HM Khand, Minister Sharma, Minister Badu have called for the government's intervention saying that the current monetary policy and the interest rates set by banks would invite serious problems to the country's economy.
KATHMANDU: The Nepal Rastra Bank has unveiled the mid-year review of the monetary policy for the ongoing financial year, outlining new measures to regulate interest rates on fixed deposits.
As per the review, the central bank has introduced fresh arrangements to govern the interest rates on fixed deposits and establish an interest rate corridor.
Effective mid-February, the fixed deposit facility will be implemented with a key adjustment concerning institutional fixed deposit interest rates.
In accordance with the policy, the interest rate for institutional fixed deposits will be set one percentage point lower than the rate offered for...
KATHMANDU, July 23: On Sunday, Nepal Rastra Bank (NRB) unveiled the monetary policy for the current financial year 2023/24, making significant adjustments to key interest rates. The policy rate has been reduced from 7 percent to 6.5 percent, a move aimed at stimulating economic growth.
KATHMANDU, July 23: On Sunday, Nepal Rastra Bank (NRB) unveiled the monetary policy for the current financial year 2023/24, making significant adjustments to key interest rates. The policy rate has been reduced from 7 percent to 6.5 percent, a move aimed at stimulating economic growth.
NEW YORK, May 4: The U.S. Federal Reserve on Wednesday raised the target range for the federal funds rate by 25 basis points to 5-5.25 percent, saying that the Fed "remains highly attentive to inflation risks."
As the tenth hike since March 2022, the continuous tighten
KATHMANDU, Dec 7: Home Minister Bal Krishna Khand, Finance Minister Janardan Sharma and Minister for Industry, Commerce and Supplies, Dilendra Prasad Badu have called for the government's intervention saying that the current monetary policy and the interest rates set by banks are going to invite serious problems to the country's economy.
KATHMANDU: Home Minister Balkrishna Khand, Finance Minister Janardan Sharma and Minister for Industry, Commerce and Supplies Dilendra Prasad Badu have called for government’s intervention saying that the current monetary policy and the interest rates set by banks would invite serious problems to the country’s economy. Home Minister Khand said he put forth the view that […]
