NRB Maintains Key Monetary Policy Rates With Emphasis on Expanding Credit Flow to Production Sector
Summary
Nepal Rastra Bank has maintained existing monetary policy rates and introduced measures to expand credit to production sectors including tourism and IT, while facilitating foreign investment and encouraging electronic payments.
Key Points
- Nepal Rastra Bank kept key monetary policy instruments unchanged in the mid-year review for fiscal year 2082/83.
- Credit flow will be expanded to production-oriented sectors including tourism, information technology, and export-oriented industries.
- Banks can now determine working capital loan tenure based on borrower's cash flow and financial statements.
- Foreign investment facilitation will be provided for infrastructure projects such as data centers and AI labs.
