Kathmandu. Nepal Rastra Bank has taken a policy of not increasing the interest rate through the review of the monetary policy of the first quarter of the current financial year. Rashtra Bank, which had put forward the policy of increasing the interest rate through the monetary policy of the current year, withdrew from its policy within four months of announcing the monetary policy.

The National Bank has reduced the current spread rate of 4.4 percent to 4 percent, while the average interest rate difference of development banks and finance companies has also been regulated from 5 percent to 4.6 percent.

Rastra Bank has reduced the spread rate of banks to 4 percent. The previous 4.4 percent has been reduced to 4 percent. The average interest rate difference between development bank and finance company will also be reduced. It is estimated that the profit of the banks will also shrink when the spread rate decreases.

It will be arranged to maintain the average interest rate of commercial banks from 4.4 percent to 4 percent and the average interest rate of development banks and finance companies from 5 percent to 4.6 percent. It is expected that regular monitoring of premium arrangements will be done,' the review of monetary policy states.

Similarly, in view of the pressure on liquidity, if the banks and financial institutions do not provide loans in the designated areas, arrangements have been made to calculate damages from June 2080 on the basis of the end of June 2080.