Major role of bank and financial institution for the development of Nepal's economy

1.  it collects passive saving from general people to  arrange capital for economic development activities.
2. it collects saving from surplus sectors and provide to deficit sectors whenever needed.
3. mobile banking , pos , internet banking , ATM , cashless transaction and many other technical services have digitized the banking services making it accessible and effective.
4. international banking tools like SWIFT ,letter of credit , bill of exchange , bank draft and telegraphic transfer etc. have made banking services more user friendly and accessible at different countries too due to which business expansion , import and exporting of items have been easier.
5. it has helped in poverty alleviation , women's empowerment  and entrepreneurship and helped in the upliftment of livelihood of marginalized group.
6. it has been encouraging in saving as well as in investment at different sectors.
7. it has been actively participating in corporate social relationship for  development of rural areas and also in awareness campaign.