Unified Directives 2072

g]kfn /fi6 a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt
;+:yfx?nfO{ hf/L ul/Psf]

PsLs[t lgb]{zg @)&@
-PsLs[t lgb]{zg, @)&! / ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf kl/kqlgb]{zgdfu{bz{g
;d]tnfO{ ;dfj]z u/L kl/dfh{g ul/Psf]_
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
a}+s tyf ljQLo ;+:yf lgodg ljefu
@)&@ ;fpg
ljifo;"rL
qm=;+=
ljifo
k[i7 ;+Vof
1
Go"gtd k"+hLsf]if ;DaGwL Joj:yf .
shf{;fk^sf] juL{s/)f / shf{ gf]S;fgL ;DaGwL Joj:yf .
37
Psn u|fxs tyf If]qut shf{ ;fk^ / ;"ljwfsf] ;Ldf lgwf{/)f ;DaGwL Joj:yf .
67
n]vf gLlt tyf ljQLo laj/)fx?sf] (frf ;DaGwL Joj:yf .
74
sf/f]af/df lglxt hf]lvd Go"gLs/)f ug]{ ;DaGwL Joj:yf .
121
;+:yfut ;"zf;g ;DaGwL Joj:yf .
128
;"kl/j]IfsLo lgb]{zg nfu" ug]{ sfo{ tflnsf ;DaGwL Joj:yf .
144
nufgL ;DaGwL Joj:yf .
146
tYof ljj/)f ;DaGwL Joj:yf .
150
10
;+:yfks ;]o/ gfd;f/L jf vl/blaqmL jf xs x:tfGt/)f ;DaGwL Joj:yf .
181
11
;xljQLos/)f shf{ ;DaGwL Joj:yf .
191
12
shf{ ;'rgf tyf sfnf];'rL ;DaGwL Joj:yf .
196
13
clgjfo{ df}Hbfta}wflgs t/ntf ;DaGwL Joj:yf .
216
14
zfvfsfof{no vf]Ng] ;DaGwL Joj:yf .
222
15
Aofhb/ ;DaGwL Joj:yf .
233
16
ljQLo ;|f]t ;+sng ;DaGwL Joj:yf .
242
17
ljkGg ju{ tyf tf]lsPsf pTkfbgzLn If]qdf k|jfx ug"{kg]{ shf{ ;DaGwL Joj:yf .
247
18
:t/f]Gglt x"g], sfo{If]q lj:tf/ jf ;+s"rg tyf ufEg]ufleg] ;DaGwL Joj:yf .
256
19
;DklQ z"$Ls/)f tyf cft+sjfbL sfo{df ljQLo nufgL lgjf/)f ;DaGwL Joj:yf .
269
20
;xfos sDkgL ;DaGwL Joj:yf .
294
21
On]S^f]lgs dfWodaf^ x"g] a}ls -O{a}ls_ ;]jf ;DaGwdf .
297
22
ljQLo u|fxs ;+/If)f tyf ljQLo ;fIf/tf ;DaGwL Joj:yf
303
23
ljljw Joj:yf ;DaGwdf .
307
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !)&@
Go"gtd k"+hLsf]if ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] sfod ug'{ kg]{ Go'gtd k'FhLsf]if ;DaGwdf
g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!= sfod ug'{ kg]{ Go'gtd k'FhLsf]if
Ohfhtkqk|fKt ;+:Yffn] cfgf] s'n hf]lvd efl/t ;DklQsf] cfwf/df b]xfo adf]lhd Go'gtd k'FhLsf]if
cg'kft sfod ug'{ kg]{5 .
;+:yf
s ju{
v / u ju{
@=
#=
hf]lvd efl/t ;DklQsf] cfwf/df sfod /fVg' kg]{ Go'gtd k'FhLsf]if -k|ltzt_
k|fylds k'FhL
k'FhLsf]if
^=)
!)=)
%=%
!!=)
k'FhLsf]if
k'FhLsf]if eGgfn] k|fylds k'FhL / k'/s k'FhLsf] of]u ;Demg' kb{5 .
s ju{sf] Ohfhtkqk|fKt ;+:yfsf] xsdf k'FhLsf]ifsf] u0fgf o; a}+sf/f hf/L Capital Adequacy
Framework 2007 (Updated July, 2008) cg';"rL !=! df tf]lsP adf]lhd x'g] 5 . /fli6o:t/sf v ju{sf
ljsf; a}+sxn] ;d]t ljBdfg Joj:yfsf cltl/Qm ;dfgfGt/ -Parallel_ ?kdf k'FhLsf]if kof{Kttf cg'kftsf
ljj/0fx? tyf jflif{s ljj/0fx? pQm cg';"rL !=! df tf]lsP adf]lhd lgoldt ?kdf ;DalGwt ;'kl/j]If0f
ljefudf k]z ug'{ kg]{5 .
k'FhLsf]ifsf] juL{s/0f
kFh
" Lsf]if u0fgf k|of]hgsf] lgldQ Ohfhtkqk|fKt ;+:yfsf] k'FhLsf]ifnfO{ b]xfo adf]lhdsf zLif{sx? /xg] u/L @
efudf juL{s/0f ug'{ kg]{5 .
!= k|fylds k'FhL
-s_
r'Qmf k'FhL -;fwf/0f ;]o/_
-v_
k|:tfljt af]g; ;]o/
-u_
;]o/ lk|ldod
-3_
lkmtf{ gx'g] cu|flwsf/ ;]o/ (Irredeemable Preference Share)
-_
;fwf/0f hu]8f sf]if
-r_
;l~rt gfkmfgf]S;fg
-5_
k'FhL lkmtf{ hu]8f sf]if (Capital Redemption Reserve)
-h_
k'FhL ;dfof]hg sf]if
-em_ sN; Og P8\efG;
-`_
cGo :jtGq sf]if
k|fylds k'FhL u0fgf ubf{ b]xfosf zLif{sx?df /x]sf] /sd 36fpg' kg{]5 M
-s_ Voflt (Goodwill),
-v_ :yug s/ ;DklQ (Deferred Tax Assets)
1
-u_ o; a}+sn] tf]s]sf] ;LdfeGbf a9L x'g] u/L ;+ul7t ;+:yfsf] ;]o/ tyf ;'/If0fkqdf nufgL
u/]sf]] /sd,
-3_ cfgf] ljQLo :jfy{ ePsf ;+ul7t ;+:yfx?sf] ;]o/ tyf ;'/If0fkqdf u/]sf] ;Dk"0f{ nufgL
/sd,
-_ cjf:tljs ;DklQ (Fictitious assets)
o; k|of]hgsf] nflu cg';Gwfg, ljsf; tyf sDKo'6/ ;6j]o/ afx]ssf cGo cjf:tljs
vr{ ;Demg' k5{ .
-r_ k|rlnt P]g tyf sfg'gn] k|ltaGw u/]sf JolQm tyf ;d'xnfO{ k|bfg u/]sf] shf{ tyf
;'ljwf .
t/, pko'{Qm JolQm tyf ;d'xnfO{ shf{ tyf ;'ljwf k|bfg ubf{ k|rlnt P]g tyf sfg'gn]
k|ltaGw gu/]sf] cj:yfdf ;f] k|ltaGw nfu]sf] ! jif{ jf shf{sf] e'QmfgL cjlw ;dfKt x'g]
;dodWo] h'g cl3 x'G5 ;f] ;do;Dd of] Joj:yf nfu" x'g] 5}g .
-5_ o; a}+ssf] lgb]{zg kfngf gu/L :jMk|of]hgsf nflu 3/hUuf vl/b u/]sf] /sd .
-h_ ;+:yf cfkm}n] ;LdfeGbf a9L cfjf; ejg lgdf{0f tyf hUuf ljsf;df nufgL u/]sf] /sd .
-em_ tf]lsPsf] ;doleq laqmL ljt/0f ug{ g;s]sf] ;]o/ k|Tofe"lt .
@= k'/s k'FhL
k|fylds k'FhLeGbf a9L ;dfj]z ug{ gkfOg] u/L k'/s k'FhLdf lgDg zLif{sx? cGtu{t /x]sf /sdx?
;dfj]z ug'{ kg]{ 5 M
-s_ ;fdfGo shf{ gf]S;fgL Joj:yf
o; zLif{s cGtu{t ;lqmo shf{sf] lgldQ Joj:yf ul/Psf] /sd dfq ;dfj]z ug'{ kg]{5 . ;lqmo
;lxt cGo shf{sf nflu o; a}+saf6 tf]lsPsf] cg'kfteGbf a9L shf{ gf]S;fgL Joj:yf u/]sf]
v08df To:tf] cltl/Qm shf{ gf]S;fgL Joj:yf u/]sf] k'/} /sd / k'g/;+/rgf / k'g/tflnsLs/0f
u/]sf shf{x?df yk u/]sf] shf{ gf]S;fgL Joj:yf /sdnfO{ cltl/Qm shf{ gf]S;fgL Joj:yfdf
;dfj]z ug{ ;lsg] 5 .
t/, pko{'Qm zLif{sx?df /x]sf] s'n /sd a}+ssf] s'n hf]lvd efl/t ;DklQsf] !=@% k|ltzt eGbf
a9L x'g] u/L k'/s k'FhLdf ;dfj]z ug{ kfOg] 5}g .
-v_ ;DklQ k'gd"{Nofg sf]if
k'/s k'FhL u0fgf ubf{ ;DklQ k'gd"{Nofg sf]if jfktsf] /sd ;d]t ;dfj]z u/L lgl:sPsf] s'n
k'/s k'FhLsf] @ k|ltzt;Dd u0fgf ug{ kfOg] 5 . o; sf]ifdf /x]sf] /sd jf s'n k'/s k'FhLsf] @
k|ltztdWo] h'g sd x'G5 ;f]xL /sd dfq ;dfj]z ug'{ kg]{ 5 . o;/L ;DklQ k'gd"{Nofg sf]ifsf]
/sd ;dfj]z ubf{ ;DalGwt Ohfhtkqk|fKt ;+:yfn] ;f] ;DaGwdf :ki6 gLltut Joj:Yff u/L
;~rfns ;ldltaf6 lg0f{o u/fP/ dfq To:tf] sf]if v8f u/]sf] x'g' kg]{ 5 .
-u_ xfOla|8 k'FhL pks/0fx? (Hybrid Capital Instruments)
-!_ lagf ;'/If0f, k"0f{ r'Qmf x'g], e'QmfgL lbg] k|fyldstf qmddf lgIf]kstf{ / ;fx'x?eGbf k5fl8
dfq e'QmfgL kfpg ;Sg] tyf 3f6fdf ;d]t ;xefuL x'g] jf ;fwf/0f k'FhLdf kl/0ft ug{
;Sg] jf g;Sg] u/L hf/L u/]sf ;'/If0fkqx? .
-@_ o; a}+sn] :jLs[lt lbPdf afx]s wf/sn] cfgf] OR5f cg'?k e'QmfgL k|fKt ug{ g;Sg] u/L
hf/L u/]sf pks/0fx? .
-3_ ;'/If0f g/flvPsf] ;xfos cfjlws C0f (Subordinated Term Debt)
kfFr jif{eGbf a9L e'QmfgL cjlw ePsf], lgIf]kstf{x?eGbf k5fl8 dfq e'QmfgL kfpg] u/L s'g} klg
;'/If0f g/fvL hf/L u/]sf] C0fkqx? / ;Lldt e'QmfgL cjlw ePsfcjlw tf]lsPsf lkmtf{ x'g
;Sg] cu|flwsf/ ;]o/x? o; cGtu{t ;dfj]z x'g] 5g\ . oL pks/0fx?sf] 36\bf] d"NonfO{ hgfpg
Ohfhtkqk|fKt ;+:yfn] o:tf pks/0fx?sf] d"Nodf kl5Nnf] kfFr jif{b]lv la; k|ltztn] 36fpFb}
2
$=
%=
n}hfg' kg]{ 5 . s'g} a}+s tyf ljQLo ;+:yfn] nfdf] cjlwkl5 jf ljleGg r/0fx?df ;fwf/0f
;]o/df kl/0ft x'g] jf tf]lsPsf zt{x? k'/f u/]/ dfq lkmtf{ x'g] zt{df o:tf] pks/0f hf/L u/]sf]
cj:yfdf ;fwf/0f ;]o/df kl/0ft ePsf] /sd r'Qmf k'FhLdf / ;]o/df kl/0ft gePsf] /sd o;
cGtu{t /fvL k'/s k'FhLdf u0fgf ug{ ;lsg] 5 .
t/, o:tf pks/0fx? hf/L ubf{ cfgf] k|fylds k'FhLsf] krf; k|ltzteGbf a9L /sd
p7fpg kfO{g] 5}g .
s'g} Ps Ohfhtkqk|fKt ;+:yfn] hf/L u/]sf] xfOla|8 k'FhL pks/0fx? (Hybrid Capital
Instruments_ cGo Ohfhtkqk|fKt ;+:yfn] wf/0f -vl/b_ ug{ kfpg] 5}g .
-_ ;6xL ;dLs/0f sf]if
ljb]zL ljlgdosf] sf/f]af/ ug]{ Ohfhtkqk|fKt ;+:yfn] sfod u/]sf] ;6xL ;dLs/0f sf]ifsf] /sd
k'/s k'FhL k|of]hgsf nflu u0fgf ug{ ;lsg] 5 .
-r_ nufgL ;dfof]hg sf]if
lgb]{zg g+= * cGtu{t v8f ePsf] nufgL ;dfof]hg sf]ifsf] /sd k'/s k'FhL jfkt u0fgf ug{
;lsg] 5 .
s'n hf]lvd efl/t ;DklQ
k'FhLsf]if u0fgf ug]{ k|of]hgsf] nflu s'n hf]lvd efl/t ;DklQnfO{ lgDgfg';f/ tLg ju{df ljefhg ul/Psf]
5.
-!_ jf;nftleqsf] hf]lvd efl/t ;DklQ .
-@_ jf;nftaflx/sf] hf]lvd efl/t sf/f]af/ .
-#_ ;~rfng hf]lvd jfktsf] hf]lvd efl/t /sd .
jf;nft leqsf ;DklQ tyf jf;nftjflx/sf sf/f]af/x?df hf]lvd ef/
-!_ jf;nft leqsf ;DklQx?df hf]lvd ef/ -v / u ju{sf] xsdf_M
k'FhLsf]if u0fgf ug]{ k|of]hgsf] nflu af;nft leqsf] ;DklQnfO{ lgDgfg';f/ ljefhg u/L 5'f5'} hf]lvd
ef/ k|bfg ul/Psf] 5 . jf;nftdf b]lvPsf] ;DklQsf] /sdnfO{ ef/ lbOPsf] k|ltztn] u'0fg u/L s'n
hf]lvd efl/t ;DklQsf] of]u lgsfNg' kg]{5 .
jf;nftleqsf zLif{s
gub df}Hbft
;'g df}Hbft -ljlgdo of]Uo_
g]kfn /fi6 a}+sdf /x]sf] df}Hbft
g]kfn ;/sf/sf] ;'/If0fkqdf ul/Psf] nufgL
g]kfn /fi6 a}+ssf] C0fkqdf u/]sf]] nufgL
cfg} d'2lt /l;bsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg u/]sf]] d'2lt /l;b lwtf] shf{
;/sf/L ;'/If0fkqsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg u/]sf]] shf{
;/sf/L ;'/If0fkqsf] kfpg' kg]{ Aofh /sd (Accrued Interest)
ljkGg ju{ shf{ cGtu{t u0fgf x'g] o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]ifdf v / u ju{sf
Ohfhtkqk|fKt ;+:yfn] hDdf u/]sf] /sd
:jb]zL a}+sljQLo ;+:yfx?df /x]sf] df}Hbftd'2lt /l;bsf] bfjL (Claims)*
cGo a}+s tyf ljQLo ;+:yfx?sf] d'2lt /l;bsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg u/]sf]] d'2lt /l;b
lwtf] shf{
ljb]zL a}+sx?df /x]sf] df}Hbft
dfu]sf] avt k|fKt x'g] /sd (Money at Call)
cGt/f{li6o >]0fLs[t (Rated)*/ ljb]zL Ohfhtkqk|fKt ;+:yfsf] Uof/]06Ldf uPsf] shf{
cGt/f{li6o >]0fLs[t (Rated)*/ ljb]zL a}+sdf u/]sf] cGo nufgL
cGt/ a}+s ;fk6L
;]o/, l8j]~r/ Pjd\ aG8df ePsf] nufgL
3
hf]lvd
ef/ k|ltzt_
0
0
0
0
0
0
0
0
0
20
20
20
20
20
20
20
100
cGo nufgLx? -;fd'lxs nufgL sf]ifdf ePsf] nufgL ;d]t_

shf{, ;fk6 tyf laN; vl/bl8:sfp06 ;d]t -s'n /sd_**
l:y/ ;DklQx?
kfpg' kg]{ cGo v'b Aofh /sd -s'n kfpg' kg]{ Aofh ;/s./L C0fkq tyf artkqsf] Aofh Aofh
d'NtaL_
u}/ a}ls ;DklQ
cGo ;a} ;DklQx? -v'b clu|d s/ bflvnf afx]s_
;Ldf gf3]sf] l/on :6]6cfjf;Lo 3/ shf{
l6Kk0fL
100
100
100
100
100
100
150
* PsxKtfsf] clu|d ;'rgfdf lkmtf{ lng ;lsg] u/L :jb]zL a}+s tyf ljQLo ;+:yfdf Ohfhtkqk|fKt v/ u
ju{sf ljQLo ;+:yfx?n] /fv]sf] tLg dlxgf jf ;f] eGbf a9L cjlwsf d'2lt lgIf]k . o; k|of]hgsf] nflu lgIf]k
/fVg] ;doeGbf 7Ls cl3Nnf] qodf;sf] k'FhL kof{Kttf -Capital Adequacy_ sf] cfwf/df tf]lsPsf] k'FhL kof{Kttf
sfod u/]sf a}+s tyf ljQLo ;+:yfdf /flvPsf] d'2lt lgIf]knfO{ dfq dfGotf lbOg]5 .
*/
o; k|of]hgsf] lgldQ ;+o'Qm clw/fHo a]nfotsf] n08gaf6 k|sflzt The Banker klqsfn] k|To]s jif{ h'nfO{
dlxgfdf k|sfzg ug]{ Top Thousand World Banks sf] ;"rLdf 7Ls cl3Nnf] jif{ ;dfj]z ePsf a}+sx?nfO{
;Demg' kg]{5 .
pQm Top Thousand World Banks sf] ;"lrdf gk/]sf] v08df zt k|ltzt hf]lvd ef/ sfod ug'{ kg]{5 .
** d'2lt /l;b, g]kfn /fi6 a}+s C0fkq / ;/sf/L ;'/If0fkqsf] lwtf]df k|jflxt shf{ / cGt/f{li6o >]0fLs[t a}+ssf]
hdfgtdf k|bfg ul/Psf] shf{ afx]s .
-@_ jf;nft aflx/sf] sf/f]af/df hf]lvd ef/ -v / u ju{sf] xsdf_

k'FhLsf]if u0fgf ug]{ k|of]hgsf] nflu jf;nft aflx/sf sf/f]af/x?nfO{ lgDgfg';f/ ljefhg u/L 5'f5'}
hf]lvd ef/ k|bfg ul/Psf] 5 . jf;nft aflx/sf] sf/f]af/sf] /sdnfO{ hf]lvd ef/n] u'0fg u/L s'n
jf;nft aflx/sf] sf/f]af/ lgsfNg' kg]{5 .
jf;nft aflx/sf sf/f]af/x?
laN; sn]S;g
clu|d ljb]zL ljlgdo ;Demf}tf (Forward Foreign Exchange Contract)
^ dlxgfeGbf sd cjlwsf] k|lttkq - dflh{g g36fO{ k'/} /sd _
cGt/f{li6o >]0fLs[t (Rated)*/ ljb]zL Ohfhtkqk|fKt ;+:yfsf] sfp06/ Uof/]06Ldf hf/L ul/Psf] Uof/]06L
^ dlxgfeGbf a9L cjlwsf] k|lttkq -dflh{g g36fO{ k'/} /sd_

lj8aG8, k/km/d]G; jG8 / k|Tofe"lt (Underwriting) ;DaGwL k|ltj4tf
k'gM vl/b ug]{ zt{df laqmL ul/Psf] shf{ -Credit Purchase/Repurchase / Takeover)
clu|d e'QmfgL Uof/]06L (Advance Payment Guarantee)
ljQLo tyf cGo hdfgt (Financial and other Guarantee)
ckl/jTo{ shf{ k|lta4tf (Irrevocable Loan Commitment)
cfos/ jfkt ;Defljt bfloTj
Acceptance ;lxt cGo ;a} k|sf/sf ;Defljt bfloTjx?
k"gM l8:sfpG6 ul/Psf lanx
r'Qmf jf e'Qmfg x'g afFsL ;]o/ nufgL
e'QmfgLsf nflu bfjL k/]sf] hdfgt (Unpaid Guarantee Claims)
;+:yfpk/ bfjL k/]sf] t/ ;+:yfn] bfloTj :jLsf/ gu/]sf] ;Defljt bfloTjx?
hf]lvd
ef/
-k|ltzt_
)
!)
@)
@)
%)
%)
%)
!))
!))
!))
!))
!))
!))
!))
@))
@))
l6Kk0fL
*
o; k|of]hgsf] lgldQ ;+o'Qm clw/fHo a]nfotsf] n08gaf6 k|sflzt The Banker klqsfn] k|To]s jif{ h'nfO{ dlxgfdf
k|sfzg ug]{ Top Thousand World Banks sf] ;"rLdf 7Ls cl3Nnf] jif{ ;dfj]z ePsf a}+sx?nfO{ ;Demg' kg]{5 .
pQm Top Thousand World Banks sf] ;"rLdf gk/]sf] v08df zt k|ltzt hf]lvd ef/ sfod ug'{ kg]{5 .
k|lttkqsf] cjlw u0fgf ubf{ k|lttkq vf]n]sf] z'?sf] ldltb]lvsf] cjlwnfO{ g} u0fgf ug'{ kg]{5 .
^=
&=
;~rfng hf]lvd ;DaGwL Joj:yf

Ohfhtkqk|fKt v / u ju{sf ;+:yfn] k'FhLsf]if u0fgf ubf{ ;~rfng hf]lvd jfkt s'n ;DklQsf] %
k|ltzt /sd hf]lvd efl/t ;DklQsf] ?kdf yk ug'{kg]{ Joj:yf sfod ul/Psf] 5 .
k'FhLsf]if cg'kft lgwf{/0f ;"q
k'FhLsf]if cg'kftsf] lgwf{/0f lgDgfg';f/ ug'{ kg]{5 .
-s_ k|fylds k'FhL cg'kft
k|fylds k'FhL
hf]lvd efl/t ;DklQsf] of]u
!))
-v_ k'FhLsf]if cg'kft
k|fylds k'FhL k'/s k'FhL

hf]lvd efl/t ;DklQsf] of]u
!))
-u_ hf]lvd efl/t ;DklQsf]

of]u
*=
jf;nftleqsf s'n hf]lvd efl/t ;DklQ jf;nft

aflx/sf s'n hf]lvd efl/t ;DklQ ;~rfng hf]lvdsf
nflu hf]lvd efl/t /sd
k'FhLsf]if ;DaGwdf k7fpg' kg]{ ljj/0fx?

Ohfhtkqk|fKt a}+sljQLo ;+:yfx?n] h'g;'s} avt klg tf]lsPsf] cg'kftdf Go'gtd k'FhLsf]if sfod ug'{
kg]{5 . s ju{sf Ohfhtkqk|fKt ;+:yfn] Capital Adequacy Framework, 2007 (Updated July, 2008) sf]
cg';"rL !=! df Joj:yf eP adf]lhd / v / u ju{sf Ohfhtkqk|fKt ;+:yfn] k|To]s dlxgfsf]
d;fGtsf] ljQLo ljj/0fx?sf] cfwf/df ;+nUg lgb]{zg kmf=g+= !=! / !=@ adf]lhd k'FhLsf]if ;DaGwL ljj/0fx?
tof/ u/L cfGtl/s n]vfkl/Ifsaf6 k|dfl0ft u/fO{ o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu tyf
;DalGwt ;'kl/j]If0f ljefudf k|To]s dlxgf ;dfKt ePsf] ldltn] Ps dlxgfleq k7fO{ ;Sg' kg]{5 .
sy+sbflrt dfl;s ?kdf cfGtl/s n]vfk/LIf0f u/fP/ k]z ug{ g;s]df dfl;s ljj/0fdf ;f] Joxf]/f
v'nfpg' kg]{5 . t/, qodf;sf] cGTosf] ljj/0f eg] clgjfo{?kdf cfGtl/s n]vfkl/Ifsaf6 k|dfl0ft u/fP/
g} k]z ug'{ kg]{5 .
o; a}+sdf k7fpg' kg]{ Capital Adequacy Framework 2007 (updated July 2008) cg';f/sf kmf/fd g+= !
b]lv * ;Ddsf ljj/0fx?sf] Excel Format tof/ kf/L o; a}+ssf] j]j;fO6df /flvPsf] x'Fbf ;f]xL
Format df tYof+s ljj/0fx? e/L o; a}+sdf k7fpg' kg]{ Joj:yf ul/Psf] 5 .
(=
ICAAP dfu{bz{g
;DaGwdf
o; a}+saf6 hf/L Capital Adequacy Framework 2007 adf]lhd s ju{sf Ohfhtkqk|fKt ;+:yfn]
klxrfg u/]sf hf]lvdsf cltl/Qm a}+s cg';f/sf] cGt/lglxt cGo hf]lvdx? ;d]t klxrfg u/L ;f]
cg'?ksf] k'FhLsf]if sfod ug{ o;} ;fy ;+nUg Internal Capital Adequacy Assesment Process (ICAAP)
Guidelines hf/L ul/Psf] 5 . o;/L hf/L ul/Psf] ICAAP Guidelines kfngf ug'{ ;DalGwt a}+ssf] st{Jo
x'g]5 .
!)= n]vfk/LIf0f u/fpg ;lsg]
k'FhLsf]if kof{Kt gePsf a}+s tyf ljQLo ;+:yfx?sf] Jofj;flos cj:yfaf/] hfgsf/L lng o; a}+sn]
cfjZos 7fg]df d"Nofg n]vfk/LIf0f -Due Diligence Audit_ u/fpg ;Sg]5 / ;f] jfkt nfUg] vr{
;DalGwt ;+:yfn] g} e'StfgL ug'{ kg]{ 5 .
!!= k'FhLsf]if ;DaGwL lgb]{zgx?sf] kfngf gePdf x'g] sf/jfxL
-s_ Ohfhtkqk|fKt ;+:yfx?n] k'FhLsf]if ;DaGwL lgb]{zgx?sf] kfngf gu/]df lz3| ;'wf/fTds sf/jfxL
;DaGwL ljlgodfjnL, @)^$ -Prompt Corrective Action, 2007 PCA_ adf]lhdsf] sf/jfxL x'g]5 .
-v_ Ohfhtkqk|fKt ;+:yfx?n] s'g} cfly{s jif{sf] aLrsf] s'g} cjlwdf tf]lsPsf] cg'kftdf Go'gtd
k'FhLsf]if sfod ug{ g;s]sf] eP tfklg ;f]xL cfly{s jif{sf] cGTodf tf]lsPsf] cg'kftdf Go'gtd
k'FhLsf]if sfod ePsf] cfwf/df gub nfef+z tyf af]g; ;]o/ ljt/0f ug{ kfO{g] 5}g . of] Joj:yfn]
;f] cfly{s jif{sf] cGTodf afx\o n]vfkl/Ifsaf6 k|dfl0ft ljQLo ljj/0faf6 tf]lsPsf] cg'kftdf
5
Go'gtd k'FhLsf]if sfod ePsf] cfwf/df o; a}+ssf] :jLs[lt lnO{ af]g; ;]o/ 3f]if0ffljt/0f ug{
afwf kg]{ 5}g . o;/L af]gz z]o/ ljt/0f ubf{ s/ k|of]hgsf nflu cfjZos kg]{ /sd dfq gub
nfef+z 3f]if0ff ug{ jf ljt/0f ug{ :jLs[lt lbg ;lsg]5 .
-u_ Ohfhtkqk|fKt ;+:yfx?n] s'g} cfly{s jif{sf] cGTodf afx\o n]vfkl/Ifsaf6 k|dfl0ft ljQLo ljj/0faf6
tf]lsPsf] cg'kftdf Go'gtd k'FhLsf]if sfod eP tfklg ;f] cfly{s jif{ ;dfKt ePsf] ldltb]lv jflif{s
;fwf/0f ;efsf] :jLs[lt lng] ldlt;Ddsf] cjlwdf lz3| ;'wf/fTds sf/jfxL sfof{Gjog eO{ ;f]
ldlt;Dd km's'jf gePsf] cj:yfdf nfef+z tyf af]g; ;]o/ 3f]if0ffljt/0f ug{ kfO{g] 5}g .
!@= vf/]hL / arfpm
-!_ o; a}+saf6 o;cl3 hf/L ul/Psf b]xfosf lgb]{zgx? vf/]h ul/Psf] 5 M
PsLs[t lgb]{zg, @)&! sf] Go'gtd k'FhLsf]if ;DaGwL Joj:yf O=k|f lgb]{zg g+= !)&! af6 hf/L
ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt
;Dk"0f{ kl/kqx? .
-@_ pka'Fbf -!_ adf]lhd vf/]h ul/Psf lgb]{zg tyf kl/kq adf]lhd eP u/]sf sfd sf/jfxL o;} lgb]{zg
adf]lhd eP u/]sf] dflgg]5 .
g]= /f= a}+s lgb]{zg kmf=g+= !=!
k'FhLsf]if tflnsf -v / u ju{sf] xsdf_

-?=xhf/df_
ljj/0f
-s_ k|fylds k'FhL
!_ r'Qmf k'FhL -;fwf/0f ;]o/_
@_ k|:tfljt af]g; ;]o/
#_ ;]o/ lk|ldod
$_ lkmtf{ gx'g] cu|flwsf/ ;]o/
%_ ;fwf/0f hu]8f sf]if
^_ ;l~rt gfkmf-gf]S;fg_
&_ jf;nftdf b]vfO{Psf] rfn' cf=j=sf] gfkmfgf]S;fg lx;fjsf] /sd
*_ k'FhL lkmtf{ hu]8f sf]if
(_ k'FhL ;dfof]hg sf]if
!)_ sN; Og P8efG;
!!_ cGo :jtGq sf]ifx?
36fpg] M
Voflt (Goodwill) jfktsf] /sd
:yug s/ ;DklQ (Deferred Tax Assets)
;LdfeGbf a9L ;]o/, ;'/If0fkqdf nufgL ul/Psf] /sd
ljQLo :jfy{ /x]sf] sDkgLsf] lwtf]kqdf nufgL u/]sf] /sd
cjf:tljs ;DklQ
o; a}+ssf] lgb]{zg kfngf gu/L :jk|of]hgsf nflu 3/hUuf vl/b
u/]sf] /sd
;LdfeGbf a9L cfjf; ejg lgdf{0f tyf hUuf ljsf;df nufgL u/]sf]
/sd .
tf]lsPsf] ;doleq laqmL ljt/0f ug{ g;s]sf] ;]o/ k|Tofe"lt .
k|rlnt P]g tyf sfg'gn] k|ltaGw u/]sf JolQm tyf ;d'xx?nfO{ k|bfg
u/]sf]] shf{ tyf ;'ljwfx?
-v_ k'/s k'FhL
!_ c;n shf{sf] nflu u/]sf] shf{ gf]S;fgL Joj:yf
@_ cltl/Qm shf{ gf]S;fgL Joj:yf
#_ xfOla|8 k'FhL pks/0fx?
$_ ;'/If0f g/fv]sf] ;xfos cfjlws C0f
%_ ;6xL ;dLs/0f sf]if
^_ ;DklQ k'gd"{Nofg sf]if
&_ nufgL ;dfof]hg sf]if
-u_ hDdf k'FhLsf]if -sv_
-3_ hf]lvd efl/t ;DklQsf] cfwf/df sfod ug'{ kg]{ Go'gtd k'FhLsf]if
k'FhLsf]if - ================= k|ltzt_
k|fylds k'FhL -=================== k|ltzt_
k'FhLsf]if -clwsGo'g_
- ================= k|ltztn]_
k|fylds k'FhL -clwsGo'g_ - ================= k|ltztn]_
ldltM
rfn' cjlw
ut cjlw
clws[t b:tvt
g]= /f= a}+s lgb]{zg kmf=g+= !=@
hf]lvd efl/t ;DklQ ljj/0f tflnsf -v / u ju{sf] xsdf_ - xhf/df_
rfn' cjlw
-s_ jf;nft leqsf ;DklQx?(On-Balance-Sheet Assets)

gub df}Hbft
;'g -ljlgdo of]Uo_
g]kfn ;/sf/sf] ;'/If0fkqdf u/]sf]] nufgL
g]kfn /fi6 a}+s C0fkqdf u/]sf]] nufgL
cfg} d'2lt /l;bsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg u/]sf]] d'2lt /l;b lwtf] shf{
;/sf/L ;'/If0fkqsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg u/]sf]] shf{
;/sf/L ;'/If0fkqsf] kfpg' kg]{ Aofh /sd (Accrued Interest)
ljkGg ju{ shf{ cGtu{t u0fgf x'g] o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]ifdf hDdf
u/]sf] /sd
:jb]zL a}+s tyf ljQLo ;+:yfx?df /x]sf] df}Hbftd'2lt /l;bsf] bfjL (Claims)
ut cjlw
ef/ /sd hf]lvd efl/t /sd hf]lvd efl/t

;DklQ
;DklQ
0
0
0
0
0
0
0
0
0
20
cGo a}+s tyf ljQLo ;+:yfx?sf] d'2lt /l;bsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg 20
u/]sf]] d'2lt /l;b lwtf] shf{
20
20
20
cGt/f{li6o >]0fLs[t (Rated) Ohfhtkqk|fKt ;+:yfsf] Uof/]06Ldf uPsf] shf{
20
cGt/f{li6o >]0fLs[t (Rated) a}+sdf u/]sf] cGo nufgL
20
cGt/ a}+s ;fk6L
100
;]o/, l8j]~r/ Pjd\ aG8df ePsf] nufgL -s'n /sd_
100
cGo nufgLx?
100
shf{, ;fk6 tyf laN; vl/bl8:sfp06 ;d]t -s'n /sd_
100
l:y/ ;DklQx?-s'n /sd_
100
Kffpg' kg]{ cGo v'b Aofh /sd -Aofh d'NtaL / ;/sf/L C0fkqsf] Aofh afx]s
100
u}/a}+ls ;DklQ
100
cGo ;a} ;DklQx? -v'b cu|Ld s/ bflvnf afx]s_
150
-s_ hDdf
-v_ jf;nft aflx/sf sf/f]af/x? (Off-balance sheet Items)
laN; sn]S;g
)
km/jf8{ PS;r]~h sG6fS6sf] afFsL bfloTjx
!)
^ dlxgfeGbf sd cjlwsf] k|lttkq -k'/} /sd_
@)
cGt/f{li6o >]0fLs[t (Rated) ljb]zL Ohfhtkqk|fKt ;+:yfsf] sfp06/ Uof/]06Ldf hf/L u/]sf] Uof/]06L
@)
^ dlxgfeGbf a9L cjlwsf] k|lttkq -k'/} /sd_
%)
lj8aG8, k/km/d]G; aG8 / k|Tofe"lt (Underwriting) ;DaGwL k|lta4tf
%)
k'gM vl/b ug]{ zt{df laqmL u/]sf] shf{
%)
clu|d e'QmfgL Uof/]06L (Advance payment Guarantee)
!))
!))
!))
!))
Acceptance ;lxt cGo ;a} k|sf/sf ;Defljt bfloTjx?
!))
k'gM l8:sfpG6 ul/Psf lanx
!))
!))
e'QmfgLsf] nflu bfjL k/]sf] hdfgt
@))
;+:yfpk/ bfjL k/]sf] t/ ;+:yfn] bfloTj :jLsf/ gu/]sf] ;Defljt bfloTj
@))
-v_ hDdf
;~rfng hf]lvd jfkt sfod ug'{kg]{ /sd -u_
!))
s'n hf]lvd efl/t ;DklQ -s_ + -v_-u_
b|i6JoM !=
@=
plNnlvt zLif{sx?dWo] Ohfhtkqk|fKt ;+:yfn] cfkm";Fu ;DalGwt jf cfkm"n] ug{ kfpg] ljQLo sf/f]af/x?;Fu ;DalGwt
zLif{sx? dfq k|of]udf Nofpg' kg]{5 .
cGt/f{li6o >]0fLs[t cGtu{t Top Thousand World Banks sf] ;"rLdf gk/]sf] v08df ztk|ltzt hf]lvd ef/ sfod ug'{
kg]{5 .
8
cg';"rL g+= !=!

