The second phase of Banking Development

§ The second phase of Banking Development

Ø The modern banking in Nepal has started with established of Nepal Bank Limited in 1994 B.S.

Ø To formulate monetary policies, Nepal Rastra Bank was set up in 2013 B.S. as the central bank in Nepal.

Ø In B.S. 2022 Government set up Rastriya Banijya Bank as a fully government owned commercial Bank.