What makes an act a banking offence in Nepal?

Bank and financial institutions are key players in any country’s economy and financial system. A well-regulated banking system is an essential requirement to flourish international trade, which allows connection with different countries. A few years back, the government came up with a policy of “one citizen: one bank account” to bring rural people within the ambit of the banking system and promote banking institutions’ expansion in rural areas.

But, with such expansion, the chance of occurrence of banking offences also goes up along with the number of banking service recipients multiplied. Here, it is high time you understood the basics of banking offence rules in Nepal.