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Auto Loan: NRB cutting down payment to 20% for all vehicle types

KATHMANDU: In a bid to restore consumer confidence shaken by the recent Gen Z protests, the government is preparing to ease auto loan provisions by reducing the mandatory down payment to 20% of a vehicle’s price. The Nepal Rastra Bank…
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Monetary Policy failed to address our concerns: NADA

KATHMANDU: The NADA Automobiles Association of Nepal has expressed dissatisfaction with the Monetary Policy for 2025/26, stating that it largely ignores the concerns and suggestions of the country’s auto industry. Issuing a press statement on Friday, NADA said the new…