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Banks and financial institutions to publish financial statements by the third week of October

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Kathmandu. Nepal Rastra Bank (NRB) has set the deadline for the licensed banks and financial institutions to send and publish the financial statements for the first quarter of the fiscal year 2082/83.

The banks and financial institutions can send or publish such details till November 21.

The Nepal Rastra Bank (NRB) has extended the deadline for the licensed banks and financial institutions and infrastructure development banks to send monthly and quarterly details to the NRB and publish interim financial reports till November 7.

According to the notice issued by the Nepal Rastra Bank, the banks and financial institutions are required to deposit income tax, employee bonus and statutory fund (general reserve fund and corporate social responsibility fund) out of the interest income generated on the basis of productivity as per their accounting policy ।

Nepal Rastra Bank has urged all the banks and financial institutions concerned to send the required details within the stipulated time.

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