The TR loan limit to 90 days

Sep Thu 2021 02:51:46

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The TR loan limit to 90 days

Kathmandu. Nepal Rastra Bank has reduced the limit of Trust Receipt Loan (TR Loan) to 90 days. Nepal Rastra Bank (NRB) on Thursday issued a circular lowering the limit of TR loans given by banks and financial institutions to 90 days. After that, the loan limit was 180 days.

"Trust receipt loans, bill discounts or similar import loans will only be available for a maximum of 90 days," the NRB said.