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NRB’s new rule of working capital loan comes into effect from Tuesday
October 18, 2022 20:00 pm
KATHMANDU, OCT 18: The new rule of working capital loan introduced by Nepal Rastra Bank (NRB) has come into effect from Tuesday. This comes amid strong criticisms made by the private sector against the new policy.
NRB puts cap on working capital loans to businesses at a maximum of 40pc of annual transaction
August 24, 2022 20:18 pm
Private sectors maintain that the new provision will reduce demand for loans, adversely affect production and trading businesses and shrink possibilities of employment generation.
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