$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20200427094316_1587937549.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20200427094316_1587937549.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20200427094316_1587937549.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20200427094316_1587937549.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2020-04-27 09:42:35'
$dateFromDatabase = (int) 1587959855
$newDate = 'Apr 27, 2020'
$articleView = array(
'article_id' => '11991',
'hit' => '1014'
)
$word_count = (int) 577
$time_to_read = (float) 2.89
$time_to_read_min = (float) 2
$time_to_read_second = (float) 53
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.
Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65th anniversary of the central bank on Sunday (April 26).
According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.
“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.
The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.
Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.
He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.
According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown.
He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.
“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '11991',
'article_category_id' => '1',
'title' => 'NRB Announces Concession on Interest Rates',
'sub_title' => '',
'summary' => 'April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. ',
'content' => '<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year. The central bank has also said that the deadline for payment of loans can be extended during the lockdown period.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Newly appointed Governor of Nepal Rastra Bank Maha Prasad Adhikari made such announcement while unveiling a six-point decision taken by the central bank to address the financial crisis created due to the lockdown imposed to contain the spread of coronavirus. NRB Goverrnor Adhikari made the announcement during the 65<sup>th</sup> anniversary of the central bank on Sunday (April 26).</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to officials at the central bank, preparations are underway to avail the sectors affected by coronavirus with working capital loan. The central bank is also working to amend the work procedure on renewal of loan.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“NRB will amend the work procedure on renewal of loan to facilitate the small and medium-scale enterprises, tourism industry and other sectors badly affected by coronavirus,” said Adhikari.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">The NRB governor said that the central bank will increase the fund for renewal of loan as per the requirement. The fund currently stands at Rs 60 billion. It may be noted that the NRB had recently increased the fund for renewal of loan from Rs 50 billion to Rs 60 billion.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">Adhikari further said that the central bank will take appropriate measures to facilitate the flow of loans from the banking sector.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He said that preparations are underway to reschedule or restructure the loan provided to the sectors affected by coronavirus.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">According to Adhikari, the central bank is closely studying the impacts on the country’s economy due to the lockdown. </span></span></span></p>
<p> </p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">He was of the view that the cost factor and timeframe of big projects would increase due to the disruption in supply of construction materials.</span></span></span></p>
<p><span style="font-size:20px"><span style="font-family:Times"><span style="font-family:"Arial Unicode MS"">“The disruption in supply chain is expected to increase the cost of big projects and extend their deadline,” said Adhikari, adding, “Although we do not have the exact figures regarding the impact of coronavirus on the economy at the moment, we have been making efforts to minimize the effects and to bring the economy back on track.”</span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2020-04-27',
'modified' => '2020-04-27',
'keywords' => '',
'description' => '',
'sortorder' => '11741',
'image' => '20200427094316_1587937549.jpg',
'article_date' => '2020-04-27 09:42:35',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '11991',
'hit' => '1014'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
