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Current Capital Loans: Variance Provision Extended by 1 Year

SPIL
Nepal Life

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has further relaxed the provision relating to variance of current capital loan.

The central bank has amended the integrated directive issued in the name of banks and financial institutions and brought more flexibility in the provision related to variance of current capital loan. According to the amended provision, the current capital loan guidelines, 2079 (with the fourth amendment)’ The provision regarding variance in Ward 7 will be applicable only from July 1, 2008.

Esewa
Crest

Earlier, point no. 2079 of the Guidance on Current Capital Loans, 2079 The provision regarding variance in Ward 7 was applicable only from July 1, 2083.

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