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Prabhu Bank CEO Ashok Sherchan gets 5-day remand extension in banking offense probe

KATHMANDU: The Central Investigation Bureau (CIB) has been granted an additional five-day remand to continue its investigation against Prabhu Bank’s Chief Executive Officer Ashok Sherchan and two other senior officials arrested on banking offense charges. CIB spokesperson Senior Superintendent of Police (SSP) Shiva Kumar Shrestha confirmed that the court...

Prabhu Bank CEO Ashok Sherchan gets 5-day remand extension in banking offense probe
The Current State of Nepal’s Economy: Strengths and Strategic Shifts

The Current State of Nepal’s Economy: Strengths and Strategic Shifts

NIC Asia partners with NCHL to roll out NEPALPAY domestic card scheme

NIC Asia partners with NCHL to roll out NEPALPAY domestic card scheme

Central Bank governor urges banks to design loan products matching entrepreneurs’ needs

Central Bank governor urges banks to design loan products matching entrepreneurs’ needs

NRB reviews stability risks after arrest of Prabhu Bank’s senior officials

NRB reviews stability risks after arrest of Prabhu Bank’s senior officials

Q1 monetary policy review signals weak recovery, Rising credit stress, and structural limits to growth

Q1 monetary policy review signals weak recovery, Rising credit stress, and structural limits to growth

Financial Integrity Crisis: Prabhu Bank CEO, DCEO arrested while IMF pushes independent audit of Nepal’s major lenders

Financial Integrity Crisis: Prabhu Bank CEO, DCEO arrested while IMF pushes independent audit of Nepal’s major lenders

NEPSE falls 26 points; Five stocks hit 10pc upper circuit as market sees Rs 7 bn turnover

NEPSE falls 26 points; Five stocks hit 10pc upper circuit as market sees Rs 7 bn turnover

NRNA factions unite in Kathmandu, Ending years of organizational dispute

NRNA factions unite in Kathmandu, Ending years of organizational dispute

Nepal banking cybersecurity: New multi-phase initiative proposed to boost sector resilience

Nepal banking cybersecurity: New multi-phase initiative proposed to boost sector resilience

IIMS College begins operation of Its new international-standard campus in Nepal

IIMS College begins operation of Its new international-standard campus in Nepal

Govt clears plan to issue Rs 13 billion shares to NRNs, Migrant Nepalis in Upper Arun Hydro

Govt clears plan to issue Rs 13 billion shares to NRNs, Migrant Nepalis in Upper Arun Hydro

Shikhar Insurance becomes first Nepali insurer to win SAFA certificate of merit for annual report excellence

Shikhar Insurance becomes first Nepali insurer to win SAFA certificate of merit for annual report excellence

IGFC session flags tax disputes, budget execution failures and poor coordination across three tiers

IGFC session flags tax disputes, budget execution failures and poor coordination across three tiers

ADB to strengthen PFM and devolved service delivery in Nepal

ADB to strengthen PFM and devolved service delivery in Nepal

Govt allows sale of Rs 200 billion worth of previously “Held” real-estate assets after lifting land ceiling restrictions

Govt allows sale of Rs 200 billion worth of previously “Held” real-estate assets after lifting land ceiling restrictions

Trump administration orders sweeping immigration review following national guard shooting incident

Trump administration orders sweeping immigration review following national guard shooting incident

Ncell’s NPL play pack to enjoy NPL season 2 matches LIVE via DishHome GO app

Ncell’s NPL play pack to enjoy NPL season 2 matches LIVE via DishHome GO app

Nepal Rastra Bank awards tender to chinese firm to print 430 million units of Rs 1,000 notes

Nepal Rastra Bank awards tender to chinese firm to print 430 million units of Rs 1,000 notes

Nepal’s tea exports decline by 37% in first quadrimester

Nepal’s tea exports decline by 37% in first quadrimester

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