Buy custom Financial Institutional Operations in Nepal
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| Topic: |
Business
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| Number of pages / Number of words: |
12 / 3209 |
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In the initial years of operation, the NRB had been focusing towards monetization of the economy by circulating Nepalese currency all over the country. After achieving some progress, it started taking initiation towards institutional development. Consequently, Nepal Industrial Development Corporation (NIDC), Agricultural Development Bank (ADB/N) and Rastriya Banijya Bank (RBB) had been established...
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Consequently, Nepal Industrial Development Corporation (NIDC), Agricultural Development Bank (ADB/N) and Rastriya Banijya Bank (RBB) had been established.
The establishment of ADB/N was a landmark in the development of rural financial market in Nepal. However, it would be worth mentioning that the institutionalization of rural credit was actually begun in 1956, when cooperatives were established in Chitwan with a view to providing credit support to the resettlers...
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