Fiscal Nepal
First Business News Portal in English from Nepal
Standard Chartered Bank Logo
KATHMANDU: The Nepal Rastra Bank (NRB) has taken action against two commercial banks; Standard Chartered Bank and Nepal Credit and Commerce (NCC) Bank for not maintaining cash reserve (CRR) and statutory liquidity ratio (SLR).
The central bank has fined Standard Chartered Bank and NCC based on off-site supervision conducted in the fourth quarter of the financial year 2022-23.
Standard Chartered has been fined Rs 63,597 and NCC Bank has been fined Rs 49,881.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
