Economy

NRB Takes Action Against Five Development Banks and Three Finance Companies for Regulatory Violations

KATHMANDU: Nepal Rastra Bank (NRB) has taken action against five development banks and three finance companies for violating regulatory norms in the last quarter of the fiscal year 2023/24. The development banks facing action are Karnali Development Bank, Narayani Development Bank, Corporate Development Bank, Sindhu Development Bank, and Excel...

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