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The policy provision of the company providing higher purchase loans will be amended.

SPIL
Global College
Nepal Life New

Kathmandu. Nepal Rastra Bank (NRB) has said that the policy provision of higher purchase loan companies will be amended. Nepal Rastra Bank (NRB) Governor Bishwanath Poudel said this while unveiling the monetary policy for the fiscal year 2082/83 BS.

It has been said that necessary amendments will be made in the regulatory arrangement by including fit and proper test, calculation of interest rate on loans and service fees in the policy and procedural arrangements to approve higher purchase loan companies.

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