Capital Adequacy Framework
2007
(Updated July 2008)
1.
INTRODUCTION
1.1
BACKGROUND:
Prior to 1988, there was no uniform international regulatory standard for setting bank capital requirements. In
1988, the Basel Committee on Banking Supervision (BCBS) 1 developed the Capital Accord, which is known as
Basel I, to align the capital adequacy requirements applicable especially to banks in G-10 countries. Basel I
introduced two key concepts. First, it defined what banks could hold as capital, as well as designating capital as
Tier 1 or Tier 2 according to its loss-absorbing or creditor-protecting characteristics. The second key concept
introduced in Basel I was that capital should be held by banks in relation to the risks that they face. The major
risks faced by banks relate to the assets held on balance sheet. Thus, Basel I calculated banks minimum capital
requirements as a percentage of assets, which are adjusted in accordance to their riskiness and assigning risk
weights to assets. Higher weights are assigned to riskier assets such as corporate loans, and lower weights are
assigned to less risky assets, such as exposures to government.
The BCBS released the "International Convergence of Capital Measurements and Capital Standards: Revised
Framework", popularly known as Basel II, on June 26, 2004. This framework was updated in November 2005 and
a comprehensive version of the framework was issued in June 2006. Basel II builds significantly on Basel I by
increasing the sensitivity of capital to key bank risks. In addition, Basel II recognizes that banks can face a
multitude of risks, ranging from the traditional risks associated with financial intermediation to the day-to-day
risks of operating a business as well as the risks associated with the ups and downs of the local and international
economies. As a result, the new framework more explicitly associates capital requirements with the particular
categories of major risks that banks face.
The new capital framework also recognizes that large, usually internationally active banks have already put in
place sophisticated approaches to risk measurement and management based on statistical inference rather than
judgement alone. Thus, the framework allows banks, under certain conditions, to use their own internal models
and techniques to measure the key risks that they face, the probability of loss, and the capital required to meet
those losses. In developing the new framework, the Basel Committee wanted to incorporate many elements that
help promote a sound and efficient financial system over and above the setting of minimum capital requirements.
With this in mind, the Basel II framework incorporates three complementary pillars that draw on the range of
approaches to help ensure that banks are adequately capitalised in commensurate with their risk profile.
The Basel Committees on Banking Supervision's (BCBS) recommendations on capital accord are important
guiding framework for the regulatory capital requirement to the banking industry all over the world and Nepal is
no exception. Realizing the significance of capital for ensuring the safety and soundness of the banks and the
banking system, at large, Nepal Rastra Bank (NRB) has developed and enforced capital adequacy requirement
based on international practices with appropriate level of customization based on domestic state of market
developments. The existing regulatory capital is largely based on the Basel committee's 1988 recommendations.
With a view of adopting the international best practices, NRB has already expressed its intention to adopt the
Basel II framework, albeit in a simplified form. In line with the international development and thorough
discussion with the stakeholders, evaluation and assessment of impact studies at various phases, this framework
has been drafted. This framework provides the guidelines for the implementation of Basel II framework in Nepal.
Reminiscent of the International convergence of capital measurements and capital standards, this framework also
builds around three mutually reinforcing pillars, viz. minimum capital requirements, supervisory review process
and disclosure requirements.
1.2
OBJECTIVE:
The Basel Committee on Banking Supervision is a committee of banking supervisory authorities that was established by the central
bank governors of the Group of Ten countries in 1975. It consists of senior representatives of bank supervisory authorities and
central banks from Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland,
the United Kingdom, and the United States. It usually meets at the Bank for International Settlements in Basel, Switzerland where
its permanent Secretariat is located.
The main objective of this framework is to develop safe and sound financial system by way of sufficient amount
of qualitative capital and risk management practices. This framework is intended to ensure that each commercial
banks maintain a level of capital which,
1.3
(i)
is adequate to protect its depositors and creditors.
(ii)
is commensurate with the risk associated activities and profile of the commercial bank.
(iii)
promotes public confidence in the banking system.
PRE-REQUISITES:
The effective implementation of this framework is dependent on various factors. Some such pre-requisites are:
1.4
(i)
Implementation of Basel Core Principles for effective Banking Supervision
(ii)
Adoption of the sound practices for the management of Operational Risk
(iii)
Formulation and adoption of comprehensive risk management policy
(iv)
Adherence to high degree of corporate governance
RESPONSIBILITY:
The board of directors of each bank shall be responsible for establishing and maintaining, at all times, an adequate
level of capital. The capital standards herein are the minimum that is acceptable for banks that are fundamentally
sound, well managed, and which have no material financial or operational weaknesses. Thus, the banks are
generally expected to operate above the limits prescribed by this framework.
1.5
SCOPE OF APPLICATION:
This framework shall be applicable to all "A" Class financial institutions licensed to conduct banking business in
Nepal under the Bank and Financial Institution Act, 2063.
This capital adequacy framework shall be applicable uniformly to all "A" class financial institutions on a standalone basis and as well as on a consolidated basis, where the bank is member of a consolidated banking group. For
the purpose of capital adequacy, the consolidated bank means a group of financial entities, parent or holding
company of which a bank is a subsidiary. All banking and other relevant financial activities (both regulated and
unregulated) conducted within a group including a bank shall be captured through consolidation. Thus, majority
owned or controlled financial entities should be fully consolidated. If any majority owned subsidiaries institutions
are not consolidated for capital purposes, all equity and other regulatory capital investments in those entities
attributable to the group will be deducted and the assets and liabilities, as well as third party capital investments in
the subsidiary will be removed from the banks balance sheet for capital adequacy purposes.
1.6
APPROACHES TO IMPLEMENTATION:
"International Convergence for Capital Measurements and Capital Standards: Revised Framework" alias Basel II
under Pillar 1, provides three distinct approaches for computing capital requirements for credit risk and three other
approaches for computing capital requirements for operational risk. These approaches for credit and operational
risks are based on increasing risk sensitivity and allow banks to select an approach that is most appropriate to the
stage of development of bank's operations.
The product and services offered by the Nepalese Banks are still largely primitive and conventional, in
comparison to other economies. This coupled with the various inherent limitations of our system like the absence
of credit rating agencies makes the advanced approaches like Internal Ratings Based Approach or even
Standardized Approach impractical and unfeasible. Thus, at this juncture, this framework prescribes Simplified
Standardized Approach (SSA) to measure credit risk while Basic Indicator Approach and an indigenous Net Open
Position Approach for measurement of Operational Risk and Market Risk respectively.
1.7
EFFECTIVE DATE:
All banks within the scope of this framework should adopt the prescribed approaches by Mid July 2008 (Fiscal
Year 2065/066).
1.8
PARALLEL RUN:
In order to ensure a smooth transition to new approach prescribed by this framework, a parallel run for the whole
year from Mid July 2007 (Fiscal Year 2064/065) was conducted. The returns submitted by the banks during this
period was minutely reviewed to identify any anomalies. The identified shortcoming on the returns was advised to
the bank management so that they could be rectified before we move onto full fledged implementation. Based on
the findings of the parallel run, amendments and modifications have been incorporated in the framework wherever
deemed necessary.
1.9
IMPLEMENTATION OF ADVANCED APPROACHES:
10
This framework prescribes the most simplest of the available approaches at the initial phase with a vision to move
onto more complex and risk sensitive approaches as the market gradually gains maturity. However, banks willing
to adopt advanced approaches, even for internal purposes, should obtain prior written approval from Nepal Rastra
Bank on providing evidences that they have the resource and the capability to adopt the proposed approaches.
A bank will not be allowed to choose to revert to a simpler approach once it has been approved for a more
advanced approach without supervisory approval. However, if a supervisor determines that a bank using a more
advanced approach no longer meets the qualifying criteria for advanced approach, it may allow the bank to revert
to a simpler approach for some or all of its operations, until it meets the conditions specified by the supervisor for
returning to a more advanced approach.
2.
ELIGIBLE CAPITAL FUNDS
2.1
DEFINITION OF CAPITAL:
Qualifying capital consists of Tier 1 (core) capital and Tier 2 (supplementary) capital elements, net of required
deductions from capital. Thus, for the purpose of calculation of regulatory capital, banks are required to classify
their capital into two parts as follows;
a
Core Capital (Tier 1)

The key element of capital on which the main emphasis should be placed is the Tier 1 (core) capital, which
comprises of equity capital and disclosed reserves. This key element of capital is the basis on which most
market judgments of capital adequacy are made; and it has a crucial bearing on profit margins and a bank's
ability to compete.
The BCBS has therefore concluded that capital, for supervisory purposes, should be defined in two tiers in
a way, which will have the effect of requiring at least 50% of a bank's capital base to consist of a core
element comprised of equity capital and published reserves from post-tax retained earnings.
In order to rank as Tier 1, capital must be fully paid up, have no fixed servicing or dividend costs attached to
it and be freely available to absorb losses ahead of general creditors. Capital also needs to have a very high
degree of permanence if it is to be treated as Tier 1.
b.
Supplementary Capital (Tier 2)

The Supplementary (Tier 2) Capital includes reserves which, though unpublished, have been passed through
the profit and loss account and all other capital instruments eligible and acceptable for capital purposes.
Elements of the Tier 2 capital will be reckoned as capital funds up to a maximum of 100 percent of Tier 1
capital arrived at, after making adjustments referred to in 2.4. In case, where the Tier 1 capital of a bank is
negative, the Tier 2 capital for regulatory purposes shall be considered as zero and hence the capital fund, in
such cases, shall be equal to the core capital.
2.2
ELEMENTS OF TIER 1 CAPITAL:

a.
b.
2.3
Paid up Equity Capital.

Irredeemable non-cumulative preference shares which are fully paid-up and with the capacity to absorb
unexpected losses. These instruments should not contain any clauses whatsoever, which permit redemption
by the holder or issuer upon fulfillment of certain condition. Banks should obtain prior approval of NRB
for this kind of instruments to qualify as a component of core capital.
c.
Share Premium
d.
Proposed Bonus Equity Share
e.
Statutory General Reserve.
f.
Retained Earnings available for distribution to shareholders.
g.
Un-audited current year cumulative profit, after all provisions including staff bonus and taxes. Where such
provisions are not made, this amount shall not qualify as Tier 1 capital.
h.
Capital Redemption Reserves created in lieu of redeemable instruments.
i.
Capital Adjustment reserves created in respect of increasing the capital base of the bank.
j.
Dividend Equalization Reserves.
k.
Any other type of reserves notified by NRB from time to time for inclusion in Tier 1 capital
ELEMENTS OF TIER 2 CAPITAL:
a.
b.
Cumulative and/or redeemable preference shares with maturity of five years and above.
Subordinated term debt fully paid up with a maturity of more than 5 years; unsecured and subordinated to
the claim of other creditors, free of restrictive clauses and not redeemable before maturity. Since,
subordinated term debt is not normally available to participate in the losses; the amount eligible for
inclusion in the capital adequacy calculations is limited to 50% of core capital. Moreover, to reflect the
diminishing value of these instruments as a continuing source of strength, a cumulative discount
11
2.4
(amortization) factor of 20% per annum shall be applied for capital adequacy computations, during the last
5 years to maturity.
c.
Hybrid capital instruments. Those instruments which combine certain characteristics of debt and certain
characteristics of equity. Each such instrument has a particular feature, which can be considered to affect
its quality as capital. Where these instruments have close similarities to equity, in particular when they are
able to support losses on an ongoing basis without triggering liquidation, they may be included in Tier 2
capital with approval from Nepal Rastra Bank.
d.
General loan loss provision limited to a maximum of 1.25% of total Risk Weighted Exposures. General
loan loss provision refers to the provisions created in respect of Performing Loans only and it does not
include provisions of rescheduled/restructured and classified loans. The additional loan loss provisions
created in respect of Personal Guarantee loans and loans in excess of Single Obligor Limits are specific
provisions and hence cannot be included under this category. Such provisions however can be deducted
from the gross exposures while calculating risk weighted exposures for credit risk.
However, provisions created in excess of the regulatory requirements or provisions which is not attributable
to identifiable losses in any specific loans shall be allowed to be included in the General Loan Loss
Provision and shall be eligible for Tier II capital subject to a maximum of 1.25% of total risk weighted
exposures.
e.
Exchange equalization reserves created by banks as a cushion for unexpected losses arising out of adverse
movements in foreign currencies.
f.
Investment adjustment reserves created as a cushion for adverse price movements in bank's investments
falling under Available for Sale category.
g.
Revaluation reserves often serve as a cushion against unexpected losses but may not be fully available to
absorb unexpected losses due to the subsequent deterioration in market values and tax consequences of
revaluation. Therefore, revaluation reserves will be eligible up to 50% for treatment as Tier 2 capital and
limited to a maximum of 2% of total Tier 2 capital subject to the condition that the reasonableness of the
revalued amount is duly certified by the internal auditor of the bank.
h.
Any other type of reserves notified by NRB from time to time for inclusion in Tier 2 capital
DEDUCTIONS FROM CORE (TIER 1) CAPITAL:
Banks shall be required to deduct the following from the Tier 1 capital for capital adequacy purposes. The claims
that have been deducted from core capital shall be exempt from risk weights for the measurement of credit risk.
2.5
a.
b.
c.
Book value of goodwill.
d.
e.
f.
g.
Investment in equity of financial institutions licensed by Nepal Rastra Bank 2.
h.
i.
Reciprocal crossholdings of bank capital artificially designed to inflate the capital position of the bank.
Deferred Tax Assets

Miscellaneous expenditure to the extent not written off. e.g. VRS expense, preliminary expense, share issue
expense, deferred revenue expenditure, etc. However, software expenditure or software development
expenditure, research and development expenditure, patents, copyrights, trademarks and lease hold
developments booked as deferred revenue expenditure are subject to 100% risk weight and may not be
deducted from Tier 1 capital.
All Investments in equity of institutions with financial interest.
Investments in equity of institutions in excess of the prescribed limits.
Investments arising out of underwriting commitments that have not been disposed within a year from the
date of commitment.
Any other items as stipulated by Nepal Rastra Bank, from time to time.
CAPITAL FUNDS:
The capital fund is the summation of Tier 1 and Tier 2 capital. The sum total of the different components of the
tier 2 capitals will be limited to the sum total of the various components of the Tier 1 capital net of deductions as
specified in 2.4. In case the Tier 1 capital is negative, Tier 2 capital shall be considered to be "Nil" for regulatory
capital adequacy purposes and hence, in such a situation, the capital fund shall be equal to the Tier 1 capital.
2.6
MINIMUM CAPITAL REQUIREMENTS:

Unless a higher minimum ratio has been set by Nepal Rastra Bank for an individual bank through a review
process, every bank shall maintain at all times, the capital requirement set out below:
a.
A Tier 1 (core) capital of not less than 6 per cent of total risk weighted exposure;
Investment in shares of Rural Development Banks and other institutions, where the waiver has been explicitly provided by NRB
are subject to risk weight of 100% and shall not be deducted from Tier 1 capital.
12
b.
A total capital fund of not less than 10 per cent of its total risk weighted exposure.
The Capital Adequacy Ratio (CAR) is calculated by dividing eligible regulatory capital by total risk weighted
exposure. The total risk weighted exposure shall comprise of risk weights calculated in respect of bank's credit,
operational and market risks. The methodologies to calculate RWE for each of these risk categories are described
in detail in subsequent chapters.
3.
CREDIT RISK
3.1
GENERAL:
Credit risk is the major risk that banks are exposed to during the normal course of lending and credit underwriting.
Within Basel II, there are two approaches for credit risk measurement: the standardized approach and the internal
ratings based (IRB) approach. Due to various inherent constraints of the Nepalese banking system, the
standardized approach in its simplified form, Simplified Standardized Approach (SSA), has been prescribed in the
initial phase.
3.2
SIMPLIFIED STANDARDIZED APPROACH (SSA):

In comparison to Basel I, SSA aligns regulatory capital requirements more closely with the key elements of
banking risk by introducing a wider differentiation of risk weights and a wider recognition of credit risk
mitigation techniques. The advantage of implementing this approach is twofold. This approach allows transitional
advantage for countries like us by avoiding excessive complexities associated with the advanced approaches of
Basel II while at the same time it will produce capital ratios more in line with the actual economic risks that banks
are facing, compared to the present Accord.
Under this approach commercial banks are required to assign a risk weight to their balance sheet and off-balance
sheet exposures. These risk weights are based on a fixed weight that is broadly aligned with the likelihood of a
counterparty default. As a general rule, the claims that have already been deducted from the core capital shall be
exempt from risk weights for the measurement of credit risk.
Claims on foreign government, their central banks as well as foreign corporates shall be generally risk-weighed on
the basis of the consensus country risk scores of export credit agencies (ECA) 3. Wherever there are claims relating
to unrated countries, they shall generally be risk weighed at 100 percent. However, these claim shall be subject to
supervisory review and higher risk weight shall be assigned where the review process deems appropriate.
All kinds of claims including loans & advances as well as investments shall be risk weighed net of specific
provisions. Generally provision related to any receivable or investment is not defined as general or specific. In
such situation, the total provision against any claim/exposure (other than the loans and advances) shall be
considered as specific provision. However, provisions eligible for the supplementary capital shall not be allowed
for netting while calculating risk weighted exposures.
In case of loans, advances and bills purchased the provisions created in lieu of Pass loans only are classified as
General loan loss provision. All other provisions are components of specific loan loss provision. Hence, general
loan loss provision doesnt comprise provisions created in respect of rescheduled/restructured and non performing
loans. It also doesnt include additional provisions created for personal guarantee loans or lending in excess of
Single Obligor Limits. However, provisions created in excess of the regulatory requirements and not attributable
to identifiable losses in any specific loans shall be allowed to be included in the General Loan Loss Provision.
In order to be consistent with the Basel-II framework, the credit risk for the regulatory capital purpose
shall be computed by segregating the exposure in the following 11 categories.
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
Claims on government & central bank

Claims on other official entities
Claims on banks
Claims on corporate & securities firms
Claims on regulatory retail portfolio
Claims secured by residential properties
Claims secured by commercial real state
Past due claims
High risk claims
Other assets
Off balance sheet items
3 The consensus country risk classification is available on the OECDs website (http://www.oecd.org) in the Export Credit
Arrangement web page of the Trade Directorate. Each bank while computing the risk weight in any claim should use the updated
risk score.
13
3.3
RISK MEASUREMENT AND RISK WEIGHTS:

a.
Claims on government & central bank

1.
2.
All claims on Government of Nepal and Nepal Rastra Bank shall be risk weighed at 0 %.
Claims on foreign government and their central banks shall be risk-weighted on the basis of the
consensus country risk scores as follows:
ECA risk scores
Risk weights
b.
0-1
0%
2
20%
4 to 6
100%
7
150%
Claims on other official entities

1.
Claims on the Bank for International Settlements, the International Monetary Fund, the European
Central Bank and the European Community will receive a 0% risk weight.
2.
Following Multilateral Development Banks (MDBs) will be eligible for a 0% risk weight.
3.
World Bank Group, comprised of the International Bank for Reconstruction and Development
(IBRD) and the International Finance Corporation (IFC),
Asian Development Bank (ADB),
African Development Bank (AfDB),
European Bank for Reconstruction and Development (EBRD),
Inter-American Development Bank (IADB),
European Investment Bank (EIB),
European Investment Fund (EIF),
Nordic Investment Bank (NIB),
Caribean Development Bank (CDB),
Islamic Development Bank (IDB), and
Council of Europe Development Bank (CEDB).
The standard risk weight for claims on other Multilateral Development Banks will be 100%.
4.
Claims on public sector entities (PSEs)4 will be risk-weighed as per the ECA country risk scores.
0-1
20%
ECA risk scores

Risk weights
c.
3
50%
2
50%
3 to 6
100%
7
150%
Claims on banks
1.
All claims, irrespective of currency, excluding investment in equity shares and other instruments
eligible for capital funds, on domestic banks/financial institutions that fulfill Capital Adequacy
Requirements will be risk weighed at 20% while for the rest, it will be 100%.
Banks should make use of the publicly available information of the immediately preceding quarter of
the respective banks to gauge their status on capital adequacy.
2.
Claims on a foreign bank excluding investment in equity shares and other instruments eligible for
capital funds shall be risk weighed as per the ECA Country risk score subject to the floor of 20%.
The primary basis for applying the ECA Country Risk score shall be the country of incorporation of
the bank. Where the bank is a branch office, the ECA score of the country where the corporate office
is located shall be used while in the case of a subsidiary the basis shall be the country where the
subsidiary is incorporated.
0-1
2
3 to 6
7
ECA risk scores
20%
50%
100%
150%
Risk weights
However, the claims on foreign banks incorporated in the SAARC region and which operate with a
buffer of 1% above their respective regulatory minimum capital requirements may be risk weighed
at 20%. The banks shall be responsible to submit the latest capital adequacy position of such banks
and demonstrate that they fulfill the eligibility requirements. Such capital adequacy position
submitted by the banks should not be prior to more than one financial year. Moreover, such claims
shall be subject to a supervisory review and supervisors may require the bank to risk weigh the
claims on ECA country risk scores where the review process deems necessary.
Public sector entity (PSE) is one, which is owned or controlled by government or any other entity categorized as PSE by NRB.
14
d.
Claims on corporate & securities firms

1.
The risk weight for claims on domestic corporates, including claims on insurance companies and
securities firm will be 100%. The domestic corporates includes all firms and companies incorporated
in Nepal as per prevailing Acts and regulations.
2.
The claims on foreign corporate shall be risk weighed as per the ECA Country risk score subject to
the floor of 20% as follows:
ECA risk scores
Risk weights
e.
0-1
20%
2
50%
3 to 6
100%
7
150%
Claims on regulatory retail portfolio

1.
Claims5 that qualify all criteria listed below may be considered as regulatory retail portfolio and risk
weighed at 75%, except for past due loans. Such claims however, have to be in strict compliance
with the Product paper developed by the bank and approved by their respective board of directors
Criteria:
Orientation criteria :- exposure is to an individual person or persons or to a small business.
Bank should obtain written declaration from the borrower to the effect that their indebtedness is
within the threshold across all banks and FIs..
Product criteria :- The exposure takes the form of any of the following:
Revolving credits and lines of credit, (including overdraft, hypothecation etc.)
Term loans and leases (e.g. hire purchase, auto loans and leases, student and educational
loans6) and,
Small business facilities and commitments,
Deprived sector loans upto a threshold of Rs.10 million (Ten Million only)
Granularity criteria:- NRB must be satisfied that the regulatory retail portfolio is sufficiently
diversified to a degree that reduces the risks in the portfolio, warranting the 75% risk weight. No
aggregate exposure7 to one counterpart can exceed 0.5 % of the overall regulatory retail
portfolio.
Low value individual criteria :- The total aggregated exposure to one counterparty8 cannot
exceed an absolute threshold of Rs.10 million (Nepalese Rupees Ten Million only)
2.
f.
Banks which have claims that fulfill all criterion except for granularity may risk weigh those claims
at 100%

1.
Lending to individuals meant for acquiring or developing residential property which are fully
secured by mortgages on residential property, that is or will be occupied by the borrower or that is
rented, will be risk-weighed at 60%. However, banks should ensure the existence of adequate margin
of security over the amount of loan based on strict valuation rules.
Banks have to develop product paper and get it approved from the board of directors to regulate this
kind of lending. The claims in order to be eligible for this category have to be in strict compliance
with this product paper
2.
Where the loan is not fully secured, such claims have to risk weighed at 150%
3.
When claims secured by residential properties are or have been past due9 at any point of time during
the last two years, they shall be risk-weighed at 100%, net of specific provisions.
Lending against securities (such as equities and bonds) whether listed or not, are specifically excluded from this category.
Likewise credit card receivables are excluded from this category. However, lending against personal guarantee and fully backed
by guaranteed cash flow such as pension etc. that has negligible risk of failure can be included in this category.
Personal finance includes overseas employment loan, home loan (to the extent they do not qualify for treatment as
claims secured by residential property), direct deprived sector loan.
Aggregated exposure means gross amount (i.e. not taking any credit risk mitigation into account) of all forms of credit exposures
availed from the bank .
Counterparty refers to one or a group of borrowers defined by the NRB directives as a single obligor.
An exposure is past due if it falls into any other category other than Pass loan as per provisions of NRB directive on Loan
classification.
8
9
15
g.
Claims secured by commercial real estate

1.
h.
Past due claims

1.
i.
j.
Claims secured by mortgages on commercial real estate, except past due, shall be risk-weighed at
100%. Commercial real estate hereby refers to mortgage of Office buildings, retail space, multipurpose commercial premises, multi-family residential buildings, multi-tenanted commercial
premises, industrial or warehouse space, hotels, land acquisition, development and construction etc.
Any loan, except for claim secured by residential property, which is or has been past due at any point
of time during the last two years, will be risk-weighed at 150% net of specific provision.
High risk claims

1.
150% risk weight shall be applied for venture capital and private equity investments.
2.
Exposures on Personal loan in excess of the threshold of regulatory retail portfolio and lending
against securities (bonds and shares) shall attract a risk weight of 150%. Similarly, exposures on
credit card shall also warrant a risk weight of 150%.
3.
Investments in the equity and other capital instruments of institutions, which are not listed in the
stock exchange and have not been deducted from Tier 1 capital, shall be risk weighed at 150% net of
provisions.
4.
Investments in the equity and other capital instruments of institutions, which are listed in the stock
exchange and have not been deducted from Tier 1 capital, shall be risk weighed at 100% net of
provisions. Investments in mutual fund shall also be risk weighted at 100%.
5.
The claims which are not fully secured or are only backed up by personal guarantee shall attract
150% risk weight.
6.
Where loan cannot be segregated/or identified as regulatory retail portfolio or qualifying residential
mortgage loan or under other categories, it shall be risk weighed at 150%.
Other assets
1.
With regard to other assets, following provisions have been made;

Interest receivable/claim on government securities will be risk-weighed at 0%.
Staff loan given as per Employee By-laws and secured by residential property, that is or will be
occupied by the staff or that is rented, will be risk-weighed at 60%. However, banks should
ensure the existence of adequate margin of security over the amount of loan based on strict
valuation rules.
Investments in equity or regulatory capital instruments issued by securities firms will be riskweighed at 100%.
Cash in transit and other cash items in the process of collection will be risk-weighed at 20%. For
this purpose, cash items shall include Cheque, Draft, and Travellers Cheques.
Fictitious assets that have not been deducted from Tier 1 capital shall be risk weighed at 100%.
All Other assets will be risk-weighed at 100% net of specific provision.
k.
Off balance sheet items

1.
Off-balance sheet items under the simplified standardized approach will be converted into equivalent
risk weight exposure using risk weight as follows:
Off Balance Sheet Exposure
Risk
Weight
Any commitments those are unconditionally cancelable at any time by the bank without prior notice, or
0%
that effectively provide for automatic cancellation due to deterioration in a borrowers creditworthiness
(for example bills under collection)
Forward exchange contracts.
10%
20%
Short Term Trade-related contingencies
Contingent liabilities arising from trade-related obligations, which are secured against an underlying
shipment of goods for both issuing and confirming bank and are short term in nature. This includes
documentary letters of credit, shipping guarantees issued and any other trade-related contingencies with an
original maturity up to six months.
Undertaking to provide a commitment on an off-balance sheet items
20%
16
Unsettled10 securities and foreign exchange transactions between bank to bank and between bank and
customer
Long Term Trade-related contingencies
Contingent liabilities arising from trade-related obligations, which are secured against an underlying
shipment of goods for both issuing and confirming bank and are long term in nature. This includes
documentary letters of credit, shipping guarantees issued and any other trade-related contingencies with an
original maturity of over six months. In case the usance letter of credit is discounted, the risk weight shall
be calculated on net basis.
Performance-related contingencies
Contingent liabilities, which involve an irrevocable obligation to pay a third party in the event that
counterparty fails to fulfill or perform a contractual non-monetary obligation, such as delivery of goods by
a specified date etc. This includes issue of performance bonds, bid bonds, warranties, indemnities,
underwriting commitments and standby letters of credit in relation to a non-monetary obligation of
counterparty under a particular transaction.
Long term irrevocable Credit Commitments
Any un-drawn portion of committed credit lines sanctioned for a period of more than 1 year. This shall
include all unutilized limits in respect of revolving working capital loans e.g. overdraft, cash credit,
working capital loan etc. except for trade finance exposures.
Short term irrevocable Credit Commitments
Any un-drawn portion of committed credit lines sanctioned for a period of upto 1 year. This shall include
all unutilized limits in respect of revolving working capital loans e.g. overdraft, cash credit, working
capital loan etc. except for trade finance exposures.
Repurchase agreements, securities lending, securities borrowing, reverse repurchase agreements and
equivalent transactions
This includes sale and repurchase agreements and asset sales with recourse, where the credit risk remains
with the purchasing bank.
Direct credit substitutes
Any irrevocable off-balance sheet obligations which carry the same credit risk as a direct extension of
credit, such as an undertaking to make a payment to a third party in the event that a counterparty fails to
meet a financial obligation or an undertaking to a counterparty to acquire a potential claim on another
party in the event of default by that party, constitutes a direct credit substitute. This includes potential
credit exposures arising from the issue of financial guarantees and credit derivatives, confirmation of
letters of credit (acceptances and endorsements), issue of standby letters of credit serving as financial
guarantees for loans, securities and any other financial liabilities, and bills endorsed under bill
endorsement lines (but which are not accepted by, or have the prior endorsement of, another bank).
Unpaid portion of partly paid shares and securities
Other Contingent Liabilities
3.4
20%
50%
50%
50%
20%
100%
100%
100%
100%
CREDIT RISK MITIGATION:

Banks may use a number of techniques to mitigate the risks to which they are exposed. The prime objective of this
provision is to encourage the banks to manage credit risk in a prudent and effective manner. As such, credit risks
exposures may be collateralized11 in whole or in part with cash or securities, or a loan exposure may be
guaranteed by a third party. Where these various techniques meet the minimum conditions mentioned below,
banks which take eligible financial collateral are allowed to reduce their credit exposure to counterparty when
calculating their capital requirements to take account of the risk mitigating effect of the collateral. However, credit
risk mitigation is allowed only on an account by account basis, even within regulatory retail portfolio.
As a general rule, no secured claim should receive a higher capital requirement than an otherwise identical claim
on which there is no collateral. Similarly, the effects of the CRM shall not be double counted and capital
requirement will be applied to banks on either side of the collateralized transaction: for example, both repos and
reverse repos will be subject to capital requirements.
Those portions of claims collateralized by the market value of recognized collateral receive the risk weight
applicable to the collateral instrument. The remainder of the claim should be assigned the risk weight appropriate
to the counter party.
Where the same security has been pledged for both the funded and non funded facilities, banks should clearly
demarcate the value of security held for funded and non funded facility. In cases where the bank has obtained
same security for various forms of facilities; banks are eligible to claim the CRM benefit across all such exposures
upto the eligible value of CRM.
10
11
An unsettled transaction is one where delivery of the instrument is due to take place against receipt of cash, but which remain
unsettled five business days after the due settlement date.
A collateralized transaction is one in which: a) banks have a credit exposure or potential credit exposure; and b) that credit
exposures or potential credit exposure is hedged in whole or in part by collateral posted by the counter party or by a third party on
behalf of the counter party.
17
a.
Minimum conditions for eligibility:

