Global Banking Regulations Adapt to Economic Crises and Pandemics
The Basel Accords are important rules for banks worldwide. They were updated after the 2009 financial crisis to make banking safer. Nepal follows these rules for bank supervision. They use onsite and offsite methods to check on banks. This helps make sure banks are doing well and not taking too many risks. Nepal also watches things like how much money banks have to keep on hand and how much they can lend out. This helps prevent problems like fraud and bad loans. The goal is to make sure banks are safe and trustworthy for everyone.