Kathmandu. The demand for a large range of share mortgage loans above Rs 1 crore has been seen in banks.
According to the data released by the Nepal Rastra Bank, the last fiscal year 2082. The data till the end of July 83 shows this. In the last one year, investors have invested an additional Rs 25.80 billion in the stock market by keeping shares as collateral.
According to the data, till the end of the last fiscal year, Rs 166.50 billion was loaned by the banks. In the previous fiscal year, 2081. As of mid-July 2018, loans from banks amounted to Rs 140.70 billion. In this regard, the share mortgage loans from banks increased by 18.3 percent in the review year compared to the previous year.
Till mid-July of the last financial year, banks have issued loans of Rs 119.45 billion with shares of above Rs 10 million. Till mid-July last year, loans in this range had gone up to Rs 98.92 billion. The demand for loans in this range has increased by 20.7 percent.
Till the review period, loans in the range of Rs 50 lakh to Rs 1 crore were Rs 19.15 billion, loans in the range of Rs 25 lakh to Rs 50 lakh were Rs 18.85 billion and loans in the range of Rs 2.5 million were Rs 9.04 billion. Loans in the range of Rs 50 lakh to Rs 1 crore were Rs 16.02 billion, loans in the range of Rs 2.5 million to Rs 50 lakh were Rs 17.56 billion and loans in the range of Rs 2.5 million were Rs 8.17 billion.
Loans in the range of Rs 50 lakh to Rs 1 crore increased by 19.5 percent, loans in the range of Rs 2.5 million to Rs 5 million increased by 7.3 percent and loans in the range of Rs 2.5 million increased by 10.6 percent compared to the previous year.
