Rastriya Swatantra Party MPs Question Governor on Credit Growth and Regulation

Kathmandu. In a discussion held in the Finance Committee of the House of Representatives on Friday, MPs from the ruling party Rastriya Swatantra Party (RSP) demanded an explanation from Nepal Rastra Bank Governor Dr. Bishwanath Poudel regarding why credit expansion has shrunk despite ample liquidity in banks and declining interest rates.

They questioned the Governor, asking if the private sector's morale has not improved due to excessive regulation by the central bank, even with a two-thirds majority government that has introduced a private sector-friendly budget and policy reforms.