Monday, April 6th, 2026

Collateral-free loans for those with foreign work permits



KATHMANDU: Nepal Rastra Bank (NRB) has announced a new provision to offer collateral-free loans to individuals who have obtained work permits for foreign employment.

In the monetary policy unveiled for the fiscal year 2081/82, Governor Maha Prasad Adhikari stated that the bank has made necessary arrangements to provide these loans based on the assurance that remittances will be sent to the borrowers’ bank accounts.

The policy was officially released by the NRB on Friday.

Publish Date : 26 July 2024 15:38 PM

Reminiscing Last Week: Policies, and Security Operations

KATHMANDU: Last week’s developments in Nepal reflect a moment of

New office timing begins: 9 am–5 pm workweek with two days off

KATHMANDU: From today (April 6), government offices and public bodies

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of

Four major businesses face action

KATHMANDU: The Department of Commerce, Supplies and Consumer Protection has

Trump warns Iran of severe retaliation over Hormuz Strait closure

WASHINGTON DC: US President Donald Trump has issued a strongly