August 31, 2026, Monday
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

Naima's request to the government - automobile sector should be recognized as a 'necessity' and not a 'luxury'

Kathmandu. The delegation headed by Ritu Singh Vaidya, President of Nepal Automobile Importers and Manufacturers Association Naima, Finance Minister Dr. Swarnim Wagle met with and presented detailed suggestions for policy and systemic reforms rela...

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...

This is the exchange rate of foreign currency on Saturday

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for 9 Saturday 0 today. According to which, the buying rate of one American dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa....

The price of gold decreased by 3600 per tola!

Kathmandu. The price of gold and silver has decreased in the local market. On Wednesday, June 9, the price of 100 gold fell by 3600 rupees per tola, according to the Nepal Gold and Silver Traders Federation. According to the federation, on this da...

With a double-digit decline in the NEPSE, all sub-sectors declined except for hotels and tourism

Kathmandu. On Tuesday, the second trading day of the week, the stock market also fell. The NEPSE index, which closed down on Monday, continued the same trend on this day as well and dropped by 17.91 points to 2807.31 points. Along with the NEPSE i...

Here are the foreign currency exchange rates set for Friday

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. Similarly...