Kathmandu. Nepal Rastra Bank (NRB) has unveiled its monetary policy for the current fiscal year.
Nepal Rastra Bank (NRB) Governor Bishwanath Poudel unveiled the monetary policy today. In the monetary policy, the limits of the interest rate corridor have been reduced.
Similarly, more provisions have been made through monetary policy for the improvement of the banking sector. According to this, the asset quality of commercial banks has been evaluated.
Through the monetary policy, the limit of single customer loan on share mortgage has been increased to Rs 250 million. Earlier, it was Rs 15 crore.
Similarly, the monetary policy has also opened the way for banks and financial institutions to invest in the bonds brought by the agencies established by the government for the purpose of investors in the infrastructure sector.
This is monetary policy
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