About this document
Document Analysis and Data Extraction by Kusum Paudel is a document available to read on EtoBox.
The document discusses key provisions of the Bank and Financial Institution Act, 2073 (2016) of Nepal. Some of the major provisions discussed are: (1) Establishment of banks and financial institutions requires permission from Nepal Rastra Bank. Foreign banks can open branches after meeting minimum capital requirements. (2) Banks and financial institutions must maintain a minimum percentage of paid-up capital for public ownership. (3) Strong regulatory and oversight powers are given to Nepal Rastra Bank to r
- Author
- Kusum Paudel
- Language
- EN