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
9.43 points decline in NEPSE, turnover of 8.92 billion
Kathmandu. On the third trading day of the week, NEPSE index increased by 9.43 points to 2705.38. During the day, 201,641,883 shares of 324 companies were bought and sold, and 8,923,600,000 shares were traded. Today, while the share price of 82...
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...
First Quarterly Review of Monetary Policy: Increase in Overdraft and Microfinance Credit Limits
Kathmandu. Nepal Rastra Bank has increased the limit of overdraft and microfinance loans to increase the flow of credit in the banking system. Releasing the first quarter review of the monetary policy of the current fi...
Exchange rate, dollar and euro value stable
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currency for Saturday. According to the updated information published by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 62 paisa and...
What are the foreign currency exchange rates for today?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 06 paisa and the selling rate is 146 rupees 66 paisa. Similarly...
Gold prices moderate, silver continues to set new records
Kathmandu. As the price of gold fell in the Nepalese market on Sunday, the price of silver remained at the highest price ever. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has decreased by 100 rupee...