Nepal Rastra Bank Review Half Yearly Monetary Policy : Special refinancing of hydropower projects

Feb Sun 2021 08:01:54

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Nepal Rastra Bank Review Half Yearly Monetary Policy  :  Special refinancing of hydropower projects

Nepal Rastra Bank has made public the half-yearly review of monetary policy. The review has been made public by making general changes in the previous system.

NRB has added the facility of rescheduling loans. The NRB has said that the industry is still in trouble and will provide one-time rescheduling facility to the debtors.

Similarly, the monetary policy has encouraged electronic payment transactions. The existing arrangements including mandatory cash ratio and statutory liquidity ratio have been kept unchanged.

Necessary arrangements will be made to provide access to special refinancing of hydropower projects smaller than 10 MW.