Tuesday, July 7th, 2026

Gyanendra Shahi questions legality of new NRB Governor’s appointment



KATHMANDU: Rastriya Prajatantra Party (RPP) Chief Whip Gyanendra Bahadur Shahi has alleged that the government violated the law in appointing the new Governor of Nepal Rastra Bank (NRB), Biswo Poudel.

Speaking at the parliamentary Finance Committee meeting on Wednesday, Shahi claimed that Poudel is legally unfit to assume the post.

Citing the Nepal Rastra Bank Act, Shahi pointed out that a sitting member of any political party is not eligible to become governor.

“Appointing a politically affiliated individual as governor is a clear breach of the law,” he said.

He further argued that Governor Poudel lacks adequate knowledge of monetary policy, claiming that his academic background is in agriculture, not economics or finance.

Publish Date : 05 June 2025 14:24 PM

Weather Department warns of heavy rainfall risk in four provinces amid active monsoon

KATHMANDU: The Department of Hydrology and Meteorology has said monsoon

Education officer remanded for five days over alleged public indecency in Lalitpur

KATHMANDU: An education officer accused of committing an obscene act

NRB projects 7% economic growth for FY 2026/27

KATHMANDU: Nepal Rastra Bank (NRB) has projected that Nepal’s economy

NRB says economy remains externally strong but internal demand and credit growth weak

KATHMANDU: Nepal Rastra Bank (NRB) has said that while Nepal’s

Rameshore Khanal says failure to separate public, private lives fuels corruption

KATHMANDU: Former finance minister and former secretary Rameshore Khanal has