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
NEPSE welcomes election results, trade closes with six percent increase
Kathmandu. Today's trading has been closed with the third consecutive positive circuit in the Nepal Stock Exchange NEPSE index. Today, the NEPSE index increased by 162.93 points to 2,875.43 points. This is an increase of six percent. On the first...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
Common points rose in the stock market, Nepse at 2641.85 points
Kathmandu. The stock market has increased by normal points. On Tuesday, the NEPSE index increased by 0.79 points and closed at 2641.85 points. According to the Nepal Stock Exchange, shares worth 4 billion 11 million rupees were traded on this day....
Government's decision to give 50% customs tax exemption on import of petroleum products
Kathmandu. The government has decided to provide a 50 percent discount on customs duty and infrastructure development tax on the importation of petrol, diesel and kerosene. Federal Affairs and General Administration Minister Pratibha Rawal has inf...
Aviral Hydropower to launch IPO
Kathmandu. Aviral Hydropower Company Limited is going to issue an IPO. The company has called the first annual general meeting on May 16 with a proposal to issue an IPO for the general public.
The meeting will start from 11 am at the registe...
The Euro and Pound fell modestly today as the US Dollar held steady
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, while the US dollar remained stable, the value of European Euro, UK Pound Sterling decr...