Nepal Rastra Bank directed Banks & financial instructions to maintain paid up capital based on working areas as National Level & province.
As per amendments of directives 2075, Banks & financial institutions must maintain capital as below;
Developments bank must maintain 250 crore for national level and 120 crore for province level as working areas.
‘C’ classed BFIs, or Finance company must maintain 80 crore for national level & 50 crore for province level working area.
But, commercial bank must work as national level cannot work as province level.
NRB also directed to shut down or transfer the branches outside working areas.
NRB Unified_Directives_2075-new
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