold, there was a turnover of more than 7 billion 12 crore rupees. Among t...