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बैंकर र व्यवसायी छुट्याउनका लागि तीन वर्षको समय दिनुपर्ने सोबिता गौतमको प्रस्ताव



10 Year!!!! Should be given.

राष्ट्र बैंकले मौद्रिक नीतिका लागि माग्यो सुझाव, असार १० सम्म उपलब्ध गराउन आग्रह

मौद्रिक नीतिमार्फत अर्थतन्त्रका समस्या समाधान गर्नेछु : गभर्नर पौडेल

(Not addressing during last MP review is about to waste about 3 month. Every day matters.)






Upcoming monetary policy should focus on kickstarting the economy, share market 'good companies' and end banking/cooperative crisis:
(Always remember, Monetary policy runs the economy while Fiscal policy runs the government, development etc)




Kick starting the economy/housing, share market 'due to lack fund, players are operating only low capital companies- even in same sector low capital is booming while high capital are still in depression', rescuing BFIs and cooperative:

1: Increase working capital loan for business. Let Development banks provide working capital loan freely.
After cooperative collapsed, they could not provide business loan which lead to economic collapse 'one of the reasons' cause NRB limited working capital loan.

2: Increase Personal loan limit to 2.5 crore.

3: Increase housing loan limit to 5 crore.

4: 15 crore limit for share loan should be scrapped.

5: During margin call- other assets could be used- land/building, gold etc.

6: Provision for good loan should be 0. Good loan should not need to keep 1% provision.

7: Share loan's Risk Weightage should be 100%.

8: Let BFIs give share loan up to 100% of their capital and reserve.

9: Interest on older loan should not change by more than 2.5% over 5 year.

10: Let BFIs freely invest their capital and reserve in share market. Let BFIs invest in BFIs. Let BFI buy their own stock after taking permission.

11: Let, BFIs invest in foreign treasury and share market up to 25% of their capital.

12: BFIs main income should come from investment and other services within 5 year.






13: One of the main reason there is banking crisis and cooperative crisis is BFIs and borrowers are unbale to sell their collateral. Monetary policy should assist in selling those assets:

Land and building and vehicles taken over by BFIs/cooperative and also those in collateral could be auctioned.

a: NRB should make it easy to auction those by easing monetary policy to sell those collateral or assets taken over by BFIs and cooperative. Let BFIs provide unlimited loan and at below cost interst during such auction.

b: Through such auction 60/80% such assets should be sold. 20% at a time, once in every 6 month.

c: BFIs should offer their fixed interest rate. And that rate should be auctioned. Borrower/Buyer should offer their best interest to the BFIs. BFIs should first offer their minimum rate then through auction, buyer/borrower should bid on that offer and the highest bidder should get the collateral/asset. The that rate should be fixed for certain year. Let's say cheap interest rate for up to 5 year. And after that market should decide the rate and NRB should make it easy for borrower to change lender. ((((((This is corrected, added from previous post)))))

d: Since it is auction and only 20% of the total valued assets should be sold at a time, banks or owner of those collateral should offer their heavily discounted fixed price.







14: From government side: to kick start economy, housing, share market:

a: VAT on cement should be 0 for one year, 5% next year and 8% in the third year.

b: Dividend distribution 'BFIs, Insurance etc': Reduce normal reserve requirement to 0% while giving dividend for 1 year, 25% of the requirement during 2 yr and 50% during 3rd year. This should increase consumption capacity.







[Goal should be kick starting the economy, lift share market and rescue banking and cooperative. If above is not enough, more move should be made in next 3 month]

User The Rising Sun ko Negative comment haru le variyeko yo forum

NO 7 pura bhayo jai NEPSE

Upcoming monetary policy should focus on kickstarting the economy, share market 'good companies' and end banking/cooperative crisis:
(Always remember, Monetary policy runs the economy while Fiscal policy runs the government, development etc)




Kick starting the economy/housing, share market 'due to lack fund, players are operating only low capital companies- even in same sector low capital is booming while high capital are still in depression', rescuing BFIs and cooperative:

1: Increase working capital loan for business. Let Development banks provide working capital loan freely.
After cooperative collapsed, they could not provide business loan which lead to economic collapse 'one of the reasons' cause NRB limited working capital loan.

