Two banks have been penalized for their failure to maintain the credit and deposit (CD) ratio.
Nepal Rastra Bank took action against Kumari Bank and Himalayan Bank Limited for not maintaining the CD ratio.
Kumari Bank was fined Rs 5 million 963 thousand rupees while Himalayan Bank has been fined 13 million 900 thousand rupees.
Meanwhile, Prime Commercial Bank has been warned for underestimating the risk-weighted assets in line with the Capital Adequacy Framework 2015.
According to the Capital Adequacy Framework 2015, NRB summoned the CEO of Prime Bank and alerted him for calculating the risk-weighted assets lower than the actual value and charging interest by increasing the premium rate.
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