Nepali Congress MP and businessman Binod Chaudhary has expressed concern over declining investor confidence in the banking sector, highlighting that some are ready to sell their Rs. 100 shares for just Rs. 40.
Speaking at the Finance Committee meeting of the House of Representatives on Asar 19 (Thursday), Nepali Congress lawmaker and entrepreneur Binod Chaudhary stated that investors in banks are currently discouraged and willing to sell their Rs. 100 shares for only Rs. 40.
He emphasized that although bankers and businesspersons should be separate, the current situation does not reflect this distinction. “Those investing in banks are now discouraged. A friend even asked me to help find a buyer for shares priced at just Rs. 40,” he said during the discussion
Chaudhary also stressed the need to rewrite the bill that seeks to amend the Bank and Financial Institutions Act (BAFIA).
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
