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NRB asks BFIs to waive penal interest on loans that cross the due date for payments

KATHMANDU: Nepal Rastra Bank (NRB) has asked banks and financial institutions (BFIs) not to take penal interest from the borrowers for the next one month from the date that the outstanding loans have been pending. Materializing the provision that it enforced through the mid-term review of the Monetary Policy...

NRB asks BFIs to waive penal interest on loans that cross the due date for payments
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