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NRB penalizes NIC Asia, Himalayan, and Prabhu Bank for regulatory breaches

KATHMANDU: Nepal Rastra Bank (NRB) has taken disciplinary action against three commercial banks: NIC Asia Bank, Himalayan Bank, and Prabhu Bank, citing non-compliance with regulatory provisions. According to a report released on Monday, the central bank penalized the chairpersons, directors, and chief executive officers (CEOs) of these banks for...

NRB penalizes NIC Asia, Himalayan, and Prabhu Bank for regulatory breaches
Nepal’s banking sector faces mounting challenges in credit expansion and recovery

Nepal’s banking sector faces mounting challenges in credit expansion and recovery

Development banks thrive as commercial banks struggle with profit decline

Development banks thrive as commercial banks struggle with profit decline

Banks’ net profit declines by 4.6pc due to increased provisioning by NRB

Banks’ net profit declines by 4.6pc due to increased provisioning by NRB

Governor Adhikari attributes economic slowdown to anarchic banking activities

Governor Adhikari attributes economic slowdown to anarchic banking activities

Nepal opens IPO route for SMEs, aims to strengthen small businesses

Nepal opens IPO route for SMEs, aims to strengthen small businesses

Nepal Rastra Bank moves to declare Pokhara Finance a troubled institution amid rising financial woes

Nepal Rastra Bank moves to declare Pokhara Finance a troubled institution amid rising financial woes

Central bank struggles with liquidity surplus in financial system

Central bank struggles with liquidity surplus in financial system

New rules to restrict cooperative investments in stock and real estate

New rules to restrict cooperative investments in stock and real estate

Government achieves 84pc of revenue target despite challenges

Government achieves 84pc of revenue target despite challenges

Nepal’s banks maintain stable interest rates for Magh

Nepal’s banks maintain stable interest rates for Magh

Commercial Banks Report NPR 30.59 Billion Net Profit in Five Months

Commercial Banks Report NPR 30.59 Billion Net Profit in Five Months

Share loans dominate investment growth in Nepal’s banking sector

Share loans dominate investment growth in Nepal’s banking sector

Central bank struggles to meet credit mobilization goals amid economic slowdown

Central bank struggles to meet credit mobilization goals amid economic slowdown

Nepal Rastra Bank introduces new regulations for BFIs

Nepal Rastra Bank introduces new regulations for BFIs

NRB makes national identity card mandatory for opening bank accounts

NRB makes national identity card mandatory for opening bank accounts

Govt initiates selection process for Nepal Insurance Authority chairperson amid criticism

Govt initiates selection process for Nepal Insurance Authority chairperson amid criticism

NRB investigates liquidity of six financial institutions following Karnali Development Bank scandal

NRB investigates liquidity of six financial institutions following Karnali Development Bank scandal

High-level economic reform commission submits interim report to government

High-level economic reform commission submits interim report to government

Central bank tightens regulations on major shareholders of microfinance institutions

Central bank tightens regulations on major shareholders of microfinance institutions

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