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 price of gold increased on Tuesday, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 1 thousand 600 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 300 rupees per t...
The price of petroleum products from India has increased, the price of gas and petrol has remained the same
Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. After Indian Oil Corporation sent the new price of petroleum products, Nepal Oil Corporation has adjusted it. Accordingly, per liter petrol has increased by Rs 0.12, di...
Rashtra Bank circular for implementation of the new system
Kathmandu. Nepal Rastra Bank has issued a circular to the banks and financial institutions for the implementation of the new arrangements made through the first quarter review of the monetary policy of the current fina...
Heavy fall in the price of gold, how much per tola on Thursday?
Kathmandu. The price of gold has fallen drastically. The gold tola has fallen by 5 thousand 500 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 285,000 rupees per tola today.
On the other h...
The price of gold increased, how much is the transaction?
Kathmandu. The price of gold and silver has increased in the local market today. Compared to Monday, the price of both metals increased. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is 290 thous...
Construction permission for 10 hydropower projects till mid-October
Kathmandu. The Electricity Development Department has granted construction permits to a total of 10 hydropower projects in the first quarter of the current year. The total capacity of that project is equal to 241.50 megawatts. The department has g...