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
Gold and silver prices are at an all-time high
Kathmandu. On Monday, the price of both gold and silver was the highest ever. The Nepal Gold and Silver Business Federation has fixed the price of gold at 261,700 rupees per tola on this day. Which price is 3 thousand 400 rupees more than the prev...
LIC Nepal's 4th unity Convention concluded
Rabindra Lamichane (Nabin)
Mediabaaji.com Kathmandu, November 21. LIC Nepal's 4th unity Convention is concluded Ending the long-standing dispute and tug-of-war...
Huge price hike in petroleum products
Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has informed that the prices of diesel, kerosene and jet fuel have been increased internally with effect from today. According to the new price list, d...
What is the former king in India doing in the discussion for more than a week on the security of the governor?
Kathmandu. Former King Gyanendra Shah is currently in India. The former king, who is in Siliguri, India, reached Siliguri via Damak on 2nd of January. There is no indication that Purvaraja will return in 1-2 days. It is not clear how long the form...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...
Now the Nagadhunga tunnel will be operational
Kathmandu. Nagadhunga-Sisnekhola tunnel has reached the stage of operation. This project, built with the aim of making travel between Dhading and Kathmandu easier and faster, is expected to make a significant leap in the country's transport infras...



