Economy

NRB raises interest rate on refinancing by two percentage points

KATHMANDU: The Nepal Rastra Bank (NRB) has raised interest rate on refinancing by 2 percentage points. Through the fourth amendment to “Nepal Rastra Bank Refinancing Procedure, 2077 BS”, NRB  has allowed banks and financial institutions to raise interest on refinancing by 2 percentage points. Following this amendment by the central...

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