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Nepal Rastra Bank reprimands Nepal Investment Mega Bank’s arbitrariness, reveals bad loans

Artha Sarokar

Kathmandu. It has been revealed that Nepal Investment Mega Bank has misbehaved by showing bad loans as good. This misconduct has come to the surface after the regulator Rastra Bank took action by confirming the mis conduct of the bank.

During the supervision of of Nepal Investment Mega Bank, the petitioner company issued promission ary notes from Kamaladi branch of the bank {{}} and confirmed and on different dates. It was found that the bank had purchased a bill of Rs. 41. 36 crore from the beneficiary and showed the loan in the loan loan and repeatedly extended the maturity date of the letter of credit and showed it as a good loan by extending the maturity date of the letter of credit to the end of Chaitra 2079. Action has been taken against Nepal Investment Mega Bank for violating the unified directive issued by Nepal Rastra Bank.

The Rastra Bank has also taken action against the bank for deficiencies in the base rate issued by the bank. Nepal Investment Mega Action has been taken against the existing system of calculating the base rate by including the expenditure on corporate social responsibility while calculating the base rate as per the 207 9 Directive issued by the Rastra Bank to the licensed institutions. 15 (3) while calculating the base rate, including the expenses for corporate social responsibility, has been taken into action against the prevailing provision.

Similarly, Nepal Investment Mega has calculated the capital fund by underestimating the risk of some loans while calculating the capital fund. After Nepal Investment Mega was found to have done this wrongdoing, the Rastra Bank has taken action against the prevailing system of the Rastra Bank.

Remember, the court has stopped the election of the bank after questions were raised about the qualification of the directors of the directors of Nepal Investment Mega Bank, which has been embroiled in controversy in various cases in recent times. The case related to this is also pending at present.

अर्थ सरोकारमा प्रकाशित 'प्रिमियम स्टोरी' बाहेक सबै समाचार सामाग्री नि:शुल्क पढ्न पाइन्छ । तर, प्रिमियम स्टोरी पढ्न भने स्टोरीमा पढ्न उल्लेखित रकम तिर्नुपर्छ । स्टोरी लिंकमा उल्ल्खित रकम सोहि एउटा समाचार पढ्नका लागि मात्र हो । सुरुमा प्रिमियम युजरका रुपमा सदस्य बनी उल्लेखित रकम तिरेर आफुले रोजेको समाचार पढ्न सक्नुहुनेछ । सदस्य बन्नका लागि यहाँ क्लिक गर्नुहोस् ।

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