Latest Banking News | Regarding Concession of Bank Interest Rate

Due to the impact of the Corona virus (Covid-29), the interest rate concession demanded by the private sector is not immediately available. Corona said the private sector was demanding a concession of interest rate, adding that there was an increased risk of collapse in the industry.

Nepal Rastra Bank has said that no immediate action will be taken for this. According to the Rastra Bank, Corona has been prepared to circulate the loan loan for interest-free loans and interest payments without delay of one month.

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