Banks and Financial Institutions Instructed to Follow Stricter Protocols Amidst Risk of New Covid-19 Wave

In response to the increased risk of new strain infection of Covid-19, Nepal Rastra Bank has issued a set of instructions to banks and financial institutions.

A, B, C, and D class financial institutions have been instructed to follow the instructions issued by the government and WHO. The central bank has urged banks and financial institutions to ensure optimum protection and minimization of virus transmission among staff members directly involved in front-line banking services.

For this, the central bank has instructed the banks and financial institutions to maintain proper physical distancing while minimizing physical presence as much as possible. The central bank has recommended keeping the ATM booths open for proper ventilation along with necessary sanitization equipment. Lastly, all banks and financial institutions have been instructed to minimize physical gatherings, meetings, seminars, training programs and revert back to virtual conferencing.