. After the retirement of a person who has worked in various positions in the Nepal Rastra Bank, the trend of looking for commercial banks has not stopped. This is not a new trend. For a long time, people who have been executive directors, directors, and deputy directors in the Rastra Bank have been going to the commercial banks as independent directors and sometimes as directors after the end of their working life. Currently, there are 20 commercial banks operating in the country.

There are 10 directors and chairpersons in 9 banks.TAG_OPEN_p_40 Nabil Bank, Nepal SBI Bank, Machhapuchchhre Bank, Laxmi Sunrise Bank, Sanima Bank, Global IME Bank, Citizens Bank, Agriculture Development Bank and Rastriya Banijya Bank are the former executive directors of the bank.

He is a former employee of Nepal Rastra Bank (NRB) and chairman of Laxmi Sunrise Bank and Rastriya Banijya Bank.TAG_OPEN_p_39

Dev Kumar Dhakal, chairman of commercial banks, is the former executive director of Nepal Rastra Bank while Raman Nepal, chairman of Laxmi Sunrise Bank, is the former director of the bank.TAG_OPEN_p_38

Sarita Bhatta Adhikari is the former executive director of Nepal Rastra Bank.TAG_OPEN_p_37 She is currently an independent director of Nabil Bank.

Similarly, former Executive Director of Nepal Rastra Bank, Dr.TAG_OPEN_p_36 Gopal Prasad Bhatta is an independent director of Nepal SBI Bank. Mukunda Mahat, former director of Nepal Rastra Bank, is currently the director of Machhapuchchhre Bank.

There are 3 former employees of Sanima Bank in the bank.TAG_OPEN_p_35 The former employees of the Rastra Bank have a very good say in the running of this bank. The board of directors of the bank includes former directors and executive directors of the central bank.

Laxmi Prapanna Niraula, former executive director of Nepal Rastra Bank, is an independent director.TAG_OPEN_p_34 Similarly, former executive director Ramesh Kumar Pokhre and former director Balaram Parajuli are the directors.

Prior to this, Parajuli was an independent director of the bank.TAG_OPEN_p_33 He is currently a director on behalf of the promoter shareholders.

Narayan Prasad Poudel, who left as the Executive Director of Nepal Rastra Bank, is currently the director of Global IME Bank.TAG_OPEN_p_32

Similarly, Dr. Adhikari, who is a director of Citizens Bank. Binod Atreya is also the former executive director of Nepal Rastra Bank.

Govinda Prasad Bhattarai, who completed his career as a deputy director in Nepal Rastra Bank, is now a director of the Agriculture Development Bank.TAG_OPEN_p_30

He was a director on behalf of the general shareholders in the year 2073. He is still an independent director. He has been a director of the bank several times.

The job of the bank’s directors is to decide how to run the bank and what policies the bank should take. The bank operates according to the policy made by them. The central bank is also closely watching the policy made by the bank.

While working in a high position in the Rastra Bank, he understands all the issues inside there in a subtle way. Bankers believe that the issue of how they coordinate with the central bank will be complicated.

They know a lot about the central bank. The question is how good it is to take a person who knows what is good and what is bad to do.

Guru TAG_OPEN_p_25 Prasad Poudel, spokesperson of the Nepal Rastra Bank, said that a person who has knowledge of the banking sector, all the laws and the economy of the country should be taken positively as a director of a bank. He said that the NRB Act will not stop the operators of commercial banks.

Clause TAG_OPEN_p_24 106 A of the Nepal Rastra Bank Act, 2058 BS states that a commercial bank or financial institution should not be allowed to work. Sub-section 2 of Section 106A states that the deputy governor and executive director of a bank shall not work in any capacity in any commercial bank or financial institution for three years from the date of his or her retirement and an officer level employee of a bank shall not work in any capacity for two years from the date of his or her retirement.

Dhakal has been appointed chairman of Rastriya Banijya Bank (RBB) on July 17, 2082.TAG_OPEN_p_23 The board of directors of the bank appointed him as the chairman.

Also, after the expiry of the period specified in this sub-section, the concerned Deputy Governor, Executive Director or Officer shall obtain prior approval of the bank to work in any capacity in any capacity in any commercial bank or financial institution.

The current TAG_OPEN_p_21 Governor Prof. Dr. Bishwanath Poudel was also the director of Sanima Bank. Similarly, the Board of Directors of Nepal Rastra Bank has also become like a former employee club. The directors of Nepal Rastra Bank are Chintamani Bhattarai, Dr. Shankar Prasad Acharya and Dr. Rabindra Prasad Pandey is the former executive director.