Kathmandu. Nepal Rastra Bank (NRB) has issued a new directive to Class A, B and C banks and financial institutions not to give loan on share collateral to companies without a transaction value of at least 250 days.

NRB has added four provisions in the new system. According to the NRB, institutions that have been at a loss for the last three years, those that have not been in operation for one year, those that have not held a general meeting for the past three years and those that have not had a trading value of at least 250 days will not be allowed to take loans.

The limit of share-based loans has been kept unchanged.