It has been found that as many as 3,000 depositors had deposited their Rs. 190 million in Nepal Development Bank Limited (NDBL).
In a briefing at the board meeting of Nepal Rastra Bank (NRB) on Thursday, it was also revealed that the bank had lending of Rs. 340 million. "As much as 55 percent of those loans are unlikely to be recovered," said a source.
The NRB board discussed financial status of the ill-fated NDBL. NRB governor Dipendra Bahadur Kshetry said the NRB assessment of NDBL's financial status showed that ordinary depositors need not panic.
Source: Ekantipur
|
| share with your friends |
Friday, June 12, 2009
Subscribe to:
Post Comments (Atom)
If you are interested to publish your own articles and stories related to stock exchange, then you may submit your articles via our email. If you are interested to display your picture, then you may send your passport size picture. Our contact email address is: 
No comments:
Post a Comment