$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
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'title' => 'Central Bank Lowers Risk Weightage of Auto Loan',
'image' => '20240609071433_2024-06-09 07.14.10.jpg',
'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
<p>The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.</p>
<p>Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.</p>
<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
<p>Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%. </p>
',
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'publish_date' => null,
'created' => '2024-06-06 14:56:32',
'modified' => '2024-06-09 07:14:33',
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'modified' => '2024-06-06 07:23:07',
'title' => 'June 2024',
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'id' => '4468',
'magazine_issue_id' => '1283',
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'title' => 'Central Bank Lowers Risk Weightage of Auto Loan',
'image' => '20240609071433_2024-06-09 07.14.10.jpg',
'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
<p>The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.</p>
<p>Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.</p>
<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
<p>Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%. </p>
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'created' => '2024-06-06 14:56:32',
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'created' => '2024-06-06 07:23:07',
'modified' => '2024-06-06 07:23:07',
'title' => 'June 2024',
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include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4468',
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'title' => 'Central Bank Lowers Risk Weightage of Auto Loan',
'image' => '20240609071433_2024-06-09 07.14.10.jpg',
'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
<p>The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.</p>
<p>Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.</p>
<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
<p>Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%. </p>
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'created' => '2024-06-06 14:56:32',
'modified' => '2024-06-09 07:14:33',
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'id' => '4468',
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'title' => 'Central Bank Lowers Risk Weightage of Auto Loan',
'image' => '20240609071433_2024-06-09 07.14.10.jpg',
'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
<p>The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.</p>
<p>Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.</p>
<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
<p>Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%. </p>
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'created' => '2024-06-06 07:23:07',
'modified' => '2024-06-06 07:23:07',
'title' => 'June 2024',
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include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
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'title' => 'Central Bank Lowers Risk Weightage of Auto Loan',
'image' => '20240609071433_2024-06-09 07.14.10.jpg',
'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
<p>The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.</p>
<p>Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.</p>
<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
<p>Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%. </p>
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'modified' => '2024-06-09 07:14:33',
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'title' => 'Central Bank Lowers Risk Weightage of Auto Loan',
'image' => '20240609071433_2024-06-09 07.14.10.jpg',
'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
<p>The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.</p>
<p>Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.</p>
<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
<p>Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%. </p>
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'modified' => '2024-06-06 07:23:07',
'title' => 'June 2024',
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'homepage' => true,
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include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 62]
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
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'short_content' => '',
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'title' => 'June 2024',
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<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
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include - APP/View/MagazineArticles/view.ctp, line 62
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 68]
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<p>In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.</p>
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include - APP/View/MagazineArticles/view.ctp, line 68
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24.
The central bank has reduced the risk weightage on hire purchase loans provided by banks and financial institutions from 125% to 100%.
Additionally, the NRB has introduced a provision allowing the extension of home loans based on the Debt Service to Gross Income Ratio, increasing the limit from 50 percent to 70 percent, provided appropriate evidence is presented.
In its review of the monetary policy, the central bank has also introduced a provision allowing banks and financial institutions to sell up to 20% of their primary capital in a single fiscal year from investments made in the mid-cap fund.
Furthermore, the loan loss provision requirement for loans classified as 'good loans' has been maintained at 1.20%, slightly reduced from the previous 1.25%.
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'short_content' => '',
'content' => '<p>The Nepal Rastra Bank (NRB) has announced changes in the risk weightage of auto loans through the third quarter review of the Monetary Policy for 2023/24. </p>
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
