First Governor of NRB Himalaya Shamsher JBR passes away

Kathmandu: Himalaya Shamsher JBR, the first governor of Nepal Rastra Bank (NRB), has passed away.

95-year-old JBR died in the morning during treatment at Norvic Hospital in Kathmandu.

JBR was the first governor and former finance secretary of Nepal. He was also the founder of Himalayan Bank.

After passing matriculation in 14 years, he became the Secretary of the Government of Nepal and became the first Governor of Nepal Rastra Bank.

He was only 29 years old when King Mahendra Shah established the Rashtra Bank and appointed a governor with a salary of 800 per month.