Nepal Rastra Bank Act Amendment Bill: Board Structure Agreed Upon
Summary
The clause-wise discussion on the Bill to Amend the Nepal Rastra Bank Act, 2058 has agreed on a seven-member board of directors for Nepal Rastra Bank. The provision to keep two deputy governors, include the finance secretary, and ensure at least one woman among the three independent directors has also been maintained.
Key Points
- The clause-wise discussion on the bill to amend the Nepal Rastra Bank Act agreed on a seven-member board structure for the central bank.
- The current provision for two deputy governors has been retained.
- The finance secretary will remain on the board of directors.
- At least one of the three independent directors must be a woman to support an inclusive and professional board.
