23 entries
IT and Cyber Security Riskसूचना प्रविधि तथा साइबर सुरक्षा जोखिमIT and cyber risk is the risk of loss, disruption or data compromise from failure or misuse of information systems, including hacking, malware, fraud through digital channels and system outages.Risk & ComplianceIncome Tax Act, 2058ITAआयकर ऐन, २०५८The Act that levies and administers income tax in Nepal, including special rules for banking business and the tax that banks must withhold on interest, salaries and other payments.ActBanking Laws (Acts)Incotermsइन्कोटर्म्सIncoterms are standard trade terms published by the International Chamber of Commerce that define the responsibilities of buyers and sellers for delivery, costs and risk in international sales.Forex & Trade FinanceInflationमुद्रास्फीतिA sustained rise in the general price level of goods and services, which reduces the purchasing power of money. In Nepal it is measured by the change in the consumer price index compiled by NRB.Monetary Policy & NRBInitial Public OfferingIPOप्रारम्भिक सार्वजनिक निष्काशनAn IPO is the first sale of a company's shares to the general public, after which the company becomes publicly held and its shares can be listed on the stock exchange.Economy & MarketsInsider Tradingभित्री कारोबारInsider trading is buying or selling securities using price-sensitive information that has not been made public, obtained through one's position or connection with the company.Economy & MarketsInsolvency Act, 2063दामासाही सम्बन्धी ऐन, २०६३The Act that sets the procedure for dealing with companies that cannot pay their debts, through inquiry, restructuring or liquidation and the ranking of creditors' claims.ActBanking Laws (Acts)Institutional and Individual Depositसंस्थागत र व्यक्तिगत निक्षेपIndividual deposits are placed by natural persons; institutional deposits are placed by firms, companies, government bodies, cooperatives and other organisations. NRB regulates the two differently.Deposits & AccountsInter-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 BasicsInterbank Payment SystemIPSअन्तरबैंक भुक्तानी प्रणालीThe Interbank Payment System (NCHL-IPS) is an electronic system for transferring funds between accounts at different banks, supporting direct credit and direct debit transactions.Payments & Digital BankingInterbank Rateअन्तरबैंक दरThe interest rate at which banks and financial institutions lend short-term funds to one another. NRB uses the weighted average interbank rate of BFIs as the operating target of monetary policy.LiquidityInterchange Feeइन्टरचेन्ज शुल्कAn interchange fee is the fee paid between banks for card transactions: by the acquiring bank to the issuing bank for purchases, or by the issuer to the ATM-owning bank for off-us ATM use.Payments & Digital BankingInterest Capitalizationब्याज पुँजीकरणInterest capitalization means adding unpaid interest to the loan principal instead of collecting it in cash, so that the borrower pays it later with the principal.Loans & CreditInterest Coverage RatioICRब्याज भुक्तानी क्षमता अनुपातThe interest coverage ratio shows how many times a firm's operating profit covers its interest expense.RatioProfitability & Financial AnalysisInterest Rate CorridorIRCब्याजदर करिडोरA band of short-term interest rates set by NRB, with the standing deposit facility rate as the floor, the standing liquidity facility rate (bank rate) as the ceiling and the policy rate in between, within which the interbank rate is kept.Monetary Policy & NRBInterest Rate RiskIRRब्याजदर जोखिमInterest rate risk is the risk that changes in market interest rates reduce a bank's net interest income or the value of its assets and liabilities.Risk & ComplianceInterest Spread Rateब्याजदर अन्तरInterest spread rate is the difference between the average interest rate a bank earns on its loans and the average interest rate it pays on its deposits.RatioProfitability & Financial AnalysisInterest-subsidised Concessional Loanसहुलियतपूर्ण कर्जा (ब्याज अनुदान कर्जा)A concessional loan is a loan to targeted borrowers, such as commercial farmers, women entrepreneurs and returnee migrants, on which the Government of Nepal pays part of the interest as a subsidy through the bank.Loans & CreditIntermediate Targetअन्तरिम लक्ष्यA variable between the central bank's instruments and its final goals, which the bank cannot control directly but which reliably predicts those goals. NRB's intermediate target is the NPR-INR exchange rate peg.Monetary Policy & NRBInternal Capital Adequacy Assessment ProcessICAAPआन्तरिक पुँजी पर्याप्तता मूल्याङ्कन प्रक्रियाA bank's own board-approved process for identifying all its material risks and deciding how much capital it needs against them, beyond the Pillar 1 minimum. It is the bank's part of Pillar 2.Capital & BaselInternal Control and Internal Auditआन्तरिक नियन्त्रण तथा आन्तरिक लेखापरीक्षणInternal control is the set of policies, procedures and checks that management builds to protect assets, ensure accurate records and comply with laws; internal audit is the independent function that tests whether those controls work.Risk & ComplianceInternet Bankingइन्टरनेट बैंकिङInternet banking lets customers access their bank accounts and carry out transactions through the bank's secure website.Payments & Digital BankingIssuing Bankजारीकर्ता बैंकAn issuing bank is the bank or institution that issues a payment card to a customer, authorises the customer's transactions and bears responsibility for the cardholder's account.Payments & Digital Banking