Nepal Rastra Bank Urges Banks to Maintain Services in Flood Hit Areas
Summary
Nepal Rastra Bank has urged banks and financial institutions to keep services running in flood-hit areas and to resume payment operations through alternative arrangements where needed. It also asked them to support rescue, relief and rehabilitation efforts with financial assistance.
Key Points
- Nepal Rastra Bank has directed banks and financial institutions to maintain continuity of banking services in disaster-affected areas.
- The central bank said it is working to resume banking and payment services as soon as possible through alternative arrangements.
- Banks have been urged to support rescue, relief and rehabilitation efforts with necessary financial assistance.
- NRB asked institutions to prioritize the safety and well-being of staff, customers and affected communities.
