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Interaction Program on Current Issues and Monetary Policy – Karnali Province

Nepal Bankers’ Association (NBA) Karnali Province Committee successfully organized an “Interaction Program on Current Issues and Monetary Policy” in Surkhet. The program aimed to gather feedback and foster stronger collaboration, and to promote economic resilience and inclusive growth.

The session brought together officials from Nepal Rastra Bank (NRB), representatives of the Surkhet Chamber of Commerce and Industry, local business communities, and representatives from member banks.

The program was inaugurated by NBA Karnali Province Coordinator who underscored the importance of sustained dialogue between central and provincial stakeholders in addressing emerging financial challenges and tailoring monetary tools to regional realities.

The Province Heads from Karnali shared various policy recommendations including – stressing the need to enhance access to finance in remote areas, establishing Asset Management Company for NPA resolution, among others. The session also emphasized the urgency of accelerating case settlements at the Debt Recovery Tribunal to support timely recovery. Digital financial inclusion was a key focus, with proposals for a nationwide digital-literacy initiative, lowering transaction costs, simplified online lending processes, and immediate linkage of KYC data with the national ID. Further suggestions included introduction of crop-backed financing products and digitization of mortgage-related procedures.

The Chief Guest of the program Mr. Rajan Prasad Regmi, Deputy Director, NRB emphasized the regulator’s commitment to support economic development through responsive policy measures and engagement.

Concluding the program, NBA Committee Coordinator expressed appreciation to NRB, the Chamber of Commerce, participating institutions, and all stakeholders for their active engagement and valuable insights.