Friday Nov 22, 2024
Friday Nov 22, 2024

NRB's concession to small businesses


Nepalnews
2023 Feb 10, 12:30,

Nepal Rastra Bank (NRB) has given concessions to small businesses. Through the semi-annual review of the monetary policy, Nepal Rastra Bank has said up to 20 million active loans taken in December 2022 can be restructured and rescheduled till the end of September 2023 after analyzing the cash flow and income of the industry and business.

Entrepreneurs running small and medium businesses are going to benefit from this. This facility given on loans from banks and financial institutions is to facilitate their industrial and business operations.

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Nepal Rastra Bank small businesses Monetary policy
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