Nepal Rastra Bank has initiated the circulation of new notes starting from Monday, resulting in a surge of customers at banks. With the aim of facilitating celebrations for Dashain, Tihar, and Chhath festivals, the bank has started a new note exchange service. This year, banks have also introduced a QR code service to enhance efficiency. […]
Central Bank circulates new notes for festival season Read Post »
Nepal Rastra Bank (NRB) is preparing the Monetary Policy for 2020-21 which focuses on bringing down the interest rate on loan and restructure loan procedures. It has been reported that various measures will be introduced through the Monetary Policy which will bring interest rate on loan to single digit – at around nine percent. In
NRB considers bringing down loan interest to single digit Read Post »
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