KATHMANDU: Nepal Rastra Bank has continued to introduce flexible measures to support economic activity, but the central bank has kept its policy on the automobile sector largely unchanged over the past year. Since the last fiscal year, the central bank…

KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) has urged the Nepal Rastra Bank and the Ministry of Finance Nepal to increase the loan-to-value (LTV) ratio for vehicle hire-purchase loans from the current 60 percent to a maximum of…

KATHMANDU: Demand for vehicle purchase loans has increased sharply in the first half of FY 2025/26 (mid-July 2025 to mid-January 2026). Hire purchase lending for vehicles has grown at a much faster pace compared to overall credit expansion. According to…

KATHMANDU: Buying a car through bank financing has become significantly cheaper as Nepal’s banking system records its lowest loan interest rates on record. According to data tracked since mid-February 2012, when Nepal Rastra Bank began publishing monthly average lending rates,…

KATHMANDU: Nepal Rastra Bank (NRB) has directed banks and financial institutions to restrict cash transactions above Rs 500,000, effective January 15. The central bank said the limit will be enforced from January 15 for all goods and services. Under the…