Monetary Policy of 079 to 80 (Full Statement)

Jul Fri 2022 04:31:19

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Monetary Policy of 079 to 80 (Full Statement)

Kathmandu. Nepal Rastra Bank has made a general change in the limit on share mortgage loans. Governor of Rastra Bank Mahaprasad Adhikari said that only 120 crores was fixed after normal revision of the limit of 4/12 which was fixed earlier on share mortgage loans. He said that earlier, if a loan of 40 million rupees was obtained from one organization and a maximum loan of 120 million rupees from the entire organization, then it has been amended and it has been arranged that a maximum loan of 120 million rupees can be obtained from one or the entire organization.

Monetary policy has given some relief by changing the share lending policy. The limit of borrowing only 40 million from one bank in share mortgage loan has been abolished.

Now only the limit of 12 crores will be applied. The risk burden has been maintained at 100 percent for the limit up to 25 lakhs and 150 percent above that. The system of suspending share transactions during mergers and acquisitions has also been abolished.

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