House endorses Banks and Financial Institutions Bill

  • Get News Alerts

The Legislature-Parliament meeting endorsed the bill related to Bank and Financial Institution-2073 BS with majority votes on Tuesday, January 10, 2017. RSS


The Legislature-Parliament meeting today endorsed the bill related to Bank and Financial Institution-2073 BS with majority votes.

Earlier, Minster for Finance Krishna Bahadur Mahara had tabled the bill in the parliament seeking its approval.

While responding the queries of lawmakers, Mahara said that the bill was tabled aimed at making the banking activities transparent and of international standards. He added that with the endorsement of the bill, the national economy will be improved and the risk seen in the banking transactions would be controlled.

The bill has the provision of qualification and the tenure of the board members of the financial institutions.

Earlier, lawmakers Prem Suwal, Dr Subodh Pokharel and Chudamani BK Jangali had sought clarification from Mahara in this regard.

Similarly, Minister for Commerce Romi Gauchan Thakali tabled the trade facilitation agreement in the meeting.

The next meeting of the Parliament is scheduled for 1 pm on January 13. RSS

Comments

More News

  • Oli urges for fear-free election atmosphere

    Oli urges for fear-free election atmosphere CPN-UML Chairman KP Sharma Oli has stressed on the need of creating fear-free atmosphere for people to cast their votes in the second round of local level election. During an interaction organized by Press Chautari Nepal at party office today, Chairman Oli said it is the equal responsibility of government, political parties and others to hold the election in a democratic manner. Peaceful atmosphere must be ensured for it, he added.

  • Advisers wary as Trump eagerly awaits meeting with Putin

    Advisers wary as Trump eagerly awaits meeting with Putin President Donald Trump is eager to meet Russian President Vladimir Putin with full diplomatic bells and whistles when the two are in Germany for a multinational summit next month. But the idea is exposing deep divisions within the administration on the best way to approach Moscow in the midst of an ongoing investigation into Russian meddling in the U.S. elections.

  • Demonstration in front of Indian Embassy against suppression in Darjeeling

    Communist Party of Nepal led by Netra Bikram Chand has demonstrated in front of the Indian Embassy in Nepal on Monday to protest the suppression of Nepali speakers in Darjeeling, India.

  • IEDs found in Birtamode

    Improvized explosive devices have been found planted at two places in Birtamode in the district Monday. According to the Area Police Office, Anarmani, improvised explosive devices were found near Devi Higher Secondary School at Birtamod Municipality-6 and Subbachowk-based ground.

  • Man arrested on charge of murdering wife

    Police here Monday arrested a person on the charge of murdering his wife. Superintendent of Police at the District Police Office, Mahottari, Raj Kumar Lamsal, said that the arrested is Pradeep Sahani, 25, of Matihani rural municipality-3.

Opinion

  • One Belt One Road: Prospects & Challenges One Belt One Road: Prospects & Challenges

    Nepal thus has to debate, discuss, analyze and then conclude the cost and benefits of the OBOR for its populace. The benefits of OBOR for Nepali economy are easy to understand, but the short, medium and long-term consequences are not simple, and thus require careful examination.

    Chintamani Mahapatra

  • RJP's suicidal move RJP's suicidal move

    Rastriya Janata Party Nepal (RJP) has announced protest programs including general strike to disrupt the upcoming second round of local election. Formation of RJP with merger of six Madhes-based parties had sent a positive message both to the plains and the hills.

    Editorial

Blog

  • Sex life after rape Sex life after rape

    I was harassed recently by someone whom I considered a guardian, called him brother and always felt safe being with him. I was drunk that day, and tense and unconscious. He first hugged me. I thought it was a friendly hug but slowly he started crossing his limits. I shouted and stopped him. He wasn’t drunk. He tried to use me. He abused me. He knew everything about me including my struggles with my health.

    Banita Khanal

  • The Attack on Khalanga, Jumla: The Memoirs of Radha Paudel The Attack on Khalanga, Jumla: The Memoirs of Radha Paudel

    Khalangama Hamala is a memoir by Radha Paudel about the attack on Khalanga, Jumla by the Maoist rebels on 14 November, 2002. The book was awarded the prestigious Madan Puraskar for the year 2070 BS.

    Vishad Raj Onta

Readers Column

  • Traffic Police in Kathmandu

    As busy and hassling as the traffic system in Kathmandu is, the Traffic Police here have to handle an equally strenuous job. Over 1,400 traffic officers in and around the Kathmandu Valley battle against the pestering traffic and air pollution each day.

  • Menstrual taboo outdated

    I have seen my sisters and friends isolated and treated in discriminatory manner during their first menstruation cycle. They were not allowed to look at the sun, to touch water source, flower, fruits, any male family member, nor even hear their voice. The activist may claim the situation has changed and I do agree but still during every month my loved ones turns into untouchables beings.

Popular

Recommended

Suchanapati