Nepal Rastra Bank
The Nepal Rastra Bank (NRB) is the central Bank of Nepal and the regulatory body for all banks and financial institutions throughout Nepal. It was established on 26 April 1956 (Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to perform central banking functions, including guiding the development of Nepal's financial sector. In some cases, it was called The State Bank of Nepal. The Ministry of Finance released a statement that it was called Nepal Rastra Bank in English. It now operates under the Nepal Rastra Bank Act, 2002.
Institutional profile
Institutional role and background
The Nepal Rastra Bank (NRB) is the central Bank of Nepal and the regulatory body for all banks and financial institutions throughout Nepal. It was established on 26 April 1956 (Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to perform central banking functions, including guiding the development of Nepal's financial sector. In some cases, it was called The State Bank of Nepal. The Ministry of Finance released a statement that it was called Nepal Rastra Bank in English. It now operates under the Nepal Rastra Bank Act, 2002. [3]
Its functions include formulating monetary and foreign exchange policies to maintain market stability, issuing currency notes, regulating and supervising banks and financial institutions, and developing efficient payment and banking systems. The NRB also serves as an economic advisor to the government of Nepal and acts as the monetary, supervisory, and regulatory authority over all commercial banks, development banks, finance companies, and microfinance institutions. [3]
The central office is located in Baluwatar, Kathmandu, and it has eight provincial offices located at Biratnagar, Janakpur, Birgunj, Pokhara, Siddharthanagar, Nepalgunj, Surkhet, and Dhangadhi. [3]
NRB formulates and implements monetary policy, oversees foreign exchange rates and the country's foreign exchange reserves, and is one of the principal owners of the Nepal Stock Exchange. It is also a member of the Asian Clearing Union. [3]
Selected introductory text by Wikipedia contributors — Nepal Rastra Bank, under CC BY-SA 4.0. Official facts are cited separately.
Institutional history
Establishment date in the institutional background record. [2]
Source-supported connections
Frequently asked questions
When was Nepal Rastra Bank established?
1956-04-26. See the linked source for the institutional record. [2]
Where is Nepal Rastra Bank headquartered?
Baluwatar. See the linked source for the institutional record. [2]
Nepal Rastra Bank connection map
Select a node to inspect the relationship and source.
Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.
Sources and review dates
- Reference source ↗
- Wikidata background facts (CC0) ↗
- Wikipedia contributors — Nepal Rastra Bank (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.