KATHMANDU, July 22: Nepal Rastra Bank (NRB) has removed the lower limit on loans against shares. However, the central bank has kept the upper threshold on margin loan unchanged.
Revised interest rate corridor system introduced
NRB, through its Monetary Policy 2021/22 unveiled in August, has capped loans to up to Rs 40 million from a single bank or financial institution and the total limit for a borrower has been set at Rs 120 million. The share investors have long been criticizing the central bank’s policy.