Nepal Stock Exchange (NEPSE) has made a mandatory provision for the share brokers to raise up to Rs 10 million net worth who want to set up branches. 

NEPSE Spokesperson Murahari Parajuli shared that a new provision of Rs 10 million net worth was made mandatory for the share brokers to be able to set up branches. The meeting of the NEPSE Board of Directors took this decision relating to the establishment of remote work station. The NEPSE has already forwarded the process to expand its office. 

Among 50 brokers 41 have shown interest to go out of the capital city. As per the NEPSE direction, the Board of Directors have been informed about the brokers' capital, necessary infrastructures, human resources and other requirements for the expansion of station for collateral brokering entrepreneurs. RSS