Central Bank Raises NPL Limit to 8%: Impact on Banks and Industry Concerns

Kathmandu – Nepal Rastra Bank (NRB) has set a new limit for non-performing loans (NPLs) for banks and financial institutions. The central bank announced this decision while issuing a notice on Sunday regarding the investment of NPR 479 million from various funds into fixed deposits of banks and financial institutions. Previously, NRB had maintained the…