Kathmandu. Although The Nepal Rastra Bank (NRB) has repeatedly adopted an open policy, there is no enthusiasm in the stock market. Some of the policies adopted by the Rastra Bank have an impact on the stock market. However, there has been no impact on the market-friendly policy adopted by the Rastra Bank. Although the central bank is in favor of the market, the market is slow.
Investors were confident that the stock market would rise after the appointment of Dr Bishwanath Poudel as governor of Nepal Rastra Bank. Dr. Investors believed that Poudel would adopt a market-friendly policy after his appointment as governor and the stock market would keep pace.
Governor Poudel has adopted a stock market-friendly policy as per the expectations of the investors. However, the market has not shown confidence. Poudel has relaxed the policy arrangement taken by outgoing Governor Maha Prasad Adhikari. However, there is no impact on the market.
Bharat Ranabhat, former president of Nepal Stock Brokers Association, said, “One of the reasons why the stock market has not increased despite the nepal rastra bank’s relaxed policy is that the last month of the financial year is going on. The impact of which has also been seen in the stock market. ’
According to him, the stock market has slowed down due to the fact that investors will have to pay the bank’s principal interest in mid-July. Tara Prasad Fulel, an investor in the stock market, said that there has not been much enthusiasm in the stock market due to the slowdown in the economy in the recent past.
According to Fulell, investors are now in a wait-and-watch situation. Nepal Rastra Bank (NRB) is preparing its monetary policy for the upcoming fiscal year. Similarly, the date for the release of the fourth quarter financial statements of listed companies is also approaching. As a result, investors are waiting and watching, he said.
Investors are also hoping to remove the cap of Rs 150 million imposed by the Rastra Bank on stock investors through the monetary policy for the next fiscal year. “The country has set a limit of Rs 150 million for investors investing in the personal capital market through the monetary policy of the current fiscal year. Chhote Lal Rauniyar, former president of Nepal Investor Forum, said, “The Rastra Bank should also remove that system. Rauniyar believes that the limit of up to Rs 150 million on personal loans has also encouraged investors in the stock market.
The investors of the stock market had demanded the provision of easy rules to bring non-resident Nepalis (NRN) into the stock market. Accordingly, The Governor of The Rastra Bank. Poudel has made the fourth amendment to the Foreign Investment and Foreign Debt Management Bye-laws, 2078 BS on June 15. After this amendment, the NRNA will now be able to open an account in Nepali rupees in Nepali bank. This will make it easier for NRNs to trade shares, according to the Rastra Bank. It was believed that this arrangement of the Rastra Bank would also boost the stock market.
Nepal Rastra Bank (NRB) Governor Dr Bishwa Poudel has fulfilled the demands of investors in the stock market and other sectors with little time left to announce the monetary policy for the upcoming fiscal year. The investors have addressed the demands of the investors two years ago at the same time.
Governor Dr. Within a few days of his appointment, Poudel took the policy of making the investors of the stock market happy through the third quarter review of the monetary policy. Dr. Poudel, through the third quarter review of the monetary policy, reduced the risk burden on share mortgage loans from 125 percent to 100 percent.
The newly appointed Governor. Poudel’s policy was expected to enthuse many and boost the stock market. Investors have long been demanding to reduce the risk burden of share mortgage loans. It was believed that the market would pick up momentum when it was removed. However, the stock market remained sluggish.
Governor Dr. Poudel has extended the deadline for two years for the entrepreneurs who have taken more current capital loans than the limit to return the amount. This has not only made bankers but also businessmen happy. Nepal Rastra Bank (NRB) issued a unified directive on Monday to provide relief to bankers and businessmen and make investors happy.
Outgoing Governor Adhikari had made a provision for the businessmen who have taken the current capital loan beyond the limit to pay the money by mid-July 2081. After protests from the private sector, Adhikari extended that time by one year. Poudel has now added two years. Governor Poudel’s arrangement is also expected to ease the stock market as well as the private sector.
For the past few days, the NEPSE index has been trading around 2600 points. Along with the NEPSE index, there has also been a slowdown in the amount of share trading. The stock market has traded less than Rs 10 billion this week as compared to Rs 12 billion last week. On the last trading day of the week, shares worth Rs 7.78 billion were traded in the stock market on Thursday.
Since the appointment of the governor, the stock market has fallen by 81.71 points. The nepse index, a measure of the stock market, fell by 81.71 points to 2595.74 points as against 2677.45 points on the day of the appointment of Bishwa Poudel as governor.






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