ljifo ;"rL

1 ^) cf}+ ;fwf/0f ;ef ;DaGwL ;'"rgf 1

2 k|ltlglw -k|f]S;L_ kmf/fd tyf k|j]zkq 3

3 cWoIfsf] dGtJo 5

4 ;~rfns ;ldltsf] jflif{s k|ltj]bg 7

5 sDkgL P]g, @)^# sf] bkmf !)( cg';f/sf] cltl/Qm ljj/0f 17

lwtf]kq btf{ tyf lgisfzg lgodfjnL, @)&# sf] lgod @^ sf]

6 pklgod -@_ ;“u ;DalGwt ljj/0f 20

7 n]vfk/LIfssf] k|ltj]bg 22

cf= j= @)&%÷&^ sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f / ;f] ;Fu

8 ;DalGwt cg';"rLx? 26

nfef+z 3f]if0ff÷ljt/0f tyf ljQLo ljj/0f k|sfzg ug]{ ;DaGwdf

9 g]kfn /fi6« a}+ssf] :jLs[lt 91

10 k|d'v ljQLo kl/;"rsx? 93

11 k|fb]lzs sfof{no tyf zfvf ;~hfn 95

12 k|aGwkqdf ul/Psf] k|:tfljt ;+zf]wgsf] tLg dxn] 105

13 lgodfjnLdf ul/Psf] k|:tfljt ;+zf]wgsf] tLg dxn] 106

 g]kfn a}+s lnld6]8
sf=d=g=kf= j8f g+= @@, wd{ky, sf7df8f}+
^) cf}+ ;fwf/0f ;ef ;DaGwL ;"rgf f
o; a}+ssf] ;~rfns ;ldltsf] ldlt @)&^÷*÷@( ut] cfOtaf/ a;]sf] ;QfO;f}+ a}7ssf] lg0f{ofg';f/ b]xfosf laifox?df
5nkmn tyf lg0f{o ug{sf] nflu lgDg ldlt, :yfg / ;dodf a}+ssf] ^) cf}+ aflif{s ;fwf/0f ;ef a:g] ePsf] x'Fbf ;Dk"0f{
z]o/wgL dxfg'efjx?sf] pkl:yltsf nflu cg'/f]w ub}{ of] ;"rgf k|sflzt ul/Psf] 5 .

!= ;fwf/0f ;ef x'g] ldlt, :yfg / ;do M

ldlt M @)&^ kf}if @% ut] z'qmaf/
:yfg M g]kfn P=lk=Pkm Sna, xnrf]s, sf7df8f}+
;do M laxfg !!M)) ah]
@= 5nkmnsf ljifox? M
s= ;fdfGo k|:tfjx? M
!= cf=j= @)&%÷&^ sf] ;~rfns ;ldltsf] jflif{s k|ltj]bg 5nkmn u/L kfl/t ug]{ .
@= n]vfk/LIfssf] k|ltj]bg ;lxtsf] @)&^ cfiff9 d;fGtsf] jf;nft, ;f]xL ldltdf ;dfKt cf=j= @)&%÷&^
sf] gfkmf÷gf]S;fg lx;fa tyf gub k|jfx ljj/0f / ;f]xL cjlwsf] ljQLo ljj/0f;Fu ;DalGwt cg';"rLx?
5nkmn u/L kfl/t ug]{ .
#= ;~rfns ;ldltaf6 k|:tfljt xfnsf] r'Qmf k"FhLsf] !) k|ltztsf b/n] x'g cfpg]
?=(*,!!,!$,*))÷– -cIf]?kL cG7fgAa] s/f]8 P3f/ nfv rf}w xhf/ cf7 ;o_ gub nfef+z -nfef+z s/
;d]t_ ljt/0f ug{ :jLs[tL k|bfg ug]{ .
$= sDkgL P]g, @)^# sf] bkmf !!! cg';f/ cf=j= @)&^÷&& sf] nflu n]vfk/LIfs lgo'Qm ug]{ / lghsf]
kfl/>lds lgwf{/0f ug]{ .
v= ljz]if k|:tfjx? M
!= a}s + sf] clws[t k"FhL ?=!) ca{af6 a[l4 u/L ?=!% ca{ sfod ug]{ / ;f]xL adf]lhd k|aGwkqsf] ;DalGwt
bkmfdf ;+zf]wg ug]{ .
@= ;~rfns ;ldltaf6 k|:tfljt xfnsf] r'Qmf k"FhLsf] !% k|ltztsf b/n] x'g cfpg]
?=!,$&,!^,&@,@))÷– -cIf]?kL Ps ca{ ;t\rfln; s/f]8 ;f]x| nfv axQ/ xhf/ b'O{ ;o_ af]gz z]o/
ljt/0f ug{ :jLs[lt k|bfg ug]{ / af]gz z]o/ ljt/0faf6 a}+ssf] ;fljs hf/L tyf r'Qmf k"FhLdf a[l4 u/L
?=!!,@*,@*,@),@))÷– -cIf]?kL P3f/ ca{ c¶fO; s/f]8 c¶fO; nfv aL; xhf/ b'O{ ;o_ sfod ug{] /
;f]xL adf]lhd k|aGwkq tyf lgodfjnLsf] ;DalGwt bkmfdf ;+zf]wg ug]{ .
#= ;~rfnssf] a}7s eQf nufotsf ;'ljwfdf a[l4 ug{ lgodfjnLsf] lgod @( -!_ sf] -v_, -u_ / -3_ df
;+zf]wg ug]{ .
$= a}+ssf] k|aGwkq÷lgodfjnLsf] k|:tfljt ;+zf]wgdf lgodgsf/L lgsfox?af6 s'g} km]/abnsf] ;'emfj k|fKt
ePdf ;f] adf]lhd cfjZos km]/abn ug{ ;~rfns ;ldltnfO{ clVtof/L k|bfg ug]{ .

;~rfns ;ldltsf] cf1fn]

s]zj k|;fb e08f/L
sDkgL ;lrj

^) cf}+ jflif{s k|ltj]bg 1

 ;fwf/0f ;ef ;DaGwL ;fdfGo hfgsf/L
!= ;fwf/0f ;ef k|of]hgsf] lgldQ ldlt @)&^÷(÷!# ut] z]o/wgL btf{ k'l:tsf aGb -Book Close_ ul/g]5 . g]kfn
:6s PSr]Gh lnld6]8df ldlt @)&^÷(÷!) ut];Dd sf/f]jf/ eO{ lgodfg';f/ z]o/ gfd;f/L ePsf z]o/wgLx? dfq
;fwf/0f ;efdf efu lng tyf cfly{s jif{ @)&%÷&^ sf] af]gz z]o/ tyf gub nfef+z kfpg of]Uo x'g] 5g\ .
@= ;efdf efulng OR5's z]o/wgL dxfg'efjx?n] z]o/ k|df0fkq jf lxtu|fxL -DMAT_ vftf vf]lnPsf] k|df0f tyf
kl/ro v'Ng] s'g} k|df0f -h:t} gful/stfsf] k|df0fkq jf cGo s'g} kmf]6f] ;lxtsf] kl/rokq_ clgjfo{ ?kdf ;fydf
lnO{ cfpg' x'g cg'/f]w 5 .
#= ;efdf efu lng] k|To]s z]o/wgL dxfg'efjx?n] ;ef :yndf /x]sf] xflh/L k'l:tsfdf b:tvt ug'{ kg]{5 . xflh/L
k'l:tsf laxfg (=#) ah] b]lv v'Nnf /xg]5 .
$= ;efdf efu lngsf] nflu cfkm\gf] k|ltlglw -k|f]S;L_ lgo'Qm ug{ rfxg] z]o/wgLx?n] cfkm\gf] ;Dk"0f{ z]o/sf] Pp6}
k|ltlglw x'g] u/L k|rlnt sDkgL sfg"gn] tf]s]sf] 9fFrfdf k|ltlglwkq -k|f]S;L_ kmf/d e/L ;ef z'? x'g'eGbf sDtLdf
&@ 306f cufl8 cyf{t\ ldlt @)&^÷(÷@@ sf lbg laxfg !! ah]leq a}+ssf] z]o/ /lhi6«f/sf] sfof{no >L l;len
Soflk6n dfs]{6 lnld6]8, l;l6;L dn, ;'Gwf/f sf7df8f}+df btf{ ul/;Sg' kg]{5 . a}+ssf z]o/wgLx?nfO{ dfq k|f]S;L
lgo'Qm ug{ ;lsg]5 . PseGbf a9L JolQmnfO{ z]o/ ljefhg u/L jf cGo s'g} lsl;daf6 5'§ofP/ lbOPsf] k|f]S;L ab/
x'g]5 .
%= ;efdf efu lngsf] nflu k|ltlglw -k|f]S;L_ lgo'Qm ul/;s]kl5 k|ltlglw km]/jbn ug{ rfx]df o; cl3 lbPsf] k|ltlglw
-k|f]S;L_ ab/ u/L of] k|ltlglw -k|f]S;L_ nfO{ dfGotf lbOof];\ eGg] 5'§} kq ;lxt k|f]S;L kmf/d ;ef z'? x'g'eGbf
sDtLdf $* 306f cuf8L cyf{t\ ldlt @)&^÷(÷@# sf lbg laxfg !! ah]leq sDkgLsf] z]o/ /lhi6«f/sf] sfof{no
l;len Soflk6n dfs]{6 lnld6]8, l;l6;L dn, ;'Gwf/f sf7df8f}+df k|fKt x'g] u/L btf{ u/fPsf] cj:yfdf cl3Nnf]
k|ltlglwnfO{ :jtM ab/ ePsf] dfgL kl5Nnf] k|ltlglw -k|f]S;L_ nfO{ dfGotf lbOg]5 .
^= k|ltlglw lgo'Qm ul/;s]sf] z]o/wgL cfkm}+ ;efdf pkl:yt eO{ xflh/L k'l:tsfdf b:tvt u/]df lghn] lbPsf] k|ltlglw
-k|f]S;L_ :jtM ab/ x'g]5 .
&= ;+o'Qm ?kdf z]o/ u|x0f ug]{ z]o/wgLx?sf] xsdf z]o/ nut lstfadf klxn] gfd pNn]v ePsf] JolQm jf ;j{;Ddt
lgo'Qm k|ltlglwn] dfq ;efdf efu lng kfpg] 5g\ .
*= gfafns tyf dfgl;s ;Gt'ng 7Ls g/x]sf] z]o/wgLsf] tkm{af6 z]o/ nut btf{ lstfadf ;+/Ifssf] ?kdf gfd btf{
ePsf] JolQmn] ;efdf efu lng tyf k|ltlglw lgo'Qm ug{ ;Sg] 5g\ .
(= ;+ul7t ;+:yfsf z]o/wgL ePdf To:tf] ;+ul7t ;+:yfsf] tkm{af6 a}+ssf] ;fwf/0f ;efdf pkl:yt x'gsf] nflu dgf]lgt
JolQmn] z]o/wgL ;+:yfsf] cflwsfl/s kqsf ;fy k|f]S;L kmf/ddf ;+:yfsf] 5fk / cflwsfl/s JolQmsf] b:tvt ePsf]
sfuhft k]z ug'{ kg]{5 .
!)= bkmf $ / % df plNnlvt lbg s'g} ;fj{hflgs labf kg{ uPdf klg ;f] bkmfx?df plNnlvt k|of]hgsf] lgldQ sfof{no
sIf v'Nnf /xg]5 .
!!= z]o/wgL dxfg'efjx?sf] hfgsf/Lsf nflu a}+ssf] ;+lIfKt cfly{s ljj/0f o;} ;"rgf ;fy k|sflzt ul/Psf] 5 .
!@= ;fwf/0f ;ef ;DaGwdf yk hfgsf/L cfjZos k/]df sfof{no ;doleq a}+ssf] s]lGb|o sfof{no, ;~rfns ;ldlt
;lrjfnodf ;Dks{ /fVg ;d]t cg'/f]w ul/G5 .

2 ^) cf}+ jflif{s k|ltj]bg

 Kf|ltlglw -k|f]S;L_ kmf/fd
>L ;~rfns ;ldlt
Gf]kfn a}+s lnld6]8
wd{ky, sf7df8f}+ .

ljifoM k|ltlglw lgo'Qm u/]sf] af/] .

Dfxfzo,
=====================lhNnf=============================g=kf=÷uf=kf=j8f g+=========a:g] d÷xfdL===============================================
n] To; a}+ssf] z]o/wgLsf] x}l;otn] ldlt @)&^ ;fn kf}if @% ut] z'qmaf/sf lbg x'g] ^) cf}+ ;fwf/0f ;efdf d÷xfdL
:jo+ pkl:yt eO{ 5nkmn tyf lg0f{odf ;xefuL x'g g;Sg] ePsf]n] pQm ;efdf d]/f]÷xfd|f] tkm{af6 efu lngsf nflu
===========================lhNnf=============================g=kf=÷uf=kf= j8f g+==========a:g] To; a}+ssf z]o/wgL
>L ========================================================== nfO{ d]/f]÷xfd|f] Kf|ltlglw dgf]lgt u/L k7fPsf] 5'÷5f}+ .

dgf]lgt Kf|ltlglwsf] lgj]bssf]

b:tvt gd"gfM b:tvtM

gfdM gfdM
z]o/wgL g+=÷lxtu|fxL g+= 7]ufgfM
ldltM z]o/wgL g+=÷lxtu|fxL g+=
z]o/ ;+VofM

========================================================================================================================================================
k|j]zkq
z]o/wgLsf] gfd=================================================== z]o/wgL g+=÷lxtu|fxL g+================================================= z]o/
;+Vof====================== z]o/wgLsf] b:tvt==========================

g]kfn a}+s lnld6]8sf] ldlt @)&^ ;fn kf}if @% ut] z'qmaf/sf lbg x'g] ^) cf}+ ;fwf/0f ;efdf pkl:yt x'g hf/L ul/Psf]
k|j]z kq .

======================
sDkgL ;lrj
b|i6JoM
!= z]o/wgL cfkm+}n] vfnL 7fpFFx?df ljj/0f eg'{ x'g cg'/f]w 5 .
@= ;efsIfdf k|j]z ug{ of] k|j]z kq clgjfo{ lnO{ cfpg' x'g cg'/f]w 5 .

^) cf}+ jflif{s k|ltj]bg 3

4 ^) cf}+ jflif{s k|ltj]bg
 cWoIfsf] dGtJo
cfb/0fLo z]o/wgL dxfg'efjx?,
g]kfn / g]kfnL hgtfsf] uf}/jsf] ?kdf /x]sf] g]kfnsf] klxnf] a}+s g]kfn a}+s lnld6]8sf] ^) cf}+ jflif{s ;fwf/0f ;efdf
pkl:yt ;Dk"0f{ cfb/0fLo z]o/wgL dxfg'efjx? tyf pkl:yt cltly dxfg'efjx?df ;~rfns ;ldltsf ;fy} d]/f]
JolQmut tkm{af6 xflb{s :jfut ub{5' .
o; a}+ssf] ;~rfns ;ldltdf xfn d ;d]t kfFr hgf ;~rfns /x]sf 5fF} . ut aif{sf] ;fwf/0f ;efdf ePsf] ;j{;fwf/0f
z]o/wgLsf] tkm{af6 k|ltlglwTj ug]{ ;~rfnssf] lgjf{rg k|s[ofsf lj?¢ pRr cbfnt kf6gdf k/]sf] l/6sf sf/0f
;j{;fwf/0f z]o/wgLsf] tkm{af6 k|ltlglwTj ug]{ ;~rfnssf] kb k"lt{ x'g g;s]sf] / ;Ddflgt cbfntsf] km};nf k|fKt eP
kl5 km};nf adf]lhd l/Qm ;~rfnssf] kb k"lt{ ug]{ k|s[of cufl8 a9fOg] Joxf]/f ;d]t hfgsf/L u/fpg rfxG5' .
tTsflng ;dodf ePsf] sdL sdhf]/L tyf j]lyltsf sf/0f o; a}+ssf] kFF"hLsf]if gsf/fTds x'g uO{ ljut @ bzs eGbf
a9L ;dob]lv nufgLstf{ dxfg'efjx?nfO{ s'g} k|ltkmn lbg g;ls/x]sf]df kl5Nnf cfly{s jif{x?df a}+sn] cfkm\gf] ljQLo
cj:yf tyf kl/;"rsx?df pNn]vgLo ;'wf/ Nofpg ;kmn eO{ ut cfly{s jif{ @)&%÷&^ sf] ljQLo ljj/0f cg';f/sf]
z]o/ lk|ldodaf6 xfnsf] r'Qmf k"FhL ?=(,*!,!!,$*,)))÷– sf] !%-kGw|_ k|ltzt af]g; z]o/ / ljt/0f of]Uo d'gfkmfaf6 !)
-bz_ k|ltzt gub nfef+z -nfef+z s/ ;d]t u/L_ ljt/0f ug]{ :jLs[ltsf nflu o; ul/dfdo ;ef ;dIf k|:tfj ug{
kfpFbf xlif{t ePsf] 5' .
o; a}+ssf] cfly{s jif{ @)&%÷&^ ljQLo ljj/0f cg';f/ s'n z]o/xf]N8/ OlSj6Ldf ? @( ca{ @* s/f]8 / k"FhL kof{Kttfsf]
cg'kft !^=*) k|ltzt /x]sf] 5 . rfn' cfly{s jif{sf] k|yd qodf;df s'n z]o/xf]N8/ OlSj6L ?=@( ca{ $! s/f]8, k"FhL
kof{Kttf cg'kft !*=)! k|ltzt, lgIf]k ?=! va{ !^ ca{ *) s/f]8 tyf shf{ ?=(^ ca{ (% s/f]8 /x]sf] 5 . pQm cjlwdf
?=%* s/f]8sf] xf/fxf/Ldf v'b dgfkmf cfh{g u/]sf] tyf v/fa shf{ cg'kft @=&% k|ltzt /x]sf] 5 . ;fy}, a}+ssf cGo ;a}
ljQLo kl/;"rsx? ;d]t ;Gtf]ifhgs /x]sf 5g\ .
a}+sn] xfn k|wfg sfof{no, & j6f k|fb]lzs sfof{no, !&% j6f zfvf / @% j6f PS;6]G;g sfp06/ dfkm{t a}+lsË ;]jfx?
pknAw u/fpFb} cfPsf] 5 . klxn] ljleGg sf/0fn] aGb ePsf zfvfx? qmdz M k'g:yf{kgf / Joj;flos ?kdf ;DefJo
/x]sf :yfgx?df cfkm\gf] a}+lsË ;]jfx?sf] ;~hfn km}nfpg] s|ddf 5f}+ . a}+sdf xfn Pumori Centralized Core Banking
System (CBS) dfkm{t ;Dk"0f{ zfvf sfof{nox?sf] PsLs[t sf/f]af/ eO/x]sf] / k|ljlwdf cfwfl/t ;a} vfnsf ;]jfx? u|fxs
;dIf k|bfg eO/x]sf] 5 .
kl5Nnf jif{x?df b]zn] xfl;n ul//x]sf] ;sf/fTds cfly{s a[l4 / afl~5t ;Ldfleq /x]sf] d'b|fl:kmltn] cy{tGqdf pT;fxsf]
;~rf/ ePsf] 5 . s[lif / ko{6g If]qdf nufgL a9\bf] qmddf /x]sf] 5 . phf{sf] pknAwtfdf ;'wf/ ePsf] 5 . ef}lts
k"jf{wf/sf] ljsf; / lj:tf/n] tLj|tf kfPsf] 5 . nufgLsf] jftfj/0fdf b]lvPsf] ;sf/fTds k|efjn] a}+ssf] Joj;fo
lj:tf/df ;d]t ;sf/fTds k|efj b]lvg] g} 5 .
cfufdL jif{x?df a}+ssf ;fd' ;~rfng nfut 36fO{ sd{rf/Lsf] pTkfbsTj a[l4 ug]{, ahf/ lj:tf/ ug]{, u|fxsju{nfO{
gljgtd ;]jf ;'ljwf k|bfg ug]{, ;"rgf k|ljlw tyf l8lh6fOh]zgsf] pkef]u a9fpFb} n}hfg], k|efjsf/L hf]lvd Joj:yfkg
ug]{, ;'zf;g tyf :jcg'zf;g ;lxtsf] g}lts a}+lsË ug]{, df}h'bf ;DklQsf] k|ltkmno'Qm Joj:yfkg ug]{, sd{rf/Lsf] ;Lk
clea[l4 ub}{ of]Uo / Odfgbf/ sd{rf/Lx?nfO{ ;+:yfdf ydf}tL ug{] nufotsf r'gf}tLx? /x]sf 5g\ .
b]zsf] a}+lsË Oltxf;sf] cfwf/ :tDesf] ?kdf /x]sf] o; a}+sn] ljleGg ptf/r9fjk"0f{ cj:yf Joxf]b}{ xfn cfP/ k|lt:kwL{
a}+lsË kl/j]zdf cfkm"nfO{ ;an / ;Ifd ?kdf k|:t't ug{ ;s]sf] 5 . a}+snfO{ of] l:ylt;Dd k'¥ofpg cgj/t ;fy /
;xof]u k|bfg ug]{ z]o/wgL dxfg'efjx?, u|fxs dxfg'efjx?, lgodgsf/L lgsfo, 6]«8 o'lgogx? tyf a}+ssf sd{rf/L
nufot ;Dk"0f{df wGojfb 1fkg ub{5' .

>L jf;'b]j clwsf/L

cWoIf
@)&^÷)(÷@%

^) cf}+ jflif{s k|ltj]bg 5

6 ^) cf}+ jflif{s k|ltj]bg
 g]kfn a}+s lnld6]8sf] ^) cf}+ jflif{s ;fwf/0f ;efdf k|:t't
;~rfns ;ldltsf] jflif{s k|ltj]bg
cfly{s jif{ @)&%÷&^
cfb/0fLo z]o/wgL dxfg'efjx?,
g]kfn a}+s lnld6]8sf] ^) cf}+ jflif{s ;fwf/0f ;efdf pkl:yt ;Dk"0f{ z]o/wgL dxfg'efjx?nfO{ k'gM xflb{s :jfut ub}{
@)&^ cfiff9 d;fGtsf] jf;nft, cfly{s jif{ @)&%÷&^ sf] gfkmf gf]S;fg lx;fa, gub k|jfx ljj/0f ;lxtsf] jflif{s
k|ltj]bg, ;f] pk/ n]vfk/LIfssf] dGtJo :jLs[ltsf] nflu o; ;ef ;dIf k|:t't ug]{ cg'dlt rfxG5' .

!= b]zsf] cfly{s tyf a}+lsË kl/;"rsx? M

g]kfn /fi6« a}+såf/f k|sflzt b]zsf] jt{dfg cfly{s tyf ljQLo l:ylt;Fu ;DalGwt cfly{s jif{ @)&%÷&^ sf] jflif{s
tYofÍdf cfwfl/t ljj/0fx? lgDg adf]lhd /x]sf] 5 .
s= cfly{s j[l4b/ M
cfly{s jif{ @)&$÷&% df ^=& k|ltztn] a[l4 ePsf] cy{tGqsf] a[l4b/ @)&%÷&^ df &=! k|ltzt ePsf] cg'dfg
s]Gb|Lo tYofÍ ljefun] u/]sf] 5 . cfly{s jif{ @)&%÷&^ df s[lif, pBf]u / ;]jf If]qsf] a[l4b/ %=) k|ltzt, *=@
k|ltzt / &=# k|ltzt /x]sf] cg'dfg 5 .

v= d'b|fl:kmlt M
cl3Nnf] cfly{s jif{df $=@ k|ltzt /x]sf] pkef]Qmf d'b|fl:kmlt cfly{s jif{ @)&%÷&^ sf] jflif{s cf}ift $=^ /x]sf]
5.

u= j}b]lzs Jofkf/ M
cfly{s jif{ @)&%÷&^ df s'n j:t' lgof{t !(=$ k|ltztn] a[l4 eO{ ?=(& ca{ !! s/f]8 k'u]sf] 5 . cl3Nnf] jif{
o:tf] lgof{t !!=$ k|ltztn] a[l4 ePsf] lyof] . uGtJosf cfwf/df ef/ttkm{ #$=# k|ltzt / cGo d'n'stkm{ )=@
k|ltztn] a[l4 ePsf] lgof{t rLgtkm{ !#=% k|ltztn] x|f; cfPsf] 5 .
cfly{s jif{ @)&%÷&^ df s'n j:t' cfoft !#=( k|ltztn] a9]/ ?=!$!* ca{ %$ s/f]8 k'u]sf] 5 . cl3Nnf] jif{
o:tf] cfoft @%=* k|ltznt] a9]sf] lyof] . j:t' cfoft ul/g] d'n'ssf cfwf/df ef/taf6 !@=* k|ltzt, rLgaf6
@*=% k|ltzt / cGo d'n'saf6 *=( k|ltztn] a9]sf] 5 .

3= rfn' vftf Pj+ zf]wgfGt/ l:ylt M

cl3Nnf] cfly{s jif{ ?=@$& ca{ %& s/f]8n] 3f6fdf /x]sf] rfn' vftf cfly{s jif{ @)&%÷&^ df ?=@^% ca{ #&
s/f]8n] 3f6fdf /x]sf] 5 . cfly{s jif{ @)&$÷&% df ?=(^ s/f]8n] artdf /x]sf] zf]wgfGt/ l:ylt @)&%÷&^
df ?=^& ca{ $) s/f]8n] 3f6fdf /x]sf] 5 .

ª= ljb]zL ljlgdo ;l~rlt M

s'n ljb]zL ljlgdo ;l~rlt @)&% cfiff9 d;fGtdf ?=!!)@ ca{ %( s/f]8 /x]sf]df @)&^ cfiff9 d;fGtdf
?=!)#* ca{ (@ s/f]8 /x]sf] 5 . cfly{s jif{ @)&%÷&^ sf] cfoftnfO{ cfwf/ dfGbf a}+lsË If]q;Fu /x]sf] ljb]zL
ljlgdo ;l~rltn] *=( dlxgfsf] j:t' cfoft / &=* dlxgfsf] j:t' tyf ;]jf cfoft wfGg kof{Kt /xg] b]lvG5 .

r= lgIf]k ;+sng M
;dLIff jif{df a}+s tyf ljQLo ;+:yfx?sf] lgIf]k !* k|ltztn] a9]sf] 5 . cl3Nnf] jif{ o:tf] lgIf]k !(=@
k|ltztn] a9]sf] lyof] . @)&^ cfiff9df a}+s tyf ljQLo ;+:yfx?sf] s'n lgIf]kdf rNtL, art / d'2tLsf] c+z
qmdzM (=& k|ltzt, #@=* k|ltzt / $^=# k|ltzt /x]sf] 5 .

^) cf}+ jflif{s k|ltj]bg 7

 5= shf{ k|jfx M
;dLIff jif{df a}+s tyf ljQLo ;+:yfx?af6 lghL If]qdf k|jflxt shf{ !(=$ k|ltztn] a9]sf] 5 . cl3Nnf] jif{
o:tf] shf{ @@=% k|ltztn] a9]sf] lyof] . cfly{s jif{ @)&%÷&^ df a}+s tyf ljQLo ;+:yfx?sf] s[lif If]qtkm{sf]
shf{ $@=% k|ltztn], cf}Bf]lus pTkfbs If]qtkm{sf] shf{ @)=# k|ltztn], lgdf{0f If]qtkm{sf] shf{ @@=@ k|ltztn],
oftfoft ;~rf/ tyf ;fj{hlgs ;]jf If]qtkm{sf] shf{ #@=* k|ltztn], yf]s tyf v'b|f Jofkf/ If]qtkm{sf] shf{
!%=& k|ltztn] / ;]jf pBf]u If]qtkm{sf] shf{ @$=# k|ltztn] a9]sf] 5 .

h=ljQLo kx'Fr M
@)&^ cfiff9;Dd s'n &%# :yfgLo txdWo] &#% txdf jfl0fHo a}+sx?sf zfvf lj:tf/ ePsf] 5 . a}+s tyf
ljQLo ;+:yfx?sf] s'n zfvf ;+Vof @)&% cfiff9 d;fGtdf ^^%! /x]sf]df @)&^ cfiff9 d;fGtdf *^*^ k'u]sf]
5.
g]kfn /fi6« a}+ssf] kl5Nnf] cWoog cg';f/ @)&^ c;f]h;Dddf b]zsf &#( :yfgLo txx?df jfl0fHo a}+ssf] zfvf
lj:tf/ eO;s]sf], sDtLdf ^)=( k|ltzt hg;+Vofdf a}+lsË kx'Fr k'u]sf] tyf @)&^ ;fpg;Dd a}+s tyf ljQLo
;+:yfx?sf] s'n zfvf ;+Vof **)% /x]sf] 5 .

@= /fli6«o tyf cGt/f{li6«o kl/l:yltaf6 sDkgLsf] sf/f]af/nfO{ s'g} c;/ k/]sf] eP ;f] s'/f M
;+l3otfsf] sfof{Gjog;Fu} b]zdf /fhgLlts :yfloTj sfod ePsf]n] nufgLsf] jftfj/0fdf b]lvb}F cfPsf] ;sf/fTds
k|efj, phf{sf] e/kbf]{ tyf lg/Gt/ pknAwtf, :yfgLo txdf ljsf;sf ultljlwdf ePsf] a[l4 nufotsf sf/0faf6
kl5Nnf jif{x?df b]zn] ;sf/fTds cfly{s a[l4 xfl;n ug{ ;s]sf] 5 . hg;f+lVos nfef+z, e"sDkkl5sf] tLj|
k'glgdf{0f, jfl~5t ;Ldfleq /x]sf] d'b|fl:kmlt tyf ko{6g cfudgdf ePsf] ;fk]lIfs a[l4n] ;dli6ut cfly{s
kl/b[Zox? ;sf/fTds /xg k'u]sf] xf] . o;af6 l;h{gf x'g ;Sg] nufgL tyf Joj;fo lj:tf/sf cj;/x?af6 a}+snfO{
nfe k|fKt x'g] g} 5 .
ljZj Jofkf/df rLg / cd]l/sf aLr pTkGg tgfj, rLgsf] cy{tGq lj:tf/df cfPsf] ;+s'rg, o'/f]lkog o'lgogaf6
a]nfotsf] alxud{gsf sf/0f ;du| ljZj cy{tGq k|efljt x'g] b]lvPsf] 5 . ljb]zL ljlgdob/df kl/jt{g cfO{ g]kfnL
d'b|fsf] d"Nodf x'g] kl/jt{g, ljk|]if0f cfk|jfxdf x'g] kl/jt{g, a}b]lzs nufgLdf x'g] ;Defljt a9f]Q/L nufotn] b]zsf]
;dli6ut ljQLo kl/;"rsdf k|efj kg]{ b]lvG5 . ;fy}, kl5Nnf lbgdf ef/lto cy{tGqdf b]lvPsf] ;+s'rgn] ;d]t
b]zsf] cfly{s ultljlwdf k|ToIf ck|ToIf ?kdf k|efj kg]{ b]lvG5 .

#= a}+ssf] ljut jif{sf] sf/f]jf/sf] l;+xfjnf]sg M

cfly{s jif{ @)&%÷&^ sf] ljQLo ljj/0fx? g]kfn ljQLo ljj/0f k|ltj]bgdfg (NFRS) cg'?k tof/ kfl/Psf] 5 .
;dLIff jif{ / cl3Nnf] cfly{s jif{sf] ljQLo l:yltsf] t'ngfTds ljj/0f b]xfo adf]lhd /x]sf] 5 .
-/sd ?= nfvdf_
jf;nft cf=j=@)&%÷&^ cf=j= @)&$÷&% kl/jt{g
z]o/ k"FhL (*,!!! *),$@& @!=((Ü
hu]8f tyf sf]ifx? !,##,!!& !,%@,##& –!@=^@Ü
shf{ (,&^,%&* &,(^,#@% @@=^$Ü
lgIf]k !!,*@,&%# (,(*,#!$ !*=$*Ü
nufgL !,^$,@%& !,^@,$&* !=!)Ü
gfkmf gf]S;fg lx;fa cf=j=@)&%÷&^ cf=j= @)&$÷&% kl/jt{g
v'b Aofh cfDbfgL ^!,*(% ^#,*&& –#=!)Ü
s'n ;~rfng cfDbfgL &&,#^& &%,@)@ @=**Ü
;~rfng d'gfkmf $%,!)) $*,$** –^=((Ü

8 ^) cf}+ jflif{s k|ltj]bg

 v'b d'gfkmf @%,(^& #@,!%& –!(=@%Ü
cg'kftx? cf=j=@)&%÷&^ cf=j= @)&$÷&% kl/jt{g
k"FhLsf]if !^=*)Ü !!=@&Ü %=%#Ü
lgis[o shf{ @=^$Ü #=#&Ü –)=&#Ü
cfly{s jif{ @)&%÷&^ df FPO afF8kmfF8 eP;Fu} a}+ssf] r'Qmf k"FhL ?=! ca{ &^ s/f]8 *% nfvn] a[l4 eO{ ?=( ca{
*! s/f]8 !! nfv /x]sf] 5 eg] z]o/ lk|ldod ?=# ca{ !* s/f]8 # nfvn] a[l4 eO{ ?=# ca{ @^ s/f]8 @* nfv
/x]sf] 5 . o; cf=j= df Actuarial Loss sd ePsf]n] g]kfn /fi6« a}+ssf] lgb]{lzg adf]lhd ?= ! ca{ @* s/f]8
lgodgsf/L sf]if (Regulatory Reserve) af6 ;l~rt d'gfkmfdf ;fl/Psf] sf/0f ;l~rt d'gfkmf a9]sf] 5 eg] hu]8f
tyf sf]ifdf x|f; cfPsf] 5 . ;dLIff jif{df lgIf]k !*=$* k|ltztn], shf{ @@=^$ k|ltztn] / nufgL !=!) k|ltztn]
a[l4 ePsf] 5 . k"FhLsf]ifsf] cg'kft s'n hf]lvd efl/t ;DklQsf] %=%# k|ltztn] a9]/ !^=*) k|ltzt k'u]sf] 5 eg]
lgis[o shf{ #=#& k|ltztaf6 )=&# k|ltztn] 36]/ @=^$ k|ltzt /x]sf] 5 .
ut cfly{s jif{sf] t'ngfdf o; cfly{s jif{df Jofh cfDbfgL hDDff !@=$@ k|ltztn] a[l4 ePsf]df Aofh vr{ eg]
$&=#! k|ltztn] a9]sf] sf/0f v'b Aofh cfDbfgLdf #=!) k|ltztn] x|f; cfPsf] 5 . s"n ;~rfng cfDbfgL @=**
k|ltztn] a[l4 ePsf] 5 . To;} u/L ;~rfng d'gfkmf ut cfly{s aif{df ?=$ cj{ *$ s/f]8 ** nfv /x]sf]df o;
cfly{s aif{df ?= $ cj{ %! s/f]8 ePsf] 5 . cfos/ cl3sf] gfkmf ut cfly{s jif{sf] t'ngfdf ^=(( k|ltztn] 36]sf]
5 . a}+sn] ut cfly{s jif{df ?=# ca{ @! s/f]8 %& nfv v'b d'gfkmf u/]sf]df o; cfly{s jif{df ?=@ ca{ %( s/f]8 ^&
nfv v'b d'gfkmf sdfPsf] 5 . ljz]if u/L :yug s/ vr{df ePsf] a[l4sf sf/0faf6 ;d]t v'b d'gfkmfdf x|f; b]lvPsf] xf] .

$= rfn' cfly{s jif{ @)&^÷&& sf] k|yd qodf;df xfl;n pknlAwx? M

@)&^ cflZjg d;fGt;Dd a}+ssf] s'n lgIf]k ?=! va{ !^ ca{ *) s/f]8, s"n shf{ ;fk6 sl/a ?=(^ ca{ (% s/f]8 /
nufgL ?=!^ ca{ @% s/f]8 /x]sf] 5 . a}+ssf] hu]8f tyf sf]ifdf ?=!# ca{ @% s/f]8 /x]sf] 5 . To;} u/L a}+sn] pQm
cjlwdf ?=%* s/f]8 !* nfv v'b d'gfkmf cfh{g u/]sf] 5 .
g]kfn /fi6« a}+sn] tf]s]sf] :k]|8 b/ sfod ub}{ a}+sn] lgIf]kdf k|lt:kwL{ Aofhb/ k|bfg ul/Paf6 Aofh vr{df a[l4 eO{
a}+ssf] v'b cfDbfgLdf x|f; x'g uPsf]n] d'gfkmf ;d]tdf c;/ k/]sf] b]lvG5 . To;} u/L cfly{s jif{ @)&^÷&& sf] k|yd
qodf;df k"FhLsf]if cg'kft !*=)! k|ltzt / lgis[o shf{ cg'kft @=&% k|ltzt /x]sf] 5 .

@)&^ cflZjg d;fGt;Dddf a}+ssf] k|d'v ljQLo emns lgDg tflnsfdf k|:t't ul/Psf] 5 .
ljj/0f /sd -?= nfvdf_
z]o/ k"FhL (*,!!!
hu]8f tyf sf]ifx? !,#@,%$(
lgIf]k bfloTj !!,^*,)%$
nufgL !^@,%&%
shf{ ;fk6 (,^(,$%(
v'b Aofh cfDbfgL !#,@*#
;~rfng d'gfkmf ^,!)%
af]g; tyf s/ kl5sf] v'b d'gfkmf %,*!*
lgis[o shf{ -k|ltzt_ @=&%
k"FhLsf]if cg'kft -k|ltzt_ !*=)!

