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This document provides an overview of the history and evolution of banking worldwide and in Nepal. It discusses how banks originated from religious temples in ancient times and evolved through goldsmiths and merchants. The first modern banks were established in Italy and Spain in the 12th-14th centuries. Central banking emerged in the 17th century with the Bank of England. Commercial banking developed rapidly in the 19th century and became highly specialized globally in the 20th century. In Nepal, the first

Author

Manish Maharjan

Language

EN