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
Kimathanka Arun hydropower project will be built with indigenous capital, investment modality decided
Kathmandu. The investment modality has been decided to build the Kimathanka Arun semi-reservoir hydropower project with a capacity of 454 MW identified in Bhotkhola rural municipality-2 of Sankhuwasabha with indigenous capital. The estimated cost...
Fall in the price of gold and silver, how much is the transaction going on today?
Kathmandu. The price of both gold and silver decreased in the Nepalese market on Thursday. Today, the price of gold has decreased by 2 thousand rupees per tola. According to the Federation of Nepal Gold and Silver Dealers, the price of printed gol...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 78 paisa and the selling rate is 145 rupees 38 paisa. Similarly,...
In the construction of the building, bribes and employees including the engineer in the trap of the authority
Biratnagar. The Commission for Investigation of Abuse of Authority has arrested three persons in connection with bribery related to building construction in Dhankuta and Bhojpur districts. According to the authority, engineer Suman Rai, accounting...
Dedicated trunk line dues dispute: Time given by authority expires today
Kathmandu. The last time given by Nepal Electricity Authority to pay the outstanding amount of dedicated and trunk line is ending today. According to the installment facility provided by the authority to the industrial...
Fall in the price of gold, now how much per tola?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 400 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 84 thousand 400 per tola today....