Central Bank to be regulate cooperatives with turnover over NPR 500 million
The House of Representatives (HoR) has passed a proposal to amend the Nepal Rastra Bank Act, granting the central bank authority to regulate cooperatives with substantial transactions. The amendment, endorsed by the HoR on Wednesday, enables the Nepal Rastra Bank (NRB) to oversee, inspect, and supervise cooperative organizations with a share capital or annual turnover […]
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