Thu, Sep 18, 2025
Nepal Rastra Bank (NRB) has taken action against half a dozen development banks due to non-compliance in the first quarter of the current FY.
The bank fined the development banks citing not keeping required reserve, lack of loan extension in deprived sector and non-maintenance of CD ratio.
Similarly, the bank also fined four finance companies for noncompliance of NRB directives.
The stock market which remained close from September 9 due to Gen Z movement is set to open on September 17.
