Nepal Rastra Bank

Introduction


Nepal Rastra Bank (NRB), the Central Bank of Nepal, was established in 1956 under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector. Since inception, there has been a significant growth in both the number and the activities of the domestic financial institutions.

To reflect this dynamic environment, the functions and objectives of the Bank have been recast by the new NRB Act of 2002, the preamble of which lays down the primary functions of the Bank as:

to formulate necessary monetary and foreign exchange policies to maintain the stability in price and consolidate the balance of payments for sustainable development of the economy of Nepal;
to develop a secure, healthy and efficient system of payments;
to make appropriate supervision of the banking and financial system in order to maintain its stability and foster its healthy development; and
to further enhance the public confidence in Nepal's entire banking and financial system.

The Bank is eminently aware that, for the achievement of the above objectives in the present dynamic environment, sustained progress and continued reform of the financial sector is of utmost importance. Continuously aware of this great responsibility, NRB is seriously pursuing various policies, strategies and actions, all of which are conveyed in the annual report on monetary policy.

Vision

To become “ A modern, dynamic, credible and effective Central Bank”

Mission

To maintain macro-economic stability through sound and effective monetary, foreign exchange and financial sector policies.

NRB Governors over the years

S.N.	Name of Governor	Term of office
1.	Mr. Himalaya Shumsher J.B. Rana	April 26, 1956 – February 7, 1961
2.	Mr. Laxmi Nath Gautam	February 8, l961 – June 17,  l965
3.	Mr. Pradyuma Lal Rajbhandari	June l8, l965 – August 13, l966
4.	Dr. Bhekh Bahadur Thapa	August 14, l966 – July 26, l967
5.	Dr. Yadav Prasad Pant	April 24, l968 – April 28, l973
6.	Mr. Kul Shekhar Sharma	April 29, l973 – December 12,  l978
7.	Mr. Kalyana Bikram Adhikary	June 13, l979 – December 8,  l984
8.	Mr. Ganesh Bahadur Thapa	March 25, l985 – May 22, l990
9.	Mr. Hari Shankar Tripathi	August 10, l990 – January 17,  l995
10.	Mr. Satyendra Pyara Shrestha	January l8, l995 – January l7,  2000
11.	Dr. Tilak Bahadur Rawal	January l8, 2000 - January l7, 2005
12.	Mr. Deependra Purush Dhakal	August 29, 2000 – April 27,  2001
13.	Mr. Bijaya Nath Bhattarai	January 31, 2005 –January 30, 2010
14.	Mr. Deependra Bahadur Kshetry	January 15, 2009 – July 26, 2009
15.	Dr. Yuba Raj Khatiwada	March 22, 2010 -

Contact NRB
Nepal Rastra Bank
Central Office
Baluwatar
Kathmandu, Nepal
P. O. Box 73
Phones: 977 1 4410158, 4410201, 4411250
977 1 4419804, 4419805, 4419807
Fax: 977 1 4410159

Nepal Rastra Bank
Banking Office
Thapathali
Kathmandu, Nepal
Phone: 977 1 4226832, 4241557
Fax: 977 1 4227378

District Offices of NRB
Nepal Rastra Bank
Biratnagar, Morang Tel. : 977 21 526522
Fax : 977 21 526519
Email : nrbbrt@nrb.org.np


Nepal Rastra Bank
Janakpur, Dhanusha Tel. : 977 41 520362
Fax : 977 41 520302
Email : nrbjnp@nrb.org.np


Nepal Rastra Bank
Birgung, Parsa Tel. : 977 51 522598
Fax : 977 51 521902
Email : nrbbrg@nrb.org.np


Nepal Rastra Bank
Pokhara, Kaski Tel. : 977 61 520115
Fax : 977 61 521561
Email : nrbpkr@nrb.org.np


Nepal Rastra Bank
Siddharthanagar, Rupandehi Tel. : 977 71 520344
Fax : 977 71 520189
Email : nrbsid@nrb.org.np


Nepal Rastra Bank
Nepalgunj, Bankey Tel. : 977 81 520683
Fax : 977 81 520226
Email : nrbnep@nrb.org.np


Nepal Rastra Bank
Dhangadhi, Kailali Tel. : 977 91 523172
Fax : 977 91 521322
Email : nrbdhn@nrb.org.np