Fri, Jan 30, 2026
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.
Solu Hydropower has allotted recently issued initial public offering (IPO) to the general public on January 26 in the premises of Nabil Investment Banking, issue manager of the company.
