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Saturday, June 4, 2016

Types of Banks in Nepal


According to function and nature of bank, in Nepal banks are classified in following types:- 1)Central Bank 2)Commercial Bank (Class A) 3)Development Bank (Class B) 4)Finance Companies (Class C) 5)Micro Credit Development Bank (Class D) 1)Central Bank:- The Nepal...

Wednesday, June 1, 2016

Banking System in Nepal


Before the establishment first modern bank of Nepal, the lending of money used to be between person to person.Nepal bank Ltd. is the first modern bank of Nepal. It is taken as the milestone of modern banking of the country. Nepal bank marks the beginning of a new era...