In order to obtain capital relief towards credit risk mitigation, there are certain basic condition that needs to
be fulfilled. Supervisors will monitor the extent to which banks satisfy these conditions, both at the outset
of a collateralized transaction and on an on-going basis.
1.
Legal certainty:- Collateral is effective only if the legal mechanism by which collateral is given is
robust and ensures that the lender has clear rights over the collateral to liquidate or retain it in the
event of default. Thus, banks must take all necessary steps to fulfill local contractual requirements in
respect of the enforceability of security interest. The collateral arrangements must be properly
documented, with a clear and robust procedure for the timely liquidation of collateral. A bank's
procedures should ensure that any legal conditions required for declaring the default of the customer
and liquidating the collateral are observed. Where the collateral is held by a custodian, the bank must
seek to ensure that the custodian ensures adequate segregation of the collateral instruments and the
custodian's own assets. Besides that, banks must obtain legal opinions confirming the enforceability
of the collateral arrangements in all relevant jurisdictions.
2.
Low correlation with exposure:- In order for collateral to provide protection, the credit quality of the
obligor and the value of the collateral must not have a material positive correlation. For example,
securities issued by the collateral provider - or by any related group entity - would provide little
protection and so would be ineligible.
3.
Maturity Mismatch:- The maturity of the underlying exposure and the maturity of the hedge should
both be defined conservatively. The effective maturity of the underlying should be gauged as the
longest possible remaining time before the obligor is scheduled to fulfill its obligation. The collateral
must be pledged for at least the life of the exposure. In case of mismatches in the maturity of the
underlying exposure and the collateral, it shall not be eligible for CRM benefits.
4.
Currency Mismatch:- Ideally the currency of the underlying exposure and the collateral should be
the same. Where the credit exposure is denominated in a currency that differs from that in which the
underlying exposure is denominated, there is a currency mismatch. Where mismatches occur, it shall
be subject to supervisory haircut of 10%.
5.
Risk Management:- While CRM reduces credit risk, it simultaneously may increase other risks to
which a bank is exposed, such as legal, operational, liquidity and market risks. Therefore, it is
imperative that banks employ robust procedures and processes to control these risks, including
strategy; consideration of the underlying credit; valuation; policies and procedures; systems; control
of roll-off risks; and management of concentration risk arising from the bank's use of CRM
techniques and its effect with the bank's overall credit profile. In case where these requirements are
not fulfilled, NRB may not recognize the benefit of CRM techniques.
6.
Qualifying criteria for guarantee:- A guarantee (counter guarantee) to be eligible must represent a
direct claim on the protection provider and must be explicitly referenced to specific exposures or a
pool of exposures, so that the extent of the cover is clearly defined and irrefutable. Other than nonpayment by a protection purchaser of money due in respect of the credit protection contract it must
be irrevocable in that there must be no clause in the contract that would increase the effective cost of
cover as a result of deteriorating credit quality in the hedged exposure. It must also be unconditional
in that there should be no clause in the protection contract outside the control of the bank that could
prevent the protection provider from being obliged to pay out in a timely manner in the event that the
original counter party fails to make the payments due.
On the qualifying default or non-payment of the counter party, the bank may in a timely manner
pursue the guarantor for any monies outstanding under the documentation governing the transaction.
The guarantor may make one lump sum payment of all monies under such documentation to the
bank, or the guarantor may assume the future payment obligations of the counter party covered by
the guarantee. The bank must have the right to receive any such payments from the guarantor
without first having to take legal actions in order to pursue the counter party payment.
b.
Eligible Collaterals:
1.
Cash deposit (as well as certificates of deposit or fixed deposits or other deposits) with the bank. The
banks may only claim these as CRM only if it has specific authority to recover the amount from this
source in case of default.
2.
Fixed Deposit Receipts/Certificates of deposits/other deposits of other Banks and FIs, who fulfill the
capital adequacy requirements, subject to a 20% supervisory haircut.
3.
Gold.
4.
Securities issued by the Government of Nepal and Nepal Rastra Bank.
18
c.
5.
Guarantee of the Government of Nepal
6.
Financial guarantee/counter guarantee of domestic banks and FIs who meet the minimum capital
adequacy requirements subject to a haircut of 20%.
7.
Securities/Financial guarantee/Counter guarantee issued by sovereigns.
8.
Securities/Financial guarantee/Counter guarantee issued by MDBs in the list specified in 3.3 b (3 &
4)
9.
Securities/Financial guarantee/Counter guarantee issued by banks with ECA rating 2 or better. The
supervisory haircut shall be 20% and 50% for the banks with ECA rating of 0-1 and 2 respectively.
Methodology for using CRM

Step 1: Identify the accounts eligible for capital relief under credit risk mitigation.
Step 2: Assess the value of the exposure and the eligible collateral. The value of the eligible collateral is
the lower of the face value of the instrument or the outstanding amount of exposure
Step 3: Adjust the value of the eligible collateral in respect of the supervisory haircut in terms of currency
mismatch and other eligibility requirements.
Step 4: Compare the adjusted value of the collateral with the outstanding exposure.
Step 5: The value of the eligible CRM is the lower of the adjusted value of the collateral and the
outstanding exposure.
Step 6: Plot the eligible CRM in the appropriate category of credit risk.
The sum total of net amount of eligible CRM as per Form No.4 Exhibit of claims with eligible credit risk
mitigants shall be consistent with the Form No.3 Eligible Credit Risk Mitigants prescribed in this
framework.
4.
OPERATIONAL RISK
4.1
GENERAL:
Operational risk is the risk of loss resulting from inadequate internal processes, people, and systems, or from
external events. Operational risk itself is not a new concept, and well run banks have been addressing it in their
internal controls and corporate governance structures. However, applying an explicit regulatory capital charge
against operational risk is a relatively new and evolving idea. Basel II requires banks to hold capital against the
risk of unexpected loss that could arise from the failure of operational systems.
The most important types of operational risk involve breakdowns in internal controls and corporate governance.
Such breakdowns can lead to financial losses through error, fraud, or failure to perform in a timely manner or
cause the interests of the bank to be compromised in some other way, for example, by its dealers, lending officers
or other staff exceeding their authority or conducting business in an unethical or risky manner. Other aspects of
operational risk include major failure of information technology systems or events such as major fires or other
disasters.
4.2
BASIC INDICATOR APPROACH:

Under the basic indicator approach, banks must hold capital for operational risk equal to the average over the
previous three years of a fixed percentage (denoted alpha) of positive annual gross income.
The capital charge for operational risk may be expressed as follows:
KBIA = [(GI1..n
)]/N
where:
KBIA = capital charge under the Basic Indicator Approach
GI = annual gross income, where positive, over the previous three years
N = number of the previous three years for which gross income is positive
= 15 percent.
NRB shall review the capital requirement produced by this approach for general credibility, especially in relation
to a bank's peers and in the event that credibility is lacking, appropriate supervisory action under Review Process
shall be considered.
Figures for the year, in which annual gross income is negative or zero, should be excluded from both the
numerator and denominator while calculating the average. In case where the gross income for all of the last three
19
years is negative, 5% of total credit and investments net of specific provisions shall be considered as the capital
charge for operational risk. For this purpose investments shall comprise of money at call, placements, investment
in government securities and other investments irrespective of currency.
Similarly, in case of new banks who have not completed an year of operation and hence whose average gross
income cannot be measured reliably, they shall also be required to compute their capital charge for operational
risk vide the same approach as prescribed for banks with negative gross income. These banks may use the gross
income approach from second year onwards. But, based on the reasonableness of the so computed capital charge
for Operation Risk, during the first three years of operation, review process may require additional proportion of
capital charge if deemed necessary.
4.3
GROSS INCOME:
Gross income is defined as "net Interest Income" plus "non interest income". It is intended that this measure
should:
a.
be gross of any provisions (e.g. for unpaid interest) and write-offs made during the year;
b.
be gross of operating expenses, exclude reversal during the year in respect of provisions and write-offs
made during the previous year(s);
c.
exclude income/gain recognized from the disposal of items of movable and immovable property;
d.
exclude realized profits/losses from the sale of securities in the held to maturity category;
e.
exclude other extraordinary or irregular items of income and expenditure
Thus, for the purpose of capital adequacy requirements, gross income shall be summation of:
a.
b.
Total operating income as disclosed in Profit and Loss account prepared as per NRB directive no.4. The
total operating income comprises of:
1.
Net Interest Income
2.
Commission and Discount Income
3.
Other Operating Income
4.
Exchange Fluctuation Income
Addition/deduction in the Interest Suspense during the period.
Banks shall use the annual audited financials of the last three years for the computation of gross income under this
approach. Hence, the capital requirement for operational risk for a whole financial year shall remain constant.
Until the accounts are finalized for the financial year, banks shall use the provisional figures for the period, which
should be validated by the internal auditor of the bank.
4.4
COMPUTATION OF RISK WEIGHT:

Operational risk-weighted assets are determined by multiplying the operational risk capital charge by 10 (i.e., the
reciprocal of the minimum capital ratio of 10%) and adding together with the risk weighted exposures for credit
risk.
5.
MARKET RISK
5.1
DEFINITION OF MARKET RISK:

Market risk is defined as the risk of losses in on-balance sheet and off-balance sheet positions arising from
adverse movements in market prices. The major constituents of market risks are:
5.2
a.
The risks pertaining to interest rate related instruments;
b.
Foreign exchange risk (including gold positions) throughout the bank; and
c.
The risks pertaining to investment in equities and commodities.
SEGREGATION OF INVESTMENT PORTFOLIO:

Banks will have to segregate their investment portfolio into any of following three categories:
a.
Held for Trading:

An investment that is made for the purpose of generating a profit from short term fluctuations in price
should be classified under this category. An asset should be classified as held for trading even if it is a part
of a portfolio of similar assets for which there is a pattern of trading for the purpose of generating a profit
from short term fluctuations in price. These investments should be marked to market on a daily basis and
differences reflected in the profit and loss account.
20
b.
Held to Maturity:
The investments made with positive intent and ability of the bank to hold till maturity should be classified
as held to maturity investments. The bank does not have the positive intent to hold an investment to
maturity, if any of the following conditions are met:
1.
Bank has the intent and the ability to hold the asset for only an undefined period; or
2.
Bank stands ready to sell the asset (other than if a situation arises that is non-recurring and could not
have been reasonably anticipated) in response to changes in market interest rates or risks, liquidity
needs, changes in the availability of and the yield on alternative investments, changes in financing
sources and terms, or changes in foreign currency risk.
The held to maturity investments should be valued at amortised cost i.e. the cost price less any impairments
(if applicable). The impairments should be included in the profit and loss accounts for the period.
c.
Available for Sale:

All other investments that are neither "held for trading" nor "held to maturity" should be classified under
this category. These investments should be marked to market on a regular basis and the difference to be
adjusted through reserves. Banks are required to maintain Investment Adjustment Reserve (eligible as Tier
2 capital) to the extent of 2% of available for sale portfolio.
The share investment on intitutions specified under Directives no. 8 shall be exempted for maitaining
Investment Adjustment Reserve .
5.3
NET OPEN POSITION APPROACH:

Out of the various components of market risk, foreign exchange risk is the predominant risk in our country. The
effects of other forms of market risk are minimal. Thus, a net open position approach has been devised to measure
the capital requirement for market risk. As evidenced by its name, this approach only addresses the risk of loss
arising out of adverse movements in exchange rates. This approach will be consolidated over time to incorporate
other forms of market risks as they start to gain prominence.
The designated Net Open Position approach requires banks to allocate a fixed proportion of capital in terms of its
net open position. The banks should allocate 5 percentage of their net open positions as capital charge for market
risk.
5.4
NET OPEN POSITION:

Net open position is the difference between the assets and the liability in a currency. In other words, it is the
uncovered volume of asset or liability which is exposed to the changes in the exchange rates of currencies. For
capital adequacy requirements the net open position includes both net spot positions as well as net forward
positions.
For capital adequacy purposes, banks should calculate their net open position in the following manner:
5.5
a.
Calculate the net open position in each of the foreign currencies.
b.
Convert the net open positions in each currency to NPR as per prevalent exchange rates.
c.
Aggregate the converted net open positions of all currencies, without paying attention to long or short
positions.
d.
This aggregate shall be the net open position of the bank.
COMPUTATION OF RISK WEIGHT:

Risk-weighted assets in respect of market risk are determined by multiplying the capital charges by 10 (i.e., the
reciprocal of the minimum capital ratio of 10%) and adding together with the risk weighted exposures for credit
risk.
6.
REVIEW PROCESS
6.1
GENERAL:
The supervisory review process of the framework is intended not only to ensure that banks have adequate capital
to support all the risks in their business, but also to encourage banks to develop and use better risk management
techniques in monitoring and managing their risks. It is the responsibility of the bank management in developing
an internal capital assessment process and setting capital targets that are commensurate with the banks risk
profile and control environment beyond the core minimum requirements.
Nepal Rastra Bank recognizes the significance of the relationship between the amount of capital held by the bank
against its risks and the strength and effectiveness of the banks risk management and internal control processes.
However, increased capital should not be viewed as the only option for addressing increased risks confronting the
21
bank. Other means for addressing risk, such as strengthening risk management, applying internal limits,
strengthening the level of provisions and reserves, and improving internal controls, must also be considered.
Furthermore, capital should not be regarded as a substitute for addressing fundamentally inadequate control or risk
management processes.
There are three main areas that is particularly suited to treatment under this process: risks considered under
minimum capital requirements which are not fully captured it (e.g. credit concentration risk); those factors not
taken into account by the minimum capital requirements (e.g. business and strategic risk); and factors external to
the bank (e.g. business cycle effects).
In order to achieve the objectives of the supervisory review process, this process has been broadly divided into
three parts:
6.2
a.
Internal Capital Adequacy Assessment Process (ICAAP)
b.
Supervisory Review
c.
Supervisory Response
INTERNAL CAPITAL ADEQUACY ASSESSMENT PROCESS:

The internal capital adequacy assessment process (ICAAP) is a comprehensive process which requires board and
senior management oversight, monitoring, reporting and internal control reviews at regular intervals to ensure the
alignment of regulatory capital requirement with the true risk profile of the bank and thus ensure long-term safety
and soundness of the bank. The key components of an effective ICAAP are discussed below.
a.
Board and senior management oversight

Bank management is responsible for understanding the nature and level of risk being taken by the bank and
how this risk relates to adequate capital levels. It is also responsible for ensuring that the formality and
sophistication of the risk management processes is commensurate with the complexity of its operations. A
sound risk management process, thus, is the foundation for an effective assessment of the adequacy of a
banks capital position.
The board of directors of the bank are responsible for setting the banks tolerance for risks. The board
should also ensure that management establishes a mechanism for assessing various risks; develops a system
to relate these risks to the banks capital level and sets up a method for monitoring compliance with internal
policies. It is equally important that the board instills strong internal controls and thereby an effective
control environment through adoption of written policies and procedures and ensures that the policies and
procedures are effectively communicated throughout the bank.
The analysis of a banks current and future capital requirements in relation to its strategic objectives is a
vital element of the strategic planning process. The strategic plan should clearly outline the banks capital
needs, anticipated capital expenditures, desirable capital level, and external capital sources. Senior
management and the board should view capital planning as a crucial element in being able to achieve its
desired strategic objectives.
b.
Sound capital assessment

Another crucial component of an effective ICAAP is the assessment of capital. In order to be able to make
a sound capital assessment the bank should, at minimum, have the following:
Policies and procedures designed to ensure that the bank identifies, measures, and reports all material
risks;
A process that relates capital to the level of risk;
A process that states capital adequacy goals with respect to risk, taking account of the banks strategic
focus and business plan; and
A process of internal control, reviews and audit to ensure the integrity of the overall management
process.
c.
Comprehensive assessment of risks

All material risks faced by the bank should be addressed in the capital assessment process. Nepal Rastra
Bank recognizes that not all risks can be measured precisely. However, bank should develop a process to
estimate risks with reasonable certainties. In order to make a comprehensive assessment of risks, the
process should, at minimum, address the following forms of risk.
1.
Credit risk: Banks should have methodologies that enable them to assess the credit risk involved in
exposures to individual borrowers or counterparties as well as at the portfolio level. The credit
22
review assessment of capital adequacy, at a minimum, should cover risk rating systems, portfolio
analysis/aggregation, large exposures and risk concentrations.
Internal risk ratings are an important tool in monitoring credit risk. Internal risk ratings should be
adequate to support the identification and measurement of risk from all credit exposures, and should
be integrated into an institutions overall analysis of credit risk and capital adequacy. The ratings
system should provide detailed ratings for all assets, not only for problem assets.
2.
Credit concentration risk: Risk concentrations are arguably the single most important cause of
major problems in banks. A risk concentration is any single exposure or group of exposures with the
potential to produce losses large enough (relative to a banks capital, total assets, or overall risk
level) to threaten a banks health or ability to maintain its core operations.
Lending being the primary activity of most banks, credit risk concentrations are often the most
material risk concentrations within a bank. However, risk concentrations can arise in a banks assets,
liabilities, or off-balance sheet items, through the execution or processing of transactions (either
product or service), or through a combination of exposures across these broad categories. Credit risk
concentrations are based on common or correlated risk factors, which, in times of stress, have an
adverse effect on the creditworthiness of each of the individual counterparties making up the
concentration.
Such credit concentrations are not addressed in the minimum capital requirements for credit risk.
Thus, Banks should have in place effective internal policies, systems and controls to identify,
measure, monitor, and control their credit risk concentrations. Banks should explicitly consider the
extent of their credit risk concentrations in their assessment of capital adequacy under review
process. These policies should cover the different forms of credit risk concentrations to which a bank
may be exposed to. Such concentrations include but are not limited to:
Significant exposures to an individual counterparty or group of related counterparty. Banks
might also establish an aggregate limit for the management and control of all of its large
exposures as a group;
Credit exposures to counterparties in the same economic sector or geographic region;
Credit exposures to counterparties whose financial performance is dependent on the same
activity or commodity; and
Indirect credit exposures arising from a banks CRM activities (e.g. exposure to a similar type of
collateral or credit protection provided by a single counterparty or same collateral in cases of
multiple banking).
A banks framework for managing credit risk concentrations should be clearly documented and
should include a definition of the credit risk concentrations relevant to the bank and how these
concentrations and their corresponding limits are calculated. Limits should be defined in relation to a
banks capital, total assets or, where adequate measures exist, its overall risk level. A banks
management should conduct periodic stress tests of its major credit risk concentrations and review
the results of those tests to identify and respond to potential changes in market conditions that could
adversely impact the banks performance.
3.
Operational risk: The failure to properly manage operational risk can result in a misstatement of an
institutions risk/return profile and expose the institution to significant losses. Gross income, used in
the Basic Indicator Approach is only a proxy for the scale of operational risk exposure of a bank and
can in some cases underestimate the need for capital. Thus, Banks should develop a framework for
managing operational risk and evaluate the adequacy of capital as prescribed by this framework. The
framework should cover the banks appetite and tolerance for operational risk, as specified through
the policies for managing this risk, including the extent and manner in which operational risk is
transferred outside the bank. It should also include policies outlining the banks approach to
identifying, assessing, monitoring and controlling/mitigating the risk.
4.
Market risk: The prescribed approach for the computation of capital charge for market risk is very
simple and thus may not be directly aligned with the magnitude of risk. Likewise, the approach only
incorporates risks arising out of adverse movements in exchange rates while ignoring other forms of
risks like interest rate risk and equity risks. Thus, banks should develop a framework that addresses
these various forms of risk and at the same time perform stress tests to evaluate the adequacy of
capital.
The use of internal models by the bank for the measurement of market risk is highly encouraged.
Wherever bank's make use of internal models for computation of capital charge for market risks, the
bank management should ensure the adequacy and completeness of the system regardless of the type
23
and level of complexity of the measurement system as the quality and reliability of the measurement
system is largely dependent on the quality of the data and various assumptions used in the model.
d.
5.
Liquidity risk: Liquidity is crucial to the ongoing viability of any financial institution. The capital
positions can have a telling effect on institutions ability to obtain liquidity, especially in a crisis.
Each bank must have adequate systems for measuring, monitoring and controlling liquidity risk.
Banks should evaluate the adequacy of capital given their own liquidity profile and the liquidity of
the markets in which they operate. Banks are also encouraged to make use of stress testing to
determine their liquidity needs and the adequacy of capital.
6.
Other risks: Although the other risks, such as reputational and strategic risk, are not easily
measurable, banks are expected to take these into consideration as well while deciding on the level
of capital.
Monitoring and reporting

The bank should establish an adequate system for monitoring and reporting risk exposures and assessing
how the banks changing risk profile affects the need for capital. The banks senior management or board
of directors should, on a regular basis, receive reports on the banks risk profile and capital needs. These
reports should allow senior management to:
Evaluate the level and trend of material risks and their effect on capital levels;
Evaluate the sensitivity and reasonableness of key assumptions used in the capital assessment
measurement system;
Determine that the bank holds sufficient capital against the various risks and is in compliance with
established capital adequacy goals; and
Assess its future capital requirements based on the banks reported risk profile and make necessary
adjustments to the banks strategic plan accordingly.
e.
Internal control review

The banks internal control structure is essential to a sound capital assessment process. Effective control of
the capital assessment process includes an independent review and, where appropriate, the involvement of
internal or external audits. The banks board of directors has a responsibility to ensure that management
establishes a system for assessing the various risks, develops a system to relate risk to the banks capital
level, and establishes a method for monitoring compliance with internal policies. The board should
regularly verify whether its system of internal controls is adequate to ensure well-ordered and prudent
conduct of business.
The bank should conduct periodic reviews of its risk management process to ensure its integrity, accuracy,
and reasonableness. Key areas that should be reviewed include:
Appropriateness of the banks capital assessment process given the nature, scope and complexity of its
activities;
Identification of large exposures and risk concentrations;
Accuracy and completeness of data inputs into the banks assessment process;
Reasonableness and validity of scenarios used in the assessment process; and
Stress testing and analysis of assumptions and inputs.
6.3
SUPERVISORY REVIEW:
Nepal Rastra Bank shall regularly review the process by which a bank assesses its capital adequacy, risk positions,
resulting capital levels, and quality of capital held by a bank. Supervisors shall also evaluate the degree to which a
bank has in place a sound internal process to assess capital adequacy. The emphasis of the review should be on the
quality of the banks risk management and controls and should not result in supervisors functioning as bank
management. The periodic review can involve any or a combination of:
On-site examinations or inspections;
Off-site review;
Discussions with bank management;
Review of work done by external auditors (provided it is adequately focused on the necessary capital
issues); and
Periodic reporting.
24
Some of the key areas which will be reviewed during the supervisory review process are discussed hereunder
a.
Review of adequacy of risk assessment

NRB shall assess the degree to which internal targets and processes incorporate the full range of material
risks faced by the bank. Supervisors shall also review the adequacy of risk measures used in assessing
internal capital adequacy and the extent to which these risk measures are also used operationally in setting
limits, evaluating business line performance, and evaluating and controlling risks more generally.
Supervisors shall consider the results of sensitivity analyses and stress tests conducted by the institution and
how these results relate to capital plans.
b.
Assessment of capital adequacy

NRB shall review the banks processes to determine that:
Target levels of capital chosen are comprehensive and relevant to the current operating environment;
These levels are properly monitored and reviewed by senior management; and
The composition of capital is appropriate for the nature and scale of the banks business.
NRB shall also consider the extent to which the bank has provided for unexpected events in setting its
capital levels. This analysis should cover a wide range of external conditions and scenarios, and the
sophistication of techniques and stress tests used should be commensurate with the banks activities.
c.
Assessment of the control environment

NRB shall consider the quality of the banks management information reporting and systems, the manner in
which business risks and activities are aggregated, and managements record in responding to emerging or
changing risks. In all instances, the capital level at an individual bank should be determined according to
the banks risk profile and adequacy of its risk management process and internal controls. External factors
such as business cycle effects and the macroeconomic environment should also be considered.
d.
Supervisory review of compliance with minimum standards

In order to obtain relief as per this framework banks are required to observe number of requirements,
including risk management standards and disclosures. In particular, banks will be required to disclose
features of their internal methodologies used in calculating minimum capital requirements. As part of the
supervisory review process, supervisors must ensure that these conditions are being met on an ongoing
basis. Likewise, the supervisors must ensure that qualifying criteria as specified in the framework are
continuously being met as these criteria are developed as benchmarks that are aligned with bank
management expectations for effective risk management and capital allocation.
e.
Significance of risk transfer

Securitization or credit sale agreements with recourse may be carried out for purposes other than credit risk
transfer (e.g. funding). Where this is the case, there might still be a limited transfer of credit risk. However,
for an originating bank to achieve reductions in capital requirements, the risk transfer arising from a
securitization or credit sale has to be deemed significant by the NRB. If the risk transfer is considered to be
insufficient or non existent, NRB can require the application of a higher capital requirement or,
alternatively, may deny a bank from obtaining any capital relief from the securitization or transfer
agreements. Therefore, the capital relief that can be achieved will correspond to the amount of credit risk
that is effectively transferred.
f.
Credit Risk Mitigants

In case when the eligibility requirements are not fulfilled, NRB will not consider Credit Risk Mitigants in
allocating capital. Similarly, CRM may give rise to residual risks, which may render the overall risk
reduction less effective. Where, these risks are not adequately controlled by the bank, NRB may impose
additional capital charges or take other appropriate supervisory actions.
g.
Operational risk and Market Risk

The framework prescribes simple approaches for allocating capital for operational and market risk which
may not be directly aligned with the volume and complexity of risk. Thus, the supervisor shall consider
whether the capital requirements generated by the prescribed approaches gives a consistent picture of the
individual bank's risk exposure in comparison with the peer group and the banking industry at large. Where
NRB is convinced such is not the case, appropriate supervisory response is warranted.
h.
Market Discipline
The framework requires banks to disclose various key information about their business on a periodic basis.
It is imperative that the banks discharge their obligations under the disclosure requirements in order to be
25
eligible to claim benefits of CRM. In line with the utmost significance of this requirement, the supervisor
shall review the adequacy of the disclosures. As a part of this process itself, the supervisor shall regularly
review the website of the banks and review the contents of the site. Wherever the review process identifies
any shortcomings or non-compliances, appropriate supervisory response shall be initiated.
6.4
SUPERVISORY RESPONSE:
Nepal Rastra Bank expects banks to operate above the minimum regulatory capital ratios. Wherever, NRB is not
convinced about the risk management practices and the control environment, it has the authority to require banks
to hold capital in excess of the minimum.
a.
Supervisory adjustments in risk weighted assets and capital

Having carried out the review process as described above, supervisors should take appropriate action if
they are not satisfied with the results of the banks own risk assessment and capital allocation. In such a
scenario, NRB shall be empowered to undertake any or combination of the following adjustments in the
banks risk weighted assets and regulatory capital computations.
1.
Shortfall in provisions made by the bank against adversely classified assets shall be deducted from
the Tier 1 capital.
2.
The loans and facilities extended to Directors, Employees (other than loans given under Employee
rules), Shareholders holding more than 1% percent shares and related parties as well as loans,
advances and facilities restricted by the prevailing rules and regulations shall be deducted from Tier
1 capital.
3.
In case the bank has provided loans and facilities in excess of its Single Obligor Limits, 10% of all
such excess exposures shall be added to the risk weighted exposure for credit risk.
4.
Where the bank has been involved in the sale of credit with recourse facility, 1% of the contract
(sale) value shall be added to the risk weight for credit risk.
5.
Where the banks do not have satisfactory Assets Liability Management policies and practices to
effectively manage the market risks, an additional risk weight of 1% of Net Interest Income of
immediate previous financial year shall be added to the risk weight for market risk.
6.
Where the bank's net liquid asset to total deposit ratio is less than 20%, a risk weight of 1% (as given
in the table below) of total deposit, for each percent or portion of percent shortfall in such ratio, is
added to total of the Risk Weighted Exposures.
Net liquid asset to total deposit ratio
A risk weight to be added to the Risk Weighted

Exposures
19% - less than 20%
1% of total deposit
18% - less than 19%
2% of total deposit
17% - less than 18%
3% of total deposit
16% - less than 17%
4% of total deposit
15% - less than 16%
5% of total deposit and so on.
For this purpose, liquid assets include cash and bank balances, money at call & short notice,
placement upto 90 days and investment in government securities. Borrowings repayable upto 90
days is deducted from liquid assets to obtain net liquid assets.
Note: Aforesaid Provision shall be effective from Falgun end 2066 BS.
7.
Where the banks do not adopt sound practices for the management of operational risk, an additional
capital charge of 2% to 5% of Gross Income of Immediate previous financial year shall be levied for
operational risks.
8.
Where the Gross Income determined for computation of capital charge of Operational Risk for all of
the last three years is negative and where the banks themselves have not addressed the capital charge
for operational risk, 5% of the total credit and investments net of specific provisions shall be the
capital charge for operational risk.
New banks who have not completed an year of operation and hence whose gross income cannot be
measured reliably and where the banks themselves have not addressed the capital charge for
operational risk, shall also be required to compute their capital charge for operational risk vide the
same approach as prescribed for banks with negative gross income. These banks may use the gross
income approach from second year onwards. But, based on the reasonableness of the so computed
capital charge for Operation Risk, during the first three years of operation, review process may
require additional proportion of capital charge.
26
b.
9.
During the course of review, where the supervisor is not satisfied with the overall risk management
policies and procedures of the bank, the total risk weighted exposures of the bank shall be increased
up to 5%.
10.
In case the bank has not achieved the desired level of disclosure requirements, the total risk weighted
exposures of the bank shall be increased up to 3%.
11.
Banks that do not meet the eligibility requirements to claim the benefit under credit risk mitigation
techniques shall not be allowed the benefit of CRM.
Corrective Actions for Non-Compliances

1.
The failure on part of the banks to meet the provisions of this framework shall be considered as a
violation of the NRB directives and shall attract stipulated actions. The nature of the enforcement
action largely depends on degree of the capital adequacy of the bank. The trigger points and the
prescribed action in case of non-compliance shall be as per the provisions of Prompt Corrective
Action Byelaw 2064 propounded by Nepal Rastra Bank.
7.
DISCLOSURE
7.1
GENERAL:
The purpose of disclosure requirements is to complement the minimum capital requirements and the review
process by developing a set of disclosure requirements which will allow market participants to assess key pieces
of information on the scope of application, capital, risk exposures, risk assessment processes, and hence the
capital adequacy of the bank. It is believed that providing disclosures that are based on a common framework is an
effective means of informing the market about a banks exposure to those risks and provides a consistent and
comprehensive disclosure framework that enhances comparability. The importance of disclosure is more
pronounced in cases of bank that rely on internal methodologies in assessing capital requirements.
7.2
DISCLOSURE PRINCIPLES:
Banks should have a formal disclosure policy approved by the Board of directors that addresses the banks
approach for determining what disclosures it will make and the internal controls over the disclosure process. In
addition, banks should implement a process for assessing the appropriateness of their disclosures, including
validation and frequency. While deciding on the disclosure policy, the board should pay due attention to strike a
balance between materiality and proprietary and confidential information.
a.
Materiality
Besides the minimum prescribed disclosure requirements, a bank should decide which additional
disclosures are relevant for it based on the materiality concept. Information would be regarded as material
if its omission or misstatement could change or influence the assessment or decision of a user relying on
that information for the purpose of making economic decisions.
b.
Proprietary and confidential information

Proprietary information encompasses information (for example on products or systems), that if shared with
competitors would render a banks investment in these products/systems less valuable, and hence would
undermine its competitive position. Information about customers is often confidential, in that it is provided
under the terms of a legal agreement or counterparty relationship. This has an impact on what banks should
reveal in terms of information about their customer base, as well as details on their internal arrangements,
for instance methodologies used, parameter estimates, data etc. The disclosure requirements set out below
by NRB aims to strike an appropriate balance between the need for meaningful disclosure and the
protection of proprietary and confidential information.
7.3
VALIDATION:
The disclosures of the bank should be subjected to adequate validation. In addition, supplementary material (such
as Managements Discussion and Analysis) that is published should also be subjected to sufficient scrutiny (e.g.
internal control assessments, etc.) to satisfy the validation issue. If material is not published under a validation
regime, for instance in a stand alone report or as a section on a website, then management should ensure that
appropriate verification of the information takes place, in accordance with the general disclosure principles.
7.4
DISCLOSURE REQUIREMENTS:
Banks should at minimum, disclose the following information at the stipulated time intervals. At the same time,
banks shall be free to disclose any other information they consider important for its stakeholders as and when they
consider necessary, beyond the prescribed requirements.
27
a.
Banks should provide the following disclosures as at end of each financial year along with the annual
financial statements.
1.
Capital structure and capital adequacy

o
o
o
2.
Tier 1 capital and a breakdown of its components;

Detailed information about the Subordinated Term Debts with information on the outstanding
amount, maturity, amount raised during the year and amount eligible to be reckoned as capital
funds.
o Deductions from capital;
o Total qualifying capital;
o Capital adequacy ratio;
o Summary of the banks internal approach to assess the adequacy of its capital to support current
and future activities, if applicable; and
o Summary of the terms, conditions and main features of all capital instruments, especially in case
of subordinated term debts including hybrid capital instruments.
Risk exposures
o
o
o
o
3.
Risk weighted exposures for Credit Risk, Market Risk and Operational Risk;
Risk Weighted Exposures under each of 11 categories of Credit Risk;
Total risk weighted exposure calculation table;
Amount of NPAs (both Gross and Net)
Restructure/Reschedule Loan
Substandard Loan
Doubtful Loan
Loss Loan
o NPA ratios
Gross NPA to gross advances
Net NPA to net advances
o Movement of Non Performing Assets
o Write off of Loans and Interest Suspense
o Movements in Loan Loss Provisions and Interest Suspense
o Details of additional Loan Loss Provisions
o Segregation of investment portfolio into Held for trading, Held to maturity and Available for
sale category
Risk Management Function
o
o
b.
For each separate risk area (Credit, Market and Operational risk), banks must describe their risk
management objectives and policies, including:
Strategies and processes;
The structure and organization of the relevant risk management function;
The scope and nature of risk reporting and/or measurement systems; and
Policies for hedging and/or mitigating risk and strategies, and processes for monitoring the
continuing effectiveness of hedges/mitigants.
Types of eligible credit risk mitigants used and the benefits availed under CRM.
All commercial banks should make following disclosures on a quarterly basis on their respective websites.
o
o
o
o
o
o
o
o
o
o

