Kathmandu. Nepal Rastra Bank (NRB) has decided to determine the loan against shares on the basis of the strength of the institution. The central bank has said that the current system of taking loan of shares on the basis of the price traded in the secondary market of securities will now be given according to the strength of the institution.
Currently, lending is based on the prevailing market price of the shares or the average price of 180 days, whichever is lower. Banks lend up to 70 percent of the fixed value.
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