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Explained: Major Highlights of NRB's New Policy Revision for Banks and Financial Institutions

Nepal Rastra Bank has issued a circular to implement the policy provisions mentioned in the quarterly monetary policy review. The provisions and effects of this circular are as follows: 1. The personal loans of debtors with income sources from the extreme and moderately affected areas can also be restructured and rescheduled. This has brought relief to the customers of personal loans and will also facilitate the banks in managing bad loans. However, banks may not want to use this provision as m... Read More

NEPSE loses 22.7 points on the last trading day of the week; Microfinance stands as the only sector that gained today

The NEPSE index lost 22.7 points and closed at 2,032.51 today. The index opened at 2,058.72 today and made the intraday-high at a slightly higher level of 2,059.80. The intraday-low at 2,025.19 is also only a few points lower from the day's close. 14,114,460 shares traded hands via 61,604 transactions. Trading of 195 scrips brought the total market turnover to a little over Rs. 6.76 Arba. This is higher than yesterday's turnover of Rs. 5.14 Arba. Read More