Nepal Investment Mega Bank

Muktinath Bikas Bank and Kamana Sewa Bikas Bank Provide Educational Support Muktinath Bikas Bank and Kamana Sewa Bikas Bank Provide Educational Support

Muktinath Bikas Bank Limited has launched the Muktinath Utkrishta Scholarship program, providing academic assistance to forty-two students in grade eleven facing financial hardship. Simultaneously, Kamana Sewa Bikas Bank Limited has distributed essential educational supplies to twenty-eight children from kindergarten to grade ten through its Hamro Baal Suraksha Dharohar Nepal initiative, aiming to alleviate financial stress for disadvantaged families.

3 articles · 4 days ago
NIMB CEO's Arrest Sparks Debate on Bank Collateral Rights and Loan Recovery Laws NIMB CEO's Arrest Sparks Debate on Bank Collateral Rights and Loan Recovery Laws

The arrest and subsequent release of Jyoti Prakash Pandey, CEO of Nepal Investment Mega Bank (NIMB), by the Central Investigation Bureau (CIB) has ignited a debate regarding banks' collateral rights and Nepal's loan recovery laws. Banking professionals express concern that the CIB's actions may intimidate the financial sector, questioning investment security and legal protections for lenders.

3 articles · 5 days ago

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