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 and silver increased, how much per tola on Friday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 2 thousand 700 rupees. According to the Nepal Gold and Silver Business Federation, gold is being bought and sold at 287,400 rupees per tola today.
...
Start of Yarsa collection on Mustang
Kathmandu. Yarsagumba collection has started at various places in Mustang. Yarsagumba collection has started in the upper lake under Kunjo, Kowang and Tukuche conservation area management committee under Thasang rural municipality.
Yar...
Here is the foreign currency exchange rate today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. For today, the buying rate of one US dollar is fixed at 143 rupees 15 paisa and the selling rate is 143 rupees 75 paisa.
Similarly, the buying...
9.23 points increase in NEPSE, turnover above 9 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.23 points to 2714.61. During the day, 10.9 million 75 thousand 756 shares of 332 companies were bought and sold, and 9 billion 73.39 million shares were traded. Today...
The price of chiraito has decreased, farmers are worried
Bhojpur. Farmers here are worried after the price of chiraito, a multi-purpose herb found in Lekali region, has decreased significantly this year. Chiraito, which has become the main source of income for the farmers for the past few years, has dis...
The price of gold and silver decreased, how much is the transaction per tola?
Kathmandu. Today, the price of gold and silver in the local market has fallen somewhat. Compared to Thursday, the price of both has decreased. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is Rs...