^) cf}+ jflif{s k|ltj]bg 9

 a}+sn] Joj;fo lj:tf/ u/L v'b d'gfkmf a[l4 ug'{kg]{ cj:yfnfO{ dWogh/ ub}{ a}+s;Fu /x]sf] nufgLof]Uo /sd kl/rfng /
shf{df lj:tf/ ug'{kg]{ b]lvG5 . ;fy}, a}+sn] u}x|sf]lifo sf/f]af/nfO{ lj:tf/ u/L u}x| Aofh cfDbfgLnfO{ ;d]t a9fpg] kg]{
b]lvPsf] 5 .

%= a}+ssf] efjL of]hgfx? M

o; a}+ssf] efjL of]hgfx? b]xfo adf]lhd /x]sf 5g\ .
s= lgIf]k a[l4 tyf lj:tf/nfO{ k|fyldstfdf /fVb} cfly{s jif{ @)&^÷&& nfO{ lgIf]k k|j4{g jif{sf ?kdf lnO{ lgIf]k
a[l4sf ljleGg pkfox? cjnDag ug]{ .
v= /fli6«o k|fyldstfk|fKt If]qdf shf{ lj:tf/ ub}{ ;du| shf{sf] cfsf/ tyf u'0f:t/ clea[l4 ug]{ .
u= a}+sn] xfn k|of]udf NofO/x]sf] Pumori IV CBS Software nfO{ k|lt:yfkg u/L gofF Web Based Core Banking
Solution vl/bsf] sfo{ cufl8 a9fpg] .
3= a}+ssf] Brand Image k|a4{gsf nflu ljleGg pkfox? cjnDag ug]{ .
ª= k|ljlw;Fu cfj4 a}+lsË ;]jfx?sf] ljsf; / lj:tf/df hf]8 lbg] .
r= sd{rf/Lx?sf] 1fg, ;Lk / sfo{s'zntfdf a[l4 ug{sf nflu lgoldt Ifdtf clea[l4 ;DaGwL tflnd ;~rfng ug]{ .
5= a}+ssf] ;du| cj:yf, Joj;flos l:ylt, sd{rf/L ;+Vof Pj+ a}+lsË k4ltdf b]lvPsf kl/jt{gnfO{ Wofg lb+b} a}+ssf]
;f+u7lgs ;+/rgf tyf sfo{ k4ltnfO{ yk k|efjsf/L agfpg Organization & Management Survey ug]{ .
h= u}x| sf]lifo shf{ ;'ljwf lj:tf/ u/L Off Balance Sheet sf] cfsf/ a9fpg ljz]if pkfo cjnDjg ug]{ .
em= 6«]h/L km08sf] k|efjsf/L Joj:yfkg tyf kl/rfng u/L a}+ssf] gfkmf clej[l4df 6]jf k'¥ofpg ljleGg pkfox?
cjnDag ub}{ nlug] .
~f= cfGtl/s lgoGq0f k|0ffnL;Fu ;DalGwt ljleGg gLlt, lgb]{lzsf Pj+ sfo{ljlwx?sf] lgdf{0f÷;+zf]wg ub}{ ;+:yfut
;'zf;gnfO{ ;alns/0f ub}{ n}hfg] .
6= a}+lsË Joj;fodf k|ljlwsf] a9\bf] k|of]uaf6 l;h{gf x'g] hf]lvdnfO{ k|efjsf/L ?kn] Joj:yfkg ug{ ljleGg pkfox?
cjnDag ub}{ nfg] .
7= b]zsf ;a} lhNnfx?df Joj;flos ;DefJotfsf] cfwf/df a}+ssf] pkl:ylt /xg] u/L zfvf ;~hfn lj:tf/ ug]{
sfo{nfO{ k|fyldstf lbOg] .
8= u}x| Aofh cfDbfgLdf a[l4 ug{sf nflu ljleGg pkfox? ckgfOg] .
9= a}+ssf] gfddf /x]sf] a}+lsË ;DklQ Joj:yfkg ug]{ sfo{ k|efjsf/L agfpFb} n}hfg] .

^= sDkgLsf] cf}Bf]lus tyf Joj;flos ;DaGw M

a}+sn] cfkm";Fu ;Da4 ;a} ;/f]sf/jfnfx?;Fu Joj;flos / ;f}xfb{k"0f{ ;DaGw sfod ub}{ cfPsf] 5 . o;nfO{ lg/Gt/tf
lbO{ Joj;flos ;DaGw yk ;'b[9 kfg]{ ljZjf;sf ;fy sfd ul//x]sf 5f}+ .

&= ;~rfns ;ldltdf ePsf] x]/km]/ / To;sf] sf/0f M

o; a}+ssf] ;~rfns ;ldltdf xfn cWoIf / rf/ ;b:ox? /x]sf 5g\ . g]kfn ;/sf/, cy{ dGqfnosf] tkm{af6
;~rfns ;ldltdf k|ltlglwTj ug]{ >L xl/z/0f k'8f;}gLsf] :yfgdf pQm dGqfnos} ;x;lrj >L t'n;L/fd ;]9fO{+
dgf]gog eO{ cfpg'ePsf] ;fy} 8f= ;fljqL /l~ht >]i7 ;~rfns ;ldlt ;b:osf] l/Qm :yfgdf g]kfn ;/sf/ cy{
dGqfnoaf6 lgo'Qm eO{ cfpg' ePsf] 5 . o:t}, ;~rfns ;ldltdf l/Qm /x]sf] :jtGq ;~rfns kbdf >L bLk]Gb|
ljqmd yfkf lgo'Qm x'g' ePsf] hfgsf/L u/fpFb} ;~rfns ;ldltsf cGo ;b:ox? oyfjt /x]sf] hfgsf/L u/fpFb5f}+ .
;~rfns ;ldltdf /xL of]ubfg lbg'x'g] ;~rfns ;b:ox? >L xl/z/0f k'8f;}gL, 8f= pdfsfGt l;njfn / >L e/t
/fh j:tLnfO{ pxfFx?n] ;~rfns ;ldltdf /x]/ k'¥ofpg' ePsf] of]ubfgsf nflu xflb{s wGojfb lbg rfxG5f}+ .

*= sf/f]af/nfO{ c;/ kfg]{ d'Vo s'/fx? M

a}+ssf] sf/f]jf/nfO{ c;/ ug]{ d'Vo s'/fx? tn pNn]v ul/P cg';f/ /x]sf 5g\ M
s= b]zsf] cfly{s a[l4b/ tyf cfly{s k|0ffnLdf b]vfkg]{ c;/ .

10 ^) cf}+ jflif{s k|ltj]bg

 v= cfwf/ Aofhb/df x'g] a[l¢ / To;af6 kg]{ k|efj .
u= shf{sf] dfu cg'?k lgIf]k a[l4 x'g g;s]sf] cj:yfdf nufgL of]Uo /sddf x'g ;Sg] cefj .
3= a}+lsË If]qdf a9\bf] k|lt:kwf{sf sf/0f d'gfkmfdf kg{ ;Sg] rfk .
ª= pTkfbgd'ns, /f]huf/Ld'ns tyf lgof{td'vL If]qdf nufgL ug]{ /fHosf] gLlt .
r= lgdf{0f ;Fu ;DalGwt pBf]ux?df xfn b]lvPsf] lzlyntf .
5= sd{rf/Lsf] bIftf, Ifdtf / ;Lk clej[l4 ub}{ a}+ssf] Joj;fo a[l4df tfbfTDotf sfod ug]{ sfo{of]hgf .
h= ;"rgf k|ljlw tyf l8lh6fOh]zgsf] pkef]u a9];Fu} b]lvPsf hf]lvdx?sf] Joj:yfkg .
em= g]kfn ;/sf/ tyf g]kfn /fi6« a}+saf6 ul/g] gLltut ;'wf/af6 a}+lsË If]qdf x'g;Sg] c;/ .
~f= ;DklQ z'l4s/0f;Fu ;DalGwt /fli6«o tyf cGt/f{li6«o lgod, sfg"g / cEof;x?sf] kl/kfngf .

(= n]vfk/LIf0f k|ltj]bgdf s'g} s}lkmot pNn]v ePsf] eP ;f] pk/ ;~rfns ;ldltsf] k|ltls|of M
a+}ssf] n]vfk/LIf0f k|ltj]bgdf a}+ssf] cGt/ zfvf lx;fa ldnfgsf] cj:yf, ;/sf/L sf/f]af/sf] xsdf Confirmation
glnPsf], lx;fa ldnfg gePsf / klxrfg x'g g;]s]sf lx;fa, l:y/ ;DklQx?sf] ef}lts k/LIf0f / x|f;s§L nufotsf
s}lkmotx? pNn]v ul/Psf] 5 .
a}+ssf] cGt/ zfvf lx;fa /fkm;fkm (Inter Bank Reconciliation) ug{ sfo{ bn (Task Force) u7g u/L l5dNg] k|of;
hf/L /x]sf] hfgsf/L u/fpFb5f}+ . pQm lx;fa oyfl;3| /fkm;fkm ug{ / ;f] sf] hfgsf/L q}dfl;s ?kdf ;~rfns ;ldlt
;dIf k]z ug{ Joj:yfkgnfO{ lgb]{zg lbO;lsPsf] Joxf]/f ;d]t hfgsf/L u/fpFb5f}+ .
a}+sn] ;/sf/L sf/f]af/sf] zf]wegf{ g]kfn /fi6« a}+saf6 lgoldt ?kdf k|fKt ul//x]sf] Joxf]/f hfgsf/L u/fpFb} ljutdf
lx;fa ldnfg x'g afFsL /x]sf] /sd km5{of}6 ug{ dxfn]vf lgoGqssf] sfof{no / g]kfn /fi6« a}+s;Fu ;dGjo u/L
;f]wegf{ x'g afFsL /sdnfO{ lglZrt ;Ldfleq NofOg] Joxf]/f ;d]t hfgsf/L u/fpFb5f}+ .
lx;fa ldnfg gePsf / klxrfg x'g g;s]sf lx;fa ldnfg ug]{ tkm{ cfjZos k|s[of cufl8 a9fOg] k|ltj4tf JoQm
ub{5f}+ .
l:y/ ;DklQx?sf] ef}lts k/LIf0fsf ;DaGwdf g]=a}+=ln= sfo{ ;~rfng lgb]{lzsf / n]vf lgb]{lzsfdf ePsf] Joj:yf
adf]lhd Dofg'on k4ltdf k/LIf0f u/L clen]v /fVb} cfOPsf]df xfn ;f] sf] nflu Assets Management Software
sfof{Gjogdf NofO{ Barcode k4ltaf6 ;DklQsf] Tagging / clen]v /fVg] Joj:yf eO/x]sf] hfgsf/L u/fpFb5f}+ . ;fy},
cfufdL cfly{s jif{df x|f; s§L NAS 16 df Joj:yf eP adf]lhd sfof{Gjog ul/g] Joxf]/f ;d]t hfgsf/L u/fpFb5f}+ .
dfly plNnlvt afx]s n]vfk/LIf0f k|ltj]bgdf b]lvPsf a}+ssf] lgoldt sf/f]af/;Fu ;DalGwt cGo s}lkmotx?sf
;DaGwdf ;d]t ;~rfns ;ldltsf] Wofgfsif{0f ePsf] 5 . n]vfk/LIfsaf6 k|fKt ;'emfj / k|ltlqmof adf]lhd s}lkmot
;'wf/sf nflu Joj:yfkgnfO{ cfjZos lgb]{zg lbO;s]sf 5f}+ .

!)= cfGtl/s lgoGq0f k|0ffnL eP jf gePsf] / ePsf] eP To;sf] lj:t[t ljj/0f M

a+}sn] a}lsË sf/f]jf/sf qmddf cfpg ;Sg] ljleGg k|sf/sf hf]lvdx?sf] lgoGq0fsf nflu cfGtl/s lgoGq0f k|0ffnLnfO{
yk dha't agfpFb} n}hfg] gLlt lnPsf] 5 . k|rlnt sfg"g tyf s]Gb|Lo a}+ssf] gLlt, lgb]{zgsf] kl/lwleq /xL a}lsË
sf/f]af/ ;~rfng ug{sf nflu ;a} If]qdf cfjZos gLlt, lgod tyf lgb]{lzsfx? agfO{ sfof{Gjogdf n}hfg] qmddf
tyf ljBdfg gLlt, lgod tyf lgb]{lzsfx?sf] ;alns/0f ub}{ nluPsf] 5 .
a}+ssf ljleGg zfvf tyf sfof{nox?n] ul//x]sf] sfd sf/jfxLsf qmddf a}+ssf] gLlt, lgod tyf lgb]{lzsf cg';f/
eP÷gePsf] olsg ug{] lhDd]jf/L lg/LIf0f tyf cfGtl/s n]vfk/LIf0f ljefusf] /x]sf] 5 . n]vfk/LIf0f ;ldltsf] dftxt
/xg] o; ljefun] a}+ssf] x/]s zfvfsf] slDtdf klg jif{sf] Ps k6s cfGtl/s n]vfk/LIf0f ug]{ gLlt lnPsf] 5 .

^) cf}+ jflif{s k|ltj]bg 11

!!=a}+lsË ;~hfn lj:tf/ M
a}+sn] k|wfg sfof{no, ;ft} k|b]zdf k|fb]lzs sfof{no ;lxt xfn ^# j6f lhNnfsf !&% zfvf sfof{no, @% j6f
PS;6]G;g sfpG6/ tyf !!# j6f ATM dfkm{t a}+lsË ;]jf pknAw u/fpFb} cfPsf] 5 . cfly{s jif{ @)&%÷&^ df @$
zfvf lj:tf/ ul/Psf]df rfn' cfly{s jif{df @% gofF zfvf lj:tf/ tyf % zfvf k'gM :yfkgf ug]{ a}+ssf] of]hgf /x]sf]df
@)&^ sflt{s d;fGt;Dd !@ j6f zfvf ;~rfngdf cfO;s]sf] Joxf]/f hfgsf/L u/fpFb5f}+ . b]zsf ;a} lhNnfx?df
Joj;flos ;DefJotfsf] cfwf/df a}+ssf] pkl:ylt /xg] u/L gofF :yfkgf / ljutdf a}+ssf zfvf /x]sf :yfgx?df
zfvf k'gM :yfkgf ug]{ sfo{ ;Fu;Fu} cl3 a9fOg] 5 . o:t}, u|fxssf] cfjZostfsf] cfwf/df PS;6]G;g sfpG6/, ATM
tyf POS ;]jf lj:tf/ ub}{ nlug]5 .

!@= ;"rgf k|ljlw M

;"rgf k|ljlwnfO{ k|efjsf/L agfO{ k|ljlwdf cfwfl/t cfw'lgs ;]jf ;'ljwf k|bfg ug{ a}+s k|lta4 /x]sf] / ;f] qmddf
a}+sn] Mobile Banking, e-banking, Chip Based VISA Card, POS, VISA Travel Card, QR Code dfkm{t Merchant
Payment nufotsf ;]jfx? k|bfg ul//x]sf] 5 . System Security sf nflu Security Incident and Event Management
S

(SIEM) Solution nfu" ul/;lsPsf] 5 . a}+ssf] sf8{ ;]jfnfO{ k|efjsf/L agfpFb} n}hfgsf nflu VISA Contactless
sf8{sf] z'?jft clGtd r/0fdf k'u]sf] 5 . a}+ssf] Website nfO{ u|fxs d}qL agfpg] l;nl;nfdf Live Chatbot System
lgs6 eljiodf nfu" ug]{ a}+ssf] of]hgf /x]sf] 5 . ;fy}, xfn k|of]udf NofO/x]sf] Pumori IV CBS Software sf sdL
sdhf]/LnfO{ ;Daf]wg ug{ ;Sg] a}+ssf] at{dfg / efjL Aoj;fo;Fu ;fdGh:o x'g] vfnsf] k|efjsf/L, ;'/lIft Pjd j[xt
bfo/fo'Qm gofF Web Based Core Banking Solution vl/bsf] sfo{ cufl8 a9fOg] 5 . ;"rgf k|ljlw;Fu ;DjlGwt
hf]lvd cfpg glbg, cfpg ;Sg] ;Defljt hf]lvd Go'lgs/0fsf nflu a}+sn] laz]if ;hutf ckgfp+Fb} cfPsf] 5 /
hf]lvd Go'lgs/0f;Fu ;DjlGwt pks/0fx? yk Joj:yf ub}{ nlug] 5 .

!#= u|fxs ;DaGw ;'wf/ M

u|fxsx?;Fu ;'dw'/ ;DaGw sfod /fVb} a}saf6 k|bfg ul/g] ;a} k|sf/sf ;]jfx?nfO{ k|lt:kwL{ / u'0f:t/Lo agfpFb}
l56f], 5l/tf] a}+lsË ;]jf k|bfg ug{ a}+s ;b}j sl6a4 /x]sf] 5 . a}+sn] ;a} zfvfx?df /x]sf] u|fxs ;]jf sIfnfO{ yk
cfsif{s / u|fxsd}qL agfpFb} NofPsf], sd{rf/Lx?nfO{ u|fxsd}qL tflnd k|bfg ug]{ ul/Psf], k|ljlwdf cfwfl/t u|fxs
;]jfdf hf]8 lbg yflnPsf] / cnUu} gunaso@nepalbank.com.np Od]n dfkm{t u|fxsx?sf] u'gf;f] tyf ;d:of ;dfwfg
ug{] ul/Psf] 5 . ljut aif{b]lv u|fxssf] rfk a9L x'g] zfvfx?df xfn;Dd *) j6f Queue Management System
h8fg u/L ;/n / ;xh 9+un] u|fxs ;]jfnfO{ Jojl:yt ul/Psf] / u|fxsx?sf] cfjt hfjt a9L x'g] zfvfx?df yk
Queue Management System lj:tf/ ub}{ nlug] 5 .

!$=g]kfn ;/sf/sf] gLlt;Fu tfbtDo M

o; a}+ssf ljleGg zfvfx?n] ;/sf/L sf/f]af/, /fhZj ;+sng, ;fdflhs ;'/Iff eQf ljt/0f, e"sDk kLl8t hgtfnfO{
cg'bfg ljt/0f nufotsf sfo{x? ub}{ cfO/x]sf 5g\ . s[lif tyf kz'kG5LhGo If]qsf] Joj;fo k|a4{g ug{, lzlIft
a]/f]huf/ o'jfx?nfO{ d'n'sleq /f]huf/Lsf cj;/x? l;h{gf ug{, ljb]zaf6 kms]{sf o'jfx?nfO{ :j/f]huf/ agfpg,
dlxnf pBdzLntfsf] ljsf; ug{, blnt ;d'bfosf] k/Dk/fut ;Lk / k]zfnfO{ cfw'lgsLs/0f ub}{ pBdzLntf ljsf;
ug{, cfly{s ?kdf ljkGg, ;LdfGts[t ;d'bfo tyf nlIft ju{sf ljBfyL{x?nfO{ pRr / k|fljlws tyf Joj;flos lzIff
cWoogsf] nflu z}lIfs C0f pknAw u/fpg, n3' aLdf lk|ldoddf cg'bfg lbg tyf e'sDk kLl8tx?sf] lghL cfjf;
lgdf{0f ug{sf nflu g]kfn ;/sf/af6 hf/L ePsf] ;x'lnotk"0f{ shf{sf nflu Aofh cg'bfg ;DaGwL PsLs[t sfo{ljlw,
@)&% adf]lhd a}+sn] pQm If]qx?df C0f k|jfx ul//x]sf] 5 .
o:t}, ;+3Lo ;/sf/sf] Ps jif{leq ;a} g]kfnLsf] a}+sdf vftf vf]Ng] cleofgdf a}+sn] ;ls|o ?kdf ;xeflutf hgfpg]
qmddf ;d[4 g]kfn cleofg art vftf z'?jft u/L ljutdf s'g} klg a}+sdf vftf gePsf g]kfnL hgtfn] o; a}+sdf
vftf vf]n]df a}+ssf] tkm{af6 ?=!))÷– hDdf ul/lbg] Joj:yf ul/Psf] 5 . o; Joj:yf cg';f/ @)&^ cfiff9
d;fGt;Dd @%,%!$ j6f u|fxssf] vftf vf]ln;lsPsf] 5 .

12 ^) cf}+ jflif{s k|ltj]bg

!%= shf{ nufgL tyf Joj:yfkg M
shf{ nufgL a}+ssf] k|d'v Joj;flos sfo{ ePsf]n] o; a}+sn] shf{sf] u'0f:t/ sfod x'g] u/L laz]if ;ts{tf ckgfO{
g]kfn /fi6« a}+ssf] gLlt lgb]{zgsf] l;dfleq /x]/ pTkfbglzn If]q shf{, hnlaB't shf{, s[lif shf{, ljkGg au{ shf{,
;x'lnotk"0f{ shf{ / pkef]Qmf shf{x? k|jfx / lj:tf/ ub}{ cfPsf] 5 . @)&^ cfiff9 d;fGt;Dd a}+sn] cfkm\gf] s'n
shf{sf] !!=!! k|ltzt hnljB't If]q, $=(@ k|ltzt ko{6g If]q, !)=)! k|ltzt s[lif If]q tyf (=$* k|ltzt ljkGg
au{ If]q cGtu{t nufgL u/]sf] hfgsf/L u/fpFb5f}+ .
shf{ k|jfx ubf{ a}+sdf nfu" ePsf Credit Policy Guidelines, Operation Manual Part II(Credit), Valuation
Guidelines, ;x'lntk"0f{ shf{ ;DaGwL lgb]{lzsf, Pj+ g]kfn /fi6« a}+saf6 hf/L ePsf lgb]{zgx? sfof{Gjog u/L dfq
k|jfx / cg'udg ug]{ ul/Psf] 5 .

!^= hf]lvd Joj:yfkg M

a}+lsË Joj;fo hf]lvdo'Qm Joj;fo ePsf]n] shf{ sf/f]af/, ahf/ tyf ;~rfngdf cfpg;Sg] hf]lvdsf] Go'gLs/0fsf
nflu g]kfn /fi6« a}+ssf] lgb]{zg adf]lhd ;~rfns ;b:o ;+of]hs / hf]lvd Joj:yfkg ljefusf ljefuLo k|d'v
;b:o ;lrj /xg] u/L hf]lvd Joj:yfkg ;ldlt /x]sf] 5 . pQm ;ldltn] ljBdfg ahf/sf] j:t'l:yltsf] cfwf/df
a}+ssf] hf]lvdsf] cj:yfsf] cWoog tyf d"NofÍg u/L cfjZos ;'emfj ;lxt ;~rfns ;ldltdf k|ltj]bg k]z ug]{
ub{5 . hf]lvd Joj:yfkgnfO{ yk k|efjsf/L agfpg g]kfn /fi6« a}+ssf] lgb]{zg / /fli6«o tyf cGt/f{li6«o cEof;
cg'?k x'g] u/L PsLs[t hf]lvd Joj:yfkg gLlt, @)!( :jLs[t u/L sfof{Gjogdf NofOPsf] 5 . a}+sn] Financial
Sector Stability Programme (FSSP) cGtu{t Pricewaterhouse Coopers Private Limited (PWC India) sf] ;xof]udf
a}+lsË hf]lvd / ICAAP ;Fu ;DalGwt km|]djs{÷gLlt÷lgb]{lzsfdf cfjZos ;'wf/ / kl/dfh{g ug]{ sfo{ ul//x]sf] 5 .

!&= ;DklQ z'l¢s/0f lgjf/0f M

g]kfn /fi6« a}+ssf] Plss[t lgb]{zg @)&^ cg';f/ ;~rfns ;ldltn] ;~rfns ;b:osf] ;+of]hsTjdf ;DklQ
z'l4s/0f lgjf/0f -dlg nfpG8l/Ë_ lgjf/0f P]g, @)^$ df Joj:yf eP adf]lhd lgo'Qm ePsf] sfof{Gjog clwsf/L
;b:o ;lrj /xg] ;DklQ z'l¢s/0f lgjf/0f ;DaGwL ;ldlt u7g u/]sf] 5 . pQm ;ldltn] a}+ssf] ;du| cg'kfngfsf]
ljZn]if0f ug]{, a}+sdf /x]sf ;Dk"0f{ u|fxsx?sf] ;"rgf cBfjlws ug]{, sf/f]af/sf qmddf b]lvPsf cg'kfngf;Fu
;DalGwt sdL sdhf]/Lx?sf] lgoldt cg'udg ug'{sf ;fy} AML/CFT cg'kfngfdf ;DaGwL k|ltj]bg ;~rfns
;ldlt ;dIf k]z ug]{ ub{5 .
;DklQ z'l4s/0fnfO{ yk k|efjsf/L agfpg g]kfn /fi6« a}+ssf] lgb]{zg, k|rlnt /fli6«o tyf cGt/f{li6«o k|fjwfg cg'?k
;dofg's"n agfpgsf nflu NBL AML/CFT/KYC Policy, 2019 / NBL AML/CFT/KYC Procedure, 2019 :jLs[t
u/L sfof{Gjogdf NofOPsf] 5 .

!*= dfgj ;+zfwg M

a}+sdf ljleGg tx÷kbdf @)&^ cfiff9 d;fGtdf s'n @#!& sd{rf/Lx? sfo{/t /x]sf] h; dWo] #% k|ltzt dlxnf /
^% k|ltzt k'?if sd{rf/Lx? /x]sf 5g\ . a}+sdf cfjZos ;'/Ifs / ;/;kmfO{ ;DaGwL sfo{ cfp6;f]l;{Ëaf6 ug]{ gLlt
cg'?k ;f]xL adf]lhd ug{ cf/De ul/;lsPsf] 5 . Joj;flos ;DefJotfsf] cfwf/df :yfkgf / k'gM :yfkgf ul/g]
zfvfsf] sd{rf/L cfjZostf, cjsfzsf sf/0faf6 l/Qm x'g] sd{rf/L ;+Vof / Joj;fo lj:tf/sf nflu cfjZos
hgzlQm egf{ ug{ k|To]s jif{ kbk"lt{ of]hgf tof/ u/L sfof{Gjog ug]{ ul/Psf] 5 .
a}+snfO{ k|lt:kwL{ agfO{ ;]jf k|jfxsf] u'0f:t/df clea[l¢ ub}{ a}+ssf] Joj;fo lj:tf/ / k|ultdf dfgj ;+zfwgsf]
dxTjk"0f{ e"ldsf /xg] tYonfO{ dWogh/ ub}{ bIf tyf k|fljlws?kdf ;Ifd (Technology Friendly) dfgj ;+zfwg
tof/ ug{' cTofjZos ePsf]n] sd{rf/Lx¿sf] Ifdtf ljsf;sf] nflu pko'Qm jftfj/0f ;[hgf u/L pgLx¿sf] OdfGbf/L,
bIftf, l;h{glzntfnfO{ k|a4{g ug{ a}+s k|oTgzLn 5 . oxL cg'?k sd{rf/Lx?sf] sfo{ s'zntf tyf Joj:yfklso ;Lk

^) cf}+ jflif{s k|ltj]bg 13

 clej[l4 ug{ ;do ;dodf :jb]zL tyf ljb]zL tflnd lbFb} cfOPsf] 5 . cfly{s jif{ @)&%÷&^ df sd{rf/Lx?nfO{
ljleGg :jb]zL tflndsf] cnfjf !$ j6f ljb]zL tflnddf && hgf sd{rf/Lx?nfO{ ;xefuL u/fOPsf] 5 .
o; a}+ssf] ;f+u7lgs ;+/rgfdf ;do ;fk]If ;'wf/ ub}{ ;+u7gnfO{ ;'b[9, ;Ifd / r':t agfpg cfjZos kg]{ gLlt,
/0fgLlt, of]hgf th'{df ug{, sd{rf/Lx?df ePsf] ;Lk Pj+ 1fgsf] :t/a[l4 ub}{ pTkfbsTj a[l4 ug{ tyf u|fxsx?nfO{
k|bfg ul/g] ;]jfsf] u'0f:t/ clea[l4 ug{ rfNg'kg]{ sbd nufotsf ljifox?df ;+u7g tyf Joj:yfkg ;j]{If0f (O &
M Survey) ug{sf lgldQ Ps ;ldlt u7g ul/Psf] ;fy}, o; ;e]{If0faf6 k|fKt /fo tyf ;'emfj adf]lhd sd{rf/L
egf{, ;?jf, j[lQljsf;, pQ/flwsf/L ljsf; tyf cjsfz gLlt lgdf{0f u/L ;du| ;+u7gsf] pTkfbsTj a9fpg tkm{
ljz]if Wofg lbg]5f}+ .

!(= ;+:yfut ;fdflhs pQ/bfloTj M

;+:yfut ;fdflhs pQ/bfloTj cGtu{t d'gfkmfsf] Ps k|ltzt /sd vr{ ug'{kg]{ Joj:yfsf] k|efjsf/L kfngfsf nflu
a+}sn] ;+:yfut ;fdflhs pQ/bfloTj ;DaGwL gLlt lgdf{0f u/L sfof{Gjogdf NofPsf] 5 . a}+sn] cfly{s jif{
@)&%÷&^ df ;+:yfut ;fdflhs pQ/bfloTj cGtu{t lzIff If]qdf ?= %* nfv !) xhf/, :jf:Yo tyf ;/;kmfOsf]
If]qdf ?=@ nfv &# xhf/, ljQLo ;fIf/tfsf] If]qdf ?=@! nfv %) xhf/, ;f+:s[lts ;Dkbfsf] If]qdf ?=% nfv $!
xhf/ / dlxnf ;zlQms/0f tyf ;Lk ljsf;sf] If]qdf ?=&% xhf/ k|bfg u/]sf] 5 . cfufdL lbgx?df g]kfn /fi6«
a}+ssf] lgb]{zgsf] ;Ldfleq /xL k|fb]lzs cfwf/df sfo{of]hgf tof/ u/L ;+:yfut ;fdflhs pQ/bfloTj axg ug]{ tkm{
cfjZos k|s[of cufl8 a9fOg] 5 .

@)= ;+:yfut ;'zf;g tyf cg'kfngf M

a}+sdf ;+:yfut ;'zf;g sfod /fVg ;~rfns ;ldlt / a}+s Joj:yfkg k|lta4 /x]sf] 5 . a}+sn] ;+:yfut ;'zf;g
;DaGwL s]Gb|Lo a}+saf6 hf/L ul/Psf dfu{bz{gx¿sf] k"0f{ kl/kfngf ul/cfPsf] 5 . ;~rfns ;ldlt sfo{ ;~rfng
sfo{ljlw tyf ;~rfns ;ldlt cfrf/;+lxtf hf/L ul/Psf] 5 . ;~rfns ;ldltsf ;b:ox? tyf sd{rf/Lx?n] g]kfn
/fi6« a}+saf6 tf]lsPsf] cfr/0f ;DaGwL Joj:yfx¿sf] k"0f{ kl/kfngf u/]sf 5g\ . a}+sdf sfo{/t sd{rf/Lx?n]
cg'zf;g pNn‹g u/]sf] kfOPdf sd{rf/L ;]jf ljlgodfjnL cGtu{t /xL sf/afxL ug]{ ul/Psf] 5 .
g]kfn /fi6« a}+ssf] lgb]{zg adf]lhd u7g ul/Psf] ;'zf;g OsfO{n] ;+:yfut ;'zf;gsf] If]qdf a}+sdf eP u/]sf sfd
sf/afxLx?sf] dfl;s ?kdf cg'udg ug]{ tyf a}+ssf] ;]jf k|jfxsf qmddf ;]jfu|fxLx?af6 k|fKt u'gf;f]sf]] ;'g'jfO{ ug]{
nufotsf sfo{x? ul//x]sf] 5 .
lj:tfl/t a}+lsË Joj;fo / cfly{s ultljlwx?sf] cfwf/df cfGtl/s lgoGq0f k|0ffnL nufot cGo kIfx?sf]
sfof{GjognfO{ ;do ;fk]If 9+un] ;'b[9 agfpFb} nluPsf] 5 . a}+ssf] cfGtl/s sfo{ Joj:yfnfO{ Jojl:yt ug{, ;+:yfut
;'zf;g sfod ug{ / lgoGq0f k|0ffnLnfO{ k|efjsf/L agfpg'sf ;fy} lg0f{o k|s[ofdf Joj;flos, ;xeflutfd'ns,
kf/bzL{ Pj+ glthfd'vL agfpg ;~rfns ;ldltsf] dftxt b]xfo adf]lhd ;ldlt u7g u/L sfo{ Jojl:yt ul/Psf]
5.
-!_ n]vfk/LIf0f ;ldlt
>L u+uf k|;fb 1jfnL, ;~rfns ;+of]hs
ljefuLo k|d'v, lg/LIf0f tyf cf=n]=k= ljefu ;b:o ;lrj
-@_ sd{rf/L ;]jf ;'ljwf ;ldlt
>L bLk]Gb| ljqmd yfkf, ;~rfns ;+of]hs
k|d'v sfo{sf/L clws[t ;b:o
ljefuLo k|d'v s]Gb|Lo n]vf ljefu ;b:o
ljefuLo k|d'v, dfgj>f]t Joj:yfkg ljefu ;b:o ;lrj
-#_ hf]lvd Joj:yfkg ;ldlt
8f= ;fljqL /l~ht >]i7, ;~rfns ;+of]hs
14 ^) cf}+ jflif{s k|ltj]bg
 >L u+uf k|;fb 1jfnL, ;~rfns kb]g ;b:o
ljefuLo k|d'v, ck/]zg ljefu ;b:o
ljefuLo k|d'v, hf]lvd Joj:yfkg ljefu ;b:o ;lrj

-$_ ;DklQ z'4Ls/0f lgjf/0f ;DaGwL ;ldlt

>L t'N;L/fd ;]9fO{+, ;~rfns ;+of]hs
ljefuLo k|d'v, hf]lvd Joj:yfkg ljefu ;b:o
sfof{Gjog clwsf/L ;b:o ;lrj

@!= ut jif{ ;fwf/0f ;efsf] ;'emfj sfof{Gjog M

ut jif{sf] %( cf}+ jflif{s ;fwf/0f ;efdf ;xefuL z]o/wgL dxfg'efjx?n] a}+snfO{ cem a9L k|lt:kwL{ agfpgsf
nflu lbg' ePsf ljleGg ;Nnfx, ;'emfjx?nfO{ qmdzM sfof{Gjog ub}{ nlug] k|ltj4tf JoQm ub{5f}+ . o;} l;nl;nfdf
a}+ssf] k|zf;lgs vr{ sd ug{ ljleGg pkfox? cjnDag ug]{ tkm{ lg/Gt/ nflu/x]sf] hfgsf/L u/fpFb5f}+ . a}+sdf
sfo{/t sd{rf/Lx?sf] sfo{ Ifdtf tyf ;Lk ljsf; clea[l4 ub}{ k|lt sd{rf/L pTkfbsTj a9fpg] lbzfdf laz]if Wofg
lbFb} ljleGg :jb]zL tyf ljb]zL tflnddf sd{rf/Lx?nfO{ ;xefuL u/fOPsf] Joxf]/f hfgsf/L u/fpg rfxG5f}+ .
a}+ssf] nufgL ljljlws/0f ub}{ cfDbfgL a[l4 ug]{ tkm{ ;~rfns ;ldlt / a}+s Joj:yfkgn] sfo{ ul//x]sf] ljZjf; o;
;ef ;dIf lbnfpg rfxG5f}+ . ut cfly{s jif{sf] t'ngfdf o; cfly{s jif{df Aofh cfDbfgL hDDff !@=$@ k|ltztn]
a[l4 ePsf]df Aofh vr{ eg] $&=#! k|ltztn] a9]sf] sf/0f v'b Jofh cfDbfgLdf #=!) k|ltztn] x|f; cfPsf]
hfgsf/L u/fpFb} ljBdfg lgodgsf] clwgdf /xL a}+ssf] cfDbfgL a[l4 ug]{ tkm{ ;b}j tTk/ /xg] k|ltj4tf JoQm
ub{5f}+ .
;fwf/0f ;ef lgwf{l/t ;doleq ;DkGg ug{ z]o/wgL dxfg'efjx?n] lbg'ePsf] ;'emfj cg'?k o; aif{sf] jflif{s
;fwf/0f ;ef ;dodf g} ug{ ;kmn ePsf 5f}+ . cfufdL lbgdf n]vfk/LIf0f k|ltj]bg oyf;So rfF8f] tof/ u/L
;fwf/0f ;ef cem cufl8 ug{ x/ ;Dej k|of; ul/g] ljZjf; lbnfpg rfxG5f}+ .

@@= Joj:yfkgdf ePsf] x]/km]/ M

ldlt @)&% r}q !@ ut]af6 sfod d'sfod k|d'v sfo{sf/L clws[tsf] lhDd]jf/Ldf /xg'ePsf >L s[i0faxfb'/
clwsf/Ln] v'nf k|lt:kwf{af6 5gf]6 eO{ ldlt @)&^ cflZjg !% ut]af6 k|d'v sfo{sf/L clws[t kbsf] sfo{ef/
;DxfNg' ePsf] 5 . ;f] sf/0faf6 l/Qm x'g uPsf] gfoa k|d'v sfo{sf/L clws[tsf] kbsf] lhDd]jf/L ;xfos k|d'v
sfo{sf/L clws[t >L ;dtf kGtnfO{ k|bfg ul/Psf] 5 .

