Nepal Ratsra Bank (NRB) has started collecting the names of the promoters and general shareholders of the banks and financial institutions (BFIs) with the objective of building a clear database of investors and monitoring the status of cross-holding in the banking and financial system.
At present, the central bank has records of only the promoters who hold more than 2 percent shares in BFIs. This means, it is largely unaware of the status of cross-holding of smaller promoters in the banking system
news source:myrepublica.com
At present, the central bank has records of only the promoters who hold more than 2 percent shares in BFIs. This means, it is largely unaware of the status of cross-holding of smaller promoters in the banking system
news source:myrepublica.com
1 comment:
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