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NRB seeks details on loans issued against Lalita Niwas land

Khabarhub

February 6, 2020

< 1 MIN READ

NRB seeks details on loans issued against Lalita Niwas land

Nepal Rastra Bank. (File photo)

KATHMANDU: Nepal Rastra Bank (NRB) has sought details from commercial banks on loans disbursed with keeping Lalita Niwas land in Baluwatar as collateral.

The central bank asked the banks to furnish the details after the Commission for the Investigation of Abuse of Authority (CIAA) filed a graft case against 110 persons including former ministers for the land grab scam.

NRB Spokesperson Dr. Gunakar Bhatta said that the central bank will decide on what to do next after all the banks submit the details.

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