Nepal Rastra Bank definition

Nepal Rastra Bank means the central bank of the Borrower, established and operating pursuant to the Nepal Rastra Bank Act, 2012 (1955), as amended from time to time;
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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, 2058 (2001);
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Nepal Rastra Bank means the central bank of Nepal;
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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.

  • Interest Rates on NRB Refinance Loans will be as stated by 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 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 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.

  • Bank and Financial Institutions shall measure impairment loss on loan and advances as higher of amount derived as per prudential norms prescribed by Nepal Rastra Bank and amount determined as per paragraph 63.

  • 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.

  • As per Loan Loss Provision of Nepal Rastra Bank Loan loss provisions in respect of non-performing loans and advances are based on management’s assessment of the degree of impairment of the loans and advances, subject to the minimum provisioning level prescribed in relevant NRB guidelines.

  • 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.

  • However, as per carve out on NAS 39 Para 58, the Finance 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.


More Definitions of Nepal Rastra Bank

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 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 and “NRB” means the Borrower’s central bank operating under the Nepal Rastra Bank Act;
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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 Recipient, or any successor thereto acceptable to ADB;
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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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Related to Nepal Rastra Bank

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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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