2: Increase Personal loan limit to 2.5 crore.

3: Increase housing loan limit to 5 crore.

4: 15 crore limit for share loan should be scrapped.

5: During margin call- other assets could be used- land/building, gold etc.

6: Provision for good loan should be 0. Good loan should not need to keep 1% provision.

7: Share loan's Risk Weightage should be 100%.

8: Let BFIs give share loan up to 100% of their capital and reserve.

9: Interest on older loan should not change by more than 2.5% over 5 year.

10: Let BFIs freely invest their capital and reserve in share market. Let BFIs invest in BFIs. Let BFI buy their own stock after taking permission.

11: Let, BFIs invest in foreign tresery and share market up to 25% of their capital.

12: BFIs main income should come from investment and other services within 5 year.





13: One of the main reason there is banking crisis and cooperative crisis is BFIs and borrowers are unbale to sell their collateral. Monetary policy should assist in selling those assets:

Land and building and vehicles taken over by BFIs/cooperative and also those in collateral could be auctioned.

a: NRB should make it easy to auction those by easing monetary policy to sell those collateral or assets taken over by BFIs and cooperative. Let BFIs provide unlimited loan and at below cost interst during such auction.

b: Through such auction 60/80% such assets should be sold. 20% at a time, once in every 6 month.

c: BFIs should offer their fixed interest rate. Let's say cheap interest rate for up to 5 year. And after that market should decide the rate and NRB should make it easy for borrower to change lender.

d: Since it is auction and only 20% of the total valued assets should be sold at a time, banks or owner of those collateral should offer their heavily discounted fixed price.





14: From government side: to kick start economy, housing, share market:

a: VAT on cement should be 0 for one year, 5% next year and 8% in the third year.

b: Dividend distribution 'BFIs, Insurance etc': Reduce normal reserve requirement to 0% while giving dividend for 1 year, 25% of the requirement during 2 yr and 50% during 3rd year. This should increase consumption capacity.




[Goal should be kick starting the economy, lift share market and rescue banking and cooperative. If above is not enough, more move should be made in next 3 month]

Fake news are saying- Next Governor is 'CIA agent' bhatt.

देशभर निराशा र मन्दीको अवस्थामा सबै क्षेत्रलाई माथि उकास्न र लगानीकर्तामा उत्साह ल्याउने गरी उदार एवं कुनै पार्टिको झोले नभई विश्वासिलो गभर्नर नियुक्ति हुनु आवश्यक छ । संकिर्ण विचार बोकेका राष्ट्रबैंकका कर्मचारी एवं कम्युनिष्ट सिद्दान्त वोकेका पार्टीका झोलेहरुबाट देशले आर्थिक रुपमा पार पाउने छैन र अझै दशक पछाडी पर्नेछ ।

नीलम ढुंगानाको शिक्षिकादेखि डेपुटी गभर्नरसम्मको प्रेरणादायी यात्रा : 'अब म गभर्नरका रुपमा काम गर्न सक्छु'




She is one of the NRB bureaucrats who destroyed Nepal's economy. All of them did.

Just before she became D governor, she published an article talking about 'needing to tighten policy'.

She and they did and collapsed the economy. She is alchina. Should never have got to such higher post.

Why almost all top bureaucrats since last one decade have been completely incomplete and arrogant and harami??? Something wrong with selection process and promotion process.




Next governor should be from Private bank CEO or ex d governor who was in line of becoming Governor in place of Maha prashad- who could be currently a board member of NRB.


More importantly, Governor and D governors' tenure should be just 2 year and can be extended in every 2 year. And should be fired for incompetency- both Governor and D governors.


