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

KATHMANDU: Prabhu Bank Chief Executive Officer Ashok Sherchan has been arrested by Nepal Police’s Central Investigation Bureau (CIB) on charges related to banking offences, intensifying concerns over corporate governance and financial crime in Nepal’s banking sector at a time of rising global scrutiny. CIB spokesperson Shivakumar Shrestha said CEO...

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

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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

“Road ambulance” launched in Kathmandu for immediate pothole repair

“Road ambulance” launched in Kathmandu for immediate pothole repair

Legal battles over NRNA leadership to be withdrawn as rival factions sign unity deal

Legal battles over NRNA leadership to be withdrawn as rival factions sign unity deal

Nepal to enforce online tracking of foreign tourists from January 1

Nepal to enforce online tracking of foreign tourists from January 1

NEPSE adjusts share prices of five companies including sarbottam cement

NEPSE adjusts share prices of five companies including sarbottam cement

FNCCI President Dhakal calls for investing SSF in productive sectors

FNCCI President Dhakal calls for investing SSF in productive sectors

Nepal, Bangladesh move forward on Sunkoshi-3, cross-border power export study

Nepal, Bangladesh move forward on Sunkoshi-3, cross-border power export study

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