Detailed information about the Subordinated Term Debts with information on the outstanding amount,
maturity, amount raised during the year and amount eligible to be reckoned as capital funds.
Deductions from capital;
Total qualifying capital;
Capital adequacy ratio;
Risk weighted exposures for Credit Risk, Market Risk and Operational Risk;
Risk Weighted Exposures under each of 11 categories of Credit Risk;
Total risk weighted exposure calculation table;
Amount of NPAs (both Gross and Net)
28
c.
d.
Restructure/Reschedule Loan
Substandard Loan
Doubtful Loan
Loss Loan
o NPA ratios
Gross NPA to gross advances
Net NPA to net advances
o Movement of Non Performing Assets
o Write off of Loans and Interest Suspense
o Movements in Loan Loss Provisions and Interest Suspense
o Details of Additional Loan Loss Provisions
o Segregation of investment portfolio into Held for trading, Held to maturity and Available for sale
category
o Summary of the banks internal approach to assess the adequacy of its capital to support current and
future activities, if applicable; and
o Summary of the terms, conditions and main features of all capital instruments, especially in case of
subordinated term debts including hybrid capital instruments.
Disclosure requirements under this framework should also be published in the respective websites of the
banks. Such disclosures of the banks should also be updated to reflect the capital adequacy position of the
banks after the supervisory adjustments under the review process. Banks that do not host a website yet are
required to make the necessary arrangements to host a website immediately.
Banks are required to report to NRB their capital adequacy computations, according to the format as
specified in Annexure of this framework on a monthly basis within one month after the end of the month or
as required by NRB from time to time. All such returns has to be validated by the internal auditor of the
bank. If the monthly internal audit couldnot be carried out, it should be disclosed on the monthly returns.
But, such returns at the end of the quarter must be submitted with the validation from the internal auditor of
the bank.
Besides the returns specified above, a bank must inform NRB within 30 days of:
1.
2.
e.
Any breach of the minimum capital adequacy requirements set out in this framework together with an
explanation of the reasons for the breach and the remedial measures it has taken to address those
breaches.
Any concerns it has about its capital adequacy, along with proposed measures to address these
concerns.
Full compliance of these disclosure requirements is a pre-requisite before banks can obtain any capital
relief (i.e., adjustments in the risk weights of collateralized or guaranteed exposures) in respect of any
credit risk mitigation techniques.
29
FORM NO. 1 CAPITAL ADEQUACY TABLE

1. 1 Risk Weighted Exposures
a
Risk Weighted Exposure for Credit Risk
b
Risk Weighted Exposure for Operational Risk
c
Risk Weighted Exposure for Market Risk
Adjustments under Pillar II
Add: 3% of the total RWE due to non compliance to Disclosure
Requirement (6.4 a 10)
Add: .% of the total deposit due to insufficient Liquid Assets(6.4 a 6)
Total Risk Weighted Exposures (After Bank's adjustments of Pillar II)
1.2 CAPITAL
Core Capital (Tier 1)
a
Paid up Equity Share Capital
b
Irredeemable Non-cumulative preference shares
c
Share Premium
d
Proposed Bonus Equity Shares
e
Statutory General Reserves
f
Retained Earnings
g
Un-audited current year cumulative profit/(Loss)
h
Capital Redemption Reserve
i
Capital Adjustment Reserve
j
Dividend Equalization Reserves
l
Other Free Reserve
m
Less: Goodwill
n
Less: Deferred Tax Assets
o
Less: Fictitious Assets
p
Less: Investment in equity in licensed Financial Institutions
q
Less: Investment in equity of institutions with financial interests
r
Less: Investment in equity of institutions in excess of limits
s
Less: Investments arising out of underwriting commitments
t
Less: Reciprocal crossholdings
u
Less: Purchase of land & building in excess of limit & unutilized
v
Less: Other Deductions
Less: Shortfall in Provision (6.4 a 1)
Less: Loans and Facilities extended to Related Parties and Restricted
lending (6.4 a 2)
Supplementary Capital (Tier II)
a
Cumulative and/or Redeemable Preference Share
b
Subordinated Term Debt
c
Hybrid Capital Instruments
d
General Loan Loss Provision
e
Exchange Equalization Reserve
f
Investment Adjustment Reserve
g
Assets Revaluation Reserve
h
Other Reserves
Total Capital Fund (Tier I and Tier II)
1.3 CAPITAL ADEQUACY RATIOS
Tier 1 Capital to Total Risk Weighted Exposures (After Bank's adjustments of
Pillar II)
Tier 1 and Tier 2 Capital to Total Risk Weighted Exposures(After Bank's
adjustments of Pillar II)
30
Current Period
(Rs.In ..)
Previous Period
Current Period
Previous Period
0
Current Period
0
Previous Period
FORM NO. 2: RISK WEIGHTED EXPOSURE FOR CREDIT RISK

(Rs.In ..)
A. Balance Sheet Exposures
Book
Value
Specific
Provision
Eligibl
e CRM
c
Net
Value
Risk
Weight
d=a-b-c
Risk
Weighted
Exposures
f=d*e
Cash Balance
0%
Balance With Nepal Rastra Bank
0%
Gold
0%
Investment in Nepalese Government Securities
0%
All Claims on Government of Nepal
0%
Investment in Nepal Rastra Bank securities
0%
All claims on Nepal Rastra Bank
0%
Claims on Foreign Government and Central Bank (ECA 0-1)
0%
Claims on Foreign Government and Central Bank (ECA -2)
20%
50%
Claims on Foreign Government and Central Bank (ECA-4-6)
100%
150%
Claims On BIS, IMF, ECB, EC and on Multilateral

Development Banks (MDB's) recognized by the framework
0%
Claims on Other Multilateral Development Banks
100%
Claims on Public Sector Entity (ECA 0-1)
20%
Claims on Public Sector Entity (ECA 2)
50%
100%
150%
20%
100%
Claims on foreign bank (ECA Rating 0-1)
20%
Claims on foreign bank (ECA Rating 2)
50%
100%

Claims on foreign bank incorporated in SAARC region
operating with a buffer of 1% above their respective
regulatory capital requirement
Claims on Domestic Corporates
150%
20%
100%
Claims on Foreign Corporates (ECA 0-1)
20%
Claims on Foreign Corporates (ECA 2)
50%
100%
150%
Regulatory Retail Portfolio (Not Overdue)
75%
Claims fulfilling all criterion of regulatory retail except

granularity
100%
60%
Claims not fully secured by residential properties
150%
Claims secured by residential properties (Overdue)
100%
Claims secured by Commercial real estate
100%
Past due claims (except for claim secured by residential

properties)
150%
High Risk claims
150%
Investments in equity and other capital instruments of

institutions listed in the stock exchange
100%
Investments in equity and other capital instruments of

institutions not listed in the stock exchange
150%
Staff loan secured by residential property
60%
Interest Receivable/claim on government securities
0%
Cash in transit and other cash items in the process of

collection
20%
Other Assets (as per attachment)
100%
Claims on domestic banks that meet capital adequacy

requirements
Claims on domestic banks that do not meet capital adequacy
requirements
TOTAL
31
B. Off Balance Sheet Exposures
Gross
Book
Value
a
Specific
Provision
Eligible
CRM
Net
Value
d=a-b-c
Revocable Commitments
Bills Under Collection

Forward Exchange Contract Liabilities
LC Commitments With Original Maturity Upto 6
months
Domestic counterparty
0
0
0
0
Foreign counterparty (ECA Rating 0-1)

Foreign counterparty (ECA Rating 2)
LC Commitments With Original Maturity Over 6
months
Bid Bond, Performance Bond and Counter guarantee
Risk
Weight
e
Risk
Weighted
Exposures
f=d*e
0%
0
0
0%
10%
0
0
20%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20%
50%
100%
150%
0
0
0
0
50%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20%
50%
100%
150%
0
0
0
0
50%

Underwriting commitments
Lending of Bank's Securities or Posting of Securities
as collateral
Repurchase Agreements, Assets sale with recourse
Advance Payment Guarantee
Financial Guarantee
Acceptances and Endorsements
Unpaid portion of Partly paid shares and Securities
Irrevocable Credit commitments (Short Term)
Irrevocable Credit commitments (Long Term)
Claims on foreign bank incorporated in SAARC
region operating with a buffer of 1% above their
respective regulatory capital requirement
Unpaid Guarantee Claims
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20%
50%
100%
150%
50%
0
0
0
0
0
100%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100%
100%
100%
100%
100%
20%
50%
0
0
0
0
0
0
0
20%
0
0
0
0
0
0
0
0
100%
200%
0
0
TOTAL
Total RWE for Credit Risk Before Adjustment
(A) +(B)

Add: 10% of the loan and facilities in excess of
Single Obligor Limits(6.4 a 3)
Add: 1% of the contract(sale) value in case of
the sale of credit with recourse (6.4 a 4)
Total RWE for credit Risk (After Bank's
adjustments of Pillar II)
32
FORM NO.3 ELIGIBLE CREDIT RISK MITIGANTS

Credit exposures
Deposits
with
Bank
Deposits
with
other
banks/FI
Gold
(a)
(b)
(c)
Balance Sheet Exposures

Claims on Foreign government and Central
Bank (ECA -2)
Bank (ECA -3)
Bank (ECA-4-6)
Bank (ECA -7)
Claims on Other Multilateral Development
Banks
Claims on domestic banks that meet capital
adequacy requirements
Claims on domestic banks that do not meet
capital adequacy requirements
Claims on foreign bank incorporated in
SAARC region operating with a buffer of
1% above their respective regulatory capital
requirement
Claims on Domestic Corporates
Regulatory Retail Portfolio (Not Overdue)
Claims fulfilling all criterion of regulatory
retail except granularity
Claims not fully secured by residential
properties
(Overdue)
Claims secured by Commercial real estate
Past due claims (except for claim secured
by residential properties)
High Risk claims
Investments in equity and other capital
instruments of institutions listed in the stock
exchange
Investments in equity and other capital
instruments of institutions not listed in the
stock exchange
Other Assets (as per attachment)
Total
Off Balance Sheet Exposures
Forward Exchange Contract Liabilities
LC Commitments With Original Maturity
Upto 6 months
Govt.& G'tee Sec/G'tee

NRB
of
of Other
Securiti Govt. Sovereign
es
of
s
Nepal
(d)
(e)
(f)
G'tee of
domestic
banks
(g)
G'tee Sec/G'tee Total

of
of
MDBs Foreign
Banks
(h)
(i)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33
Credit exposures
Deposits
with
Bank
Deposits
with
other
banks/FI
Gold
(a)
(b)
(c)

LC Commitments With Original Maturity
Over 6 months
Bid Bond, Performance Bond and Counter
guarantee
Underwriting commitments
Lending of Bank's Securities or Posting of
Securities as collateral
Repurchase Agreements, Assets sale with
recourse
Advance Payment Guarantee
Financial Guarantee
Acceptances and Endorsements
Unpaid portion of Partly paid shares and
Securities
Irrevocable Credit commitments (Short
Term)
Irrevocable Credit commitments (Long
Term)
Total
Grand Total
Govt.& G'tee Sec/G'tee

NRB
of
of Other
Securiti Govt. Sovereign
es
of
s
Nepal
(d)
(e)
(f)
G'tee of
domestic
banks
(g)
G'tee Sec/G'tee Total

of
of
MDBs Foreign
Banks
(h)
(i)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34
FORM NO.4 EXHIBIT OF CLAIMS WITH CREDIT RISK MITIGANTS

(Rs.In .)
S.N
.
Counterparty
Category
Facility
Outstanding
Eligible CRM
Nature
Gross Amount
Haircut
Net Amount
FORM NO.5 OTHER ASSETS

S.No.
1
2
3
4
5
6
7
8
9
10
11
12
13
TOTAL
Assets
Gross Amount
Specific
Provision
Cash and Cash Items in Transit

Miscellaneous Expenditure not written off
Fixed Assets
Interest Receivable on Other Investment
Interest Receivable on Loan
Non Banking Assets
Reconciliation Account
Draft Paid Without Notice
Sundry Debtors
Advance payment and Deposits
Staff Loan and Advance
Stationery
Other
0
FORM NO. 6: RISK WEIGHTED EXPOSURE FOR OPERATIONAL RISK

Particulars
FY ......
FY ......
Net Interest Income
Commission and Discount Income
Exchange Fluctuation Income
Addition/Deduction in Interest Suspense during the period
Gross income (a)
Alfa (b)
15%
15%
Fixed Percentage of Gross Income [c=(ab)]
Capital Requirement for Operational Risk (d) (average of c)
Risk Weight (reciprocal of capital requirement of 10%) in times (e)
Equivalent Risk Weight Exposure [f=(de)]
PILLAR-II ADJUSTMENTS
If Gross Income for all the last three years is negative(6.4 a 8)
Total Credit and Investment (net of Specific Provision)
Capital Requirement for Operational Risk (5%)
Risk Weight (reciprocal of capital requirement of 10%) in times
Equivalent Risk Weight Exposure [g]
Equivalent Risk Weight Exposure [h=f or g)
35
Net Balance
0
0
0
0
0
0
0
0
0
0
0
0
0
0
FY ......
15%
10
10
FORM NO.7 RISK WEIGHTED EXPOSURE FOR MARKET RISK

S.No.
Currency
INR
USD
GBP
EURO
THB
CHF
7
8
Open Position (FCY)
Open Position (NPR)
Relevant Open Position
......
.......
9
.......
Total Open Position (a)
Fixed Percentage (b)
Capital Charge for Market Risk [c=(ab)]
Risk Weight (reciprocal of capital requirement of 10%) in times (d)
Equivalent Risk Weight Exposure [e=(cd)]
5%
FORM NO. 8 NET LIQUID ASSETS TO TOTAL DEPOSIT RATIO

(Rs.In ..)
Amount
Particulars
Total Deposit and Borrowing (A)
Total Deposit(as per NRB Ni.Fa. 9.1)
Total Borrowing(as per NRB Ni.Fa. 9.1)
Liquid Assets (B)
Cash(9.1)
Bank Balance(9.1)
Money at call and short notice (9.1)
Investment in government Securities(9.1)
Placement upto 90 days
Borrowings payable upto 90 days ( C )
Net Liquid Assets (D)=(B-C)
Net Liquid Assets to Total Deposit
Shortfall in Ratio
Amount to be added to Risk Weighted Exposures
36
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= @)&@
shf{;fk^sf] juL{s/)f / shf{ gf]S;fgL ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf Ohfhtkqk|fKt ;+:yfn] k|jfx u/]sf] shf{ ;fk6sf] juL{s/0f/ ;f]sf]
;+efljt gf]S;fgLdf sfod ug'{ kg]{ Joj:yfsf ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/
k|of]u u/L b]xfosf]] lgb]{zg hf/L ul/Psf] 5 .
!= shf{ ;fk6sf] juL{s/0f
Ohfhtkqk|fKt ;+:yfn] k|jfx u/]sf] shf{;fk6sf] ;fFjf jf Aofh e'StfgL x'g' kg]{ efvf gf3]sf] cjlwsf
cfwf/df ;Dk"0f{ shf{ ;fk6nfO{ b]xfo adf]lhd juL{s/0fug'{ kg]{5 M
-s_ c;n (Pass)
M efvf ggf3]sf / # dlxgf;Dd efvf gf3]sf shf{;fk6 .
-v_ ;'Id lgu/fgL (Watch List) M c;n ju{df k/]sf t/ b]xfosf] a'Fbf g+= !=! df plNnlvt cj:yf /x]sf
shf{;fk6 .
-u_ sd;n (Sub-standard)
M # dlxgfb]lv a9Ldf ^ dlxgf;Dd efvf gf3]sf shf{;fk6 .
-3_ z+sf:kb (Doubtful)
M ^ dlxgfb]lv a9Ldf ! jif{;Dd efvf gf3]sf shf{;fk6 .
-_ v/fj (Loss)
M ! jif{eGbf a9L cjlwn] efvf gf3]sf shf{;fk6 .
c;n / ;'Id lgu/fgL df /x]sf shf{nfO{ ;ls|o shf{ (Performing Loan) / k'g/tflnsLs/0fk'g/;+/rgf
u/]sf, sd;n, z+sf:kb tyf v/fa shf{nfO{ lgliqmo shf{ (Non-performing Loan) egL kl/efiff
ul/Psf] 5 .
!=! ;'Id lgu/fgL (Watch List) cGtu{t juL{s/0f ug'{kg]{ cj:yfx? M
a}+s tyf ljQLo ;+:yfn] o; lgb]{zg adf]lhd ;lqmo shf{sf] ?kdf /x]sf shf{;fk6df b]xfosf s'g}
s}lkmot jf cj:yf /x]df To:tf shf{;fk6nfO{ ;'Id lgu/fgL cGtu{t juL{s/0f u/L ;'Id lgu/fgL jf
cg'udgsf] Joj:yf ldnfpg' kg]{ 5 .
-s_ ;fFjf jf Aofh tf]lsPsf] cjlwleq e'Qmfg geO{ ! dlxgf eGbf al9 cjlwn] aSof}tf /x]sf shf{ .
-v_ gjLs/0f geO{ c:yfoL ?kdf e'QmfgL cjlw a9fO{ sfod /x]sf cNksfnLg jf rfn'k"FhL shf{ .
-u_ s'g}klg a}+s jf ljQLo ;+:yfdf /x]sf] shf{ lgliqmo shf{df juL{s/0f ePsf] C0fLnfO{ k|jflxt shf{ .
-3_ ;fFjf / Jofh lgoldt ?kdf e'QmfgL ePtfklg nuftf/ b'O{ jif{ b]lv v'b gf]S;fgLdf /x]sf jf g]6jy{
C0ffTds /x]sf kmd{, sDkgL jf ;+:yfnfO{ k|jflxt cNksfnLg jf rfn'k"FhL shf{ .
@= c;n shf{ ;DaGwL yk Joj:yf
!= b]xfosf shf{x?nfO{ c;n shf{df ;dfj]z ug{ ;lsg] 5 M
-s_ ;'grfFbLsf] lwtf]df uPsf shf{ tyf ;fk6x?,
-v_ d'2ltd'2lt /l;bsf] lwtf]df uPsf shf{ tyf ;fk6x?,
-u_ g]kfn ;/sf/sf] ;'/If0fkq tyf g]kfn /fi6 a}+s C0fkqsf] lwtf]df uPsf shf{ tyf ;fk6
37
t/, cltl/Qm lwtf] ;'/If0f jfkt d'2ltd'2lt /l;b jf g]kfn ;/sf/sf] ;'/If0fkq jf g]kfn /fi6 a}+s
C0fkq lwtf] /fvL shf{ k|jfx u/]df To:tf shf{ tyf ;fk6x?nfO{ eg] a'Fbf g+= ! df plNnlvt
lgb]{zg adf]lhd g} juL{s/0fug'{ kg]{5 .
@= a9Ldf Ps jif{;Dd e'StfgL cjlw ePsf] rfn' k'FhL shf{nfO{ gjLs/0f ubf{ c;n shf{df ;dfj]z ug{
;lsg] 5 . Ohfhtkqk|fKt ;+:yfn] C0fLsf] shf{ ltg{ ;Sg] Ifdtf, efjL gub k|jfx, cfDbfgLsf] ;|f]t
h:tf shf{ k|jfxsf Go'gtd cfwf/x?sf] ljZn]if0f kZrft shf{ ;b'kof]usf] ;'lglZrttf x'g] u/L dfq
shf{ gjLs/0f ug'{kg]{5 . rfn' k'FhL k|s[ltsf shf{x?df k|fKt x'g' kg]{ Aofh lgoldt gePsf] cj:yfdf
To:tf] shf{nfO{ Aofh jSof}tf cjlwsf] cfwf/df juL{s/0fug'{ kg]{5 .
#= v/fj shf{ ;DaGwL yk Joj:yf
efvf gf3]sf] jf ggf3]sf] s'g} klg shf{df b]xfosf] s'g} s}lkmot b]lvPdf To:tf] shf{ tyf ;fk6nfO{ v/fj
shf{df juL{s/0fug'{ kg]{5 M
-s_ C0fL 6f6 kN6]df jf 6f6 kN6]sf] 3f]if0ff ePdf,
-v_ C0fL x/fPdf jf ufoj ePdf,
-u_ shf{ b'?kof]u ePdf,
-3_ kl/of]hgfJoj;fo ;~rfng x'g] cj:yf g/x]df, kl/of]hgf jf Joj;fo ;~rfngdf gePdf,
-_ k|lttkq, hdfgt tyf cGo ;Defljt bfloTjx? kmf];{ nf]g -Force Loan_ sf] ?kdf sf]ifdf cfwfl/t
shf{df kl/0ft ePsf] cj:yfdf To;/L shf{df kl/0ft ePsf] ldltn] gAa] lbg;Dd c;'nL gePdf,
-r_ shf{ c;'n x'g g;sL lnnfdL k|lqmof z'? ePsf] !*) lbg gf3]df jf c;'nL k|lqmof cGtu{t cbfntdf
d'2f rln/x]sf] cj:yfdf,
-5_ shf{ ;'rgf s]Gb|sf] sfnf];"rLdf sfod /x]sf C0fLnfO{ shf{ k|bfg u/]sf] cj:yfdf,
-h_ ;'/If0fsf] ahf/ d"Non] shf{sf] ;'/If0f x'g g;Sg] ePdf,
-em_ vl/b jf l8:sfpG6 u/]sf] laN;sf] e'QmfgL ldlt -due date_ n] gAa] lbg;Dd c;'nL gePdf,
-`_ s'g} JolQmkmd{sDkgLsf] gfddf /x]sf] shf{ csf]{ JolQmkmd{sDkgLn] pkef]u u/]sf] cj:yfdf, t/
Pp6} ;d'xdf kg]{ kmd{sDkgLsf] xsdf s'n ;Ldf sfod ug{ afwf k'Ug] 5}g,
-6_ l6=cf/=shf{ (Trust Receipt Loan) e'QmfgL ug]{ k|of]hgsf] nflu k|lttkq vf]Nbfsf avt pNn]v
gul/Psf] cGo s'g} gofF shf{ :jLs[t u/L k|jfx ePdf .
-7_ Credit Card shf{ efvf gf3]sf] ldltn] gAa] lbgleq ckn]vg gePdf .
$=
l6Kk0fL M of] lgb]{zgsf] v08 -r_ sf] k|of]hgsf] nflu b'?kof]u eGgfn] k|of]hg v'nfO{ lnPsf] shf{ /sd ;DalGwt
k|of]hgdf k|of]u gu/]sf], kl/of]hgf ;~rfngdf g/x]sf], ;DalGwt kl/of]hgfJoj;foaf6 cflh{t /sd C0f
ltg{df gnufO{ cGo sfo{df k|of]u u/]sf], lg/LIf0f tyf ;'kl/j]If0fsf] qmddf ;'kl/j]Ifs, n]vf k/LIf0fsf]
qmddf n]vfkl/Ifsaf6 b'?kof]u ePsf] k|dfl0ft ePdf shf{ tyf ;'ljwfsf] b'?kof]u u/]sf] ;Demg' k5{ .
cfjlws shf{ ;DaGwL yk Joj:yf
-!_ ls:tfjGbLdf k|jfx ul/Psf cfjlws shf{x? (Term Loan) sf] xsdf ;fFjfsf] ls:tfn] efvf gf3]df
;Dk"0f{ jSof}tf shf{ /sdnfO{ g} ls:Tff /sdsf] efvf gf3]sf] cjlwsf] cfwf/df juL{s/0fug'{
kg]{5
.
t/, clwljsif{ (Overdraft) sf] sf/f]af/ ug]{ ;'ljwf gkfPsf Ohfhtkqk|fKt ;+:yfx?n] k|bfg u/]sf]
cfjlws shf{sf] xsdf b]xfo adf]lhd shf{ gf]S;fgL Joj:yf sfod ug'{kg]{5 .
-s_ ls:tf /sdn] ! jif{eGbf sd cjlwn] efvf gf3]sf] cj:yfdf To:tf] ls:tf /sdnfO{ dfq v/fj
shf{df juL{s/0fu/L shf{ gf]S;fgL Joj:yf sfod ug'{kg]{5 . t/, Ohfhtkqk|fKt ;+:yfn] ;Dk"0f{
shf{ /sdnfO{ g} v/fj shf{df juL{s/0fug{ rfx]df of] Joj:yfn] afwf k'u]sf] dflgg] 5}g .
-v_ ls:tf /sdn] ! jif{eGbf j9L cjlwn] efvf gf3]sf] cj:yfdf ;Dk"0f{ shf{ /sdnfO{ g} v/fj
shf{df juL{s/0fu/L shf{ gf]S;fgL Joj:yf sfod ug'{kg]{5 .
-@_ hnljB't kl/of]hgf, ljB't k|;f/0f nfOg -Transmission Line_ / s]jnsf/ lgdf{0f kl/of]hgf shf{sf] xsdf
s'g} ls:tfn] () lbgeGbf a9Ln] efvf gf3]df To:tf] ls:tf /sdnfO{ v/fj ju{df juL{s/0fu/L ls:tfsf]
ztk|ltzt shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
38
%=
^=
&=
*=
l6Kk0fLM o; bkmfsf] k|of]hgsf nflu cfjlws shf{ eGgfn] Ps jif{eGbf a9L e'QmfgL cjlw sfod u/L k|jfx
ul/Psf] shf{ ;fk6nfO{ ;Demg' kb{5 .
;'grfFbL shf{ ;DaGwL yk Joj:yf
Ohfhtkqk|fKt ;+:yfx?n] b]xfosf Joj:yf tyf zt{x? k'/f u/L ;'grfFbL lwtf] /fvL shf{ k|bfg ug{ ;Sg]]
5g\ M
-s_ ;+:yfsf] shf{ gLltljlgodfjnLdf ;'grfFbL lwtf] lnO{ shf{ k|bfg ug{] Joj:yf pNn]v ePsf] x'g' kg]{,
-v_ ;+:yfn] ;'grfFbLsf] shf{ sf/f]af/ ug{' cufj} cfjZos ;'/Iff Joj:yf, ;'/If0fsf] d"Nof\sg Joj:yf,
9's'6L aLdf tyf hfFrsL ;DaGwL Joj:yf u/]sf] x'g' kg]{,
-u_ a}+s tyf ljQLo ;+:yfx?n] s'g} JolQmnfO{ ;'grfFbL shf{ k|jfx ubf{ To:tf] C0fLn] lwtf]:j?k lbPsf]
;'g jf rfFbL hfFr u/L shf{ ;'/lIft /x]sf] olsg u/]/ dfq shf{ k|jfx ug{' kg]{5 . o;/L shf{ k|jfx
ubf{ C0fLn] lwtf] :j?k lbPsf] ;'g jf rfFbL Pp6} y}nLdf /flvPsf] x'g'kg]{5 . sy+sbflrt\ s'g} C0fLn]
lbPsf] PseGbf a9L y}nLx? jf PseGbf a9L y}nLx? /flvPsf] Pp6f y}nL dfq lwtf] /fvL jf
;'grfFbLsf] k/LIf0f hfFr gu/L ;'grfFbL shf{ k|jfx ePdf To:tf] shf{df ztk|ltzt shf{ gf]S;fgL
Joj:yf ug{' kg]{5 .
cf]e/8f6 ;Ldf gfg] u/L u|fxssf] vftfaf6 ;fFjf tyf Aofh c;'npk/ ug{ gkfOg]
cf]e/8f6 ;Ldf gfg] u/L u|fxssf] rNtL vftfaf6 cf]e/8g (Overdrawn) u/L shf{sf] ;fFjf tyf Aofh
c;'npk/ ug{ kfOg] 5}g .
u|fxssf] vftf vr{ u/L ;fFjf tyf Aofh c;'npk/ ubf{ vftf cf]e/8g (Overdrawn) eO{ lx;fj /fkm;fkm
gePsf] v08df o;/L c;'npk/ gePsf shf{x?df cf]e/8g u/]sf] ;fFjf /sd ;d]t aSof}tf shf{ /sddf
;dfj]z u/L To:tf shf{x? h'g ju{df kg]{ xf] ;f] eGbf Ps tx d'lgsf] ju{df ;dfj]z ug'{ kg]{5 . t/, o;
Joj:yfn] u|fxssf] vftfdf /x]sf] df}Hbft vr{ u/L ;fFjf tyf Aofh c;'npk/ ug{ aGb]h nufPsf] dflgg]
5}g .
u|]; cjlw ;DaGwL Joj:yf
;fdfGotof Ps jif{eGbf j9L u|]; cjlw /fvL cfjlws shf{ k|bfg ug{ kfOg] 5}g . ;f] eGbf a9L u|]; cjlw
k|bfg ug'{kg]{ ePdf s] slt sf/0fn] / s'g s'g cfwf/df a9L u|]; cjlw sfod ug'{k/]sf] xf] ;f]sf] Joxf]/f
v'nfO{ shf{ :jLs[ltsf] ;dodfg} ;f] shf{ :jLs[t ug{ clVtof/ k|fKt clwsf/L eGbf Ps tx dflyNnf]
clwsf/Laf6 :jLs[t u/fpg' kg]{5 . o; k|of]hgsf] nflu ;aeGbf dflyNnf] :t/ ;~rfns ;ldlt x'g]5 .
:ki6Ls/0fM u|]; cjlw eGgfn] shf{ k|jfx ldltb]lv shf{sf] ls:tf e'QmfgL ug{ z'? x'g] ldlt a'em\g' kg]{5 .
shf{sf] k'g/tflnsLs/0f / k'g/;+/rgf ;DaGwL Joj:yf
-!_ C0fLn] k]z u/]sf] lnlvt sfo{ of]hgfdf plNnlvt b]xfosf cfwf/x?df Ohfhtkqk|fKt ;+:yf ljZj:t
ePdf shf{x?nfO{ k'g/tflnsLs/0f jf k'g/;+/rgf ug{ ;Sg] 5 . shf{ k'g/tflnsLs/0f jf
k'g/;+/rgf ul/Psf :ki6 cfwf/x? k|To]s shf{ kmfOndf ;+nUg x'g' kg]{5 M
-s_ shf{ ;DaGwL sfuhft tyf ;'/If0fx? kof{Kt ePsf] k|df0f,
-v_ k'g/tflnsLs/0f jf k'g/;+/rgf ePsf shf{ c;'n x'g] ;Defjgfaf/] Ohfhtkqk|fKt ;+:yf
ljZj;gLo ePsf] cfwf/x?, /
-u_ shf{nfO{ k'g/tflnsLs/0f jf k'g/;+/rgf ug{ lnlvt sfo{ of]hgf k]z x'g'sf cltl/Qm To:tf]
shf{ k'g/tflnsLs/0f jf k'g/;+/rgf ubf{sf] lbg;Dd kfs]sf] AofhdWo] c;'n x'g afFsL
Aofhsf] sDtLdf kRrL; k|ltzt Aofh /sd c;'npk/ ePsf] .
-@_ g]kfn ;/sf/n] g]kfn /fhkqdf k|sflzt ?U0f pBf]usf] k'g:yf{kgf tyf pko'Qm lgsf;sf] nflu o;
a}+sn] hf/L u/]sf] ?U0f pBf]usf ;DaGwdf ljQLo If]qaf6 x'g;Sg] ;'ljwf ;DaGwL sfo{lalw, @)&) sfo{ljlw @=!_ adf]lhd x'g] u/L shf{ k'g/tflnsLs/0f jf k'g/;+/rgf ubf{ Go'gtd kRrL; k|ltzt
shf{ gf]S;fgL Joj:yf ug'{ kg]{5 .
-#_ pka'Fbf -!_ / -@_ adf]lhd juL{s/0ful/Psf shf{x?sf] ljj/0f 5'} tof/ ug'{ kg]{5 .
39
l6Kk0fLM *
o; k|of]hgsf] nflu k'g/tflnsLs/0f eGgfn] u|fxsn] lnPsf] shf{;'ljwfsf] e'QmfgL ug]{

cjlw;do a9fpg] k|lqmofnfO{ ;Demg' k5{ .
k'g/;+/rgf eGgfn] shf{;'ljwfsf] k|s[lt jf zt{df kl/jt{g ug]{, aGb]hx? yk36 ug]{ jf ;do
;Ldfdf x]/km]/ ug]{ k|lqmofnfO{ ;Demg' k5{ .
shf{ gf]S;fgL jfkt sfod ug'{ kg]{ Joj:yf
-!_ o; lgb]{zg adf]lhd jlu{s/0f ul/Psf shf{ tyf laN; vl/bx?sf] nflu aSof}tf ;fFjf /sdsf]
cfwf/df b]xfo adf]lhd shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 M
shf{ juL{s/0f
Go'gtd shf{ gf]S;fgL Joj:yf
-s_
c;n
! k|ltzt
-v_
;'Id lgu/fgL (Watch List)
% k|ltzt
-u_
sd;n
@% k|ltzt
-3_
z+sf:kb
%) k|ltzt
-_
v/fj
!)) k|ltzt
;fy}, shf{ gf]S;fgL jfkt sfod ug'{kg]{ Joj:yf ;DaGwdf ;'Id lgu/fgLsf] nflu lgDgfg';f/sf]
;dofjwLdf tklzndf tf]lsP adf]lhdsf] gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
*
(=
qm=;+=
!
@
#
$
%
^
&
*
;dofjlw
@)&! r}q d;fGt
@)&@ c;f/ d;fGt
@)&@ c;f]h d;fGt
@)&@ k'; d;fGt
@)&@ r}q d;fGt
@)&# c;f/ d;fGt
@)&# c;f]h d;fGt
@)&# k'; d;fGt
sfod ug'{kg]{ gf]S;fgL Joj:yf

