In view of growing banking business in Nepal, it has been felt necessary to establish an Association for collective efforts and participation of the banks to establish and enhance the interrelationship and co-ordination among the commercial banks incorporated in Nepal in order to develop a fair and healthy competition among the banks, to maintain uniformity in the policy and procedures of loan and other banking transactions, to develop and adopt creative and modern technology. To make the banks more effective and efficient, and to identify the problems and implement the remedies associated with the business of the banks, and institution with the name " Nepal Bankers' Association" has been established under the Institution Registration Act, 2034.