Operations

Working Capital Management focusing on Nepal Rastra Bank Guidelines Background

Loan is an asset to any financial institution. A bank normally maintains more than 60% of its loan portfolio under working capital. That is why it is very much necessary to ensure that a working capital loan does not become bad as it is normally not secured by other collateral security. These types of loans are secured by current assets and that are in the possession of the borrower themselves.
 

Training on Payment Systems Related Legal & Regulatory Provision Background

Present is the digital age. Doing digital is the talk of the town. Banks, Financial Institutions, Corporates and whole eco-system is inching towards digital landscape day-by-day. Nepal Rastra Bank has issued license as Payment System Operator and Payment Service Provider for the cause. The human resources involved in those institutions need to be continually refreshed with latest updates over the related issues. 
 

Fraudulent Behavior with Document and Signature Forgery

For financial institutions, better handling of different types of documents is essential. Technique to communicate with customer legally with good faith is always required in any institutions. Likewise signature verification is basic need for bankers whereas losses due to forged signature are in increasing order. Similarly, trade of counterfeit currency is big threat for our economy. Forensic laboratory is continually receiving such forged documents, cheques as well as currencies. The awareness towards it is essential for bankers.

Training on Payment Systems Related Legal & Regulatory Provisions

Present is the digital age. Doing digital is the talk of the town. Banks, Financial Institutions, Corporates and whole eco-system is inching towards digital landscape day-by-day. Nepal Rastra Bank has issued license as Payment System Operator and Payment Service Provider for the cause. The human resources involved in those institutions need to be continually refreshed with latest updates over the related issues.
 

Fraudulent Behavior with Document and Signature Forgery and Security Features of Currencies

For financial institutions, better handling of different types of documents is essential. Technique to communicate with customer legally with good faith is always required in any institutions. Likewise signature verification is basic need for bankers whereas losses due to forged signature are in increasing order. Similarly, trade of counterfeit currency is big threat for our economy. Forensic laboratory is continually receiving such forged documents, cheques as well as currencies. The awareness towards it is essential for bankers.

Nepalese Financial Reporting Standard

The Institute of Chartered Accountants of Nepal (ICAN) has announced the implementation of NFRS in Commercial Banks from fiscal year 2015/16. However, Nepal Rastra Bank has issued its directive to commercial banks to prepare their financial statements of 2017/18 based on NFRS.  NFRS is principle based a high quality standard which is divergent to local GAAP. Adoption of NFRS impacted greater areas including financial reporting as well as loan loss provisioning requirements.

Nepalese Taxation System

Taxation, as a crucial activity, is mainly concerned with identification of tax payers, compliance with laws, collection of evidences, verifying the income, authenticating the tax accounting process, and so on. Sound knowledge and skills in taxation system is possible when the staff are acquainted with various aspects of taxation, such as taxation acts, rules, regulations and norms and their application by various incumbents.

Fraudulent Behavior with Document and Signature Forgery and Security Features of Currencies

For financial institutions, better handling of different types of documents is essential. Technique to communicate with customer legally with good faith is always required in any institutions. Likewise signature verification is basic need for bankers whereas losses due to forged signature is in increasing order. Similarly, trade of counterfeit currency is big threat for our economy. Forensic laboratory is continually receiving such forged documents, cheques as well as currencies. The awareness towards it is essential for bankers.

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