Monday Dec 23, 2024
Monday Dec 23, 2024

NRB removes margin lending of Rs 120 million


Nepalnews
RSS
2023 Oct 06, 8:31, Kathmandu
Representative Image.

Amending the Integrated Guidelines 2080 BS, the Nepal Rastra Bank (NRB) has increased the margin lending. With this, the cap of upper limit of Rs 120 million for margin lending is removed.

As per the new decision, the margin lending is fixed at Rs 150 million for individuals and Rs 200 million for institutional investors, the Nepal Rastra Bank (NRB) said in its amended guidelines.

The investors of the share market were piling pressure on the central bank to remove the existing cap on margin lending adding that this has had a serious impact on the share market.

Likewise, the commercial banks should have to maintain their counter cyclical buffer to 0.5 per cent by the end of this fiscal year.

READ ALSO:

Nepal Rastra Bank (NRB) cap margin lending institutional investors share market Central Bank
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

Kathmandu, Nepal,


Newsroom
##

E-mail
nepalnewseditor@gmail.com

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal