KATHMANDU, Dec. 7 -- Panel given seven days to submit recommendations

The government has formed a high-level committee under Nepal Rastra Bank (NRB) Deputy Governor Shiva Raj Shrestha to look into the overall trend of monetary and capital market in recent time and recommend to the government suggestions for maintaining financial stability and addressing problems related to investment for industrial sector and capital market.

Chairman of Securities Board of Nepal (Sebon), President of Nepal Bankers' Association, representatives of organizations of stock investors and joint secretary of the Ministry of Finance (MoF) are other members of the committee formed through a minister level decision on Thursday.

The initiative comes in the wake o...