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Introduction - Nepal Rastra Bank
Nepal Rastra Bank (NRB), the Central Bank of Nepal, was set up in 1956 under the Nepal Rastra Bank Act, 1955, to release the focal saving money obligations including controlling the advancement of the embryonic residential monetary division. Since commencement, there has been a huge development in both the number and the exercises of the residential budgetary establishments. To mirror this dynamic condition, the capacities and targets of the Bank have been recast by the new NRB Act of 2002, the introduction of which sets out the essential elements of the Bank as:
The Bank is prominently mindful that, for the accomplishment of the above targets in the present powerful condition, supported advance and proceeded with change of the money related segment is of most extreme significance. Persistently mindful of this awesome duty, NRB is genuinely seeking after different approaches, procedures and activities, which are all passed on in the yearly investigate financial arrangement.
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