July 14, 2026, Tuesday
English

No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals

Main News Image

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.

mediabaaji add

Related News

Shikhar Power's IPO allotment, 24 lakh 66 thousand applicants empty handed

Kathmandu. Shikhar Power Development Limited opened the sale to the general public from February 17th to 26th, and the IPO was distributed today on March 3rd by Global IME Capital Limited, the sales manager. The company got permission from the Nep...

What is the exchange rate of which foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 147 rupees 50 paisa and the selling rate is 148 rupees 10 paisa.

Similarly...

What is the exchange rate of which foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one American dollar is 145 rupees 27 paisa and the selling rate is 145 rupees 87 paisa. Simi...

Nepal Rastra Bank is issuing 25 billion bonds today

Kathmandu. Nepal Rastra Bank today is going to issue 'Nepal Rastra Bank Bond 2084' with a one-year period worth 25 billion. The Monetary Management Department of the National Bank has issued a notification and said that it is going to issue the bo...

Petrol and diesel prices stable

Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...

NEPSE rose by 7.73 points, trading at 4.74 billion

Kathmandu. The stock market rose on the first trading day of the week. The market index NEPSE increased by 7.73 points and stopped at 2796 points. Earlier on Friday, NEPSE increased by 1.5 points. The turnover has decreased. The previous day's tur...