KATHMANDU: The US dollar has reached a new high against the Nepali rupee. Nepal Rastra Bank set the dollar’s buying rate at Rs 145.35 and the selling rate at Rs 145.95 on Wednesday. This is the highest level recorded so…

KATHMANDU: Vehicle purchases through bank and financial institution loans have increased in the first four months of the current fiscal year 2025/26 (mid-July to mid-November), according to Nepal Rastra Bank (NRB). NRB data released on Monday shows that hire-purchase lending…

KATHMANDU: Nepal Rastra Bank (NRB) has tightened rules on vehicle and other retail loans, requiring banks and financial institutions to continuously monitor borrowers’ debt-to-income (DTI) ratios throughout the loan period. In a circular issued on Monday, the central bank directed…

KATHMANDU: Nepal Rastra Bank (NRB) has revised its regulations regarding motor vehicle imports. Issuing a directive to licensed banks and financial institutions on Thursday, the central bank prohibited the import of vehicles that do not meet the new emission standards…

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…