The Nepal Rastra Bank has released a circular implementing changes in the Monetary Policy 2080/81. In this circular, they clarified that share mortgage loans above Rs. 50 lakhs will now carry a 150 percent risk weight, instead of the previous limit of Rs. 25 lakhs. The 150 percent risk weight will continue to apply to share mortgage loans exceeding Rs. 50 lakhs.
Highlights:
- Nepal Rastra Bank Begins Preparations for Fiscal Year 2080-81 Monetary Policy to Boost Economy
- “Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”
- “NRB Requests Media Convention for Monetary Policy 080-81 Announcement Today”
- “CBFIN Urges Risk Weightage Reduction and Policy Changes in Nepal’s Financial Sector”
- NRB to Announce Monetary Policy for 2081/82 Early