Add one more D governor, at least one should be from private sector. Whose job should be studying economic condition and communicate with economic stake holders like- private sectors, share investors.

राष्ट्र बैंकमा नयाँ गभर्नर खोज्दै सरकार, सिफारिस गर्ने जिम्मा दुई पौडेल र भट्टराईलाई


# Few rules need to be changed immediately.
- Governor and D governors' term should be 2 year and can be automatically extended in every 2 year.
- One more D governor should be added.
- Governor and D governors can be from private banking too.
- At least one D governor should be from Private banking or NRB cadre.
- Perks and benefits of Governor and D governors should be passed only by Parliamentary committee.
- Government should have right to fire Governor and D governors or forced retirement or demotion up to 5 posts.
- Only two D governors should be in NRB committee and Finance minister should have right to select them.

There are many ruled in NRB those need updating.

एसेट्स म्यानेजमेण्ट कम्पनी स्थापनाको लागि राष्ट्र बैंकले कानून निर्माण गरिरहेको छ: गभर्नर अधिकारी



Destroy economy then float asset management company. Is there any so called fake expert who would raise this issue????

Gobernor said: They did not make any changes in the monitory policy review cause last change did bring any change to the economic activity.


They loosen Monitory policy last time to accelerate the economic activity- (they did not loosen enough, they did not know where to loose too)- But it had hardly any effect, which means, they were suppose to lose further (should have loosen within a month) ... but says, they did not loose later cause earlier loosing did not have any effect.


What kind of dumb individuals, politicians put in power?





Now, Gobernor is floating to build 1000s of houses in particular area .... like in controlled economy. Does he think, economy is joke, which runes as per his sanak.

डेपुटी गभर्नर मिश्रले भने- उद्योगीको माग अनुसार ऋणको ब्याजदर एकल अंकमा आयो, लगानी बढाउनुस्



- It was easy to destroy demand for them, but now they are seeing, bow ko beha, in creating demand.



They by force destroyed demand of loan and now begging to take loan.


Investor talk loan when they see opportunity to make profit. They wont take loan just cause there is money in the offering... Look at Japan, EU countries.




Make it easy for those who are looking for a loan, and when there is enough loan distribution, then it will vibrant economy and then demand for loan from other sector is created.

NRB missed another chance.


(I only read fake news headline about monetary policy.)


Monetary Policy is very good but, not good enough to kick start the economy.

Now, quicker recovery of economy will depend upon (75%) share market bull. Right Monetary Policy would have helped to recovery in 3-5 month.

Now, If there is big bull in share market, Economy may recover visibly in 8-12 month. Now, 75% of the recovery will depend upon share market.

महँगो ब्याजदरले अर्थतन्त्रमा माग घटेको राष्ट्र बैंकको निष्कर्ष


Ya think so!!!

There are other reasons too:
* Loan tightening
* Other monetary policy tightening
* During last 1.5 year, new problem has appeared and NRB/Govt are ignoring, or dont even know.

Is it true, Nabil Bank's CEO Gyanendra Prasad Dhungana is 'Governor in waiting'? (some media wrote)

If true, it's a great news. Since, Governor from bureaucracy or any other top government official with power to draft policy have neither experience, nor knowledge or brain- rather are arrogant, jealous, negativity, etc who dont know whom to talk for advice, which advise to accept and which to ignore ...


I have been pushing- governor, d governors to be selected from private sector banks ... policy makers in other department should be from private sector too.



This has become possible cause of incompetency of current governor, past governors, current and past d governors.


Governor and d governors' tenure should be just 2 year and it could be made extendable in every two year.


Current governor and d governors and team have completely destroyed economy and share market. And still, after 3 year, they are not ready to correct their mistake. That is dumb and arrogant and incompetency.

