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
National Life Insurance 15.1 million contribution to the Divine Disaster Relief Fund
Kathmandu. National Life Insurance Company Limited has provided financial assistance of Rs 1.51 million to the Prime Minister's Divine Disaster Relief Fund for the relief, reconstruction and economic recovery of the citizens affected by the severe...
New records are constantly being made in the price of gold and silver, how much has it reached today?
Kathmandu. The price of gold and silver has increased in the Nepalese market on Sunday. Today, the price of gold has increased by Rs 1,300 per tola. According to the Nepal Gold and Silver Dealers Federation, 270 thousand 600 rupees have been fixed...
The oil tanker turned back midway when the Hormuz waterway was completely closed
Kathmandu. After the cease-fire between the United States and Iran, the situation worsened again, and Iran has completely closed the Strait of Hormuz waterway, which is considered important for oil imports. Iran has taken this step in response to...
Genji Movement: Payment of over five billion claims for physical and other damages
Kathmandu. Out of the insurance claims for physical and other damages during the Zenji movement, Rs. 5.18 billion has been paid to the insured so far. The Nepal Insurance Authority issued a press release today and said that out of a total of 3,303...
Gold prices modestly rise, silver sets new record
Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by Rs 700 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold...
Vice-Chancellor, Principal and Registrar resigned
Kathmandu. The top officials of Tribhuvan University, the country's oldest and largest educational institution, have collectively resigned from their posts.
Vice-Chancellor Prada Deepak Aryal, Principal Prada Khadg KC and Registrar Prada Ked...