KATHMANDU: Following the violent Gen-Z protests on September 8 and 9, the Nepal Rastra Bank (NRB) has begun assessing damages to banks, financial institutions, and industries.

Governor Dr. Biswo Nath Poudel, whose own residence in Bhaisepati was burned during the unrest, has taken the lead in collecting damage reports and ensuring smooth operation of the financial sector.

According to NRB spokesperson Kiran Pandit, the central bank is compiling details of losses and working on facilitation measures to help institutions and industries resume normal operations.

As part of this process, Governor Poudel held separate meetings with representatives of banks, financial institutions, and business leaders.

From the banking sector, attendees included Santosh Koirala, CEO of Machhapuchhre Bank and President of Nepal Bankers’ Association; Surendra Regmi, CEO of Global IME Bank and Vice President of the Association; Suyog Shrestha, President of the Development Bankers’ Association; Nischal Raj Pandey, CEO of Sanima Bank; and Madhav Upadhyaya, CEO of Garima Development Bank, among others.

From the business community, participants included Anjan Shrestha, Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI); Kamlesh Kumar Agrawal, President of Nepal Chamber of Commerce; Birendra Pandey, President of Confederation of Nepalese Industries (CNI); former CNI President Satish More; Chamber Senior Vice President Deepak Malhotra; and business leader Prabal Jung Pandey, among others.

Governor Poudel emphasized that the NRB will continue coordinating with both financial institutions and the private sector to mitigate disruptions and stabilize the economy in the aftermath of the protests.