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ECONOMY

Banks asked to open on Saturdays

KATHMANDU, Jan 12: Nepal Rastra Bank has directed the banks and financial institutions providing revenue deposit service to open their counters on Saturdays as well.
By Republica

KATHMANDU, Jan 12: Nepal Rastra Bank has directed the banks and financial institutions providing revenue deposit service to open their counters on Saturdays as well. 


The BFIs have been asked to keep their counters open throughout the day on Saturday in order to receive revenue collection, said the Bank’s Executive Director Narayan Prasad Poudel. The directive to commercial banks and financial institutions was issued as per the request of the Finance Ministry. 


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Likewise, the Nepal Clearing House Limited has also been direct to remain open as normal days to carry out the clearing of cheques related to revenue deposits. The directive by the NRB was to banks of class a, b and c, and to financial institutions.


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