KATHMANDU: Hire purchase loan investments by banks and financial institutions increased by 4.1% over the first nine months of the current fiscal year 2024/25. According to a recent data from the Nepal Rastra Bank (NRB), banks and financial institutions invested…

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,…