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NRB removes lower slab of margin loan to be taken from single bank

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.
By Republica

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.


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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.


 

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