Finance Committee forms study sub-committee to submit report for addressing problems related to stock market

Kathmandu, August 14: Finance committee of the house of representatives has discussed on the existing situation and distribution of broker license of collateral paper and on future plan regarding stock market.

In the meeting, secretary of the finance ministry Dr. Rajan Khanal said capital market has remained dynamic and the index of stock market is satisfactory.

Governor of Nepali Rastra Bank Dr. Chiranjibi Nepali said approval has been given recently to 19 banks and subsidiary companies  to make share transaction for the development and expansion of the share market.

Today’s meeting of the finance committee has formed a subcommittee to submit a report with recommendation regarding the step to be taken for solving problems seen in stock market and currency market.

The subcommittee headed by member Ram Kumar Jhakri has been asked to submit the report within two months once the subcommittee starts its work.