In the program, Nepal assured that the policy will address problems of national economy as well as financial sector. Informing that the inflation rate is in control since the last two FY, he said that the policy has targeted to achieve 8 percent economic growth and check inflation at 6.5 percent.
Similarly, the cash reserve ratio for BFIs has been capped at 4 percent providing the BFIs the required space for further investment. The BFIs can also borrow 25 percent of their primary capital as loan in Indian Currency.
