सिंहदरबार संवाददाता
Kathmandu. Nepal Rastra Bank has introduced a provision to count loans purchased by banks and financial institutions as loans in designated sectors. The Rastra Bank has brought this arrangement today (Tuesday).
According to the Rastra Bank, banks and financial institutions will be able to buy/sell loans in the agricultural and energy sectors among themselves to manage them through another financial institution.
Initially, the loan disbursing institution will manage the relationship with the customer, and the customer’s consent will not be required for the purchase/sale.
The central bank has stated that when buying and selling loans, the amount equivalent to that loan must be transacted and recorded in the accounts of the purchasing bank and financial institution.
The bank and financial institution that purchased the loan in this way must The central bank has stated that only institutions can count as credit flowing in the designated area.
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