NRB Extends Deadline for Submission of Interim Financial Reports for FY 2082/83 First Quarter
Summary
Nepal Rastra Bank has extended the deadline for submission of interim financial reports for the first quarter of fiscal year 2082/83 to 21 Kartik 2082, along with guidelines on interest income allocation for licensed institutions.
Key Points
- Nepal Rastra Bank (NRB) issued directives on accounting and reporting of interest income for FY 2082/83 first quarter.
- Interest income, except that received by 15 Kartik 2082, should cover income tax, employee bonuses, and statutory funds before being retained.
- Licensed banks and financial institutions categories A, B, C and infrastructure banks must submit monthly and quarterly reports.
- Deadline for interim financial statement submission and publication extended to 21 Kartik 2082 by NRB.
