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Central bank penalizes three banks for violations

himalaya Diary News Service by himalaya Diary News Service
February 17, 2026
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Nepal Rastra Bank has taken regulatory action against NIC Asia Bank, Global IME Bank, and Nepal Investment Mega Bank for non-compliance with banking directives. During the second quarter of FY 2025/26, NIC Asia Bank was fined Rs 400,000 for reporting and leadership-related lapses. Executives of the other two banks received formal warnings over shortcomings in loan loss provisioning and interest rate spread management. NRB stressed the importance of strict regulatory compliance to preserve financial stability and public confidence.

 

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