header banner
ECONOMY

Rs 200 million limit on share mortgage loans abolished

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has introduced flexibility in share mortgage loans by abolishing the previous Rs 200 million limit. Governor Maha Prasad Adhikari announced this change as part of the new monetary policy on Friday.
alt=
By Republica

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has introduced flexibility in share mortgage loans by abolishing the previous Rs 200 million limit. Governor Maha Prasad Adhikari announced this change as part of the new monetary policy on Friday.



The new monetary policy outlines that the NRB has approved 34 securities brokerage companies to promote margin trading, aiming to gradually reduce the direct loan investments from banks and financial institutions in the securities market.


Related story

NRB increases share mortgage loan limit to Rs 200 million


The policy also removes the Rs 200 million cap on loans provided by banks and financial institutions for margin trading in share securities. This change addresses issues with smooth and systematic margin trading and is intended to support institutional investors focused on capital market investments.


 

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/1721978676_maha-1200x560_20240726140851.jpg
Related Stories
ECONOMY

NRB reduces risk weight of real estate loans, main...

NRB reduces risk weight of real estate loans, maintains risk weight for share mortgage loans
ECONOMY

NRB releases first quarter review of monetary poli...

NRB releases first quarter review of monetary policy
ECONOMY

NEPSE index crawls despite the share mortgage loan...

NEPSE index crawls despite the share mortgage loans jumping to double in five years
ECONOMY

Large investors boost share mortgage loans by 11.6...

Large investors boost share mortgage loans by 11.6 percent in 7 months
ECONOMY

Agricultural Development Bank's NPLs exceed regula...

Agricultural Development Bank's NPLs exceed regulatory limit, reports loss of Rs 880 million

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights