Feb Fri 2023 03:52:42
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Kathmandu. Nepal Rastra Bank has amended the regulations regarding office hours of banks and financial institutions. The National Bank has introduced a provision that banks and financial institutions must provide services even on public holidays announced by the government.
The National Bank has announced that it has implemented such a system from today by amending the "Integrated Instructions issued by Banks to Banks and Financial Institutions, 2079".
"In addition to the list of bank holidays issued by Nepal Rastra Bank, arrangements should be made to keep the offices of banks and financial institutions open from 10 am to 1:30 pm to provide essential banking services such as cash transactions, check clearing, real time gross settlement, etc. ", it is said in the instructions of the Nepal Rastra Bank.
Previously, if banks and financial institutions had to provide services on days other than the opening day of the National Bank, they had to inform the Banks and Financial Institutions Regulation Department and the related supervision department in advance. However, banks and financial institutions will have to provide services on public holidays that have been declared as a matter of urgency.