!=% k|ltzt
@ k|ltzt
@=% k|ltzt
# k|ltzt
#=% k|ltzt
$ k|ltzt
$=% k|ltzt
% k|ltzt
;'Id lgu/fgL cGtu{t juL{s/0f ug{'kg]{ cfwf/s}lkmotx? ;'wf/ ePsf] cj:yfdf shf{df sfod
gf]S;fgL Joj:yfnfO{ ;dfof]hg u/L c;n ju{df juL{s/0f ug{ ;lsg] 5 .
-@_
k'g/;+/rgf jf k'g/tflnsLs/0f u/]sf] shf{sf] xsdf ;f] jfkt b]xfo adf]lhd shf{ gf]S;fgL Joj:yf
sfod ug'{ kg]{5 M
-s_ k'g/;+/rgf jf k'g/tflnsLs/0f ug]{ ;dodf c;n ju{df jlu{s/0f e}/x]sf shf{x?nfO{
k'g/;+/rgf jf k'g/tflnsLs/0f ubf{ Go'gtd ;fF9] afx| -!@=%_ k|ltzt shf{ gf]S;fgL Joj:yf
ug'{ kg]{5 . sd;n, z+sf:kb tyf v/fj ju{df jlu{s/0f e};s]sf shf{x?nfO{ k'g/;+/rgf jf
k'g/tflnsLs/0f ubf{ k'j{jt sfod ul/Psf] shf{ gf]S;fgL Joj:yfdf nuftf/ b'O{jif{;Dd
lgoldt ePsf] cj:yfdf afx]s s'g} ;dfof]hg ug{ kfOg] 5}g .
ls:tfjGbL jf ;d dfl;s ls:tf (Equal Monthly Installment, EMI) df k|bfg ul/Psf
shf{x?sf] xsdf shf{sf] ;fFjf tyf Aofh lgoldt /x]sf] cj:yfdf b]xfosf] To:tf] shf{sf] nflu
k'g/;+/rgf jf k'g/tflnsLs/0f ;/x yk shf{ gf]S;fgL Joj:yf sfod ug{' kg]{5}g .
-c_ shf{sf] ls:tf clu|d e'StfgL ePsf] -Prepayment_ sf/0fn] ls:tfjGbLsf] /sd Pjd\
ls:tf ;+Vof sd ePdf .
-cf_ kl/jt{gzLn Aofhb/ ePsf shf{sf] Aofhb/ kl/jt{g ePsf] sf/0faf6 shf{sf] ;dofjlw
tyf ls:tf /sd kl/jt{g ePdf . o; k|;Fudf Aofhb/ a9]/ shf{sf] ;dofjlw tyf
ls:tf ;+Vof ylkg uPdf shf{ :jLs[t ug]{ ;dodf lgwf{/0f ul/Psf ls:tf /sd 36fpg
kfOg] 5}g . To:t}, Aofhb/ sd eO{ shf{sf] ;dofjlw tyf ls:tf ;+Vof 36\g uPdf klg
shf{ :jLs[t ug]{ a]nfdf lgwf{l/t ls:tf /sd 36fpg kfOg] 5}g .
40
-v_ k'g/;+/rgf jf k'g/tflnsLs/0f ul/Psf shf{sf] ;fFjf ls:tf tyf Aofhsf] e'QmfgL nuftf/ b'O{
jif{;Dd lgoldt ePsf] cj:yfdf To:tf shf{x?nfO{ c;n shf{df kl/0ft ug{ ;lsg] 5 .
-u_ a}+s tyf ljQLo ;+:yfaf6 shf{ k|jfx ePsf kl/of]hgfx?sf] Aofhdf j[l4, cGo nfutdf j[l4 jf
pTkfbg Ifdtfdf j[l4 eO{ z'?df tf]lsPsf] shf{ e'Qmfg ug]{ cjlw
-Repayment Schedule_
df shf{ r'Qmf ug{ ;Sg] l:ylt g/x]sf C0fLx?dWo] /fli6o k|fyldstfdf /x]sf xfO{8f]kfj/,
s]jnsf/, l;d]G6 jf cGo k"jf{wf/ lgdf{0f ;DaGwL kl/of]hgfx?nfO{ b]xfosf zt{x? k'/f u/L
k'g/tflnsLs/0fk'g/;+/rgf u/]sf] cj:yfdf ! k|ltzt dfq shf{ gf]S;fgL Joj:yf sfod ug{
;lsg] 5 . o;/L k'g/tflnsLs/0fk'g/;+/rgf ul/Psf shf{x?nfO{ c;n shf{sf] ?kdf
jlu{s/0f ug{ ;lsg] 5 .
-c_ kl/of]hgf lgliqmo geO{ ;~rfng d} /x]sf] jf ;~rfng z'? x'g] qmddf /x]sf] x'g'kg]{, /
-cf_ z'?df shf{ k|jfx ubf{ lgwf{/0f ul/Psf] u|]; -Moratorium_ cjlw eGbf kl5sf] cjlwdf
kfs]sf] Aofh k'FhLs[t u/L cfDbfgL afWg gkfOg] .
-3_ a}+s tyf ljQLo ;+:yfx?n] s'v'/fkfng Joj;fosf nflu k|jfx u/]sf] shf{ a8{n' /f]usf sf/0f
;fljssf] e'QmfgL tflnsf jf zt{ adf]lhd r'Qmf ug{ g;Sg] eO{ shf{ k'g/;+/rgf jf
k'g/tflnsLs/0f ug'{ k/]df Ps k6snfO{ C0fLsf] C0f ltg]{ lnlvt of]hgf, lwtf] ;'/If0fsf]
kof{Kttf / eljiodf C0f ltg{ ;Sg] Ifdtfsf cfwf/df k'g;+/rgf jf k'g/tflnsLs/0f u/]sf]
cj:yfdf ! k|ltzt dfq shf{ gf]S;fgL Joj:yf sfod ug{ ;Sg] u/L
k'g/tflnsLs/0fk'g/;+/rgf ug{ ;lsg] 5 . o;/L k'g/tflnsLs/0fk'g/;+/rgf ul/Psf
shf{x?nfO{ c;n shf{sf] ?kdf jlu{s/0f ug{ ;lsg] 5 .
-_ ;]o/sf] lwtf]df k|bfg u/]sf] shf{x?nfO{ k'g/;+/rgf jf k'g/tflnsLs/0f ug{ kfOg] 5}g .
-#_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] k|jfx u/]sf] shf{ lgIf]k tyf shf{ ;'/If0f lgudaf6
;'/If0f u/fPsf] jf aLdf u/fPsf] cj:yfdf To:tf] ;'/If0f u/]sf] shf{sf] nflu ug'{ kg]{ shf{ gf]S;fgL
Joj:yf -Loan Loss Provision_ df &% k|ltzt 5'6 lbO{ afFsL @% k|ltzt dfq Joj:yf u/] k'Ug] 5 .
-$_ a}+s tyf ljQLo ;+:yfx?n] z'? ;]o/ lgisfzg -Initial Public Offering - IPO_ x'Fbfsf] cj:yfdf ;]o/
vl/bsf nflu a'emfOg] cfj]bgsf] cw{sLsf] ;'/If0fdf o; lgb]{zgsf] a'Fbf g+= !% df ePsf] Joj:yf
ljkl/t s'g} lsl;dsf] shf{ k|jfx ug{ kfOg] 5}g . To:tf] shf{ k|jfx u/]sf] xsdf ;DalGwt a}+s tyf
ljQLo ;+:yfn] zt k|ltzt shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
-%_ JolQmut;+:yfut hdfgLdf shf{ k|bfg ubf{ C0fLsf] JolQmut hdfgL /sd a/fa/sf] cGo s;}sf]
bfjL gnfUg] ;DklQsf] laj/0f clgjfo{ ?kdf lng' kg]{5 . JolQmut;+:yfut hdfgLdf dfq} k|jflxt
shf{nfO{ klg pk/f]Qmfg';f/ juL{s/0f u/L c;n, sd;n / z+sf:kb shf{df kg]{ eP ;f] ju{df
tf]lsPsf] k|ltztsf] cltl/Qm aL; k|ltzt yk u/L shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 . cGo
rn, crn ;DklQsf] ;'/If0fn] gvfDg] eO{ yk ;'/If0f jfkt JolQmut;+:yfut hdfgt ;d]t lnO{
shf{ k|jfx u/]sf] cj:yfdf ;d]t dfly pNn]v eP adf]lhd yk shf{sf] nflu Joj:yf ug'{ kg]{5 .
t/, JolQmut;+:yfut hdfgLdf k|jfx ePsf b]xfosf shf{x?df yk shf{ gf]S;fgL Joj:yf sfod
ug{ clgjfo{ x'g] 5}gM
-s_ qm]l86 sf8{ shf{ .
-v_ O=k|f= lgb]{zg g+= # sf] a'Fbf g+= # sf] v08 -v_ df plNnlvt ;+:yfx?nfO{ k|bfg u/]sf] shf{ .
-u_ b]xfosf zt{x?sf] kfngf x'g] u/L k|jfx ePsf] ? !% nfv;Ddsf] JolQmut shf{ .
-c_ Ohfhtkq k|fKt ;+:yfsf] shf{ gLltdf o; lsl;dsf shf{ k|jfx, cg'udg tyf c;'nL
;DaGwdf :ki6 pNn]v u/]sf] x'g'kg]{ .
-cf_ o; lsl;dsf shf{ k|jfxsf nflu Ohfhtkq k|fKt ;+:yfsf] ;~rfns ;ldltaf6 5'6\6}
k|f]8S6 k]k/ :jLs[t u/fO{ nfu' u/]sf] x'g' kg]{ / shf{ k|jfx ubf{ k|f]8S6 k]k/ k"0f{ kfngf
u/]sf] x'g'kg]{ .
41
-O_
C0fLsf] cfDbfgLsf] ;|f]tn] shf{ e'QmfgL ug{ ;Sg] :ki6 cfwf/ x'g'kg]{ . To:tf] cfDbfgLsf]
;|f]t C0fLsf] a}+s tyf ljQLo ;+:yfdf /x]sf] vftfaf6 osLg u/]sf] x'g'kg]{ . ;fy}, C0fLn]
clgjfo{?kdf :yfoL n]vf gDa/ (PAN) lnPsf] x'g'kg]{ .
-O{_ ;d dfl;s ls:tf -Equal Monthly Installment_ df shf{ e'QmfgL x'g] u/L e'QmfgL
tflnsf to x'g'kg]{ / o:tf] shf{sf] clwstd ;dofjlw % jif{ ;Dd dfq x'g] .
-p_ o:tf] shf{ s'n shf{sf] % k|ltzteGbf a9L k|jfx ug{ gkfO{g] .
-3_ v08 -s_ / -u_ adf]lhdsf shf{x? gAa] lbg eGbf a9L cjlwn] efsf gf3]df v/fa ju{df
juL{s/0f u/L zt k|ltzt shf{ gf]S;fgL Joj:yf sfod ug'{kg]{ .
-_ o:tf shf{x?sf] ljj/0f 5'} tof/ ug'{kg]{ 5 .
-^_
Ohfhtkqk|fKt ;+:yfn] b]xfosf] cj:yfdf afx]s t];|f] kIfsf] lwtf]df dfq} k|jflxt shf{nfO{ o;
lgb]{zg adf]lhd jlu{s/0f u/L c;n, sd;n / z+sf:kb shf{df kg]{ eP ;f] ju{df tf]lsPsf]
k|ltztsf] cltl/Qm aL; k|ltzt yk shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 . C0fLsf] cGo;DklQsf]
;'/If0fn] gvfDg] eO{ yk ;'/If0f jfkt t];|f] kIfsf] lwtf] ;d]t lnO{ shf{ k|jfx u/]sf] cj:yfdf ;d]t
dfly pNn]v eP adf]lhd shf{sf] nflu yk Joj:yf ug'{ kg]{5 . o:tf shf{x?sf] jlu{s/0f ljj/0f 5'}
tof/ ug'{ kg]{5 .
-c_ C0fL JolQm ePdf lghsf] Psf3/ kl/jf/sf ;b:osf] gfddf ePsf] lwtf] .
-cf_ C0fL kmd{ ePdf ;f] kmd{sf] k|f]k|fO6/, ;fem]bf/ jf lghsf] Psf3/ kl/jf/sf ;b:osf] gfddf
ePsf] lwtf] .
-O_ C0fL sDkgL ePdf ;f] sDkgLsf ;+:yfks, ;~rfns jf lghsf] Psf3/ kl/jf/sf ;b:osf]
gfddf ePsf] lwtf] .
t/ o; cl3 -kl/kq hf/L ldlt @)^(.#.@(_ k|jflxt shf{sf] xsdf @)&! c;f/ d;fGt;Dd jf
cfjlws shf{sf] xsdf clGtd ls:tf e'QmfgL cjlw;Dd o:tf] yk shf{ gf]S;fgL Joj:yf ug{ jfWo
x'g] 5}g .
-&_ a}+s tyf ljQLo ;+:yfx?n] JolQmut hdfgLdf k|jfx eO/x]sf] lzIff shf{ tyf n3' ljQLo ;+:yf Pjd\
;xsf/L ;+:yfx?nfO{ ljkGg ju{ shf{ cGtu{t nufgL u/]sf] shf{df dfly pka'Fbf -%_ adf]lhd
tf]lsPsf] shf{ gf]S;fgL Joj:yfdf cltl/Qm jL; k|ltzt yk shf{ gf]S;fgL Joj:yf ug'{ kg]{5}g .
-*_ Ohfhtkqk|fKt ;+:yfn] rfx]df dflyNnf] ju{sf] shf{ ;fk6x?nfO{ tNnf] ju{df jlu{s/0f ug{ s'g} aGb]h
nufOPsf] 5}g . pbfx/0fsf nflu sd;n shf{nfO{ z+sf:kb jf v/fa shf{df / z+sf:kbnfO{ v/fj
shf{df jlu{s/0f ug{ kfOg] 5 .
-(_ Ohfhtkqk|fKt ;+:yfn] cfgf] shf{sf] l:ylt x]/L o; lgb]{zgdf tf]lsPsf] Go'gtd shf{ gf]S;fgL
Joj:yfsf] cltl/Qm yk shf{ gf]S;fgL Joj:yf sfod ug{ rfx]df To;/L yk shf{ gf]S;fgL ul/Psf
shf{ vftfx? :ki6 v'nfpg' kg]{5 .
-!)_ shf{;fk6 eGgfn] laN; vl/b tyf l8:sfp06 ;d]tnfO{ ;Demg' kg]{5 .
l6Kk0fLM ;lqmo shf{sf] nflu ul/Psf] shf{ gf]S;fgL Joj:yfnfO{ ;fdfGo shf{ gf]S;fgL Joj:yf (General
Loan Loss Provision) / lgliqmo shf{sf] nflu ul/Psf] shf{ gf]S;fgL
gf]S;fgL Joj:yf (Specific Loan Loss Provision) sf] ?kdf lnOg]] 5 .
Joj:yfnfO{ ljz]if shf{
!)= shf{ gf]S;fgL Joj:yfnfO{ ;dfof]hg ug{ kfpg] cj:yfM shf{ gf]S;fgL Joj:yfnfO{ b]xfosf] cj:yf afx]s
;dfof]hg ug{ kfOg] 5}g M

-s_ shf{ ckn]vg ePdf,
-v_ shf{sf] e'QmfgL ls:tfjGbL jf cf+lzs ?kdf ePdf shf{ jlu{s/0f cg'?ksf] shf{ gf]S;fgL Joj:yf
sfod ubf{ e'QmfgL ePsf] xb;Ddsf] shf{ jfkt ul/Psf] shf{ gf]S;fgL Joj:yf,
-u_ k'g/;+/rgf jf k'g/tflnsLs/0f ul/Psf shf{sf] ;fFjf tyf Aofhsf] e'QmfgL nuftf/ b'O{ jif{;Dd
lgoldt ePdf /
42
-3_ shf{ r'Qmf ePdf .

!!= u}/ a}+ls ;DklQsf] gf]S;fgL Joj:yf / lnnfd laqmL ;DaGwdf
-!_ Ohfhtkqk|fKt ;+:yfx?n] ;sf/ u/]sf] u}/ a}+ls ;DklQdf ;sf/ u/]s} ldltb]lv zt k|ltzt
gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
-@_ u}/ a}+ls ;DklQ laqmL ePsf] cj:yfdf tTsfn To:tf] ;DklQsf nflu v8f ul/Psf] gf]S;fgL Joj:yfsf]
cfjZos lx;fjldnfg ug{' kg]{5 .
-#_ Ohfhtkqk|fKt ;+:yfn] lwtf] ;'/If0fnfO{ u}/ a}+ls+ ;DklQsf] ?kdf ;sf/ ubf{ tyf ;sf/ u/]sf] u}/ a}+ls+
;DklQ lnnfd laqmL ug]{ ;DaGwdf b]xfo adf]lhd ug'{ kg]{5 M
-s_ ?= @% nfveGbf a9L shf{ /sd aSof}tf /x]sf] u|fxssf] ;'/If0f ;DklQnfO{ u}/ a}+ls ;DklQsf]
?kdf ;sf/ ubf{ ;DalGwt kIfnfO{ clgjfo{?kdf sfnf];"rLdf ;dfj]z ug'{ kg]{5 .
-v_ cfgf] ;+:yfsf] gfddf /x]sf] u}/ a}+ls ;DklQsf] lnnfd ug'{k'j{ :jtGq d"Nofgstf{af6
oyfy{k/s d"Nofg u/fpg' kg]{5 .
-u_ lwtf] ;'/If0fu}/ a}+ls+ ;DklQ lnnfd ;DaGwdf Ohfhtk|fKt ;+:yfn] kf/bzL{ / :ki6 Joj:yf
u/L a}+s tyf ljQLo ;+:yfsf] lxt ;+/If0f x'g] u/L laqmL ug'{ kg]{5 .
-3_ o;/L u}/ a}+ls ;DklQ ;sf/ u/L ln+bf lnnfd x'g g;s]sf] ;'/If0f jfkt /flvPsf] ;Dk"0f{
;DklQnfO{ g} lng' kg]{5, cf+lzs ?kdf dfq lng kfOg] 5}g .
-_ o;/L ;sf/ u/L lnPsf] ;DklQnfO{ oyf;Dej l56f] laqmL ug'{ kg]{5 . Ohfhtkqk|fKt ;+:yfsf]
cfg} k|of]hgnfO{ cfjZos ePdf ;f] sf] pkof]usf nflu ;~rfns ;ldltaf6 :jLs[t u/fO{ o;
a}+snfO{ ;d]t hfgsf/L u/fpg' kg]{5 .
-r_ u}/ a}+ls ;DklQsf] ?kdf a}+sljQLo ;+:yfn] ;sf/ u/]sf] ;DklQ lwtf] ;'/If0f wgL -u}/ a}+ls
;DklQdf cfpg' cl3sf] wgL_ nfO{ lkmtf{ ubf{ u}/ a}+ls;DklQ n]vf+sg ubf{sf] d"Nodf g36\g] u/L
;DalGwt ;+:yf / ;DalGwt ;'/If0f wgLaLrsf] cfk;L jftf{f/f ;DalGwt ;'/If0f wgLnfO{ dfq
lwtf];'/If0f lkmtf{ ug{ eg] of] lgb]{zgn] afwf k'ofPsf] dflgg] 5}g .
!@= Credit Sale /Purchase/Re-purchase tyf Takeover ;DaGwL Joj:yf
!= o; a}+sn] tf]s]sf] k'FhLsf]if kof{Kt gePsf a}+s tyf ljQLo ;+:yfx?n] o; a}+ssf] k'j{ :jLs[lt glnO{
cGo s'g} klg a}+s tyf ljQLo ;+:yfx?af6 s'g} lsl;dsf] C0f, shf{ cflb vl/b u/L lng, Discount
u/L lng tyf Credit Sale/Purchase/Re-purchase / Takeover (CS,CP,RP & TO) ug{ kfpg] 5}g .
@= o; a}+sn] tf]s]sf] k'FhLsf]if kof{Kt ePsf a}+s tyf ljQLo ;+:yfx?n] CS, CP, RP & TO ubf{ b]xfosf
zt{ aGb]hsf] clwgdf /xL ug{ ;Sg] 5g\ .
-s_ a}+sljQLo ;+:yfn] CS, CP, RP & TO u/L lng' cl3sf] cj:yfdf ;d]t o; a}+sn] tf]s]sf]
k'FhLsf]if sfod u/]sf] x'g' kg]{5 .
-v_ CS CP, RP & TO u/L lng]lbg] ;DaGwdf a}+sljQLo ;+:yfn] cfgf] shf{ gLltdf :ki6
Joj:yf ug'{ kg]{5 . cGoyf To:tf] sf/f]af/ ug{ kfOg] 5}g .
-u_ cfly{s jif{sf] clGtd dlxgfdf CS, CP, RP & TO ;DaGwL sfo{ ug{ kfO{g] 5}g .
-3_ shf{ vl/b (Credit Purchase) ubf{ ;f] shf{ u|fxsaf6 c;'npk/ ug{ ;Sg] clwsf/ vl/b ug]{n]
lng' kg]{5 . ;f] sfo{sf] nflu ;DalGwt u|fxssf] ;xdlt ;d]t lng' kg]{5 .
-c_ shf{ vl/b u/L lng]n] ;f] vl/b u/]sf] shf{nfO{ cfgf] lx;fadf ;DalGwt zLif{ssf] shf{
;fk6 pkzLif{sdf n]vfg ug'{ kg]{5 .
-cf_ shf{sf] zt{ / cj:yfsf] lj:t[t ljj/0f lnP/ dfq shf{ vl/b ug'{ kg]{5 .
-O_ shf{ vl/b u/L lng] a}+s tyf ljQLo ;+:yfn] ;DalGwt C0fLn] shf{ lnPsf] ldlt, shf{sf]
lsl;d, e'QmfgL cj:yf, ljutsf] shf{ sf/f]af/sf] cj:yf, hdfgtstf{sf] x}l;ot, shf{
jlu{s/0fsf] l:ylt cflb ljj/0fx? lnlvt ?kdf lng' kg]{5 .
43
-O{_
shf{ vl/b ug]{ a}+s tyf ljQLo ;+:yfn] shf{ jlu{s/0fsf] ljBdfg Joj:yf tyf shf{
gf]S;fgL Joj:yf adf]lhdsf] shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
-p_ shf{ vl/b u/L ln+bf o:tf] shf{ ;'/lIft /x]sf] tyf ;+:yfnfO{ kmfObfhgs ePgePsf]
af/] olsg x'g] cfwf/ v'Ng] sfuhftx? ;DalGwt shf{ kmfOndf cBfjlws ug'{ kg]{5 .
-pm_ shf{ gLltdf shf{ vl/b ;DaGwL Joj:yf /x]sf a}+s tyf ljQLo ;+:yfx?n] dfq shf{
vl/b u/L lnglbg ;Sg] 5g\ .
-_ CS, CP, RP & TO sf/f]af/sf] cw{jflif{s ljj/0f cw{jflif{s cjlw ;dfKt ePsf] ldltn] !%
lbgleq o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 .
#= a}+s tyf ljQLo ;+:yfx?n] o;/L shf{ vl/blaqmL (Purchase and Sale) ubf{ sy+sbflrt vl/bstf{
;+:yfn] shf{ p7fpg g;s]df ;f] shf{ k'gM cfkmF}n] vl/b ug]{ (Credit Repurchase) zt{ /x]sf]
cj:yfdf laqmLstf{ ;+:yfn] To:tf] shf{ Repurchase gu?~h]n Contingent Liability sf] ?kdf
cfgf] jf;nftdf b]vfpg'kg]{ / o:tf] Contingent Liability nfO{ k'FhLsf]if u0fgf ug]{ k|of]hgsf] nflu
%) k|ltzt dfq hf]lvd ef/ k|bfg ug'{ kg]{5 .
$= s'g} a}+s tyf ljQLo ;+:yfx?aLr cGt/ a}+s sf/f]af/ cGtu{t lbPsf] ;fk6L jf csf]{ a}+s jf ljQLo
;+:yfdf /fv]sf] lgIf]k ;dodf c;'n pk/ x'g g;s]sf] cj:yfdf To:tf] ;fk6L jf lgIf]ksf] ;fFjf tyf
Aofh c;'n pk/ ug]{ k|of]hgsf] nflu ;fk6L jf lgIf]k lng] ;DalGwt a}+s jf ljQLo ;+:yfn] k|jfx
u/]sf] shf{ vl/b ug{ OR5's ;fk6L lbg] jf lgIf]k /fVg] a}+s jf ljQLo ;+:yfn] ;DalGwt u|fxssf]
;xdltdf o; a}+ssf] k'j{ :jLs[lt lnO{ b]xfosf k|lqmof cjnDag u/L shf{ vl/b ug{ ;Sg] 5M
-s_ shf{ vl/b ubf{ s'n c;'n pk/ ug{ afFsL ;fFjf tyf Aofh /sdsf] bf]Jj/ eGbf sd gx'g] u/L
shf{ vl/b ug{' kg]{5 .
-v_ shf{ vl/b ug]{ / shf{ laqmL ug]{ ;+:yf aLr cfk;L ;dembf/Ldf oyfl:yltdf shf{ vl/b tyf
laqmL ug'{ kg]{5 .
-u_ shf{ vl/b ubf{ cf+lzs e'QmfgL ug{] u/L s'g} lsl;dn] shf{ vl/b ug{ kfOg] 5}g .
!#= ljQLo hdfgtsf] cfwf/df shf{ lbg tyf lgIf]k :jLsf/ ug{ gkfpg] ;DaGwL Joj:yf
:jb]zdf :yfkgf eO{ ;~rfngdf /x]sf a}+s tyf ljQLo ;+:yfx?n] hf/L u/]sf] ljQLo hdfgt (Financial
Guarantee) sf cfwf/df s'g} klg a}+s tyf ljQLo ;+:yfx?n] shf{/;'ljwf lbg tyf lgIf]k :jLsf/ ug{ kfpg]
5}g .
!$= lgIf]k /fVg tyf shf{sf] sf/f]af/ ug{] ;DaGwdf
!= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# afx]s cGo
k|rlnt sfg'g adf]lhd art kl/rfng tyf shf{sf] sf/f]af/ ul//x]sf ;+:yfx?df lgIf]k /fVg tyf
shf{sf] sf/f]af/ ug{ kfOg] 5}g .
@= a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# afx]s cGo k|rlnt sfg'g adf]lhd art kl/rfng tyf
shf{sf] sf/f]af/ ul//x]sf ;+:yfx?n] o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfdf lgIf]k /fVg
/ lgIf]k /l;bsf] lwtf]df shf{ lng pko{'Qm pka'Fbf ! sf] Joj:yfn] afwf k'Ug]5}g . t/, o;/L lgIf]k
/l;bsf] lwtf]df shf{ lb+bf h'g a}+sljQLo ;+:yfdf lgIf]k /fv]sf] xf] ;f]xL a}+sljQLo ;+:yfaf6 dfq
To:tf] shf{ k|bfg ug'{ kg]{5 . cfgf] lgIf]k /l;b /x]sf] ;+:yf afx]s cGo a}+sljQLo ;+:yfaf6 o;
cl3 k|jflxt shf{sf] xsdf e'QmfgL ldlt -Maturity Date_ kZrft gjLs/0f u/L shf{ k|jfx ug{
kfOg] 5}g .
#= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] lgIf]k /l;b -Deposit Receipt_ sf] lwtf]df shf{ k|jfx ubf{
c+lst Aofhb/ -Coupon Rate_ eGbf sd Aofhb/ gx'g] u/L ;+:yfsf] shf{ gLlt lgb]{lzsfsf]
kl/lwleq /x]/ shf{;fk6 pknAw u/fpg ;Sg]5g\ . t/, g]kfn ;/sf/n] hf/L u/]sf]
C0fkq;'/If0fkqsf] lwtf]df shf{ k|jfx ubf{ plNnlvt Joj:yf nfu" x'g] 5}g .
$= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] s'g} klg JolQm, kmd{, sDkgL / cGo ;+ul7t ;+3
;+:yfx?af6 s'g} klg k|sf/sf] lgIf]k :jLsf/ ubf{ To:tf] lgIf]kdf lbOg] c+lst Aofhb/ -Coupon Rate_
44
afx]s cGo s'g} klg k|sf/sf] z'Nssld;g jf o:t} cGo zLif{saf6 a}+s tyf ljQLo ;+:yfnfO{
Jooef/ kg]{ s'g} k|sf/sf] cfly{s ;'ljwf lbg kfOg] 5}g .
!%= k|fylds ;]o/ lgisfzgdf nufgL ug{sf nflu shf{ k|bfg ug]{ ;DaGwdf
klAns lnld6]8 sDkgLn] ;j{;fwf/0fdf k|fylds ;]o/ lgisf;g -Initial Public Offering, IPO) sf]] nflu
;]o/ laqmL v'Nnf u/]sf] klxnf]] ;ft sfo{lbg;Dd a}+s tyf ljQLo ;+:yfn] To:tf] ;]o/ vl/b ug]{ k|of]hgsf
nflu s'g} klg lsl;dsf] shf{ ;'ljwf k|bfg ug{ kfpg] 5}g . t/, To;/L cfXjfg u/]sf] klxnf] ;ft sfo{lbg
;Dddf klg dfu u/] adf]lhdsf] ;]o/sf nflu cfj]bg gk/]df -Fully Subscribe gePdf_ ;f]sf] cf7f}F sfo{
lbgb]lv b]xfo adf]lhdsf zt{x?sf] clwgdf /xL IPO sf nflu shf{ k|bfg ug{ ;Sg] 5g\ .
s= IPO sf] sfo{ ;Dkfbg ug{ lgo'Qm ePsf] lgisfzg k|aGws -Issue Manager) o; a}+ssf]
Ohfhtkqk|fKt ;+:yfsf] ;xfos sDkgL ePdf ;f] ;+:yfn] s'g} klg JolQmkmd{sDkgLnfO{ IPO sf
nflu shf{ k|bfg ug{ kfpg] 5}g .
v= a}+s tyf ljQLo ;+:yfn] IPO df nufgL ug]{ nufgLstf{x?nfO{ k|bfg ug]{ shf{sf] sDtLdf %) k|ltzt
gub dflh{g /fv]/ dfq shf{ k|bfg ug'{ kg]{5 .
u= o;/L k|bfg ul/Psf] shf{sf] e'QmfgL cjlw a9Ldf lwtf]kq P]g, lgodfjnL / lwtf]kq;Fu ;DalGwt
lgod adf]lhd ;]o/ afF8kmfF8 u/L /sd lkmtf{ ug]{ cjlw;Dd x'g]5 . o:tf] shf{sf] k'g/;+/rgf /
k'g/tflnsLs/0f ug{ kfOg] 5}g .
3= o:tf] shf{ k|jfx ubf{ klg cGo shf{ k|bfg ubf{ cjnDag ug'{kg]{ ;Dk"0f{ k|lqmof k'/f u/]sf] x'g' kg]{5 .
= o:f/L k|jfx ePsf] shf{ c;n shf{df /x]sf] cj:yf afx]s cGo cj:yfdf zt k|ltzt shf{ gf]S;fgL
Joj:yf ug'{ kg]{5 .
!^= Margin Lending k|s[ltsf] ;]o/ ;'/If0f /fvL k|jfx x'g] shf{sf ;DaGwdf
-s_ lwtf]kq ljlgdo ahf/df ;'rLs[t ;+:yfx?sf] ;]o/sf] lwtf]df a}+s tyf ljQLo ;+:yfaf6 k|jfx x'g]
Margin Lending k|s[ltsf]] shf{sf ;DaGwdf b]xfosf zt{x? kfngf u/]/ dfq ;f] cg';f/sf] shf{
k|bfg ug{ ;lsg] 5 .
-!_ o;/L k|jfx x'g] shf{sf] xsdf ;'/If0f afkt /flvg] ;]o/sf] d"Nofgubf{ g]kfn lwtf]kq ljlgdo
ahf/ lnld6]8af6 k|sflzt kl5Nnf] !*) sfo{ lbgsf] clGtd d"Nosf] cf};t d'No jf ;]o/sf]
k|rlnt ahf/ d"NodWo] h'g sd x'G5 ;f] /sdsf] cfwf/df a}+s tyf ljQLo ;+:yf cfkm}n]
shf{df x'g] hf]lvd Go'gLs/0f x'g] u/L cfjZos dflh{g sfod u/]/ dfq ;]o/ lwtf] shf{ k|jfx
ug{ ;lsg] 5 . Psk6s k|jfx ul/;s]sf] o:tf] shf{sf] ;'/If0fdf /x]sf] ;]o/sf] k'g/d"Nofgu/L
;f]sf] cfwf/df yk shf{ ;Ldf sfod ug{ jf yk shf{ k|bfg ug{ kfOg] 5}g .
-@_ Margin Call ;DaGwL Joj:yf M
-s_ ;]o/sf] ahf/ d"Nodf x'g] kl/jt{gsf] sf/0fn] Margin Call ug{' k/]df ;DalGwt a}+s tyf
ljQLo ;+:yfn] ;f] sf] d'No cg'udg u/L a9Ldf & lbgleqdf lgb]{lzt ;Ldfleq Nofpg
C0fL u|fxsnfO{ ;"lrt u/L Margin Call ug{' kg]{5 .
t/, ;'/If0fdf /flvPsf] ;]o/sf] d"Nodf !) k|ltzt;Ddn] 36]sf] cj:yfdf
Margin Call ug{ afWo x'g] 5}g . ;fy}, ;'/If0fdf /flvPsf] ;]o/sf] d'No s'n shf{
aSof}tf /sdsf] 8]9 u'0ff eGbf a9L ePsf] cj:yfdf o:tf] Margin Call ug'{ kg]{5}g .
-v_ v08 -s_ adf]lhd ;'rgf hf/L u/]kl5 ;DalGwt a}+s tyf ljQLo ;+:yfn] Margin Call
u/]sf] ldltn] #% lbgleq ;DalGwt C0fLu|fxsaf6 Margin jfktsf] /sd hDdf u/fO{
;Sg' kg]{5 .
-u_ v08 -v_ cg'?k gePdf To;kl5sf] & lbgleqdf To;/L ;'/If0f /flvPsf] ;]o/ lwtf]kq
ljlgdo ahf/ dfkm{t\ laqmL u/L shf{ c;'npk/ ul/;Sg' kg]{5 .
-3_ v08 -u_ cg'?k c;'npk/ gePdf To:tf] shf{sf] nflu ztk|ltzt shf{ gf]S;fgL
Joj:yf sfod ug'{ kg]{5 .
45
-#_
o;/L k|jfx ePsf] shf{sf] cjlw Ps jif{eGbf a9L x'g] 5}g . ;]o/ lwtf] shf{ -Margin type
Lending_ pkef]u ul//x]sf C0fLn] cfkm"n] lnPsf] shf{sf] ;Dk"0f{ aSof}tf Aofh e'QmfgL u/L
shf{ lgoldt /x]sf] cj:yfdf To:tf] shf{ gjLs/0f ug{ ;lsg] 5 .
t/, cGo k|of]hgsf] nflu k|jfx ePsf] shf{sf] nflu yk ;'/If0f:j?k C0fLn] lbPsf] ;]o/
lwtf]sf] xsdf of] Joj:yf nfu" x'g] 5}g . ;DalGwt a}+sljQLo ;+:yfn] shf{ k|of]hgsf
;DaGwdf cfjZos ;'rgf, tYof+s / ljj/0f ;DalGwt shf{ kmfOndf cBfjlws u/]sf] x'g'
kg]{5 . ;f] ;DaGwdf yk lwtf] ;'/If0f:j?k lnOg] To:tf] ;]o/, cltl/Qm lwtf]sf] ?kdf dfq /xg]
5.
-$_ b]xfosf cj:yfdf /x]sf ;+:yfx?sf] ;]o/sf] lwtf]df shf{ k|bfg ug{ kfOg] 5}g .
-s_
-%_
-^_
-&_
-*_
-(_
o; a}+saf6 ;d:ofu|:t 3f]if0ff ePsf jf lgb]{zg adf]lhd k'FhL sf]if cg'kft sfod gu/]sf a}+s
tyf ljQLo ;+:yfx?
-v_ g]6jy{ C0ffTds ePsf ;+:yfx?,

