: Both the Fund and the Nepal Rastra Bank will coordinate and cooperate with each other to achieve the objectives of public policy and to ensure public confidence in the financial sector as follows:-
(a)    to enter into necessary agreements for the exchange of data and information,
(b) To assist banks and financial institutions in the process of granting licenses and deposit protection certificates,
(c) When Nepal Rastra Bank takes any bank or financial institution to prompt corrective action or declares it problematic, to provide information to the Fund,
(d) Nepal Rastra Bank shall notify the Fund when any bank or financial institution is subject to conservatorship, potential receivership or financial liquidation system,
(e) to inform each other as soon as practicable of any potential threat to financial stability,
(f) If the Nepal Rastra Bank prohibits any bank or financial institution from collecting deposits, cancels the license, or takes control of the management, it will inform the fund.