KATHMANDU, Jan. 25 -- Since the SEBON started process to issue new license, it has invited controversies

Amid growing controversy over whether or not to establish the second stock exchange market, the government has formed a committee to study the rationale behind the second institution in the segment.

A Cabinet meeting held on Tuesday decided to form a three-member committee to study the issue. The committee led by former Deputy Governor of Nepal Rastra Bank Chintamani Shiwakoti will include a lawyer and a chartered accountant, informed government spokesperson Rekha Sharma on Wednesday.

Earlier, the government had asked the Securities Board of Nepal (SEBON) to halt the process of licensing the new security exchange after the sector's ...