@#= n]vfk/LIfssf] lgo'lQm M

g]kfn ;/sf/sf] %! k|ltzt z]o/ :jfldTj /x]sf] x'gfn] dxfn]vf k/LIfssf] sfof{nosf] k/fdz{ lng' kg]{ k|fjwfg /x]
cg'?k pQm sfof{no;Fu n]vfk/LIfs lgo'lQmsf nflu k/fdz{ dfu ubf{ ;f] sfof{nosf] ldlt @)&^÷(÷& sf] kq
adf]lhd tLghgf l;=P= >L d'/nLw/ ltjf/L, >L o'4/fh jnL / >L 1fg]Gb| ;'j]bLnfO{ n]vfk/LIfs lgo'lQm ug{ k/fdz{
k|fKt ePsf] x'Fbf ;~rfns ;ldltsf]] lg0f{o adf]lhd cf=j= @)&^÷&& sf] n]vfk/LIf0f ug{ ;dfg kfl/>lds kfpg] u/L
k|To]snfO{ ?=^,@%,)))÷– -Eof6 afx]s_ sf b/n] tLg hgfsf] hDdf ?=!*,&%,)))÷– -Eof6 afx]s_ e'QmfgL lbg] u/L
lgo'lQm ug{ ;ef ;dIf k|:tfj ul/Psf] 5 .

wGojfb 1fkg
cGTodf, g]kfn a}+s lnld6]8 k|lt ljZjf; /fVg' x'g] cfb/0fLo z]o/wgL dxfg'efjx?, u|fxs dxfg'efjx?, a}+ssf] lxt
tyf k|ultsf] nflu dfu{ lgb]{zg lbg] g]kfn ;/sf/, cy{ dGqfno, g]kfn /fi6« a}+s, sDkgL /lhi6«f/sf] sfof{no,
dxfn]vfkl/Ifssf] sfof{no, g]kfn lwtf]kq af]8{, g]kfn lwtf]kq ljlgdo ahf/ lnld6]8 nufotsf cGo ;Dk"0f{
lgodgsf/L lgsfox?, a}+ssf 6«]8 o'lgogx?, a}+ssf] ljsf;df cgj/t kl/>d ug]{ a}+ssf ;Dk"0f{ sd{rf/Lx?, ;~rf/

^) cf}+ jflif{s k|ltj]bg 15

 hut / k|ToIf jf k/f]If ?kdf g]kfn a}+s;Fu lxt ufFl;Psf ;+3 ;+:yf tyf ;/f]sf/jfnfx?nfO{ xflb{s wGojfb 1fkg
ub{5f}+ . cfufdL lbgx?df klg oxfFx¿jf6 cd"No ;'emfj, ;xof]u / ;fy kfpg] ck]Iff /fVb} cem a9L k|efjsf/L,
u'0f:t/Lo, cfw'lgs k|ljlwd}qL tyf ljZj;gLo a}+lsË ;]jf k|bfg ub}{ hfg] k|lta4tf JoQm ub{5' .

wGojfb .
;~rfns ;ldltsf] tkm{af6,
Jff;'b]j clwsf/L
cWoIf
ldltM @)&^ ;fn kf}if @% ut]

16 ^) cf}+ jflif{s k|ltj]bg

 sDkgL P]g, @)^# sf] bkmf !)( cg';f/sf] cltl/Qm ljj/0f

!= ljut aif{sf] sf/f]jf/sf] l;+xfjnf]sg M

;~rfns ;ldltsf] k|ltj]bgdf pNn]v ul/Psf] .

@= /fli6«o tyf cGt/f{li6«o kl/l:yltaf6 sDkgLsf] sf/f]af/nfO{ s'g} c;/ k/]sf] eP ;f] c;/ M
;~rfns ;ldltsf] k|ltj]bgdf pNn]v ul/Psf] .

#= k|ltj]bg tof/ ePsf] ldlt;Dd rfn" jif{sf] pknAwL / eljiodf ug'{ kg]{ s'/fsf] ;DaGwdf ;~rfns ;ldltsf] wf/0ff M
rfn' cfly{s jif{ @)&^÷&& sf] k|yd qodf;df xfl;n pknAwLx? / a}+ssf] efjL of]hgfx? ;~rfns ;ldltsf]
k|ltj]bgdf pNn]v ul/Psf] .

$= sDkgLsf] cf}Bf]lus jf Joj;flos ;DaGw M

;~rfns ;ldltsf] k|ltj]bgdf pNn]v ul/Psf] .

%= ;~rfns ;ldltdf ePsf] x]/km]/ / ;f]sf] sf/0f M

;~rfns ;ldltsf] k|ltj]bgdf pNn]v ul/Psf] .

^= sf/f]af/nfO{ c;/ kfg]{ d'Vo s'/fx? M

;~rfns ;ldltsf] k|ltj]bgdf pNn]v ul/Psf] .

&= n]vfk/LIf0f k|lta]bgdf s'g} s}lkmot pNn]v eP ;f] pk/ ;~rfns ;ldltsf] k|lts[of M
;~rfns ;ldltsf] k|ltj]bgdf pNn]v ul/Psf] .

*= nfef+z afF8kmfF8 ug{ l;kmfl/z ul/Psf] /sd M

cfly{s jif{ @)&%÷&^ sf] ljQLo ljj/0fsf cfwf/df r'Qmf k"FhLsf] !) k|ltztn] x'g] ?=(*,!!,!$,*))÷– -cIf]?kL
cG7fgAa] s/f]8 P3f/ nfv rf}w xhf/ cf7 ;o_ gub nfef+z -nfef+z s/ ;d]t_ / !% k|ltztn] x'g]
?=!,$&,!^,&@,@))÷– -cIf]?kL Ps ca{ ;Trfln; s/f]8 ;f]x| nfv axQ/ xhf/ b'O{ ;o_ af]gz z]o/ ljt/0f ug{
k|:tfj ul/Psf] .

(= z]o/ hkmt ePsf] eP hkmt ePsf] z]o/ ;+Vof, To:tf] z]o/sf] c+lst d"No, To:tf] z]o/ hkmt x'g'eGbf cufj} ;f]
afkt sDkgLn] k|fKt u/]sf] hDdf /sd / To:tf] z]o/ hkmt ePkl5 ;f] z]o / ljs|L u/L sDkgLn] k|fKt u/]sf] /sd
tyf hkmt ePsf] z]o/ jfkt /sd lkmtf{ u/]sf] eP ;f]sf] ljj/0f M
gePsf] .

!)= ut cfly{s aif{df sDkgL / o;sf] ;xfos sDkgLsf] sf/f]af/sf] k|ult / ;f] cfly{s aif{sf] cGtdf /x]sf] l:yltsf]
k'g/fjnf]sg M
a}+ssf] ;xfos sDkgL gePsf] .

!!= sDkgL tyf To;sf] ;xfos sDkgLn] cfly{s aif{df ;DkGg u/]sf] k|d'v sf/f]af/x? / ;f] cjlwdf sDkgLsf] sf/f]af/df
cfPsf] s'g} dxTjk"0f{ kl/jt{g M
a}+sn] cfly{s jif{df ;DkGg u/]sf] k|d'v sf/f]af/ / sf/f]af/df cfPsf] kl/jt{g ;+nUg jf;nft, gfkmf gf]S;fg lx;fa,
cGo lj:t[t cfDbfgL, gub k|jfx ljj/0f tyf n]vf ;DaGwL ljj/0fn] kf/]sf] 5 .

^) cf}+ jflif{s k|ltj]bg 17

!@= ut cfly{s jif{df sDkgLsf] cfwf/e"t z]o/wgLn] sDkgLnfO{ pknAw u/fPsf] hfgsf/L M
gePsf] .

!#= ut cfly{s jif{df sDkgLsf ;~rfns tyf kbflwsf/Lx?n] lnPsf] z]o/sf] :jfldTjsf] ljj/0f / sDkgLsf] z]o/
sf/f]af/df lghx? ;+nUg /x]sf] eP ;f] ;DaGwdf lghx?af6 sDkgLn] k|fKt u/]sf] hfgsf/L M
s]xL hfgsf/L k|fKt gePsf] .

!$= ut cfly{s aif{df sDkgL;Fu ;DalGwt ;Demf}tfx?df s'g} ;~rfns jf lghsf] glhssf] gft]bf/x?sf] JolQmut
:jfy{sf] af/]df pknAw u/fOPsf] hfgsf/Lsf] Joxf]/f M
o; k|sf/sf] s'g} ;Demf}tf gePsf] .

!%= sDkgLn] cfkm\gf] z]o/ cfkm}+n] v/Lb u/]sf] eP To;/L cfkm\gf] z]o/ v/Lb ug'{sf] sf/0f, To:tf] z]o/sf] ;+Vof / c+lst
d'No tyf To;/L z]o/ vl/b u/]jfkt sDkgLn] e'QmfgL u/sf] /sd M
s]xL gePsf] .

!^= ut cfly{s aif{sf] s'n Joj:yfkg vr{sf] ljj/0f M

ut cfly{s aif{sf] s'n Joj:yfkg vr{sf] ljj/0f b]xfo adf]lhd /x]sf] 5 M
sd{rf/L vr{ ?= @,)&,&#,(*,@&#÷–
;~rfng vr{ ?= ^&,@!,^^,&@*÷–
hDdf ?= @,&$,(%,^%,))@÷–

!&= n]vfk/LIf0f ;ldltsf ;b:ox?sf] gfdfjnL, lghx?n] k|fKt u/]sf] kfl/>lds, eQf tyf ;'ljwf, ;f] ;ldltn] u/]sf]
sfd sf/jfxLsf] ljj/0f / ;f] ;ldltn] s'g} ;'emfj lbPsf] eP ;f] sf] ljj/0f M
cfly{s jif{ @)&%÷&^ sf] cGTodf a}+ssf] n]vfk/LIf0f ;ldltdf /xg'ePsf ;b:ox?sf] gfdfjnL M
;~rfns 8f= pdfsfGt l;njfn ;+of]hs
;~rfns >L u+uf k|;fb 1jfnL ;b:o
k|d'v lg/LIf0f tyf cfGtl/s n]vfk/LIf0f ljefu >L lzj/fd ld> ;b:o ;lrj
n]vfk/LIf0f ;ldltsf ;+of]hs tyf ;b:ox?nfO{ a}7s eQf afx]s cGo s'g} kfl/>lds tyf ;'ljwf k|bfg ul/Psf]
5}g . a}7sdf ;xefuL ;ldltsf ;+of]hs tyf ;~rfnsnfO{ k|lt a}7s eQf jfkt ?= $,)))÷– / ;b:o ;lrjnfO{
k|lt a}7s eQf afkt ?= !,!))÷- k|bfg ug]{ Joj:yf /x]sf] 5 .
n]vfk/LIf0f ;ldltn] lg/LIf0f tyf cfGtl/s n]vfk/LIf0f ljefuaf6 ;ldltdf k]z x'g] a}+ssf zfvfx? tyf ljefux?sf]
cfGtl/s n]vfk/LIf0f k|ltj]bg pk/ 5nkmn u/L cfjZos lgb]{zg lbg] u/]sf] 5 . ;fy}, ;ldltn] a}+ssf] q}dfl;s
cjlwsf] ljQLo l:yltsf] ;dLIff tyf jfx\o n]vfk/LIf0f / g]kfn /fi6« a}+ssf] ;'kl/j]If0f k|ltj]bg pk/ 5nkmn u/L
cfjZos l;kmfl/z ;lxt ;~rfns ;ldltnfO{ hfgsf/L u/fpg] u/]sf] 5 .

!*= ;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v sDkgLsf cfwf/e"t z]o/wgL jf lghsf] glhssf gft]bf/ jf lgh ;+nUg
/x]sf] kmd{, sDkgL jf ;+ul7t ;+:yfn] sDkgLnfO{ s'g} /sd a'emfpg afFsL eP ;f] s'/f M
gePsf] .

!(= ;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v tyf kbflwsf/Lx?nfO{ e'QmfgL ul/Psf] kfl/>lds, eQf tyf ;'ljwf /sd M
;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v tyf kbflwsf/Lx?nfO{ e'QmfgL ul/Psf] kfl/>lds, eQf tyf ;'ljwf /sd
b]xfo adf]lhd /x]sf] 5 .

18 ^) cf}+ jflif{s k|ltj]bg

 s= cWoIf tyf ;~rfns M
;~rfns ;ldltsf cWoIf tyf ;~rfns ;ldltsf ;b:ox?nfO{ a}7s eQf jfkt k|lt a}7s ?=$,)))÷- k|bfg
ug]{ Joj:yf /x]sf] 5 . cfly{s jif{ @)&%÷&^ df a}7s eQf jfkt ;~rfnsx?nfO{ ?=$),)*,^))÷– / a}+s
Joj:yfkg tyf lj1x?nfO{ ?=!),!^,$))÷- vr{ ePsf] 5 . ;~rfns ;ldltsf cWoIf tyf ;b:ox?nfO{ a}7s
eQf afx]s kqklqsf vr{ jfkt dfl;s ?=@,)))÷- / ;~rf/ ;'ljwf afkt a9Ldf dfl;s ?=%,)))÷- -Ps ;]6
df]afO{n kmf]g ;lxt_ ;Dd lansf] /sd vr{ k|bfg ug]{ ul/Psf] 5 . To:t}, sfof{nosf] ;jf/L ;fwg k|of]u gu/]sf]
v08df k|lt a}7s ?= @))÷- kf/jfxg vr{ k|bfg ug]{ ul/Psf] 5 .

v= sfo{sf/L k|d'v, sDkgL ;lrj / cGo kbflwsf/Lx? M

cfly{s jif{ @)&%÷&^ df a}+ssf] k|d'v sfo{sf/L clws[t >L b]j]Gb| k|tfk zfxnfO{ -@)&%÷!@÷!! ;Dd_ tna
jfkt ?=@#,*),*##÷## / eQf ?=^,((,#))÷- u/L hDdf ?=#),)),!##÷## /sd e'QmfgL ul/Psf] 5 . ;fy},
@)&%÷!@÷!@ b]lv sf=d'= k|d'v sfo{sf/L clws[t /x]sf >L s[i0f axfb'/ clwsf/LnfO{ o; cfly{s jif{df tna
jfkt ?= ^,)*,())÷&# / eQf ?= !@,%(,!%#÷@! u/L hDdf ?=!*,^*,)%#÷($ /sd e'QmfgL ul/Psf] 5 .
a}+ssf sDkgL ;lrj / cGo Joj:yfkg kbflwsf/Lx?nfO{ -d'Vo k|aGws tx;Dd_ tna / eQf jfkt
?= $,#),##,!*(÷@( e'QmfgL ul/Psf] 5 .

@)= z]o/wgLx?n] a'emL lng afFsL /x]sf] nfef+zsf] /sd M

z]o/wgLx?n] a'emL lng afFsL /x]sf] nfef+zsf] /sd ?=@) nfv /x]sf] 5 .

@!= bkmf !$! adf]lhd ;DklQ vl/b jf laqmL u/]sf] s'/fsf] ljj/0f M
a}+snfO{ cfjZos kg]{ cfkm\gf] ;DklQx?sf] -;jf/L ;fwg, sfof{no ;fdfg, lnhxf]N8 ;DklQ_ vl/b tyf laqmLsf]
ljj/0f ;+nUg jf;nftsf] cg';"rL $=!# df /x]sf] 5 .
;DklQ vl/b tyf laqmL ubf{ k|rlnt ahf/ d"Nosf] cfwf/df a}ssf] cfly{s k|zf;g ljlgodfjnLn] tf]s]sf] sfo{ljlw
cjnDjg ug]{ ul/Psf] 5 .

@@= bkmf !&% adf]lhd ;Da4 sDkgL aLr ePsf] sf/f]af/sf] ljj/0f M
gePsf] .

@#= o; P]g tyf k|rlnt sfg"g adf]lhd ;~rfns ;ldltsf] k|lta]bgdf v'nfpg' kg]{ cGo s'g} s'/f M
gePsf] .

@$= cGo cfjZos s'/fx? M

gePsf] .

^) cf}+ jflif{s k|ltj]bg 19

 lwtf]kq btf{ tyf lgisfzg lgodfjnL, @)&# sf] lgod @^ sf] pklgod -@_ ;“u
;DalGwt cg'';"rL !% adf]lhdsf] jflif{s ljj/0f
!= ;~rfns ;ldltsf] k|ltj]bg M
aflif{s k|ltj]bgdf ;+nUg ul/Psf] .

@= n]vfk/LIfssf] k|ltj]bg M
aflif{s k|ltj]bgdf ;+nUg ul/Psf] .

#= n]vfk/LIf0f ePsf] ljQLo ljj/0f M

aflif{s k|ltj]bgdf ;+nUg ul/Psf] .

$= sfg"gL sf/afxL ;DaGwL ljj/0f M

s= o; cjlwdf ;+ul7t ;+:yfsf] lj?4 s'g} d'2f bfo/ ePsf] eP M
cfly{s jif{ @)&%÷&^ df a}+s kIf÷ljkIfL eO{ $% j6f d'2f ljleGg cbfntdf btf{ ePsf] .
v= ;+ul7t ;+:yfsf] ;+:yfks jf ;~rfnsn] jf ;+:yfks jf ;~rfnssf] lj?4df k|rlnt lgodsf] cj1f jf
kmf}hbf/L ck/fw u/]sf] ;DaGwdf s'g} d'2f bfo/ u/]sf] jf ePsf] eP M
cfly{s jif{ @)&%÷&^ df ;f] ;DaGwL hfgsf/L k|fKt gePsf] .
Uf= s'g} ;+:yfks jf ;~rfns lj?4 cfly{s ck/fw u/]sf] ;DaGwdf s'g} d'2f bfo/ ePsf] eP M
cfly{s jif{ @)&%÷&^ df ;f] ;DaGwL hfgsf/L k|fKt gePsf] .

%= ;+ul7t ;+:yfsf] z]o/ sf/f]jf/ tyf k|ultsf] ljZn]if0f M

s= lwtf]kq ahf/df ePsf] ;+ul7t ;+:yfsf] z]o/sf] sf/f]jf/ ;DaGwdf Joj:yfkgsf] wf/0ff M
a}+ssf] z]o/ sf/f]jf/ tyf d"No lgwf{/0f g]kfn lwtf]kq ljlgdo ahf/df v'Nnf ahf/ gLlt leq /xL sfod
/xg] x'Fbf Joj:yfkgsf] s'g} wf/0ff gePsf] .
v= cf=j= @)&%÷&^ sf] k|To]s q}dfl;s cjlwdf ;+ul7t ;+:yfsf] z]o/sf] clwstd, Go'gtd / clGtd d"Nosf ;fy}
s"n sf/f]jf/ z]o/ ;+Vof / sf/f]jf/ lbg M
qodf; clwstd d"No Go'gtd d"No clGtd d"No sf/f]af/ z]o/ sf/f]jf/ lbg
-?=_ -?=_ -?=_ ;+Vof
k|yd qodf; #$) @*) #!! @,$%$,^#& ^@
bf];|f] qodf; #!* @** @(& *,)#!,#%& ^)
Tf];|f] qodf; #)^ @*! @(& @,%^#,*(* ^!
Rff}yf] qodf; #%$ @(! ##^ !!,^)(,%*@ ^$

^= ;d:of, r'gf}tL tyf /0fgLlt M

s= ;d:of tyf r'gf}tL M
cfGtl/s M
 sd{rf/L cjwf/0f (Retention) tyf Ifdtf clea[l4 .
 a9\bf] ;~rfng vr{ tyf sd{rf/L vr{ ;DaGwL lb3{sflng Jooef/ .
 k|ljlwsf] clwstd pkof]u, k|ljlwd}qL sfo{ jftfj/0f / ;'/Iff .
 cfDbfgLsf] ljljlws/0f .

20 ^) cf}+ jflif{s k|ltj]bg

 afx\o M
 Af}+lsË ahf/df tLj| k|lt:kwf{ tyf a9\bf] lgIf]k nfut .
 shf{sf] dfu / lgIf]k a[l4 larsf] c;Gt'ng .
 lgodgsf/L Joj:yfdf x'g] kl/jt{g / ;f] sf] cfjlws ;dfof]hg .
 ljb]zL ljlgdodf x'g] kl/jt{g tyf ljk|]if0f cfk|jfxdf cfpg] sdL .
v= ;d:of tyf r'gf}tL ;dfwfgsf /0fgLlt M
 sd{rf/L cjwf/0f tyf tyf ;do ;fk]If tflnd .
 sd{rf/L tyf ;~rfng vr{sf] lgoldt cg'udg, ljZn]if0f tyf pTkfbsTjdf a[l4 .
 a[xt bfo/fo'Qm k|ljlwsf] pkof]u / k|ljlw;Fu ;DalGwt hf]lvd Go'lgs/0f .
 a}+ssf] ;DklQ tyf bfloTjx?sf] plrt Joj:yfkg .
 ahf/sf] ;fdlos cg'udg, k|lt:kwf{Tds Ifdtfdf a[l4 tyf ;do ;fk]If Joj;flos /0fgLlt .
 Joj;flos ;DefJotfsf cfwf/df a}+ssf] zfvf ;~hfndf lj:tf/ u/L lgIf]k a[l4 tyf shf{ nufgLdf lj:tf/ .

&_ ;+:yfut ;'zf;g M

 ;+:yfut ;'zf;gnfO{ ;b}j pRr k|fyldstf /fVb} ;+:yfut ;'zf;gsf ;DaGwdf g]kfn /fi6« a}+s, g]kfn lwtf]kq
af]8{af6 hf/L ul/Psf lgb]{zg tyf kl/kqx?sf] kfngf ug]{ ul/Psf] . lgodgsf/L lgsfoaf6 hf/L ePsf
lgb]{zgsf] kl/kfngfsf] ;'lglZrttfsf nflu a}+sn] tf]lsPsf] of]Uotf tyf cg'ej k|fKt kl/kfngf clws[t tf]ls
kl/kfngfsf] cg'udgsf] lhDd]jf/L lbOPsf] . P]g, lgodfjnL, lgodgsf/L lgsfoaf6 ;do ;dodf hf/L ePsf
lgb]{zg÷zt{, lgodg, lg/LIf0f / ;'kl/j]If0f ubf{ lbOPsf lgb]{zgx?sf] kl/kfngfsf nflu a}+s k|lta4 /x]sf] .
 cfGtl/s lgoGq0f k|0ffnL Jojl:yt ug{ ;~rfns ;ldlt dftxt n]vfk/LIf0f ;ldlt /x]sf] . jfx\o tyf cfGtl/s
n]vfkl/Ifsaf6 lbOPsf ;'emfj tyf lgb]{zgx?nfO{ sfof{Gjog u/fpg'sf ;fy} cfGtl/s lgoGq0f k|0fnLnfO{ ;'b[9
agfpg ;ldltn] Joj:yfkgnfO{ cfjZos lgb]{zg tyf ;'emfj lbg] u/]sf] .
 hf]lvd Joj:yfkg ug{sf] nflu a}+sdf 5'§} hf]lvd Joj:yfkg ljefu /x]sf] . ;~rfns ;ldlt dftxtsf] hf]lvd
Joj:yfg ;ldlt cGtu{t /xL pQm ljefun] a}+ssf] shf{, ahf/, t/ntf / ;~rfngdf b]vfkg]{ hf]lvd tyf
r'gf}tLx?sf] klxrfg ug]{ u/]sf] .
 a}+sdf ;+:yfut ;'zf;g sfod /fVg ;~rfns ;ldlt tyf a}+s Joj:yfkg sl6a4 /x]sf] .

^) cf}+ jflif{s k|ltj]bg 21

 M Tiwari & Associates
Chartered Accountants

KIRTIPUR MUNICIPALITY -1 G.P.O. Box 12437,Opp. Kumari Bank, Koshi Compound

TYANLA, P.O. Box 12136 Putalisadak, Kathmandu, Dillibazar, Kathmandu
KATHMANDU, NEPAL Phone:+9771 4444009, +97714416222, +977-1-4423550
Tel: 4331060 Mob:9861583579 Fax: +97714436537 Email:
pyc@ntc.net.np

INDEPENDENT AUDITOR’S REPORT

TO THE SHAREHOLDERS OF
NEPAL BANK LIMITED

Report on the Audit of Financial Statements

Opinion

We have audited the financial statements of Nepal Bank Limited, which comprise the statement of financial position as
at Ashad 31, 2076 (corresponding to July 16, 2019), the statement of profit or loss, the statement of other
comprehensive income, statement of changes in equity, the statement of cash flow for the year then ended and notes
to the financial statements, including a summary of significant accounting policies.
In our opinion, the accompanying financial statements with the notes attached and emphasis of matter mentioned
below (except for the effect of these on financial statements) present fairly, in all material respect, the financial position
of the Bank as at Ashad 31, 2076 (July 16, 2019) and its financial performance, the statement of other comprehensive
income, the statement of changes in equity and the statement of cash flow statement for the year then ended in
accordance with the Nepal Financial Reporting Standards (NFRSs).

Basis for Opinion

We conducted our audit in accordance with Nepal Standards on Auditing (NSAs). Our responsibilities under those
standards are further described in the Auditor’s Responsibilities for the Audit of the financial Statements section of our
report. We are independent of the Bank in accordance with the ICAN’s Handbook of The Code of Ethics for
Professional Accountants together with the ethical requirements that are relevant to our audit of the financial
statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the
ICAN’s Handbook of The Code of Ethics for professional Accountants. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for opinion.

Emphasis of Matter
1. As included in note 4.16 of financial statements on Ashadh 31, 2076, total unreconciled inter branch balance is NPR.
1,687.19 million (Debit). But, as per the records of Inter Branch Transaction Department, cumulative unreconciled
balance is NPR. 1,724.05 million (Credit). Therefore, there is difference of NPR. 3,411.24 million between the
balance amount as shown in the financial statements and those shown by Inter Branch Transaction Department. In
the absence of timely reconciliation and ageing schedule of outstanding balances, we were unable to determine the
resultant effects in the Statement of Financial Position and such long pending unreconciled balances pose to threats
for fraud (Material Misstatement) which remains undetected.

22 ^) cf}+ jflif{s k|ltj]bg

2. The bank has not obtained confirmation in respect of Receivables of government transactions of NPR. 7403.85
million, Pension Receivables of NPR.402.85 million, Reimbursable from RBB of NPR.15.22 million and TU Pension
reimbursable of NPR.156.47 million at the year end. Hence, we could not confirm the existence and right over
amount without the reconciliation and confirmation from the parties.

3. As mentioned in Other of Other Assets of the bank under Note 4.16, the bank holds a total of NPR 4.045 million of
suspense accounts which are unreconciled and unidentified amounts. In the absence of information regarding these
items during the period of audit and we could not confirm the existence and obligation over amount disclosed.

4. Remittance payable net of NPR 94.11 million included in Other Assets under Note 4.16 and other liabilities under
Note 4.23. In the absence of details, we could not confirm the existence and obligation over amount disclosed.

5. The Bank has not carried out physical verification of fixed assets of Head Office and Branch Offices. Book value of
Property and Equipment as on Ashad 31, 2076 is NPR. 11,828.22 million. The Bank has calculated and charged
depreciation on fixed assets based on the method specified in Schedule 2 of Income Act, 2058. Calculation of
depreciation based on such method is not in accordance with NAS 16, “Property, Plant and Equipment and amount
as per NAS 16 could not be quantified in absence of policy.

6. The Bank has not created provision for the payment of incremental pension in line with NAS 37 “Provision,
Contingent Liabilities and Contingent assets. The Supreme Court of Nepal had made the decision dated 2074-10-21
to provide pension on incremental salary to the retired employees availing the 7 years lump sum facility as per
employee policy. Based on the incremental pension to be provided due to increase in salary, the bank has a liability
to pay total amount of NPR.102.46 million. However, the bank has calculated its liability by adjusting the opportunity
cost on 7 year lump sum payment made during the time of retirement thus creating only a liability of NPR. 9.89
million on its part.

7. Retained Earnings includes special reserve of NPR.1197.87 million restricted, by Nepal Rastra Bank, for distribution
as dividend to shareholders as well as bonus to bank employees.

Responsibilities of Management and Those Charged with Governance for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with
NFRS, and for such internal control as management determines is necessary to enable the preparation of financial
statements that are free from material misstatements, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Bank’s ability to continue as a
going concern, disclosing, as applicable matters related to going concern and using the going concern basis of
accounting unless management either intends to liquidate the bank or to cease operations, or has no realistic
alternative but to do so.
Those charged with governance are responsible for overseeing the Bank’s financial reporting process.

^) cf}+ jflif{s k|ltj]bg 23

Auditor’s Responsibility for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatements, whether due to fraud or error, and to issue an auditor’s report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with
NSA’s will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Further responsibilities of the auditor have been mentioned in Appendix-1.

Report on Other Legal and Regulatory Requirements

 We have obtained information and explanations asked for which, to best of our knowledge and belief, were
necessary for the purpose of our audit.
 In our opinion, statements of financial position, statement of profit or loss, other comprehensive income,
changes in equity and cash flows, have been prepared in accordance with the requirements of the Companies
Act, 2063, BAFIA 2073 and are in agreement with the books of account maintained by the Bank including relevant
records relating to preparation of the aforesaid financial statements have been kept so far as it appears from our
examination of those books and records of the Bank.
 To the best of our information and according to explanation given to us and so far appeared from our examination
of the books of account of the Bank , we have not come across cases where Board of Directors or any employees
of the Bank have acted contrary to the provisions of law relating to the accounts, or committed any
misappropriation or caused loss or damage to the Bank and violated any directives of Nepal Rastra Bank or acted
in a manner to jeopardize the interest and security of the Bank, its depositors and investors.
 The operation of the bank is within its jurisdiction.

Murali Dhar Tiwari, FCA Yuddha Raj Oli, FCA Gyanendra Subedi, FCA
Proprietor Partner Partner
M. Tiwari & Associates PYC & Associates Joshi & Bhandary
Chartered Accountants Chartered Accountants CharteredAccountants
UDIN:191120CA00645gxzn UDIN:191120CA00185LISkr UDIN:191120CA00482UWrQF

Date: 2076.08.04
Place: Kathmandu

24 ^) cf}+ jflif{s k|ltj]bg

Appendix-1

As a part of audit in accordance with NSAs, we exercised professional judgment and maintain professional skepticism
throughout the audit. We also:
 Identified and assessed the risk of material misstatement of the financial statements whether due to fraud or
error, designed and performed audit procedures responsive to those risks, and obtained audit evidence that is
sufficient and appropriate to provide an opinion. The risk of not detecting a material misstatement resulting from
fraud is higher than one resulting from error, as fraud may involve collusion, forgery, intentional omission,
misrepresentations, or the override of internal control.
 Obtained an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances but not for the purpose of expressing an opinion of the effectiveness of
internal control.
 Concluded an appropriateness of the management use of the going concern basis of accounting and, based in
audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast
significant doubt on the bank’s ability to continue as a going concern. If we concluded that a material
uncertainty exists, we were required to draw attention in our auditor’s report to the related disclosures in the
financial statements or, if such disclosures were inadequate, to modify our opinion. Our conclusions were
based on the audit evidence obtained up to the date of our auditor’s report. However, future events or
conditions may cause the bank to cease to continue as a going concern.
 Evaluated the appropriateness of accounting policies used and the reasonableness of accounting estimates
and related disclosures made by management.
 Evaluated the overall presentation, structure, and content of the financial statements, including the disclosures,
and whether the financial statements represents the underlying transactions and events in a manner that
achieves fair presentation.
 Obtained sufficient appropriate audit evidence regarding the financial information of the entities or business
activities to express an opinion on the financial statements. We remain solely responsible for our audit opinion.
 We communicated with those charged with governance regarding, among other matters, the planned scope
and timing of the audit and significant audit findings, including any significant deficiencies in internal control that
we identify during our audit.
 We also provided those charged with governance with a statement that we have complied with relevant ethical
requirements regarding independence, and communicated with them all relationships and other matters that
may reasonably be though to bear on our independence, and where applicable, related standards.

