Nepal’s Central Bank Tightens Loan Restrictions for Shareholders, Auditors, and Employees to Curb Conflicts of Interest in Banks and Financial Institutions
Nepal’s Central Bank Tightens Loan Restrictions for Shareholders, Auditors, and Employees to Curb Conflicts of Interest in Banks and Financial Institutions Published on: Oct 9, 2024 by Khatapana

Nepal Rastra Bank (NRB) has issued a new circular to banks and financial institutions (BFIs), and one particular change is causing quite a buzz in the financial sector. In a move aimed at cutting down conflicts of interest in BFIs, the NRB has now placed more stringent restrictions …

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