२३.१२°C काठमाडौं
"Loan rescheduling according to nature"
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Highlights
- Governor's commitment to make the monetary policy of the coming financial year sustainable
Nepal Chamber of Commerce has requested the National Bank to reschedule loans for some time after looking at the nature of industry and business in the monetary policy of the next financial year. The Chamber claims that if loans can be rescheduled through mutual analysis with banks and financial institutions, confidence will be created in the aggrieved entrepreneurs and businessmen and they will avoid bankruptcy.
During a program on Friday, the Chamber submitted 39 points of suggestions to Rashtra Bank Governor Mahaprasad Adhikari, which included topics to be included in the monetary policy. Chamber President Kamlesh Kumar Agrawal urged the governor to come up with the next monetary policy to help make the economic and financial sector viable. Entrepreneurs who are going to be blacklisted, the nature of industry business By looking at the
and conducting a mutual analysis with the banks and financial institutions as needed, rescheduling the loan for some time can create great confidence in the affected entrepreneurs and businessmen," said the statement issued by the Chamber.
'As the economic and financial sector needs to be made operational through effective coordination of budget and monetary policy, we have submitted various policy suggestions to the Governor,' Chamber President Agarwal said, 'The contraction in economic activity has led to an imbalance between demand and supply, contraction in private sector assets and in banks and financial institutions. Although there is liquidity, there is no attraction towards investment in the private sector.'' According to the chamber, the problem of excess liquidity will be solved if loans to the private sector are facilitated. The chamber has said that 100% risk burden should be maintained on loans above 50 lakh rupees to speed up the real estate business. The chamber also insists on increasing the limit of assessment for real estate loans from 70-30 to 80-20. After the suggestion of
chamber, Garbanar Mahaprasad Adhikari promised that the monetary policy of the next fiscal year will be decided in such a way as to make the financial sector viable. He said that confusion is created in the private sector even if there is no real information about some of the legal arrangements determined in the financial sector. The statement of the chamber states that the construction sector will be problematic if the government is unable to pay the payment obligations of the construction sector on time. According to the chamber, there is no attraction for investment in the private sector due to the contraction in economic activity and the imbalance between demand and supply.
प्रकाशित : असार २९, २०८१ ०६:४०
