Local, provincial reps can�t be on BFI board Kathmandu, July 24 Nepal Rastra Bank has barred the local and provincial representatives from joining the board of banks and financial institutions during their tenure. Issuing a circular today, the central bank stated that presence of elected... Travel 25 Jul, 2017
Parliament endorses BAFI bill Kathmandu, January 10 The Legislature-Parliament today endorsed the Banks and Financial Institutions Bill with provisions that strengthen the supervisory and regulatory capacity of the central bank and enhance corporate governance. The bill, which... 11 Jan, 2017
House endorses Banks and Financial Institutions Bill KATHMANDU: The Parliament meeting on Tuesday endorsed the Banks and Financial Institutions Bill (BAFI Bill) with majority votes. Earlier, Deputy Prime Minister and Minster for Finance Krishna Bahadur Mahara had tabled the bill in the Parliament... 10 Jan, 2017
EDITORIAL: Correction at last Policy level corruption and conflicts of interests have pervaded every branch of governance in Nepal The endorsement of the Bill relating to the Banks and Financial Institutions (known as BAFI Bill) with amendments by the parliamentary Finance... 23 Nov, 2016
Finance Committee approves BAFI Bill with amendments Kathmandu, November 21 Exactly six months after the House of Representatives send back the Banks and Financial Institutions (BAFI) Bill to the Finance Committee for necessary revisions following severe criticism aimed at the lawmakers from the... 22 Nov, 2016
House sends BAFI Bill back to panel following criticisms Kathmandu, June 21 Severe criticisms lobbed at lawmakers for altering some of the crucial provisions in the Bank and Financial Institution (BAFI) Bill has prompted the House of Representatives to send the legal framework back to the Parliamentary... 22 Jun, 2016
EDITORIAL: Parliamentary blunder Parliamentary ethics have it that a lawmaker cannot take part in discussions on any Bill that maybe directly linked with his/her business interest Parliamentary Finance Committee chairman Prakash Jwala has obliquely admitted that his committee made a... 17 Jun, 2016
Changes to BAFI Bill provisions draw flak Kathmandu, June 15 The amendments made to the draft of the Banks and Financial Institutions (BAFI) Bill by the Parliamentary Committee on Finance can be rolled back if the House sends the legal framework back to the committee, Chairman of... 16 Jun, 2016
Sub-committee formed to settle BAFI Bill issues Kathmandu, January 18 The Parliamentary Committee on Finance today formed a seven-member sub-committee to settle outstanding issues related to the Bank and Financial Institution (BAFI) Bill tabled in Parliament. The seven members of the... 19 Jan, 2016