Nepal Rastra Bank has unveiled the monetary policy for fiscal year 2018-19. The Monetary Policy among others reduced Cash Reserve Ratio (CRR) to four per cent for commercial and development banks from six and five percent.
Nepal Rastra Bank has unveiled the monetary policy for fiscal year 2018-19. The Monetary Policy among others reduced Cash Reserve Ratio (CRR) to four per cent for commercial and development banks from six and five percent. Statuary liquidity ratio 10 per cent, 8 per cent and seven per cent to commercial banks, development banks and finance companies, respectively from 12, 9 and 8 per cent respectively.
For details about the highlights of Monetary Policy, click on download.