Kathmandu. Nepal Rastra Bank (NRB) has issued a written order to the board of directors of Karnali Development Bank Ltd. <\/p>\n
According to the second quarter supervision report of the fiscal year 2081\/82 made public by the Department of Bank Supervision, both the development banks have been found to have made different types of regulatory weaknesses. <\/p>\n
According to the Nepal Rastra Bank, Garima Bikas Bank was found to have issued personal overdraft loans to blacklisted borrowers during an on-site inspection. The bank was warned as per Section 100 (1) (a) of the Nepal Rastra Bank Act, 2058 BS. <\/p>\n
Similarly, Karnali Development Bank failed to provide the details related to minimum paid-up capital to the regulator on time and did not comply with the regulatory directives. <\/p>\n
Based on this, the NRB has issued a written order to the Board of Directors of Karnali Development Bank to resolve the problem and fully implement the regulatory provision. <\/p>\n
Nepal Rastra Bank (NRB) has directed banks and financial institutions (BFIs) to strictly follow the existing laws, directives and the provisions related to good governance.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Nepal Rastra Bank (NRB) has issued a written order to the board of directors of Karnali Development Bank Ltd. According to the second quarter supervision report of the fiscal year 2081\/82 made public by the Department of Bank Supervision, both the development banks have been found to have made different types of regulatory weaknesses. […]<\/p>\n","protected":false},"author":1,"featured_media":33917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,147],"tags":[],"class_list":["post-33920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-update-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2026\/07\/garima.jpg","publishedDateNp":"\u096f \u092e\u093e\u0918 \u0968\u0966\u096e\u0967, \u092c\u0941\u0927\u092c\u093e\u0930 \u0967\u0966:\u096a\u0968","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/33920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=33920"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/33920\/revisions"}],"predecessor-version":[{"id":33921,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/33920\/revisions\/33921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/33917"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=33920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=33920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=33920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}