-u_ g]kfn lwtf]kq ljlgdo ahf/ lnld6]8n] ;"rLs/0faf6 x6fPsf (Delisted) ;+:yfx?,
-3_ cfly{s jif{ ;dfKt ePsf] Ps jif{ cjlw k'/f x'Fbf ;d]t clGtd n]vfk/LIf0f gug]{
;+:yfx?,
lwtf]kq ljlgdo ahf/df ;"lrs[t ;+:yfx?sf] ;]o/sf] lwtf]df shf{ k|bfg ug]{ ;DaGwdf a}+s
tyf ljQLo ;+:yfsf] cfgf] shf{ gLltlgb]{lzsfdf :ki6 Joj:yf eO{ cGo shf{ k|bfg u/] ;/x
cjnDag ug'{ kg]{ ;Dk"0f{ k|ls|of k'/f u/]sf] x'g' kg]{5 .
o:f/L k|jfx ePsf] shf{ c;n shf{df /x]sf] cj:yfdf afx]s cGo cj:yfdf zt k|ltzt shf{
gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
a}+s tyf ljQLo ;+:yfx?n] j9Ldf cfgf] k|fylds k'FhL (Core Capital) a/fa/sf] /sd;Dd dfq
o; k|s[ltsf] shf{ k|jfx ug{ ;Sg]5 . ;fy}, o;/L shf{ k|bfg ubf{ a}+s tyf ljQLo ;+:yfn]
Pp6f ;'rLs[t sDkgLsf] ;]o/sf] xsdf cfgf] k|fylds k'FhL (Core Capital) sf] a9Ldf @%
k|ltztdf ggfg] u/L dfq shf{ k|jfx ug'{ kg]{5 .
o; k|of]hgsf] nflu k|fylds k'FhL (Core Capital) eGgfn] 7Ls cl3Nnf] qodf;sf] cfGtl/s
n]vfk/LIf0f ePsf] ljQLo ljj/0fsf] cfwf/df sfod x'g cfPsf] k|fylds k'FhL ;Demg' kb{5 .
ljutdf cfgf] k|fylds k'FhL (Core Capital) eGbf a9L shf{ k|bfg u/]sf a}+s tyf ljQLo
;+:yfn] lgwf{l/t ;Ldfdf gcfP;Dd o:tf] k|s[ltsf] yk shf{ k|jfx ug{ kfOg] 5}g .
a}+s tyf ljQLo ;+:yfx?n] o:tf] shf{ k|jfx ubf{ ef}lts z]o/sf] xsdf ;Ssn k|df0fkq lwtf]
/fv]/ / cef}lts z]o/sf] xsdf k|rlnt Joj:yf adf]lhd lwtf] aGwsL ePsf] k|df0f lnP/ shf{
k|bfg ug'{ kg]{5 .
t/, a|f]s/n] hdfgt lbg] ;DaGwL k|lqmof af/]df g]kfn lwtf]kq jf]8{ / g]kfn lwtf]kq ljlgdo
ahf/ ln= n] cfjZos Joj:yf u/]sf] cfwf/df z]o/sf] ;Ssn} k|df0fkq k|fKt gePsf] cj:yfdf
klg a|f]s/sf] hdfgt / z]o/ vl/bljqmL /l;bsf cfwf/df cfjZos dflh{g sfod u/L a9Ldf
Ps jif{sf] nflu shf{ k|bfg ug{ o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g . o:tf] shf{af6
;[hgf x'g ;Sg] hf]lvd Go"gLs/0fsf] nflu Ohfhtkq k|fKt ;+:yfn] pko'Qm Joj:yf ldnfpg'
kg]{5 .
-v_ a+}s tyf ljQLo ;+:Yffx?n]] lwtf] ;'/If0f lnPsf ;]o/sf ;DaGwdf M
!= a}+s tyf ljQLo ;+:yfx?n] lwtf] ;'/If0f lnPsf Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?sf]
;]o/ ;sf/ u/L shf{ c;'nL ug{ kfOg] 5}g .
@= o; cl3 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf] ;]o/ ;sf/ u/L shf{ c;'nL u/]sf] ePdf
;sf/ ul/Psf ;]o/x? clgjfo{ ?kn] laqmL ug{' kg]{5 . ljz]if sf/0fjz laqmL x'g g;sL afFsL
/x]sf ;]o/x?sf] xsdf ;]o/ ;sf/ u/]sf] d'No a/fa/n] x'g cfpg] /sdsf] zt k|ltzt
gf]S;fgL Joj:yf ug'{ kg]{5 .
46
!&= ;+:yfks ;]o/ lwtf]aGws /fvL shf{ k|jfx ug{] ;DaGwdf

b]xfosf zt{x? k'/f u/L a}+s tyf ljQLo ;+:yfx?sf] ;+:yfks ;]o/ lwtf]aGws /fvL shf{ k|jfx ug{ ;lsg] 5 .
-s_ ;+:yfks ;]o/ lwtf] /fvL shf{ k|jfx ubf{ cfO{kg]{ hf]lvd lgoGq0f Pjd\ Joj:yfkg ug{] cfjZos
pkfox? cjnDag ug'{ kg]{5 .
-v_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf] ! k|ltzt eGbf a9L ;+:yfks ;]o/ wf/0f u/]sf
;+:yfks;+:yfks ;d'xsf ;]o/wgLxn] cfkm"n] wf/0f u/]sf] ;+:yfks ;]o/dWo] %) k|ltzt eGbf
a9L ;]o/ lwtf] /fvL shf{ lng kfpg] 5}gg\ . o;k'j{ ;f] ;LdfeGbf a9L ;]o/ lwtf] /fvL shf{ pkof]u
ul//x]sfsf] xsdf pQm shf{sf] e'QmfgL ldlt jf @)^* c;f/ d;fGtdWo] h'g klxn] x'G5, ;f]
;doleq tf]lsPsf] ;Ldfdf NofO;Sg' kg]{5 . lwtf] /f]Ssf u/L clen]v /fVg] j}+s jf ljQLo ;+:yfn]
o; Joj:yfsf] kfngf x'g] ul/dfq lwtf] /f]Ssf /fVg'kg]{5 .
-u_ ;+:yfks ;]o/sf] lwtf]df shf{ k|jfx ug]{ k|of]hgsf nflu ;'/If0f afkt /flvg] ;]o/sf] d"Nofgubf{
;fwf/0f ;]o/sf] +kl5Nnf] !*) sfo{ lbgsf] cf};t d"Nosf] a9Ldf %) k|ltzt d'No jf ;+:yfks
;]o/sf] clGtd sf/f]af/sf] d"NodWo] h'g sd x'G5 ;f]sf] cfwf/df d'No sfod ug'{ kg]{5 . o;/L sfod
ul/Psf] d"Nosf] a9Ldf ^) k|ltzt /sd;Dd dfq shf{ lbg ;lsg] 5 . Psk6s k|jfx ul/;s]sf]
o:tf] shf{sf] ;'/If0fdf /x]sf] ;]o/sf] k'g/d"Nofgu/L ;f] sf] cfwf/df yk shf{ ;Ldf sfod ug{ jf
yk shf{ k|bfg ug{ kfOg] 5}g .
t/, ahf/ d'No sd eO{ shf{ c;'/lIft ePsf] cj:yfdf yk ;'/If0fsf] Joj:yf ug'{ kg]{5 .
-3_ ;+:yfks ;]o/ lwtf]aGws /fvL shf{ k|jfx ubf{ To:tf] ;]o/nfO{ u}/ a}+ls ;DklQ (Non-Banking
Asset) df n}hfg kfO{g] 5}g / o;/L lwtf]jGws /flvPsf] ;+:yfks ;]o/ e'QmfgL cjlw gf3]sf] ^
dlxgfleq k|rlnt sfg'g / o; a}+ssf] lgb]{zgsf] clwgdf /xL laqmL u/L ;Sg' kg]{5 .
-_ ;+:yfks ;]o/ lwtf]aGws /fvL shf{ k|jfx ePsf] cj:yfdf To:tf] shf{sf] e'QmfgL cjlw ls6fg ug'{
kg]{5 / To:tf] cjlw Ps jif{ eGbf a9L x'g] 5}g .
-r_ ;+:yfks ;]o/ lwtf] aGws /fvL shf{ k|jfx ubf{ To:tf] shf{sf] k'g/;+/rgf / k'g/tflnsLs/0f ug{ kfOg]
5}g .
-5_ ;+:yfks ;]o/ lwtf]aGws /fvL shf{ k|jfx ubf{ c;n shf{ afx]s cGo cj:yfdf ztk|ltzt shf{
gf]S;fgL Joj:yf ug'{ kg]{5 .
-h_ tf]lsPsf] e'QmfgL cjlwdf shf{ r'Qmf gu/]df ;+:yfks;~rfnsnfO{ @! lbgleq clgjfo{ ?kdf
sfnf];"rL (Black Listing) df /fVg l;kmfl/z ug'{ kg]{5 . ;f] ;DaGwL Joj:Yff C0f k|jfx ubf{ g}
C0fLnfO{ shf{ ;Demf}tf (Loan deed) df pNn]v ug'{ kg]{5 .
-em_ dfly -s_ b]lv - h_ ;Dd plNnlvt Joj:yfx? a}+s tyf ljQLo ;+:yfx?n] cfgf] shf{ gLlt
ljlgoddf :ki6 ?kdf pNn]v ug'{ kg]{5 .
!*= a}+s hdfgt -Bank Guarantee_ ;DaGwdf
-s_ a}+s tyf ljQLo ;+:yfx?n] hf/L u/]sf a}s hdfgt (Bank Guarantee) afktsf] /sd Beneficiary
nfO{ e'QmfgL lbg' kg]{ cj:yfdf dfu bfjL k/]sf] ;ft lbgleq e'QmfgL lbg]glbg] ;DaGwdf 6'f]
nufO;Sg' kg]{5 . ;fy}, International Chamber of Commerce, Uniform Rules for Demand
Guarantee (URDG) cGtu{t hf/L a}+s hdfgtx?sf] xsdf eg] URDG df ePsf Joj:yfx?sf]
clwgdf /xL e'QmfgL ;DjGwL lg0f{o ug'{ kg]{5 .
-v_ o:f/L bfjL k/]sf] ;ft lbgleqdf a}+s hdfgt hf/L ug]{ ;+:yfn] Beneficiary nfO{ e'QmfgL lbg' kg]{
cj:yfdf kof{Kt cfwf/ lagf e'QmfgL gu/]df ;DalGwt a+}s tyf ljQLo ;+:Yffsf] o; a}+sdf /x]]sf]
vftf o; a}+sn] cfb]z lbPsf] a}+ssf] vftfaf6 sf u/L ;DalGwt Beneficiary nfO{ e'QmfgL ug{
;lsg] 5 .
-u_ o;/L e'QmfgLsf nflu bfjL k/]sf] hdfgt afktsf] ;Defljt bfloTjnfO{ k'FhLsf]ifsf] cg'kft u0fgf
ug]{ k|of]hgsf nflu @)) k|ltztn] hf]lvd ef/ k|bfg ug'{ kg]{5 .
47
!(= cGt/a}+s sf/f]af/;fk6LnufgL ;DaGwdf

o; a}+saf6 Ohfhtkqk|fKt ;+:yfx?n] Pscfk;df k|bfg ug]{ ;fk6LnfO{ lgoldt shf{ ;fk6 -Regular
Credit Facility_ sf] ?kdf geO{ cGt/a}+s sf/f]af/;fk6L -Interbank Transactions/Borrowings_ sf] ?kdf
dfq k|of]u ug{ kfOg]5 . cGt/a}+s ;fk6Lsf] cjlw a9Ldf & lbg;Dd dfq x'g]5 .
@)= :jLs[t ef}uf]lns sfo{If]qleq dfq shf{ k|jfx ug'{kg]{ ;DaGwdf
Ohfhtkqk|fKt ;+:yfx?n] xfo/kr]{h shf{ afx]s crn ;DklQ lwtf] /fvL shf{ k|jfx ubf{ To:tf] shf{sf]
lwtf] / kl/of]hgfJoj;fo cfgf] ef}uf]lns sfo{If]qleq x'g'kg]{5 . ef}uf]lns sfo{If]q aflx/ ePsf] To:tf]
shf{ c;'nL geP;Dd zt k|ltzt shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
@!= l6=cf/=shf{ (Trust Receipt Loan) ;DaGwdf
6i6 l/l;K6 shf{ (TR Loan), laN; l8:sfplG6 jf To:t} k|s[ltsf cfoft shf{ k|bfg ubf{ clwstd !@)
lbg;Ddsf] cjlwsf] nflu dfq shf{ k|jfx ug{ kfOg]] 5 .
@@= r]ssf] lwtf];'/If0fdf shf{ k|jfx ug{ gkfOg] ;DaGwdf
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] s'g} klg lsl;dsf] r]ssf] lwtf];'/If0fdf shf{ k|jfx ug{
kfOg] 5}g . t/, pka'Fbf -@_ sf] cj:yf afx]s k|rlnt gLltut Joj:yfsf] clwgdf /xL r]s -laN;_ vl/b
tyf l8:sfpG6 ug{ afwf k'u]sf] dflgg] 5}g .
-@_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] b]xfo adf]lhdsf r]s vl/b ug{ kfpg] 5}g .
-s_ cfgf] ;+:yfsf] ;+:yfks;~rfnssd{rf/L tyf lghx?sf] Psf3/ kl/jf/sf] ;b:osf] r]s jf
-v_ r]s vl/b ug]{ ldlteGbf kl5sf] ldlt pNn]v ePsf] -Post dated_ s'g} klg r]s .
-#_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] vl/b u/]sf] r]s vl/b u/]sf] lbg ;d]t a9Ldf tLg sfo{lbgleq
clgjfo{?kdf r]s sn]S;g jf ;dfzf]wgdf k7fpg' kg]{5 .
@#= Revolving k|s[ltsf JolQmut shf{sf] ;DaGwdf
a}+s tyf ljQLo ;+:Yffx?n] h'g;'s} lwtf] lnO{ Overdraft nufotsf Revolving k|s[ltsf JolQmut shf{x?
k|jfx ubf{ ?= ! s/f]8;Dd dfq k|jfx ug{ ;Sg] 5g\ . t/ of] lgb]{zg hf/L x'g' cl3 ;Ldf eGbf a9L k|jfx
ePsf To:tf shf{x? @)&! c;f/ d;fGt;Ddsf nflu gjLs/0f ug{ of] Joj:yfn] afwf k'ofPsf] dflgg] 5}g
. a}+s tyf ljQLo ;+:yfx?n] Revolving k|s[ltsf JolQmut shf{df k|jflxt shf{sf] ljj/0f g]=/f=a}+s lgb]{zg
kmf=g+= @=$ adf]lhdsf] 9fFrfdf tof/ u/L q}dfl;s ljj/0f o:tf] ;dofjwL ;dfKt ePsf] k}+lt; lbgleq o;
a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{kg]{5 .
t/, Ohfhtkqk|fKt ;+:yfsf] cfg} d'2ltd'2lt lgIf]k /l;b / ;'g rfFbLsf] lwtf]df shf{ k|bfg ug{, zt
k|ltzt gub dflh{gdf hdfgt hf/L ug{ tyf g]kfn ;/sf/ tyf g]kfn /fi6 a}+s C0fkqsf] lwtf]df shf{
k|bfg ug{ Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
@$= C0fLn] :yfoL n]vf gDa/ lnPsf] x'g'kg]{ ;DaGwdf
a}+s tyf ljQLo ;+:yfx?n] 5'f 5'} jf Psd'i6 u/L ?= ! s/f]8 jf ;f] eGbf a9L /sdsf] shf{ s'g}
JolQmnfO{ k|jfx ug'{ k/]df To:tf] JolQmn] clgjfo{ ?kdf :yfoL n]vf gDa/ -PAN_ lnPsf] x'g'kg]{5 . ;fy}
PsLs[t lgb]{zgsf] lgb]{zg g+ # sf] j'bf g+ ^ cg';f/ C0fL Pp6} ;d'x cGtu{t kg]{ ePdf To:tf] ;d'xn] ? !
s/f]8 jf ;f] eGbf a9L /sdsf] shf{ lnPsf] cj:yfdf pQm ;d'x cGtu{tsf] s'g} JolQmnfO{ ? ! s/f]8 eGbf
sd /sdsf] shf{ k|jfx ug'{k/]sf] cj:yfdf ;d]t clgjfo{ ?kdf :yfoL n]vf gDa/ -PAN_ lnPsf] x'g'kg]{5 .
@%= Risk taker -;~rfns, k|d'v sfo{sf/L clws[t jf Joj:yfkg txsf] kbflwsf/L_ nfO{ k|jfx x'g] shf{
;DaGwdf
-!_ Ohfhtkqk|fKt ;+:yfn] csf]{ Ohfhtkqk|fKt ;+:yfsf ;~rfns, k|d'v sfo{sf/L clws[t jf Joj:yfkg
txsf] kbflwsf/LnfO{ lzIff shf{, xfo/ kr]{h shf{, 3/ shf{ jf 3/fo;L k|of]hgsf ;fdu|L shf{ afx]s
lghx?sf] JolQmut gfddf cGo s'g} lsl;dsf shf{ k|jfx ug{ ;Sg] 5}gg\ .
t/ ;/sf/L C0fkqsf] lwtf]df jf Credit Card cGtu{t shf{ lng o; Joj:yfn] afwf k'ofPsf] dflgg]
5}g . of] lgb]{zg hf/L x'g' k'j{ lnPsf] shf{ @)&! c;f/ d;fGtleq lgoldt ug'{ u/fpg' kg]{5 .
48
@^=
@&=
@*=
@(=
#)=
#!=
#@=
-@_ Ohfhtkqk|fKt ;+:yfn] s'g}klg Ohfhtkqk|fKt ;+:yfsf sfo{sf/L k|d'v jf Joj:yfkg txsf]
kbflwsf/Lsf] clwsf+z :jfldTj /x]sf] kmd{, sDkgL jf ;+:yfdf s'g} klg lsl;dsf] shf{ k|jfx ug{ ;Sg]
5}gg\ . of] lgb]{zg hf/L x'g'k"j{ k|jfx eO{;s]sf] shf{sf] xsdf e'QmfgL cjlw ;dfKt eO{ ;s]kl5 gjLs/0f
ug{ kfOg] 5}g . o; k|of]hgsf] nflu clwsf+z :jfldTj eGgfn] %) k|ltzt eGbf a9L :jfldTj ePsf] kmd{,
sDkgL jf ;+:yf ;Demg' kb{5 .
PsfpG6k]oL r]s dfkm{t shf{ /sd lgsf;f ug'{ kg]{ ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] s'g} klg sDkgLkmd{ jf ;+ul7t ;+3;+:yfnfO{ :jLs[t shf{sf]
/sd lgsf;f ubf{ ;DalGwt a}+sljQLo ;+:yfdf g} vftf vf]nL hDdf ug'{ kg]{5 . ;f] afx]ssf] cj:yfdf
C0fL sDkgLkmd{ jf ;+ul7t ;+3;+:yfsf] gfddf PsfpG6k]oL r]s dfkm{t dfq shf{ /sd lgsf;f ug'{
kg]{5 .
kof{j/0fLo k|efjsf] ljZn]if0f u/]/ dfq shf{ k|jfx ug]{ ;DaGwdf
s'g} klg k|s[ltsf pBf]ux?df a}+s tyf ljQLo ;+:yfx?n] shf{ nufgL ug'{k'j{ clgafo{ ?kdf kof{j/0fLo
k|efjsf] ljZn]if0f u/L shf{ k|jfx ug'{kg]{5 .
e'QmfgL tflnsf ;DaGwdf
Ohfhtkqk|fKt ;+:yfx?n] k|jfx u/]sf] ls:tf c;'nL ;DaGwL sfo{tflnsf lgdf{0f ubf{ ls;fgn] pTkfbg ug]{
afnL leq\ofpg] ;do / shf{sf] ls:tf e'QmfgL ug]{ ;do aLr ;s];Dd tfnd]n ldNg] lsl;dn] To:tf] sfo{
tflnsf lgdf{0f ug'{kg]{5 .
hdfgt lbPsf] cj:yfdf hdfgLkqdf pNn]v u/]sf] /sd;Dd dfq lhDd]jf/ x'g]
hdfgt lbPsf] cj:yfdf hdfgLkqdf pNn]v u/]sf] /sdeGbf a9L /sdsf] nflu hdfgL lbg] JolQmkmd{
sDkgL;+:yfnfO{ s'g} klg cj:yfdf lhDd]jf/ gu/fpg hdfgLkq tof/ ubf{ g} hdfgL /sd, C0fsf] cjlw,
C0fsf] k|of]hg, k|d'v C0fL, ;fIfL, hdfgtstf{sf] gfd, 7]ufgf, ;f] sf] ;gfvt nufotsf ljifox? :ki6
?kdf pNn]v x'g' kg]{5 .
o'jfx?nfO{ Joj;flos s[lif shf{df k|bfg ul/g] Jofh cg'bfg ;DjGwL sfo{ljlw, @)&! -sfo{ljlw @=@ df
;+nUg_ adf]lhd k|jflxt shf{df g]kfn ;/sf/af6 k|bfg ul/Psf] cg'bfg /sd o; a}+sn] pknJw u/fpg] 5
. pQm sfo{ljlw adf]lhd shf{ k|jfx u/L g]kfn ;/sf/af6 kfpg' kg]{ Jofh cg'bfg jfktsf] /sdnfO{
kF'hLsf]if cg'kft u0fgf k|of]hgsf nflu ;/sf/ dflysf] bfjL ;/x z"Go k|ltzt hf]lvd ef/ k|bfg ug{
;lsg]5 .
lwtf] km's'jf ;DaGwdf
a}+s tyf ljQLo ;+:yfn] cfk'mn] u/]sf] shf{ nufgL adf]lhd c;'n pk/ ug'{ kg]{ ;Dk"0f{ /sd c;'n eO{
;s]kl5 ;'/If0f jfkt /flvPsf] lwtf] tTsfn k'ms'jfsf] nflu ;DalGwt sfof{nodf n]vL k7fpg' kg]{5 .
rfn'k'FhL k|s[ltsf shf{ ;DaGwL Joj:yfM
-!_ o; a}+saf6 Ohfhtkqk|fKt s, / v ju{sf ;+:yfn] k|jfx ug]{ rfn' k'FhL k|s[ltsf shf{ -cf]e/8fkm\6
shf{, rfn' k"FhL shf{, Sof; s|]8L6 shf{, l8df08 nf]g, 6i6 l/l;K6 shf{, cNksfnLg shf{ cflb / s
ju{sf ;+:yfsf] xsdf xfOkf]lys];g shf{ ;d]t_ pkof]u ug]{ u|fxsx?af6 x'g] ax'a}+ls -Multiple
Banking_ sf/f]jf/nfO{ Jojl:yt ug{ b]xfosf] Joj:yf hf/L ul/Psf] 5 M
-s_ Ohfhtkqk|fKt ;+:yfn] shf{ k|jfx jf gjLs/0f ug'{k'j{ u|fxsaf6 clgjfo{ ?kn] shf{ sf/f]af/ ;DaGwL
:j3f]if0ff -PsLs[t lgb]{zgsf] cg';"rL !(=@ adf]lhd_ lnO{ pQm :j3f]if0ff cg';f/sf] ljj/0f / shf{
;'rgf s]Gb| lnld6]8af6 k|fKt ljj/0f le8fO{ u|fxsn] lnPsf] shf{ olsg ug'{kg]{5 .
-v_ Ohfhtkqk|fKt ;+:yfn] ?=! s/f]8 jf ;f] eGbf a9L /sdsf] rfn' k'FhL k|s[ltsf shf{ k|jfx tyf
gjLs/0f ubf{ b]xfo adf]lhdsf zt{ tyf aGb]hsf] clwgdf /xL ug'{ kg]{5 .
-c_ u|fxsn] Ps eGbf al9 Ohfhtkqk|fKt ;+:yfaf6 rfn' k'FhL k|s[ltsf shf{ pkof]u ug]{u/]sf]
b]lvPdf To; lsl;dsf shf{ k|jfxgjLs/0f ug'{cl3 pQm u|fxsnfO{ shf{ k|jfx ug]{ ;+:yfx?
aLr Ps cfk;df kf/Lkf;' ;Demf}tf ug'{kg]{5 .
49
##=
#$=
#%=
#^=
To:tf] ;Demf}tfdf ;DalGwt ;+:yfn] k|jfx ug]{ shf{ /sdsf] c+z, lwtf]sf] ljj/0f tyf u|fxsn]
k|bfg ug]{ lwtf]df ;DalGwt ;+:yfsf] :jfldTjsf] c+z ;d]t v'nfpg' kg]{5 . sy+sbflrt shf{
c;'nL gePdf ckgfOg] shf{ c;'nL, lwtf] lnnfdL tyf ljjfb ;dfwfg ;DaGwL Joj:yf ;d]t
pQm ;Demf}tfdf pNn]v ug'{ kg]{5 .
-cf_ ;DalGwt ;+:yfn] u|fxsnfO{ k|jfx ug]{ shf{sf] c+z lgwf{/0f ubf{ Stock tyf Receivables nfO{
cfwf/ dfgL k|rlnt sfg'g tyf cfgf] shf{ gLltdf /x]sf] k|fjwfg adf]lhd shf{ ;Ldf sfod
ug{ ;Sg]5g .
-O_ Ohfhtkqk|fKt ;+:yfn] o; lsl;dsf] ax'a}+ls sf/f]af/ u/L shf{ pkef]u ug]{ u|fxsx?sf]
ljj/0f g]=/f=a}+s lgb]{zg kmf=g+= @=% adf]lhdsf] 9fFrfdf a}+s ;'kl/j]If0f ljefudf q}dfl;s
?kdf k]z ug'{ kg]{5 .
-u_ Ohfhtkqk|fKt ;+:yfn] ?=! s/f]8 eGbf sd /sdsf] rfn' k'FhL k|s[ltsf shf{ k|jfxgjLs/0f ug'{
cl3 ;d]t cGo Ohfhtkqk|fKt ;+:yfaf6 To:tf] shf{ lnP glnPsf] olsg u/L To:tf] shf{ lnPsf]
cj:yfdf shf{ lbg] cGo Ohfhtkqk|fKt ;+:yfaf6 clgjfo{ ?kn] No Objection Letter lnP/ dfq
shf{ k|jfxgjLs/0f ug{'kg]{5 .
-@_ a}+s tyf ljQLo ;+:yfn] rfn' k'FhL k|s[ltsf shf{ k|bfg u/]sf] cj:yfdf ;DalGwt u|fxsaf6 cfgf]
Stock tyf Receivables sf] ljj/0f sDtLdf k|To]s tLgtLg dlxgfdf k|fKt ug'{ kg]{5 . ;f] ljj/0f
k|fKt eP kl5 Ohfhtkqk|fKt ;+:yfn] u|fxssf] Stock tyf Receivables sf] lg/LIf0f u/L Stock tyf
Ageing ;lxtsf] Receivables lg/LIf0f k|ltj]bg tof/ ug'{kg]{5 / ;f] k|ltj]bg ax'a}+lssf] xsdf
kf/Lkf;'df ;dfj]z Ohfhtkqk|fKt ;+:yfx? aLr cfk;df cfbfg k|bfg ug]{ Joj:yf ldnfpg' kg]{5 .
Stock tyf Receivables lg/LIf0f ubf{ s'n shf{ ;Ldfsf] nflu cfjZos kg]{ Stock tyf Receivables
sf] d'No sd x'g uPdf Ohfhtkqk|fKt ;+:yfn] To:tf] u|fxssf] shf{ ;Ldf k'g/fjnf]sg u/L gofF shf{
;Ldf sfod ug'{ kg]{5 . k|jfx e};s]sf] /sd al9 b]lvPdf ;Ldfleq Nofpg' kg]{5 .
;fy} Stock sf] lwtf]df shf{ k|jfx ug{] ePdf C0f k'0f{ ?kdf ;'/lIft x'g] u/L lwtf]df /x]]sf] ;DklQsf]
aLdf clgjfo{ ?kn] u/fpg' kg]{5 .
-#_ Ohfhtkqk|fKt ;+:yfn] u|fxssf] shf{ ;Ldf lgwf{/0f ubf{ ut jif{sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f,
sDtLdf cfufdL # jif{;DDfsf] cg'dflgt ljQLo ljj/0f, u|fxsn] k]z u/]sf] Jofj;flos of]hgf cflbsf]
cfwf/df cfjZos rfn' k'FhL shf{sf] ;Ldf lgwf{/0f ug'{ kg]{5 .
t/ kl5Nnf] cf=j= sf] n]vfk/LIf0f ;DkGg x'g afFsL ePsf] :ki6 sf/0f ;lxt u|fxsn] To:tf] ljQLo
ljj/0f k]z x'g g;Sg] lgj]bg lbPdf Ohfhtkqk|fKt ;+:yfn] To:tf] ljQLo ljj/0f k]z ug{ dgfl;j
dflkmssf] ;do lbg ;Sg]5 .
-$_ u au{sf ljQLo ;+:yfx?n] Hypothecation tyf rfn' kF'hLdf cfwfl/t clwljsif{ nufot Revolving
k|s[ltsf s'g} klg shf{ k|jfx ug]{ kfpg] 5}gg\ .
skmL, ;'Gtnf, lrof h:tf s[lif pTkfbgd"ns Joj;fo / kz'kfng tyf b'UwhGo pTkfbgd"ns Joj;fosf
nflu ?= !) nfv;Ddsf] shf{ k|jfx ubf{ ;DefAotfsf cfwf/df kl/of]hgfs} lwtf]df shf{ k|jfx ug{ ;lsg]
5 . o; ;DaGwdf s'g} u'gf;f] ePdf ;DalGwt u|fxsn] :ki6 Joxf]/f v'nfO{ o; a}+sdf u'gf;f] ug{ ;Sg]5 .
shf{ ;fk6sf] jlu{s/0f ljj/0f k7fpg] ;DaGwdf
Ohfhtkqk|fKt ;+:yfn] cfly{s jif{sf] c;f]h, k';, r}t / c;f/ d;fGtdf shf{ jlu{s/0f u/L ;+nUg lgb]{zg
kmf=g+= @=!, @=@ / @=# cg';f/sf ljj/0fx? qodf; ;dfKt ePsf] Ps dlxgfleq o; a}+ssf] a}+s tyf
ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 .
lgb]{zg kfngf gu/]df x'g ;Sg] sf/jfxL
Ohfhtkqk|fKt ;+:yfn] of] lgb]{zg kfngf gu/]df g]kfn /fi6 a}+s P]g, @)%* sf] bkmf !)) adf]lhd
sf/jfxL x'g]5 .
vf/]hL / jrfpm
50
-@_
PsLs[t lgb]{zg, @)&! sf] shf{;fk6sf] jlu{s/0f / shf{ gf]S;fgL ;DaGwL Joj:yf O=k|f lgb]{zg g+=
@)&! af6 hf/L ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;}
ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
pka'Fbf -!_ adf]lhd vf/]h ul/Psf lgb]{zg tyf kl/kq adf]lhd eP u/]sf sfd sf/jfxL o;} lgb]{zg
51
g]=/f= a}+s lgb]{zg kmf=g+=@=!
shf{, ;fk6 tyf laN; vl/b jlu{s/0f / ;f]sf] nflu Joj:yf

