Kathmandu. Nepal Rastra Bank (NRB) has issued strict directives to the banks to publish their financial statements. Issuing a circular to A, B, C, D and Infrastructure Development Bank today, the central bank directed them to publish their financial details.
“Fiscal Year 2082. Out of the interest income accounted for on the basis of dividends in the first quarter of 2083, the amount other than the interest income received as on October 30, 2082 shall be deducted from the amount deposited in the income tax, employee bonus and statutory fund (general reserve fund and corporate social responsibility fund) as per the prevailing provision and the remaining amount should be spent and deposited in the regulatory fund by spending the accumulated profits. The circular states.
Similarly, the banks have to send monthly and quarterly statements to the Nepal Rastra Bank and publish the interim financial report for the fiscal year 2082. The deadline for sending the interim financial report to the Rastra Bank and publishing the interim financial report in the case of the first quarter of 83 B.S. has been extended till November 7, 2082.
