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Nepal Rastra Bank (NRB) has opened the doors of the banks, the workers working at the CEO’s house are also at the bank’s expense!

Artha Sarokar

Kathmandu. It has been revealed that the CEOs of the bank are taking services and facilities in violation of the rules. The Nepal Rashtra Bank made public ‘Bank Supervisory Report 2024/25′ {{} {{}} and Yes. 

According to the report of of the bank, it has been found that the Chief Executive Officer of some ( (CEO) has also hired domestic workers at the expense of {{}

On the other hand, CEOs have been found to have security security . It has been found that the provision of ‘domestic worker’ and security guard for CEO has been included in the agreement. However, the Rastra Bank has called this act a serious policy deviation. 

Similarly, the of the bank the CEOs of the of the departments that protect and control the bank} without regard to the independence of } The performance of the bank’s internal audit chief and chief risk officer {{} {{TAG_ It is also mentioned in the report of the bank that the bank has done CLOSE_span_40}.

Not only this, the report of the Rastra Bank has also revealed that the amount was transferred to the account of the concerned person {{} or within a short time of the disbursement of the loan to some {{} banks.It isclear that banks have been extremely negligent in loan management and have misused the resources of their own institutions. 

Similarly, thebank has also revealed that banks have been hiding bad loans, giving additional loans to settle loans when borrowers could not pay principal and interest, and issuing new loans to repay old loans. On paper, the financial position of of bank seems to be good, but the real financial position may be much weaker than it appeared, the report of the bank has expressed doubts{{{}.

Apart from this, the report of the State Bank has mentioned serious issues including negligence in the audit by banks by conducting audit on the basis of trainees, without security and transporting money on motorcycles . Similarly, the Rastra Bank has also questioned the working style of the bank directors. Here is the report released by the Rastra Bank:

639170338578992374. pdf

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