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…

KATHMANDU: Finance Secretary Ghanashyam Upadhyay has expressed concern over the private sector’s limited role in innovation in the automobile sector. Speaking during the ‘Innovative Mobility for Economic Development’ session in the NADA Auto Dialogue organized recently by the by the…