September 29, 2026, Tuesday
English

Jail sentence for those who spread chaos in the banking sector, the National Bank has given a final warning

Main News Image

Kathmandu. Nepal Rastra Bank has said that it has drawn serious attention to the unprofessional and disorderly activities targeting banks and financial institutions and their employees in recent days.

The Central Bank has issued a statement warning against any activity that would affect basic services such as social security allowance, remittances and savings when banking access has been reached at all local levels through the joint efforts of the government, National Bank and financial institutions.

It is also reminded in the statement that under the Banks and Financial Institutions Act, 2073, providing loans, monitoring projects and recovering loans are the main tasks of banks.

The National Bank has made it clear that since the banks invest the deposits collected from the general public as loans, if the borrower does not pay the loan on time, it will be difficult to return the depositor's money and it will have a serious impact on the overall liquidity.

It is said that if there is any difficulty in loan payment due to any adverse circumstances, the National Bank facilitates it from time to time through facilities such as restructuring and rescheduling, and if there is any complaint in the banking transaction, there is a provision that complaints can be made to the relevant organization or the National Bank's complaint hearing mechanism.

mediabaaji add

Related News

The price of gold continues to rise, how much did it reach per tola on Monday?

Kathmandu. The price of gold in the Nepalese market is constantly on the rise. Today only gold has increased by 1 thousand 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at...

General public can apply for IPO of Super Khudi Hydropower Limited from today

Kathmandu. Super Khudi Hydropower Limited has opened its initial public issue IPO sale to the general public from today. The company has issued a total of 12 lakh 86 thousand 500 ordinary shares for common investors. Out of the total shares issued...

A ship carrying 30,000 metric tons of urea arrived at Calcutta port

Kathmandu. A third ship carrying 30,000 metric tons of urea fertilizer has arrived at Calcutta port in India with the aim of providing timely chemical fertilizers to the farmers of Nepal. According to the Ministry of Agriculture and Livestock Deve...

What is the regulation rate of which foreign currency on Thursday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 149 rupees 78 paisa and the selling rate is 150 rupees 38 paisa. Similarly, the...

Expanding energy cooperation between Nepal and Bangladesh

Kathmandu. Bangladesh has agreed to take an additional 20 MW of electricity from Nepal. The seventh meeting of the Energy Secretary-level joint directorate committee of Nepal and Bangladesh held on Thursday has agreed...

Ministry's directive to refund fees collected illegally from students

Kathmandu. The Ministry of Education, Science and Technology has directed all concerned to refund the illegally collected fees to the students. The ministry issued a statement on Wednesday and directed some institutional schools to return the amou...