Nepal Bankers’ Association (NBA) Lumbini Province Committee, successfully organized “Pre-Monetary Policy Discussion Program” in Butwal. The program was aimed at gathering recommendations for the upcoming Monetary Policy 2082/83 and discuss on the current issues related to banking sector.
Opening the session, Mr. Arjun Bahadur Kandel, Coordinator of NBA Lumbini Province Committee, welcomed the participants and presented an overview of current banking industry. He stressed the need for a forward-looking and accommodative monetary policy to support credit flow and economic stability. He further emphasized the need of loan restructuring and rescheduling to support both banks and borrowers.
The interaction featured insights from Mr. Jeevan Prakash Pandey, Acting Office Head and Deputy Director of Nepal Rastra Bank, Siddharthanagar Office. Discussions during the program covered a wide range of policy concerns. Participants highlighted major issues such as excess market liquidity, low credit demand, declining profit margins and rising burden of non-performing loans. Furthermore, the need for revisiting working capital guidelines, establishing Assets Management Company, reassessment of sectoral risk weights, incentivization of digital banking, and the need to intensify financial literacy campaigns in underserved regions were also discussed upon.
The program was participated by officials from member banks, along with officials from the Nepal Rastra Bank (NRB) Siddharthanagar Office.
