Banks and financial institutions will resume normal operations on Monday. Due to the corona illness, banks have been curtailing services for nearly two months. At the Nepal Bankers Association’s working committee meeting on Thursday, it was resolved to open all forms of financial transactions.
Bankers have concluded that the banks would be fully operational after Ashad 7, as the lockdown is being lifted. Due to the imposed lockdown, banks are currently providing services through a limited number of locations, with only a deposit and withdrawal service available. Bank locations are also open until 2:00 p.m.
Previously, the central bank had directed banks to operate five branches in the Kathmandu Valley, in addition to the central office, and outside the Kathmandu Valley in accordance with local administration orders. Banks and financial institutions were permitted to operate branches while adhering to health requirements and employing the bare minimum of personnel in response to client pressure.