33 entries
Actual and Available Balanceवास्तविक र उपलब्ध मौज्दातActual (ledger) balance is the total amount recorded in an account; available balance is the part the customer can actually withdraw or spend right now after holds, uncleared items and required minimum balance are deducted.Banking BasicsAgency Bankingएजेन्सी बैंकिङDelivery of basic banking services through third-party agents (business correspondents) appointed by a bank, such as local shops or cooperatives, instead of through the bank's own branch.Banking BasicsAny Branch Banking Service (ABBS)ABBSजुनसुकै शाखा बैंकिङ सेवा (एबीबीएस)A facility that lets a customer deposit, withdraw or transfer money from any branch of the same bank, not only the branch where the account was opened.Banking BasicsBancassuranceबैंकास्योरेन्सAn arrangement in which a bank sells an insurance company's policies to its customers, acting as a corporate agent, and earns commission.Banking BasicsBank Reconciliation StatementBRSबैंक हिसाब मिलान विवरणA statement prepared to explain and reconcile the difference between the bank balance shown in the cash book (bank column) and the balance shown in the bank statement on the same date.Banking BasicsBank and Financial Institution (BFI)BFIबैंक तथा वित्तीय संस्थाA public limited company licensed by Nepal Rastra Bank under the Bank and Financial Institution Act, 2073 to carry out banking and financial transactions such as accepting deposits and lending.Banking BasicsBanking Secrecyबैंकिङ गोपनीयताThe legal duty of a BFI to keep its relationship with customers and their accounts, ledgers and records confidential, except where the law requires disclosure.Banking BasicsBehavioural Bankingव्यवहार बैंकिङAn approach to banking that designs products, communication and service around how customers actually think and behave, so as to build trust and a good customer experience.Banking BasicsBranchless BankingBLBशाखारहित बैंकिङProvision of basic banking services such as deposits, withdrawals and transfers outside a conventional branch, usually through agents using cards and POS terminals in areas without bank branches.Banking BasicsCash and Vault Managementनगद तथा ढुकुटी व्यवस्थापनThe procedures a bank branch uses to receive, hold, count, record, move and protect cash and valuables in its vault and at its counters.Banking BasicsCentral Bankकेन्द्रीय बैंकThe apex monetary authority of a country that issues currency, conducts monetary policy, regulates banks and acts as banker to the government and to banks. In Nepal this is Nepal Rastra Bank.Banking BasicsClass A: Commercial Bank"क" वर्ग: वाणिज्य बैंकA bank licensed by NRB in class "A" under BAFIA 2073, permitted to carry out the widest range of banking and financial transactions in Nepal.Banking BasicsClass B: Development Bank"ख" वर्ग: विकास बैंकA financial institution licensed by NRB in class "B" under BAFIA 2073 that must use the words "development bank" in its name and may carry out a defined subset of banking transactions.Banking BasicsClass C: Finance Company"ग" वर्ग: वित्त कम्पनीA financial institution licensed by NRB in class "C" under BAFIA 2073 that must use the words "finance company" in its name and may carry out a narrower set of deposit and lending activities.Banking BasicsClass D: Microfinance Financial InstitutionMFI"घ" वर्ग: लघुवित्त वित्तीय संस्थाA financial institution licensed by NRB in class "D" under BAFIA 2073 that provides small loans and related services mainly to low-income groups and their members, and must use "microfinance financial institution" in its name.Banking BasicsClean Note Policyसफा नोट नीतिNRB's policy requiring banks to put only clean, fit notes back into circulation and to separate soiled or damaged notes for return to NRB or a currency chest.Banking BasicsCorporate Bankingकर्पोरेट बैंकिङBanking services for large companies, institutions and government entities, covering large loans, working capital, project and consortium finance, trade finance, cash management and treasury products.Banking BasicsCounterfeit Note Detectionनक्कली नोट पहिचानChecking banknotes for the security features printed by the issuing central bank so that forged notes are identified and kept out of circulation.Banking BasicsCurrency ChestनोटकोषA store of NRB-owned currency kept at a designated bank branch in places without an NRB office, from which banks draw fresh notes and to which they deposit surplus and unfit notes.Banking BasicsCustomer Complaint and Grievance Handlingग्राहक गुनासो सुनुवाइThe system a BFI must keep to receive, record, resolve and report customer complaints, with escalation to NRB if the customer is not satisfied.Banking BasicsFinancial Inclusionवित्तीय समावेशीकरणMaking useful and affordable formal financial services such as accounts, payments, credit, insurance and remittance available to all people and businesses, and encouraging them to use those services.Banking BasicsFinancial Literacyवित्तीय साक्षरताThe knowledge, skills, attitude and behaviour people need to make sound decisions about earning, saving, borrowing, investing and protecting money.Banking BasicsFunctions of a Commercial Bankवाणिज्य बैंकका कार्यहरूThe primary, agency and general utility services a commercial bank provides, centred on accepting deposits and lending, plus payment, remittance and other services.Banking BasicsInter-bank and Inter-branch Transactionअन्तरबैंक तथा अन्तरशाखा कारोबारInter-bank transactions are dealings between two different banks, such as clearing, fund transfers and interbank lending; inter-branch transactions are entries between branches of the same bank that must be reconciled through the head office.Banking BasicsLimited Banking Unitसीमित बैंकिङ इकाइA small office opened by a BFI, staffed regularly or on fixed days, to provide limited banking services in unbanked areas outside the Kathmandu Valley and other cities.Banking BasicsMerger and AcquisitionM&Aगाभ्ने गाभिने तथा प्राप्तिA merger combines two or more BFIs into one (either a new entity or the survivor), while an acquisition is one BFI buying all or a controlling part of another's assets, liabilities or shares.Banking BasicsMobile (Ghumti) Banking Serviceघुम्ती बैंकिङ सेवाBanking service provided from an office set up in a vehicle that visits places without banking access on a schedule, under NRB's Unified Directive.Banking BasicsNeo Bankनियो बैंकA digital-first financial institution, usually technology or fintech led, that offers banking services only through mobile apps and online platforms without physical branches.Banking BasicsNomineeइच्छाएको व्यक्ति (नोमिनी)The person an account holder names in advance to receive the deposit if the account holder dies.Banking BasicsRetail Bankingखुद्रा बैंकिङBanking services offered to individual customers and small businesses, such as saving accounts, fixed deposits, personal, home and auto loans, cards, remittance and digital banking.Banking BasicsSoiled and Mutilated Notesझुत्रा तथा बिग्रेका नोटBanknotes that are dirty, worn, torn, burnt, wet, written on or otherwise damaged so that they are no longer fit to be re-issued into circulation.Banking BasicsUniversal Bankingयुनिभर्सल बैंकिङA model in which one banking group offers a wide range of financial services, such as commercial banking, investment banking, securities, insurance distribution and asset management, under one roof.Banking BasicsVirtual Bankभर्चुअल बैंकA bank that delivers its services mainly or entirely through the internet and other electronic channels, without a network of physical branches.Banking Basics