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.
Express
Related News
The IPO of Suryakund Hydro Electric will be distributed on Tuesday
Kathmandu. The IPO issued by Suryakunda Hydro Electric Limited for Nepalis working abroad will be distributed on Tuesday. Sales Manager Kumari Capital has informed that a program for allotment of shares has been scheduled at the capital's office a...
During the quarter of the current year, 25 local levels are still without budget
Kathmandu. Although four months of the current financial year have been completed, 24 local levels of Madhesh Province have not been able to present their budgets. So far, a total of 728 local levels have presented bud...
People's Hydropower will sell 5 lakh shares of Upper Hewakhola
Kathmandu. People's Hydropower Company Limited has announced plans to sell five lakh shares of Upper Hewakhola Hydropower Company Limited through the stock market. In the notice issued by the company, it is mentioned that the shares will be traded...
On the first day of the week, the stock market increased by 4.45 points, trading at 14.32 billion
Kathmandu. On Sunday, the first day of the week, the stock market has risen normally. The NEPSE index increased by 4.45 points and closed at 2824 points. Although there were general fluctuations in the market throughout the day, the transaction am...
Gold prices continue to set new records, silver is also at an all-time high
Kathmandu. The price of gold and silver in the Nepali market is constantly increasing. Today the price of gold has increased by 1 thousand 800 rupees. According to the Federation of Nepal Gold and Silver Dealers, the...
Heavy fall in the price of gold and silver, how much is the transaction going on today?
Kathmandu. The price of gold has decreased in the Nepalese market. Today the price of gold has decreased by 9 thousand 500 rupees per tola. According to the Nepal Gold and Silver Traders Federation, 2 lakh 95 thousand 200 rupees have been fixed in...