Kathmandu, Nepal – In a significant development for the banking sector, Deputy Governor Dr. Neelam Dhungana Timsina of Nepal Rastra Bank has officially received the report of the Second Banking Discourse 2024. This report encapsulates the discussions and insights gathered during the recent conference, which brought together experts, policymakers, and industry leaders to address the evolving landscape of banking in Nepal.

The Second Banking Discourse focused on key themes such as digital transformation, financial inclusion, risk management, and regulatory reforms necessary to strengthen the banking system. The conference served as a platform for sharing innovative ideas and best practices, aiming to enhance the resilience and efficiency of Nepal’s banking sector.

Dr. Dhungana expressed gratitude for the comprehensive report, emphasizing the importance of its recommendations for shaping future policies and strategies. “The insights provided in this report will be instrumental in guiding our efforts to foster a robust banking environment that meets the needs of all citizens,” she stated.

The report highlights the need for the banking sector to adapt to emerging technologies and to improve access to financial services, particularly in rural and underserved areas. It also outlines strategies for enhancing customer experience through digital banking solutions and ensuring compliance with international standards.

As Nepal navigates the challenges and opportunities of the global financial landscape, the findings of the Second Banking Discourse 2024 will play a critical role in steering the country’s banking policies toward a more inclusive and technologically advanced future. The Nepal Rastra Bank is committed to implementing the recommendations and continuing to engage with stakeholders to promote sustainable growth within the sector.