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
NEPSE fell by 27.59 points, trading fell to 6.69 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 27.59 points and remained at the point of 2614.55. During the day, 1 crore 59 lakh 89 thousand 430 shares of 324 companies were bought and sold, and 6 billion 69 crore 9...
NEPSE welcomes election results, trade closes with six percent increase
Kathmandu. Today's trading has been closed with the third consecutive positive circuit in the Nepal Stock Exchange NEPSE index. Today, the NEPSE index increased by 162.93 points to 2,875.43 points. This is an increase of six percent. On the first...
Yoyo Plywood Industry of Kohalpur closed, more than 600 workers unemployed
left Yoyo Plywood Industries Pvt Ltd located in Kohalpur Municipality-14 of Banke has been closed for the last three months and more than 600 workers working there have become jobless. The workers' jobs were taken away...
Aviral Hydropower to launch IPO
Kathmandu. Aviral Hydropower Company Limited is going to issue an IPO. The company has called the first annual general meeting on May 16 with a proposal to issue an IPO for the general public.
The meeting will start from 11 am at the registe...
Shop-shop raids to prevent artificial scarcity and price hike of gas
Kathmandu. District Administration Office Sunsari has conducted random monitoring of various gas shops in Inaruwa market. The monitoring committee's coordinator Krishna Subedi informed that the administration has intensified the monitoring after t...
The new interest rate of commercial banks for the month of Baisakh has been announced, who's how much?
Kathmandu. The new interest rates announced by the commercial banks for the month of April have indicated a slight decline in deposits. Compared to Chait, the average interest rate of both personal and institutional deposits has decreased in Baisa...