अझै रोकिएन ब्याज तिर्न नयाँ ऋण दिने प्रवृत्ति, राष्ट्र बैंकले देखायो खोट

- What do they think 'loan rescheduling' mean??? Incompetent politician give rise to incompetent bureaucracy. Which lead to collapse of economy and collapse of share market. which lead to- depression of public, suicide of public, brain drain ....

Sati ko sarap.

डेपुटी गभर्नर ढुंगानाले भनिन्- न्यून ब्याजदर र अधिक तरलता लगानीका लागि राम्रो अवसर हो


--- This is the brain of a top official of NRB who is involved in making policy that guides economy of a country.

Tell you a secret, I am the only one, or handful, who is not surprised by collapse of economy and share market. Cause it was caused by officials like her. These typo of people have never worked in their life, involved in investment or production and still in policy making/decision making post.



What she does not know is- investment is pulled by opportunity, opportunity of making profit. .. If investment were pulled by just the availability of liquidity and low interest rate- countries like Japan, Switzerland would have got unlimited investment.



Just after she became D Governor or just before becoming D governor, she published an article to tighten the squeeze on investors. And she/they did and we got collapse of economy and share market. But they are unable to increase investment easily the way they destroyed investment.



And still, non of them are punished. Sati ko sarap.








'ब्याजदर नभई अन्य कारणले नै क्रेडिट ग्रोथ हुन नसकेको पुष्टि, भ्रम चिरियो'- Handful of bankers.



- Remember, I kept on saying- those behind crisis should be fired. Here is one of the reasons why.

There are many requirements for investment to happen. One of them is lower interest rate. And just cause interest got low does not mean other variables have become favorable.


And again, I have said before- when there is loan available, not everyone will demand loan. First loan demand from sector what needs would demand loan, then slowly other sectors demand loan. And there is still restriction. That is why loan demand is low.



And BTW, interest is still too high. Its still around 13%. Bank's base rate should fall about 2% more and dev bank's base rate needs to fall by another around 3.5%.

US, west is collapsing cause the west is ran by people associated with Epstein Island.



Why Nepal's economy/share market collapsed???? राष्ट्र बैंकका निर्देशक आचार्य बर्खास्त, भविष्यमा बैंकको सेवामा अयोग्य नठहरिने

खाजा खर्चलाई बचाएर बचत गर्ने बानी बसाइयो भने भविष्यलाई सुरक्षित गर्छ: गभर्नर अधिकारी


- Save money by cutting down food- 25Rs per day would be one lakh in 10 year.

Then get cancer and many other disease and spend crore trying to cure.



- Then what about economy. What happens when people cut down food consumption. Ask milk producer.


And remember, Adhakari is the Governor of a central bank.

बैंकलक्षित अराजक गतिविधिहरु सरकारले रोक्नुपर्छ, नत्र कर्जा विस्तारमा प्रभाव पर्न सक्छ : गभर्नर अधिकारी






So is he saying, loan dispersion is satisfactory till now, but, it will hamper if X continue destabilization.


----- Remember:
I said: Fri Dec 03, 2021 10:01 pm (http://forum.sharesansar.com/topic.php?id=5870&page=3)

4: More blame game will start.

----------------


To increase loan demand:

1: Interest rate need to fall to 10% or below. Banks rate needs to fall further 2% and dev banks 3.5%.

2: Monetary policy related to loan issue needs to be loosen.

3: Economic activity need to increase. At first loan demand from few sector will increase then other secory will demand loan.

अर्थतन्त्रका अधिकांश सूचक सकारात्मक देखिएकाले बैंकिङ्ग क्षेत्रमा देखिएका समस्या पनि छिट्टै ठिक हुन्छ: कार्यबाहक गभर्नर ढुंगाना

--- As soon as she became D governor, she published very negative garbage. Now we are facing the result of her incompetency and alchina.

They have been saying that for more than 1.5 year now.







