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Central bank penalizes CEOs of 15 banks and financial institutions

KATHMANDU: Nepal Rastra Bank (NRB) has taken action against the Chief Executive Officers (CEOs) of 15 banks and financial institutions. The regulatory body penalized CEOs from seven development banks and eight finance companies. The CEOs of Lumbini Development Bank, Mahalaxmi Development Bank, Kamana Sewa Development Bank, Muktinath Development Bank,...

Central bank penalizes CEOs of 15 banks and financial institutions
Indian telecom regulator simplifies recharge rules: Extended SIM validity for Jio, Airtel, Vi, and BSNL users

Indian telecom regulator simplifies recharge rules: Extended SIM validity for Jio, Airtel, Vi, and BSNL users

Government-owned cement plants in crisis amid operational shutdowns

Government-owned cement plants in crisis amid operational shutdowns

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

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

Ncell Foundation: Because we are all connected

Ncell Foundation: Because we are all connected

NASIT commends government’s efforts in advancing Nepal’s IT industry

NASIT commends government’s efforts in advancing Nepal’s IT industry

Developers push for foreign investment and legal changes in Nepal’s housing market

Developers push for foreign investment and legal changes in Nepal’s housing market

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

Donald Trump returns to White House with bold promises of retribution and policy reversal

Donald Trump returns to White House with bold promises of retribution and policy reversal

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

Government debt increases by Rs 102.3 billion in six months

Government debt increases by Rs 102.3 billion in six months

‘Hotel Barahi Kathmandu’ receives TOFTiger certification

‘Hotel Barahi Kathmandu’ receives TOFTiger certification

Nepal’s economy shows recovery: exports surge by 31.8pc in first half of FY 2081-82

Nepal’s economy shows recovery: exports surge by 31.8pc in first half of FY 2081-82

TikTok voluntarily shuts down service in the U.S. as divest-or-ban law takes effect

TikTok voluntarily shuts down service in the U.S. as divest-or-ban law takes effect

From bribes to check distribution: Nepali Congress turns a blind eye as Minister Khadka’s alleged corruption

From bribes to check distribution: Nepali Congress turns a blind eye as Minister Khadka’s alleged corruption

Experts call for transparency between govt and private sector for energy development

Experts call for transparency between govt and private sector for energy development

Upper Karnali Hydropower secures joint financing, paving way for construction

Upper Karnali Hydropower secures joint financing, paving way for construction

PM Oli urges private sector to invest in energy, advocates self-reliance for mega projects

PM Oli urges private sector to invest in energy, advocates self-reliance for mega projects

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