Culture of study and research weakened in banks and financial institutions: Finance Minister Khanal

लगानी न्यूज

१० माघ २०८२, शनिबार २१:०५January 24, 2026

Kathmandu. Finance Minister Rameshwor Prasad Khanal has said that the right areas for investment have not been identified due to the weak culture of study and research in the banks and financial institutions of the country.

In his address to a program organized on the occasion of the 61st anniversary of the Rastriya Banijya Bank (RBB), Finance Minister Khatiwada said that liquidity has accumulated in the country, unemployment will increase and consumption-oriented economy has expanded due to lack of study and research by financial service providers.TAG_OPEN_div_22

Expressing concern over a large chunk of remittance not being mobilized in the productive sector, Finance Minister Khanal stressed the need for banks and financial institutions to carry out serious study and research on the areas in which new investment opportunities could be created, the size of the economy could be expanded, employment could be created and production could be increased TAG_OPEN_div_20 ।

} “Our banks and financial institutions invest only on the basis of proposals brought by entrepreneurs rather than deciding which sector to invest in which sector will get high returns, increase employment and production in the country,” the Finance Minister said. He suggested the Rastriya Banijya Bank, a wholly-owned subsidiary of the government, to lead such study and research.

Finance Minister Khanal said that a large part of the remittance coming into the country was being spent on consumption and this has not contributed to the long-term economic transformation.TAG_OPEN_div_16

Stating that it was the responsibility of the Rastriya Banijya Bank to invest the remittance amount in productive sectors as it is a government-owned bank, he said the country would move towards the path of economic prosperity.TAG_OPEN_div_14

Stating that expanding investment in productive sector would lead to effective utilization of liquidity, increase domestic production and decrease import, he stressed that banks and financial institutions should give priority to production-oriented investment.TAG_OPEN_div_12 He clarified that although there were some problems in the banks and financial sector overall, the overall financial system was not weak.