Credit Information
Bureau (CIB) blacklisted former central bank governor and chairman of Nabil
Bank Satyendra Pyara Shrestha today as he has failed to pay back loan to NB
Bank taken by Amie Pharmaceuticals.
CIB also blacklisted Bhibha Kumari Mishra, Indrani Mukherjee, Uttam Kumar Mukherjee.
CIB also blacklisted Bhibha Kumari Mishra, Indrani Mukherjee, Uttam Kumar Mukherjee.
NBB had
earlier asked the CIB to blacklist Shrestha after it failed to recover the
loans from him and his partners.
Shrestha will now have to step down from the post of chairman of Nabil Bank as the Bank and Financial Institution Act bars any individuals blacklisted by CIB to be a board member in any financial institutions.
Shrestha and his partners
had taken a loan of Rs 40 million from NBB more than four years ago. NBB had issued
a 35-day notice for payment last month.Shrestha will now have to step down from the post of chairman of Nabil Bank as the Bank and Financial Institution Act bars any individuals blacklisted by CIB to be a board member in any financial institutions.
Meanwhile, the CIB today also blacklisted Rajendra Shakya for being unable to pay back loan of Comfortable Housing.
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