Nepal’s banks accused of concealing non-performing loans |...

Nepal’s banks accused of concealing non-performing loans

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KATHMANDU: Former officials of Nepal’s central financial institutions have raised serious concerns about the true state of the country’s banking sector, claiming that many banks are hiding the real scale of bad loans, also known as non-performing loans (NPLs), through accounting manipulation known as “window dressing.” During a meeting of the Finance Committee of the […]

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