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NRB directs BFIs to halt loan recovery till mid-July

Kathmandu, March 29 Amid businesses affected by the coronavirus seeking relief from the government, Nepal Rastra Bank (NRB) has set moratorium on principal and interest payments till mid-July. Issuing a circular today, the central bank…

BFIs told to halt loan recovery till mid-April

Kathmandu, March 25 As immediate relief to the coronavirus-hit businesses in the country, the government has set a moratorium on principle and interest payments till mid-April. A meeting of the Financial Sector Management and Coordination…