News

Car loans cheaper now: 9 banks cut base rates below 5%

KATHMANDU: Buying a new vehicle through a bank loan has become more affordable as commercial banks continue to lower their base rates, allowing borrowers to access auto loans at some of the lowest interest rates in Nepal’s history. With lending…
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India proposes mandatory cybersecurity rules for software-defined vehicles

KATHMANDU: India’s Ministry of Road Transport and Highways has proposed mandatory cybersecurity and software update management rules for software-defined and highly automated vehicles. The move marks the country’s first regulatory framework to address cyber risks in connected vehicles, according to…
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ADB to back Nepal’s tourism road infrastructure development

KATHMANDU: The Asian Development Bank (ADB) has expressed its commitment to supporting the development of Nepal’s tourism road infrastructure. The commitment came during a courtesy meeting between Prime Minister Balendra (Balen) Shah and ADB President Masato Kanda on Tuesday. The…
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NRB to relax lending norms for big electric public vehicles

KATHMANDU: Nepal Rastra Bank (NRB) has announced a policy to make financing easier for large electric vehicles used as public transport. Governor Dr. Bishwo Nath Poudel made the announcement while unveiling the Monetary Policy for FY 2026/27 on Tuesday. Under…
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NRB’s new monetary policy: flexible stance, eight big moves

KATHMANDU: Nepal Rastra Bank (NRB) has continued its flexible monetary policy for the fiscal year 2026/27, aiming to support economic growth and improve financial stability. Governor Bishwo Nath Poudel announced the new monetary policy on Tuesday. He said the central…