Nepal Rastra Bank definition

Nepal Rastra Bank means the central bank of the Borrower established and operating pursuant to the provisions of the Borrower’s Nepal Rastra Bank Act, 2058 (2001);
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Nepal Rastra Bank means the Central Bank of Nepal, or any successor thereto;
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Nepal Rastra Bank means the Borrower's central bank, established and operating pursuant to the Borrower's Nepal Rastra Bank Act, 2012 (1955), as amended to the date of this Agreement;
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Examples of Nepal Rastra Bank in a sentence

  • The fair value of collateral is generally assessed, at a minimum, at inception and based on the guidelines issued by the Nepal Rastra Bank.

  • However, as per carve out on NAS 39 Para 58, the Bank has assessed and measured impairment loss on loan and advances as the higher of amount derived as per norms prescribed by Nepal Rastra Bank for loan loss provision and amount determined as per paragraph 63 of NAS 39.

  • The multiplier of 1.5 may be reduced up to1 (one) in accordance with the size, nature and complexity of contracts.Only the net amount shall be calculated after deducting the amount for VAT and such amount shall be adjusted wholesale price index of Nepal Rastra Bank.

  • The formats used in the preparation of the Financial Statements and the disclosures made Therein comply with the specified formats prescribed by the Nepal Rastra Bank for the Preparation, presentation and publication of Interim Financial Statements.

  • The formats used in the preparation of the Financial Statements and the disclosures made therein comply with the specified formats prescribed by Nepal Rastra Bank for the preparation, presentation and publication of Interim Financial Statements.

  • The Risk Management Committee, formed as per directives of Nepal Rastra Bank, also assesses the maximum risk appetite of the Bank to maintain adequate CAR.

  • At each reporting date, the Bank assesses whether there is objective evidence that a financial asset or group of financial assets not carried at fair value through The Statement of Profit or Loss are impaired.However, in case of loans and advances, impairment loss is measured as the higher of amount derived as per norms prescribed by Nepal Rastra Bank for loan loss provision and amount determined as per NAS 39 para 63.

  • Assets and liabilities denominated in foreign currencies as on the balance sheet date have been converted into local currency at mid-point exchange rates published by Nepal Rastra Bank after adjustment for effective trading rate.

  • The fair value of collateral is generally assessed, at a minimum, at inception and based on the guidelines issued by the central bank (Nepal Rastra Bank).

  • As authorized by Nepal Rastra Bank, the Bank is dealing in Gold only as per the procedures prescribed by the NRB and the Bank’s internal manual.


More Definitions of Nepal Rastra Bank

Nepal Rastra Bank means the central bank of the Recipient, or any successor thereto acceptable to ADB;
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Nepal Rastra Bank means the Borrower’s Central Bank established and operating pursuant to the Borrower’s Nepal Rastra Bank Act, 2012 (1955), as amended to the date of this Agreement;
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Nepal Rastra Bank means the central bank of the Borrower established and operating under the Borrower’s Nepal Rastra Bank Act, 2012 (1955);
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Nepal Rastra Bank means the central bank of the Borrower established and operating pursuant to the provisions of the Borrower’s Nepal Rastra Bank Act, 2012 (1955), as the same may be amended from time to time;
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Nepal Rastra Bank and “NRB” means the Borrower’s central bank operating under the Nepal Rastra Bank Act;
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Nepal Rastra Bank or “NRB” means the central bank of the Recipient functioning pursuant to the Nepal Rastra Bank Act of 2002 (2058), as amended.
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Related to Nepal Rastra Bank

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  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

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  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

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  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467a(b) and the regulations of the Office of Thrift Supervision promulgated thereunder.

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  • National City National City Mortgage Co., or any successor thereto.

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  • AML/CFT means anti-money laundering and countering the financing of terrorism;

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