^) cf}+ jflif{s k|ltj]bg 25

 Statement of Financial Position
As at 31st Ashad 2076 (16 July 2019)
Figures in NPR
As at As at
Note
31st Ashad 2076 32nd Ashad 2075
ASSETS
Cash and cash equivalents 4.1 10,418,969,105 5,780,881,927
Due from Nepal Rastra Bank 4.2 10,178,321,131 6,283,655,201
Placement with Bank and Financial Institutions 4.3 5,427,675,000 2,965,493,254
Derivative Financial Instruments 4.4 5,594,624,000 3,413,128,000
Other Trading Assets 4.5 - -
Loans and advances to B/FIs 4.6 3,303,280,250 2,739,470,887
Loans and advances to customers 4.7 92,421,637,259 75,556,510,557
Investment securities 4.8 16,425,733,171 16,247,773,730
Current tax assets 4.9 991,499,066 521,831,458
Investment in subsidiaries 4.10 - -
Investment in associates 4.11 - -
Investment property 4.12 113,306,614 87,007,182
Property and Equipment 4.13 11,828,221,794 11,638,330,831
Goodwill and Intangible assets 4.14 25,993,659 14,244,254
Deferred Tax Assets 4.15 - -
Other assets 4.16 14,786,384,911 11,563,028,462
Total Assets 171,515,645,958 136,811,355,742
As at As at
Note
31st Ashad 2076 32nd Ashad 2075
Liabilities
Due to Bank and Financial Institutions 4.17 1,074,497,374 290,652,430
Due to Nepal Ratsra Bank 4.18 41,843,286 34,524,946
Derivative Financial Instrument 4.19 5,504,430,000 3,394,500,000
Deposits from customers 4.20 117,200,788,938 99,540,725,763
Borrowings 4.21 950,000,000 109,500,000
Current Tax Liabilities 4.9 - -
Provisions 4.22 131,438,580 63,277,906
Deferred Tax Liabilities 4.15 3,650,970,495 3,226,453,306
Other liabilities 4.23 13,680,340,769 7,230,072,524
Debt securities issued 4.24 - -
Subordinated Liabilities 4.25 - -
Total liabilities 142,234,309,443 113,889,706,875
Equity
Share Capital 4.26 9,811,148,000 8,042,662,200
Share Premium 3,262,810,756 82,491,502
Retained Earnings 2,895,693,022 (437,190,857)
Reserves 4.27 13,311,684,737 15,233,686,022
Total equity attributable to equity holders 29,281,336,515 22,921,648,867
Non-controlling interest
Total Equity 29,281,336,515 22,921,648,867
Total Liabilities and Equity 171,515,645,958 136,811,355,742
Contingent Liabilities and commitment 4.28 22,562,843,886 16,283,933,969
Net Assets Value Per share 298.45 285.00
The accompanying notes are integral part of these financial statements. As per our report of even date
Board of Directors

Chairman ……………...…………. ………………………..………

Basudev Adhikari CA Murali Dhar Tiwari
Proprietor
…………………………. ……….…………………... M Tiwari & Associates
Samata Panta (Bhatta) Krishna Bahadur Adhikari Member ……………...…………. Chartered Accountants
Officiating Deputy Chief Executive Officer Chief Executive Officer Harishsaran Pudasaini

Member ……………...…………. ………………………..………

Deependra Bikram Thapa CA Yuddha Raj Oli
………………………. ...………………………. Partner
Surya Prakash Bhatta Laxman Paudel PYC & Associates
Acting Chief Manager Assistant Chief Executive Officer Chartered Accountants
Member ……………...………….
Ganga Prasad Gyawali
Date: 2076-08-01 ………………………..………
Place: Kathmandu, Nepal CA Gyanendra Subedi
Member ……………...…………. Partner
Savitri Ranjit Shrestha Joshi & Bhandary
Chartered Accountants

26 ^) cf}+ jflif{s k|ltj]bg

 Statement of Profit or Loss
for the year ended 31st Ashad 2076 (16 July 2019)
Figures in NPR
Year ended Year ended
Note
31st Ashad 2076 32nd Ashad 2075
Interest income 4.29 10,375,693,239 9,229,436,342
Interest expense 4.30 4,186,150,559 2,841,690,284
Net interest income 6,189,542,679 6,387,746,058
Fees and commission income 4.31 1,039,339,829 983,019,526
Fees and commission expense 4.32 45,362,654 35,428,945
Net fee and commission income 993,977,175 947,590,581
Net interest and commission income 7,183,519,854 7,335,336,639
Net trading income 4.33 342,412,716 207,280,807
Other operating income 4.34 210,783,220 18,892,336
Total operating income 7,736,715,790 7,561,509,783
Impairment charge/(reversal) for loans and other losses 4.35 477,102,823 (86,340,530)
Net operating income 7,259,612,967 7,647,850,312
Operating expense
Personnel expenses 4.36 2,077,398,273 2,148,830,486
Other Operating expenses 4.37 549,791,982 552,647,779
Depreciation and Amortisation 4.38 122,374,746 97,589,472
Operating Profit 4,510,047,966 4,848,782,576
Non operating Income 4.39 101,607,886 81,894,914
Non operating expense 4.40 - 202,257
Profit before income tax 4,611,655,852 4,930,475,233
Income tax expense 4.41
Current Tax 1,080,433,282 1,479,489,582
Deferred Tax 934,486,525 235,303,667
Profit for the period 2,596,736,045 3,215,681,985
Profit attributable to:
Equity holders of the Bank 2,596,736,045 3,215,681,985
Non-controlling interests - -
Profit for the period 2,596,736,045 3,215,681,985
Earnings Per Share (EPS)
Basic EPS 26.99 39.98
Diluted EPS 26.99 39.98
The accompanying notes are integral part of these financial statements. As per our report of even date
Board of Directors

Chairman ……………...………… ………………………..………

Basudev Adhikari CA Murali Dhar Tiwari
…………………………. ……….…………………... Proprietor
Samata Panta (Bhatta) Krishna Bahadur Adhikari M Tiwari & Associates
Officiating Deputy Chief Executive Officer Chief Executive Officer Chartered Accountant
Member ……………...………….
Harishsaran Pudasaini

………………………..………
Member ……………...………….. CA Yuddha Raj Oli
Deependra Bikram Thapa Partner
………………………. ...………………………. PYC & Associates
Surya Prakash Bhatta Laxman Paudel Chartered Accountants
Acting Chief Manager Assistant Chief Executive Officer
Member ……………...………….
Ganga Prasad Gyawali

………………………..………
CA Gyanendra Subedi
Date: 2076-08-01 Member ……………...…………. Partner
Place: Kathmandu, Nepal Savitri Ranjit Shrestha Joshi & Bhandary
Chartered Accountants

^) cf}+ jflif{s k|ltj]bg 27

 Statement of Other Comprehensive Income
for the year ended 31st Ashad 2076 (16 July 2019)
Figures in NPR
Year ended Year ended
Note
31st Ashad 76 32nd Ashad 75
Profit for the year 2,596,736,044.52 3,215,681,984.75
Other Comprehensive Income, net of income tax
a Items that will not be reclassified to Profit or Loss
Gains / (Losses) from investment in equity instruments measured at fair value (372,785,034.60) (3,059,173,686.68)
Gains / (Losses) on revaluation
Actuarial Gains / (Losses) on defined benefit plans (1,327,112,752.00) (1,970,499,081.00)
Income tax relating to above items 509,969,335.98 1,508,901,830.30
Net other Comprehensive Income that will not be reclassified to Profit or Loss (1,189,928,450.62) (3,520,770,937.38)
b Items that are or may be reclassified to Profit or Loss
Gains (Losses) on cash flow hedge - -
Exchange gains (Losses) arising from translationg financial assets of foreign operation - -
Income tax relating to above items - -
Reclassify to Profit or Loss - -
Net other Comprehensive Income that are or may be reclassified to Profit or Loss - -
c Share of other comprehensive income of associate accounted as per equited method - -
Other Comprehensive income for the year, net of income tax (1,189,928,450.62) (3,520,770,937.38)
Total Comprehensive income for the year 1,406,807,593.90 (305,088,952.63)
Total Comprehensive income attributable to:
Equity shareholder of the bank 1,406,807,593.90 (305,088,952.63)
Non controlling interest - -
Total Comprehensive income for the period 1,406,807,593.90 (305,088,952.63)
The accompanying notes are integral part of these financial statements. As per our report of even date
Board of Directors

Chairman ………………………. ………………………..…

Basudev Adhikari CA Murali Dhar Tiwari
…………………………. ……….…………………... Proprietor
Samata Panta (Bhatta) Krishna Bahadur Adhikari M Tiwari & Associates
Officiating Deputy Chief Executive Officer Chief Executive Officer Chartered Accountant
Member ……………………….
Harishsaran Pudasaini

………………………
CA Yuddha Raj Oli
Member ………………………. Partner
Deependra Bikram Thapa PYC & Associates
………………………. ...………………………. Chartered Accountants
Surya Prakash Bhatta Laxman Paudel
Acting Chief Manager Assistant Chief Executive Officer Member ………………………
Ganga Prasad Gyawali ………………………
CA Gyanendra Subedi
Date: 2076-08-01 Partner
Place: Kathmandu, Nepal Member ……………………… Joshi & Bhandary
Savitri Ranjit Shrestha Chartered Accountants

28 ^) cf}+ jflif{s k|ltj]bg

 Statement of Cash Flows
for the year ended 31st Ashad 2076 (16 July 2019)
Figures in NPR
Year ended Year ended
Particulars
31st Ashad 2076 32nd Ashad 2075
CASH FLOWS FROM OPERATING ACTIVITIES
Interest received 10,365,819,900 9,139,941,793
Fees and other income received 1,037,910,820 982,898,834
Dividend received
Receipts from other operating activities 340,609,545 296,300,580
Interest paid (4,186,150,559) (2,841,665,084)
Commission and fees paid (46,112,150) (76,759,413)
Cash payment to employees (1,833,532,056) (2,815,894,626)
Other expense paid (564,101,983) (465,375,189)
Operating cash flows before changes in operating assets and liabilities 5,114,443,517 4,219,446,894

(Increase)/Decrease in operating assets

Due from Nepal Rastra Bank (3,894,665,929) 7,104,884,644
Placement with Bank and Financial Institutions (2,462,181,746) 108,527,044
Other trading assets - -
Loans and advances to bank and financial institutions (569,504,407) (577,682,489)
Loans and advances to customers (17,336,534,481) (4,397,100,765)
Other assets (5,003,585,820) (4,890,390,007)
Increase/(Decrease) in operating liabilities
Due to bank and financial institutions 783,844,945 55,266,721
Due to Nepal Rastra Bank 7,318,340 22,029,946
Deposit from customers 17,660,063,175 5,832,097,220
Borrowings 840,500,000 109,500,000
Other liabilities 6,952,669,252 (2,413,762,050)
Net cash flow from operating activities before tax paid 2,092,366,844 5,172,817,159
Income taxes paid (1,540,000,000) (1,340,000,000)
Net cash flow from operating activities 552,366,844 3,832,817,159
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of investment securities (550,744,475) (3,862,607,971)
Receipts from sale of investment securities - 481,443,446
Purchase of property and equipment (323,673,552) (216,612,281)
Receipt from the sale of property and equipment 5,041,939
Acquisition of intangible assets (17,577,135) (1,536,625)
Receipt from the sale of intangible assets
Purchase of investment properties (33,346,600)
Receipt from the sale of investment properties 53,715,539 48,172,616
Interest received
Dividend received 3,499,564 9,831,821
Net cash used in investing activities (863,084,721) (3,541,308,993)

CASH FLOWS FROM FINANCING ACTIVITIES

Receipt from issue of debt securities
Repayment of debt securities
Reciepts from issue of subordinated liabilities
Repayment of subordinated liability
Receipts from issue of shares 4,948,805,054 -
Dividends paid
Interest paid
Other recepit/payment
Net cash from financing activities 4,948,805,054 -
Net increase (decrease) in cash and cash equivalents 4,638,087,178 291,508,166
Cash and cash equivalents at begining of the period 5,780,881,927 5,489,373,760
Effect of exchange rate fluctuations on cash and cash equivalents held
Cash and cash equivalents at the end of the period 10,418,969,105 5,780,881,927
The accompanying notes are integral part of these financial statements. As per our report of even date
Board of Directors

Chairman ……………...………… …………………………..

…………………………. ……….…………………... Basudev Adhikari CA Murali Dhar Tiwari
Samata Panta (Bhatta) Krishna Bahadur Adhikari Proprietor
Officiating Deputy Chief Executive Officer Chief Executive Officer M Tiwari & Associates
Member ……………...………… Chartered Accountant
Harishsaran Pudasaini

………………………. ...………………………. ………………………

Surya Prakash Bhatta Laxman Paudel Member ……………...………… CA Yuddha Raj Oli
Acting Chief Manager Assistant Chief Executive Officer Deependra Bikram Thapa Partner
PYC & Associates
Chartered Accountants
Member ……………...…………
Date: 2076-08-01 Ganga Prasad Gyawali
Place: Kathmandu, Nepal ………………………
CA Gyanendra Subedi
Member ……………...………… Partner
Savitri Ranjit Shrestha Joshi & Bhandary
Chartered Accountants

^) cf}+ jflif{s k|ltj]bg 29

 Figures in NPR
Attributable to equity holders of the Bank

30
Exchange equalisation Non-controlling
Particulars Share Capital Share premium General reserve Regulatory Reserve Fair Value Reserve Revaluation Reserve Retained earning Other reserve Total Total equity
reserve interest
Balance at 1 Shrawan 2074 8,042,662,200 132,836,801 3,261,040,645 86,786,914 - 4,895,685,326 7,761,988,650 (2,234,912,861) 1,127,947,685 23,074,035,359 23,074,035,359
Comprehensive income for the year
Profit for the year 3,215,681,985 - 3,215,681,985 3,215,681,985
Other comprehensive income, net of tax - - -
Gains/(losses) from investment in equity instruments
- (2,141,421,581) (2,141,421,581)
measured at fair value. (2,141,421,581)
Gains/(losses) on revaluation - - - -
Actuarial gains/(losses) on defined benefit plans (1,379,349,357) (1,379,349,357) (1,379,349,357)
Gains/(losses) on cash flow hedges - - -
Exchange gains/(losses) (arising from translating financial
- - -
assets of foreign operation)
Total Comprehensive income for the year - - - - - (2,141,421,581) - 3,215,681,985 (1,379,349,357) (305,088,953) - (305,088,953)
Transfer to reserve during the year 643,136,397 2,589,021,283 (650,543,964) (2,658,771,516) 77,157,800 0 0
Transfer from reserve during the year (26,281,899) 1,240,811,535 (1,214,529,636) - -
Deferred tax impact of respective reserve 195,163,190 7,884,570 - 203,047,759 203,047,759

^) cf}+ jflif{s k|ltj]bg

Transactions with owners, directly recognised in equity - - -
share issued - - -
Share based payment - - -
Dividends to equity holders - - -
Bonus shares issued - - -
Cash dividend paid - - -
Other (50,345,299) - - (50,345,299) (50,345,299)
Total contributions by and distributions - (50,345,299) 643,136,397 - 2,589,021,283 (455,380,775) (18,397,329) (1,417,959,981) (1,137,371,836) 152,702,460 152,702,460
Balance at 32 Asadh 2075 8,042,662,200 82,491,502 3,904,177,042 86,786,914 2,589,021,283 2,298,882,970 7,743,591,321 (437,190,857) (1,388,773,509) 22,921,648,867 - 22,921,648,867

Balance at 1st Shrawan 2075 8,042,662,200 82,491,502 3,904,177,042 86,786,914 2,589,021,283 2,298,882,970 7,743,591,321 (437,190,857) (1,388,773,509) 22,921,648,867 - 22,921,648,867
Comprehensive income for the year - - -
Profit for the year 2,596,736,045 - 2,596,736,045 2,596,736,045
Other comprehensive income, net of tax (260,949,524) (928,978,926) (1,189,928,451) (1,189,928,451)
Gains/(losses) from investment in equity instruments
- - -
measured at fair value.
Gains/(losses) on revaluation - - -
Actuarial gains/(losses) on defined benefit plans - - -
Gains/(losses) on cash flow hedges - - -
Exchange gains/(losses) (arising from translating financial
- - -
assets of foreign operation)
Total Comprehensive income for the year - - - - - (260,949,524) - 2,596,736,045 (928,978,926) 1,406,807,594 - 1,406,807,594
Transfer to reserve during the year 519,347,209 732,072,834 43,729,822 1,295,149,865 1,295,149,865
Transfer from reserve during the year (1,295,149,865) 4,075,000 - (1,291,074,865) (1,291,074,865)
Deferred tax impact of respective reserve - - -
Transactions with owners, directly recognised in equity - - -
share issued 1,768,485,800 3,180,319,254 - 4,948,805,054 4,948,805,054
Share based payment - - -
Dividends to equity holders - - -
Bonus shares issued - - -
Cash dividend paid - - -
Other - - -
Total contributions by and distributions 1,768,485,800 3,180,319,254 519,347,209 - (1,295,149,865) - - 736,147,834 43,729,822 4,952,880,054 - 4,952,880,054
Balance at 31st Asadh 2076 9,811,148,000 3,262,810,756 4,423,524,251 86,786,914 1,293,871,418 2,037,933,446 7,743,591,321 2,895,693,022 (2,274,022,613) 29,281,336,515 - 29,281,336,515
The accompanying notes are integral part of these financial statements.
Board of Directors As per our report of even date

Chairman ………………………
Basudev Adhikari

…………………………. ……….…………………... ……………………… ……………………… ………………………

Samata Panta (Bhatta) Krishna Bahadur Adhikari Member ………………………….. CA Murali Dhar Tiwari CA Yuddha Raj Oli CA Gyanendra Subedi
Officiating Deputy Chief Executive Officer Chief Executive Officer Harishsaran Pudasaini Proprietor Partner Partner
M Tiwari & Associates PYC & Associates Joshi & Bhandary
Chartered Accountant Chartered Accountants Chartered Accountants
Member ……………………………
………………………. ...………………………. Deependra Bikram Thapa
Surya Prakash Bhatta Laxman Paudel
Acting Chief Manager Assistant Chief Executive Officer
Member ……………………………
Ganga Prasad Gyawali
Date: 2076-08-01
Place: Kathmandu, Nepal
Member ………………………….
Savitri Ranjit Shrestha
Nepal Bank Ltd.
Notes to the Financial Statements
For the Year ended 31st Ashad 2076 (16 July 2019)

1 Reporting Entity
Nepal Bank Limited („the Bank') is a public company incorporated under the Companies Act, 2063 and licensed
by Nepal Rastra Bank to conduct banking transaction as a “A” Class Financial Institution under the Bank and
Financial Institution Act, 2073. The Bank has its Corporate Office at Dharma path, Kathmandu. Nepal Bank
Limited, the first bank of Nepal was established in November 15, 1937 A.D (Kartik, 30, 1994). It was formed
under the principle of Joint venture (Joint venture between govt. & general public. The bank has been providing
banking through its branch offices in the different geographical locations of the country. Nepal Bank Limited
has the following objectives:

 Deliver robust and ethical banking services and contributing to the economic development of Nepal.
 Focus on increasing the customer base and market share.
 Maximize the potential/efficiency of bank's staff.
 Focus on minimizing the risk associated with the business.
 Focus on providing the world class business solutions.
 Focus on increasing the sustainable profit.

Authorized capital of the Bank is Rs. 10,000,000,000 (100,000,000 shares of Rs. 100 each) out of which Issued
and Paid-up capital is Rs.9, 811,148,000 (98,111,480 shares of Rs.100 each). The shareholder composition of
the Bank (as of 2076-03-31) is as follows.

S.N. Ownership Percent

1 Government of Nepal 51%
2 General Public 49%
Total 100%

2 Basis of Preparation
The financial statements of the Bank have been prepared on accrual basis of accounting except the Cash flow
information which is prepared, on a cash basis, using the direct method. The interest income is recognized on
effective interest rate method.
The financial statements comprise the Statement of Financial Position, Statement of Profit or Loss and Statement
of Other Comprehensive Income shown in two separate statement, the Statement of Changes in Equity, the
Statement of Cash Flows and the Notes to the Accounts. The significant accounting policies applied in the
preparation of financial statements are set out below in point number 3. These policies are consistently applied to
all the years presented, except for the changes in accounting policies disclosed specifically.

2.1 Statement of compliance

The financial statements have been prepared in accordance with Nepal Financial Reporting Standards (NFRS)
adopted by the Accounting Standards Board (ASB) of Nepal.
The financial statements have been prepared on the going-concern basis.
The Bank presents its statement of financial position broadly in order of liquidity as per the format specified in
directive 4 of unified directive 2075 issued by NRB.

^) cf}+ jflif{s k|ltj]bg 31

2.2 Reporting period and approval of financial statements
Reporting Period is a period from the first day of Shrawan (mid-July) of any year to the last day of Ashad (mid-
July) of the next year as per Nepalese calendar.
The current year period refers to 1st Shrawan 2075 to 31st Ashad 2076 as per Nepalese Calendar corresponding to
17th July 2018 to 16th July 2019 as per English Calendar and corresponding previous year period is 1st Shrawan
2074 to 32nd Ashad 2075 as per Nepalese Calendar corresponding to 16th July 2017 to 16th July 2018 as per
English calendar.

Nepalese Calendar English Calendar

Current Year 2075/76 2018/19
Previous Year 2074/75 2017/18

1stShrawan 2075 to 17th July 2018 to

Current Year Period 31stAshad 2076 16th July 2019

1stShrawan 2074 to 16th July 2017 to

Previous Year Period 32ndAshad 2075 16th July 2018

The Financial Statements were authorized for issue by the Board of Directors on 2076-08-01. The Company
prepared its financial statements in accordance with the requirements of Nepal Financial Reporting Standards.

2.3 Functional and presentation currency

The financial statements are presented in Nepalese Currency (NPR) (rounded to the nearest Rupee unless
otherwise stated), which is the company‟s functional currency. The Bank determines the functional currency and
items included in the financial statements are measured using that functional currency.

2.4 Use of Estimates, assumptions and judgments

The preparation of the Bank‟s financial statements requires management to make judgements, estimates and
assumptions that affect the reported amount of revenues, expenses, assets and liabilities, and the accompanying
disclosures, as well as the disclosure of contingent liabilities. Management believes that the estimates used in the
preparation of the financial statements are prudent and reasonable estimates and underlying assumptions are
reviewed on an ongoing basis.
Information about assumptions, estimates and judgement used in preparation of financial statements for 2075/76
that have a significant risk of resulting in a material adjustment within the next financial year are:
 Key assumptions used in discounted cash flow projections.
 Measurement of defined benefit obligations.
 Provisions, commitments and contingencies.
 Determination of net realizable value.
 Determination of useful life of the property, plants and equipment.
 Assessment of the Bank‟s ability to continue as going concern.
 Determination of fair value of financial instruments; and property and equipment.
 Impairment of financial and non-financial assets.
 Assessment of current as well as deferred tax.

2.5 Changes in Accounting policies

The Company has consistently applied the accounting policies to all periods presented in these financial
statements except for new or revised statements and interpretations implemented during the year. The nature and
effect of new standards and interpretations are discussed in note that follows.

32 ^) cf}+ jflif{s k|ltj]bg

2.6 New standards in issue but not yet effective
A number of new standards and amendments to the existing standards and interpretations have been issued by
IASB after the pronouncements of NFRS with varying effective dates. Those become applicable when ASB
Nepal incorporates them within NFRS. The standards and interpretations that are issued, but not yet effective, up
to the date of issuance of the Bank‟s financial statements are disclosed below. The Bank intends to adopt these
standards, if applicable, when they become effective.

2.7 New Standards and interpretation not adapted

All Nepal Accounting Standards and Nepal Financial Reporting Standards and other interpretation issued by
ASB of Nepal have been adapted while preparing financial statements.

2.8 Discounting
Non- current assets and liabilities are discounted where discounting is material. Interest income and expenses
have been recognised on unwinding of financial assets and liabilities respectively.

2.9 Offsetting
Financial assets and financial liabilities are offset and the net amount reported in the Statement of Financial
Position, only when there is a legally enforceable right to offset the recognized amounts and there is an intention
to settle on a net basis or to realize the assets and settle the liabilities simultaneously. Income and expenses are
not offset in the Statement of Profit or Loss, unless required or permitted by Nepalese Financial Reporting
Standards or Interpretation (issued by the International Financial Reporting Interpretations Committee (IFRIC)
and Standard Interpretations Committee (SIC)) and as specifically disclosed in the Significant Accounting
Policies of the Bank.

2.10 Materiality and Aggregation

Each material class of similar items is presented separately in the Financial Statements. Items of dissimilar
nature or function are presented separately, unless they are immaterial as permitted by the Nepal Accounting
Standard – NAS 1 on „Presentation of Financial Statements‟.
Notes to the Financial Statements are presented in a systematic manner which ensures the understandability and
comparability of Financial Statements of the bank. Understandability of the Financial Statements is not
compromised by obscuring material information with immaterial information or by aggregating material items
that have different natures or functions.

3 Significant Accounting Policies

The principal accounting policies applied by the Bank in the preparation of these financial statements are
presented below. These policies have been consistently applied to all the years presented unless stated
otherwise.

3.1 Basis of Measurement

The financial statements are prepared on the historical-cost basis except for the following material items in the
statement of financial position:
 Investment property is measured initially at cost and subsequently at Fair value.
 Liabilities for cash-settled, share-based-payment arrangements are measured at fair value.
 Derivative financial instruments are measured at fair value.
 Defined benefit schemes, surpluses and deficits are measured at fair value.
 Impairment of financial asset is measured at fair value and related disposal cost.

^) cf}+ jflif{s k|ltj]bg 33

 Estimates and underlying assumptions are reviewed on an ongoing basis and are based on historical experience
and other factors, including expectations of future events that are believed to be reasonable under the
circumstances. Actual results could differ from those estimates. The estimates and judgements used in the
preparation of the financial statements are continuously evaluated by the Bank. Any revisions to accounting
estimates are recognised prospectively in the period in which the estimates are revised and in the future periods.
The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are
significant to the financial statements are disclosed in notes that follow.
Materiality and Aggregation
In compliance with NFRS 1 - Presentation of Financial Statements, each material class of similar items is
presented separately in the financial Statements. Items of dissimilar nature or functions are presented separately
unless they are material. Such presentation of line items is consistent with the format issued by NRB.

3.2 Basis of consolidation

The Bank does not have any subsidiaries or special purpose entities over which it exercises control. Hence, only
standalone financial statement is prepared.

3.3 Cash and cash equivalent

Cash and cash equivalents include cash at vault and money at call and short notice, unrestricted balances with
NRB, which are subject to an insignificant risk of changes in value including interest receivable on investment
with maturity up to 3 month or less. Cash and Cash equivalent are measured at amortized cost in the statement
of financial position.
Statement of Cash Flows has been prepared by using the „Direct Method‟ in accordance with NAS 07-
Statement of Cash Flows.

3.4 Financial assets and financial liabilities

Recognition
The Bank initially recognizes a financial asset or a financial liability in its statement of financial position when,
and only when, it becomes party to the contractual provisions of the instrument. The Bank initially recognize
loans and advances, deposits; and debt securities/ subordinated liabilities issued on the date that they are
originated which is the date that the Bank becomes party to the contractual provisions of the instruments.
Investments in equity instruments, bonds, debenture, Government securities, NRB bond or deposit auction,
reverse repos, outright purchase are recognized on trade date at which the Bank commits to purchase/ acquire
the financial assets. Regular way purchase and sale of financial assets are recognized on trade date. All financial
assets and liabilities are initially recognised at their cost value and are subsequently presented as per NFRS
based on the respective classification.

Classification
i. Financial Assets
The Bank classifies the financial assets as subsequently measured at amortized cost or fair value on the basis of
the Bank‟s business model for managing the financial assets and the contractual cash flow characteristics of the
financial assets. The two classes of financial assets are as follows:
1. Financial assets measured at amortized cost
The Bank classifies a financial asset measured at amortized cost if both of the following conditions are
met:
a) The asset is held within a business model whose objective is to hold assets in order to collect
contractual cash flows and

34 ^) cf}+ jflif{s k|ltj]bg

 b) The contractual terms of the financial asset give rise on specified dates to cash flows that are solely
payments of principal and interest on the principal amount outstanding.
2. Financial asset measured at fair value
Financial assets other than those measured at amortized cost are measured at fair value. Financial assets
measured at fair value are further classified into two categories as below:
a) Financial assets at fair value through profit or loss
Financial assets are classified as fair value through profit or loss (FVTPL) if they are held for trading
or are designated at fair value through profit or loss. Upon initial recognition, transaction costs are
directly attributable to the acquisition are recognized in profit or loss as incurred. Such assets are
subsequently measured at fair value and changes in fair value are recognized in Statement of Profit or
Loss.

b) Financial assets at fair value through other comprehensive income

Investment in an equity instrument that is not held for trading and at the initial recognition, the Bank
makes an irrevocable election that the subsequent changes in fair value of the instrument is to be
recognized in other comprehensive income are classified as financial assets at fair value though other
comprehensive income. Such assets are subsequently measured at fair value and changes in fair value
are recognized in other comprehensive income.

ii. Financial Liabilities

The Bank classifies the financial liabilities as follows:

a) Financial liabilities at fair value through profit or loss

Financial liabilities are classified as fair value through profit or loss (FVTPL) if they are held for
trading or are designated at fair value through profit or loss. Upon initial recognition, transaction cost
is directly attributable to the acquisition are recognized in Statement of Profit or Loss as incurred.
Subsequent changes in fair value is recognized at profit or loss

b) Financial liabilities measured at amortized cost

All financial liabilities other than measured at fair value though profit or loss are classified as
subsequently measured at amortized cost using effective interest method.
Measurement
Financial assets at FVTOCI
On initial recognition, the Bank can make an irrevocable election (on an instrument-by instrument basis) to
present the subsequent changes in fair value in other comprehensive income pertaining to investments in equity
instruments. This election is not permitted if the equity investment is held for trading. These elected investments
are initially measured at fair value. Subsequently, they are measured at fair value with gains and losses arising
from changes in fair value recognised in other comprehensive income and accumulated in the „Fair Value
Reserve‟. The cumulative gain or loss is not reclassified to Statement of Profit and Loss on disposal of the
investments.
A financial asset is held for trading if:
 it has been acquired principally for the purpose of selling it in the near term; or
 on initial recognition it is part of a portfolio of identified financial instruments that the Company manages
together and has a recent actual pattern of short-term profit-taking; or
 it is a derivative that is not designated and effective as a hedging instrument or a financial guarantee.
Dividends on these investments in equity instruments are recognised in Statement of Profit and Loss when the
Bank‟s right to receive the dividends is established, it is probable that the economic benefits associated with the
dividend will flow to the entity, the dividend does not represent a recovery of part of cost of the investment and
the amount of dividend can be measured reliably. Dividends recognised in Statement of Profit and Loss are
included in the „Other income‟ line item.

^) cf}+ jflif{s k|ltj]bg 35

 Financial assets at fair value through profit or loss (FVTPL)
Investments in equity instruments are classified as at FVTPL, unless the Bank irrevocably elects on initial
recognition to present subsequent changes in fair value in other comprehensive income for investments in equity
instruments which are not held for trading.
Debt instruments that do not meet the amortised cost criteria or FVTOCI criteria (see above) are measured at
FVTPL. In addition, debt instruments that meet the amortised cost criteria or the FVTOCI criteria but are
designated as at FVTPL are measured at FVTPL.
A financial asset that meets the amortised cost criteria or debt instruments that meet the FVTOCI criteria may be
designated as at FVTPL upon initial recognition if such designation eliminates or significantly reduces a
measurement or recognition inconsistency that would arise from measuring assets or liabilities or recognising
the gains and losses on them on different bases.
Financial assets at FVTPL are measured at fair value at the end of each reporting period, with any gains or
losses arising on re-measurement recognised in Statement of Profit and Loss. The net gain or loss recognised in
Statement of Profit and Loss incorporates any dividend or interest earned on the financial asset and is included
in the „Other income‟ line item. Dividend on financial assets at FVTPL is recognised when the Bank‟s right to
receive the dividends is established, it is probable that the economic benefits associated with the dividend will
flow to the entity, the dividend does not represent a recovery of part of cost of the investment and the amount of
dividend can be measured reliably.

Financial liabilities at FVTPL

Financial liabilities are classified as at FVTPL when the financial liability is held for trading or is designated as
at FVTPL.
A financial liability is classified as held for trading if:
 it has been incurred principally for the purpose of repurchasing it in the near term; or
 on initial recognition it is part of a portfolio of identified financial instruments that the Company manages
together and has a recent actual pattern of short-term profit-taking; or
 it is a derivative that is not designated and effective as a hedging instrument
A financial liability other than a financial liability held for trading may be designated as at FVTPL upon initial
recognition if:
 such designation eliminates or significantly reduces a measurement or recognition inconsistency that would
otherwise arise;
 the financial liability forms part of a company of financial assets or financial liabilities or both, which is
managed and its performance is evaluated on a fair value basis, in accordance with the Company‟s
documented risk management or investment strategy, and information about the Company is provided
internally on that basis; or
 it forms part of a contract containing one or more embedded derivatives, and NFRS 9 permits the entire
combined contract to be designated as at FVTPL in accordance with NFRS 9
Financial liabilities at FVTPL are stated at fair value, with any gains or losses arising on re-measurement
recognised in Statement of Profit and Loss. The net gain or loss recognized in Statement of Profit and Loss
incorporates any interest paid on the financial liability and is included in the „Other income‟ line item.
However, for non-held-for-trading financial liabilities that are designated as at FVTPL, the amount of change in
the fair value of the financial liability that is attributable to changes in the credit risk of that liability is
recognised in other comprehensive income, unless the recognition of the effects of changes in the liability‟s
credit risk in other comprehensive income would create or enlarge an accounting mismatch in profit or loss, in
which case these effects of changes in credit risk are recognised in Statement of Profit and Loss. The remaining
amount of change in the fair value of liability is always recognised in Statement of Profit and Loss. Changes in
fair value attributable to a financial liability‟s credit risk that are recognised in other comprehensive income are
reflected immediately in retained earnings and are not subsequently reclassified to Statement of Profit and Loss.

36 ^) cf}+ jflif{s k|ltj]bg

 Financial liabilities subsequently measured at amortised cost
Financial liabilities that are not held-for-trading and are not designated as at FVTPL are measured at amortised
cost at the end of subsequent accounting periods. The carrying amounts of financial liabilities that are
subsequently measured at amortised cost are determined based on the effective interest method. Interest expense
that is not capitalised as part of costs of an asset is included in the „Finance Expenses‟ line item.
The effective interest method is a method of calculating the amortised cost of a financial liability and of
allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts
estimated future cash payments (including all fees paid or received that form an integral part of the effective
interest rate, transaction costs and other premiums or discounts) through the expected life of the financial
liability, or (where appropriate) a shorter period, to the net carrying amount on initial recognition.

De-recognition
i. De-recognition of financial assets
The Bank derecognizes a financial asset when the contractual rights to the cash flows from the financial asset
expire, or when it transfers the financial asset in a transaction in which substantially all the risks and rewards of
ownership of the financial asset are transferred or in which the Bank neither transfers nor retains substantially
all the risks and rewards of ownership and it does not retain control of the financial asset.
Any interest in such transferred financial assets that qualify for de-recognition that is created or retained by the
Bank is recognized as a separate asset or liability. On de-recognition of a financial asset, the difference between
the carrying amount of the asset, and the sum of
(i) The consideration received and
(ii) Any cumulative gain or loss that had been recognized in other comprehensive income is recognized in
retained earnings.
The Bank enters into transactions whereby it transfers assets recognized on its Statement of Financial Position,
but retains either all or substantially all of the risks and rewards of the transferred assets or a portion of them. If
all or substantially all risks and rewards are retained, then the transferred assets are not derecognized. Transfers
of assets with retention of all or substantially all risks and rewards include, for example repurchase transactions.
ii. De-recognition of financial liabilities
A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expired.
Where an existing financial liability is replaced by another from the same lender on substantially different
terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated
as a de-recognition of the original liability and the recognition of a new liability. The difference between the
carrying value of the original financial liability and the consideration paid is recognized in Statement of Profit or
Loss.
Determination of fair value
„Fair value‟ is the price that would be received to sell an asset or paid to transfer a liability (exit price) in an
orderly transaction between market participants at the measurement date in the principal or, in its absence, the
most advantageous market to which the Group has access at that date. The fair value of a liability reflects its
non-performance risk.
When available, the Bank measures the fair value of an instrument using the quoted price in an active market for
that instrument. A market is regarded as active if transactions for the asset or liability take place with sufficient
frequency and volume to provide pricing information on an ongoing basis. If there is no quoted price in an
active market, then the Bank uses valuation techniques that maximize the use of relevant observable inputs and
minimize the use of unobservable inputs. The chosen valuation technique incorporates all of the factors that
market participants would take into account in pricing a transaction.
The fair value measurement hierarchy is as follows:

^) cf}+ jflif{s k|ltj]bg 37

 Level 1 fair value measurements are those derived from unadjusted quoted prices in active markets for identical
assets or liabilities.
Level 2 valuations are those with quoted prices for similar instruments in active markets or quoted prices for
identical or similar instruments in inactive markets and financial instruments valued using models where all
significant inputs are observable.
Level 3 portfolios are those where there are unobservable inputs of the instruments. The inputs are not based on
observable market data.
The best evidence of the fair value of a financial instrument at initial recognition is normally the transaction
price i.e. the fair value of the consideration given or received. If the Bank determines that the fair value at initial
recognition differs from the transaction price and the fair value is evidenced neither by a quoted price in an
active market for an identical asset or liability (Level 01 valuation) nor based on a valuation technique that uses
only data from observable markets (Level 02 valuation), then the financial instrument is initially measured at
fair value, adjusted to defer the difference between the fair value at initial recognition and the transaction price.
Subsequently, that difference is recognized in profit or loss on an appropriate basis over the life of the
instrument but not later than when the valuation is wholly supported by observable market data or the
transaction is closed out. In case the fair value is evidenced by a quoted price in an active market for an identical
asset or liability (Level 01 valuation), the difference between the transaction price and fair value is recognized in
profit or loss immediately.
Impairment
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 profit or loss are impaired. A financial asset or a group of
financial assets is impaired when objective evidence demonstrates that a loss event has occurred after the initial
recognition of the asset(s), and that the loss event has an impact on the future cash flows of the asset(s) that can
be estimated reliably.
Objective evidence that financial assets are impaired can include significant financial difficulty of the borrower
or issuer, default or delinquency by a borrower, restructuring of a loan or advance by the Bank on terms that the
Bank would not otherwise consider, indications that a borrower or issuer will enter bankruptcy, the
disappearance of an active market for a security, or other observable data relating to a group of assets such as
adverse changes in the payment status of borrowers or issuers in the group, or economic conditions that
correlate with defaults in the group. In addition, for an investment in an equity security, a significant or
prolonged decline in its fair value below its cost is objective evidence of impairment.
In case of financial difficulty of the borrower, the Bank considers to restructure loans rather than take possession
of collateral. This may involve extending the payment arrangements and agreement of new loan conditions.
Once the terms have been renegotiated, any impairment is measured using the EIR method and the loan is no
longer considered past due. Management continually reviews renegotiated loans to ensure that all criteria are
met and that future payments are likely to occur. The loans continue to be subject to an individual or collective
impairment assessment, calculated using the loan‟s original EIR.
Impairment of financial assets measured at amortized cost
The Bank considers evidence of impairment for loans and advances measured at amortized cost at both specific
asset and collective level. The Bank first assesses individually whether objective evidence of impairment exists
for financial assets that are individually significant and that are not individually significant are assessed on
collectively.
If there is objective evidence on that an impairment loss has been incurred, the amount of the loss is measured
as the difference between the asset‟s carrying amount and the present value of estimated future cash flows. The
carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is
recognized in profit or loss. Interest income continues to be accrued on the reduced carrying amount and is
accrued using the rate of interest used to discount the future cash flows for the purpose of measuring the
impairment loss.
Impairment of loans and advances portfolios are based on the judgments in past experience of portfolio
behaviour. In assessing collective impairment, the Bank uses historical trends of the probability of default, the
timing of recoveries and the amount of loss incurred, adjusted for management‟s judgment as to whether current

38 ^) cf}+ jflif{s k|ltj]bg

 economic and credit conditions are such that the actual losses are likely to be greater or less than suggested by
historical trends. Default rates, loss rates and the expected timing of future recoveries are regularly benchmarked
against actual outcomes to ensure that they remain appropriate.
Loans together with the associated allowance are written off when there is no realistic prospect of future
recovery and all collateral has been realized or has been transferred to the Bank. If in a subsequent year, the
amount of the estimated impairment loss increases or decreases because of an event occurring after the
impairment was recognized, the previously recognized impairment loss is increased or reduced by adjusting the
allowance account. If a write off is later recovered, the recovery is recognized in the „Non-operating income‟.
3.5 Trading assets
Interest income on all trading assets are considered to be incidental to the Bank‟s trading operations and are
presented together with all other changes in fair value of trading assets and liabilities in net trading income.
Interest expense on all trading liabilities are considered to be incidental to the Bank‟s trading operations and are
presented together with all other changes in fair value of trading assets and liabilities in net trading income.
3.6 Derivatives assets and derivative liabilities
For designated and qualifying fair value hedges, the cumulative change in the fair value of a hedging derivative
is recognised in the income statement in Net trading income. Meanwhile, the cumulative change in the fair value
of the hedged item attributable to the risk hedged is recorded as part of the carrying value of the hedged item in
the statement of financial position and is also recognised in the income statement in Net trading income.
If the hedging instrument expires or is sold, terminated or exercised, or where the hedge no longer meets the
criteria for hedge accounting, the hedge relationship is discontinued prospectively. For hedged items recorded at
amortised cost, the difference between the carrying value of the hedged item on termination and the face value is
amortised over the remaining term of the original hedge using the recalculated EIR method. If the hedged item
is derecognised, the unamortised fair value adjustment is recognised immediately in the income statement.
3.7 Property and Equipment
a) Recognition and Measurement
Property and Equipment are recognized if it is probable that future economic benefits associated with the assets
will flow to the Bank and the cost of the asset can be reliably measured. The cost includes expenditures that are
directly attributable to the acquisition of the assets. Cost of self-constructed assets includes followings:
 Cost of materials and direct labour;
 Any other cost directly attributable to bringing the assets to the working condition for their intended use; and
 Capitalized borrowing cost
Property and equipment are measured at cost (for land using deemed cost at on the transition date) less
accumulated depreciation and accumulated impairment loss if any. Neither class of the property and equipment
are measured at revaluation model nor is their fair value measured at the reporting date.
Subsequent expenditure is capitalized if it is probable that the future economic benefits from the expenditure
will flow to the entity. Ongoing repairs and maintenance to keep the assets in working condition are expensed as
incurred.
Any gain or losses on de-recognition of an item of property and equipment is recognized in profit or loss.
b) Capital work in progress
Assets in the course of construction are capitalised in the assets under capital work in progress account
(CWIP). At the point when an asset is capable of operating at management‟s intended use, the cost of
construction is transferred to the appropriate category of property, plant and equipment and depreciation
commences. Where an obligation (legal or constructive) exists to dismantle or remove an asset or restore a
site to its former condition at the end of its useful life, the present value of the estimated cost of dismantling,
removing or restoring the site is capitalized along with the cost of acquisition or construction upon
completion and a corresponding liability is recognized.

