Section 13: Operation of Accounts

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The Bank may open and operate accounts for the Government of Nepal and other governmental bodies, commercial banks and financial institutions, public corporations, foreign diplomatic missions, foreign central banks, foreign banks, international organisations, and associations. The procedures for opening and operating such accounts shall be as prescribed by the Bank.

Provided that, the Bank shall not operate an account for any individual, industry or political organisation.

Tagged:
nepal law
nepal rastra bank act

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Section 65: To make inspection, supervision and monitoring
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Section 39: Compulsory Reserve Fund
Section 177: Labour coordination committee
Section 83: Direction may be issued
Section 8: Privileges and Facilities to the Bank
Section 127: Remuneration for strike or lock-out period
Section 50: Computation of year
Section 139: Security of employment
Section 40: Weekly leave
Section 107: Minimum remuneration fixation committee
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