NRB Expresses Serious Concern Over Recent Incidents Targeting BFIs
Summary
Nepal Rastra Bank has expressed serious concern over recent disruptions targeting banks and financial institutions, emphasizing the importance of loan recovery and urging professionals to avoid obstructive actions.
Key Points
- Nepal Rastra Bank expressed serious concern over recent incidents targeting banks and financial institutions.
- NRB emphasized the importance of credit disbursement, loan monitoring, and recovery as core responsibilities of BFIs.
- NRB facilitates loan restructuring and rescheduling to address genuine borrower difficulties.
- The central bank warned against unruly actions that could disrupt banking services and indicated legal consequences for such behavior.
