Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has made the second amendment to the Current Capital Lending Guidelines-2079 BS. <\/p>\n
The central bank, through the second amendment, has added a provision to set a minimum or maximum limit on the loan period. Based on the nature of the enterprise or business, sector, cash flow and current capital analysis, the methodology for determining the duration of the term loan to be provided for Permanent Working Capital and the minimum and maximum limit of such period should be done regionally. Earlier, this system did not exist. <\/p>\n
Similarly, the banks and financial institutions have been required to provide periodic loan for the permanent working capital need. The repayment period of such term loan shall be determined in accordance with its current capital credit policy. <\/p>\n
The limit will not apply to this loan. Previously, the periodic nature of the loan issued Permanent Working Capital Bid could be re-tabulated only once up to Ashad 2083 on the basis of need and justification by analyzing the borrower’s cash flow and financial statements. “Such loan re-tabulation shall not be deemed to have been re-tabulated for the purposes of loan classification and loan loss management,” the revised guidelines state. <\/p>\n
As per the revised guidelines, the cash credit loan account should have outstanding balance of less than 30 percent of the credit limit at least seven consecutive days at any one time of the fiscal year. Earlier, this limit was 10 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has made the second amendment to the Current Capital Lending Guidelines-2079 BS. The central bank, through the second amendment, has added a provision to set a minimum or maximum limit on the loan period. Based on the nature of the enterprise or business, sector, cash flow and current capital […]<\/p>\n","protected":false},"author":16,"featured_media":290664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45031,45159],"tags":[],"class_list":["post-290667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-banner-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/290667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=290667"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/290667\/revisions"}],"predecessor-version":[{"id":290668,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/290667\/revisions\/290668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/290664"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=290667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=290667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=290667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}