KATHMANDU

The Nepal Rastra Bank has taken action against Guheshwari Merchant Banking and Finance Limited after finding irregularities in share trading. The company has been found to have sold shares in excess of the limit set in the fiscal year 2079/80, and the central bank has informed us about the action taken.

Similarly, after the violation of regulatory provisions, the Nepal Rastra Bank has also cautioned the Chief Executive Officer (CEO) of Finance, Toyraj Adhikari, in accordance with Section (ka) of Sub-section (2) of Article 100 of the Nepal Rastra Bank Act, 2058.

Additionally, the central bank has also been directed to fully comply with all regulatory provisions in the coming days.