- === === === === === d;fGt _
-=bz nfvdf_
shf{ tyf ;fk6
ut
qodf;
ljj/0f
:jb]zL
ljkGg ju{
ljldt
cljldt
cGo
vl/b tyf l8:sfpG6

ul/Psf laN;
ljb]zL hDdf :jb]zL ljb]zL hDdf
!=
;lqmo shf{ ;fk6

c;n shf{
;'Id lgu/fgL
@= lgliqmo shf{ ;fk6
@=! k'g/;+/rgfk'g/tflnsLs/0f
@=@ sd;n
@=# z+sf:kb
@=$ v/fa
#= s'n shf{ ;fk6 -! @_
$= shf{ gf]S;fgL Joj:yf
$=! c;n
$=@ ;'Id lgu/fgL
$=# k'g/;+/rgfk'g/tflnsLs/0f
$=$ sd;n
$=% z+sf:kb
$=^ v/fj
$=& cltl/St
$=* Psn u|fxs ;Ldf gf3]sf]
$=( JolQmut hdfgLt];|f]kIfsf] lwtf]df
k|jfx ePsf] shf{sf] nflu yk
%= ut qodf;;Ddsf] shf{ gf]S;fgL Joj:yf
%=! c;n
%=@ ;'Id lgu/fgL
%=# k'g/;+/rgfk'g/tflnsLs/0f
%=$ sd;n
%=% z+sf:kb
%=^ v/fj
%=& cltl/St
%=* Psn u|fxs ;Ldf gf3]sf]
%=( JolQmut hdfgLt];|f]kIfsf] lwtf]df
k|jfx ePsf] shf{sf] nflu yk
^= o; qodf;sf] gf]S;fgL Joj:yf lkmtf{
&= o; qodf;sf] yk shf{ gf]S;fgL Joj:yf
*= o; qodf;df yklkmtf{
(= s'n shf{ gf]S;fgL Joj:yf -%^&_
v'b shf{ -#$_
ldlt M
clws[t b:tvt
52
o;
qodf;sf]
hDdf
g]=/f= a}+s lgb]{zg kmf=g+=@=@
u|fxslkR5] jlu{s/0f ul/Psf] shf{x? tyf ;f]sf] gf]S;fgL Joj:yf ;DaGwL ljj/0f
===============;fn ==================d;fGt
zfvf
;d'x
sf]
gfd
C[0fL nufgL
sf] sf/f]af/
gfd ldlt
sf]ifdf cfwfl/t shf{
e'QmfgL
u}/ sf]ifdf
ldlt cfwfl/t ;'ljwf
-?_
shf{ :jLs[t afFsL afFsL Effvf

k|sf/ ;Ldf ;fFjf Aofh gf3]sf]
-?_
-?_ -?_ ;fFjf -?_
ljkGg s}lkmot
ju{
/sd
:jLs[t afFsL AfuL{s/0f Joj:yf ?=
;Ldf
-?_
;fFjf
-?_
shf{ Joj:yf
-?_
s'n hDdf M
ldlt
clws[tsf] gfd
b:tvt
b|i6Jo M !_
ls:tfjGbLdf k|bfg ul/Psf cfjlws shf{x? (Term Loan) sf] xsdf klxnf] ls:tfn] efvf gf3]sf] ldlt g} e'QmfgL
ldlt x'g]5 . olb s'g} shf{sf] e'QmfgL ldlt g} gePdf sf]ifdf cfwfl/t shf{ ;'ljwfdf kl/0ft ePsf] ldlt
(Booking date) nfO{ g} e'QmfgL ldlt dfGg' kg]{5 . -h:t}M Uof/]06L e'QmfgL, Forced L/C, rfn' vftf lagf lnld6
cf]e/8g ePdf cflb_ .
@_ e'QmfgL ldlt lbgdlxgf;fn (day/month/year) cg';f/ /fVg' kg]{5 .
#_ olb shf{x?nfO{ e'QmfgL ldlt eGbf leGg cfwf/df jlu{s/0f ul/Pdf, jlu{s/0f ul/Psf] sf/0f s}lkmot dxndf
pNn]v ug'{ kg]{5 . -pbfx/0fsf] nfluM C0fL sfnf];"rLdf ;dfj]z ePdf, Aoa;fo ;~rfng gePdf, shf{ b'?kof]u
ePdf cflb_ .
$_ ljkGg ju{ shf{ ;DjlGw ljj/0fx? 5'} ljj/0fsf] ?kdf s'n /sd ;lxt b]vfpg' kg]{5 .
%_ of] shf{ ljj/0fdf Ps} ;d'xsf C0fLx?sf] ljj/0f 5'lg] u/L k]z ug'{ kg]{5 .
^_ shf{ auL{s/0fdf c;n, ;'Id lgu/fgL, k'g/tflnsLs/0fk'g/;+/rgf, sd;n, z+sf:kb tyf v/fjnfO{ qmdzM !, !=!,
@, #, $ / % pNn]v ug'{ kb{5 .
&_ of] ljj/0fsf] OskL dfq k7fpg' kg]{5 . xf8{skL k7fpg'kg]{5}g .
g]=/f= a}+s lgb]{zg kmf=g+=@=#
u}/ a}+ls ;DklQsf] gf]S;fgL Joj:yf ;DaGwL ljj/0f

===============;fn ==================d;fGt
qm=;+=
C0fL jf kf6L{sf]
gfd 7]ufgf
u}/ a}+ls ;DklQ

;sf/ u/]sf] ldlt
s'n u}/ a}+ls

;DklQ /sd ?=
-!_
-@_
-#_
-$_
gf]S;fgL Joj:yf
k|ltzt /sd ?=
-%_
s'n hDdf
ldlt
clws[tsf] gfd
b:tvt
53
-^_
v'b u}/ a}+ls ;DklQ

/sd ?=
-$_-^_
g]=/f= a}+s lgb]{zg kmf=g+=@=$

Revolving k|s[ltsf JolQmut shf{sf] ljj/0f
===============;fn ==================d;fGt
-?=bznfvdf_
l;=g+=
C0fLsf] gfd shf{sf]

k|sf/
:jLs[t
;Ldf
afFsL ;fFjf
shf{ k|jfx
ldlt
shf{ e'QmfgL s}lkmo

ldlt
t
!
@
#
===
===
g]=/f=a}+s lgb]{zg kmf=g+= @=%
ax'a}+ls sf/f]af/ ug]{ u|fxsx?sf] ljj/0f

========== ;fn ================== d;fGt
-?= bznfvdf_
l;=g=
u|fxssf] gfd
shf{sf] k|sf/
s'n shf{
;Ldf ?=
54
aSof}bf shf{
/sd
kf/Lkf;'df ;xefuL
Ohfhtkqk|fKt
;+:yfx?
sfo{ljlw @=!
?U0f pBf]usf ;DaGwdf ljQLo If]qaf6 x'g;Sg]

;'ljwf ;DaGwL sfo{lalw, @)&)
!= cjwf/0ff M
pBf]u If]qsf] ljsf;n] /fli6o cfo, /f]huf/Lsf cj;/ l;h{gf, k|ltJolQm cfodf j[l4, k'FhL lgdf{0f, nufgLsf
yk cj;/sf] l;h{gf, cf}Bf]lus Jofj;flos ;+:s[ltsf] ljsfz ub}{ /fli6o pTkfbgdf j[l4sf ;fy} j}b]lzs Jofkf/df
;Gt'ng sfod u/L e'QmfgL ;Gt'ng ;sf/fTds /fVgdf cxd\ e'ldsf v]Ng] s'/f lglj{jfb 5 . pBf]ux? ?U0f x'g'[df
cfGtl/s / jfXo sf/0fx? b'j} plQs} k|efjL x'G5g\ . sdhf]/ Joj:yfkg, cj}1flgs d'No lgwf{/0f, kl/of]hgf nfut
j[l4, ;fwg / ;|f]tsf] plrt kl/rfng / ;Def/ gx'g', rfn' k'FhLsf] cefj, sd;n u'0f:t/ / cWoog cg';Gwfgsf]
sdL cflb cfGtl/s sf/0fdf x'g\ eg] cfly{s dGbL, tLj| k|lt:kwf{, :t/o'Qm sRrf kbfy{ / hgzlQmsf] cefj,
;Da4 gLltP]glgod cflbdf cl:y/tf jf ;do cg';f/ kl/jt{g x'g g;Sg' k|ljlw kl/jt{g, u|fxssf] ?lrdf
kl/jt{g, ljB't tyf OGwg cfk"lt{df sdL, C0f k|flKtdf l9nfO{, x8\tfn Pjd\ tfnfaGbL, k|fs[lts k|sf]k cflb
pBdLsf sfa' aflx/sf kl/l:ylt jfXo sf/0fdf lng ;lsG5 .
pko{'Qm ;fgf tyf 7"nf c;xh kl/l:yltsf sf/0f pBf]ux? lbgk|lt lbg ?U0f x'+b} uO{/x]sf 5g\ . o;/L
pBf]ux? ?U0f x'+bf To:tf pBf]ux?;Fu k|ToIf ?kdf ;+nUg cGo pBf]ux? ;d]t ?U0f x'g] nufot /f]huf/Lsf
cj;/x? ;d]t u'Dg] x'gfn] cfly{s, ;fdflhs tyf k|fs[lts jftfj/0fdf ;d]t k|lts'n k|efj kl//x]sf] 5 . h;sf
sf/0f ;Dk"0f{ cf}Bf]lus If]q g} lg/Gt/ vl:sFbf] cj:yfdf 5 . o;/L cfly{s ;Dj[l4sf nflu 6]jf lbg] cf}Bf]lus
If]q vl:sFb} hfFbf b]zn] 7"nf] sl7gfO{ ef]Ug' kg]{ cj:yf cfO{/x]sf] 5 . d'n'ssf] ;du| cf}Bf]lus k|j4{g / cfly{s
;Dj[l4df gsf/fTds c;/ k/L d'n'sleq nufgLsf] cg's'n jftfj/0f aGg ;s]sf] 5}g .
jt{dfg cj:yfdf ;/sf/L Pjd\ lghL If]qsf ?U0f pBf]ux?df c/af}+sf] k'FhL kmFl;/x]sf] cj:yf 5 . o;df
klg ;/sf/L Pjd\ lghL If]qaf6 ;+rflnt a}+s Pjd\ ljQLo ;+:yfaf6 shf{ pknAw u/fO{Psf]df ;fFjf, Aofh, xhf{gf
cflb p7\g g;Sg] l:yltdf k'u]sf], lwtf]af6 shf{ /fkm;fkm x'g] l:ylt gePsf] tyf d'2fdfldnf cflbsf sf/0f lwtf]
;d]t a]rlavg x'g g;s]sf] sf/0f a}+sAoa;foL b'j} ;d:ofdf /x]]sf] cj:yf 5 . pBf]u ?U0f ePsf sf/0f
pBdLJoj;foLsf cltl/Qm a}+s tyf ljQLo ;+:yfx?, /f]huf/L kfPsf >lds sd{rf/L ;d]t ?U0ftfsf] df/df k/]sf
5g\ . Psflt/ 7"nf] dfqfdf k'FhL 8'a]sf] / cfgf] hfoh]yf lwtf]df kmF:g k'u]sf] sf/0fn] pBf]ukltx?df lg/fzf
5fpg uO{ pBdzLntf u'Db} uPsf] 5 eg] csf{]lt/ a}+s ljQLo ;+:yfx?sf] jf;nftdf cg'Tkfbs ;DklQ -NonPerforming Assets) sf] ?kdf aiff}{+b]lv lhDd]jf/L ;fg]{ sfd dfq ePsf] kfOG5 .
cfGtl/s tyf afXo sf/0fx?n] ubf{ b]zdf pTkGg x'g;Sg] cfly{s dGbLsf] c;xh kl/l:yltsf] df/af6
b]zsf pBf]uwGbf / Joj;fodf kg]{ k|lts'n c;/ sd u/fpg g]kfn ;/sf/n] cf=j= @)%*.%( b]lv g} ?U0f pBf]u
;DaGwL gLlt / sfo{s|dx? NofPsf]df pQm gLltnfO{ yk 6]jf k'ofpg o; a}+sn] ;d]t ljutb]lv g} k'gs{hf{
nufot cGo gLltut Joj:yfx?df ;/nLs/0f u/L ?U0f pBf]u k'g?Tyfgdf ;xof]u k'ofpFb} cfPsf] 5 . ljutdf
?U0f pBf]u k'g?Tyfg sfo{s|d cGtu{t k'gs{hf{, shf{ k'g/tflnsLs/0f / Aofh xhf{gf 5'6 nufotsf ;'ljwfaf6
ljz]iftM xf]6]n tyf cGo s]xL pBf]ux? nfeflGjt ePsf lyP .
pko'{Qm k[i7e"lddf lghL If]qaf6 ?U0f pBf]usf] k'g?Tyfg jf k'g:yf{kgfsf] dfu p7\b} cfPsf] ;Gbe{ tyf
g]kfn ;/sf/af6 x'g;Sg] k'g?Tyfg sfo{s|dx?;Fu} b]zsf] s]Gb|Lo a}+ssf] gftfn] o; a}+saf6 ;d]t ?U0f pBf]u
k'g?Tyfg ;DaGwL sfo{s|d 3f]if0ff ug]{ ;Gbe{df o;sf k|lqmofx? :ki6 / kf/bzL{ agfpg of] sfo{lalw tof/
ul/Psf] 5 .
@= ?U0f pBf]u ;DaGwL df}h'bf gLlt tyf sfg'gL Joj:yf M
-s_ cf}Bf]lus Joj;fo P]g @)$(, sf] bkmf @%=-s_ df ?U0f pBf]u ;DaGwdf ePsf] Joj:yf M
nuftf/ % jif{b]lv 3f6fdf ;~rfng eO{ s'n pTkfbg Ifdtfsf] @) k|ltzt jf ;f] eGbf sd
pTkfbg ug]{ pBf]unfO{ g]kfn ;/sf/n] plrt b]v]df g]kfn /fhkqdf ;'rgf k|sfzg u/L ?U0f
pBf]u 3f]if0ff ug{ ;Sg]5 .
55
To:tf pBf]un] To:tf] pBf]u lj:tf/ tyf ljljlws/0f ug{sf] nflu cfoft ul/g] d]l;g/Ldf s'g}
dx;"n, z'Ns tyf s/ nfUg] 5}g .
-v_ ?U0f pBf]u k'gs{hf{ lgb]{lzsf, @)^) df ?U0f pBf]usf ;DaGwdf ePsf] kl/efiff M
Go'gtd # jif{b]lv ;~rfngdf /xL nuftf/ @ jif{b]lv gub 3f6fdf uPsf] .
nuftf/ @ jif{b]lv kf/ljGb' (Break even) df ;~rfng x'g g;s]sf] .
?=@% nfveGbf sd C0f lng] pBf]usf ;Gbe{df ljut # jif{sf] sf/f]af/ (Turn over)
qmdzM @% k|ltztsf] b/n] 36]sf] .
-u_ cf}Bf]lus gLlt, @)^& df ?U0f pBf]usf] k'g?Tyfg tyf k'glg{df{0f ;DaGwdf ePsf] Joj:yf M
?U0f pBf]usf] k'g?Tyfg tyf k'glgdf{0f ;DaGwL Joj:yfdf ;a} :t/sf ?U0f pBf]usf] klxrfg /
k'g?Tyfg tyf k'glgdf{0f ug{ sfg'gdf Joj:yf u/L ;DalGwt If]qsf ljz]if1x? /x]sf] Ps clwsf/
;DkGg / pRr:tl/o Goflos clwsf/ ;lxtsf] cfof]u u7g u/L ?U0f pBf]u ;DaGwL ;d:ofsf]
;dfwfg ul/g]5 . cfof]usf] ;+/rgf, sfd, st{Jo / clwsf/ sfg'gn] lgwf{/0f u/] adf]lhd x'g]5 .
#= ?U0f pBf]usf] nflu ul7t pRr :t/Lo sfo{bnsf] l;kmfl/z M
?U0f pBf]u k'g?Tyfg pRr:t/Lo sfo{bn, @)^* sf] k|ltj]bgsf] a'Fbf $ df ?U0f pBf]unfO{ k|bfg x'g]
;'ljwf k|fljlws ;ldltsf] cWoog, cg';Gwfg kZrft ePsf] l;kmfl/zsf] cfwf/df dfq ;DalGwt pBf]un] k|fKt ug]{
Aoxf]/f pNn]v u/]sf] tyf ?U0f pBf]unfO{ k"0f{ ?U0f pBf]u, ?U0f pBf]u Pjd\ ?U0fpGd'v pBf]u egL tLg efudf
ljefhg u/L To:tf k|s[ltsf pBf]unfO{ k|bfg ug'{kg]{ ;]jf ;'ljwfx? k|:tfj u/]sf] 5 .
$= dlGqkl/ifbsf] lg0f{oM
g]kfn ;/sf/, k|wfgdGqL tyf dlGqkl/ifb\sf] sfo{fnoaf6 ldlt @)^*.%.@# df hf/L ul/Psf] tTsfn /fxt
sfo{j|md, @)^* sf] bkmf (=@ sf] Joj:yf adf]lhd ?U0f pBf]usf] k'g?Tyfg u/L cf}Bf]lus pTkfbg j[l4, /f]huf/L
l;h{gf / cfoft k|lt:yfkg ug{sf nflu To:tf pBf]usf] klxrfg, pBf]un] ef]lu/x]sf] ;d:of / To;sf ;dfwfgsf
pkfo tyf ;/sf/n] pknAw u/fpg' kg]{ ;'ljwf / ;x'lnotsf ;DaGwdf ?U0f pBf]u k'g?Tyfg pRr:t/Lo sfo{bn,
@)^* n] cWoog u/L ldlt @)^* d+;L/df ;'emfj ;lxtsf] k|ltj]bg k]z u/] cg';f/ dlGqkl/ifb\sf] ldlt
@)^(.(.!( sf] a}7saf6 pQm k|ltj]bgnfO{ ;}4flGts tyf gLltut tj/df :jLs[t ub}{ ;f] k|ltj]bgdf plNnlvt
l;kmfl/zx?sf] sfof{Gjogsf ;DaGwdf cfjZos sfg'gL, gLltut, ;+:yfut tyf ;|f]t ;fwgsf] pknAwtf ;DaGwL
Joj:yf cGo ;Da4 lgsfox?;Fu ;dGjo u/L ldnfpg] eGg] lg0f{o sfof{Gjogdf ;3fp k'ofpg of] sfo{ljlw
;xfos x'g] o; a}+ssf] wf/0ff /x]sf] 5 .
%= ?U0f pBf]usf ;DaGwdf ljQLo If]qaf6 pknAw x'g;Sg] ;'ljwfsf af/]df g]kfn /fi6 a}+sn] b]xfosf] sfo{ljlw
tof/ u/]sf] 5 M
o;/L pko'{Qm ljBdfg P]g, sfg'g tyf cf}Bf]lus gLltsf] clwgdf /xL g]]kfn ;/sf/f/f ul7t ?U0f pBf]u
k'g?Tyfg pRr:t/Lo sfo{bnn] l;kmfl/z u/]sf] cfwf/df ;d]t g]kfn ;/sf/n] ?U0f pBf]u k'g?Tyfgsf] nflu to
u/]sf] ;+oGqsf] dfWodaf6 cWoog ljZn]if0f u/L ;d:ofdf /x]sf pBf]ux? ?U0f pBf]usf] ?kdf 3f]lift x'g;Sg]
cj:yf /x]sf] 5 . g]kfn ;/sf/n] ?U0f pBf]usf] ?kdf /fhkq dfkm{t 3f]if0ff u/]sf To:tf pBf]usf] k'g:yf{kgf tyf
pko'Qm lgsf;sf] nflu ljQLo If]qaf6 klg ;do;fk]If ;xfotf k|bfg ug'{kg]{ cfjZostf dxz'; u/L of] sfo{ljlw
tof/ u/L nfu" ul/Psf] 5 .
-s_ ljQLo If]qaf6 k|bfg ul/g] ;xof]u;'ljwf k|of]hgsf nflu ?U0f pBf]usf] jlu{s/0f
!= xfn rfn' jf aGb cj:yfdf /xL k'g:yf{kgf x'g;Sg] ?U0f pBf]u
@= k'g:yf{kgf x'gg;Sg], t/ ;Dks{df /xL ljQLo lgsfz vf]Hg rfxg] ?U0f pBf]u
of] sfo{ljlw tof/ ug]{ qmddf g]kfn /fi6 a}+sn] ldlt @)&))#@# df sfo{ljlwsf] d:of}bf j]e;fO{6df ;fj{hlgs u/L ;'emfj
;+sng u/]sf] / o; ljifodf g]kfn ;/sf/ pBf]u dGqfno-?U0f pBf]u OsfO{_, g]kfn a}+sz{ ;+3, g]kfn pBf]u jfl0fHo dxf;+3
nufotsf lgsfox?af6 k|fKt ;'emfjx?df ;d]t 5nkmn eO{ tof/ ul/Psf] 5 .
56
-v_ ljQLo If]qaf6 pknAw x'g;Sg] ;xof]u;'ljwf

!= xfn rfn' jf aGb cj:yfdf /xL k'g:yf{kgf x'g;Sg] ?U0f pBf]u
s_ ?U0f pBf]usf] Jofj;flos of]hgfnfO{ cfwf/ dfgL shf{ k'g/;+/rgf ug]{ .
v_ a}+ssf] ;fFjf tyf AofhdWo] xhf{gf AofhnfO{ ldgfxf x'g;Sg] Joj:yf u/L ;fwf/0f AofhnfO{
k'FhLs[t gu/L 5'6\6} /fvL lglZrt cjlwkl5 c;'n ug{] Joj:yf ug]{ .
t/ s'g} ?U0f pBf]u k'g/pTyfg ul/ ;~rfngdf cfpg] ljifo /fli6o cy{tGqsf] nflu dxTjk'0f{ /x]sf]
;Gbe{df shf{ nufgL ug]{ ;DalGwt a}+s jf ;xljQLos/0fn] a}+ssf] p7\g ;Sg] /sd c;'n pk/
ug{sf nflu cfjZostf / cf}lrTotfsf cfwf/df ;fwf/0f Jofh ;d]t ldgfxf u/L Joj;flos lg0f{o
ug{ o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
u_ a}+sn] ?U0f pBf]usf] nflu k'gs{hf{ lng rfx]df g]kfn /fi6 a}+sn] lgWff{/0f u/]adf]lhdsf] Aofhb/df
pknAw u/fpg] .
3_ s'g} klg a}+sn] cfgf] C0fL -?U0f pBf]u_ sf nflu k'gs{hf{sf] ;'ljwf lng grfx]df cfgf] cfwf/
b/ (Base Rate) nfO{ cfwf/ dfgL lk|ldod yk gu/L shf{ sf/f]af/nfO{ lg/Gt/tf lbg] .
_ shf{ k'g;+{/rgf ePsf] ;doaf6 a}+ssf] gofF c;'nL tflnsf lg/Gt/ @ jif{;Dd lgoldt ePdf
jlu{s/0fnfO{ lgoldt dfgL ! k|ltzt dfq shf{ gf]S;fgL Joj:yf ug{ ;Sg] Joj:yf ug]{ .
@= k'g:yf{kgf x'gg;Sg], t/ ;Dks{df /xL ljQLo lgsfz vf]Hg] ?U0f pBf]ux?sf] nflu M
o:tf pBf]ux?sf] lwtf]df /x]sf] ;DklQ ;fdfGo ?kdf lnnfdLdf hfFbf d'No sd x'g ;Sg] hf]lvdnfO{
b[li6ut u/L C0fL pBf]un] lglZrt ;doleq ;DklQ ljs|L ug{ u|fxs vf]hL Value Maximization
x'g;Sg] of]hgf a}+sdf k]z u/]df a}+s;Fusf] ;dGjodf ljs|L Joj:yfkg u/L C0f ;N6fpg lgsfz
vf]h]df a9Ldf ! jif{;Ddsf] ;do k|bfg ug]{] . o; k|of]hgsf nflu ;DalGwt C0fLn] cf}lrTotf k'i6L
x'g] sfuhft ;lxtsf] lgj]bg ;DalGwt a}+s tyf ljQLo ;+:yfdf k]z ug'{ kg]{5 .
-u_ ljQLo If]qaf6 k|fKt x'g] ;'ljwfsf] k|lqmof
!= ;DalGwt C0fLn] ljQLo If]qaf6 k|fKt ug{ ;Sg] ;'ljwfsf nflu cfjZos sfuhft ;lxtsf] lgj]bg
;DalGwt a}+s jf ljQLo ;+:yfdf k]z ug'{kg]{ .
@= k|fKt lgj]bg tyf sfuhftsf cfwf/df ;DalGwt a}+s jf ljQLo ;+:yfn] k|rlnt sfg'g tyf o;
sfo{ljwLsf] clwgdf /xL 5'6 tyf ;'ljwf k|bfg ug{ ;Sg] .
#= ;DalGwt a}+s jf ljQLo ;+:yfn] k'gs{hf{sf] ;'ljwfsf] nflu cfjZos sfuhft ;lxt o; a}+sdf lgj]bg
lbg ;Sg] .
$= k'gs{hf{sf] nflu k|fKt lgj]bg tyf sfuhftsf cfwf/df o; a}+sn] k'gs{hf{ k|bfg ug{;Sg] .
-3_ ljQLo If]qaf6 pknAw x'g;Sg] ;'ljwfsf] nflu cfjZos sfuhft
!=pBf]unfO{ ?U0f pBf]u 3f]if0ff u/]sf] g]kfn ;/sf/sf] lg0f{o -/fhkq_
@=?U0f pBf]u k'g:yf{kgf ;ldltsf] l;kmfl/zsf] cfwf/df pBf]u dGqfnosf] kq
#=pBf]u ;~rfng x'gsf] nflu k'j{zt{sf] ?kdf /x]sf cGo lgsfoaf6 x'g'kg]{ sfo{x?sf] nflu ;xdlt k|fKt
ePsf] ljj/0f .
$=?U0f pBf]u eljiodf Ps Going Concern sf] ?kdf Jofj;flos ;+:yfsf] ?kdf ;~rfng x'g;Sg]
l:ylt ;lxtsf] ;DalGwt ;fx' a}+sdf k]z ePsf] Jofj;flos of]hgf .
% ?U0f pBf]u ;~rfng x'g g;Sg] cj:yfdf /x]sf]df lgsfzsf] nflu dfly a'Fbf -@_, -#_ / -$_ sf] ;f ;f]
Aoxf]/f v'nfO{ C0fL pBf]usf] ;~rfns ;ldltn] tf]lsPsf] ;doleq ;fx' a}+s ;d]tsf] ;xdltdf lwtf]
;DklQsf] ;'ls|ljs|L u/L C0f /fkm;fkm ug]{ ;DaGwL :jM3f]if0ff .
57
sfo{ljlw @=@
g]kfn ;/sf/
cy{dGqfno
o'jfx?nfO{ Joj;flos s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL sfo{ljlw, @)&!
-ldltM @)&!!!!) sf] klxnf] ;+zf]wg ;dfj]z_
k|:tfjgfM
g]kfn ;/sf/n] cfly{s jif{ @)&!&@ sf] ah]6 jQmJosf] a'Fbf g+= &^ df a9\bf] a]/f]huf/L / u|fdL0f If]qaf6
o'jfx? knfog x'g] ;d:ofnfO{ ;Daf]wg ug{ / o'jfx?nfO{ s[lifdf cfslif{t ug{ Jofj;flos t/sf/L, kz'k+IfLkfng,
hl8j'6L, t/sf/L / kmnkm"n v]tL, b'Uw Joj;fo, dT:okfng, Rofp v]tL, hl8a'6L, s[lif e08f/0f, zLt e08f/0f,
kz' awzfnf Pj+ df;'hGo Joj;fosf nflu jfl0fHo a}+saf6 k|bfg ul/g] C0fsf] Aofhb/ ^ k|ltzt gfg] 5}g .
o;sf nflu $ k|ltzt;Dd cg'bfg lbg] Joj:yf ldnfOPsf] tyf o;sf nflu ?= ! ca{ ljlgof]hg ul/Psf] egL
pNn]v ePsf]n] ljQLo ;|f]tsf] kl/rfng ub}{ lgjf{xd'vL s[lif k|0ffnLnfO{ cfw'lgsLs/0f, ljljlws/0f /
Joj;foLs/0f u/L /fli6o cy{tGqdf ;sf/fTds of]ubfg k'ofpg pQm Joj:yf sfof{Gjog ug{ sfo{ljwL agfpg'
kg]{ ePsf]n] sfo{ljlw tof/ ul/Psf] .
g]kfn ;/sf/ -dlGqkl/ifb_ n] b]xfosf] sfo{ljlw agfO{ nfu" u/]sf] 5 .
!=
;+lIfKt gfd / k|f/DeM -!_ o; sfo{ljlwsf] gfd o'jfx?nfO{ Joj;flos s[lif shf{df k|bfg ul/g] Aofh
cg'bfg ;DaGwL sfo{ljlw, @)&! /x]sf] 5 .
-@_ of] sfo{ljlw t'?Gt k|f/De x'g]5 .
@=
kl/efiffM ljifo jf k|;n] csf]{ cy{ gnfu]df o; sfo{ljlwsf] k|of]hgsf nflu

