Automobile dealers have staged a protest at Maitighar Mandala today demanding the government roll back the unfavourable policies in matters related to automobile businesses. During the protest organised by NADA Automobiles Association of Nepal (NADA), the ...
As per several reports, Nepal Rastra Bank (NRB) has directed commercial banks to impose a temporary ban on the issuance of Letter of Credit (LC) for the import of vehicles and other luxury goods sighting ...
Automobile importers including spare parts dealers in the country are currently maintaining a 50 percent margin when opening the letter of credit (LC). This guideline by Nepal Rastra Bank is expected to limit the availability ...
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