Monetary Policy to promote mega merger between banks and financial institutions

KATHMANDU: The meeting of the Board of Directors of Nepal Rastra Bank (NRB) has passed the monetary policy for the current fiscal year. Governor Maha Prasad Adhikari will unveil the monetary policy today at 4pm.

According to NRB sources, this year’s monetary policy will continue to provide concessions to Covid-affected entrepreneurs.

In addition, the central bank will introduce a policy to encourage big mergers in the monetary policy this time. However, no force merger policy will be adopted, as per NRB sources.

Fiscal Nepal |
Friday August 13, 2021, 12:08:35 PM |

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