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Nepalgunj, July 31: A case has been filed against 109 individuals in connection with an embezzlement scandal involving over Rs 3.2 billion at Karnali Development Bank, which has its central office in Nepalgunj, Banke. The Office of the District Government Attorney in Banke filed the case at the Nepalgunj bench

Nepal Rastra Bank (NRB), the central bank of Nepal, has declared Karnali Development Bank as a problematic financial institution.