The banking service of Karnali Development Bank has been suspended until Sunday. After the problematic announcement, the team assigned by Rashtra Bank for management control is taking control of the assets of the institution and checking the financial accounts. The service has been suspended.

The team has informed that the management of Karnali Development Bank has been taken over from Rashtra Bank, which has suspended banking operations until Sunday for the purpose of checking the financial accounts.

The three-member team assigned to control the management of this organization has taken over the management. The management group has taken over all the assets and liabilities of the organization and has started to check the financial accounts,' the statement issued by the team said, 'Continuously discussing various options with banks and financial institutions and other related parties for the purpose of deposit payment and regular banking transactions.' By adopting all the available measures, payment will be made as soon as possible from the depositor as requested A team from the National Bank has handled it. A three-member management group under the coordination of Tikaram Khatiwada, deputy director of the Bank and Financial Institutions Regulation Department, reached Nepalgunj on Wednesday to take control of the management.