Incident Reports

Stock market investors staged a protest demanding the resignation of the governor


Bagmati, Kathmandu, Kathmandu

The Share Market Reform Struggle Committee staged a demonstration in Kathmandu demanding the resignation of Governor of Nepal Rastra Bank Maha Prasad Adhikari. The committee alleged that the overall share market has not been able to move forward as the NRB has brought policy programs to trap the very existence of the capital market.

They have written to the NRB, Ministry of Finance, Securities Board and Nepal Stock Exchange saying that the policy brought by NRB and the irresponsibility of the incumbents have demoralized the stock market investors. NRB  invested Rs. 4/12 crore in loans of 'margin' nature which has become an obstacle to the development of the capital market. They even called for the immediate repeal of the limit.

Details and Impacts
Violent / Non-violent Nonviolent
Primary Form Demonstration
Primary Cause Other economic issues
Actor 1 - Number of people n/a
Actor 1 - Affiliations Citizen/Individuals
Actor 1 - Youth na
Actor 2 - Number of people n/a
Actor 2 - Affiliation (Target) Other state institutions
Actor 2 - Youth na
National/Online Media