Money

Rapid credit expansion is not panacea for higher growth: IMF

Institutional deposit rates, or interest rates on money parked by institutions at banks, have gone through the roof, with the latest auction launched by Nepal Telecom drawing offers for returns of as high as 14 percent per annum. Rapid credit expansion is not panacea for higher growth: IMF
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Rupak D. Sharma
Published at : June 4, 2017
Updated at : June 4, 2017 16:08
Kathmandu


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