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NRB starts investigation on BFIs misusing benefits of remittance account to lure depositors with high interest rates

NRB starts investigation on BFIs misusing benefits of remittance account to lure depositors with high interest rates

November 9, 2022 20:05 pm

KATHMANDU, Nov 9: Nepal Rastra Bank (NRB) has asked banks and financial institutions (BFIs) to send the details of remittance based deposit accounts in order to investigate the undue benefits that the BFIs have been taking using this type of accounts.

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