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

Gold increased by 7,200 rupees in one day, silver also became expensive!

Kathmandu. The prices of both gold and silver have increased significantly in the local market today. Compared to Thursday, the price of gold has increased by 7,200 rupees per tola, while the price of silver has also increased by 165 rupees per to...

Today, the price of gold increased by 5 thousand 200 rupees, how much for silver?

Kathmandu. The price of gold and silver has increased in the Nepali market on Tuesday. Today, the price of gold has increased by 5 thousand 200 rupees per tola. According to the Federation of Nepal Gold and Silver Deal...

Bamjan Acquitted in Money Laundering Case

Kathmandu: The Sarlahi District Court has acquitted Ram Bahadur Bamjan, known as the Little Buddha, in a money laundering case. On Baisakh 8, a bench led by Judge Mahendra Raj Kafle ruled that the charges in the case were not substantiated and dec...

20.75 points decline in NEPSE, turnover of 8.36 billion

Kathmandu. On the second trading day of the week, the NEPSE index decreased by 20.75 points to 2642.15. During the day, 25 million 559 thousand 55 shares of 354 companies were bought and sold, and 8 billion 36 million 44 million shares were traded...

Applications for the post of Chairman of the Securities Board are open

Kathmandu. Applications have been opened for filling the post of Chairman of Nepal Securities Board Sebon. The Ministry of Finance has issued a notification calling upon eligible Nepali citizens to submit personal details and biodata within seven...

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

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 143 rupees 52 paisa and the selling rate is 144 rupees 12 paisa. Similarly,...