NRB Hand Over NCC Management

January 3: Nepal Rastra Bank (NRB) has handed over management to NCC Bank that started integration transaction form Sunday, January 1. NRB handed over the management to the NCC bank on January 2 after it merged four development banks and started integrated transaction. NRB took over the management of the bank on 2014 February 4 after visible of problems and dispute between two promoter groups.

NCC Bank was in merger process with four development banks including Supreme, International, Infrastructure and Apex Development Bank since November 27, 2015.