KATHMANDU: Investors of Nepal’s stock market met Prime Minister Sher Bahadur Deuba after the market hit a 17-month low.
The Nepal Capital Market Investors Association submitted a memorandum to Prime Minister Deuba seeking to revoke the rules affecting the market.
Responding to the memorandum, the Prime Minister called Governor Maha Prasad Adhikari and instructed him to facilitate the market.
The memorandum asks the banks to remove the single customer limit currently imposed on share pledges and also not to maintain the 90 percent loan and deposit ratio policy imposed till mid June.
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