NRB extends Refinance Facility to all Affected Sectors

NRB extends Refinance Facility to all Affected Sectors

NRB amends it's Refinance Guidelines, 2077 for the sixth time to extend its refinance facilities to sectors where a negative growth trend has been observed for two consecutive quarters (this trend is also known as Recession in Economic terms).

The types of Refinance provided to various sectors are as follows:

  1. Small, Medium and Cottage industries (n3', 3/]n' tyf ;fgf pBf]u k'g/shf{)
  2. Agriculture and Productive Sector (s[lif tyf pTkfbgzLn If]q k'g/shf{)
  3. Import refinance (lgof{t k'g/shf{)
  4. Industries & business affected by Natural Disaster/pandemic (k|fs[lts k|sf]k÷dxfdf/L k|efljt pBf]u Joj;fo k'g?Tyfg k'g/shf{)
  5. Special refinance -ljz]if k'g/shf{_

Extract from NRB Refinance Procedure, 2077

Whereas the seasonally adjusted growth rate of Country's Quarterly GDP by economic activities is presented below:

https://assets-cdn.kathmandupost.com/uploads/source/news/2023/money/InfographicsMoney-1682865106.jpg

Amended refinance Guideline can be found by clicking HERE.