Nepal Rastra Bankनेपाल राष्ट्र बैङ्क

What does it do?

• “To formulate necessary monetary and foreign exchange policies in order to maintain the stability of price and balance of payment for economic stability and sustainable development of economy, and manage it” www.nrb.org.np About NRB, objectives (restating NRB Act 2058, s.4(1)(a))
• “To increase the access of the financial service and increase the public confidence towards the banking and financial system by maintaining stability of the banking and financial sectors” www.nrb.org.np About NRB, objectives (s.4(1)(b))
• “To develop a secure, healthy and efficient system of payment” www.nrb.org.np About NRB, objectives (s.4(1)(c))

Which law set it up?

What the law says is summarised with section numbers, not quoted, because text copied from the official PDFs is not reliable.

Law

Nepal Rastra Bank Act, 2058नेपाल राष्ट्र बैङ्क ऐन, २०५८

Section

Section 3 (बैङ्कको स्थापना); s.3(2) deems the bank established under the Nepal Rastra Bank Act, 2012 to be established under this Act

Official text

lawcommission.gov.np

History

“Nepal Rastra Bank (NRB), the Central Bank of Nepal, was established in 1956 under the Nepal Rastra Bank Act, 1955” www.nrb.org.np About NRB, opening paragraph

Who leads it and who oversees it?

Head

Prof. Dr. Biswo Nath Poudel, Governor (Chairperson of the Board) www.nrb.org.np Checked 2026-10-16

Falls under

No official source found stating a supervising ministry. The NRB Board page states the Finance Secretary sits on the Board ex officio.

Website

www.nrb.org.np