Banks Neglecting Audits, Threatening Financial Stability: NRB Report
Banking News – Nepal’s banks and financial institutions appear to be increasingly neglecting audit procedures,
Standard Chartered Fined NPR 148.5 Million; Five Banks Face NRB Action
Kathmandu – Nepal Rastra Bank (NRB), the central regulatory authority, has taken action against five
Nepal Becoming a ‘Playground’ for Foreigners Involved in Financial Crimes: 433% Surge in Just 3 Years
Kathmandu – Nepal is increasingly becoming a hotspot for foreigners engaged in financial crimes, with
CEO Ashok Sherchan Bags Rs 80 Million in Two Years While Investors Receive Nothing from Prabhu Bank
KATHMANDU – Despite posting a total net profit of Rs 280 million, Prabhu Bank has
Banks Fail to Evaluate CEO Performance, Mismanagement Found in Lending and Audits
No Proper System to Monitor Loan Utilization in Commercial Banks Banking News – Nepal Rastra
From Rs 10 to Rs 30: Cigarette and alcohol prices may triple under new proposal
Banking News — In a bold move aimed at strengthening Nepal’s health insurance program, Health
Standard Chartered Bank Hosts First Regional Correspondent Banking Academy in Nepal with Participation from 15 Nations
Kathmandu – Standard Chartered Bank successfully hosted the inaugural Regional Correspondent Banking Academy in Nepal.
Nairi Insurance Signs Strategic Cooperation Agreement with Lexasure Financial Group
Banking News — Nairi Insurance has taken a significant step toward expanding its international reach
Dan Bahadur Karki: A 30-Year Legacy of Service in Nepal Police, Now Set to Become AIG
Nepal Police, tasked with upholding the law while ensuring public safety, often requires personnel to
Prabhu Bank Under Fire for Unannounced 33% Hike in Mobile Banking Fees
Banking News – In a move drawing criticism from customers and observers alike, Prabhu Bank
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