No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals
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 price of gold fell for the third day in a row, today 288 thousand per tola
Kathmandu. The price of gold in the Nepalese market has decreased for the third day in a row. According to the Federation of Nepal Gold and Silver Traders, on Tuesday, the price of gold decreased by 1,400 rupees to 288,000 rupees.
Gold was t...
NEPSE fell by 10.25 points, trading fell to 8 billion 61 crores
Kathmandu. On the third trading day of the week, NEPSE index decreased by 10.25 points to 2662.14. Today, 21.17 million 15 thousand 868 shares of 324 companies were bought and sold, and 8.61 billion 64 million shares were traded. Today, while the...
Revenue collection of 21 lakh 10 thousand in one day in traffic action
Kathmandu. In the past 24 hours, two thousand 102 motorists have been prosecuted for violating traffic rules. From this, the revenue of Rs 21 lakh 10 thousand 514 has been deposited in the state treasury. According to the Kathmandu Valley Traffic...
The south side of Sainik Manch is being greened at 27 million
Kathmandu. The Metropolitan Corporation has prepared to plant ``Varmudha Grass'' worth Rs.
According to Arjun Aryal, Senior Engineer of Kampa Public Works Department, the plan has been put forward to organize an open space for th...
These are the foreign currency exchange rates fixed for Monday
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Monday. According to the determined exchange rate, the buying rate of one US dollar is 145 rupees 28 paisa and the selling rate is 145 rupees 88 paisa. Sim...
What is the exchange rate of foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate h...


