BAFIA refers Banking and Financial Institutions Act. BAFIA 2073 is one of the pillar in the banking history,the need of BAFIA arise due to consolidate and amend forthwith the prevailing legislation relating to bank and financial institutions and make it timely in order to promote trust of the general people in the overall banking as well to avoid misuse of bank to reduce the risk of banks being used for criminal purposes.
1.Promoting trust of the general public in the overall banking and financial system of the country.
2.protecting and promoting the interest and right of general depositors.
3.bringing stability in banking sector through amendment and reconciliation among acts and regulation.
4.increasing qualitative and reliable banking through healthy competition in the banking sector.
5.minimize risk related to bank and financial system.
6.amending and consolidating the prevailing legislation relating to banks and financial institutions and making it timely.
काठमाडौं । देशभर कोरोना संक्रमणबाट दैनिक सरदर मृत्युदर घट्दोक्रममा पाइएको छ । गत बुधबारदेखि मंगलबारसम्म आधार मान्दा प्रतिदिन सरदर १ सय ८ जनाको मृत्यु हुने …