--- पूर्वअर्थमन्त्री डा.युवराज खतिवडाको चेतावनी- अर्थतन्त्र चरम मन्दीतर्फ !

youtube.com/watch?v=f0aa9-daEO4


------ अर्थतन्त्रमा सुधार नआए बैंकहरुले अर्को वर्ष लाभांश दिन सक्दैनन्: नबिल बैंकका सिईओ ढुंगाना


---- अर्थतन्त्रमा दबाव कायम नै छ: प्रधानमन्त्री प्रचण्ड



Probably for the first time in history, the whole top management of NRB are ran by incompetent, arrogant, alchina ...

राष्ट्र बैंकले भन्यो 'ब्याजदर घट्दै गएकोले अब अर्थतन्त्र चलायमान हुन्छ'

- I believe, NRB/Governor have been saying this for last 1.5 year, more than half a dozen times.

It's OK, they have been increasing their income- for them, it does not matter if Nepalese live or die, if Nepal stay or vanishes.

सम्झौता नगर्दा पाईला-पाईलामा दु:ख पाईने रहेछ: गभर्नर अधिकारी

((First of all NRB/Nepal is not your pvt ltd. Even majority owner of Ltd dont have full right over the company. AND, people elected elected official not bureaucracy. If bureaucracy have problem with elected official- you resign, which is the practice in all over the world))







आफैले सम्झौता नगर्दा दुख पाए पनि देशले शुख पाउँछ उनले भने |

अर्थतन्त्रबारे केहि कुरा राख्दै उनले अहिले अर्थतन्त्रको मौद्रिक सूचक सकारात्क देखिएको समेत बताए |



- Tell you a secret, If you dont eat for a year, you would save a lot of money. And just cause you save a lot of money does not mean, you made a right decision. Everything is right.




Let me tell Nepalese a real life story. I have a rich relative who are very cheap. They only eat dal bhat (rice curry) to save money. They did save a lot of money, have a big 7 story tall house, then, some one in the family got ill (cancer) and had to spend in crore.


Same happened with the NRB/Governor's policy. It caused cancer- cancer started in share market, then housing, then it collapsed cooperative and micro finance, then spread to government revenue, then many business collapsed, may commit suicide, millions went into depression ... now spreading into 'Non performing loan in BFIs'.


All cause of NRB, Adhakari's monetary policy.




Let me give you another good sad example- If airlines stop spending money on regular maintenance, it will save in 100s of millions per year, but ultimately that plane will crash which will lead to billions of loss and 100s of life lost.




Nepal's foreign currency reserve may have increased, just like in above example, but cause of Monetary policy driven collapse of economy, Government may have lost 300/400 billion revenue in last 2.5 year.

Even worst, investors/business may have lost 2000/3000 billion. Many committed suicide, millions in depression. (but I know, NRB, bureaucracy dont care about people and people have to blame elected official for not firing NRB officials and not rescuing economy and share market in time)








I have been saying for years, Bureaucracy dont give a 4k about Nepal or Nepalese. They dont care if Nepal remains or not. They dont care if Nepalese live or die.

Something good happens in Nepal only when politician/elected official want to do good. Never in the history of Nepal, any good have happened due to bureaucracy. Even to end long que to receive vaccine- minister had to intervene. Bureaucracy could have easily solved that simple problem, but they did not.




Nepal suffered every time- sher bahadur and Prachanda became PM. Current economic collapse, the biggest collapse in the history of Nepal, started in sher bahadur's time and continuing in Prachanda's time.


After Prachanda, Madhav Nepal may become PM. Remember, if I am correct, Madhav Nepal as PM and Surendra Pandey as finance minister rescued collapsed economy in the past, which was creation of then PM prachanda and Baburam as Finance minister.


May be this time too, Madhav Nepal as PM may rescue biggest collapsed economy again.

The collapsed economy created by the biggest party's PM- sher bahadur,

Continued while 30 seat prachanda as PM

And solved by the smallest party- Madhav Nepal as PM. (His party is not even a party, did they cross 3% thresh hold?)