-s_
a}+s tyf ljQLo ;+:yf eGgfn] o; sfo{ljlw cg';f/ s[lif shf{ k|jfx ug]{ a}+s tyf ljQLo ;+:yf
;Demg' kb{5 .
-v_
o'jf eGgfn] cfly{s ?kn] ;lqmo @! jif{ b]lv $% jif{;Dd pd]/ ;d"xsf k|fs[lts JoQm jf
To:tf JolQmx?jf6 ;~rflnt kmd{, sDkgL / ;+:yf ;d]tnfO{ ;Demg' kb{5 .
-v!_
;fgf Joj;foL eGgfn] a9Ldf Ps s/f]8 ?k}ofF;Dd s[lif shf{ lnO{ s[lif Joj;fo ;~rfng ug]{
JolQm jf ;+:yfnfO{ ;Demg'k5{ .
-u_
u|fdL0f If]q eGgfn] dxfgu/kflnsfsf] sfo{If]q afx]ssf If]qx?nfO{ ;Demg'kb{5 .
-3_
s[lif Joj;fo eGgfn] o; sfo{ljlwsf]] cg';'rL! df pNn]v ul/Psf If]qdf >d tyf k"FhL nufgL
u/L ul/Psf] Joj;fo ;Demg'kb{5 . ;fy} ;f] zAbn] cg';'rLdf pNn]lvt afx]s ;do ;dodf g]kfn
;/sf/n] s[lif Joj;fo egL tf]s]sf cGo Joj;fox? ;d]tnfO{ ;Demg' kb{5 .
-8=_
s[lif shf{{ eGgfn] o; sfo{ljlwsf] cg';'rL! df pNn]v ul/Psf If]qx?df s[lif Joj;fosf nflu
a}+s tyf ljQLo ;+:yfx?n] k|jfx u/]sf] shf{ ;Demg' kb{5 . ;f] zAbn] cg';'rLdf pNn]v u/]sf]
afx]s g]kfn ;/sf/n] s[lif shf{ egL tf]s]sf shf{x?nfO{ ;d]t hgfpF5 .
-r_
s[lif e08f/0f eGgfn] k|fylds s[lif pkh -t/sf/L, kmnkm"n, hl8j'6L, b'Uw kbfy{ tyf df5f_
pTkfbg u/L e08f/0f ug]{ sfo{ ;Demg' kb{5 . ;f] zAbn] :jb]zdf pTkfbg ePsf k|fylds s[lif
pkh -t/sf/L, kmnkm"n, hl8j'6L, b'Uw kbfy{ tyf df5f_ v/Lb u/L e08f/0f ug]{ sfonfO{ ;d]t
hgfpFb5 .
58
#=
s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL Joj:Yff M -!_ o'jf tyf ;fgf Joj;foLx?nfO{ s[lifdf
cfslif{t ug{ cg';"rL! df plNnlvt s[lif Joj;fosf nflu a}+s tyf ljQLo ;+:yfaf6 k|jflxt shf{df
g]kfn ;/sf/n] $ k|ltzt;Dd Aofh cg'bfg pknJw u/fpg] 5 .
-@_
o:tf] Jofh cg'bfg of] sfo{ljlw nfu' ePkl5 shf{ lng] Cl0fx?nfO{ dfq pknAw x'g]5 .
-#_
pkbkmf -!_ adf]lhdsf] s[lif Joj;fo u|fdL0f If]qdf :Yffkgf eO{ ;~rfngdf /x]sf] x'g'kg]{5 . o:tf]
shf{df a}+s tyf ljQLo ;+:yfn] C0fL s[lif Joj;foLaf6 Jofh cg'bfg jfx]s ^ k|ltzt eGbf a9L
Aofhb/ glng] u/L shf{ nufgL ug'{ kg]{5 . ;fy}, s[lif shf{df lnOg] Aofhdf cGo lgsfonfO{
lbg'kg]{ aLdf z'Ns, shf{ ;'rgf ;DaGwL z'Ns h:tf z'Ns afx]s cGo s'g} klg k|sf/sf] ;]jf z'Ns
lng kfO{g] 5}g .
-$_
Aofh cg'bfg k|fKt ug{] s[lif shf{sf] clwstd ;Ldf ;fwf/0f shf{sf] xsdf k|lt u|fxs ? Ps s/f]8
/ lzt e08f/sf] xsdf k|lt u|fxs ? tLg s/f]8;Dd x'g]5 . o:tf] shf{sf] ;fFjf jf Aofh e'QmfgL
cjwL tLg dlxgf eGbf sd x'g] 5}g .
t/ ;dGjo tyf cg'udg ;ldltn] cfjZos b]v]df kl/of]hgfsf] cf}lrTosf] cfwf/df ;f] ;LdfeGbf
jl9 /sd ;d]t shf{ k|jfx ug{ :jLs[lt lbg ;Sg]5 .
-%_
o; sfo{ljlw adf]lhd k|To]s a}+s tyf ljQLo ;+:yfnfO{ Aofh cg'bfg k|fKt x'g] u/L k|jfx ug]{ s[lif
shf{sf] z'? ;Ldf ? ! ca{ x'g]5 . pQm ;Ldf eGbf a9L shf{ nufgL ug'{k/]df ;DalGwt a}+s tyf
ljQLo ;+:yfn] g]kfn /fi6 a}+sn] cu|Ld ;xdlt lng'kg]{5 .
-^_
o; sfo{ljlw adf]lhd Aofh cg'bfg lbOg] s[lif shf{sf] e'QmfgL cjlw a9Ldf % jif{sf] x'g]5 .
C0fLn] Aofh cg'bfg kfpg] /sd jfx]s c? nfu]sf] Aofh /sd ;DalGwt a}+s tyf ljQLo ;+:yfnfO{{
e'QmfgL u/]kl5 dfq Aofh cg'bfgsf nflu of]Uo dflgg]5 .
-&_
cg';"rL! / Aofhb/ cg'bfgsf] k|ltzt k|To]s cfly{s jif{sf] z'?df ;dGjo tyf cg'udg ;ldltsf]
l;kmfl/;df cfjZostf cg';f/ g]kfn ;/sf/n] k'g/fjnf]sg ug{ ;Sg]5 .
-&s_ a}+s tyf ljQLo ;+:yfx?n] o'jf tyf ;fgf Jojo;foLx?nfO{ s[lif shf{ k|jfx ubf{ s[lif pTkfbgdf
k|of]u ul/g] hdLg lwtf] /fvL shf{ k|jfx ug{ ;Sg]5g\ . o;/L shf{ k|jfx ubf{ kl/of]hgfsf]
;DefJotfnfO{ shf{ k|jfxsf] d"Vo cfwf/sf] ?kdf lng'kg]{5 .
$=
s[lif shf{df k|bfg ul/g] Aofh cg'bfg /sdsf] e'QmfgL k|lqmofM -!_ Aofh cg'bfg :j?k k|bfg ul/g] /sd
pknAw u/fpg] k|of]hgsf] nflu g]kfn ;/sf/n] g]kfn /fi6 a}+ssf] ;DalGwt ljefuaf6 ;~rfng x'g] u/L
a+}ls sfof{nox?df s[lif shf{ Aofh cg'bfg zf]wegf{ gfdsf] Pp6f vftf vf]Ng]5 .
-@_
pkbkmf -!_ adf]lhdsf] vftfdf cy{ dGqfnon] ? %) s/f]8 clu|d ?kdf hDdf ug]{5 . pQm /sdn]
gk'u ePdf jf Aofh cg'bfg lg/Gt/ ?kdf k|bfg ug'{k/]df o;sf nflu cfjZos /sd ;do
;dodf yk hDdf ul/g]5 .
-#_
a}+s tyf ljQLo ;+:yfx?n] o; sfo{ljlw adf]lhd k|jflxt shf{sf] ;b'kof]lutf osLg u/L C0fLn]
q}dfl;s cjlwdf e'QmfgL ug'{kg]{ shf{ /sd e'QmfgL u/]sf] k|df0f ;lxt cg';"rL # df plNnlvt
9frfFdf g]kfn /fi6 a}+sdf Aofh cg'bfgsf nflu lgjb]g lbg' kg]{5 .
-$_
pkbkmf -#_ adf]lhd k|fKt lgj]bgsf cfwf/df g]kfn /fi6 a}+sn] ;DalGwt a}+s tyf ljQLo
;+:yfx?nfO{ Jofhdf lbg' kg]{ cg'bfg /sdsf] zf]wegf{ s[lif shf{ Aofh cg'bfg ;f]wegf{ vftfaf6
g]kfn /fi6 a}+ssf] sfof{nox?df /x]sf vftf dfkm{t jf ;DalGwt a}+s tyf ljQLo ;+:yfsf] dfu
cg'?k s'g} csf]{ ljQLo ;+:yfdf /x]sf] vftf dfkm{t zf]wegf{ lbOg] 5 .
-%_
pkbkmf -$_ adf]lhd ;f]wegf{ lbPsf] /sd pkbkmf -@_ adf]lhdsf] /sdn] gvfd]df g]kfn /fi6
a}+sn] rf}dfl;s ?kdf g]kfn ;/sf/jf6 k|fKt ug{] 5 .
%=
shf{ juL{s/0f tyf hf]lvd ;DaGwL Joj:Yff M -!_ o; sfo{ljlw adf]lhd cg'bfg k|fKt ug]{ shf{x?sf]
juL{s/0f g]kfn /fi6 a}+sn] a}+s tyf ljQLo ;+:yfnfO{ hf/L u/]sf] PsLs[t lgb]{zg adf]lhd x'g]5 . k|rlnt
59
sfg"g, g]kfn /fi6 a}+ssf] lgodg / lgb]{zgsf] kl/lwleq /xL o:tf] shf{sf] nufgL, cg'udg tyf c;'nL
;DaGwdf ;DalGwt a}+s tyf ljQLo ;+:yfn] :ki6 gLlt / k|lqmof agfO{ nfu' ug'{kg]{5 .
-@_
C0fLn] ;fFjf Aofh lgoldt u/]sf] cj:yfdf ;DalGwt a}+s tyf ljQLo ;+:yfn]] g]kfn ;/sf/af6
kfpg' kg]{ Aofh /sd ;d]t ;f]xL cjlwsf] Aofh cg'bfg cfDbfgLdf u0fgf ug{ ;lsg]5 . g]kfn
;/sf/af6 kfpg'kg]{ Aofh cg'bfg jfktsf] o:tf] /sdnfO{ k'FhLsf]if cg'kft u0fgf k|of]hgsf nflu
;/sf/ dflysf] bfjL ;/x z'Go k|ltzt hf]lvd ef/ k|bfg ug{ ;Sg]5g\ .
^=
s[lif Joj;fo u/L o; sfo{ljlw adf]lhd Aofh cg'bfg /sd k|fKt ug]{ C0fLn] ug'{kg]{ sfo{M
s[lif shf{df Aofh cg'bfgsf] zf]wegf{ lng] k|of]hgsf] nflu Aofh cg'bfg /sd k|fKt ug]{ C0fLn] b]xfo
adf]lhd sfd ug{'kg]{5 M
-s_
o; sfo{ljlwdf tf]lsPsf] k|lqmof adf]lhd Aofh cg'bfg ;lxtsf] s[lif shf{ lngsf] nflu cg';"rL@
adf]lhdsf] 9fFrfdf ;DalGwt a}+s tyf ljQLo ;+:yf ;dIf lgj]bg k]z ug]{ .
-v_
cfkm'n] lnPsf] shf{sf] ;f+jf Aofh /sd ;dod} e'QmfgL ug]]{, shf{ ;'/lIft ug{sf nflu a}+s tyf
ljQLo ;+:yfx?n] dfu]sf ljj/0f pknAw u/fpg] / tf]s]sf zt{x?sf] kfngf ug]{ .
-u_
h'g p2]Zosf] nflu shf{ lnPsf] xf] ;fxL p2]Zosf nflu dfq shf{ nufgL ug'{ kg]{5 . pQm shf{
;b'kof]u ePsf] gkfO{Pdf Jofh cg'bfg lbO{g] 5}g .
&=
;DalGwt jfl0fHo a}+ssf] sfd, st{Ao / clwsf/ M s[lif shf{df Aofh cg'bfgsf] zf]wegf{ lng] k|of]hgsf]
nflu ;DalGwt a}+s tyf ljQLo ;+:yfn] ug'{kg]{ sfd, st{Ao / clwsf/ b]xfoadf]lhd x'g]5M
-s_
s[lif shf{df Aofh cg'bfg /sd k|fKt ug{] u/L s[lif Joj;foLaf6 shf{sf] nflu lgj]bg lbPdf k|fKt
lgj]bg tyf ljj/0fsf cfwf/df ljZn]if0f u/L shf{sf] ;b'kof]u x'g] cfwf/df shf{ k|jfx ug]{ . shf{
k|jfx ug{ g;lsg] ePdf shf{ nufgL ug{ g;lsg] :ki6 sf/0f ;lxt s[lif Joj;foLnfO{ hfgsf/L
lbg] .
-v_
s[lif shf{df k|bfg ul/g] Aofh cg'bfg /sd k|fKt ug{sf nflu cg';"lr# df pNn]lvt lgj]bgsf]
9fFrdf C0fLn] cg'bfg kfpg] Jofh /sd afx]s c? Jofh /sd c;'n u/]sf] k|df0f ;lxt g]kfn
/fi6 a}+s;Fu zf]wegf{ dfu ug]{ .
-u_
v08 -s_ adf]lhd s[lif shf{df Aofh cg'bfg k|fKt x'g] u/L k|bfg ul/Psf] shf{ ;DaGwL dfl;s
q}dfl;s ljj/0f cg';'rL$ / cg';'rL% adf]lhd !% lbg leq g]kfn /fi6 a}+snfO{ pknAw u/fpg]
.
-3_
clgjfo{ ?kdf ;b'kof]lutf lg/LIf0f u/L ;f] sf] clen]v cBfjlws u/L /fVg] .
-_
o; cGtu{t nufgL u/]sf] shf{sf] a}+s Jofhb/ cjlwe/ a[l4 ug{ kfO{g] 5}g .
-r_
g]kfn ;/sf/ jf g]kfn /fi6 a}+saf6 cg'udg ubf{ shf{ ;b'kof]u ePsf] gkfO{Pdf Aofh cg'bfg
lbPsf] /sd a}+s tyf ljQLo ;+:yfnnfO{ ;f]wegf{ lbO{g] 5}g .
*=
g]kfn /fi6 a}+ssf] sfd, st{Ao / clwsf/M g]kfn /fi6 j}+ssf] sfd, st{Ao / clwsf/ b]xfo adf]lhd x'g]5M
-s_
a}+s tyf ljQLo ;+:yf af6 s[lif shf{df k|bfg ul/g] Aofh cg'bfg /sd k|fKt ug{sf nflu zf]wegf{
dfu eO{ cfPdf s[lif shf{ Aofh cg'bfg zf]wegf{ vftfaf6 ;DalGwt a}+s tyf ljQLo ;+:yf
a}+snfO{ zf]wegf{ /sd pknAw u/fpg] .
-v_
v08 -s_ adf]lhd a}+s tyf ljQLo ;+:yfnfO{ zf]wegf{ pknAw u/fOPsf] /sdsf] q}dfl;s ljj/0f
cy{ dGqfnonfO{ pknAw u/fpg] .
-u_
of] sfo{ljlwsf] k|efjsf/L ?kn] sfof{Gjog ug{sf nflu cfjZos lgodg, lg/LIf0f tyf ;'kl/j]If0f
ug]{ .
60
-3_
(=
shf{ lg/LIf0f ubf{ p2]Zo cg'?k ePsf] gkfO{Pdf k|rlnt sfg'g tyf g]kfn /fi6 a}+sn] hf/L u/]sf]
lgb]{zg adf]lhdsf] ;DalGwt kIfnfO{ sf/jfxL ug]{ .
;dGjo tyf cg'udg ;ldltsf] u7gM -!_ s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL
sfo{sf] ;dGjo tyf cg'udg ug{ b]xfo adf]lhdsf] Pp6f ;dGjo tyf cg'udg ;ldlt u7g x'g]5 .
-s_ 8]k'6L ueg{/ -a}+s tyf ljQLo ;+:yf lgodg ljefu x]g]{_, g]kfn /fi6 a}+s,
-v_ ;x;lrj, cy{ dGqfno,
-u_ ;x;lrj, s[lif ljsf; dGqfno,
-3_ cWoIf, g]kfn a}+sz{ Pzf]l;ozg,
-8_ sfo{sf/L lgb]{zs, g]kfn /fi6 a}+s, a}+s tyf ljQLo ;+:Yff lgodg ljefu,
;+of]hs
;b:o
;b:o
;b:o
;b:o ;lrj
!)= ;ldltsf] sfd, st{Jo / clwsf/M -!_] s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL Joj:yfsf] k|efjsf/L
?kdf sfof{Gjogsf nflu cfjZos ;dGjo tyf cg'udg ug]{ sfo{ljlwsf] sfof{Gjogdf s'g} afwf c8sfp
pTkGg ePdf afwf c8sfp km'sfpg] tyf lgb]{lzsf jf cg';"lrsf] JofVof ug]{ sfo{ ;ldltn] ug{ ;Sg]5 .
;ldltsf] a}7s sDtLdf k|To]s q}dfl;s ?kdf a:g]5 .
!)s= lhNnf :t/Lo ;dGjo tyf cg'udg ;ldltsf] Joj:yfM s[lif shf{df k|bfg ul/g] Jofh cg'bfg ;DjGwL
Joj:yfsf] k|efjsf/L ?kdf sfof{Gjogsf nflu ;dGjo tyf cg'udg ;ldltn] lhNnf :t/Lo ;dGjo tyf
cg'udg ;ldltsf] u7g ug]{5 .
!!= u'gf;f] ;DaGwL Joj:yf M o; sfo{ljlwsf] sfof{Gjogsf qmddf a}+s tyf ljQLo ;+:yfn] shf{ k|jfx gu/]sf],
s[lif Joj;foLn] ;]jf ;'ljwf gkfPsf] tyf C0fsf] ;b'kof]u gePsf] nufotsf u'gf;f] ;'Gg] tyf ;f] sf
cfwf/df cfjZos sfd sf/jfxL cuf8L a9fpg] sfo{ ;d]t ;dGjo tyf cg'udg ;ldltn] ug]{5 .
!@= ;+zf]wg tyf x]/km]/M g]kfn ;/sf/, cy{ dGqfnon] o; sfo{ljlwsf] cg';"lrdf cfjZostfcg';f/ ;+zf]wg
Pj+ x]/km]/ ug{ ;Sg]5 .
61
cg';"rL !
-bkmf # sf] pkbkmf -!_ ;F+u ;DalGwt_
g]kfn ;/sf/n] pknAw u/fpg] Aofh cg'bfgsf nflu of]Uo s[lif Joj;fox?
1= t/sf/L pTkfbg, pTkfbg, k|zf]wg tyf e08f/0f,
2= ljp ljhg pTkfbg, k|zf]wg tyf e08f/0f,
3= k'ik Joj;fo,
4= kz'k+IfLkfng,
5= kmnkm"n pTkfbg, pTkflbt kmnkm'nsf] k|zf]wg tyf e08f/0f
6= b'Uw pTkfbg, k|zf]wg / ljqmL ljt/0f
7= dT:okfng, pTkflbt df5fsf] e08f/0f tyf ljqmL ljt/0f,
8= Rofp pTkfbg, k|zf]wg tyf e08f/0f
9= kz'awzfnf Pj+ df;'hGo pTkfbg Joj;fo
10= hl8j'6L pTkfbg, k|zf]wg / e08f/0f
11= pv' v]tL, cn}rL v]tL tyf cb'jf v]tL / To;sf] e08f/0f tyf k|zf]wg
!!s= df}/L kfng
!!v= hf}, kmfk/, l;nfd /
12= g]kfn ;/sf/n] ;do;dodf yk u/]sf cGo s[lif Joj;fox?
62
cg';"rL@
-bkmf ^ sf] v08 s ;F+u ;DalGwt_
C0fLn] Aofh cg'bfg ;lxtsf] s[lif shf{sf nflu a}+sdf lbg] lgj]bgsf] 9fFrf
>L ================================ a}+s ln=

============================================= .
ljifoM Aofh cg'bfg ;lxtsf] s[lif shf{ af/] .
dxfzo,
pko'{Qm ;DaGwdf g]kfn ;/sf/n] cf=j= @)&!&@ sf] ah]6 jQmJodf 3f]if0ff u/L s[lif shf{df k|bfg ul/g] Aofh
cg'bfg ;DaGwL sfo{ljlw, @)&! adf]lhd shf{ pkef]u ug{sf nflu dnfO{d]/f] -kmd{, sDkgL, ;+:yf_ ==========nfO{
================ k|of]hgsf nflu shf{ k|bfg ul/lbg x'g of] lgjb]g k]z u/]sf] 5' . ;fy}, To; a}+sn] tf]s]sf sfuhft
tyf ljj/0f ;d]t o;} lgjb]g ;fy ;+nUg u/L k]z u/]sf 5'5f}+ .
d}n] k|rlnt sfg'g, g]kfn /fi6 a}+saf6 hf/L ul/Psf lgodg, lgb]{zg / kl/kq tyf wgL a}+saf6 tf]lsPsf
zt{x?sf] clwgdf /xL shf{sf] ;xL ;b'kof]u u/L shf{sf] ;fFjf tyf Aofh ;dod} e'QmfgL ug]{5' .
gfdM
7]ufgf M
;Dks{ 6]lnkmf]g g+=
kmd{, sDkgL, ;+:yf, pBf]u eP,
gfdM
5fkM
7]ufgfM
;Dks{ 6]lnkmf]g g+=
63
cg';"rL #
-bkmf $ sf] pkbkmf -#_ ;F+u ;DalGwt_
================================ a}+s ln=
>L g]kfn /fi6 a}+s,

a}+s tyf ljQLo ;+:yf lgodg ljefu,
====================== .
ljifoM s[lif shf{df k|bfg ul/g] Aofh cg'bfg af/] .
dxfzo,
o; a}+sn] s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL sfo{ljlw, @)&! cg'?k k|jfx u/]sf] shf{df o;};fy
;+nUg ljj/0f -cg';"rL$_ adf]lhdsf C0fLx?n] cg'bfg kfpg] afx]ssf] Aofh /sd hDdf u/]sf] / ;f] shf{sf]
;b'kof]u ub}{ cfPsf]n] pQm shf{x?df kfpg] Aofh cg'bfg jfktsf] /sd s'n ? ==============-cIf]/]kL
?=======================_ txfFsf] a}ls sfof{no l:yt o; a}+ssf] vftf g+= ========== df hDdf x'g] u/L pknAw u/fO{
lbg' x'g cg'/f]w ub{5f}+ . ;fy}, pk/f]Qm cjlwdf ;DalGwt C0fx?af6 Aofh jfkt /sd ? ==============-cIf]/]kL
?===============================_ c;'n pk/ eO;s]sf] Joxf]/f ;d]t cg'/f]w 5 . ;fy}, pko'{Qm s[lif shf{x? ;b'kof]u
ePsf] Joxf]/f ;d]t cg'/f]w 5 .
===================== a}+sljQLo ;+:yf sf] tk{maf6
b:tvtM
gfd M
kb
M
5fk M
ljefusfof{no M
64
cg';"rL $
-bkmf ^ sf] v08 u ;F+u ;DalGwt_
ldltM @)&== == ==
>Ldfg\ sfo{sf/L lgb]{zsHo",
g]kfn /fi6 a}+s,
sf7df08f}+ .
ljifo M Aofhdf cg'bfg k|bfg ul/Psf s[lif shf{sf] q}dfl;s ljj/0f .
qm=;+=
C0fLsf]
gfd
shf{
zLif{s
zf]wegf{ kfpg'kg]{ shf{sf] ljj/0f

shf{
shf{ k|jfx shf{
shf{
k|jfx
ldlt
aSof}tf e'QmfgL
ldlt
-?_
ldlt
o; cjlwdf Aofh
C0fLaf6 c;'n cg'bfg
x'g'kg]{
Aofh /sd -?_
/sd -?_
s}lkmot
dxf]bo\,
s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL sfo{ljlw, @)&! n] u/]sf] Joj:yf cg';f/ o; ;+:yfn] ljleGg
zLif{sdf k|jfx ePsf] shf{sf] q}dfl;s ljj/0f b]xfo adf]lhd /x]sf] 5 .
hDdf
zf]wegf{ kfpg'kg]{ hDdf /sd ?=================== cIf]/]kL ?==================
===================== a}+ssf] tk{maf6

b:tvtM
gfd M
kb
M
5fk M
ljefusfof{no M
65
cg';"rL %
-bkmf ^ sf] v08 u ;F+u ;DalGwt_
ldltM @)&== == ==
g]kfn /fi6 a}+s,
sf7df08f}+ .
ljifo M Aofhdf cg'bfg cGtu{t k|jfx eO{ lgoldt gePsf shf{sf] q}dfl;s ljj/0f .
dxf]bo\
o'jfx?nfO{ Joj;flos s[lif shf{df k|bfg ul/g] Aofh cg'bfg ;DaGwL sfo{ljlw, @)&! n] u/]sf] Joj:yf cg';f/
o; ;+:yfn] ljleGg zLif{sdf k|jfx eO{ lgoldt gePsf shf{sf] q}dfl;s ljj/0f b]xfo adf]lhd /x]sf] 5 .
qm=;+=
C0fLsf]
gfd
shf{
zLif{s
shf{
k|jfx
ldlt
lgoldt gePsf shf{sf] ljj/0f

shf{
shf{
o;
cjlwdf
;fFjf
e'QmfgL
C0fLaf6
c;'n
aSof}tf ldlt
x'g'kg]{ Aofh /sd
-?_
-?_
Aofh
cg'bfgsf]
cg'dflgt
/sd -?_
s}lkmot
hDdf
c;'n x'g afFsL hDdf ;fFjf Aofh /sd ?=================== cIf]/]kL ?==================
===================== a}+ssf] tk{maf6

b:tvtM
gfd M
kb
M
5fk M
ljefusfof{no M
66
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= #)&@
Psn u|fxs tyf If]qut shf{ ;fk^ / ;"ljwfsf] ;Ldf lgwf{/)f ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfaf6 Pp6} u|fxs, kmd{, sDkgL jf cfk;L ;DaGw
ePsf u|fxsx?sf] ;d'xnfO{ tyf cy{ Joj:yfsf] Ps} If]qdf k|jfx x'g] shf{sf ;DaGwdf g]kfn /fi6 a}+s P]g,
@)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!= shf{ ;fk6 tyf ;'ljwfsf] ;Ldf lgwf{/0fM
Ohfhtkqk|fKt ;+:yfn] Pp6} u|fxs, kmd{, sDkgL jf cfk;L ;DaGw ePsf u|fxsx?sf] ;d'xnfO{ sf]ifdf
cfwfl/t (Fund Based) shf{ ;fk6 / u}/sf]ifdf cfwfl/t (Non-Fund Based) ;'ljwfx? ;d]t u/L cfgf]
k|fylds k'FhLsf] a9Ldf @% k|ltzt;Ddsf] ;Ldf sfod u/L k|bfg ug{ ;Sg]5g\ .
b]zsf] pTkfbg, /f]huf/L nufotsf kIfnfO{ b[li6ut u/L lgof{t If]q, ;fgf tyf demf}nf pBf]u, cf}ifwL
pTkfbg pBf]u, s[lif If]q, ko{6g pBf]u, l;d]G6 pBf]u, kmnfd pBf]u tyf cGo pTkfbgd"ns pBf]ux?df
k|jfx x'g] shf{sf] Psn u|fxs shf{ ;Ldf clwstd #) k|ltzt sfod ul/Psf] 5 . o;/L shf{ ;fk6 tyf
;'ljwfsf] ;Ldf :jLs[t ubf{ Ohfhtkqk|fKt ;+:yfsf] nflu cfGtl/s n]vfkl/Ifsn] k|dfl0ft u/]sf] 7Ls
cl3Nnf] qodf;sf] jf;nftdf b]lvg] k|fylds k'FhLsf] cfwf/df k|ltu|fxs shf{ ;fk6 tyf ;'ljwfsf] ;Ldf
lgwf{/0f ug'{ kg]{5 .
s'g} u|fxs ;d'xdf pko{'Qm adf]lhdsf b'j} k|sf/sf ;Ldf sfod ug'{kg]{ k|s[ltsf pBf]u, Joj;fox? /x]sf]
cj:yfdf To:tf] u|fxs ;d'xnfO{ s'n shf{ ;fk6 tyf ;'ljwfsf] ;Ldf #) k|ltzt sfod ug'{kg]{5 . t/
To:tf] s'n shf{ ;fk6 tyf ;'ljwf cGtu{t #) k|ltzt shf{ ;Ldf sfod ug'{kg]{ egL dfly pNn]v ul/Psf
pBf]u afx]ssf shf{ ;fk6 tyf ;'ljwfsf] ;Ldf eg] @% k|ltzt eGbf a9L x'g] 5}g .
@= hnljB't kl/of]hgf, ljB't k|;f/0f nfOg (Transmission Line) / s]jnsf/ lgdf{0f kl/of]hgfdf shf{
k|jfx ug]{ ;DaGwdfM
-s_ Ohfhtkqk|fKt ;+:yfx?n] hnljB't kl/of]hgf, ljB't k|;f/0f nfOg -Transmission Line_ /
s]jnsf/ lgdf{0f kl/of]hgfdf sf]ifdf cfwfl/t shf{ tyf u}/ sf]ifdf cfwfl/t ;'ljwf k|fylds k'FhLsf]
a9Ldf %) k|ltzt;Dd k|jfx ug{ ;Sg] 5g\ .
t/, hnljB't kl/of]hgfsf] xsdf k|fylds k'FhLsf] @% k|ltzteGbf a9L shf{ k|jfx ug'{ kg]{ cj:yfdf
;DalGwt lgsfo;Fu clgjfo{ ?kdf ljB't vl/b ;Demf}tf (Power Purchase Agreement) ePsf] x'g'
kg]{5 .
-v_ o:tf kl/of]hgfsf] e'QmfgL tflnsf -Repayment Schedule_ tof/ ubf{ gub k|jfx tyf cGo
k|df0fsf] cfwf/df k'i6L x'g] u/L ug'{ kg]{5 .
-u_ kl/of]hgf ljZn]if0f u/L ;DalGwt a}+s tyf ljQLo ;+:yfn] to u/]sf] Moratorium Period cyjf
To:tf] kl/of]hgfjf6 ljB't pTkfbg x'g] ;dodWo] h'g ;do cufl8 x'G5 ;f]xL ldltaf6 ls:tf c;'n
ug'{ kg]{5 .
-3_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ljz'4 hnljB't kl/of]hgf, ljB't k|zf/0f nfOg
(Transmission Line) / s]jnsf/ lgdf{0f ;DaGwL kl/of]hgfx?df nufgL ubf{ dfq ljBdfg @%
k|ltztsf] Psn u|fxs shf{ ;LdfnfO{ j[l4 u/L sf]ifdf cfwfl/t shf{ tyf u}/ sf]ifdf cfwfl/t ;'ljwf
;d]t u/L hDdf k|fylds k'FhLsf] a9Ldf %) k|ltzt;Dd nufgL ;Ldf sfod ul/Psf] 5 . t/,
hnljB't kl/of]hgf, ljB't k|zf/0f nfOg (Transmission Line) / s]jnsf/ lgdf{0f ;DaGwL
67
kl/of]hgf ;DaGwL u|fxsn] u}/ hnljB'tljB't k|zf/0f nfOgs]jnsf/ kl/of]hgfdf klg nufgL ug{
rfx]df %) k|ltztsf] ;Ldf ggfg] u/L sf]ifdf cfwfl/t shf{ tyf u}/ sf]ifdf cfwfl/t ;'ljwf ;d]t
u/L a9Ldf @% k|ltzt;Dd dfq shf{;'ljwf k|jfx ug{ ;lsg] 5 .
-pbfx/0fsf] nflu, M sf]if tyf u}/ sf]ifdf cfwfl/t ;'ljwf ;d]t u/L hDdf k|fylds k'FhLsf] %)
k|ltzt ljz'4 hnljB't kl/of]hgfljB't k|;f/0f nfOgs]jnsf/ kl/of]hgfdf nufgL u/]df cGodf
nufgL ug{ kfOg] 5}g . sf]if tyf u}/ sf]ifdf cfwfl/t ;'ljwf ;d]t u/L hDdf k|fylds k'FhLsf] $)
k|ltzt dfq ljz'4 hnljB't kl/of]hgfljB't k|zf/0f nfOgs]jnsf/ kl/of]hgfdf nufgL u/]df
cGodf !) k|ltzt;Dd dfq nufgL ug{ kfOg] 5 . sf]if tyf u}/ sf]ifdf cfwfl/t ;'ljwf ;d]t u/L
hDdf k|fylds k'FhLsf] ! k|ltztb]lv @% k|ltzt dfq ljz'4 hnljB't kl/of]hgfljB't k|zf/0f
nfOgs]jnsf/ kl/of]hgfdf nufgL u/]df cGodf @% k|ltzt;Dd dfq nufgL ug{ kfOg] 5 . _
#=
sy+sbflrt, u}/ hnljB'tljB't k|zf/0f nfOg s]jnsf/ kl/of]hgfdf tf]lsPsf] ;Ldf gf3L shf{
k|jfx u/]df ;Ldf gf3]sf] /sd a/fa/sf] shf{df ztk|ltzt shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5 .
shf{ ;fk6 tyf ;'ljwfsf] ;Ldfdf 5'6
b]xfosf shf{ ;fk6 jf ;'ljwfsf] xsdf a''Fbf g+= ! df pNn]v ul/Psf] ;Ldf nfu" x'g] 5}g M
-s_ d'2ltd'2lt /l;b, g]kfn ;/sf/sf] ;'/If0fkq, g]kfn /fi6 a}+s C0fkqsf] lwtf]df / ljZj a}+s, Pl;ofnL
ljsf; a}+s tyf cGt/f{li6o ljQ lgud nufotsf g]kfn ;b:o ePsf] cGt/f{li6o ax'kIfLo
(Multilateral) ljQLo ;+:yfx? tyf cGt/f{li6o >]0fLs[t (Rated) a}+ssf] lgMzt{ hdfgtdf k|bfg
ul/g] shf{ ;fk6 tyf ;'ljwfx? .
;fy}, ;DalGwt a}+s tyf ljQLo ;+:yfaf6 cg'/f]w eO{ cfPdf o; a}+sn] hf/L u/]sf] lgb]{zgdf pNn]v
ePsf] Joj:yf ;d]t sfod /xg] u/L To:tf cGt/f{li6o ax'kIfLo ;+:yfn] hf/L ug]{ hdfgt
(Guarantee) df cfwfl/t eO{ a}+s tyf ljQLo ;+:yfx?n] k|bfg ug]{ shf{df k'FhLsf]ifsf] cg'kft u0fgf
ug]{ k|of]hgsf nflu z'Go hf]lvd ef/ (Zero Risk Weight) k|bfg ug{ ;lsg] 5 .
:ki6Ls/0fM cGt/f{li6o >]0fLs[t (Rated) a}+s eGgfn] ;+o'Qm clw/fHo a]nfotsf] n08gaf6 k|sflzt
The Banker klqsfn] k|To]s jif{ h'nfO{ dlxgfdf k|sfzg ug]{ Top Thousand World Banks sf] ;"rLdf
7Ls cl3Nnf] jif{ ;dfj]z ePsf a}+sx?nfO{ ;Demg' kg]{5 .
$=
%=
-v_ shf{;Fu ;DalGwt hf]lvdaf6 ;'/lIft x'g] kof{Kt Joj:yf u/L b]xfosf ;+:yfx?nfO{ b]xfo adf]lhdsf
j:t'x? vl/b tyf cfoft ug{ s ju{sf Ohfhtkqk|fKt ;+:yfx?af6 k|bfg ul/g] shf{ ;fk6 tyf
;'ljwfx?
qm=;+= ;+:yf
j:t'
-!_
g]kfn cfon lgud ln=
UofF; tyf k]6f]lnod kbfy{
-@_
g]kfn vfB ;+:yfg
vfBfGg
-#_
s[lif ;fdu|L sDkgL ln=
s[lif /f;folgs dn
;+o'Qm nufgLstf{ a}+s tyf ljQLo ;+:yfx?sf] Uof/]06L tyf sfp06/ Uof/]06Ldf shf{ tyf ;'ljwf k|bfg ug{]
Joj:yf
;+o'Qm nufgLdf ;~rfngdf cfPsf a}+s tyf ljQLo ;+:yfx?sf] ;+o'Qm nufgLstf{ a}+s tyf ljQLo ;+:yfx?sf]
Uof/]06L tyf sfp06/ Uof/]06Ldf shf{ tyf ;'ljwf k|bfg ug{ s'g} afwf kg]{5}g . t/, o;/L k|bfg ul/Psf] shf{df
k|ltu|fxs shf{ ;Ldfsf] Joj:yf eg] nfu" x'g]5 . To:tf ;+o'Qm nufgLstf{ a}+s tyf ljQLo ;+:yf cGt/f{li6o
>]0fLs[t (Rated) a}+s ePdf dfly a'Fbf g+ # sf] -s_ df pNn]v eP adf]lhd s} Joj:yf nfu" x'g]5 .
cfk;L ;DaGw ePsf u|fxsx?nfO{ Pp6} ;d'x dflgg] Joj:yf
shf{ ;fk6 tyf ;'ljwf ;Ldfsf] k|of]hgsf] lgldQ cfk;L ;DaGw ePsf u|fxsx?sf] ;d'xnfO{ b]xfosf cj:yfdf
Pp6} ;d'x dflgg] 5 M
-s_ s'g} sDkgLn] csf]{ sDkgLsf] kRrL; k|ltzt jf ;f]eGbf a9L ;]o/ lnPsf] eP To:tf b'j} sDkgLx?,
-v_ s'g} JolQm, sDkgLsf] ;~rfns, k|fOe]6 lnld6]8 sDkgLsf ;]o/wgL, ;fem]bf/L kmd{sf ;fem]bf/, kmd{sf
k|f]k|fO6/ tyf To:tf JolQm, ;~rfns, ;]o/wgL, ;fem]bf/ jf k|f]k|fO6/sf Psf3/df a;f]af; u/L cfPsf
68
^=
&=
jf 5'fleGg ePsf klt jf kTgL, 5f]/f, 5f]/L, wd{k'q, wd{k'qL, afa', cfdf, ;f}t]gL cfdf / cfk"mn]
kfngkf]if0f ug'{ kg]{ bfh', efO, tyf lbbL, alxgL,
-u_ v08 -v_ df plNnlvt JolQmx?n] PSn} jf ;+o'Qm?kdf csf]{ sDkgLsf] @% k|ltzt jf ;f] eGbf a9L ;]o/
lnPsf] eP To:tf sDkgLx?,
-3_ v08 -v_ df plNnlvt JolQmx?n] PSn} jf ;+o'Qm ?kdf csf]{ sDkgLsf] kRrL; k|ltzt eGbf sd ;]o/
lnPsf] eP tfklg To:tf] sDkgLsf] Joj:yfkgdf b]xfosf lsl;daf6 lgoGq0f ePsf To:tf sDkgLx?M
-!_ ;~rfns ;ldltsf] cWoIf eO{,
-@_ sDkgLsf] sfo{sf/L k|d'v eO{, jf
-#_ sDkgLsf] ;~rfnsx?dWo] @% k|ltzteGbf a9L ;~rfnsx? lgo'Qm u/L .
-_ Ps} ;d'xsf egL cfj4 /x]sf kmd{, sDkgL jf To:tf ;d'xsf ;b:ox?,
-r_ v08 -v_ adf]lhd Pp6f u|fxs jf sDkgLn] csf]{ u|fxs jf sDkgLnfO{ hdfgt lbPsf] eP To:tf
u|fxs jf sDkgLx? .
t/ /fli6o k|fyldstfk|fKt hnljB't cfof]hgfsf] xsdf s'g} u|fxsn] hdfgt lbPsf] cfwf/df dfq
cfk;L ;DaGw ePsf u|fxsx?sf] ;d'xdf gkg]{ u/L zt{x? tf]sL 5'6 lbg ;lsg] 5 . tf]lsPsf]
;dodf To:tf cfof]hgf ;DkGg gePdf o:tf] 5'6 :jtM /2 x'g]5 .
-5_ Pp6} lwtf]df PseGbf a9L JolQmx?nfO{ shf{ k|jfx u/]sf] eP To:tf JolQmx?,
-h_ kmd{, sDkgL afx]s cGo ;+:yfx?sf] xsdf ;f] ;+:yf ;~rfng, lgoGq0f jf Joj:yfkgdf k|ToIf ;+nUg
JolQm jf lghsf] Psf3/df a;f]af; u/L cfPsf jf 5'fleGg ePsf klt jf kTgL, 5f]/f, 5f]/L, wd{k'q,
wd{k'qL, afa', cfdf, ;f}t]gL cfdf / cfk"mn] kfngkf]if0f ug'{ kg]{ bfh', efO, tyf lbbL, alxgL .
cfk;L ;DaGw ePsf u|fxsx?sf] ljj/0f k7fpg' kg]{
Ohfhtkqk|fKt ;+:yfn] Pp6f u|fxs jf cfk;L ;DaGw ePsf u|fxsx?sf] clen]v cw{jflif{s ?kdf tof/
u/L Ps dlxgfleq o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu tyf ;DalGwt ;'kl/j]If0f ljefudf
k7fpg' kg]{5 .
cnu ;d'xsf] ?kdf lnOg] