Three, in its Monetary Policy of 2015/16, the NRB made an arrangement of special refinance facility at 1 percent interest with the objective of encouraging BFIs (A, B, and C class) to extend loans to agriculture and small business-based income generating activities in poverty-stricken areas of the country.
Four, as per Monetary Policy of 2016/17, necessary provisions would be made to support the movement of opening ‘at least one bank account for each household’ and the arrangement of distributing social security allowances through the bank account. Five, the final drafts of the National Financial Literacy Policy and the Financial Sector Development Strategy (2015-2020) have been submitted to the Government for approval.