Banking News/The first Governor of Nepal Rastra Bank, Himalaya Shamsher Jabra has passed away.

 Jabara died on Sunday morning at the age of 95 during treatment at Narvik Hospital in Kathmandu. 

After passing Matric 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 established the Rashtra Bank and appointed a governor with a salary of 800 per month. 

From 1962 to 1986, Jabara worked as a resident representative in various countries under the United Nations Development Program. 

After that, he turned to business and established Himalayan Bank to Himalayan Distillery.