According to a central bank source, the policy will also focus on expanding banking and financial institutions in remote areas, considering that their failure to cater to the people there.
The policy will also give a priority to the people from remote areas when it comes to providing finance literacy.
NRB is also planning to amend provisions for the investment in the housing sector though it has not made any changes in the share market, the source added.
The policy also aims to promote the merger of banks and financial institutions, and the opening of new remittance companies to legally channelize remittance inflow.
And the policy will also allow increasing the transaction limit for the microfinance development banks, which are focusing on the underprivileged classes.
These banks will also be allowed to invest on small-scale enterprises. Currently there is a legal provision to invest up to Rs 90,000 for the underprivileged groups.
A NRB source said that it will increase the investment amount to enhance the capacity of small entrepreneurs. "The policy will focus more on programs that promotes self employment and poverty alleviation," the source added.
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