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44 Banks and Financial Institutions seek NRs. 72 billion refinancing from Nepal Rastra Bank

44 Banks and Financial Institutions seek NRs. 72 billion refinancing from Nepal Rastra Bank

Kathmandu. Nepal Rastra Bank has received applications from 44 banks and financial institutions for refinancing. The amount for refinancing amounts to NRs. 72 billion. Due to the COVID-19 pandemic, Nepal Rastra Bank (NRB) has decided to provide loans with a 5% interest rate through its monetary policy. The step was taken to provide relief to

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