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Banking Law in Nepal

By (author) Resham Raj Regmi
Banking Law in Nepal – Resham Raj Regmi
  • Authors: Resham Raj Regmi
  • Publisher and Distribution: Legal Service & Research Network
  • Edition: 3rd (Digital publication of 2nd printed
    publication of 2020)

This book is intended to be a valuable and readable work for university students as well as for legal professionals, judicial officers, and other curious readers.

लेखक: रेशमराज रेग्मी
प्रकाशक तथा वितरण: लीगल सर्भिस एण्ड रिसर्च नेटवर्क
संस्करण: तेस्रो (२०२० मा प्रकाशित दोस्रो मुद्रित संस्करणको डिजिटल प्रकाशन)

यो पुस्तक विश्वविद्यालयका विद्यार्थीका अतिरिक्त कानून व्यवसायी, न्यायकर्मी तथा अन्य जिज्ञासु पाठकवर्गहरुका निमित्त एउटा संग्रहणीय र पठनीय कृतिका रुपमा स्थापित हुने

Banking law has become a key area within commercial law, evolving from simple money exchange and lending to a wide range of modern services like credit guarantees and electronic banking. In Nepal, banking law formally began with the Nepal Bank Kanoon in 1994 BS and has since expanded through various Acts, culminating in the Bank and Financial Institutions Act, 2073. The Nepal Rastra Bank and Supreme Court have also played vital roles through directives and legal precedents. This book covers essential topics such as the establishment of banks, types of banking, governance, customer relations, debt recovery, financial crimes, and insolvency. It integrates both national and international practices and serves as a valuable resource for students, legal professionals, bankers, and anyone interested in banking law.

Banking law, once limited to basic financial activities like deposits and lending, now plays a vital role in modern commercial law with expanded services such as guarantees, remittances, and digital banking. In Nepal, it officially began with the Nepal Bank Kanoon in 1994 BS and has since progressed through various legislative reforms, including the current Bank and Financial Institutions Act, 2073. Contributions from Nepal Rastra Bank through directives and the Supreme Court through landmark decisions have further shaped the field. This book offers a concise yet comprehensive overview of key areas like bank formation, types of banking, governance, customer relationships, debt recovery, banking offenses, and liquidation. It blends national laws with global standards, making it a practical guide for students, lawyers, bankers, and anyone engaged in the banking sector.

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