KATHMANDU: Nepal Rastra Bank (NRB) has extended the deadline for loan repayments by borrowers and businesses affected by floods in the Bhotekoshi and Budhi Gandaki river areas. The central bank has directed banks and financial institutions to allow eligible borrowers…

KATHMANDU: Nepal Rastra Bank Director Satyendra Subedi said he does not see a major risk of a credit bubble from auto loans at present. Speaking at the “Mobilizing Mobility Through Finance and Insurance” program organized by the Nepal Automobile Importers…

KATHMANDU: Nepal Rastra Bank (NRB) has increased the maximum loan-to-value (LTV) ratio for large electric passenger vehicles used in public transport to 80%, making it easier for operators to purchase electric buses. The provision has been introduced through NRB’s directives…

KATHMANDU: Nepal’s vehicle financing market has recorded its strongest growth in eight years as lower interest rates encourage more consumers and businesses to purchase vehicles through bank loans. According to the latest data from Nepal Rastra Bank (NRB), banks and…

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…