Nepal Chamber of Commerce denounces recent monitory policy of Rastra Bank; expresses reservations over NRB’s high-handedness in credit growth
Nepal Chamber of Commerce has denounced the recently floated Monitory Policy of Nepal Rastra Bank terming it to be the narrow-minded one in terms of business growth.
Issuing the media statement, the chamber has criticized the new policy of the central bank to put a tight restriction on the expansion of the lending facility by the financial institutions to businesses due to which the national economic growth prospect will take a hit with the massive increase in the inflation rate.
