foreign loan Tag

Nepali citizens, firms and corporate bodies can directly borrow up to USD 1 Million from abroad with approval from the Nepal Rastra Bank  Nepal Rastra Bank (“NRB”), the central bank, issued a notice on 12 March 2020 (“Amendment”) amending point no. b (ii) of its earlier notice included in its Unified Circulars, 2020 (2076) (“Unified Circulars”), Notice No. 1: Foreign Direct Investment:...