Kathmandu. Nepal Rastra Bank (NRB) has increased the limit of share mortgage loan.
Announcing the monetary policy for the upcoming fiscal year today, Governor Maha Prasad Adhikari said that the limit of share mortgage loan has been increased. According to the official, the limit of single customer loan has been increased to Rs 250 million.
Earlier, the limit of one customer loan against shares was Rs 150 million.
Stock investors had suggested to the Rastra Bank in the monetary policy, demanding the removal of the limit on share mortgage loans. However, the Rastra Bank has increased the limit without removing the limit of share mortgage loan.
