Examples of 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.
NMBMF) is incorporated as a public limited company under Companies Act, 2063 and licensed by Nepal Rastra Bank as “D” Class financial institution having Nation Wide working area to operate its microfinance program under Bank and Financial Institution Act 2006.
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.
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.
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.