Section 77: Restriction on Rate of Interest

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An individual, firm, company or organisation authorised to accept a deposit or to provide a loan pursuant to prevailing laws, shall fix the rate of interest payable on a deposit and to be charged on a loan, subject to the arrangements prescribed by the Bank in the matter of the rate of interest from time to time.

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nepal law
nepal rastra bank act

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Section 77: Ineligibility for Appointing Auditor
Section 60: De-registration
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Section 15: Non-abuse of regulatory opportunity
Section 16: Meeting of the Board
Section 14: Application to be Submitted for Registration
Section 4:
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Section 98: To Regulate, Inspect and Monitor
Section 44: Monetary Policy
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Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 128: Prohibition on filing of case against loss
Section 53: Measurement, Weights and Size of Coins
Section 75: Micro Insurance is Required
Section 122: Arbitral award and collective agreement to be binding
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Section 30: Membership of Organisation
Section 29: Amendment to Bylaws and Internal Procedures
Section 89: Recommending Action
Section 31: Delegation of powers
Section 150: Special provisions relating to regulation, monitoring and supervision
Section 33: Management Committee
Section 11: Prohibition on employment without entering into employment contract
Section 23A: Standards to be Followed
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 53: To receive gratuity
Section 65: Dealing in Foreign Exchanges
Section 44: Allotment of Shares
Section 48: Mourning leave
Section 56: Management of Insurance Company
Section 156: Establishment of Insurance Institutions
Section 110: To be deputed as representative
Section 34: Entitlement of labours to remuneration
Section 52: Meetings of Board of Directors
Section 117: To hold negotiations on collective claims, demands
Section 112: Notice to be given for submission of liabilities
Section 44: Directors not to continue to hold the office
Section 172: Repeal and Saving
Section 67: Find of a Cooperative Organisation
Section 27: Power to Refuse Prior Approval
Section 39: Compulsory Reserve Fund
Section 22: Liabilities to be limited
Section 12: Flow of Public Information
Section 105A: State Government may constitute a State Labour Advisory Council
Section 117: Liquidation of Insurance Company
Section 50: Discount Rate and Rate of Interest for Refinance
Section 24: Resignation by Director
Section 81: Re-Insurance Business
Section 12: Formation of Cooperative Bank
Section 5: Function, Duties and Powers of the Bank
Section 59: Account of Issued Currency
Section 166: Decisions to be executed
Section 25: Language of the contract
Section 155: Insurance Information Centre
Section 63: Payment of remuneration and other benefits
Section 132: Details to be Provided
Section 89: Provisions relating to seasonal enterprises
Section 84: Provisions relating to tea-estate labours
Section 128: Complaint Relating to Payment of Claim
Section 76: Bank’s Approval Required for Accepting Deposits or Giving Credits
Section 124: Punishment
Section 43: Annual Budget
Section 129: Collective bargaining or agreement to be made in good faith
Section 9: Not to misuse banking resources, means and assets
Section 53: Functions, Duties and Powers of the Board
Section 130: Government of Nepal to be a plaintiff
Section 6: Formation of the Board
Section 137: Social Audits may cause to be conducted
Section 87: Special provisions relating to tourism labours
Section 6: Prior Right of the Bank
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