Kathmandu, May 21: Newly appointed Governor of Nepal Rastra Bank (NRB), Dr Biswo Nath Poudel, has taken up office today.
Assuming his office at NRB Central
Office at Baluwatar, Governor Dr Poudel reaffirmed his commitment to prioritize
supervision of banks and financial sector.
The new Governor asserted, "We
should not only devise rules and regulations. We should also scale up
supervision (of banks and financial institutions). We should emphasize
enhancing quality of loans as well."
He pledged to adopt the monetary
measures that would facilitate smooth implementation of the government's fiscal
policy. He assured of holding consultative meetings with various stakeholders
while deciding the NRB's policies.
The new Governor also vowed to
deliver in accordance with the Nepal Rastra Bank Act to maintain the NRB's
autonomy during his tenure.
The new Governor of the country's
Central Bank was administered the oath of office and secrecy by the Chief
Justice Prakashman Singh Raut today.
He also called on Deputy Prime
Minister and Minister for Finance Bishnu Prasad Paudel at the latter's office
today itself. (RSS)