Kathmandu, July 7: The broad money supply growth rate reached 15.2 per cent till mid-April of the current fiscal year.
The annual review report of the monetary policy of the current fiscal year 2025/26 released by the Nepal Rastra Bank today mentioned that loan inflow towards the private sector was limited to 6.5 per cent.
The central bank has projected that the broad money supply would grow 13 per cent and loan towards the private sector by 12 per cent in the fiscal year. The average inflation of the first 10 months of the current fiscal year remained 2.66 per cent as well as a target was set to maintain average consumer inflation within five per cent for the current fiscal year.
According to the NRB, year-to year consumer inflation stood at 5.04 per cent point from in May 2026.
Though the monetary policy for the current fiscal year 2025/26 had set a target to maintain foreign exchange reserves sufficient to cover at least seven months of imports of goods and services, the reserves is sufficient to cover two months of imports of goods and services, reads the report.
The current fiscal year’s monetary policy maintained the weighted average interbank rate as the operational target of monetary policy and provided for the continuation of automated and rule-based open market operations.
The central bank stated that during the review period, open market operations and interest rate corridor instruments were mobilized as per the need, keeping an average interbank rate as an operating target.
A target was set to facilitate the existing provision of blacklisting due to check bounce through monetary policy, the study on the matter was underway, according to NRB.
Similarly, necessary amendment was made to the Guideline related to Electronic Lending (Digital Lending), 2078 BS for the implementation of the provision of loan flow by banks and financial institutions based on costumer credit score and issued on June 8, 2026.