^) cf}+ jflif{s k|ltj]bg 39

 c) Depreciation
Property and equipments are depreciated from the date they are available for use on property on written
down value method over estimated useful lives as determined by the Management. Depreciation is
recognized in profit or loss. Land is not depreciated. Charging of depreciation is ceased from the earlier of
the date from which the asset is classified as held for sale or is derecognized.
The estimated useful lives of significant items of property and equipment for current year and comparative
periods are as follows:

Class of Assets Useful Life Rate of Depreciation

Building 20 years 5%

Leasehold Properties As per lease agreement Amortized over lower of lease

(maximum to 10 years) period or useful life.

Computer and Accessories 4 years 25%

Vehicles 5 years 20%

Furniture and fixture 4 years 25%

Equipment and Others 6.66 years 15%

 Assets costing less than Rs. 2,000 are fully depreciated in the year of purchase. For assets
purchased/sold during the year.

3.8 Goodwill / Intangible assets

Intangible assets with finite useful lives that are acquired separately are carried at cost less accumulated
amortisation and accumulated impairment losses.
Intangible assets with indefinite useful lives are tested for impairment annually either individually or at the cash
generating unit level. Such intangibles are not amortised. The useful life of an intangible asset with an indefinite
life is reviewed annually to determine whether indefinite life assessment continues to be supportable. If not, the
change in the useful life assessment from indefinite to finite is made on a prospective basis.
The intangible asset with finite useful lives are amortised over the useful economic life and assessed for
impairment whenever there is an indication that the intangible asset may be impaired. The amortisation period
and the amortisation method for an intangible asset with a finite useful life are reviewed at least at each financial
year end. Changes in the expected useful life or the expected pattern of consumption of future economic benefits
embodied in the asset are accounted for by changing the amortisation period or method, as appropriate, and are
treated as changes in accounting estimates. The amortisation expense on intangible assets with finite lives is
recognised in the statement of profit or loss.
Gains or losses arising from de-recognition of an intangible asset are measured as the difference between the net
disposal proceeds and the carrying amount of the asset and are recognised in the statement of profit or loss when
the asset is derecognised.
Certain computer software costs are capitalized and recognised as intangible assets based on materiality,
accounting prudence and significant benefits expected to flow therefrom for a period longer than one year.
The estimated useful lives of significant items of intangible assets for current year and comparative periods are
as follows:
Class of Assets Useful Life Rate of Depreciation
Computer software 5 years 20%

40 ^) cf}+ jflif{s k|ltj]bg

3.9 Investment Property
Investment property is the land or building or both held either for rental income or for capital appreciation or for
both, but not for sale in ordinary course of business and owner-occupied property. The Bank holds investment
property that has been acquired through the enforcement of security over the loan and advances.
Investment properties are measured initially at cost, including transaction costs. The carrying amount includes
the cost of replacing part of an existing investment property at the time that cost is incurred. If the recognition
criteria are met; and excludes the costs of day-to-day servicing of an investment property. Subsequent to initial
recognition, investment properties are stated at fair value, which reflects market conditions at the reporting date.
Gains or losses arising from changes in the fair values of investment properties are included in the income
statement in the year in which they arise.
Investment properties are derecognised either when they have been disposed of, or when the investment
property is permanently withdrawn from use and no future economic benefit is expected from its disposal. Any
gains or losses on the retirement or disposal of an investment property are recognised in the income statement in
the year of retirement or disposal.
3.10 Income tax
The Company is subject to tax laws of Nepal. Income Taxes have been calculated as per the provisions of the
Income Tax Act, 2058. Deferred tax is recorded on temporary differences between the tax bases of assets and
liabilities and their carrying amounts, at the rates that have been enacted or substantively enacted at the
reporting date. The ultimate realisation of deferred tax assets is dependent upon the generation of future taxable
profits during the periods in which those temporary differences and tax law carry-forwards become deductible.
The Bank considers the expected reversal of deferred tax liabilities and projected future taxable income making
this assessment. The amount of the deferred tax assets considered realisable, however, could be reduced in the
near term if estimates of future taxable income during the carry-forward period are reduced.
Income tax comprises current and deferred tax. Income tax expense is recognised in the statement of profit and
loss except to the extent it relates to items directly recognised in equity or in other comprehensive income.
Current Tax
Current tax is the amount of tax payable based on the taxable profit for the year. Taxable profit differs from
„profit before tax‟ as reported in the statement of profit and loss because of items of income or expense that are
taxable or deductible in other years and items that are never taxable or deductible.
Current income tax assets and liabilities for the current period are measured at the amount expected to be
recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are
those that are enacted or substantively enacted by the reporting date in the countries where the Bank operates
and generates taxable income. Current income tax assets and liabilities also include adjustments for tax expected
to be payable or recoverable in respect of previous periods.
Deferred Tax
Deferred tax is recognised on temporary differences arising between the carrying amounts of assets and
liabilities for financial reporting purposes and the amounts used for taxation purposes.
Deferred tax is determined using tax rates (and laws) enacted or substantively enacted at the reporting date and
that are expected to apply when the related deferred tax asset is realised or the deferred tax liability is settled.
Deferred tax assets are reviewed at each reporting date and reversed if it is no longer probable that the related
tax benefits will be realised. The measurement of deferred tax reflects the tax consequences that would follow
from the manner in which the Bank expects, at the reporting date, to recover or settle the carrying amount of its
assets and liabilities.
Deferred tax assets are recognised for all deductible temporary differences, carry forward of unused tax credits
and unused tax losses, to the extent that it is probable that taxable profit will be available against which the
deductible temporary differences, and the carry forward of unused tax credits and unused tax losses can be
utilised except:

^) cf}+ jflif{s k|ltj]bg 41

 i. Where the deferred tax asset relating to the deductible temporary difference arises from the initial
recognition of an asset or liability in a transaction that is not a business combination and, at the time of the
transaction, affects neither the accounting profit nor taxable profit or loss.
ii. In respect of deductible temporary differences associated with investments in subsidiaries, associates and
interests in joint ventures, deferred tax assets are recognised only to the extent that it is probable that the
temporary differences will reverse in the foreseeable future and taxable profit will be available against
which the temporary differences can be utilised.
Deferred tax relating to items recognised in OCI is recognised in OCI. Deferred tax items are recognised in
correlation to the underlying transaction either in other comprehensive income or directly in equity.
Deferred tax assets and deferred tax liabilities are offset, if a legally enforceable right exists to set off current tax
assets against current income tax liabilities and the deferred taxes relate to the same taxable entity and the same
taxation authority.
3.11 Deposits, debt securities issued and subordinated liabilities
Bank deposits consist of money placed into the Bank by its customers. These deposits are made to deposit
accounts such as fixed deposit accounts, savings accounts, margin deposit accounts, call deposit accounts and
current accounts. Details and further disclosures about deposits have been explained in Note that follows.
3.12 Provisions
Provisions are recognised when the Company has a present legal or constructive obligation as a result of a past
event, when it is probable that an outflow of resources will be required to settle the obligation and when the
amount can be reliably estimated.
The amount recognised as a provision is the best estimate of the consideration required to settle the present
obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the
obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its
carrying amount is the present value of those cash flows (when the effect of the time value of money is
material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a
third party, a receivable is recognised as asset if it is virtually certain that reimbursement will be received and
the amount of the receivable can be measured reliably.
A disclosure for contingent liabilities is made where there is:
 a possible obligation that arises from past events and whose existence will be confirmed only by the
occurrence or non-occurrence of one or more uncertain future events not wholly within the control of
the entity; or
 present obligation that arises from past events but is not recognized because:
o it is not probable that an outflow of resources embodying economic benefits will be required to
settle the obligation; or
o the amount of the obligation cannot be measured with sufficient reliability.
A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by
the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the
entity.
Commitments include the amount of purchase order (net of advances) issued to parties for completion of assets.
Provisions, contingent liabilities, contingent assets and commitments are reviewed at each reporting period.
Provisions for onerous contracts are recognized when the expected benefits to be derived by the Company from
a contract are lower than the unavoidable costs of meeting the future obligations under the contract.
3.13 Revenue Recognition
Revenue comprises of interest income, fees and commission, foreign exchange income, cards income, disposal
income etc. Revenue is recognized to the extent it is probable that the economic benefits will flow to the Bank
and the revenue can be reliably measured. Revenue is not recognized during the period in which its
recoverability of income is not probable. The bases of incomes recognition are as below:

42 ^) cf}+ jflif{s k|ltj]bg

Interest income
i. Interestincome are recognised under accrual basis in the profit or loss for all interest-bearing financial
instruments.
ii. The bank has recognised interest income on loans and advances as per the guidelines prescribed by Nepal
Rastra Bank through NRB Circular number 1 dated 2076/04/10.
Interest income presented in statement of profit and loss includes:
 Interest income on financial assets measured at amortized cost calculated on an effective interest rate
method. These financial assets include loans and advances including staff loans, investment in government
securities, investment in corporate bonds, investment in NRB Bond and deposit instruments, reverse repos,
inter banking lending etc.
 Interest on investment securities measured at fair value, calculated on effective interest rate.
 Income on discounted instruments like bills purchased, documents negotiation is recognized over the period
of discounting on accrual basis using effective interest rate.
Interest income on all trading assets are considered to be incidental to the Bank‟s trading operations and are
presented together with all other changes in fair value of trading assets and liabilities in net trading income.
NFRS Requirement
NFRS requires interest income to be recognised using the effective interest method, except for those classified
at fair value through profit or loss. The effective interest method is a method of calculating the amortised cost
of a financial asset and of allocating the interest income over the expected life of the financial instrument. The
effective interest rate is the rate that exactly discounts the estimated future cash payments or receipts over the
expected life of the financial instrument or, when appropriate, a shorter period, to the net carrying amount of
the financial asset or financial liability. The effective interest rate is calculated on initial recognition of the
financial asset or liability by estimating the future cash flows after considering all the contractual terms of the
instrument but not future credit losses. The calculation includes all amounts expected to be paid or received by
the Bank including expected early redemption fees and related penalties and premiums and discounts that are
an integral part of the overall return. Direct incremental transaction costs related to the acquisition, issue or
disposal of financial instruments is also taken into account in the calculation. Once financial asset or a group
of similar financial assets has been written down as a result of an impairment loss, interest income is
recognised using the rate of interest used to discount the future cash flows for the purpose of measuring the
impairment loss.
Carve-out for Effective Interest Rate (EIR) method
The bank has availed the carve-out for interest income recognition by applying the rate implicit on individual
products. Considering the amount of renewal and initial service fees that the bank charges on the loans and
advances (which is in negligible figure), applying EIR method would not be practical and cost effective.
Hence, initial service fees and renewal charges have been recognised during the period when such income
accrue rather than being included within the component of interest income under EIR method.

Fee and commission income

Fees and commission income that are integral to the effective interest rate on a financial asset are included in
measurement of effective interest rate. Other fees and commission income including management fee, service
charges, syndication fee, forex transaction commission, commission of issue of letter of credit and guarantee are
recognized as the related services are performed.
Dividend income
Dividend on investment in resident company is recognized when the right to receive payment is established.
Dividend income are presented in net trading income, net income from other financial instruments at fair value
through profit or loss or other revenue based on the underlying classification of the equity instruments.

Net trading income

Results arising from trading activities include all gains and losses from changes in fair value and related interest
income or expense and dividends for financial assets and financial liabilities held for trading. This includes any

^) cf}+ jflif{s k|ltj]bg 43

 ineffectiveness recorded in hedging transactions. Net trading income also includes gain on foreign exchange
transaction.

Net income from other financial instrument at fair value through Profit or Loss
Financial assets and financial liabilities classified in this category are those that have been designated by
management upon initial recognition. Management may only designate an instrument at fair value through profit
or loss upon initial recognition when the following criteria are met, and designation is determined on an
instrument-by-instrument basis:
 The designation eliminates or significantly reduces the inconsistent treatment that would otherwise arise
from measuring the assets or liabilities or recognising gains or losses on them on a different basis.
 The assets and liabilities are part of a group of financial assets, financial liabilities or both, which are
managed and their performance evaluated on a fair value basis, in accordance with a documented risk
management or investment strategy.
 The financial instrument contains one or more embedded derivatives, which significantly modify the cash
flows that would otherwise be required by the contract. 

Financial assets and financial liabilities at fair value through profit or loss are recorded in the statement of
financial position at fair value. Changes in fair value are recorded in Net gain or loss on financial assets and
liabilities designated at fair value through profit or loss is recognised in statement of Profit or Loss. Interest
earned or incurred is accrued in Interest income or Interest expense, respectively, using the effective interest rate
(EIR), while dividend income is recorded in Other operating income when the right to the payment has been
established.

3.14 Interest expense

Interest expense on all financial liabilities including deposits are recognized in profit or loss using effective
interest rate method. Interest expense on all trading liabilities are considered to be incidental to the Bank‟s
trading operations and are presented together with all other changes in fair value of trading assets and liabilities
in net trading income.

3.15 Employees Benefits

a) Short Term Employee Benefits
Short term employee benefit obligations are measured on an undiscounted basis and are expensed as the related
service is provided. A liability is also recognized for the amount expected to be paid under bonus required by
the prevailing Bonus Act pay the amount as a result of past service provided by the employee and the obligation
can be estimated reliably under short term employee benefits.
Short-term employee benefits include all the following items (if payable within 12 months after the end of the
reporting period):

 wages, salaries and social security contributions;

 paid annual leave and paid sick leave;
 non-monetary benefits
b)

c) Post-Employment Benefit Plan

Post-employment benefit plan includes followings:
i. Defined Contribution Plan
A defined contribution plan is a post-employment benefit plan under which an entity pays a fixed
contribution to a separate entity and has no legal or constructive obligation to pay future amounts.
Obligations for contributions to defined contribution plans are recognized as personnel expense in profit or
loss in the periods during which the related service are rendered by employees. Pre-paid contributions are
recognized as an asset to the extent that cash refund or reduction in future payments is available.
Contributions to a defined contribution plan being due for more than 12 months after the end of the period

44 ^) cf}+ jflif{s k|ltj]bg

 in which the employee render the service are discounted at their present value. The following are the defined
contribution plan provided by the Bank to its employees:

a) Employees Provident Fund

In accordance with law, all employees of the Bank are entitled to receive benefits under the provident fund,
a defined contribution plan in which both the employee and the Bank contribute monthly at a pre-
determined rate (currently, 10% of the basic salary plus grades). Bank does not assume any future liability
for provident fund benefits other than its annual contribution.

ii. Defined Benefit Plan

The Bank provides Pension & Gratuity Plan, Retirement Plan and Leave Encashment Plan (in terms of
Annual Leave and Sick Leave) as defined benefits to its employees. These benefits are post-employment
benefit plans and are paid based on length of service. These benefit plans are funded whereas the Bank
makes earmark investment of these funds. The gratuity plan provides for lump sum payments to vested
employees at retirement or upon death while in employment or on termination of employment for an
amount equivalent defined days‟ eligible salary payable for each completed year of service.
The pension plan provides for lump sum payments to vested employees at retirement or equated payment
till death of the employee (and half thereafter to the spouse of the employee). Further, employees of the
Bank are entitled to avail Annual Leave and Sick Leave. The employees can carry forward the un-availed
leave and are entitled to encash the cumulative leave at the time of the retirement. The obligation under
these plans are calculated by a qualified actuary every year using projected unit credit method.
The following are the defined benefit plans provided by the Bank to its employees:

a) Gratuity
Bank provides for gratuity on accrual basis covering eligible employees in terms of Employee Service
Byelaws of the Bank. The plan provides for lump sum payments to vested employees at retirement or upon
death while in employment or on termination of employment for an amount equivalent defined days‟
eligible salary payable for each completed years of service. The Bank accounts for the liability for gratuity
as per the actuarial valuation.

b) Leave Salary
The employees of the Bank are entitled to carry forward a part of their unavailed / unutilized leave subject
to a maximum limit. The employees can encash unavailed/ unutilized leave partially in terms of Employee
Service Byelaws of the Bank. The Bank accounts for the liability for accumulated leave as per the actuarial
valuation.

d) Termination Benefits
Termination benefits are recognized as expense when the Bank is demonstrably committed, without realistic
possibility of withdrawal, to a formal plan to provide termination benefits to employees as a result of an
offer made to encourage voluntary redundancy. Termination benefits are recognized if the Banks made an
offer for voluntary redundancy, it is probable that the offer will be accepted and the number of acceptances
can be measured reliably. If the benefits are payable in more than 12 months after the reporting date, they
are discounted to their present value.

3.16 Leases
The determination of whether an arrangement is a lease, or contains a lease, is based on the substance of the
arrangement at the inception date and requires an assessment of whether the fulfilment of the arrangement is
dependent on the use of a specific asset or assets and the arrangement conveys a right to use the asset, even if
that right is not explicitly specified in an arrangement.
The Bank as a Lessee:
Finance leases that transfer to the Bank substantially all of the risks and benefits incidental to ownership of the
leased item, are capitalised at the commencement of the lease at the fair value of the leased property or, if lower,

^) cf}+ jflif{s k|ltj]bg 45

 at the present value of the minimum lease payments. Lease payments are apportioned between finance charges
and reduction of the lease liability so as to achieve a constant rate of interest on the remaining balance of the
liability. Finance charges are recognised in Finance cost in the income statement.
Leased assets are depreciated over the useful life of the asset. However, if there is no reasonable certainty that
the Bank will obtain ownership by the end of the lease term, the asset is depreciated over the shorter of the
estimated useful life of the asset and the lease term.
Leases that do not transfer to the Bank substantially all the risks and benefits incidental to ownership of the
leased items are operating leases. Operating lease payments are recognised as an expense in the income
statement on a straight-line basis over the lease term. Where the rentals are structured solely to increase in line
with expected general inflation to compensate for the lessor‟s expected inflationary cost increases, such
increases are recognised in the year in which such benefits accrue. Contingent rentals are recognised as an
expense in the period in which they are incurred.
The Bank as a lessor
Leases in which the Bank does not transfer substantially all of the risks and benefits of ownership of the asset
are classified as operating leases. Initial direct costs incurred in negotiating an operating lease are added to the
carrying amount of the leased asset and recognised over the lease term on the same bases as rental income.
Contingent rents are recognised as revenue in the period in which they are earned.
In para 33, lease payments under an operating lease shall be recognized as an expense on a straight-line basis
over the lease term unless either:
(a) Another systematic basis is more representative of the time pattern of the user‟s benefit even if the payments
to the lessors are not on that basis; or
(b) The payments to the lessor are structured to increase in line with expected general inflation to compensate
for the lessor‟s expected inflationary cost increases. If payments to the lessor vary because of factors other than
general inflation, then this condition is not met.
Bank operates its branches and ATMs in number of leased facilities under operating lease agreements.
Operating lease rentals payable are charged to the profit and loss on a straight-line basis over the period of the
lease.

3.17 Foreign Currency Translation

The items included in the financial statements of the entity are measured using the functional currency of the
Bank which is Nepalese Rupees using the exchange rates prevailing at the dates when the transactions were
affected.
Monetary assets and liabilities denominated in foreign currencies are translated into the functional currency at
the buying rate of exchange at the balance sheet date. Any resulting exchange differences are included in the
“Other Operating Income” in statement of profit or loss.
Non-monetary assets and liabilities that are measured at historical cost in a foreign currency are translated into
the functional currency using the rate of exchange at the date of initial transaction. Non-monetary item assets
and liabilities measured at fair value in a foreign currency are translated into the functional currency using the
rate of exchange at the date the fair value was determined.
Foreign exchange differences arising on settlement of monetary items is included in “Net Trading Income” in
statement of profit or loss.
3.18 Financial guarantee and loan commitment
The Bank makes available to its customers guarantees that may require that the Bank makes payments on their
behalf and enters into commitments to extend credit lines to secure their liquidity needs. Letters of credit and
guarantees (including standby letters of credit) commit the Bank to make payments on behalf of customers in
the event of a specific act, generally related to the import or export of goods. Such commitments expose the
Bank to similar risks to loans and are mitigated by the same control processes and policies.

46 ^) cf}+ jflif{s k|ltj]bg

3.19 Share capital and reserves
The Bank classifies the capital instruments as equity instruments or financial liabilities in accordance with the
substance with the contractual terms of the instruments. Equity is defined as residual interest in total assets of an
entity after deducting all its liabilities. Common shares are classified as equity of the Bank and distributions
thereon are presented in statement of changes in equity.
The Bank is required to maintain the capital adequacy ratio imposed by the regulator. The ratio is fixed at 11%
for current year and the Bank has maintained the ratio equal to 16.80%.
Incremental costs directly attributable to issue of an equity instruments are deducted from the equity.
The reserves include retained earnings and other statutory reserves such as general reserve, exchange
equalization reserve, regulatory reserve, fair value reserve, revaluation reserve and other reserves.
Regulatory reserve includes any amount derived as result of NFRS convergence with effect in retained earning
computed as per NRB Directive No. 4.

3.20 Earnings per share including diluted

Basic earnings per share is computed by dividing the profit/ (loss) for the year by the weighted average number
of equity shares outstanding during the year.
Diluted earnings per share is computed by dividing the profit/ (loss) for the year as adjusted for dividend,
interest and other charges to expense or income (net of any attributable taxes) relating to the dilutive potential
equity shares, by the weighted average number of equity shares considered for deriving basic earnings per share
and the weighted average number of equity shares which could have been issued on the conversion of all
dilutive potential equity shares. Potential equity shares are deemed to be dilutive only if their conversion to
equity shares would decrease the net profit per share from continuing ordinary operations. Potential dilutive
equity shares are deemed to be converted as at the beginning of the period, unless they have been issued at a
later date.
There have been no transactions involving ordinary shares or potential ordinary shares between the reporting
date and the date of the completion of these financial statements which would require the restatement of
earnings per share.
3.21 Segment reporting
An operating segment is a component of the Bank that engages in business activities from which it may earn
revenues and incur expenses, including revenues and expenses that relating to transactions with any of the
Bank‟s other components, whose operating results are reviewed by the management to make decision about
resource allocation to each segment and assess its performance. The Bank has classified four operating
segments as Banking, Treasury, Remittance and Government Transaction.

4 Explanatory Notes
The explanatory notes and significant disclosure relating to the financial statements are as follows:
4.1 Cash and Cash Equivalents
Cash and cash equivalents consist of the total amount of cash in hand, balances with other banks and financial
institutions, money at call and short notice.

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Cash in hand 3,664,167,819 3,943,623,971
Balance with B/FIs 637,730,707 696,267,642
Money at call and short notice 6,100,000,000 1,100,000,000
Other 17,070,579 40,990,314
Total 10,418,969,105 5,780,881,927

^) cf}+ jflif{s k|ltj]bg 47

4.2 Due from Nepal Rastra Bank
Statutory balances held with Nepal Rastra Bank for compulsory cash reserve, securities purchased from Nepal
Rastra Bank under resale agreement, other deposits with and receivables from Nepal Rastra Bank has been
presented under this account head.
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Statutory Balances with NRB 10,157,684,248 6,271,215,118
Securities Purchased under re-sale agreement - -
Other deposit and receivable from NRB 20,636,883 12,440,084
Total 10,178,321,131 6,283,655,201

4.3 Placement with Bank and Financial Institutions

Placement with domestic as well as foreign bank and financial institutions are presented under this account
head.
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Placements with domestic B/FIs - -

Placement with foreign B/FIs 5,427,675,000 2,965,493,254
Less: Allowances for Impairment - -
Total 5,427,675,000 2,965,493,254

4.4 Derivative Financial Instruments

The derivative financial instruments held by the Bank during the year are as follows.
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Held for trading

Interest rate swap - -
Currency swap - -
Forward exchange contract 5,594,624,000 3,413,128,000
Others - -
Held for risk management - -
Interest rate swap - -
Currency swap - -
Forward exchange contract - -
Others - -
Total 5,594,624,000 3,413,128,000

4.5 Other Trading Assets

There were no trading assets held by the Bank during the year.

4.6 Loan and Advances to Banks and Financial Institutions

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Loans to microfinance institutions 3,336,646,717 2,767,142,310

Other

48 ^) cf}+ jflif{s k|ltj]bg

 Less: Allowances for Impairment (33,366,467) (27,671,423)
Total 3,303,280,250 2,739,470,887

4.6.1 Impairment allowances for the loans and advances forwarded to BFIs during the year are as
follows:
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Balance at 1 Shrawan 27,671,423 21,894,598

Impairment loss for the year: 5,695,044 5,776,825
Charge for the year - -
Recoveries/reversals - -
Amount written off - -
Balance at Ashad end 33,366,467 27,671,423

4.7 Loans and advances to customers

Outstanding amount of all loans and advances extended to the customers other than BFIs as well as Bills
Purchased and discounted less the amount of impairment allowances has been presented. Loan to employees
provided according to employee bye-laws of the bank has also been presented under this head.

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Loans and advances measured at amortized
cost 95,412,020,453 78,075,485,972
Less: Impairment allowances (2,990,383,194) (2,518,975,415)
Collective Allowances (2,119,513,467) (1,798,235,397)
Individual Allowances (870,869,727) (720,740,018)
Net amount 92,421,637,259 75,556,510,557
Loans and advances measured at FVTPL - -
Total
92,421,637,259 75,556,510,557

4.7.1 Analysis of Loans and Advances- By Product

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Product
Term Loans 25,578,060,063 18,965,557,371
Overdraft 17,082,660,510 15,633,676,517
Trust receipt/Import loans 1,406,808,630 1,224,821,892
Demand and other working capital Loans 24,763,719,802 19,594,905,418
Personal residential loans 5,436,734,548 5,332,161,817
Real estate loans 3,373,204,459 3,519,206,681
Margin lending loans 4,716,327,049 1,784,480,074
Hire purchase loans 1,375,634,802 1,214,325,759
Deprived sector loans 84,094,951 28,914,485
Bills purchased 5,555,162 5,555,162
Staff loans 839,284,761 921,537,683

^) cf}+ jflif{s k|ltj]bg 49

 Others 10,498,349,838 9,561,747,988
Sub Total 95,160,434,575 77,786,890,848
Interest receivable 251,585,878 288,595,124
Grand Total 95,412,020,453 78,075,485,972

4.7.2 Analysis of Loans and advances- By Currency

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Nepalese rupee 95,293,682,049 77,753,564,026
Indian rupee - -
United State dollar 118,338,404 321,921,946
Great Britain pound - -
Euro - -
Japanese yen - -
Chinese yen - -
Other - -
Total 95,412,020,453 78,075,485,972

4.7.3 Analysis of Loans and advances- By Collateral

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Secured
Movable/immovable assets 81,742,675,606 67,237,179,239
Gold and silver 2,796,056,795 9,071,832,010
Guarantee of domestic B/FIs 1,475,125,089 400,000,000
Government Guarantee 26,783,529 11,878,496
Guarantee of International Rated bank -
Collateral of export document 756,239
Collateral of fixed deposit receipt 378,543,987 356,366,834
Collateral of Government securities 7,596,000 9,142,500
Counter Guarantee - -
Personal Guarantee - -
Other collateral 8,982,336,532 950,011,946
Subtotal 95,409,117,538 78,037,167,264
Unsecured 2,902,914 38,318,707
Grand Total 95,412,020,453 78,075,485,972

4.7.4 Allowances for Impairment

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Specific allowance for impairment
Balance at Shrawan 1 720,740,018 672,554,490
Impairment loss for the year - -
150,129,709 48,185,528
Charge for the year

50 ^) cf}+ jflif{s k|ltj]bg

 Recoveries/reversal during the year - -
Write-offs -
Exchange rate variance on foreign currency - -
Other Movement - -
Balance at Ashad end 870,869,727 720,740,018
Collective allowance for Impairment

Balance at Shrawan 1 1,798,235,397 1,932,549,709

Impairment loss for the year - -
321,278,070 (132,262,443)
Charge/(reversal) for the year
Exchange rate variance on foreign currency - -
Other movement (2,051,869)

2,119,513,467 1,798,235,397
Balance at Ashad end
Total Allowance for impairment 2,990,383,194 2,518,975,415

4.8 Investment securities

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Investment securities designated as at
FVTPL - -
Investment securities measured at
amortized cost 13,218,126,063 12,727,601,388
Investment Securities measured at
FVTOCI 3,207,607,108 3,520,172,342

Total 16,425,733,171 16,247,773,730

4.8.1 Investment securities measured at amortized cost

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Debt securities - -
Government bonds 6,215,493,727 4,215,493,727
Government treasury bills 7,002,632,336 8,512,107,661
Nepal Rastra Bank bonds
Nepal Rastra Bank deposits instruments - -
Other - -
Less: specific allowances for impairment - -
Total 13,218,126,063 12,727,601,388

4.8.2 Investment in equity

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Equity instrument
Quoted equity instrument 2,903,605,808 3,290,616,742
Unquoted equity instrument 304,001,300 229,555,600
Total 3,207,607,108 3,520,172,342

^) cf}+ jflif{s k|ltj]bg 51

 4.8.3 Information relating to investment in equities
Investment in Quoted Equity
As at 31st Ashad 2076 As at 32nd Ashad 2075
Name
Cost Fair Value Cost Fair Value
Rastriya Beema Company Ltd
(292,288 Promoter Share (Including 155,878
375,825 2,594,640,576 375,825 2,909,142,464
Bonus Shares also) of Rs. 100 each fully paid )

Grameen Bikas Laghubitta Bittiya Sanstha

Limited
190,105 Promoter Shares of Rs. 100 each fully 18,125,000 19,010,500.00 18,125,000 116,534,365
paid

Rural Microfinance Development Centre

(RMDC)
451,275 Promoter Shares (Including 6,0560 29,355,000 157,946,250 29,355,000 136,750,250
Bonus Shares also) of Rs. 100 fully Paid

Deprosc Bikas Bank Ltd

103692 Ordinary Shares (Including 53,994
4,969,800 74,865,624 4,969,800 70,699,500
Bonus Shares also) of Rs. 100 fully Paid

Gorakhkali Rubber Udhyog Ltd

1,60,000 Ordinary Shares of Rs. 75 fully paid 12,000,000 6,080,000 12,000,000 6,080,000

Nabil Equity
1,126,504 Ordinary Shares of Rs. 10 fully paid 11,265,040 10,510,282 11,265,040 11,107,329

NIBL Pragati Fund

1,027,407 Ordinary Shares of Rs. 10 fully paid 10,274,070 7,643,908 10,274,070 9,246,663

Nepal Life Insurance Company

3090 Ordinary Shares (Including 1349 Bonus
2,480,925 2,784,090 2,480,925 3,244,500
Shares also) of Rs. 100 fully paid

Siddhartha Equity Fund

967,748 Ordinary Shares of Rs. 10 fully paid 9,677,480 9,764,577 9,677,480 9,251,671

Citizen Mutual Fund

2,000,000 Ordinary Shares of Rs. 10 fully paid 20,000,000 20,360,000 20,000,000 18,560,000

Total 118,523,140 2,903,605,808 118,523,140 3,290,616,742

52 ^) cf}+ jflif{s k|ltj]bg

Investment in Unquoted Equity
As at 31st Ashad 2076 As at 32nd Ashad 2075
Name
Cost Fair Value Cost Fair Value
Rastriya Beema Sansthan

301,700 Promoter Shares (Including 298,700 331,361 30,170,000 331,361 30,170,000

Bonus Shares also) Rs. 100 each fully paid

Deposit Insurance and Credit Securities

- - - -
Corporation
Nepal Oil Corporation

2,250 Ordinary Shares (Including 750 Bonus

150,000 225,000 150,000 225,000
Shares also) of Rs. 100 each fully paid

Rastriya Utpadakatyo Tatha Arthik Bikash

Kendra
500,000 500,000 500,000 500,000
5,000 Ordinary Shares of Rs. 100 each fully
paid
Citizen Investment Trust Promoter Share

314,988 Promoter Shares (Including 147,873 662,415 31,498,800 662,415 25,805,900

Bonus Shares also) Rs. 100 each fully paid

Deprosc Bikas Bank Ltd

728,635 Promoter Shares (Including 353,713 30,890,214 72,863,500 30,890,214 66,239,500

Bonus Shares also) Rs. 100 each fully paid

Sana Kisan Bikas Bank Promoter Share

95,450 Promoter Shares (Including 49,919 3,824,284 9,545,000 3,824,284 7,636,000

Bonus Shares also) Rs. 100 each fully paid

Sajha Sewa Sahakari Santhan Limited

11 Ordinary Shares (Including 6 Bonus Share 500 1,100 500 1,100
also) of Rs. 100 each fully paid
Nepal Insurance Company Limited Promoter
Share
136,578,700 152,865,500 76,358,900 92,645,700
1,528,655 Promoter Shares (Including 162,868
Bonus Shares also) Rs. 100 each fully paid

Karja Suchana Kendra

13,724 Ordinary Shares (Including 10,194 353,000 1,372,400 353,000 1,372,400

Bonus Shares also) Rs. 100 each fully paid

Nepal Clearing House

30,000 Ordinary Shares (Including 5,000 2,500,000 3,000,000 2,500,000 3,000,000

Bonus Shares also) Rs. 100 each fully paid

National Banking Training Centre

12,000 Ordinary Shares of Rs. 100 each fully 1,200,000 1,200,000 1,200,000 1,200,000
paid
ICRA Nepal Limited 760,000 760,000 760,000 760,000

^) cf}+ jflif{s k|ltj]bg 53

 7,600 Ordinary Shares of Rs. 100 fully paid

Total 177,750,474 304,001,300 117,530,674 229,555,600

4.9 Current Tax Assets and Liabilities

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Current year income tax assets 1,550,100,890 1,410,854,528

Tax assets of prior periods 5,437,201,071 4,026,346,543

Total 6,987,301,961 5,437,201,071

Current tax Liabilities
Current year income tax liabilities 1,080,433,282 1,479,489,582
Tax Liabilities of prior periods 4,915,369,613 3,435,880,031
Total 5,995,802,895 4,915,369,613

Net Current tax assets / (Liabilities) 991,499,066 521,831,458

4.10 Investment in Subsidiaries

There was no Investment by Bank in Subsidiaries.

4.11 Investment in Associates

There was no Investment by Bank in Associates.

4.12 Investment Properties

This also includes land, land and building acquired as non-banking assets by the Bank but not sold. After The
Bank has measured Investment properties are measured at cost, however no deprecation has been charged as no
such properties has been used by the Bank. The detail of Investment properties measured at cost is as follows:

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Investment Properties measured at fair value
Balance as on Shrawan 1 - -
Addition/Disposal during the year - -
Net changes in fair value during the year
Adjustment/Transfer - -
Net Amount - -
Investment Properties measured at cost
Balance as on Shrawan 1 87,007,182.14 120,183,475
Addition/(Disposal) during the year 26,299,431.78 (33,176,293)
Adjustment/Transfer - -

Accumulated depreciation - -
Accumulated impairment loss - -
Net Amount 113,306,613.92 87,007,182
Total 113,306,613.92 87,007,182

54 ^) cf}+ jflif{s k|ltj]bg

 4.13 Property and Equipment
All assets of long-term nature (fixed) like land, building, IT equipment, fixtures and fittings, office equipment and appliances, vehicles, machinery,
leasehold developments and capital work in progress owned by the Bank has been presented under this head.
Particulars Land Building Leasehold Computer and Vehicles Furniture & Machinery Equipment & Total Total
Properties Accessories Fixture Other Assets
As at 31 Ashad As at 32nd
2076 Ashad 2075

Cost
Balance as on 31st Asadh
2075 11,074,899,664 308,444,742 56,572,727 389,765,723 218,133,941.08 353,513,350.87 276,497.00 86,210,773 - 12,487,817,417
Addition during the
Year -

Acquisition 1,830,697 22,579,331 77,684,089 67,245,915 75,350,539.89 44,337,000.10 - 28,718,066 317,745,638

Capitalization

Disposal during the year - - (36,368) (126,622) (2,562,763.31) (367,834.63) - (161,274) (3,254,862)

Adjustment/Revaluation (29,196) (5,494,388) (3,883,676) (13,208,125.07) (1,820,170.93) - 9,732,250 (14,703,306)

Balance as on 31st
Asadh 2076 11,076,730,362 330,994,876 128,726,060 453,001,339 277,713,593 395,662,345 276,497 124,499,816 12,787,604,887

Depreciation and
Impairment

As on 31st Asadh 2075 - 102,071,958 15,238,402 294,564,747 142,317,435.95 281,024,883.75 276,497.00 18,814,426 854,308,350
Impairment for the
year - -
Depreciation charge for
the Year 10,828,960.58 10,777,364.66 35,542,963.85 18,491,593.85 25,038,051.72 - 15,145,486.90 115,824,422

Disposals - -

Adjustment - -

As on Asadh end 2076 - 112,900,919 26,015,766 330,107,711 160,809,030 306,062,935 276,497 33,959,913 115,824,422 854,308,350
Capital Work in
Progress 2075.03.32 4,821,763 4,821,763
Capital Work in
Progress 2076.03.31 10,749,677 10,749,677
Net Book Value as on
31st Asadh 2075 11,074,899,664 211,194,546 41,334,325 95,200,976 75,816,505 72,488,467 - 67,396,347 11,638,330,831
Net Book Value as on

^) cf}+ jflif{s k|ltj]bg

32nd Asadh 2076 11,076,730,362 228,843,634 102,710,294 122,893,628 116,904,563 89,599,410 - 90,539,903 11,828,221,793

55
56
4.14 Goodwill and Intangible Assets
Goodwill and intangible assets like computer software both purchased and internally generated, trade mark etc. has been presented under this account head.

