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
Naima's request to the government - automobile sector should be recognized as a 'necessity' and not a 'luxury'
Kathmandu. The delegation headed by Ritu Singh Vaidya, President of Nepal Automobile Importers and Manufacturers Association Naima, Finance Minister Dr. Swarnim Wagle met with and presented detailed suggestions for policy and systemic reforms rela...
With a double-digit decline in the NEPSE, all sub-sectors declined except for hotels and tourism
Kathmandu. On Tuesday, the second trading day of the week, the stock market also fell. The NEPSE index, which closed down on Monday, continued the same trend on this day as well and dropped by 17.91 points to 2807.31 points. Along with the NEPSE i...
Nepal gave three and a half million US dollars for the reconstruction of two religious places in Myanmar
Kathmandu. The Government of Nepal has provided 350,000 US dollars to the Government of Myanmar for the reconstruction of two religious heritage sites in Myanmar that were damaged by the powerful earthquake of last March.
Ambassador of Nepal...
The stock market closed down with normal numbers, "positive circuit" in 4
Kathmandu. On the first trading day of the week, there was a general decline in the stock market. NEPSE index decreased by 4.18 points to 2833.60 points. Although 20 million more shares were traded, the turnover was 8 billion 66 million rupees.&nb...
Share price increase of five companies, how much has increased?
Kathmandu. On the first day of the week, i.e. Sunday, the stock market fell by double digits. Today, the NEPSE index decreased by 26.51 points to 2649.52 points. Share prices of 45 companies from different sectors have...
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...