One Branch in Each District within Kathmandu Valley to be Allowed to Open

3 years ago

One Branch in Each District within Kathmandu Valley to be Allowed to Open

Only one branch of a bank will be opened in three districts of Kathmandu Valley during the ban period. The Bankers' Association has decided to open only one branch of each bank in a district from Friday to comply with the ban imposed by the District Administration Office.

"Only one branch of each bank will be opened daily in the three districts of the valley," said Anil Sharma, executive director of the Bankers' Association.

Only limited banking (basic) services will be available from those branches. From Friday, the employees of the bank will be able to move around on the basis of the identity card of the office.

It has been decided not to call more than 30 employees in one bank in three districts of the Kathmandu Valley every day, said Bankers' Association President Bhuvan Dahal. He said that only three branches of a bank would be operating in the Kathmandu Valley as the movement of the public would be reduced during the ban.

"The risk of covid is high. We have tried to reduce the customer crowd to avoid the risk," he said.

NRB has also directed to provide basic services by operating as few branches as possible with minimum staff. He said that it was decided to open only one branch of a bank on the basis of the same directive.

Instructions not to stop bank employees

The Ministry of Home Affairs has instructed the local administration not to stop the employees of the bank from going to office. The Home Ministry has given the instruction after all the banks in the Kathmandu Valley were closed on Thursday due to obstruction in the movement of employees. The ministry has asked not to obstruct the movement on the basis of the identity card issued by the office.

"As per the order, it is requested to provide necessary coordination and facilitation to the employees going to the office for providing basic banking services to the public even during the period of injunction," the Home Ministry said in a letter.

Basic banking services only

NRB has directed to maintain basic (cash deposit / payment, bank transfer, check clearing etc.) even during the injunction. NRB issued the instruction in a notification on Wednesday.

In order to continue the basic banking services provided by banks and financial institutions in compliance with the special order including the injunction, the NRB has asked to continue the minimum banking services for the duration of the order while maintaining the standards related to health security.

NRB has also said to encourage customers in electronic transactions as much as possible by ensuring electronic transactions.

"Arrangements will be made to keep adequate cash in ATM machines and monitor them," the statement said.