Monetary Policy 2079 : Amendment of Policy on share mortgage loans

Jul Fri 2022 05:07:16

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Monetary Policy 2079 : Amendment of Policy on share mortgage loans

Kathmandu. There has been a general amendment in the stock market policy on 4/12. Governor Mahaprasad Adhikari announced the monetary policy on Friday and the maximum limit of share loans has been set at 120 million. The Governor's official said that arrangements have been made to take share mortgage loans up to a maximum of 12 crore rupees from all banks and financial institutions.

Currently, there is a system where you can take a loan of 4/12 from one bank and up to 120 million from all banks and financial institutions. He also said that after arranging the share margin loan through brokers, the share loan loan will be organized gradually.

The risk load in the share loan is kept as is. Earlier, 100% risk weight was kept for loans up to 25 lakh rupees, while 150% risk weight was kept for share loans above 25 lakh rupees.