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
Foreign Currency Exchange Rates: The value of the Euro and Pound fluctuates with the US Dollar
Kathmandu. According to the foreign currency exchange rate determined by Nepal Rastra Bank for today, the buying rate of one US dollar has remained at 150 rupees 88 paise and the selling rate has been maintained at 151 rupees 48 paise. While the b...
The price of the American and Australian dollar fell, the price of the euro, pound and dinar also fell at a high rate!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Today, the exchange rates of all foreign currencies, including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinars, have fallen a...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the value of the US dollar is stable. According to the determined exchange rate, the buying rate of one US...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. While the price of the US dollar, which was stable on Monday, fell, the price of the European euro rose today. According to the fixed exchange rate, the b...
New system implemented in transport service, national identity card and mobile number in own name mandatory
Kathmandu. With the aim of making transportation services more modern, convenient and technology-friendly, the government has launched a new integrated digital system. Through this system, citizens can now apply online for various transport servic...