Government Nominated Directors Resign from State-Owned Banks
Summary
Government-appointed directors of Rastriya Banijya Bank and Agricultural Development Bank have resigned to support the government, while Nepal Bank directors have yet to resign.
Key Points
- Government-appointed directors of Rastriya Banijya Bank have resigned.
- Agricultural Development Bank Chairman and directors representing the Ministry of Finance resigned.
- Directors appointed by shareholders and independent directors have not resigned.
- Resignations from Nepal Bank directors have not yet been received but are expected.