Particulars Goodwill Software Other Total Total

Purchased Developed As at 31st Ashad 2076 As at 32nd Ashad 2075

Cost

^) cf}+ jflif{s k|ltj]bg

Balance as on 32nd Asadh 2075 28,874,580.00 28,874,580.00

Addition during the Year

Acquisition 17,577,135.00 17,577,135.00
Capitalization -
Disposal during the year -
Adjustment/Revaluation 92,755.12 92,755.12
Balance as on 31st Asadh 2076 46,544,470.12 46,358,959.88

Ammortization and Impairment

Balance as on 32nd Asadh 2075 14,630,326.00 14,630,326.00
Ammortization charge for the Year
Impairment for the year 5,920,485.56 5,920,485.56
Disposals -
Adjustment -

Balance as on 31st Asadh 2076 20,550,811.56 20,550,811.56

Net Book Value as on 31st Asadh 2075 14,244,254.00 14,244,254.00

Net Book Value as on 32nd Asadh 2076 25,993,658.56 25,993,658.56

4.15 Deferred Tax Assets / Liabilities
Current Year 2075-76
Net Deferred
Deferred Deferred Tax
Particulars Tax (Assets) /
Tax Assets Liabilities
Liabilities
Deferred Tax on Temporary differences on following items
Loans and Advances to B/FIs - - -
Loans and Advances to customers - - -
Investment Properties - - -
Investment Securities - 874,193,167 874,193,167
Property and equipment - 3,316,788,832 3,316,788,832
Employees' defined benefit plan 540,061,460 - (540,061,460)
Lease liabilities - - -
Provisions - - -
Other temporary differences (49,957) - 49,957
Deferred Tax on Temporary differences 540,011,503 4,190,981,999 3,650,970,495
Deferred Tax on carry forward of unused tax losses - - -
Deferred tax due to changes in tax rate - - -
Net Deferred tax (asset)/liabilities as on year end of 2074/75
3,650,970,495
Deferred tax(asset)/liabilities as on shrawan1, 2074 3,226,453,305.61
Origination/(Reversal) during the year 424,517,190
Deferred tax expense/(income) recognized in profit or loss 934,486,525.14
Deferred tax expense/(income) recognized in other
comprehensive income (509,969,336)
Deferred tax expense/(income) recognized directly in
equity

Previous Year 2074-75

Net Deferred
Deferred Tax Deferred Tax
Particulars Tax (Assets) /
Assets Liabilities
Liabilities
Deferred Tax on Temporary differences on following
items
Loans and Advances to B/FIs - - -
Loans and Advances to customers - - -
Investment Properties - - -
Investment Securities - 986,028,677 986,028,677
Property and equipment 2,410,946 3,318,681,994 3,316,271,048
Employees' defined benefit plan 1,075,707,660 - (1,075,707,660)
Lease liabilities - - -
Provisions - - -
Other temporary differences 138,759 - (138,759)
Deferred Tax on Temporary differences 1,078,257,365 4,304,710,671 3,226,453,306

^) cf}+ jflif{s k|ltj]bg 57

 Deferred Tax on carry forward of unused tax losses - - -
Deferred tax due to changes in tax rate - - -
Net Deferred tax (asset)/liabilities as on year end of
2073/74 3,226,453,306
Deferred tax(asset)/liabilities as on shrawan1, 2073 4,703,099,228
Origination/(Reversal) during the year (1,476,645,923)
Deferred tax expense/(income) recognized in profit or loss 235,303,666.65
Deferred tax expense/(income) recognized in other
comprehensive income (1,508,901,830)
Deferred tax expense/(income) recognized directly in
equity (203,047,759)

4.16 Other assets

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Assets held for sale - -

Other Non-Banking Assets - -
Bills Receivable - -
Accounts receivable 432,925,151 1,872,764,157
Accrued income 127,325,238 84,721,728
Prepayments and deposits 7,112,498 1,828,291
Income tax deposit 141,511,977 141,511,977
Deferred Employee Expenditure 755,252,720 353,986,091
Other
Inter Branch Account 1,687,185,425 639,114,833
Stationery Stock 33,215,553 27,167,340
Gold Bullion in Vault - 508,591,632
Government Transaction Receivable 7,403,858,110 6,389,695,247
DD Paid without Schedule 234,619,231 447,587,413
Other 3,963,379,007 1,096,059,753

Total 14,786,384,911 11,563,028,462

4.17 Due to Bank and financial institution

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Money market deposits - -
Interbank borrowing - -
Other deposits from BFIs 1,074,497,374 290,652,430
Settlement and clearing accounts - -
Other deposits from BFIs - -
1,074,497,374 290,652,430
Total

58 ^) cf}+ jflif{s k|ltj]bg

4.18 Due to Nepal Rastra Bank
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Refinance from NRB 41,843,286 34,524,946
Standing liquidity facility - -
Lender of last report facility from NRB - -
Securities sold under repurchase agreement - -
Other payable to NRB - -
41,843,286
Total 34,524,946

4.19 Derivative financial instruments

Financial liability arising from derivative financial instrument has been shown below:
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Held for trading

Interest rate swap - -
Currency swap - -
Forward exchange contract 5,504,430,000.00 3,394,500,000.00
Others - -
Held for risk management - -
Interest rate swap - -
Currency swap - -
Forward exchange contract - -
Others - -
Total 5,504,430,000.00 3,394,500,000.00

4.20 Deposits from Customers

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Institutions Customers:
Term deposits 8,390,687,581.22 5,174,131,438
Call Deposits 5,298,594,118.16 3,527,796,368
Current Deposits 30,685,782,565.08 20,982,382,137
Other 1,018,705,549.09 594,378,041
Subtotal: 45,393,769,814 30,278,687,984
Individual Customers:
Term deposits 16,791,359,839.11 14,119,971,478
Saving Deposits 31,357,113.47 51,233,095,889
Current Deposits 850,446,116.65 2,907,705,296
Other 55,208,353,429.99 1,001,265,115
Subtotal: 72,881,516,499 69,262,037,779
Total 117,200,788,938 99,540,725,763

^) cf}+ jflif{s k|ltj]bg 59

4.20.1 Currency wise analysis of deposits from customers
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Nepalese rupee 116,884,085,454 99,235,130,064

Indian rupee - -
United states dollar 316,192,844 305,060,618
Great Britain pound 203,324 216,335
Euro 307,316 318,747
Japanese yen - -
Chinese yuan - -
Other - -
Total 117,200,788,938 99,540,725,763
4.21 Borrowing
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Domestic Borrowing:
Nepal Government - -
Other institution 950,000,000 109,500,000
Other - -
Sub total 950,000,000 109,500,000
Foreign Borrowing:
Foreign Bank and Financial Institutions - -
Multilateral Development Bank - -
Other institutions - -
Sub total - -
Total 950,000,000 109,500,000

4.22 Provisions
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Provisions for redundancy - -

Provision for restructuring - -
Pending legal issues and tax litigation - -
Onerous contract - -
Other 131,438,580 63,277,906
Total 131,438,580 63,277,906

60 ^) cf}+ jflif{s k|ltj]bg

4.22.1 Movement in Provision

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Balance at Shrawan 1st 63,277,906 16,958,858

Provisions made during the year 97,432,274 70,492,132
Provisions used during the year - -
Provisions reversed during the year (29,271,600) (24,173,084)
Unwind of discount - -
Balance at Ashad End 131,438,580 63,277,906

4.23 Other liabilities

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Liability for employees defined benefit obligations 1,623,234,763 3,393,577,340
Liability for long-service leave 176,970,104 192,114,860
Short-term employee benefits 71,034,262 64,214,971
Bills payable 24,323,587 24,565,082
Creditors and Accruals 613,076,757 574,199,238
Interest payable on deposit 3,821,668 3,991,188
Interest payable on borrowing 15,183,209 15,208,409
Liabilities on deferred grant income - -
Unpaid Dividend 2,000,831 2,000,831
Liabilities under finance lease - -
Employee bonus payable 949,405,553 1,200,256,581
Other 10,201,290,034 1,759,944,024
Total 13,680,340,769 7,230,072,524

4.23.1 Defined benefit obligation

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Present value of unfunded obligations - -

Present value of funded obligations 10,159,857,770 10,499,527,204
Total present value of obligations 10,159,857,770 10,499,527,204
Fair value of plan assets 8,536,623,007 7,105,949,864
Present value of net obligations 1,623,234,763 3,393,577,340
Recognised liability for defined benefit
obligation 1,623,234,763 3,393,577,340

^) cf}+ jflif{s k|ltj]bg 61

 4.23.2 Plan Assets
Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Equity securities - -
Government bonds - -
Bank deposits 8,536,623,007.00 7,105,949,864
Other - -
Total 8,536,623,007.00 7,105,949,864

4.23.3 Movement in the present value of defined benefit obligations

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

st
Defined benefit obligation at Shrawan 1 10,499,527,204 8,837,958,354
Actuarial losses 1,327,167,053 1,815,541,577
Benefit paid by the plan (2,653,397,646) (1,049,611,270)
Current service cost and interest 986,561,159 895,638,543
Defined benefit obligation at Ashad end 10,159,857,770 10,499,527,204

4.23.4 Movement in the fair value of plan assets

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075
Fair value of plan assets at Shrawan 1st 7,105,949,864 6,661,382,906
Contributions paid into the plan 3,393,577,340 -
Benefit paid during the year (2,653,397,646) -
Actuarial (losses) gains 54,301 (154,957,504)
Expected return on plan assets 690,439,148 599,524,462
Fair value of plan assets at Ashad end 8,536,623,007 7,105,949,864

4.23.5 Amount recognised in profit or loss

As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars
Current service cost 161,006,604 147,454,798
Interest on obligation 825,554,555 748,183,745
Expected return on plan assets (690,439,148) (599,524,462)
Net Expenses 296,122,011 296,114,081

4.23.6 Amount recognised in other comprehensive income

Particulars As at 31st Ashad 2076 As at 32nd Ashad 2075

Actuarial (gains) / losses 1,327,112,752.00 1,970,499,081

Total 1,327,112,752.00 1,970,499,081

62 ^) cf}+ jflif{s k|ltj]bg

4.23.7 Actuarial assumptions
As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars
Pension and Retirement Pension and Gratuity Retirement
Gratuity
Discount Rate 9% 9% 9% 9%
Expected Return on Plan Asset 9% 9% 9% 9%
Future Salary Increase 6% 6% 6% 6%
Expected Average remaining working
lives (years) 21.96 13.58 24.17 11.87
Withdrawal rate 5% 5% 5% 5%

4.24 Debt securities issued

No debt securities have been issued by the Bank.

4.25 Subordinated Liabilities

No Subordinated Liabilities has been issued by the Bank.

4.26 Share Capital

As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars

Ordinary shares 9,811,148,000.00 8,042,662,200

Convertible preference shares (Equity component)
- -
Irredeemable preference shares (Equity component)
- -
Perpetual debt (Equity component only)
- -
Total
9,811,148,000.00 8,042,662,200

4.26.1 Ordinary Shares

As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars
Authorized capital:
100,000,000 ordinary shares of Rs.100 each 10,000,000,000.00 10,000,000,000
Issued capital:
80,426,622 ordinary shares of Rs.100 each 9,811,148,000.00 8,042,662,200
Subscribed and paid of capital
80,426,622 ordinary shares of Rs.100 each 9,811,148,000.00 8,042,662,200
Total 9,811,148,000.00 8,042,662,200

4.26.2 Ordinary share ownership

As at 31st Ashad 2076 As at 32nd Ashad 2075

Particulars
Percent Amount Percent Amount
Domestic ownership: 100.00% 9,811,148,000 100.00% 8,042,662,200
Nepal Government 51.00% 5,003,685,500 62.21% 5,003,685,500

^) cf}+ jflif{s k|ltj]bg 63

 "A" class licensed institutions 0.00% - 0.00% -
Other licensed institutions 0.00% - 0.00% -
Other institutions 11.04% 1,083,293,100 4.54% 364,911,600
Public 37.96% 3,724,169,400 33.25% 2,674,065,100
Other 0.00% - 0.00% -
Foreign ownership 0.00% - 0.00% -
Total 100.00% 9,811,148,000 100.00% 8,042,662,200

4.26.3 Details of Shareholders holding 0.5% or more shares

Name of Shareholder Number of Share Holding % Amount
Nepal Government 50,036,855 51.00% 5,003,685,500
Employees Provident Fund 3,571,000 3.64% 357,100,000
Nunkaran Agrawal 1,321,066 1.35% 132,106,600
Life Insurance Corporation (Nepal) Limited 1,126,567 1.15% 112,656,700
56,055,488 57.13% 5,605,548,800

4.26.4 Proposed Distributions (Dividend and Bonus Share)

The Board has recommended 15 percent bonus share and 10 percent cash dividend (including tax on bonus share
and cash dividend) of the existing paid up capital for the reported Fiscal Year 2075/76. This proposal of the board
of directors is subject to the approval from NRB and ratification by the Annual General meeting of the
shareholders. The proposed distribution shall be recognized in the equity in the period in which they are paid.

4.27 Reserves
As at 32nd
Particulars As at 31st Ashad 2076
Ashad 2075
Statutory General Reserve 4,423,524,251 3,904,177,042
Exchange equalization reserve 86,786,914 86,786,914
Corporate social responsibility reserve 79,753,894 58,320,615
Capital redemption reserve - -
Regulatory reserve 1,293,871,418 2,589,021,283
Investment adjustment reserve 2,404,276 2,404,276
Capital reserve 259,735,644 259,735,644
Assets revaluation reserve 7,743,591,321 7,743,591,321
Fair value reserve 2,037,933,446 2,298,882,970
Dividend equalization reserve 7,485,526 7,485,526
Actuarial gain (3,142,397,904) (2,213,418,977)
*
Special reserve
Other reserve
Capital Adjustment Fund 380,382,600 380,382,600

64 ^) cf}+ jflif{s k|ltj]bg

 Contingent Reserve 2,763,349 2,763,349
Corporate development fund 3,300,000 3,300,000
Employee training fund 132,550,002 110,253,459
Total 13,311,684,737 15,233,686,022
*With the approval of Nepal Rastra Bank (Approval letter received from Nepal Rastra Bank dated 2075-01-12
ref. no. Bai. Bi. Ni. Bi. / Br 1 / Nepal Bank / 074 / 75), special reserve of amount 1,197,874,084 had been
transferred to retained earnings in FY 2074/75 with restriction to distribute dividend to shareholder as well as
bonus to the bank employees.

4.27.1 General Reserve

General Reserve is created as per Section 44 of the Banks and Financial Institutions Act 2073 equivalent to 20%
of the net profit earned during the year until the reserve is twice the paid-up share capital of the Bank after which
10% of the net profit earned during the year shall be set aside as General Reserve.
Such reserve could not be expensed or transferred to other heads without prior approval of Nepal Rastra Bank.

4.27.2 Exchange Fluctuation Reserve Fund

Exchange Fluctuation Reserve is the reserve created as per Section 44 of the Banks and Financial Institutions Act
2073 equivalent to 25% of the foreign exchange gain realized on the translation of foreign currency to the
reporting currency during the year other than Indian Rupees.
Such reserve could not be expensed or transferred to other heads without prior approval of Nepal Rastra Bank
other than to set off revaluation loss incurred, if any during the year.

4.27.3 Fair Value Reserve

The fair value reserve comprises the cumulative net change in the fair value of financial assets that are measured
at fair value and the changes in fair value is recognized in other comprehensive income, until the assets are
derecognized. The cumulative amount of changes in fair value of those financial assets has been presented under
this account head.

4.27.4 Assets Revaluation Reserve

Any reserve created from revaluation of assets (such as Property & Equipment, Intangible Assets, and Investment
Property) has been presented under this heading. Revaluation reserves often serve as a cushion against unexpected
losses but may not be fully available to absorb unexpected losses due to the subsequent deterioration in market
values and tax consequences of revaluation.

4.27.5 Regulatory Reserve

The amount that is allocated from profit or retained earnings of the Bank to this reserve as per the Directive of
NRB for the purpose of implementation of NFRSs and which has not been regarded as free for distribution of
dividend (cash as well as bonus shares) has been presented under this account head. The amount allocated to this
reserve includes interest income recognized but not received in cash, difference of loan loss provision as per NRB
directive and impairment on loan and advance as per NFRSs (in case lower impairment is recognized under
NFRSs), amount equals to deferred tax assets, amount of goodwill recognized under NFRSs etc.

^) cf}+ jflif{s k|ltj]bg 65

4.27.6 Corporate Social Responsibility Fund
The fund created for the purpose of corporate social responsibility by allocating profit of 1% has been presented
under this account head.

4.27.7 Other Reserve Fund

Any reserve created with specific or non-specific purpose (except stated in above) has been presented under this
by disclosing accounting heads.

4.28 Contingent Liabilities and Commitment

As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars

Contingent Liabilities 10,437,670,521.23 7,567,280,788

Undrawn and undisbursed facilities 12,125,173,364.47 8,716,653,181
Capital commitment
Lease commitment
Litigation
Total 22,562,843,885.70 16,283,933,969

4.28.1 Contingent Liabilities

As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars

Acceptance and Documentary credit 5,178,748,319.74 3,539,807,533.13

Bills for collection 138,520,562.85 175,875,613.00
Forward exchange contracts
Guarantees 4,448,207,206.96 3,179,235,459.00
Underwriting commitments
Other commitments 672,194,431.68 672,362,182.86
Total 10,437,670,521.23 7,567,280,788

4.28.2 Undrawn and Undisbursed Facilities

As at 31st Ashad 2076 As at 32nd Ashad 2075
Particulars

Undisbursed amount of loans - -

Undrawn limits of overdraft 3,896,818,891.62 2,342,335,935
Undrawn limits of credit cards - -
Undrawn limits of letter of credit 5,676,561,679.81 5,837,302,674
Undrawn limits of guarantee 2,551,792,793.04 537,014,572
Total 12,125,173,364.47 8,716,653,181

66 ^) cf}+ jflif{s k|ltj]bg

4.29 Interest Income
Particulars For the year ended 31st Ashad For the year ended 32nd
2076 Ashad 2075

Cash and cash equivalents 17,070,579 40,990,314

Due from Nepal Rastra Bank - -
Placement with Banks and Financial
Institutions 118,547,141 54,788,767
Loans and Advances to Bank and Financial
Institutions 126,649,997 40,063,935
Loans and advances to customers 9,593,956,939 8,678,591,071
Investment securities 444,923,537 316,533,547
Loans and advances to staff 74,545,046 98,468,707
Other - -
Total interest income 10,375,693,239 9,229,436,342

4.30 Interest Expenses

Particulars For the year ended 31st Ashad 2076 For the year ended 32nd
Ashad 2075

Due to Bank and Financial Institutions 149,240.31 2,138,396.68

Due to Nepal Rastra Bank - 8,300,241.80
Deposits from customers 4,186,001,318.88 2,831,226,445.52
Borrowing - 25,200.00
Debt securities issued - -
Subordinated liabilities - -
Other - -
Total interest expense 4,186,150,559.19 2,841,690,284.00

4.31 Fees and Commission Income

For the year ended 31st For the year ended 32nd
Particulars
Ashad 2076 Ashad 2075

Loan Administration fees 59,420,169 44,475,423

Service fees 177,291,569 121,681,129
Consortium fees - -
Commitment fees 7,790,004 8,953,133
DD/TT/Swift fees 10,101,725 8,113,681
Credit card/ATM issuance and renewal fees 334,665 6,055,356
Prepayment and swap fees - -
Investment banking fees - -
Assets management fees 10,499,372 13,767,074

^) cf}+ jflif{s k|ltj]bg 67

 Brokerage fees - -
Remittance fees 32,418,864 37,704,962
Commission on letter of credit 17,737,121 18,236,692
Commission on Guarantee Contracts issued 54,582,758 44,907,125
Commission on share underwriting/issued - -
Locker rental 30,544,437 22,971,446
Other Fees and Commission Income 638,619,146 656,153,506
Total Fees and Commission Income 1,039,339,829 983,019,526

4.32 Fees and Commission Expense

Particulars For the year ended 31st For the year ended
Ashad 2076 32nd Ashad 2075
ATM management fees - -
VISA/Master card fees - -
Guarantee commission 22,770,191.06 23,306,639
Brokerage 2,718,759.71 4,200,136
DD/TT/Swift fees 7,284,174.81 2,676,860
Remittance fees and commission 217,900.00 331,565
Other Fees and Commission Expense 12,371,628.53 4,913,744.83
Total Fees and Commission Expense 45,362,654.11 35,428,944.82

4.33 Net trading income

Particulars For the year ended For the year ended

31st Ashad 2076 32nd Ashad 2075

Changes in fair value of trading assets - -

Gain/loss on disposal of trading assets - -
Interest income on trading assets - -
Dividend income on trading assets - -
Gain/Loss Foreign Exchange Transaction 323,652,049.71 202,999,957
Other 18,760,666.51 4,280,850
Total Net trading income 342,412,716.22 207,280,807

4.34 Other operating income

Particulars For the year ended For the year ended

31st Ashad 2076 32nd Ashad 2075
Foreign Exchange Revaluation Gain (45,109,227) (23,484,207)
Gain/loss on sale of investment Securities - (193,715,656)
Fair value gain/loss on investment property - -
Dividend on equity instruments 3,499,564 9,831,821

68 ^) cf}+ jflif{s k|ltj]bg

 Gain/loss on sale of property and equipment 1,794,081 1,098,740
Gain/loss on sale of investment property 46,074,243 14,996,324

Operating lease income 25,657,231 23,001,140

Gain/loss on sale of gold and silver 10,047,772 2,460,237
Other 168,819,557 184,703,938
Total other operating income 210,783,220 18,892,336

4.35 Impairment charge/(reversal) for loan and other losses

Particulars For the year ended 31st For the year ended
Ashad 2076 32nd Ashad 2075

Impairment charge/(reversal) on loan and advances to B/FIs 5,695,044.07 5,776,824.89

Impairment charge/(reversal) on loan and advances to
customer 471,407,779 (92,117,354)
Impairment charge/(reversal) on financial Investment
- -
Impairment charge/(reversal) on placement with bank and
- -
financial institutions
Impairment charge/(reversal) on property and equipment
- -
Impairment charge/(reversal) on goodwill and intangible
- -
assets
Impairment charge/(reversal) on investment property
- -
Total impairment charge/(reversal) for loan and other 477,102,823 (86,340,530)
losses

4.36 Personnel Expense

Particulars For the year ended 31st For the year ended
Ashad 2076 32nd Ashad 2075
Salary 769,683,171 745,085,187
Allowances 237,294,776 184,265,656
Gratuity expenses * - -
Provident fund 126,221,038 129,957,650
Uniform 16,538,000 16,907,288
Training & Development Expense 30,460,258 20,985,029
Leave encashment 57,296,352 66,950,644
Medical 69,734,744 80,731,243
Insurance 2,912,259 2,297,855
Employees Incentive 147,899,003 114,058,779
Cash-settled share-based payments - -
Pension Expense * 296,122,011 296,114,081
Finance expenses under NFRS 54,303,081 70,873,489
Other Expenses Related to Staff 38,350,789 26,165,567

^) cf}+ jflif{s k|ltj]bg 69

 Sub-Total 1,846,815,481 1,754,392,467
Employees Bonus 230,582,793 394,438,019
Total personnel expenses 2,077,398,273 2,148,830,486
*Includes both pension and gratuity expenses

4.37 Other operating expense

Particulars For the year ended For the year ended

31st Ashad 2076 32nd Ashad 2075
Directors' fee 5,025,000 3,464,700
Directors' expense
1,314,426 1,236,827
Auditors' remuneration
1,695,000 1,695,000
Other audit related expense
7,005,281 5,865,764
Professional and legal expense
3,530,661 3,422,895
Office administration expense
403,842,627 376,446,093
Operating lease expense
99,880,735 70,924,051
Operating expense of investment properties
- -
Corporate Social Responsibility Expense
4,534,081 5,015,143
Onerous lease provision
- -
Other
22,964,172 84,577,307
Total other operating expense
549,791,982 552,647,779

4.37.1 Office Administration Expense

Particulars For the year ended For the year ended
31st Ashad 2076 32nd Ashad 2075
Water and electricity 33,506,992 26,466,758

Repair and maintenance - -

(a)Building 3,825,941 4,248,154
(b) Vehicle 5,476,749 4,782,591
(c) Computer and accessories 4,345,644 3,671,223
(d) Office equipment and furniture 3,970,731 2,868,154
(e) Other 3,888,436 4,346,628
Insurance 33,766,620 34,699,872
Postage, telex, telephone, fax 42,397,932 40,767,624
Printing and Stationery 30,957,984 34,807,373
Newspaper, books and journals 2,242,579 5,600,203
Advertisement 11,855,258 9,278,033
Donation - -
Security Expense 16,083,584 34,032,564

70 ^) cf}+ jflif{s k|ltj]bg

 Deposit and loan guarantee premium 47,047,121 41,330,468
Travel allowance and expense 39,805,200 37,226,653
Entertainment 8,556,973 7,350,208
Annual/Special general meeting expense 506,800 466,278
Other 115,608,083 84,503,310
Total office administration expense 403,842,627 376,446,093

4.38 Depreciation & Amortisation

Particulars For the year ended 31st For the year ended 32nd
Ashad 2076 Ashad 2075

Depreciation on Property and Equipment 116,454,258.27 93,498,791.83

Depreciation on investment property
- -
Amortization of intangible assets
5,920,487.56 4,090,679.75
Total depreciation and amortization
122,374,745.83 97,589,471.58

4.39 Non-operating income

Particulars For the year ended 31st For the year ended 32nd
Ashad 2076 Ashad 2075

Recovery of loan written off 101,562,416

81,855,495
Other income
45,470 39,419
Total non-operating income
101,607,886 81,894,914

4.40 Non-Operating Expenses

Particulars For the year ended 31st For the year ended 32nd
Ashad 2076 Ashad 2075

Loan Written Off - 202,257

Redundancy provision - -
Expenses of restructuring - -
Other expense - -
Total non-operating Expenses - 202,257

^) cf}+ jflif{s k|ltj]bg 71

 4.41 Income tax Expense

Particulars For the year ended For the year ended

31st Ashad 2076 32nd Ashad 2075

Current tax expense

Current year 1,080,433,282 1,479,489,582
Adjustment for prior years - -
Deferred tax expense -
Origination and reversal of temporary differences 934,486,525 235,303,667
Changes in tax rate - -

Recognition of previously unrecognized tax losses - -

Total income tax expense 2,014,919,807 1,714,793,249

4.41.1 Reconciliation of tax expense and accounting profit

Particulars For the year ended For the year ended

31st Ashad 2076 32nd Ashad 2075
Profit before tax 4,611,655,852 4,930,475,233
Tax amount at tax rate of 30% 1,383,496,755 1,479,142,570
Add: Tax effect of expenses that are not deductible for tax
purpose 5,138,072 10,306,930
Less: Tax effect on exempt income (7,622,476) (2,949,546)
Add/less: Tax effect on other items (300,579,070) (7,010,371)
Total income tax expense 1,080,433,282 1,479,489,582
Effective tax rate 23.43% 30.01%

Statement of Distributable profit or loss

For the year ended 31st Ashad 2076
As per NRB Regulation
Particulars Current Year Previous Year
Net Profit/(loss) as per Statement of Profit or Loss 2,596,736,045 3,215,681,985
Appropriation

a. General Reserve (519,347,209) (643,136,397)

b. Foreign Exchange Fluctuation fund - -
c. Capital redemption reserve - -
d. Corporate social responsibility fund (21,433,279) (32,156,820)
e. Employees training fund (22,296,543) (50,016,123)
f. Other - -
Profit/(loss) before regulatory adjustment 2,033,659,013 2,490,372,645
Regulatory Adjustments:

72 ^) cf}+ jflif{s k|ltj]bg

 a. Interest Receivable (-)/previous accrued interest received
(+) 37,009,246 (288,595,124)
b. Short loan loss provision in accounts (-)/reversal (+) - -
c. Short provision for possible losses on investment (-
)/reversal (+) - -
d. Short provision for possible losses on Non-Banking Assets
(-)/reversal (+) (26,299,432) 87,007,182)

e. Deferred Tax Assets recognized (-)/reversal (+) - -

f. Goodwill recognized (-)/Impairment of Goodwill (+) - -

g. Bargain purchase gain recognized (-)/reversal (+) - -

h. Actuarial Loss recognized (-)/reversal (+) 1,284,440,051 (2,213,418,977)

i. Other (+/-) - -

Profit or (Loss) after Regulatory Adjustments 3,328,808,878 (98,648,638)

5 Disclosures & Additional Information

5.1 Risk Assessment and Management
Credit Risk
A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. In
the first resort, the risk is that of the lender and includes lost principal and interest, disruption to cash flows, and
increased collection costs. Factors for the credit risk include Counterparty Risk, Concentration Risk and
Securitization Risk.
The Bank has applied following mitigates for management of Credit Risk factors:
 Independent and ongoing credit quality review
 Limiting credit exposures
 Problem credit management system
 Diversification of risk asset portfolio among several sectors and sub sectors of the economy over a large
number of customers
 Deposit of borrower in bank, cash margin and additional collateral at individual level
 Proper valuation, storage, maintenance and insurance of collaterals.
Such mitigates are monitored by Board of Directors, Risk Management Committee which is Board Level
Committee, Credit Risk Management Department, NRB Inspection team and Internal Audit Department of the
Bank
Market Risk
Market risk is the possibility of a customer experiencing losses due to factors that affect the overall performance of
the Banking which the customer is involved. Market risk is systematic risk of the financial market.
Factors of Market Risk include Interest Rate Risk, Equity Risk in Banking Book.
The Bank has applied following mitigates for management of the Market Risk factors:
 Stress testing/simulation of market conditions

^) cf}+ jflif{s k|ltj]bg 73

  Gap Analysis
 Limiting trading activity of instruments in the different markets
 Regular review of risk management processes
 Regular review of Risk Tolerance and appetite limit.
 Measurement of Equity price shocks.
 Measurement of Interest Rate Shocks
 Interest rate related Risk Monitoring.
Such mitigates are monitored by Board of Directors, Risk Management Committee, Internal Audit Department
Liquidity Risk
Liquidity risk is the risk that the Bank may be unable to meet short term financial demands. This usually occurs due
to the inability to convert a security or hard asset to cash without a loss of capital and/or income in the process.
Factors of Liquidity Risk includes Deterioration in quality of credit portfolio Concentrations in either assets or
liabilities, Rapid asset growth funded by highly volatile large deposits, A large size of off-balance sheet exposure.
The Bank has applied following mitigates for the management of Liquidity Risk:
 Appropriate composition of assets and liabilities
 Diversified and stable sources of funds
 Access to inter-bank market
 Contingency funding plan for crisis situations
 Regular stress testing
 Cushion of liquid assets held
 Consistent analysis using liquidity ratios
 Review of Deposit Mix Concentration.
Such mitigates are monitored by BOD, Finance and Credit Department, Internal Audit Department.

Fair value of Financial Assets and Liabilities

Fair Value of financial assets and liabilities risk management includes effective portfolio management by Finance
department which is monitored by BOD, and other high-level officials.

5.2 Capital Management

The capital management approach of the Bank is driven by its desire to maintain a strong capital base to support
the development of its business and to meet the regulatory capital requirements at all times.
As Capital is the centrepiece of the Bank‟s performance matrix, a sound capital management forms the very core
of the overall performance landscape to ensure that the Bank delivers on its objective of maximizing the
shareholder‟s value. The senior management of the Bank is engaged and responsible for prudent capital
management at all times. In compliance with the regulatory requirement of increasing the capital base as
prescribed by the Central Bank, the Bank is comfortable in meeting the minimum capital requirements and is
strongly positioned to meet the performance benchmarks.

74 ^) cf}+ jflif{s k|ltj]bg

5.2.1 Qualitative Disclosure
Nepal Rastra Bank has directed the Banks to develop own internal policy, procedures and structures to manage all
material risk inherent in business for assessing capital adequacy in relation to the risk profiles as well as strategies
for maintaining capital levels. This includes basic requirements of having good governance, efficient process of
managing all material risks and an effective regime for assessing and maintaining adequate capital. The Bank has
various BODs approved risk management policies for proper governance. The Bank has developed a
comprehensive ICAAP document which is subject to review every year. The ICAAP has two major components;
first is an internal process to identify measure, manage and report risks to which the bank is exposed or could be
exposed in the future; and second is an internal process to plan and manage a bank‟s capital so as to ensure
adequate capital. The Bank prepares the ICAAP report annually complying with the NRB requirement. The report
is reviewed and analysed by Risk Management Committee and Board. The report is prepared as per BASEL III
norms considering various adverse scenarios. The Bank also conducts the stress testing on quarterly basis and is
reviewed by senior management, Risk Management Committee and Board. The Bank in line with BASEL
provisions and ICAAP document assesses risk exposures and allocated sufficient capital/cushion for perceived
risks.

5.2.2 Quantitative Disclosure

1. Capital Structure and a Breakdown of its Components:

* Tier 1 Capital and a breakdown of its components Rs. In ‘000

Core Capital (Tier 1) 21,020,849.49

a. Paid up Equity Share Capital 9,811,148

b. Irredeemable Non-cumulative preference shares
c. Share Premium 3,262,810.76
d. Proposed Bonus Equity Shares
e. Statutory General Reserves 4,423,524.25
f. Retained Earnings 2,895,693.02
g. Un-audited current year cumulative profit/(loss)
h. Capital Redemption Reserve
i. Capital Adjustment Reserve 380,382.60
j. Dividend Equalization Reserves 7,485.53
k. Special Reserve
l. Capital Reserve (created for loan waived as per Nepal Govt.
259,735.64
Direction)
m. Deferred Tax Reserve
n. Other Free Reserves 6,063.35
o. Less: Goodwill
p. Less: Fictitious Assets -25,993.66
q. Less: Investment in equity in licenced Financial Institutions
r. Less: Investment in equity of institutions with financial interests
s. Less: Investment in equity of institutions in excess of limits
t. Less: Investments arising out of underwriting commitments
u. Less: Reciprocal crossholdings

^) cf}+ jflif{s k|ltj]bg 75

 v. Less: Purchase of land & building in excess of limit & unutilized
w. Less: Other Deductions
* Tier 2 Capital and a breakdown of its components 1,223,963.38
Supplementary Capital (Tier 2)
a. Cumulative and/or Redeemable Preference Shares
b. Subordinated Term Debt
c. Hybrid Capital Instruments
d. General Loan Loss Provision 1,137,176.46
e. Exchange Equalization Reserve 86,786.91
f. Investment Adjustment Reserve
g. Assets Revaluation Reserve
i. Other Reserves
Total Capital Fund (Tier 1 and Tier 2) 22,244,812.86
Risk Weighted Exposure(Assets) (After Supervisor’s Adjustment) 132,429,132.69
Capital Adequacy Ratio 16.80%
Regulator Requirement 11%

 Deductions from Capital: Rs. 25,993.66 (Rs. In „000)

 Total Qualifying Capital: Rs. 22,244,812.86 (Rs. In „000)
 Capital Adequacy ratio:16.80%

 Summary of the bank’s internal approach to assess the adequacy of its capital to support current and
future activities, if applicable:
NBL in its efforts to improve the capital adequacy ratio as prescribed by the regulator had implemented a revised
capital plan. Besides, the bank had formulated ICAAP Policy aimed at improving the Capital Adequacy position
in compliance with BASEL-III Framework from FY 2073-74. The task of systematic preparation and presentation
of BASEL-III report has been entrusted with the Risk Management Department of the bank. Currently the bank‟s
ratio stands at 16.80%.

