RBI Policy May Help Nepal Firms Get Additional Financing, Local Experts Reckon
Kathmandu: The Reserve Bank of India’s (RBI) decision to allow certain Indian banks to lend to residents of Nepal, Bhutan, and Sri Lanka in Indian rupees could offer new financing alternatives for Nepali businesses, some of the country’s leading experts believe. On October 1, the RBI announced that it would allow Authorised Dealer (AD) banks…
