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Nepal Rastra Bank Warns Against Misinformation

February 21, 2024
Nepal Rastra Bank

The Nepal Rastra Bank (NRB) has issued a strong statement urging the public to ignore rumors and misinformation designed to undermine confidence in the country’s banking sector. The central bank emphasizes that banks and financial institutions (BFIs) are closely regulated and remain stable.

The NRB expressed concern over attempts to mislead investors, depositors, and stakeholders. They stressed that the banking sector is vital to Nepal’s economic health and that regular monitoring ensures its strength.

Key Messages from the NRB:

  • Disregard rumors and misinformation about the banking sector.
  • Banks and financial institutions are stable and closely supervised.
  • Continue banking transactions with confidence.
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