Kathmandu. Nepal Rastra Bank (NRB) has said that it is necessary to provide safe loans by taking correct information.
The central bank of Nepal (NRB) has issued a precautionary notice today to raise awareness about the financial crisis. “If the customer has not taken or taken loan from other banks and financial institutions before making a loan decision, then the credit information is called credit information,” the notice reads.
Similarly, the loan notice contains detailed information about the loan limit taken by the borrower, outstanding dues, period if the loan has been exceeded, details of the collateral kept in security, details of the guarantor and blacklisted or not.
Such information is also required for restructuring, rescheduling or regular review of loans.
