Nepal central bank considering policy to bring down interest rates.

BANKING AND CREDIT NEWS-July 3, 2020--Nepal central bank considering policy to bring down interest rates

(C)2020 M2 COMMUNICATIONS http://www.m2.com

Global Banking News - 03 July 2020

The Nepal Rastra Bank (NRB), the nation's central bank, is considering plans to formulate monetary policy for 2020-21 with the intention of bringing down interest rates and restructuring loans.

The apex bank said that measures are being initiated to bring down interest rates on loans to single digits, 9 percent for now. Monetary policy is also...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT