Nabil Bank CEO Manoj Gyawali Calls for Reforms in Banking Sector
Summary
Nabil Bank CEO Manoj Gyawali calls for reforms in the banking sector, emphasizing legal and practical improvements, revising loan classification rules, and better coordination between monetary policy and government payments to reduce risks.
Key Points
- Nabil Bank CEO Manoj Gyawali urges improvements in practical and legal aspects of the banking sector.
- He highlights the need to revise loan classification and blacklisting provisions to distinguish between unwilling and unable borrowers.
- Gyawali warns of risks to banks due to delayed government payments to construction entrepreneurs, increasing NPLs.
- He calls for demand-based loan disbursement policies and legal reforms to simplify banking procedures, including collateral pledging.
