Kathmandu, Dec 23
The power struggle between two promoter factions at Nepal Credit and Commerce Bank ( NCC ) has affected smooth operation of the financial institution.
The two warring factions—one representing the NB Group and the other led by Nirmal Pradhan—are doing their bit to establish their dominance.
A bank source said the group led by Pradhan, a prominent stock investor, is seeking to control the board at a time when NB Group has weakened its position.
Some key members of NB Group are on the wanted list of the police for financial crimes.
The two groups are also fighting for the control of
The two warring factions—one representing the NB Group and the other led by Nirmal Pradhan—are doing their bit to establish their dominance.
A bank source said the group led by Pradhan, a prominent stock investor, is seeking to control the board at a time when NB Group has weakened its position.
Some key members of NB Group are on the wanted list of the police for financial crimes.
The two groups are also fighting for the control of
