Banks in Nepal || Banking History || Nepal Rastra Bank || CMAT Preparation || Loksewa || Facts

To Study IELTS/PTE/SAT at Gurubaa International Consultancy, Fill the form below(Both Online and offline available) : https://forms.gle/HzFKq3rajgid6jrA9 This video is all about the banking history of Nepal where we discussed central banks, commercial banks, finance companies and micro-finance companies. Nepal Rastra Bank (NRB) is the only central bank in Nepal. As of now, there are 26 commercial banks in Nepal and we have listed all of their names in this video. Further, we discussed the interesting facts on Banking history. Nepal bank Limited is the first bank (financial institution) in Nepal. Nepal rastra Bank was established in 2013 B.S. and is the banker of the bank and government as it acts as the central bank. NRB is responsible for issuing notes, and formulating and implementing monetary policy, acting as thea government;'s fi,nancial advisor and plays a vital role in the country's economy.
We have discussed the facts like:
Nabil Bank is the first bank to introduce credit cards.in Nepal
Himalayan Banks is the first bank to introduce ATMs in Nepal.
Laxmi Bank introduced SMS banking for the first time in the country.
Kumari Bank introduced E-Banking (internet banking) for the first time in the country.
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