Share collateral loan up to a maximum of Rs 120 million

Aug Fri 2021 09:53:12

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Share collateral loan up to a maximum of Rs 120 million

Kathmandu. Nepal Rastra Bank has made an arrangement for an institution or an individual to get a share pledge loan limit of up to Rs. 120 million at most. Such loans will be available from a bank only up to a maximum of Rs 40 million.

Similarly, the collateral valuation limit of shares has been kept unchanged at 70 percent through the monetary policy of the current Fiscal Year 2078/79.  Such provision has been made in the monetary policy issued by Nepal Rastra Bank for the fiscal year 2078/79.

Announcing the monetary policy, NRB Governor Maha Prasad Adhikari said that an arrangement has been made for a person or a firm to take a loan of share nature without taking more than Rs 40 million from one financial institution or Rs 120 million from the entire financial institution.