Nepal Rastra Bank has issed Monitary Policy for fiscal year 2019/20. The Monitary Policy has targetted the GDP Growth Rate of 8.5 percent for the coming Year. The Monitary Policy has made it mandatory for commercial banks to issue debentures/corporate bonds amounting to 25 per cent of their paid-up capital by end of the fiscal. To address the liquidity issue, NRB has said provisions will be introduced to allow commercial banks to borrow in convertible currency from foreign institutions, including pension funds and hedge funds.
For details about the highlights of Monetary Policy 2019, click on download.
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