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KATHMANDU, July 2: Nepal Rastra Bank (NRB) seems flexible to consider restructuring loans taken by the business entity amid rise in cases of loan defaulting that have led the banks to face increasing bad debts.
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In a letter to the finance minister, the industry body underscored the terrible market condition and requested policy decisions that would help revive the real estate sector.
NBFCs move RBI; seek loan recast, liquidity cushion as COVID-19 wreaks havoc FIDC (Finance Industry Development Council), a representative body cum self-regulatory organisation for NBFCs, has written to the central bank seeking fresh relief measures BusinessToday.In | April 27, 2021 | Updated 17:34 IST Seeking liquidity cushion for the shadow banking sector for on-lending to MSMEs, the industry body has sought an increase in RBI's outlay for AIFIs (All India Financial Institutions) from Rs 50,000 crore to Rs 75,000 crore Non-banking financial companies (NBFCs) have moved the RBI (Reserve Ba...
NBFCs move RBI; seek loan recast, liquidity cushion as COVID-19 wreaks havoc FIDC (Finance Industry Development Council), a representative body cum self-regulatory organisation for NBFCs, has written to the central bank seeking fresh relief measures BusinessToday.In | April 27, 2021 | Updated 17:34 IST Seeking liquidity cushion for the shadow banking sector for on-lending to MSMEs, the industry body has sought an increase in RBI's outlay for AIFIs (All India Financial Institutions) from Rs 50,000 crore to Rs 75,000 crore Non-banking financial companies (NBFCs) have moved the RBI (Reserve Ba...