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Nepal Investment Mega Bank has no problem in day-to-day operations: NRB

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has stated that there is no problem in the day-to-day operations of Nepal Investment Mega Bank Limited (NIBL). KATHMANDU: Nepal Rastra Bank (NRB) has clarified that the liquidity and financial strength indicators of the bank are satisfactory despite the fact that the charge sheet has been filed at the Kathmandu District Court against the bank’s directors and CEOs.

Nepal Rastra Bank (NRB) has been closely monitoring the bank’s operations and management. Likewise, discussions are underway regarding the existing legal provisions after taking necessary feedback.

According to NRB, the financial condition of the bank is satisfactory as per the set criteria and there is no situation of any complications in the day-to-day operation of the bank.

As the case is sub-judice at the District Court, further discussions and legal opinion will be sought based on the nature, duration and seriousness of the case as well as the day-to-day operational situation of the bank.

According to the NRB, necessary measures will be adopted as per the law regarding the board of directors, top management and operation of the bank as per the need.

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