Objectives, Functions and Duties of the - NEPAL RASTRA BANK |NRB|


Functions, Duties and Powers of the Bank
  • To issue bank notes and coins
  • To  formulate necessary  monetary  policies.
  • To   formulate foreign exchange policies and implementation 
  • To determine the system of foreign exchange rate
  • To manage and operate foreign exchange reserve;
  • To  issue  license  to  commercial  banks  and  financial  institutions  to  carry  on  banking and financial business and to regulate, inspect, supervise and monitor such transactions;
  • To act as a banker, advisor and financial agent of Government of Nepal;
  • To  act  as  the  banker  of  commercial  banks  and  financial  institutions  and  to  function as the lender of the last resort;
  • To establish and promote the system of payment, clearing and settlement and to regulate these activities; and  
  • To implement or cause to implement any other necessary functions which the Bank has to carry out in order to achieve the objectives of the Bank under this Act;
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