Kathmandu: 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.