News

NADA organizes training on occupational safety

KATHMANDU: The NADA Automobiles Association of Nepal, in collaboration with the Enhanced Skills for Sustainable and Rewarding Employment (ENSSURE) Project, conducted a two-day training on occupational safety and health for people involved in the automotive industry in Kathmandu on May…
News

Auto finance limit slashed to 60% for hire purchase companies

KATHMANDU: Nepal Rastra Bank (NRB) has tightened the loan-to-value (LTV) ratio for vehicle financing by hire purchase companies. As per the revised policy, introduced through the fifth amendment to the Policy and Procedural Framework for Licensing Hire-Purchase Credit Companies, 2013,…