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Supreme Court scraps 60% EV loan cap, orders policy review at Nepal Rastra Bank

KATHMANDU: The Supreme Court has overturned Nepal Rastra Bank’s recent policy that reduced the loan limit for electric vehicles (EVs), ruling that the move discouraged the promotion of environment-friendly transport and directing the government to adopt a stable and incentive-based policy framework. A joint bench of Justices Binod Sharma...

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