NRB Issues 1st Quarterly Review of Monetary Policy (Full Script)

Dec 08, 2023 11:35 AM Merolagani

Nepal Rastra Bank (NRB) has issued first quarterly review of Monetary Policy of the current FY.

In the review, NRB has cut the policy rate. By cutting down the policy rate to 5.5 percent and bank rate to 7 percent, the bank has  encouraged banks and financial institutions (BFIs) to deduct their interest rates.

Moreover, the central banks has set the weighted risk of real estate loans and margin lending above Rs 5 million issued by BFIs at 125  percent.

Below is the full script of the review.

 


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