Kathmandu.\u00a0When we talk about controversial characters in Nepal’s banking sector, one name comes up again and again \u2013 Ramesh Raj Aryal. Sometimes the CEO, sometimes the director, but wherever he goes, the controversy seems to have gone together. <\/p>\n
He took over the leadership of NCC Bank. As the bank’s condition deteriorated, it was eventually merged with Kumari Bank. He later became the CEO of Kumari Bank. But he could not complete his term there either. He resigned. But the controversy didn’t end there. <\/p>\n
Even after his resignation, the Nepal Rastra Bank (NRB) directed him to return the amount after it was confirmed that he had received millions of rupees illegally. His name was also added to the list of CEOs who received such a directive from the regulator in the history of banking. <\/p>\n
He then became a director of Citizens Bank. But there was also a legal question. Nepal Rastra Bank (NRB) has clearly said that a former CEO cannot become a director without completing the cooling period. He had to step down as a director of Citizens Bank after the regulator’s objection. But he didn’t stop again. <\/p>\n
This time, his destination was Prabhu Bank. And now he is the director of Prabhu Bank. But Prabhu Bank itself is at the center of the controversy. The court has ordered the former CEO to be sent to jail. Other senior officials, including the former deputy CEO, are also absconding after the court order. The then chief business officer is in police custody. Nepal Rastra Bank has already taken action against the bank. The regulator has also pointed out the fact that the bank has submitted wrong details. <\/p>\n
In the midst of so many controversies, another question has been raised about Ramesh Raj Aryal, who is in the role of a director. After the merger of Century Commercial Bank with Prabhu Bank, he has been accused of selective revenge in the transfer process of employees. At that time, there was dissatisfaction within the bank saying that some were given priority and some were ignored. <\/p>\n
From NCC to Kumari, from Kumari to Citizen and from Citizen to Prabhu, Ramesh Raj Aryal’s journey seems to be more known for controversy than achievement. <\/p>\n
The question now remains the same, how can a person who has been accused of repeatedly raising regulatory questions, refunding illegal salaries, and violating the cooling period become a director of another bank? <\/p>\n
And the bigger question – who is giving opportunities to controversial characters in Nepal’s banking system again and again? <\/p>\n
It is time for the regulator, the board of directors and the concerned authorities to answer these questions.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu.\u00a0When we talk about controversial characters in Nepal’s banking sector, one name comes up again and again \u2013 Ramesh Raj Aryal. Sometimes the CEO, sometimes the director, but wherever he goes, the controversy seems to have gone together. He took over the leadership of NCC Bank. As the bank’s condition deteriorated, it was eventually mergedContinue reading “One bank after another, one controversy after another! Why does Ramesh Raj Aryal raise questions wherever he goes?”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":83078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[108,132,159,162],"tags":[],"class_list":["post-83080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-breaking-second-en","category-artha-khabar-special-en","category-bank-insurance-en","category-bank-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/arthakhabar.com\/wp-content\/uploads\/2026\/08\/ramesh-raj-aryal.jpg","_links":{"self":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/83080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/comments?post=83080"}],"version-history":[{"count":1,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/83080\/revisions"}],"predecessor-version":[{"id":83081,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/83080\/revisions\/83081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/media\/83078"}],"wp:attachment":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/media?parent=83080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/categories?post=83080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/tags?post=83080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}