October 1, 2026, Thursday
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

New payment gateway launched by NMB Bank for Digital Nepal

Kathmandu. NMB Bank, in collaboration with Nepal Clearing House Limited, has launched a card-based online payment gateway to simplify and secure digital transactions across the country. This new service will greatly he...

Salt Trading Corporation to distribute 10 percent dividend

Kathmandu. Salt Trading Corporation is going to distribute 10 percent dividend. The company has announced that it will distribute the dividend to its shareholders from the profit of the last financial year. In which the company is going to distrib...

200 billion is being added to large tax payer companies, from hydropower to beverages, expanding investment in Nepal

Kathmandu. Finance Minister Dr. Swarnim Wagle has asked the multinational big taxpayer companies that have invested in Nepal to bring in more investment. In the discussion held at the Ministry on Monday, Finance Minister Wagle asked 20 large multi...

What is the exchange rate of foreign currency on Saturday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 88 paisa and the selling rate is 143...

Most of the commercial banks have reduced the interest rate for the month of February, how much?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...

The price of gold has increased, now how much do you need to buy one tola?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by one thousand rupees. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has remained at 285,000 rupees per tola....