Working Capital Loan Guideline Variance Implementation Postponed to 2084
Summary
Nepal Rastra Bank has postponed the implementation of the variance provision in the working capital loan guideline to Shrawan 1, 2084, delaying the enforcement by one year.
Key Points
- The implementation of variance analysis provision in the working capital loan guideline has been postponed to Shrawan 1, 2084.
- Previously, the guideline was to be implemented starting Shrawan 2083.
- Businesses can currently take working capital loans up to 25 percent of their annual turnover.
- The deadline for bringing existing loans within this limit has been extended by one year.