2. Risk Exposures

 Risk weighted exposures for Credit Risk, Market Risk and Operational Risk
The risk weighted exposures as of 16thJuly 2019 is given below:

S.No. Particulars Amount Rs. (000)

1. Credit Risk 112,290,205.25

2. Operational Risk 10,318,716.99

3. Market Risk 2,783,836.77

4. Adjustment under Pillar II 7,036,373.68

Total
132,429,132.69

76 ^) cf}+ jflif{s k|ltj]bg

 Risk weighted exposures under each of 13 categories of Credit Risk

S.No. Particulars Amount Rs. (000)

1. Claims on other official entities -
2. Claims on banks 5,117,970.48
3 Claims on domestic corporate & Securities firm 32,166,991.18
4. Claims on regulatory retail portfolio 26,169,763.51
5. Claims not satisfying granularity Criteria
6. Claims Secured by Residential properties 3,791,198.70
7. Claims secured by commercial real estate 314,605.46
8. Past Due Claims 5,949,968.49
9. High Risk Claims 757,176.22
10. Loan against Shares 4,716,327.05
11. Investment in Equity of Institutions 1,260,682.83
12. Other Assets 18,467,994.60
13. Off Balance Sheet Items 13,577,526.72
Total 112,290,205.25

 Amount of NPAs (Both Gross and Net) Rs. In ‘000

S.No. Particulars Gross NPA Loan-Loss Net NPA

(Rs.) Provision (Rs.) (Rs.)

a. Restructured/Reschedule Loan 1,409.17 176.15 1,233.03

b. Substandard 649,858.85 162,464.71 487,394.14
c. Doubtful 400,342.88 200,171.44 200,171.44
d. Loss 1,523,760.90 1,523,760.90 -
Total 2,575,371.80 1,886,573.20 688,798.60

 NPA Ratios:
 Gross NPA to Gross Advances : 2.64%
 Net NPA to Net Advances : 0.73%

 Movement of Non-Performing Assets Rs. In 000

Particulars This Quarter Previous Quarter Changes %
Non-Performing Assets 2,575,371.80 2,355,203.00 9.35%

Non-Performing Assets (%) 2.64% 2.96% -10.81%

 Write off of Loans and Interest Suspense Rs. In 000

^) cf}+ jflif{s k|ltj]bg 77

 No loans have been written off during the year 2075/76.

 Movements in Loan Loss provision and Interest Suspense: Rs. In ‘000

Particulars Loan Loss Provision Interest Suspense

Opening balance 2,546,646.84 4,877,479

Write Back/off in the years

Addition in the year 477,102.82 501,185

Balance as at16h July 2019 3,023,749.66 5,378,664

 Details of Subordinated Term Debt:

- Not applicable

 Details of Additional Loan Loss Provision:

- None

 Segregation of Investment Portfolio

S.No. Investment Category Amount Rs. (000)
1. Held for Trading -
2. Held to Maturity (Govt. Securities) 13,218,126.06

3. Available for Sale (Equity) 3,207,607.11

3. Risk Management Function

NBL is exposed to various types of risks including credit, market, liquidity, operational, legal, compliance and
reputation risks. The objective of the risk management framework at the Bank is to ensure that various risks are
understood, measured and monitored and that the policies and procedures established to address these risks are strictly
adhered to.
The Board of Directors has oversight on all the risks assumed by the bank. The board level sub-committee (Risk
Management Committee) has been established to facilitate focused oversight of various risks. The committee reviews
the risk management policies, the bank‟s compliance with risk management guidelines issued by NRB and the status
of implementation of BASEL - III requirement by the bank.
The Bank has set up a strong control and monitoring environment for comprehensive risk management at all levels of
operation by establishing an independent Risk Management Department which caters to the current banking
requirement of properly identifying and monitoring the risks apparent and inherent in the business.

Measurement of Risks for Capital Adequacy Purpose:

Under Pillar 1 of the specific NRB guidelines, the bank currently follows Simplified Standardized Approach for
Credit Risk, Basic Indicator Approach for Operational Risk and Net Open Position approach for Market risk.

78 ^) cf}+ jflif{s k|ltj]bg

A. Credit Risk
Strategies and Process:
All credit related aspects are governed by Operation Manual-2 (Credit) and Credit Policy of NBL. These documents
outline the type of products that can be offered, customer categories, credit approval process and limits. These
documents are approved by the Board of directors.
The Bank‟s main emphasis is on SME credit. Different limits of lending power have been assigned at branch level,
department head level and the credit committee level. Every aspect relating to credit such as procedure,
documentation etc. is clearly defined in the Operation Manual -2 and the Credit Policy of the bank.
Pre-Sanction:
The branch managers have the authority to approve the credit within their permissible limits after due scrutiny of
background of the promoter, nature of business, turnover in the account, other financial indicators, income, collateral
and security. Loans above the authority of branch are recommended to head office for further decision.
Credit Risk Assessment Process:
Risk Management Department carries out a comprehensive credit risk assessment process that encompasses analysis
of relevant quantitative and qualitative information to ascertain credit rating of the borrower. The credit rating process
involves assessment of risk emanating from various sources such as market risk, management risk, environmental
risk, financial risk and security risk taking into consideration as much as 30 sub-parameters under each of these
categories. Credit thresholds have been set for forwarding the credit files for risk rating before they are submitted for
approval in the credit committee by the concerned credit units.
Post Sanction Monitoring/ Follow up:
Concerned branch are required to obtain regular information of the business. In case of revolving loans, the drawing
power is checked commensurate with the existing level of stocks and working capital checked and verified at regular
interval. The credit units at the Head Office are also required to prepare quarterly credit report to submit at higher
level as a part of formal monitoring process.

B. Operation Risk
Operational risk is the risk of loss resulting from inadequate or failed internal processes, people or systems, or from
external events. Operational risk is inherent in the bank‟s business activities.
The board level committee that undertakes supervision and review of operational risk aspects are the Risk
Management Committee and Audit Committee. The board and the risk committee review the operational risk level
and the material operational risk exposure. The Audit committee supervises audit and compliance related aspects.
Internal Audit department on the other hand carries out audit according to the audit plan and report findings to the
audit committee.

Risk Arising from breakdown of Information and Operating System:

The bank has introduced new centralized software Pumori-IV and has improved in its MIS infrastructure in order to
ensure the associated operational risks being brought down to an acceptably low level.
To safeguard the probable losses resulting from system failure or natural disaster, the bank has taken following
policies to minimize the risk:
a. Back up – Daily back up of all balances are taken at the end of the day. The bank is developing a system of
auto back up in the near future.
b. Disaster Recovery Site – The bank is in the process of establishing a disaster recovery site outside the
Kathmandu valley considering the lower frequency of seismic activities.
c. Validation of Entry and Password control – There is a system of maker and checker for entry validation
before posting. Access authority for data entry, update, modification and validation has been given on the
basis of levels of staffs.

^) cf}+ jflif{s k|ltj]bg 79

 d. Exception Reporting – The system creates exception report as and when required.

Risk Arising from Procedural Lapses and Internal control:

The bank has defined every banking procedure in the Operation Manual-1 related to banking transactions. Internal
circulars are issued whenever required reporting by branches irregular. Internal Audit of maximum branches is
carried out each year.
Corporate Governance:
NRB Guidelines with respect to Corporate Governance are duly complied with.
C. Market Risk
a. Investments
Currently NBL has not made any investment for trading purpose. The investment in government securities have
been made to hold till maturity. The investment in equity of listed institutions has been held as available for sale.
b. Foreign Exchange
The bank‟s policy is to maintain the net open position of convertible foreign currency where exchange rate risk
persists in matching position.
D. Types of Eligible Credit Risk Mitigates used and benefits availed under CRM:
The eligible collateral taken as benefits under CRM are margin money deposited with the bank against off balance
sheet exposures, Loan against Fixed deposits, Loan against Gold and Silver and Government Securities. Under this
provision a total of Rs 10,687,046.18 Thousand has been deducted from total credit risk as CRM.Compliance with
External Requirement.
The bank, at all times, has complied the externally imposed capital requirements. In the capital adequacy calculation
of 16th July 2019 (presented above), the bank has added 3% of total risk weighted exposures to its risk weighted
exposures as per the direction from Nepal Rastra Bank as part of supervisory review.

5.3 Classification of financial assets and financial liabilities

Particulars Fair Value Amortized Cost Fair Value through OCI Total
through PL
Financial Assets:
Cash and Cash equivalents - 10,418,969,104.87 - 10,418,969,104.87
Due from Nepal Rastra
Bank - 10,178,321,130.70 - 10,178,321,130.70
Placement with Bank and
Financial Institutions - 5,427,675,000.00 - 5,427,675,000.00
Derivative Financial
Instruments 5,594,624,000 - - 5,594,624,000.00
Loans and advances to
B/FIs - 3,303,280,249.74 - 3,303,280,249.74
Loans and advances to
customers - 92,421,637,259.21 - 92,421,637,259.21
Investment securities - 13,218,126,062.90 3,207,607,107.72 16,425,733,170.62
Other Financial assets - 560,250,389.21 - 560,250,389.21
Total financial Assets 5,594,624,000 135,528,259,196.63 3,207,607,107.72 144,330,490,304.35
Financial Liabilities:
Due from customers - 117,200,788,938.50 - 117,200,788,938.50
Derivative Financial
Instruments 5,504,430,000 5,504,430,000
Other Financial Liabilities 3,745,186,528.13 - 3,745,186,528.13
Total financial Liabilities 5,504,430,000 120,945,975,466.63 - 126,450,405,466.63

80 ^) cf}+ jflif{s k|ltj]bg

5.4 Segment Analysis
5.4.1 General Information
The bank‟s operation is managed centrally through Head Office. All strategic, financial and operational policies and operations are controlled and directed
from the head office. The Bank operates in seven proveniences though has a single jurisdiction. The management of the bank is on the basis of various
types of operations supported by ancillary support services.
Bank has identified following segments as reportable:
a. Banking Segment involves functions like collecting deposits and lending activities among other similar activities.
b. Treasury Segment involves short term and long term investment activities like investing in T-Bills, Bonds, Shares of companies etc.
c. Remittance Segment involves activities of transferring / receiving funds locally and/or globally.
d. Government Segment involves activities that are supportive to Government services like pension to Government employees, and facilitating other such
Government services.
There is no inter-unit cost transfer mechanism within the bank.
Amount in NPR
Particulars Banking Treasury Remittance
Government All Other Total
Transaction
Year ended Year ended Year ended Year ended Year Year ended Year Year Year ended Year ended Year ended Year ended
31st Ashad 32nd Ashad 31st Ashad 32nd Ashad ended 32nd Ashad ended ended 31st Ashad 32nd Ashad 31st Ashad 32nd Ashad
2076 2075 2076 2075 31st Ashad 2075 31st Ashad 32nd 2076 2075 2076 2075
2076 2076 Ashad
2075
Revenues from
external
customers 9,693,256,278 9,273,740,085 710,690,838 228,428,793 114,935,720 55,941,654 538,256,210 53,707,500 1,012,697,845 995,046,423 12,069,836,889 10,606,864,456
Intersegment
revenues - - - - - - -
Segment Profit
/ (Loss) before (1,772,008,976
tax 5,030,002,896 5,985,872,068 710,690,838 401,873,990 104,714,885 538,256,210 ) (1,457,270,825) 4,611,655,852 4,930,475,233

165,920,592,16 133,467,201,04
Segment Assets 95,724,920,673 75,556,510,557 28,080,733,409 16,266,401,730 - 7,947,963,340 34,166,974,745 41,644,288,754 7 1

Segment 118,317,961,67 136,729,449,65 110,495,206,87

liabilities 1 99,540,725,763 - 434,677,376 - - 18,411,487,981 10,519,803,736 2 5

^) cf}+ jflif{s k|ltj]bg 81

 5.4.2 Reconciliation of reportable segment profit or loss

Particulars Year ended Year ended

31st Ashad 2076 32nd Ashad 2075
Total profit before tax for reportable segments 6,383,664,828 6,387,746,058
Profit before tax for other Segments
(1,772,008,976) (1,457,270,825)
Elimination of inter-segment profit
- -
Elimination of discontinued operation
- -
Unallocated amounts:
- -
- Other Corporate expenses
2,784,706,821 2,452,317,248

5.5 Share options and share based payment

There is no share-based payment made by the Bank.

5.6 Contingent liabilities and commitment

Litigation is a common occurrence in the banking industry due to the nature of business undertaken. The Bank has
formal controls and policies for managing legal claims. Once professional advice has been obtained and the amount
of loss reasonably estimated, the Bank makes adjustment to account for adverse effect which the claims may have
on its financial standing. Contingent liabilities on other matters have already been disclosed in notes 4.28.

5.7 Related party disclosures

The related parties of the Bank which meets the definition of related parties as defined in “NAS 24 Related Parties
Disclosure” are as follows:

i. Key Management Personnel (KMP)

The key management personnel are those persons having authority and responsibility of planning, directing and
controlling the activities of the entity, directly or indirectly including any director. The key management of the
Bank includes members of its Board of Directors, Chief Executive Officer, and other higher-level employee of the
Bank. The name of the key management personnel who were holding various positions in the office during the
year (As at Ashad end 2076) were as follows:
Name of the Key Management Personnel Post
Krishna Bahadur Adhikari Acting Chief Executive Officer
Samata Panta Assistant Chief Executive officer
Laxman Poudel Assistant Chief Executive officer
Bishwo Raj Baral Acting Assistant Chief Executive officer
Prakash Kumar Adhikari Acting Assistant Chief Executive Officer
Suresh Kumar Karna Chief Operating Officer
Devendra Pratap Shah Former Chief Executive Officer
Raju Nath Khanal Former Deputy Chief Executive Officer

82 ^) cf}+ jflif{s k|ltj]bg

 Durga Raj Regmi Former Expert- Deputy Chief Executive Officer
Shyam Sundar Kadel Former Assistant Chief Executive Officer
Dilli Ram Sharma Former Acting Assistant Chief Executive Officer

5.7.1 Compensation to Key Management Personnel

The members of Board of Directors are entitled for meeting allowances. Salary and allowances are provided to
Chief Executive Officer and other member of Key Management Personnel (KMP). Salary and Allowances paid to
the Chief Executive Officer is based on the contract entered by the Bank with him whereas compensation paid to
other member of KMP are governed by Employees Byelaws and decisions made by management time to time in
this regard. In addition to salaries and allowances, non- cash benefits like vehicle facility, subsidized rate
employees‟ loan, and termination benefits are also provided to KMP.

The details relating to compensation paid to key management personnel (Director‟s only) were as follows:
Particulars Current Year
Director‟s Fee (including all BoD level committee) 5,025,000
Other Expenses 1,314,426
Total 6,339,426

The details relating to compensation paid to key management personnel other than directors were as follows:

S.N. Name Position Remuneration

1 Krishna Bahadur Adhikari Acting Chief Executive Officer 1,868,053.94

2 Samata Panta Assistant Chief Executive officer

1,526,653.03

3 Laxman Poudel Assistant Chief Executive officer

1,664,110.58

4 Bishwo Raj Baral Acting Assistant Chief Executive officer

1,610,438.42

5 Prakash Kumar Adhikari Acting Assistant Chief Executive Officer

1,574,972.82

6 Suresh Kumar Karna Chief Operating Officer

3,653,443.03

7 Devendra Pratap Shah Former Chief Executive Officer

3,000,133.33

8 Raju Nath Khanal Former Deputy Chief Executive Officer 7,792,562.84

9 Former Expert- Deputy Chief Executive

Durga Raj Regmi
Officer 8,532,509.67

^) cf}+ jflif{s k|ltj]bg 83

 10 Shyam Sundar Kadel Former Assistant Chief Executive Officer
7,290,550.39

11 Former Acting Assistant Chief Executive

Dilli Ram Sharma
Officer 8,015,457.89

Besides above remuneration, vehicle facilities were provided to key management personnel. Above amount also
includes the retirement facilities.

5.8 Merger and acquisition

No any Merger and acquisition has taken in the years presented.

5.9 Additional disclosures of non-consolidated entities

There are no further disclosures to be made as per NFRS requirements.

5.10 Events after reporting date.

There are no other events after Reporting Date affecting financial status as on Ashad End, 2076.

Major Indicators

S.N Particulars As per previous GAAP As per

Indicator NFRS
FY FY FY FY 2074/ FY
2071/ 2072/ 2073/ 75 2075/
72 73 74 76
1 Net Profit / Total Income % 7.33 30.54 30.81 30.57 21.51
2 Earnings Per Share
3 Basic Earnings Per Share Rs. 7.48 44.59 38.77 39.98 26.99
Diluted Earnings Per Share Rs. 7.48 44.59 38.77 39.98 26.99
4 Market Price Per Share Rs. 305.00 470.00 364.00 281.00 336.00
5 Price / Earnings Ratio Times 40.78 10.54 9.39 7.03 12.45
6 Dividend (Bonus Share) on share capital % - - - - 15
7 Cash Dividend on share capital % - - - - 10
8 Interest Income / Loans and Advances % 9.59 9.86 9.73 12.22 11.23
Employee Expenses / Total Operating %
9
Expenses 50.13 49.09 49.77 37.86 27.85
Employee Expenses / Total deposit and %
10
borrowing 3.10 2.49 2.52 2.15 1.74
11 Exchange Income / Total Income % - 0.37 1.20 1.71 2.31
12 Staff Bonus / Total Employee Expenses % 3.03 16.62 14.83 18.36 11.10
13 Net Profit / Loans and Advances % 0.91 4.54 4.19 4.26 2.81
14 Net Profit / Total Assets % 0.55 2.79 2.78 2.41 1.51
15 Total Loans and Advances / Total Deposit % 68.45 71.05 79.17 75.68 78.14

84 ^) cf}+ jflif{s k|ltj]bg

 16 Total Operating Expenses / Total Assets % 5.47 4.38 4.24 4.25 4.35
17 Capital Adequacy Ratio
a) Common Equity Tier I Capital % 6.32 9.01 13.37 10.29 15.87
b) Core Capital % 6.32 9.01 13.37 10.29 15.87
c) Supplementary Capital % 1.17 1.19 1.10 0.98 0.93
d) Total Capital Fund % 7.49 10.20 14.47 11.27 16.80
18 Cash Reserve ratio (CRR) % 11.55 17.46 18.81 9.05 4.06
19 NPAs / Total Loans and Advances % 3.98 3.11 3.32 3.37 2.64
20 Base Rate % 7.21 6.13 6.29 7.03 7.98
21 Weighted Average Interest Rate Spread % 5.18 4.96 4.80 4.99 4.45
22 Book Net Worth (Rs. In Lakh) Rs. 38,309.36 67,139.14 114,517.54 229,719.94 292,813.37
23 Total Shares No. 64,650,018 64,650,018 80,426,622 80,426,622 98,111,480
24 Total Employee No. 2,623 2,356 2,112 2,142 2,317.00
25 Others
Per Employee Business (Rs. In Lakh) Rs. 25.39 40.54 48.57 49.12 52.09
Employee Expenses / Total income % 36.29 23.29 23.07 20.43 17.21

5.10.1 Valuation Hierarchy

Following tables demonstrates the valuation hierarchy of Bank‟s Assets and Liabilities. This fair value may differ
from the actual amount that may be received or paid on settlement, realization or maturity of those Financial
Assets and Liabilities.
Fair Value of Financial Assets and Liabilities Measured at Fair Value
The fair value measurement hierarchy is as follows:
Level 1 fair value measurements are those derived from unadjusted quoted prices in active markets for identical
assets or liabilities.
Level 2 valuations are those with quoted prices for similar instruments in active markets or quoted prices for
identical or similar instruments in inactive markets and financial instruments valued using models where all
significant inputs are observable.
Level 3 portfolios are those where there are unobservable inputs of the instruments. The inputs are not based on
observable market data.

Fair Value Level 1 Level 2 Level 3

Disclosure

Particulars As on 31.03.2076 As on 32.03.2075 As on 31.03.2076 As on 32.03.2075 As on 31.03.2076 As on

32.03.2075

Quoted Equity 2,903,605,808 3,290,616,742 - -

Shares

Unquoted equity - 304,001,300 -

229,555,600

FV of Land - - -

Investment - - 113,306,613.92 87,007,183

Properties

^) cf}+ jflif{s k|ltj]bg 85

 5.11 Impairment of financial assets
At each reporting date, the Bank has assessed whether there exists objective evidence that a financial asset or group
of financial assets not carried at fair value through profit or loss are impaired. A financial asset or a group of
financial assets is impaired when objective evidence demonstrates that a loss event has occurred after the initial
recognition of the asset(s), and that the loss event has an impact on the future cash flows of the asset(s) that can be
estimated reliably.
Objective evidence that financial assets are impaired can include significant financial difficulty of the borrower or
issuer, default or delinquency by a borrower, restructuring of a loan or advance by the Bank on terms that the Bank
would not otherwise consider, indications that a borrower or issuer will enter bankruptcy, the disappearance of an
active market for a security, or other observable data relating to a group of assets such as adverse changes in the
payment status of borrowers or issuers in the group, or economic conditions that correlate with defaults in the
group. In addition, for an investment in an equity security, a significant or prolonged decline in its fair value below
its cost is objective evidence of impairment.
In case of financial difficulty of the borrower, the Bank considers to restructure loans rather than take possession of
collateral. This may involve extending the payment arrangements and agreement of new loan conditions. Once the
terms have been renegotiated, any impairment is measured using the original EIR as calculated before the
modification of terms and the loan is no longer considered past due. Management continually reviews renegotiated
loans to ensure that all criteria are met and that future payments are likely to occur. The loans continue to be subject
to an individual or collective impairment assessment, calculated using the loan‟s original EIR.

5.11.1 Use of Carve Outs for Financial Assets

a. For Impairment Calculation
An entity shall assess at the end of each reporting period whether there is any objective evidence that a financial
asset or group of financial assets measured at amortised cost is impaired. If any such evidence exists, the entity
shall apply paragraph 63 of NAS 39: Financial Instruments: Recognition and Measurement, to determine the
amount of any impairment loss unless the entity is bank or financial institutions registered as per Bank and
Financial Institutions Act, 2073. 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. However, bank and financial institutions shall apply paragraph 63 of NAS 39:
Financial Instruments: Recognition and Measurement to determine the amount of impairment loss on financial
assets other than loan and advances.

The bank for the financial years 2075/76 has assessed the impairment under NFRS impairment model and under
NRB Directives. Since the impairments under NRB directives are more than under NFRS, the bank has
recognised impairment calculated under NRB directives. Following table below depicts the calculation of
impairment allowance as per NFRS and as per NRB Directives:

IMPAIRMENT AS PER NAS 39

Particulars
For the year ended 31st Ashad For the year ended 32nd Ashad
2076 2075
Loans and advances to Customers & BFIs
97,657,796,531.44
79,632,495,475
(excluding staff loan, AIR and impairment) (A)
Less:
Impairment allowances (a + b) 1,860,914,429 1,745,276,759.90
Collective Allowances (a) 1,223,537,014 1,224,066,009.93
Individual Allowances (b) 637,377,415 521,210,749.97
Impairment as percentage of Total Loans and 1.91% 2.19%
advances

86 ^) cf}+ jflif{s k|ltj]bg

 Particulars
For the year ended 31st Ashad For the year ended 32nd
2076 Ashad 2075
Loss Provision as per NRB Directive- 2,546,646,838
alternative 1 3,023,749,661

Impairment Loss as per NFRS-alternative

2 1,860,914,429 1,745,276,759.90

Loss provision recognized in financial 3,023,749,661 2,546,646,838

statements (higher of the two alternative)

5.12 Comparison of Unaudited and Audited Financial Statements as of FY 2075-76 End (Amount In
NPR )

Statement of Financial Reason for

Variance
Position Variance
As per Unaudited As per Audited
Financial Financial
Statement Statement
Assets In Amount In Percentage

Cash and cash equivalent 10,420,849,044.65 10,418,969,105 -1,879,940 -0.02%

Due from Nepal Rastra
Bank 10,178,321,130.70 10,178,321,131 0 0.00%
Placement with Bank and
Financial Institutions 5,427,675,000.00 5,427,675,000 0 0.00%
Derivative Financial Reclassification of
Instruments 90,194,000.00 5,594,624,000 5,504,430,000 6102.88% items
Other Trading Assets 0 0 0
Loan and advances to
B/FIs 3,303,280,249.74 3,303,280,250 0 0.00%
Loan and Advances to
Customers 92,414,064,454.06 92,421,637,259 7,572,805 0.01%
Investment Securities 16,475,160,470.62 16,425,733,171 -49,427,300 -0.30%
Current Tax Assets 980,408,966.97 991,499,066 11,090,099 1.13%
Investment in Subsidiaries 0 0 0
Investment in Associates 0 0 0
Additional
Investment Property 97,398,638.92 113,306,614 15,907,975 16.33% Adjustment
Property and Equipment 11,828,044,162.15 11,828,221,794 177,632 0.00%
Goodwill and Intangible
assets 25,527,646.45 25,993,659 466,012 1.83%
Deferred Tax Assets 0 0 0
Reclassification of
Other Assets 14,670,455,415.09 14,786,384,911 115,929,496 0.79% items

Total Assets 165,911,379,179 171,515,645,958 5,604,266,779 3.38%

^) cf}+ jflif{s k|ltj]bg 87

 Liabilities
Due to Bank and
Financial Institutions 1,074,497,374 1,074,497,374 0 0.00%
Due to Nepal Rastra Bank 41,843,286 41,843,286 0 0.00%
Derivative Financial Reclassification of
Instruments 0 5,504,430,000 5,504,430,000 100.00% items
Deposits from Customers 117,200,788,938 117,200,788,938 0 0.00%
Borrowings 950,000,000 950,000,000 0 0.00%
Current Tax Liabilities 0 0 0
Additional
Provisions 63,277,906 131,438,580 68,160,674 107.72% Adjustment
Deferred Tax Liabilities 3,705,208,378 3,650,970,495 -54,237,883 -1.46%
Reclassification of
Other Liabilities 13,437,844,866 13,680,340,769 242,495,903 1.80% items
Debt securities issued 0 0 0
Subordinated Liabilities 0 0 0
Total Liabilities 136,473,460,748 142,234,309,443 5,760,848,695 4.22%
Equity 0 0
Share Capital 9,811,148,000 9,811,148,000 0 0.00%
Share Premium 3,262,810,756 3,262,810,756 0 0.00%
Reclassification of
Retained Earnings 3,018,626,817 2,895,693,022 -122,933,795 -4.07% items
Reclassification of
Reserves 13,345,332,857 13,311,684,737 -33,648,120 -0.25% items
Total equity attributable Reclassification of
to equity holders 29,437,918,430 29,281,336,515 -156,581,915 -0.53% items
Non-controlling interest 0 0 0
Impact of all
Total Equity 29,437,918,430 29,281,336,515 -156,581,915 -0.53% adjustments
Total Liabilities and
Equity 165,911,379,178 171,515,645,958 5,604,266,780 3.38%

Variance Reason for Variance

Statement of As per Unaudited As per Audited
Profit or Loss Financial Statement Financial Statement
In
In Amount
Percentage

Reclassification of
Interest income 10,369,650,499.71 10,375,693,238.67 6,042,738.96 0.06% items
Reclassification of
Interest expense 4,190,518,726.94 4,186,150,559.19 (4,368,167.75) -0.10% items
Net interest
income 6,179,131,772.77 6,189,542,679.48 10,410,906.71 0.17%
Fees and
commission Reclassification of
income 1,038,164,817.97 1,039,339,828.69 1,175,010.72 0.11% items

88 ^) cf}+ jflif{s k|ltj]bg

Fees and
commission Reclassification of
expense 93,159,271.49 45,362,654.11 (47,796,617.38) -51.31% items
Net fee and
commission
income 945,005,546.48 993,977,174.58 48,971,628.10 5.18%
Net interest and
commission
income 7,124,137,319.25 7,183,519,854.06 59,382,534.81 0.83%
Reclassification of
Net trading income 342,412,716.22 342,412,716.22 - 0.00% items
Other operating Reclassification of
income 222,098,800.39 210,783,219.80 (11,315,580.60) -5.09% items
Total operating
income 7,688,648,835.86 7,736,715,790.07 48,066,954.21 0.63%
Impairment
charge/(reversal)
for loans and other Additional
losses 369,819,507.00 477,102,822.68 107,283,315.68 29.01% Adjustments
Net operating
income 7,318,829,328.86 7,259,612,967.40 (59,216,361.47) -0.81%
Operating
expense -
Reclassification of
Personnel expenses 2,114,244,008.54 2,077,398,273.46 (36,845,735.08) -1.74% items
Other Operating Reclassification of
expenses 534,057,043.87 549,791,982.32 15,734,938.44 2.95% items
Depreciation and Reclassification of
Amortisation 121,898,411.25 122,374,745.83 476,334.58 0.39% items

Operating Profit 4,548,629,865.20 4,510,047,965.79 (38,581,899.41) -0.85%

Non-operating Reclassification of
Income 79,667,538.00 101,607,885.85 21,940,347.85 27.54% items
Non-operating
expense - - -
Profit before
income tax 4,628,297,403.20 4,611,655,851.64 (16,641,551.56) -0.36%
Income tax
expense -
Current Tax
1,089,911,574.73 1,080,433,282.10 (9,478,292.63) -0.87%
Deferred Tax
926,404,946.31 934,486,525.03 8,081,578.72 0.87%
Profit/(loss) for
the period 2,611,980,882.16 2,596,736,044.52 (15,244,837.64) -0.58%
Other
Comprehensive Reclassification of
income (1,079,115,483.32) (1,189,928,450.62) (110,812,967.30) 10.27% items
Total
Comprehensive
income 1,532,865,398.84 1,406,807,593.90 (126,057,804.94) -8.22%

^) cf}+ jflif{s k|ltj]bg 89

 Reclassification of previous period‟s figure
Share premium expenses involving an amount of NRs. 50,345,298.78 which was classified under Other Assets in
FY 2074/75 has been reclassified under equity and deducted from share premium. Likewise, Deposit Guarantee Fee
and Credit guarantee premium amounting to a total of NRs. 42,065,949.57 which was classified under Fee &
commission expenses in FY 2074/75 has now been reclassified under Office administration expenses. Accordingly,
previous period‟s presentation has been relocated.

90 ^) cf}+ jflif{s k|ltj]bg

^) cf}+ jflif{s k|ltj]bg 91
92 ^) cf}+ jflif{s k|ltj]bg
 Key Financial Indicators

Key Financial Indicators

Deposit
140,000

120,000 118,275
99,831
100,000 89,410 93,944
Rs. in million

77,999
80,000

60,000

40,000

20,000

-
2071/72 2072/73 2073/74 2074/75 2075/76
Fiscal Year

Loan & Advances

120,000 Loan & Advances
120,000 97,658
100,000
79,632 95,725
100,000
80,000 74,373
Rs. in million

63,524 79,632
80,000
60,000 53,388 74,373
Rs. in million

63,524
40,000
60,000 53,388

20,000
40,000

-
20,000
2071/72 2072/73 2073/74 2074/75 2075/76
- Fiscal Year
2071/72 2072/73 2073/74 2074/75 2075/76
Fiscal Year

Investment
18,500
17,989
18,000
17,500
Rs. in million

16,940
17,000
16,426
16,500 16,119 16,248
16,000
15,500
15,000
2071/72 2072/73 2073/74 2074/75 2075/76
Fiscal Year

^) cf}+ jflif{s k|ltj]bg 93

 Net Profit
3,500 3,216

3,000 2,883
2,597
2,500
Rs. in million

2,000 1,747

1,500

1,000
484
500

-
2071/72 2072/73 2073/74 2074/75 2075/76
Fiscal Year

Non-Performing Asset (NPA)

4.50
3.98
4.00
3.32 3.37
3.50 3.11
3.00
Percentage (%)

2.64
2.50
2.00
1.50
1.00
0.50
-
2071/72 2072/73 2073/74 2074/75 2075/76
Fiscal Year

Capital Adequacy
18.00 16.80
16.00 14.47
14.00
12.00 11.27
Percentage (%)

10.20
10.00
7.49
8.00
6.00
4.00
2.00
-
2071/72 2072/73 2073/74 2074/75 2075/76
Fiscal Year

94 ^) cf}+ jflif{s k|ltj]bg

 k|fb]lzs sfof{no tyf zfvf ;~hfn
k|b]z g+= !
k|fb]lzs sfof{no M lj/f6gu/, df]/Ë
l;=g++= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
! eb|k'/ eb|k'/, emfkf )@#–%@)!($ nblbhadrapur@nepalbank.com.np
)@#–%@))$%
@ ldN;Pl/of lj/f6gu/, df]/Ë )@!–$#^@!( nblmillsarea@nepalbank.com.np
)@!–$@%)@$
# l;6L clkm; w/fg w/fg, ;'g;/L )@%–%@)$!# dhr@nepalbank.com.np
)@%–%@))*$
$ /+u]nL /+u]nL, df]/Ë )@!–%*))^@ nblrangeli@nepalbank.com.np

% l;6L clkm; lj/f6gu/, df]/Ë )@!–%@@$)^ bro@nepalbank.com.np

lj/f6gu/ )@!–%@%$$@
^ O{nfd O{nfd )@&–%@))!* nblilam@nepalbank.com.np
)@&–%@))^#
& t]x|y'd Dofun'Ë, t]x|y'd )@^–$^)!%% nbltehrathum@nepalbank.com.np
)@^–$^)!)^
* w'nfaf/L d]rLgu/, emfkf )@#–%^)!%% nbldhulabari@nepalbank.com.np
)@#–%^)@(#
( O6x/L O6x/L, ;'g;/L )@%–%*))%( ith@nepalbank.com.np
)@%–%*!!%(
!) tfKn]h'Ë km'ªlnË, tfKn]h'Ë )@$–$^)!%% nbltaplejung@nepalbank.com.np

!! lkmlbd lkmlbd )@$–%@)!%% nblfidim@nepalbank.com.np

!@ uf}/Lu+h uf}/Lu+h, emfkf )@#–$!@))% nblgaurigunj@nepalbank.com.np

!# b'xjL b'xjL enjf/L, ;'g;/L )@%–%$))@) nblduhabi@nepalbank.com.np

)@%–%$))@!
!$ uf}/fbx uf}/fbx, emfkf )@#–$*)@&) nblgauradaha@nepalbank.com.np
)@#–$*)@&!
!% ljtf{df]8 ljtf{df]8, emfkf )@#–%$)@(! brm@nepalbank.com.np
)@#–%$!)&&

^) cf}+ jflif{s k|ltj]bg 95

 !^ pnf{af/L pnf{af/L, df]/Ë )@!–%$!(($ nblurlabari@nepalbank.com.np
)@!–%$!((&
!& ahf/c8\8f lj/f6gu/, df]/Ë )@!–$!&#!# nblbazaradda@nepalbank.com.np
)@!–$!&#!$
)@!–$!&#!%
!* sfFs8le§f d]rL, emfkf )@#–%^@)%% kdv@nepalbank.com.np
)@#–%^@@%!
!( a'waf/] a'4zfGtL, emfkf )@#–%%%@!@ nblbudhabare@nepalbank.com.np

@) rs|3§L a/fxIf]q, ;'g;/L )@%–%%!!@& nblchakraghatti@nepalbank.com.np

)@%–%%!!@^
@! em'Dsf /fdw'gL, ;'g;/L )@%–%^@!(( nbljhumka@nepalbank.com.np
)@%–%^@#%)
@@ ;'?Ëf sGsfO{, emfkf )@#–%%)*$$ nblsurunga@nepalbank.com.np
)@#–%%!))@
@# d+unaf/] b]pdfO{, O{nfd )@&–$))@)# nblmagalbare@nepalbank.com.np

@$ ufO{3f6 lqo'uf, pbok'/ )#%–$@)#&* nblgaighat@nepalbank.com.np

@% ef]hk'/ ef]hk'/ )@(–$@))!) nblbhojpapur@nepalbank.com.np

@^ bds bds, emfkf )@#–%*@^!^ dmk@nepalbank.com.np

)@#–%*)!)^
@& vfFbaf/L vfFbaf/L, ;+v'jf;ef )@(–%^)@*$ nblkhandabari@nepalbank.com.np

@* kflv|af; kflv|af;, wgs'6f )@^–$)%!&^ nblpakhribas@nepalbank.com.np

@( la/f6rf]s ;'Gb/ x/}+rf, df]/Ë )@!–%$%*$# nblbiratchowk@nepalbank.com.np

#) l;l/hËf l;l/hËf, tfKn]h'Ë (*^!)*(### nblsirijanga@nepalbank.com.np

k|b]z g+= @
k|fb]lzs sfof{no M lj/u+h, k;f{
l;=g++= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
! uf}/ uf}/, /f}tx6 )%%–%@)!%% nblgaur@nepalbank.com.np
)%%–%@)!%^
@ l;6L clkm; hgsk'/, wg'iff )$!–%()!&! nbljnk@nepalbank.com.np
hgsk'/ )$!–%()!&)

96 ^) cf}+ jflif{s k|ltj]bg

# /fhlj/fh /fhlj/fh, ;Kt/L )#!–%@@@*& nblrajbiraj@nepalbank.com.np
)#!–%@)!*$
$ sn}of sn}of, af/f )%#–%%)))* nblkalaiya@nepalbank.com.np

% dn+ujf dn+ujf, ;nf{xL )$^–%@)!#( nblmalangawa@nepalbank.com.np

)$^–%@)!^(
^ nfxfg nfxfg, l;/fxf )##–%^)!*# lhn@nepalbank.com.np
)##–%^)!*$
& dfO{:yfg lj/u+h, k;f{ )%!–%@!*^* nblmaisthan@nepalbank.com.np
)%!–%@@)#%
* h=r'=sf sDkfp08 hgsk'/, wg'iff )$!–%()#!& nbljnkchu@nepalbank.com.np
)$!–%()#!*
( l;6L clkm; lj/u+h, k;f{ )%!–%@!#)^ bco@nepalbank.com.np
lj/u+h )%!–%@@&)^
!) >Lk'/ lj/u+h, k;f{ )%!–%@@*)* sri@nepalbank.com.np
)%!–%@@@*$
!! dl6xfgL dl6xfgL, dxf]Q/L (*^)#$!#&^ nblmatihani@nepalbank.com.np

!@ sGrgk'/ sGrg?k, ;Kt/L )#!–%^))!! nblkanchanpur@nepalbank.com.np

)#!–%^)&@)
!# rGb|lgufxfk'/ rGb|lgufxfk'/, /f}tx6 )%%–%$)@!@ nblchapur@nepalbank.com.np

!$ uf}zfnf uf}zfnf, dxf]Q/L )$$–%%^!$% nblgaushala@nepalbank.com.np

!% lhtk'/ lhtk'/ l;d/f, af/f )%#–$!@)&! nbljitpur@nepalbank.com.np

)%#–$!@)&)

!^ uf]bf/ u0f]zdfg, wg'iff )$!–$!#))! godar@nepalbank.com.np

)$!–$!#))@
!& aonaf; O{Zj/k'/, ;nf{xL )$^–%&%!#% nblbayalbas@nepalbank.com.np

!* s6xl/of s6xl/of, /f}tx6 (*%%)$$^)% nblkathariya@nepalbank.com.np

!( kmQ]k'/ ;Ktsf]zL, ;Kt/L )#!–%%)@@) nblphattepur@nepalbank.com.np

)#!–%%)@@!
@) cfb{zgu/ lj/u+h, k;f{ )%!–$!*)%! bja@nepalbank.com.np
)%!–$!*)%)
@! uf]nahf/ uf]nahf/, l;/fxf )##–%$)))& nblgolbazar@nepalbank.com.np
)##–%$)#%#

^) cf}+ jflif{s k|ltj]bg 97

 @@ xl/jg xl/jg, ;nf{xL )$^–%#)^@) nblhariwan@nepalbank.com.np
)$^–%#)^!!
@# a/xyjf a/xyjf,;nf{xL )$^–%$)#!@ nblbarahathawa@nepalbank.com.np
)$^–%$))!)
@$ l;/fxf l;/fxf )##–%@)@*# nblsiraha@nepalbank.com.np
)##–%@)%^$
@% dx'jg ;v'jf k;f}{gL, k;f{ )%!–$!(*!& nblmahuwan@nepalbank.com.np

@^ xl/k'/ xl/k'/, ;nf{xL )$^–$!!@)) nblharipur@nepalbank.com.np

@& ;dgk'/ u9LdfO{, /f}tx6 (*!%*$(^^) nblsamanpur@nepalbank.com.np

@* sNof0fk'/ v8\u sNof0fk'/, )#!–%$)$%! nblkalyanpur@nepalbank.com.np

;Kt/L )#!–%$)$%@
@( alb{af; alb{af;, dxf]Q/L )$$–%%)&%* nblbardibas@nepalbank.com.np
)$$–%%)&^#
#) /fhb]jL /fhb]jL, k;f{ (*%%)%^!#% nblrajdevi@nepalbank.com.np

#! ;nf{xL k;f{ k;f{, ;nf{xL (*%$)%)@^# parsa.sarlahi@nepalbank.com.np

#@ ejfgLk'/ ejfgLk'/, ;nf{xL (*%$)#%%$) nbl.bhawanipur@nepalbank.com.np

k|b]z g+= #
k|fb]lzs sfof{no M sf7df8f}+
l;=g++= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
! sf7df8f}+ a}+lsË sf7df8f}+ )!–$@$&((( kbo@nepalbank.com.np
clkm; )!–$@@#&(@
@ ag]kf ag]kf, sfe|] )!!–^^@#)# bnp@nepalbank.com.np

# nlntk'/ nlntk'/ )!–%%##@)$, gbl@nepalbank.com.np

)!–%%%$@^&
$ eQmk'/ eQmk'/ )!–^^@))(^ bkp@nepalbank.com.np

% e]8fl;+ sf7df8f}+ )!–$@@*%^( bds@nepalbank.com.np

)!–$@@!*&$
^ l;6L clkm; e/tk'/, lrtjg )%^–%#)((! nrg@nepalbank.com.np
gf/fo0fu9 )%^–%@@@)%
)%^–%@)!&)
& l;6L clkm; x]6f}+8f x]6f}+8f, dsjfgk'/ )%&–%@)&@( hco@nepalbank.com.np
)%&–%@))!)

