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Nabil Bank Reaffirms Data Integrity Protocols Amidst Misleading Media Reports.

Nabil Bank Limited has officially denied social media claims regarding a breach of customer transaction data. The bank clarified that any information referenced in recent news reports was accessed through legal investigative channels, not an unauthorized leak, and reaffirmed its commitment to international data security standards.

Published By Share Gyan
Nabil Bank Reaffirms Data Integrity Protocols Amidst Misleading Media Reports.

Nabil Bank Limited has issued a strong rebuttal against recent allegations circulating on social media and certain media outlets regarding the unauthorized disclosure of confidential customer data. The bank dismissed these claims as baseless and misleading, emphasizing that it maintains a zero-tolerance policy toward data negligence. Responding specifically to a report in Kantipur Daily, the bank clarified that the transaction details mentioned were obtained by authorized investigative bodies through formal legal procedures, rather than through any internal security lapse or unauthorized leak. The bank reassured its clientele that all sensitive information is strictly protected within its core banking system and is only shared with regulatory or legal authorities when mandated by law. Nabil Bank reaffirmed its adherence to prevailing data protection regulations and warned that it would pursue legal action against individuals or entities involved in spreading misinformation or attempting to defame the institution. The bank continues to urge its customers to rely on official channels for verified information regarding their accounts and the bank's security protocols.

SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion

The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.

NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5

Nepal Rastra Bank (NRB) will sell 2.5-gram gold coins and 10-gram silver medallions featuring Goddess Laxmi and Lord Ganesh on November 5 and 6 (Kartik 19 and 20) from its Minting Division in Babarmahal, Kathmandu.

Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.

Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit

Rastriya Banijya Bank Limited has reported a remarkable 175.52% year-on-year growth in net profit, earning Rs. 1.64 billion in the first quarter of FY 2083/84, compared to Rs. 598.73 million in the corresponding period of the previous fiscal year. The significant growth was driven by a sharp increase in net interest income and a substantial decline in impairment charges.

Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%

Kumari Bank Limited (KBL) has reported a modest 1.70% year-on-year growth in net profit, earning Rs. 1.07 billion in the first quarter of FY 2083/84, compared to Rs. 1.06 billion in the corresponding period last fiscal year. Despite a decline in net interest income, the bank recorded strong growth in operating profit, supported by a significant reduction in impairment charges and operating expenses.

NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

NMB Bank Limited has reported a 27.11% year-on-year increase in net profit, earning Rs. 1.16 billion in the first quarter of FY 2083/84, compared to Rs. 915.98 million in the corresponding period of the previous fiscal year. The growth was supported by higher operating income, increased net interest income, and a significant decline in impairment charges.

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