The Supreme Court intervened to protect the autonomy of the Nepal Rastra Bank, confirming its operation within Nepal's legal framework.
1 report, 1 independent
Updated Sep 13
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What happened
The Supreme Court intervened to protect the autonomy of the Nepal Rastra Bank, confirming its operation within Nepal's legal framework.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Nepal government made key financial appointments and confirmed the central bank's function within the nation.Also in this story
- The Nepal Chamber of Commerce urged the central bank to introduce a business-friendly monetary policy.
- Finance Minister discusses government policies supporting private enterprise in Nepal.
The entities involved
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Nepal Rastra Bank
central bank of Nepal
Nothing else this week.
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supreme court
highest court in a jurisdiction
Related events
- Parliament considers bills affecting the independence of the Nepal Rastra Bank, the country's central bank.
- NRB issues directives to banks and financial institutions, following a package endorsed by the cabinet after a Ministry of Finance proposal.
- The Government of Nepal, through the central bank, issued commemorative coins on August 1st, representing the nation.
- NRB requires mandatory lending to priority sectors, leading to high bad debt among banks.
- Supreme Court heard an appeal against a Delhi High Court judgment, urging the Law Commission to examine deposit uniformity.