98 ^) cf}+ jflif{s k|ltj]bg

* lqz'nL ljb'/, g'jfsf]6 )!)–%^)^)* trs@nepalbank.com.np
)!)–%^)!))
( l8NnLahf/ sf7df8f}+ )!–$)!@%*% dlb@nepalbank.com.np
)!–$)!@%**
!) kf6g cf}Bf]lus nlntk'/ )!–%%@!$!# pie@nepalbank.com.np
If]q )!–%%@#^)#
!! afnfh' sf7df8f}+ )!–$#^@)!& bie@nepalbank.com.np
)!–$#%)@%(

!@ sflndf6L sf7df8f}+ )!–$@&##^) klm@nepalbank.com.np

)!–$@&!^(@
!# lslt{k'/ lslt{k'/, sf7df8f}+ )!–$##@^#& krt@nepalbank.com.np
)!–$##!#)$
!$ ;fFv' sf7df8f}+ )!–$$%)^^& nblsankhu@nepalbank.com.np

!% /Tggu/ /Tggu/, lrtjg )%^–%^)@!) nbltandi@nepalbank.com.np

)%^–%^)&@*
!^ nflhDkf6 sf7df8f}+ )!–$$#&%## lzm@nepalbank.com.np
)!–$$!$($)
!& x]6f}+8f cf}Bf]lus x]6f}+8f,dsjfgk'/ )%&–%@)^(* hie@nepalbank.com.np
If]q )%&–%@)$(&
!* rf}tf/f rf}tf/f, l;Gw'kfNrf]s )!!–^@)!)% nblchautara@nepalbank.com.np

!( rfjlxn sf7df8f}+ )!–$$^^##@ cbl@nepalbank.com.np

)!–$$&)^*%
@) If]qkf6L sf7df8f}+ )!–$@^#(@( chp@nepalbank.com.np
)!–$@%$)#)
@! rfkfufpF rfkfufpF, nlntk'/ )!–%%&)%!$ nblchapagaun@nepalbank.com.np

@@ /fdk'/ e/tk'/, lrtjg )%^–%(!(&& nblrampur@nepalbank.com.np

)%^–%(@!$!
@# kgf}tL kgf}tL, sfe|] )!!–$$)%(! nblpanauti@nepalbank.com.np
)!!–$$)%(@

@$ hf]/kf6L uf]s0f]{Zj/, sf7df8f}+ )!–%!#$#(& nbljorpati@nepalbank.com.np

)!–%!#$#(*

^) cf}+ jflif{s k|ltj]bg 99

 @% kfn'Ë yfxf, dsjfgk'/ )%&–$)))!( nblpalung@nepalbank.com.np

@^ lutfgu/ e/tk'/, lrtjg )%^–$))@@% nblgeetanagar@nepalbank.com.np

)%^–$))@(%
@& w'Gr] uf];fOs'08, /;'jf )!)–%$)@&* nbldhunche@nepalbank.com.np
)!)–%$)!)%
@* kfFrvfn kfFrvfn, sfe|] )!!–$((!!* nblpanchkhal@nepalbank.com.np
)!!–$(())*
@( rl/sf]6 led]Zj/, bf]nvf )$(–$@))^$ nblcharikot@nepalbank.com.np
)$(–$@((%%
#) e08f/f /fKtL, lrtjg )%^–%%)$&) nblbhandara@nepalbank.com.np

#! s'k08f]n nlntk'/ )!–%%#(&$& kpd@nepalbank.com.np

)!–%%@@)$)
#@ yfgsf]6 rGb|flu/L, sf7df8f}+ )!–$#!@!*$ nblthankot@nepalbank.com.np
)!–$#!#$#*
## d]nDrL d]nDrL, l;Gw'kfNrf]s )!!–$)!)!& nblmelamchi@nepalbank.com.np

#$ y}j uf]bfa/L, nlntk'/ )!–%)!$&*% nblthaiba@nepalbank.com.np

)!–%)!$&*^
#% hfjnfv]n nlntk'/ )!–%%%@(*( jwk@nepalbank.com.np
)!–%%$&!!*
#^ k;f{ahf/ v}/xgL, lrtjg )%^–%*#!(% nblparsa@nepalbank.com.np
)%^–%*#!&%
#& ;}lgs sf7df8f}+ )!–$@$*)&! sdr@nepalbank.com.np

#* sflGtky sf7df8f}+ )!–$@@&#&% ktp@nepalbank.com.np

)!–$@$$(%^
#( lvDtL lnv' tfdfsf]zL, )$*–$!!)$* nblkhimti@nepalbank.com.np
/fd]5fk
$) l7dL dWok'/ l7dL, eQmk'/ )!–^^#)($! nblthimi@nepalbank.com.np

$! dxf/fhu~h sf7df8f}+ )!–$&@!%%@ nblmaharajgunj@nepalbank.com.np

)!–$&@!^%(
$@ sf]6]Zj/ sf7df8f}+ )!–$^))&)( nblkoteshwor@nepalbank.com.np

$# b'wf}nL b'wf}nL, l;Gw'nL )$&–$!@)&$ nbldudhauli@nepalbank.com.np

)$&–$!@)*$

100 ^) cf}+ jflif{s k|ltj]bg

$$ wflbË a]+;L lgns07, wflbË )!)–%@))(^ nbldhadingbesi@nepalbank.com.np

$% afg]Zj/ sf7df8f}+ (*%!@#@%$& nblbaneshwor@nepalbank.com.np

$^ ;fgf] kf]v/f x]6f}+8f, dsjfgk'/ )%&–%@!%!* nblsanopokhara@nepalbank.com.np

)%&–%@!^!*
$& l;+u6L sflnGrf]s, bf]nvf )$(–$!)!@@ nblsingati@nepalbank.com.np

$* vf]kf;L kgf}tL, sfe|] )!!–$!)))! nblkhopasi@nepalbank.com.np

u08sL k|b]z
k|fb]lzs sfof{no M kf]v/f, sf:sL
l;= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
g++=
! l;6L clkm; kf]v/f kf]v/f, sf:sL )^!–%@!!!@ pco@nepalbank.com.np
)^!–%#!@%)
@ afUn'Ë afUn'Ë )^*–%@)!%% bgl@nepalbank.com.np
)^*–%@)@(%
# bdf}nL Jof;, tgx'F )^%–%^)!%% dml@nepalbank.com.np
)^%–%^)(%%
$ DofUbL a]gL a]gL, DofUbL )^(–%@)!%% nblbeni@nepalbank.com.np

% s'Zdf s'Zdf, kj{t )^&–$@)%#% nblkushma@nepalbank.com.np

^ hf]d;f]d 3/ah'Ë, d':tfË )^(–$$))%% nbljomsom@nepalbank.com.np

& :ofËhf k'tnLahf/, :ofËhf )^#–$@)!%% syj@nepalbank.com.np

* v}/]gL6f/ z'Snfu08sL, tgx'F )^%–$!@@%$ khairenitar@nepalbank.com.np

)^%–$!@@%%
( jflnË jflnË, :ofËhf )^#–$$)!!$ nblwaling@nepalbank.com.np

!) au/ kf]v/f, sf:sL )^!–%@)#%$ nblbagar@nepalbank.com.np

)^!–%#)^$*
!! 8'd|] aGbLk'/, tgx'F )^%–%*)!(^ nbldumre@nepalbank.com.np

!@ a'lt{jfË 9f]/kf6g, afUn'Ë )^*–$!))!* nblburtibang@nepalbank.com.np

)^*–$!))!(
!# uNsf]6 uNsf]6, afUn'Ë )^*–$!!))@ nblgalkot@nepalbank.com.np
)^*–$!!)^^
!$ rfd] dgfË rfd], dgfË )^^–$$)!%% nblchamemanang@nepalbank.com.np

!% cf?Ëvf]nf dWoljGb', gjnk'/ )&*–%%%))& nblarungkhola@nepalbank.com.np

^) cf}+ jflif{s k|ltj]bg 101

 )&*–%%%))*
!^ ;'Gb/ahf/ ;'Gb/ahf/, ndh'Ë )^^–$)@!%% nblsundarbazar@nepalbank.com.np
)^^–$)@!&%
!& ;'Gtn]6f/ rfkfsf]6, :ofËhf )^#–$!!!#% suntaletar@nepalbank.com.np

!* k[YjLrf]s kf]v/f, sf:sL )^!–%@)$#( pck@nepalbank.com.np

)^!–%@**!(
)^!–%@^)^*
!( a]+zL;x/ a]+zL;x/, ndh'Ë )^^–%@)&*% nblbeshisahar@nepalbank.com.np
)^^–%@)#*%
@) tfnrf]s kf]v/f, sf:sL )^!–%^!!%) nbltalchowk@nepalbank.com.np
)^!–%^!!%%
@! x]Dhf kf]v/f, sf:sL )^!–$))%)) nblhemja@nepalbank.com.np
)^!–$))%)!
@@ lj/f}6f kf]v/f, sf:sL )^!–$^*)&) nblbirauta@nepalbank.com.np

k||b]z g+= %
k|fb]lzs sfof{no M a'6jn, ?kGb]xL
l;=g++= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
! l;6L clkm; g]kfnu~h, afFs] )*!–%@%^$^ nco@nepalbank.com.np
g]kfnu~h )*!–%@)!^*
)*!–%@)#@)
@ l;4fy{gu/ l;4fy{gu/, ?kGb]xL )&!–%@)^$^ bhw@nepalbank.com.np
)&!–%@)!#%
# s[i0fgu/ s[i0fgu/, slknj:t' )&^–%@)*%^ nblkrishnagar@nepalbank.com.np
)&^–%@))@@
$ kfNkf tfg;]g, kfNkf )&%–%@@^%$ nblpalpa@nepalbank.com.np
)&%–%@)!#)
% bfË 3f]/fxL, bfË )*@–%^)!^^ dan@nepalbank.com.np
)*@–%^))!@
^ /fhfk'/ /fhfk'/, alb{of )*$–$^)#%% nblrajapur@nepalbank.com.np
)*$–$^)!%%

102 ^) cf}+ jflif{s k|ltj]bg

& Ko'7fg dNn/fgL, Ko'7fg )*^–$@))%) nblpyuthan@nepalbank.com.np
)*^–$@)@@#
* l;6L clkm; a'6jn, ?kGb]xL )&!–%$)@*) btl@nepalbank.com.np
v:of}nL )&!–%$!)#^
)&!–%$)@(!
( /f]Nkf /f]Nkf )*^–$$)@(# nblrolpa@nepalbank.com.np
)*^–$$)!!%
!) wDaf]hL g]kfnu~h, afFs] )*!–%@@!#) njd@nepalbank.com.np
)*!–%@)@)%
!! dl0fu|fd dl0fu|fd, ?kGb]xL )&!–%^@&@% nblmanigram@nepalbank.com.np

!@ ;fgf]>L dw'jg, alb{of )*$–$$))^% nblsanoshree@nepalbank.com.np

!# 3lt{ufpF df8L, /f]Nkf )*^–$!^)@$ nblghartigaun@nepalbank.com.np

!$ d'lu{of ;}gfd}gf, ?kGb]xL )&!–$$)#^# nblmurgiya@nepalbank.com.np

!% sf]xnk'/ sf]xnk'/, afFs] )*!–%$)@)^ nblkohalpur@nepalbank.com.np

)*!–%$)%@)
!^ ?s'dsf]6 l;:g], ?s'd k"j{ )**–$!#)*& rukumkot@nepalbank.com.np

!& 7'6] lkkn cf]d ;ltof, ?kGb]xL )&!–$@($(& nblthutepipal@nepalbank.com.np

!* rGb|f}6f lzj/fh, slknj:t' )&^–%$)#&# nblchandrauta@nepalbank.com.np

)&^–%$)#($
!( zflGtk'/ rGb|sf]6, u'NdL )&(–$@))%^ nblshantipur@nepalbank.com.np
)&(–$@))%&
@) u'nl/of u'nl/of, alb{of )*$–$@)%)@ nblgulariya@nepalbank.com.np
)*$–$@!@)^
@! kflNxgGbg kflNxgGbg, gjnk/f;L (*%&)$^*%$ nblpalhinandan@nepalbank.com.np

@@ t'N;Lk'/ t'N;Lk'/, bfË )*@–%@#$*% nbltulsipur@nepalbank.com.np

)*@–%#@$*$
@# 5x/f /}gfb]jL 5x/f, kfNkf )&%–^@))^) nblchhahara@nepalbank.com.np

@$ n'ªu|L n'ªu|L, /f]Nkf (&$(!$^(*& nbllungri@nepalbank.com.np

@% 7fs'/åf/f 7fs'/åf/f, alb{of )*$–$)@)($ nblthakurdwara@nepalbank.com.np

@^ ;lGwvs{ ;lGwvs{, cuf{vfFrL )&&–$@)*(@ nblsandhikharka@nepalbank.com.np

^) cf}+ jflif{s k|ltj]bg 103

 @& lah'jf/ Ko'7fg )*^–$^)^(( nblbijuwar@nepalbank.com.np

@* l;;xlgof /fKtL, bfË )*@–$)@!!! nblsisahaniya@nepalbank.com.np

)*@–$)@!!@

s0ff{nL k|b]z
k|fb]lzs sfof{no M lj/]Gb|gu/, ;'v]{t
l;=g++= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
! ;Nofg zf/bf, ;Nofg )**–%@)### nblsalyan@nepalbank.com.np
)**–%@)#)#
)**–%@))&#
@ hfh/sf]6 e]/L,hfh/sf]6 )*(–$#)@!( nbljajarkot@nepalbank.com.np
)*(–$#)!!(
# ?s'd d'l;sf]6, ?s'd )**–%#))(# nblrukum@nepalbank.com.np
)**–%#)#%)
$ 8f]Nkf 7'nL e]/L, 8f]Nkf )*&–%%))*$ nbldolpa@nepalbank.com.np

% lj/]Gb|gu/ lj/]Gb|gu/, ;'v]{t )*#–%@!)^^ nblbirendranagar@nepalbank.com.np

)*#–%@)@^$
^ afurf}/ afurf}/, ;Nofg )**–$!@)(# nblbagchaur@nepalbank.com.np

& hub'Nnf hub'Nnf, 8f]Nkf (*%&)$!@(% nbljagadulla@nepalbank.com.np

* sfOs] sfOs], 8f]Nkf (*^*(&)^!! nblkaike@nepalbank.com.np

;'b'/klZrd k|b]z
k|fb]lzs sfof{no M wgu9L, s}nfnL
l;=g++= zfvf sfof{no 7]ufgf ;Dks{ g++= Od]n
! l6sfk'/ l6sfk'/, s}nfnL )(!–%^)!%% nbltikapur@nepalbank.com.np
)(!–%^)(!&
@ wgu9L wgu9L, s}nfnL )(!–%@!!)( dhg@nepalbank.com.np
)(!–%@!$)(
# dx]Gb|gu/ ledbQ, sGrgk'/ )((–%@!@*% nblmahendranagar@nepalbank.co.np
)((–%@!##@
$ ljnf;k'/ z'SnfkmfF6f,sGrgk'/ )((–%$))^* nblbilaspur@nepalbank.com.np

% 88]Nw'/f cd/u9L, 88]Nw'/f )(^–$!)@%) nbldadeldhura@nepalbank.com.np

^ hf]ua'9f k/z'/fd, 88]Nw'/f )(^–$!!))( nbljogbudha@nepalbank.com.np

& lqj]0fL lqj]0fL, afh'/f (*$%%$(%@* nbltriveni@nepalbank.com.np

104 ^) cf}+ jflif{s k|ltj]bg

 k|aGwkqdf ul/Psf] k|:tfljt ;+zf]wgsf] tLg dxn]
-k|aGwkqsf] bkmf % sf] …sÚ …vÚ …uÚ …3Ú / bkmf !@ -@_ df ;+zf]wg_
qm= ;DalGwt ;fljssf] Joj:yf k|:tfljt ;+zf]wg ;+zf]wg ug'{kg]{ sf/0f
;+= ljifo
!= sDkgLsf] bkmf %= sDkgLsf] k"FhLsf] ;+/rgf M a}+ssf] bkmf %= sDkgLsf] k"FhLsf] ;+/rgf M a}+ssf] k"FhLsf] a}sn] xfn k|:tfj
k"FhLsf] k"FhLsf] ;+/rgf b]xfo jdf]lhd x'g]5 M– ;+/rgf b]xfo jdf]lhd x'g]5 M– u/]sf] af]g; z]o/
;+/rgf -s_ a}+ssf] clws[t k"FhL -s_ a}+ssf] clws[t k"FhL yk x'Fbf k"FhL
?=!),)),)),)),)))÷– -cIf/]kL bz ca{_ ?=!%,)),)),)),)))÷– -cIf/]kL kGw| ca{_ x'g]5 ;+/rgfdf x'g]
x'g]5, ;f] k"FhLnfO{ ?=!))÷– b/n] . ;f] k"FhLnfO{ ?=!))÷— b/n] !%,)),)),))) kl/jt{g tyf cfufdL
!),)),)),))) yfg ;fwf/0f z]o/df yfg ;fwf/0f z]o/df ljefhg ul/Psf] 5 . lbgdf ;d]t kF"hL
ljefhg ul/Psf] 5 . ;/+rgfdf cfpg]
kl/jt{gnfO{ ;Daf]wg
-v_ a}s+ n] tTsfn hf/L ug]{ z]o/ k"FhL -v_ a}+sn] tTsfn hf/L ug]{ z]o/ k"FhL ug{ ;d]t clws[t
?=(,*!,!!,$*,)))÷– -cIf/]kL gf} ca{ ?=!!,@*,@*,@),@))÷– -cIf/]kL P3f/ ca{ k"FhLdf a[l¢ u/L
Psf;L s/f]8 P3f/ nfv c9rfln; xhf/_ c¶fO; s/f]8 c¶fO; nfv aL; xhf/ b'O{ ;o_ ;fljssf] k"FhL
x'g]5 . x'g]5 . ;+/rgfdf ;+zf]wg
-u_ a}+ssf] tTsfn r'Qmf kF"+hL -u_ a}+ssf] tTsfn r'Qmf kF"+hL ug{ cfjZos
?=(,*!,!!,$*,)))÷– -cIf/]kL gf} c/a ?=!!,@*,@*,@),@))÷– -cIf/]kL P3f/ ca{ b]lvPsf]n] .
Psf;L s/f]8 P3f/ nfv c9rfln; xhf/_ c¶fO; s/f]8 c¶fO; nfv aL; xhf/ b'O{ ;o_
x'g]5 . x'g]5 .
-3_ a}+sn] clws[t kF"+hLsf] %(,%),%() yfg -3_ a}+sn] r'Qmf kF"+hLsf] %,%@,*%,*!( yfg z]o/
z]o/ ;j{;fwf/0fsf] nflu 5'§ofPsf] 5 . ;j{;fwf/0fsf] nflu 5'§ofPsf] 5 .
@= ;+:yfks bkmf !@=;+:yfksx?n] tTsfn lng sj'n bkmf !@= ;+:yfksx?n] tTsfn lng sj'n u/]sf] a+}sn] xfn k|:tfj
x?n] u/]sf] z]o/ ;+Vof M -!_ xfdL g]kfn a}+s z]o/ ;+Vof M -!_ xfdL g]kfn a}+s lnld6]8sf u/]sf] af]g; z]o/
tTsfn lnld6]8sf ;+:yfksx?n] b]xfo adf]lhdsf] ;+:yfksx?n] b]xfo adf]lhdsf] ;+Vofdf z]o/ yk x'Fbf r'Qmf k"FhLdf
lng sj'n ;+Vofdf z]o/ lng sa'n u/L b]xfosf lng sa'n u/L b]xfosf ;fIfLsf] /f]xj/df o; x'g] kl/jt{nfO{
u/]sf] ;fIfLsf] /f]xj/df o; k|jGwkqdf ;xL5fk k|jGwkqdf ;xL5fk u/]sf 5f}+ . ;Daf]wg ug{ ;+zf]wg
z]o/ u/]sf 5f}+ . ug{ cfjZos
;+Vof b]lvPsf]n] .
-@_ pkbkmf -!_ df h'g;'s} s'/f n]lvPsf] -@_ pkbkmf -!_ df h'g;'s} s'/f n]lvPsf]
ePtf kgL ;flas g]kfn a}+s sfg"g !(($ ePtfklg ;flas g]kfn a}+s sfg"g !(($
cGt/ut :yfkgf eO{ k'g ;flasdf afl0fHo cGtu{t :yfkgf eO{ k'gM ;fljsdf jfl0fHo a}+s
a}+s P]g @)#! cGt/ut a}+ssf] z]o/ P]g, @)#! cGtu{t a}+ssf] z]o/ :jfldTj
:jfldTj ;+DjGwL clen]vdf plNnflvt ;DaGwL clen]vdf plNnlvt z]o/wgLx?nfO{ g}
z]o/wgLx?nfO{ g} a}+ssf] ;+:yfks tyf a}+ssf] ;+:yfks tyf cGo z]o/wgL dfgL ;f]xL
cGo z]o/wgL dfgL ;f]xL adf]lhd :jfldTj adf]lhd :jfldTj sfod /x]sf] dflgg] 5 .
sfod /x]sf] dflgg] 5 .
;+:yfks afa' afh] lngsa'n u/]sf] ;fIfLsf] ;+:yfkssf] afa' afh] lngsa'n ;fIfLsf]
sf] gfd, sf] sf] z]o/ ;+Vof gfd, gfd, 7]ufgf / sf] sf] u/]sf] z]o/ gfd, y/,
7]ufgf / gfd gfd y/,
;xL5fk 7]ufgf / ;xL5fk gfd gfd ;+Vof 7]ufgf /
;xL5fk ;xL5fk
b=!=gfdM – – %,)),#^,*%% b=!=gfdM – – %,&%,$@,#*#
g]kfn ;fwf/0f z]o/ g]kfn ;/sf/ ;fwf/0f z]o/
;/sf/ %! k|ltzt %! k|ltzt

b=@=;j{ – – $,*),&$,^@% b=@=;j{ – – %,%@,*%,*!(

;fwf/0f ;fwf/0f z]o/ ;fwf/0f ;fwf/0f z]o/
z]o/wgL $( k|ltzt z]o/wgL $( k|ltzt
hDdf (,*!,!!,$*) hDdf !!,@*,@*,@)@
;fwf/0f z]o/ ;fwf/0f z]o/

105
 lgodfjnLdf ul/Psf] k|:tfljt ;+zf]wgsf] tLg dxn]
-lgodfjnLsf] lgod @( -!_ sf] …vÚ …uÚ …3Ú / lgod $# -@_ df ;+zf]wg_

qm= ;DalGwt ;fljssf] Joj:yf k|:tfljt ;+zf]wg ;+zf]wg

;+= ljifo ug'{kg]{ sf/0f
!= ;~rfnssf] bkmf @(-!_= ;~rfnssf] kfl/>lds, eQf / ;'ljwf bkmf @(-!_= ;~rfnssf] kfl/>lds, eQf /
kfl/>lds, ;DaGwL Joj:yf M ;'ljwf ;DaGwL Joj:yf M
eQf /
;'ljwf -v_ ;~rfns ;ldltsf] a}7sdf pkl:yt eP -v_ ;~rfns ;ldltsf] a}7sdf pkl:yt eP ;~rfnsnfO{
;DaGwL jfkt cWoIf tyf cGo ;b:on] kfpg] a}7s eQf jfkt cWoIfn] a}7s eQf ?= *,)))÷– -cf7 k|bfg ul/g]
Joj:yf ?= $)))÷– -rf/ xhf/_ x'g]5 / a}7sdf xhf/_ tyf cGo ;b:on] a}7s eQf a}7s eQfdf
pkl:yt x'Fbf kf/jxg ;'ljwf ;d]t lbOg] 5 . ?= ^,)))÷– -5 xhf/_ x'g]5 / a}7sdf pkl:yt ;dofg's'n
x'Fbf kf/jxg ;'ljwf ;d]t lbOg]5 . a[l¢ ug{
dgfl;j
b]lvPsf]n] .

-u_ a}+ssf] sfdsf] l;nl;nfdf ;~rfnsnfO{ k|bfg -u_ a}+ssf] sfdsf] l;nl;nfdf ;~rfnsnfO{ a}+ssf]
ul/g] b}lgs tyf e|d0f eQf b]xfo adf]lhd x'g] k|bfg ul/g] b}lgs tyf e|d0f eQf b]xfo sfdsf]
5. adf]lhd x'g] 5 . l;nl;nfdf
c_ g]kfn clw/fHo leq :jb]z tyf
c_ g]kfn leq ed|0f ubf{ . ljb]z ed|0f
b}lgs eQf jfkt ?= !@))÷– ubf{
cfjf; vr{ jfkt lan k]z u/]sf] cfwf/df b}lgs M ?= #,)))÷– k|ltlbg ;~rfnsnfO{
?= @%))÷– k|ltlbg eQf k|bfg ul/g]
b}lgs tyf
vfgf vr{ jfkt lan k]z u/]sf] cfwf/df cfjf; M lan k]z u/]sf] cfwf/df e|d0f eQfdf
al9df ?= !)))÷–k|ltlbg vr{ a9Ldf ?= $,)))÷– ;dofg's'n
kl/axg jfkt lan, l6s6 cg';f/sf] /sd k|ltlbg a[l¢ ug{
e'QmfgL lbO{g] 5 . vfgf M lan k]z u/]sf] cfwf/df dgfl;j
cf_ lab]zdf hf+bfsf] b}lgs eQf vr{ a9Ldf ?= b]lvPsf]n] .
@,)))÷– k|ltlbg
b}lgs eQfM–
ef/tdf ef/t afx]s ;a} cf_ lab]z ed|0f ubf{ M cGt/f{li6«o
/fi6«sf nflu ;Dd]ng, ;]ldgf/, ;df/f]x, lgdGq0ff
ef? 8n/ jf a}7sdf, tflnd tyf a}+ssf] cGo
s_ cWoIfnfO{ ^@%÷– !^)÷– s'g} sfdsf] l;nl;nfdf nflu lab]z
ed|0fdf hfFbf ef/t afx]ssf ;a}
v_ ;~rfnsnfO{ ^))÷– !%%÷– /fi6«sf nflu k|ltlbg cd]l/sL 8n/
ef/t tyf cGo /fi6«x?df e|d0fdf hf+bf kf+r tf/] @@%÷– / ef/tdf e|d0f ubf{ cd]l/sL
xf]6ndf a:g / xjfO{ dfu{åf/f ofqf ubf{ lahg]z 8n/ !!%÷– kfOg] 5 .
Snf;af6 ofqf ug{ ;lsg]5 . vfgf vr{ jfktsf]
xf]6nsf] lan cg';f/sf] /sd, kl/jxg vr{
jfktsf] /sd / xjfO{ l6s6sf] /sd a}+sn]
Joxf]g]{ 5 .
-3_ cGo ;'lawfx? M– -3_ cGo ;'lawfx? M– ;~rfnsnfO{
c_ kqklqsf jfkt dfl;s ?=@)))÷– k|bfg ul/g]
c_ kqklqsf jfkt dfl;s ?=@,)))÷– cGo
cf_ 6]lnkmf]g jfkt M– Ps ;]6 df]jfO{n / -b'O{ xhf/_ ;'ljwfsf]
Nof08nfO{g, df]afOn tyf O{G6/g]6 jfkt cf_ 6]lnkmf]g÷df]jfOn jfkt M– Ps ;]6 e'QmfgLdf

106
 Psd'i7 ?= %)))÷– ;Ddsf] lansf] /sd df]jfOn / Nof08nfOg, df]afOn tyf ;xhtf
a}+sn] Joxf]g]{ 5 . OG6/g]6 jfkt Psd'i7 ?= %)))÷– Nofpg .
O_ ;~rfns ;ldltsf] a}7sdf efu lng cfp+bf -kfFr xhf/_ ;~rf/ ;'ljwf dfl;s . kl/jxg eQf
kl/jxg eQf jfkt ? @))÷– kfpg] 5 . kqklqsf / ;~rf/ /sd k|bfg ubf{ / b'3{6gf
lgodfg';f/ nfUg] s/ s§f u/L Psd'i7 aLdf afktsf]
O{_ b'3{6gf ladf afkt ?=^,)),)))÷– -5 /sd Go"g
nfv_ /sd k|bfg ul/g] 5 .
/x]sf]n]
O_ ;~rfns ;ldltsf] a}7sdf efu lng ;dofg's"n
cfpFbf kl/jxg eQf jfkt ? !,)))÷– a[l¢ ug{
-Ps xhf/_ b}lgs kfpg] 5 . dgfl;j
O{_ b'3{6gf ladf afkt ?= !%,)),)))÷– b]lvPsf]n] .
-kGw| nfv_ .
@= ;+:yfksx? bkmf $#= ;+:yfksx?n] tTsfn lng sj'n u/]sf] bkmf $#= ;+:yfksx?n] tTsfn lng sj'n u/]sf]
n] tTsfn z]o/ ;+Vof M z]o/ ;+Vof M
lng sj'n
u/]sf] z]o/ -!_ xfdL g]kfn a}+s lnld6]8 gfds sDkgLsf -!_ xfdL g]kfn a}+s lnld6]8 gfds sDkgLsf a}sn] xfn
;+Vof ;+:yfksx?n] b]xfo adf]lhdsf] ;+Vofdf z]o/ lng ;+:yfksx?n] b]xfo adf]lhdsf] ;+Vofdf z]o/ k|:tfj u/]sf]
sa'n u/L b]xfosf ;fIfLsf] /f]xa/df o; lng sa'n u/L b]xfosf ;fIfLsf] /f]xa/df o; af]g; z]o/
lgodfjnLdf ;xL5fk u/]sf 5f}+ . lgodfjnLdf ;xL5fk u/]sf 5f}+ . yk x'Fbf r'Qmf
kF"hLdf x'g]
-@_ pkbkmf -!_ df h'g;'s} s'/f n]lvPsf] ePtf -@_ pkbkmf -!_ df h'g;'s} s'/f n]lvPsf] ePtf kl/jt{nfO{
kgL ;flas g]kfn a}+s sfg"g !(($ cGt/ut kgL ;flas g]kfn a}+s sfg"g !(($ cGt/ut ;Daf]wg ug{
:yfkgf eO{ k'g M ;flasdf afl0fHo a}+s P]g @)#! :yfkgf eO{ k'g M ;flasdf jfl0fHo a}+s P]g, ;+zf]wg ug{
cGt/ut a}+ssf] z]o/ :jfldTj ;+DjGwL clen]vdf @)#! cGtu{t a}+ssf] z]o/ :jfldTj ;+DjGwL cfjZos
plNnlvt z]o/wgLx?nfO{ g} a}+ssf] ;+:yfks tyf clen]vdf plNnlvt z]o/wgLx?nfO{ g} a}+ssf] b]lvPsf]n] .
cGo z]o/wgL dfgL ;f]xL adf]lhd :jfldTj sfod ;+:yfks tyf cGo z]o/wgL dfgL ;f]xL adf]lhd
/x]sf] dflgg] 5 . :jfldTj sfod /x]sf] dflgg] 5 .

;+:yfkssf] afa' afh] lngsa'n ;fIfLsf] ;+:yfkssf] afa' afh] lngsa'n ;fIfLsf]
gfd, 7]ufgf / sf] sf] u/]sf] z]o/ gfd, y/, gfd, 7]ufgf / sf] sf] u/]sf] z]o/ gfd, y/,
;lx5fk gfd gfd ;+Vof 7]ufgf / ;xL5fk gfd gfd ;+Vof 7]ufgf /
;xL5fk ;xL5fk
b=!=gfdM – – %,&%,$@,#*#
b=!=gfdM – – %,)),#^,*%% g]kfn ;/sf/ ;fwf/0f z]o/
g]kfn ;/sf/ ;fwf/0f z]o/ %! k|ltzt
%! k|ltzt b=@=;j{ – – %,%@,*%,*!(
b=@=;j{ – – $,*),&$,^@% ;fwf/0f ;fwf/0f z]o/
;fwf/0f ;fwf/0f z]o/ z]o/wgL $( k|ltzt
z]o/wgL $( k|ltzt hDdf !!,@*,@*,@)@
hDdf (,*!,!!,$*) ;fwf/0f z]o/
;fwf/0f z]o/

107
108 ^) cf}+ jflif{s k|ltj]bg
Notes:

^) cf}+ jflif{s k|ltj]bg 109

 Notes:

110 ^) cf}+ jflif{s k|ltj]bg