Monetary Policy 2024/2025: NRB lowers bank rate and deposit collection rates
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for fiscal year 2024/2025. The NRB has lowered the bank rate and the deposit collection rate through the new monetary policy.
KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business happenings in Nepal, presented in easily digestible summaries. Nepal Rastra Bank (NRB) has announced its Monetary Policy for Fiscal Year 2024/25, featuring significant changes to enhance economic activity. The central bank has reduced the bank rate from 7% to 6.5% and the policy […]
Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for Fiscal Year 2024/25 today. Through this policy, the central bank of the country has slashed the bank rate and the deposit collection rate. "The upper limit of the bank rate in the interest rate corridor has been maintained at 6.5 per cent from 7 per cent and the policy rate has been fixed at 5 per cent from 5.5 per cent," said the NRB Governor Maha Prasad Adhikari, while unveiling the Policy.
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for fiscal year 2024/2025. The NRB has lowered the bank rate and the deposit collection rate through the new monetary policy.
KATHMANDU: Nepal Rastra Bank (NRB), the central regulatory authority of banks and financial institutions of Nepal, has announced a reduction in the bank rate, central bank policy rate, and deposit interest rates. In its quarterly review of the Monetary Policy for the fiscal year 2023/24, released on Friday, the Central Bank of Nepal decreased the […]
Nepal Rastra Bank (NRB) has made public the monetary policy for the current fiscal year, 2023/24. The central bank through the policy has dropped the policy rate, and kept intact the mandatory cash ratio and the statutory liquidity ratio of banks and financial institutions. Similarly, the bank rate has remained unchanged, and the bidding rate […]