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ECONOMY

NRB removes lower slab of margin loan to be taken from single bank

KATHMANDU, July 22: Nepal Rastra Bank (NRB) has removed the lower limit on loans against shares. However, the central bank has kept the upper threshold on margin loan unchanged.
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By Republica

KATHMANDU, July 22: Nepal Rastra Bank (NRB) has removed the lower limit on loans against shares. However, the central bank has kept the upper threshold on margin loan unchanged.



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NRB, through its Monetary Policy 2021/22 unveiled in August, has capped loans to up to Rs 40 million from a single bank or financial institution and the total limit for a borrower has been set at Rs 120 million. The share investors have long been criticizing the central bank’s policy.


 

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