ICT Frame | Tech News, Reviews & Digital Updates from Nepal Nepal News Fiscal Nepal Insurance Khabar
5 sources · 7 articles
Started 4 days ago · Updated 1 day ago

Nepal Rastra Bank Mandates Disability-Friendly Services and Fair Overtime Pay for Banks

Photo · english.nepalnews.com

Nepal Rastra Bank has issued new directives requiring commercial and financial institutions to enhance accessibility for persons with disabilities and ensure fair compensation for overtime work. Banks must establish disability-friendly branches and ATMs, make digital platforms accessible, and provide tactile cards, while also prohibiting forced overtime and mandating proper pay for extra hours worked.

  • Banks are required to collaborate on establishing at least one disability-friendly branch in every local government unit.
  • Accessible ATMs must be equipped with braille signage, control buttons, and audio support.
  • Websites and mobile apps must be designed to accommodate visually impaired users.
  • Debit and credit cards will need to feature tactile elements for easier use.
  • Employees must not be forced to work outside standard office hours without mandatory overtime pay.

Timeline (7)

Share ↗
Related

More in Economy

See all
Pharmaceutical Producers Demand Government Curb Foreign Medicine Imports Pharmaceutical Producers Demand Government Curb Foreign Medicine Imports

The Association of Pharmaceutical Producers of Nepal (APPON) has urged the government to curb the import of foreign medicines, particularly those already produced domestically. APPON argues that Nepal is self-sufficient in various medicines and suggests importing only raw materials to protect national industries facing competition from cheaper foreign products.

3 articles · 6 hours ago
Government Finalizes Fiscal Year 2083/84 Budget with Focus on Economic Reform and Private Sector Growth Government Finalizes Fiscal Year 2083/84 Budget with Focus on Economic Reform and Private Sector Growth

The Nepali government is finalizing the budget for fiscal year 2083/84, set to be presented by Jestha 15, with a strong emphasis on fostering a private sector-friendly investment environment and implementing economic reforms. Key policy priorities include reducing acquisition and tax-related hurdles, enhancing the one-door service system, and increasing investment in industrial infrastructure to lower costs. The Finance Minister has described the upcoming budget as the commencement of a new, transformative phase of economic reform.

3 articles · 10 hours ago
Nepal Life Insurance Conducts AML/CFT Training with Nepal Rastra Bank Expert Nepal Life Insurance Conducts AML/CFT Training with Nepal Rastra Bank Expert

Nepal Life Insurance Company Limited held a specialized training in Kathmandu on Anti-Money Laundering, Countering the Financing of Terrorism, and Countering the Financing of Proliferation (AML/CFT/CPF). The session featured Dr. Hari Kumar Nepal from Nepal Rastra Bank, who provided insights on legal frameworks and practical implementation for the insurance sector. The training aimed to strengthen participants' understanding and reduce financial crimes.

3 articles · 11 hours ago