What are the main features and importance of the IT policy issued by NRB? Sate.

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NRB issued IT policy in order to provide guidance to B&FIs regarding the use of information and technologies in their daily transactions.

Features of IT policy

 

             It is effective and efficient and economic for IT operation

             It is well structured and secured physical layout of IT

             It provides multilevel security for information

             It develop, implement, and maintain data backup and recovery

             It established and maintain efficient, effective, and economic disaster recovery (DR) system

             It uniform and legitimate IT infrastructure

             It provides IT directives to licensed B&FIs

             It set a standard for IT procurement and shall be reviewed based on technology development

             It promulgate “NRB IT Code of conduct” for proper usages of NRB IT resources  It strengthen IT capacity building of employees

 

Importance or objectives of IT policy

 

             To ensure secure stable and standard IT Infrastructure.

             To ensure available, merge and confident information.

             To enhance user awareness for efficient, effective and economic use of the IT System.

             To minimize IT related risk.

             To facilitate the efficient operation of the information system in the financial sector.

             To implement IT system audit.

             Develop, implement and maintain data backup and recovery policy.

             Provide IT directive to licenses bank and financial institutions.

             Maintain multi-level security system.

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