Banking Notes

What is the financial statement? वित्तीय विवरण भनेको के हो? The accounting output of the bank or organization is called a financial statement.  It is reporting part of account cycle which is used to provide information to the concern authorities. It is prepared by using unique techniques. It is also called the final account. Core […]

Nepal Rastra Bank formulated the IT policy for own implementation and for all the other licenses bank and financial institutions. NRB also formulate the Nepal Rastra Bank information technology guidelines (NRB IT Guidelines). The main objectives of the NRB IT policy are – To ensure secure, stable and standard IT infrastructure. To ensure availability, integrity,

What is banking offence? Banking offence is such unauthorized activities that make losses to the banking system. It is also known as banking fraud. Banking fraud is the use of potentially illegal means to obtain money, assets and other property owned by financial institutions. This types of offences are carryout by bankers, the board of

What is Internal Control System? के हो आन्तरिक नियन्त्रण प्रणाली? कुनै पनि संस्थाभित्रको वित्तीय तथा आर्थिक पक्षमात्र नभई , प्रशासनिक पक्ष, प्राविधिक पक्ष, कानुनि पक्ष, भौतिक पक्ष लागायत समग्र पक्षको चेक जाँच गरि संस्थाको लक्ष्य र उदेश्य प्राप्ति गर्न बैंककै कर्मचारीहरुद्वारा गरिने परिक्षणलाई आन्तरिक नियन्त्रण भनिन्छ। यो व्यवस्थापनको एउटा औजार मानिन्छ। यसले संस्था भित्र check

Duties and Obligations of Commercial Banks – बैंकको दाइत्वहरु The commercial banks need to fulfill the following obligation formulated by the Nepal Rastra Bank. 1) Maintaining Cash Reserve Ratio (CRR) Cash reserve ratio (CRR) is the certain (%) amount of total deposit that needs to be deposited in the Central Bank. The bank should deposit

What is the Article of Association (AOA)? के हो नियमावली? Article of Asociation or AOA is called (नियमावली) in Nepali. It is the document containing all the rules and regulations to run a company. It defines the overall company’s purpose. It the document which tells what is the procedure for appointing the board of directors, recording

What is Management? के हो व्यवस्थापन? वातवरणीय विश्लेषणबाट परिलक्षित गरिएको Vision, Mission र Objectives प्राप्त गर्न गरिएको व्यवस्थापकीय कार्यहरु (Planning, Organizing, Directing & Controlling) स्रोत साधनको बाँड फाँड, उत्पादनका साधनहरु (Land, Labour, Capital & Technology) को सन्तुलित प्रयोग गर्दै प्रतिस्पर्धात्मक (Competitive), तुलनात्मक (Comparative), रणनीतिक(Strategic) लाभ हासिल गर्न बनाउने संरचना, नीतिगत आधार तथा कार्यगत आधारहरुको समस्टिगत

Functions of Management There are primarily 4 functions of management. Planning Organizing Directing Controlling 1) Planning Planning is a process of thinking before taking action. It involves mapping out exactly how to achieve a specific goal as a manager. He/she will need to map out detailed actions about what to do when to do, and

What is Leadership? A leader is one who knows the way, shows the way and goes the way. Leadership is sub-function of directing in management. Leadership is the process of influencing followers in order to achieve short term, middle term and long term goals of an organization. Leadership is the ability of an individual or

What is Decision Making? Decision making is the important sub-function of directing in management. It is the process of selecting the best of best from the available alternatives for the change and for further growth. विज्ञहरुले यसलाई कल्प, विकल्प, निर्विकल्प र संकल्पको समस्टिगत रुप हो भनेर परिभाषित गरेका छन्। Process of Decision Making Identification of