Share loans encouraged to small investors

Aug Sat 2021 12:34:04

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Share loans encouraged to small investors

Kathmandu. Nepal Rastra Bank (NRB) has taken a policy to encourage small investors in the share market to extend credit. Announcing the monetary policy, Governor Maha Prasad Adhikari has set limits to control the share loan flowing to big investors.

A maximum of Rs 40 million per person and only Rs 120 million from the overall financial system can be taken as collateral loan, said Governor Adhikari. He said that the share-based valuation method will be outdated. NRB has taken the policy of providing up to 70 percent of the 180-day average price as share pledge loan.