Nepal Rastra Bank Act, 2058 (2002)

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Section 110
Power to make rules and regulations

(1) In order to implement the purpose of this Act, the Bank may, with the approval of the Government of Nepal, make necessary rules on the following matters:- (a) Foreign exchange transactions. Business transactions between government banks. (d) Other matters deemed necessary by the committee to implement the objectives of this Act. (2) To implement the objectives of this Act, the committee may make regulations on the following matters: - (a) The place, time and procedure of the meeting of the committee. b) The committee shall form sub-committees as required and the procedures of such sub-committee. (c) Appointment, promotion, transfer, dismissal, remuneration and benefits, pension, gratuity, savings fund, leave, conduct and discipline and service conditions of bank employees. (d) Committee To the governor and the governor to delegate the authority to the deputy governor or other employees of the bank. (j) Bank's internal audit and inspection. (j) Supervision of commercial banks and financial institutions. (j) Statements to be submitted by commercial banks and financial institutions. (d) Debt control. (d) Bank's expense management. (d1) Commercial banks and financial institutions regarding mergers. (d2) Commercial banks and financial institutions related to prompt corrective action. (d3) Loan Regarding information. (D4) Regarding payment and reconciliation of accounts. (D5) Regarding filling out forms. (D6) Regarding the license issued by the bank. (n) Other matters necessary to implement the objectives of this Act. (3) Except for the matters mentioned in sub-section (1) and (2), orders, instructions, procedures and guidance to be issued in accordance with this Act shall be issued by the Governor. (4) Sub-section ( 2) Regulations made under and promulgated under sub-section (3).The bank shall send orders and instructions for the information of the Government of Nepal. (5) The regulations made under sub-section (2) or orders or instructions issued under sub-section (3) shall be publicly published and broadcast by the bank.
Nepal Rastra Bank Act, 2058 (2002)
Chapter - 3
Section 24: Resignation of directorSection 27: PermanentSection 32: Prohibition on Use of Vested Personal InterestsSection 35: Functions, Duties and Powers of Audit CommitteeSection 14: Constitution of the Board of Directors TheSection 15: Appointment of GovernorSection 16: Appointment of Deputy GovernorSection 17: Appointment of DirectorSection 18: Director's tenureSection 19: The director's salary and other benefitsSection 20: Eligibility of DirectorSection 21: Disqualification of DirectorsSection 22: Director's resignation conditionSection 23: Formation and work, duties of inquiry committeeSection 25: Public Notice of Appointment of GovernorSection 26: Filling VacanciesSection 28: Committee meetingSection 29: Work, Duties and Powers of the CommitteeSection 30: Duties, Duties and Powers of the GovernorSection 31: Delegation of AuthoritySection 33: Management CommitteeSection 34: Audit CommitteeSection 36: Bank employeesSection 37: Code of Professional Conduct and Official ResponsibilitiesSection 38: Privacy
Chapter - 9
Section 76: to obtain bank approval for taking deposits or making loansSection 80: Banking and financial system and credit controlSection 85: Mutual support exchangeSection 86: XXXXXXSection 86B: Commercial bank or financial institution deemed to be troubledSection 86C: which banks can take action against troubled commercial banks or financial institutionsSection 86D: Effect of bank takeover of commercial bank or financial institutionSection 86F: Bank's right to take remedial actionSection 86H: that can reduce the capital of troubled commercial banks or financial institutionsSection 88: Establishment of Credit Information CenterSection 77: Ban on interest rateSection 78: required to obtain permission from the bankSection 79: to be regulated by the bankSection 81: to be disbursed in designated areasSection 82: Notice to be submitted to the bankSection 83: Approval to issue debentures and financial instrumentsSection 84: Inspection and SupervisionSection 86A: The commercial bank or financial institution should inform the bankSection 86E: Remedial measures and powers to be exercised by the Bank or an officer appointed by the BankSection 86G: Can be taken to FarfarakhSection 86I: Right to appeal against the order of the bankSection 86J: XXXXXXSection 86K: XXXXXXSection 86L: XXXXXXSection 86M: XXXXXXSection 87: Establishment of Information Network
Chapter - 9A
Section 88B: Provisions regarding formation of Special Administration GroupSection 88C: Functions, Duties and Powers of Special Administrative GroupsSection 88F: to prepare new or betterSection 88A: Bank's right to act on variationSection 88D: The rights are automatic throughout the duration of the contractSection 88E: Notice and Registration of Deeds relating to FarfarakhSection 88G: who can recommend for improvement of financial condition of commercial bank or financial institutionSection 88H: Bridge Institution – Breeze Institution) or unit that can be establishedSection 88I: Priority of paymentSection 88J: Effects of a special administrative group taking control of a bank or financial institutionSection 88K: Deactivation of proceedings prior to the commencement of proceedings relating to reformationSection 88L: Other Provisions relating to FarfarahSection 88M: to submit the final details of the development workSection 88N: to exchange mutual supportSection 88O: Can apply for cancellation