Nepal Rastra Bank Ensures Credible Banking Sector, Fostering Public Confidence for Economic Prosperity

Recently, Banks and Financial Institutions under the direct oversight of the Nepal Rastra Bank have faced scrutiny due to misleading expressions and disinformation spread by certain individuals or groups. The banking sector is recognized as the economic backbone of Nepal, and to contribute to its long-term development, the emphasis is placed on cooperation, stability, and research. The central bank is legally entrusted with the responsibility of establishing and maintaining the overall credibility of the banking and financial sector to enhance public trust.

Operating under the guidance and supervision of the Nepal Rastra Bank, banks with approval certificates adhere to international banking principles and best practices. This bank conducts regular inspections, ensuring the stable operation and credibility of these institutions. The recent financial status, deposit-to-loan ratio, and liquidity conditions of approved banks and financial institutions align with the directives of the Nepal Rastra Bank. Any issues related to loans, institutional governance, etc., are addressed through timely guidance for improvement.

In light of the current state of banking operations, it is evident that the overall banking sector is capable and subject to regular monitoring by the Nepal Rastra Bank. The bank places a top priority on the security of public deposits during its guidance, inspections, and supervisory activities. Despite external attempts to mislead the public, the banking sector remains stable, and the Nepal Rastra Bank urges investors, depositors, customers, and stakeholders to continue regular business operations with confidence.