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CIB arrests Prabhu Management’s Mahaju in major fraud and illegal hundi case

KATHMANDU: The Central Investigation Bureau (CIB) of Nepal Police has arrested Hem Kumar Mahaju, former shareholder and current assistant accounts chief of Prabhu Management Pvt. Ltd., on charges of fraud, criminal breach of trust, illegal financial gains, and multiple violations under the Nepal Rastra Bank Act, 2058. Mahaju, 51,...

CIB arrests Prabhu Management’s Mahaju in major fraud and illegal hundi case
Govt issues strict directive to block sanctioned individuals from Nepal’s real-estate market

Govt issues strict directive to block sanctioned individuals from Nepal’s real-estate market

Commercial banks pour Rs 121.58 billion into share-backed loans

Commercial banks pour Rs 121.58 billion into share-backed loans

Fitch affirms Nepal’s ‘BB-’ rating, flags political risk as fiscal pressures rise

Fitch affirms Nepal’s ‘BB-’ rating, flags political risk as fiscal pressures rise

Praveen Regmi appointed new CEO of Khalti as Binay Khadka steps down after four-year tenure

Praveen Regmi appointed new CEO of Khalti as Binay Khadka steps down after four-year tenure

NRB’s assets surge to Rs 26.23 tn, set to transfer Rs 42 bn to the government

NRB’s assets surge to Rs 26.23 tn, set to transfer Rs 42 bn to the government

Govt honors top taxpayers; Raj Bahadur Shah emerges as Nepal’s highest individual taxpayer for FY 2080/81

Govt honors top taxpayers; Raj Bahadur Shah emerges as Nepal’s highest individual taxpayer for FY 2080/81

Nepal’s economy shows mixed signals—Low inflation, record reserves but weak investment and sluggish credit raise concerns

Nepal’s economy shows mixed signals—Low inflation, record reserves but weak investment and sluggish credit raise concerns

Interest rates fall again—11 commercial banks slash fixed deposit rates for Mangsir as liquidity pressure eases

Interest rates fall again—11 commercial banks slash fixed deposit rates for Mangsir as liquidity pressure eases

CIBFIN calls for urgent review of credit policies and service charges amid rising economic strain

CIBFIN calls for urgent review of credit policies and service charges amid rising economic strain

NRB governor questions misuse of SME and agriculture loans as bad debts surge

NRB governor questions misuse of SME and agriculture loans as bad debts surge

World Bank projects Nepal’s growth to slow to 2.1% in FY26 amid political instability and public unrest

World Bank projects Nepal’s growth to slow to 2.1% in FY26 amid political instability and public unrest

Singapore tops global crypto comfort index as 25% of citizens own digital currencies

Singapore tops global crypto comfort index as 25% of citizens own digital currencies

Global IME Bank concludes 19th AGM, Approves 8% cash dividend for shareholders

Global IME Bank concludes 19th AGM, Approves 8% cash dividend for shareholders

Global IME Bank Limited: A catalyst of growth and innovation in Nepal’s banking landscape

Global IME Bank Limited: A catalyst of growth and innovation in Nepal’s banking landscape

Sanima Bank appoints Pawan Acharya as new CEO, Board confirms four-year term

Sanima Bank appoints Pawan Acharya as new CEO, Board confirms four-year term

NPL pressure rises in Nepal’s banking sector as profits decline in Q1; nine commercial banks cross 5% NPL threshold

NPL pressure rises in Nepal’s banking sector as profits decline in Q1; nine commercial banks cross 5% NPL threshold

Development banks’ profit falls by 45.20% in Q1; Total profit at Rs 783.45 million, Garima leads

Development banks’ profit falls by 45.20% in Q1; Total profit at Rs 783.45 million, Garima leads

Global IME Bank among only five banks to increase profit; Records 22.91% growth

Global IME Bank among only five banks to increase profit; Records 22.91% growth

Investor confidence hits low as GenZ protests damage Rs 37 billion in assets

Investor confidence hits low as GenZ protests damage Rs 37 billion in assets

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