Kathmandu. Nepal Rastra Bank (NRB) has tightened loans from banks and financial institutions for stock market, real estate and vehicles. On Wednesday, the National Bank of Nepal (NBN) issued a circular on the mid-year review of monetary policy, which was made public on Thursday.

Nepal Rastra Bank has increased the risk weighted average limit of share pledge, car loan and real estate from 100 to 150 percent. Similarly, the bank rate has been increased by 2 percent to 7 percent. The interest rate has been increased by 2% to 7% in the upper limit of the corridor, 2% to 4% in the lower limit deposit collection rate and 2% to 5.5% in the repo rate.

Similarly, the directive issued on Wednesday states that under the 10 percent loan going to energy sector till mid-July 2082, 6 percent by mid-July 2079, 7 percent by mid-July 2080, 8 percent by mid-July 2081 and 10 percent by mid-July 2082.