KATHMANDU: Nepal Chamber of Commerce (NCC) President Kamlesh Kumar Agrawal has said that Nepal’s capital market should be developed not only as a medium for share and securities trading but also as a major medium for mobilizing long-term capital for production, infrastructure, employment and economic growth. <\/p>\n
Chairman Agrawal said that there is a need to gradually transform the economy from ‘bank-based’ to ‘market-based financing’ which is dependent only on the banking system. <\/p>\n
He said, “I would like to take the view that the capital market should be developed not only as a medium of sharing and securities transactions but also as a major medium for mobilizing long-term capital for production, infrastructure, employment and economic growth.” The need of the hour is to gradually transform the economy dependent on the banking system from ‘bank-based’ to ‘market-based financing’. The capital market can play the expected role in Nepal’s economic transformation only if the private sector can easily provide the long-term capital required for production and employment expansion. \u2019<\/p>\n
He said that the capital market can play the expected role in Nepal’s economic transformation only if the private sector can be easily provided with the long-term capital required for production and employment expansion. Agrawal said that speculative trading in Nepal’s stock market has been promoted due to the lack of visionary policies in the past. He said that the double ISIN system especially in the shares of banks and financial institutions has created a huge difference in the price of a single share in the market. <\/p>\n
“There was a difference of up to 50 per cent in the price of both shares and the same shares, the yield was the same, but due to double pricing. This created confusion and mistrust among the investors and increased confusion in the actual market valuation,” he said. <\/p>\n
According to him, although efforts were made by the Nepal Rastra Bank in the past to remove the double ISIN, it could not be implemented as it was seen to have a direct impact on the general investors.<\/p>\n","protected":false},"excerpt":{"rendered":"
KATHMANDU: Nepal Chamber of Commerce (NCC) President Kamlesh Kumar Agrawal has said that Nepal’s capital market should be developed not only as a medium for share and securities trading but also as a major medium for mobilizing long-term capital for production, infrastructure, employment and economic growth. Chairman Agrawal said that there is a need to […]<\/p>\n","protected":false},"author":1,"featured_media":38622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[90,123,126,129,147],"tags":[],"class_list":["post-38629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-en","category-banking-update-en","category-banking-news-en","category-special-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2026\/09\/kamlesh-kumar-agrawal.jpg","publishedDateNp":"\u0968\u0967 \u092d\u093e\u0926\u094d\u0930 \u0968\u0966\u096e\u0969, \u0906\u0908\u0924\u0935\u093e\u0930 \u0967\u096b:\u096a\u096c","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/38629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=38629"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/38629\/revisions"}],"predecessor-version":[{"id":38630,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/38629\/revisions\/38630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/38622"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=38629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=38629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=38629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}