Decoding monetary policy

July 26, 2020 14:00 pm

The Nepal Rastra Bank recently released the monetary policy for the current fiscal year 2020/21. This is the 19th in the series after the Nepal Rastra Bank started to introduce the annual monetary policy in 2002 in line with a provision of the Nepal Rastra Bank Act (2002).

KATHMANDU, July 18: The NRB unveiled its monetary policy for the current fiscal year 2020/21 introducing a number of relief measures for businesses battered by COVID-19. The private sector that has been bearing the brunt of the pandemic had pinned its hope on the monetary policy for revival and recovery.

Energy and agriculture promotion and mergers between banks to get priority

In an interview with Republica’s Sagar Ghimire on Monday, Governor Adhikari discussed the focus of the upcoming monetary policy, plans to provide relief and other facilities to businesses battered by the pandemic, efforts to lower interest rates and measures to safeguard financial stability during the crisis, among others.

KATHMANDU, March 6: Nepal Rastra Bank (NRB) has allowed commercial banks to accept gold as interest-earning deposit which is expected to inject more cash into the market as well as help the banks to maintain their obligation for liquid assets.

KATHMANDU, Mar 4: The Nepal Rastra Bank (NRB) has softened its lending limit for first-time homebuyers giving respite to the manufacturers of construction materials that have been running in under capacity.

Dilemma of Central Banking

January 16, 2020 07:39 am

BEIJING – Low interest rates—both nominal and real—have been a persistent feature of advanced economies since the 1980s. How long, many now wonder, can the trend last?

BEIJING, Sept 24: China’s central bank governor said Tuesday its monetary policy will stay “stable and healthy,” suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth amid a tariff war with Washington.

Nepal Rastra Bank (NRB) issued the monetary policy for the current fiscal year 2019/20 last week. One of the major expectations of the private sector from the central bank’s monetary policy was measures to check the skyrocketing interest rates of bank and financial institutions (BFIs).

KATHMANDU, July 25: Nepal Rastra Bank (NRB) has introduced its monetary policy for the new fiscal year 2019/20, focusing on making liquidity management more efficient and maintaining interest rate stability.

KATHMANDU, July 24: Nepal Rastra Bank has made mandatory provision to possess PAN number for those seeking loans above Rs 5 million.

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KATHMANDU, July 24: Nepal Rastra Bank unveiled Monetary Policy for the Fiscal Year 2019/20 on Wednesday that has paved the way for the establishment of branches of Nepali financial institutions in foreign countries.

KATHMANDU, July 24: Nepal Rastra Bank Governor Chiranjivi Nepal is currently unveiling the monetary policy at a televised press conference from Hotel Radisson in the capital.

KATHMANDU, Feb 20: Nepal Rastra Bank (NRB) has released the mid-term review report of the monetary policy for the current Fiscal Year 2018/19, bringing some measures aimed at checking ultra-high lending rates and availing more lendable fund to the private sector.

China’s difficult balancing act

February 13, 2019 01:50 am

If China fails to ease monetary policy to complement the fiscal stimulus, it risks falling into a trap similar to the one that ensnared its Asian peers in the 1990s.