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Himalayan Bank Basel Fraud: NRB Launches Probe

Summary by Startup And Technology News From Nepal
29th May 2025, Kathmandu Nepal Rastra Bank (NRB), Nepal’s central bank, has started an onsite supervision of Himalayan Bank. This move follows reports that the bank submitted manipulated Basel regulatory reports for two years. The reports allegedly concealed the bank’s true accumulated losses. NRB’s Banking Supervision Department is now investigating these discrepancies in detail. Himalayan […] The post Himalayan Bank Basel Fraud: NRB Launches P…
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Startup And Technology News From Nepal broke the news in on Thursday, May 29, 2025.
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