Rastriya Banijya Bank Limited - Senior Assistant - Level 5 - Internal Exam Question 2072 - First Paper

Introduction - Rastriya Banijya Bank Limited

Rastriya Banijya Bank (RBB) is completely government possessed, and the biggest business bank in Nepal. RBB was set up on January 23, 1966 (2022 Magh 10 BS) under the RBB Act. RBB gives different managing an account administrations to an extensive variety of clients including banks, insurance agencies, mechanical exchanging houses, aircrafts, lodgings, and numerous different areas. RBB has Nepal's most broad keeping money coordinate with 161 branches.

RBB is one of the pioneer banks in the nation, with a past filled with almost 50 years. Prior constituted under RBB Act 2021 with the full responsibility for legislature of Nepal, the bank has been running under Bank and Financial Institute Act (BAFIA) and Company Act (CA) 2063. The bank, authorized by NRB as an 'A' class business bank of the nation, has grown up as an essential segment of the Nepalese economy. It was the most elevated benefit procuring bank for financial year 2014/15. The bank has the second most generously compensated up capital until the finish of FY 2015/16 after horticulture advancement bank. As far as store, the bank has gathered Rs more than Rs 130 billion (FY 2015/16), which is the most noteworthy store of any business bank in Nepal.