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Nepal Rastra Bank tightens CSR rules: No funds for insiders, focus on public good

KATHMANDU: Nepal Rastra Bank (NRB) has clamped down on the misuse of Corporate Social Responsibility (CSR) funds by banks and financial institutions, barring them from spending on entities linked to founders, board members, or top executives. Issuing the “Guideline 2081,” the central bank has also prohibited CSR spending tied...

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