Cabinet Approves Submission of Banking Offences and Punishment Second Amendment Bill to Parliament

The Cabinet Meeting's Approval to Present the Banking Offences and Punishment Second Amendment Bill to Parliament

During a recent Council of Ministers meeting, a significant decision was made, gaining approval for the submission of the Banking Offences and Punishment Second Amendment Bill to the Parliament. This landmark development transpired during the Cabinet meeting convened on Tuesday. Notably, Nepal Rastra Bank has incorporated this policy within the government's monetary strategy for the ongoing financial year.

This legislative initiative is being introduced with a primary objective—to modernize the realm of banking offences and its corresponding legal framework.