Resumption of interest subsidy on subsidized loans, payment of Rs. 10.58 billion by Rashtra Bank
-
Media Baaji
- Mon, 20 October 2025
Kathmandu. Nepal Rastra Bank has paid 10.58 billion rupees to 50 banks and financial institutions for concessional loan interest subsidy. The government has resumed the payment of the subsidy, which was stopped due to the abuse of concessional loans, after one year. After the formation of the new government, the Ministry of Finance released 9.80 billion rupees on October 5. According to the National Bank, the subsidy was paid on Wednesday after the data verification process was completed after the funds were received from the Ministry of Finance.
The government has been providing subsidized loans in various sectors such as youth self-employment, agriculture, education, tourism, and the underprivileged. There is a provision that the government will bear a part of the interest on this loan as a subsidy.
Express
Related News
More than 2.7 million smart licenses were sent to the offices for distribution
Kathmandu. The Transport Management Department has completed the printing of driver's license (Smart License) which has been stopped for the past four years and has accelerated the distribution process.
The department issued a statement and...
Increase in the price of petroleum products
Kathmandu. The price of petroleum products has decreased. With the Indian Oil Corporation sending new prices on Sunday, when the Nepal Oil Corporation adjusted the prices, the prices of diesel and kerosene have decreas...
Double-digit decline in NEPSE, turnover of 4.52 billion
Kathmandu. On the first trading day of the week, NEPSE index decreased by 19.92 points and remained at 2595.10. During the day, 12999334 shares of 345 companies were bought and sold, resulting in a turnover of 4.5287 billion shares. Today, while t...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 84 paisa and the selling rate is 147 rupees 44 paisa. Similarly,...
The line of Shivam Cement Industry in Hetaunda was cut
Hetaunda The electricity line of Shivam Cement Industry in Hetaunda sub-metropolitan ward number-16 Hatia has been cut. In the past, the Nepal Electricity Authority cut off the line of Shivam Cement Industry due to non-payment of premium tariff by...
The upcoming budget will focus on economic transformation: Finance Minister Dr Wagle
Kathmandu. Finance Minister Dr Swarnim Wagle has said that the budget to be presented on May 15 will focus on economic transformation. Finance Minister Wagle clarified the government's opinion on the current economic, political and contemporary is...