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
What is the foreign currency exchange rate on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate ha...
As the price of gold and silver continues to rise, how much has it reached per tola today?
Kathmandu. The price of gold has increased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Dealers, compared to Friday, the price of gold tola has increased by 2800 rupees and has remained at 270 thousand 60...
What is the currency exchange rate of which country today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 147 rupees 84 paisa and the selling rate is 148 rupees 44 paisa. Simila...
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...
Unseasonal rain in Morang has reduced paddy production, farmers are worried
Morang. In terms of rice production, Morang district, which is considered to be the best in the country, has seen a decrease in rice production this year due to unseasonal rains. Compared to last year, the production o...
NMB Bank launches new cross-border service for Nepal-India remittance
Kathmandu. NMB Bank Limited has launched a new 'Indo-Nepal Remittance' service to send money easily and quickly from Nepal to India. Launched in collaboration with Nepal Clearing House Limited, this service will now make it safer and easier than e...