Banking News – Businessman Shankarlal Agrawal has been arrested by the Central Investigation Bureau (CIB) of Nepal Police in connection with a banking offence case.

According to CIB Senior Superintendent of Police (SSP) Anupam Shamsher Jabara, Agrawal was arrested from Dillibazar, Kathmandu, on Wednesday after being on the run in relation to the case.

Following his arrest, he was produced before the High Court for further legal proceedings.

Earlier, in Chaitra 2082 (March/April 2026), Agrawal had also been arrested in a money laundering case before being released.