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Nepal Rastra Bank head office in Baluwatar, Kathmandu The Nepal Rastra Bank (NRB; Nepali: नेपाल राष्ट्र बैंक) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector.
The Nepal Rastra Bank has licensed 107 BFIs [clarification needed] as of mid-Jan 2025 and 4 of them are declared problematic a& transactions are suspended. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters. [clarification needed] [1]
Nepal Rastra Bank: Financials Banks Kathmandu: 1956 Central bank S A Nepal SBI Bank: Financials Banks Kathmandu: 1992 Joint venture bank with State Bank of India: P A Nepal Stock Exchange: Financials Investment services Kathmandu: 1993 Primary exchange S A Nepal Telecom: Telecommunications Fixed line telecommunications Kathmandu: 1913 State ...
He is the Chairperson of the Board of Directors of the Bank as per the provisions of the Nepal Rastra Bank Act 2002. [1] He was appointed as the Governor of the Bank by Government of Nepal on 6 April 2020. [2] Before he was appointed as the Governor, he also served as the Chief Executive Officer of the Investment Board Nepal (IBN) for three ...
Starting with King Mahendra who succeeded to his father Tribhuvan in 1955, the banknotes were issued by Nepal Rastra Bank (Nepal National Bank) which was founded in April 1956. The signature of the governors of this institution is found on the banknotes which were issued after this date.
On 27 January 1956 (Magha 13, 2012 B.S) King Mahendra appointed Acharya as the prime minister of Nepal. The first five-year plan was launched during his tenure as prime minister. During his time, Nepal Rastra Bank and the Supreme Court were established. [12] [13] Acharya's tenure is also seen as a golden age for Nepal in foreign relations. In ...
The Nepalese rupee (Nepali: रुपैयाँ, Roman: Rupaiyām̐; symbol: रु.; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.
He was fourth Governor of Nepal Rastra Bank from 14 August 1966 to 26 July 1967. [3] He was Minister of Finance between 1976 and 1978 A.D after serving as State Minister of Finance and Secretary of Finance Ministry.