#Monetary Policy 2024/25

Construction entrepreneurs can pay interest on loans by November 2024

Published On: July 26, 2024 02:25 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, July 26: Nepal Rastra Bank (NRB) has extended the deadline for the payment of principal and interest on loans disbursed to construction entrepreneurs till November 2024. 

Revealing the monetary policy for the current fiscal year on Friday, the NRB has extended the deadline for paying the principal and interest on loans to the construction entrepreneurs. 

The NRB has said that construction businesses will not be blacklisted only on the ground of fraudulent cheques until further arrangements regarding creadit information.

 


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