Nepal Bank Denies NPR 20.4 Billion Missing Report: False & Misleading News
12th June 2025, Kathmandu
Nepal Bank Limited has denied recent reports that NPR 20.4 billion went missing during the fiscal year 2074/75 (2017/18). The bank called the news misleading, false, and without any basis.
Nepal Bank Denies Missing Report
On Wednesday, the bank’s central office in Dharmapath, Kathmandu, issued a press statement. It said the reports were wrong and caused unnecessary confusion. The bank stressed that no such financial mismanagement had taken place.
Clear Statement From The Bank
In its official release, Nepal Bank said it had taken serious note of the false news circulating in different media outlets. These reports claimed that NPR 20.4 billion and 15 lakh had disappeared from the bank. However, the bank rejected this claim outright. It urged the public and media to rely on facts and verified financial data.
The statement read, “Serious attention has been drawn to misleading, false, and baseless news about NPR 20.4 billion going missing during the fiscal year 2074/75.”
Nepal Bank insisted that its financial activities follow Nepal Rastra Bank’s (NRB) instructions. The bank also said it works under the laws of Nepal. It regularly audits its accounts and publishes its financial reports.
Audits And Public Reports
The bank mentioned that it prepares both quarterly and annual financial reports. These reports go through proper audits. After that, they are made public. Anyone can access them, including customers, investors, and regulators.
Nepal Bank said that there is full transparency in its accounting. Its financial records remain open for review by both the public and the concerned regulatory authorities.
The bank added, “We strictly maintain our accounts following Nepal Rastra Bank’s guidelines and national laws. We share our audited financial reports quarterly and annually for everyone’s access.”
Nepal Bank emphasized its focus on integrity and transparency. It said that its accounting system ensures accuracy. All data gets verified and checked by internal and external auditors.
Compliance With Regulations
Nepal Bank also highlighted its commitment to regulatory compliance. It follows every directive from Nepal Rastra Bank and other oversight institutions. The bank said regulators have full access to its operations and compliance measures.
It further stated, “Nepal Bank is committed to fully following the policies and rules of all regulatory bodies.”
The bank called the reports damaging and unfair. It urged media houses to verify facts before publishing such serious claims. According to Nepal Bank, such false news can damage public trust in the banking sector.
The bank requested the general public not to believe in rumors. It asked customers and stakeholders to depend on the official statements and verified documents shared by the bank.
Background And Reaction
The news about missing NPR 20.4 billion had started to spread earlier this week. Some online portals and social media accounts published the reports without confirmation. As a result, public attention turned to Nepal Bank.
This raised questions among investors and account holders. People began asking if the bank had failed to secure such a large amount. However, Nepal Bank acted quickly to address the issue. It issued a clear statement to clarify its position.
Banking experts also reacted to the news. Some warned that unverified claims could harm the reputation of established institutions. They asked for responsible reporting, especially when it involves public finance.
About Nepal Bank Limited
Nepal Bank Limited is Nepal’s first commercial bank. It was established in 1937. The bank has played a key role in Nepal’s banking history. It has expanded its services across the country.
Today, Nepal Bank provides banking and financial services to individuals, businesses, and government bodies. It has a large network of branches and thousands of customers.
Over the years, Nepal Bank has focused on trust and professionalism. It has improved its services and maintained regulatory standards. The bank says it will continue to focus on transparency and public service.
In conclusion, Nepal Bank has firmly denied any wrongdoing. It says that every rupee is accounted for. The bank has asked the public to trust its verified records and reports. It has also warned against the spread of misleading information in the media.
For more: Nepal Bank Denies Missing Report
