Kathmandu. Nepal Rastra Bank (NRB) has taken action against three development banks and two finance companies for violating regulatory provisions.
The central bank has taken action against the chairman, directors and chief executive officers of these banks and finance companies in the third quarter of the current fiscal year. Muktinath Bikas Bank, Narayani Development Bank and Salpa Bikas Bank, Pokhara Finance and Janaki Finance have been arrested.
#inline_tags_PLACEHOLDER_5#What action against #कसलाई?inline_tags_PLACEHOLDER_7###
मुक्तिनाथ Development Bank##inline_tags_PLACEHOLDER_7#
During the on-site inspection conducted by the Rastra Bank, bharat raj Dhakal, chairman of the board of directors of the organization, was found to have participated as the coordinator of the building construction committee formed for the purpose of building the organization. The alert has been given pursuant to clause (a) of Sub-section (2) of Section 100 of 2058.
नारायणी DevelopmentBank
In a letter dated 21.04.2077 when the bank removed the institution from the list of problematic institutions, it has not maintained the minimum paid-up capital within two years, to maintain the limit of collecting deposits from the general public without increasing to 100 percent of the paid-up capital, and to maintain a single customer loan limit within the limit of a maximum of 10 percent of the primary capital. Since the bank has not been able to maintain the capital fund ratio set by this bank for a long time, including providing loans beyond the single customer loan limit and collecting financial resources beyond the limit prescribed in the unified directive, the board of directors of the organization should maintain the minimum paid-up capital and capital fund ratio prescribed by this bank in accordance with clause (c) of sub-section (1) of Section 100 of the Nepal Rastra Bank Act, 2058 and repeatedly violate the instructions given by the Rastra Bank. A written order has been issued to the board of directors of the organization to immediately stop the violation of regulatory directives.
सालपा Development Bank#
The Board of Directors of The Nepal Rastra Bank Act, 2058 has been advised in accordance with sub-section (2) clause (a) of Section 100 of the Nepal Rastra Bank Act, 2058 as the Rastra Bank has maintained the prescribed minimum paid-up capital to the ‘B’ class financial institution so far and has not complied with the regulatory provisions without implementing the previous instructions given repeatedly regarding the delivery of the prescribed minimum paid-up capital.
पोखरा Finance#inline_tags_PLACEHOLDER_7#
A fine of Rs. 46,718.23 has been imposed as per the existing system as the organization has not maintained the mandatory stock amount to be maintained as per the regulatory provisions in the period (ADF) from January 13 to 26, 2019.
Similarly, in the context of the shortcomings pointed out in the report of the macro-site inspection carried out by the Rastra Bank, the CHIEF Executive Officer of the organization in charge of the overall management of the organization was found to have not fulfilled his responsibilities. A fine of Rs 5 00,000 has been imposed.
Similarly, as the non-performing loans of the organization were 33.44 percent in mid-January 2081 and the minimum capital fund ratio was not in accordance with the regulatory standards, the financial indicators of the institution should be maintained within six months as per the directives of the Rastra Bank. is.
#inline_tags_PLACEHOLDER_5##जानकी Finance#
Since the non-performing loans of the organization were 33.44 percent in mid-January 2081 and the minimum capital fund ratio was not in accordance with the regulatory criteria, the financial indicators of the institution should be maintained within six months as per the directives of the Rastra Bank.
