Circulars issued by NRB to disclose the paid up capital increment plan in website
Kathmandu, September 25. Nepal Rastra Bank has instructed the Banks and Financial Institutions to disclose their capital increment plan. Institutions which have submitted their plan to NRB till the mid September are instructed to publicize their plan through their official website in order to inform the general public.
Earlier, NRB had instructed Banks and Financial institutions to submit their capital increment plan till mid- September.
Thorough this year's monetary policy, NRB had directed Banks and Financial to increase their paid-up capital by 400% within 2 years of time. on the same regard, it had issued circulars to submit the capital increment plan within mid September.
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