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 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,…