Relief for NDB depositors
Relief for NDB depositors
Published: 05:32 am Sep 21, 2009
KATHMANDU: Nepal Rastra Bank (NRB) on Sunday decided to release Rs 27.9 million for the depositors of Nepal Development Bank (NDB). On Friday, the Patan Appellate Court directed the NRB to let the depositors withdraw a minimum amount in view of the festive season. The court ordered the NRB to let the customers withdraw 50 per cent of their deposits, if the deposit is up to Rs 1 lakh. While, the maximum amount that be withdrawn is Rs 2 lakh, which ought to be at least 50 per cent of the deposit. Depositors can withdraw their sum from Tuesday.