The monetary policy for the upcoming fiscal year has been officially announced.

 Kathmandu, July 11

The Nepal Rastra Bank (NRB) has announced the monetary policy for the upcoming fiscal year 2082/83 (2025–26). Central Bank Governor Dr. Biswo Nath Poudel said the policy is designed to be flexible but has been introduced with caution.

Key points of the new policy include:

  • The bank rate (the highest interest rate within the interest rate corridor) has been reduced to 6%, down from 6.5%.

  • The policy rate, which guides general interest rates in the economy, has been lowered to 4.5% from 5%.

Other changes include:

  • The loan limit for building or buying private homes has been raised from Rs 2 crore to Rs 3 crore.

    • For first-time homebuyers, banks can lend up to 80% of the property’s value.

    • For others, the limit is 70%.

  • The maximum personal loan against shares has increased from Rs 15 crore to Rs 25 crore.

  • The foreign currency carrying limit for Nepalis traveling abroad has been increased from USD 2,500 to USD 3,000.

  • The NRB has set a target to increase private sector lending by 12% in the next fiscal year.

The policy also includes plans to approve and implement the second financial sector reform strategy to strengthen the country’s financial system.

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