Kathmandu. Similarly, the limit of personal override loan to be provided by banks and financial institutions has been increased from the existing Rs 5 million to Rs 1 crore. The Nepal Rastra Bank (NRB) has released the annual review report of the Monetary Policy for the fiscal year 2082/83 BS on July 7.
The limit for margin loans issued by banks and financial institutions against share has been increased from Rs 15 crore to Rs 25 crore. The amount of the regulatory reserve generated for the non-banking assets can be counted in supplementary capital for two years after the banks and financial institutions accept the non-banking assets.
A detailed study is underway to review the classification and scope of work of banks and financial institutions. In addition, a study is being conducted on the classification of existing loans and loan loss provisions.
