Nepal Rastra Bank
The Nepal Rastra Bank was established on April 26, 1956 A.D. under the Nepal Rastra Bank Act 1955 AD to regulate and systematize domestic financial sector. As the central bank of Nepal, it is the monetary, supervisory and regulatory body of all the commercial banks. financial institutions and micro-finances. The head office is located in Baluwatar, Kathmandu and it has seven district offices, located at Biratnagar, Janakpur, Birgunj, Pokhara, Siddharthanagar, Nepalgunj, and Dhangadhi.
It supervises the commercial banks in Nepal and guides monetary policy. Nepal Rastra Bank also oversees foreign exchange rates and the country's foreign exchange reserves. The bank is one of the principal owners of the Nepal Stock Exchange.
It is a member of the Asian Clearing Union. The incumbent governor of Nepal Rastra Bank is CA Maha Prasad Adhikari while Dr. Gunakar Bhatta is the spokesperson.
Former Governors
Board of Directors
As per the Nepal Rastra Bank Act, 2002, Nepal Rastra Bank Board of Directors has seven members. The governor of Nepal Rastra bank Chair the Board of Directors. The Governor, Deputy Governors and other Directors are appointed by Government of Nepal, Council of Ministers for term of five years. Government may, reappoint the retiring Governor for another one term and the retiring other Directors for any term, if it is deemed necessary.S.no | Name | Position | Member Since |
01 | Mr. Maha Prasad Adhikari | Chairman | April 6, 2020 |
02 | Mr. Sishir Kumar Dhungana | Member | February 13, 2020 |
03 | Mr. Chinta Mani Siwakoti | Member | March 2, 2016 |
04 | Mr. Shiba Raj Shrestha | Member | March 2, 2016 |
05 | Dr. Sri Ram Poudyal | Member | April 16, 2017 |
06 | Mr. Ramjee Regmi | Member | April 16, 2017 |
07 | Dr. Suvod Kumar Karn | Member | April 24, 2018 |