NRB Takes Action Against Non-Compliance Development Banks and Finance Companies

Jan 23, 2025 01:04 PM Merolagani

Nepal Rastra Bank (NRB) has taken action against few development banks and finance companies for disobedience of its regulatory provisions in the second quarter of the current FY.

The central bank took action against Garima Bikas Bank, Karnali Development Bank, Pokhara Finance, Central Finance, Lumbini Bikas Bank, Mahalaxmi Bikas Bank, Kamana Sewa Bikas Bank, Muktinath Bikas Bank, Salpa Bikas Bank, Saptakoshi Development Bank, Samriddhi Finance, Progressive Finance, ICFC Finance, Janaki Finance, Reliance Finance and Goodwill Finance.

Siddhartha Bank Logs 3 Folds Increase in Distributable Profit

Aug 08, 2025 08:25 AM

Siddhartha Bank (SBL) has published its fourth quarter report of the last FY. As per the report, the company raised its distributable profit by 3 times i.e. 220 percent to Rs 1.86 billion during the period.

Sikles Hydropower Announces Dividend, To Issue Right Share

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Kumari Bank Logs Whopping 45,829% Growth

Aug 07, 2025 08:27 AM

Meromicrofinance Raises EPS with Net Profit

Aug 08, 2025 11:20 AM

NMB Laghubitta Logs Profit

Aug 08, 2025 07:58 AM

Gold Price Creates New Record, Silver Gains

Aug 08, 2025 10:47 AM

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