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<strong>--By TC Correspondent</strong></div>
<div>
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Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
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The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
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<strong>--By TC Correspondent</strong></div>
<div>
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<div>
Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
<div>
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<div>
NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
Similarly, BFIs can provide export refinances to exim businesses at 1.0 percent on the basis of good loan collaterals, but they could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
NRB has also directed to provide a refinancing facility to small and medium scale industry loans at 5.0 percent per annum on the collateral of good loan of the borrower. However, BFIs could not take more than 10.0 percent from the borrower as per the new circular.</div>
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<strong>--By TC Correspondent</strong></div>
<div>
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<div>
Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
<div>
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NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
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<div>
<strong>--By TC Correspondent</strong></div>
<div>
</div>
<div>
Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
<div>
</div>
<div>
NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
Similarly, BFIs can provide export refinances to exim businesses at 1.0 percent on the basis of good loan collaterals, but they could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
NRB has also directed to provide a refinancing facility to small and medium scale industry loans at 5.0 percent per annum on the collateral of good loan of the borrower. However, BFIs could not take more than 10.0 percent from the borrower as per the new circular.</div>
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<div>
<strong>--By TC Correspondent</strong></div>
<div>
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<div>
Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
<div>
</div>
<div>
NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
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<div>
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<strong>--By TC Correspondent</strong></div>
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<div>
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<div>
</div>
<div>
NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
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<div>
</div>
<div>
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Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively.
NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans.
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower.
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular.
Similarly, BFIs can provide export refinances to exim businesses at 1.0 percent on the basis of good loan collaterals, but they could not take more than 4.5 percent from the borrower as per the new circular.
NRB has also directed to provide a refinancing facility to small and medium scale industry loans at 5.0 percent per annum on the collateral of good loan of the borrower. However, BFIs could not take more than 10.0 percent from the borrower as per the new circular.
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<div>
<strong>--By TC Correspondent</strong></div>
<div>
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Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
<div>
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NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
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<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
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<div>
</div>
<div>
Similarly, BFIs can provide export refinances to exim businesses at 1.0 percent on the basis of good loan collaterals, but they could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
NRB has also directed to provide a refinancing facility to small and medium scale industry loans at 5.0 percent per annum on the collateral of good loan of the borrower. However, BFIs could not take more than 10.0 percent from the borrower as per the new circular.</div>
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<div>
<strong>--By TC Correspondent</strong></div>
<div>
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<div>
Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
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<div>
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<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
Similarly, BFIs can provide export refinances to exim businesses at 1.0 percent on the basis of good loan collaterals, but they could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
NRB has also directed to provide a refinancing facility to small and medium scale industry loans at 5.0 percent per annum on the collateral of good loan of the borrower. However, BFIs could not take more than 10.0 percent from the borrower as per the new circular.</div>
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<div>
<strong>--By TC Correspondent</strong></div>
<div>
</div>
<div>
Nepal Rastra Bank (NRB) has revised its Cash Reserve Ratio (CRR) to be maintained by banks and financial institutions (BFIs). As per the new circular issued by NRB on July 28 (Sunday), ‘A’ class BFIs should maintain a CRR of 5.0 percent, ‘B’ class BFIs should maintain 4.5 percent and ‘C’class BFIs should maintain 4.0 percent. Previously, the ratios were 6.0 percent, 5.5 percent and 5.0 percent, respectively. </div>
<div>
</div>
<div>
NRB has directed to invest ‘A’, ‘B’ and ‘C’ class BFIs a minimum of 4.5 percent, 4.0 percent and 3.5 percent, respectively of the total loan and advance on deprived sector loans. </div>
<div>
</div>
<div>
The new circular has also extended the maximum duration of 21 days for repo and reverse repo auction periods and revised the provision on refinancing. As per the new provision, the interest rate for normal refinancing has been maintained at 5.0 percent. The circular also directed not to take more than 9.0 percent from the borrower. </div>
<div>
</div>
<div>
Interest rates on special refinancing through loan flown (mainly to small and cottage industry, foreign employment and sick industry) should be given at 1 percent annually. BFIs could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
Similarly, BFIs can provide export refinances to exim businesses at 1.0 percent on the basis of good loan collaterals, but they could not take more than 4.5 percent from the borrower as per the new circular. </div>
<div>
</div>
<div>
NRB has also directed to provide a refinancing facility to small and medium scale industry loans at 5.0 percent per annum on the collateral of good loan of the borrower. However, BFIs could not take more than 10.0 percent from the borrower as per the new circular.</div>
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