News

Customers duped by dealer as Himalayan Bank moves to seize 337 scooters

KATHMANDU: Himalayan Bank has initiated the process to seize 337 Vespa and Aprilia scooters after the borrower failed to repay the loan principal and interest, triggering recovery action under collateral enforcement procedures. The bank issued a 15-day public notice, stating…
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775 EVs free to go after authorities find nothing wrong

KATHMANDU: The Armed Police Force Nepal (APF) has released 775 electric vehicles that were taken under control on June 4, 2026, following an investigation that found no irregularities in their import process. The vehicles were detained from the Jomsom and…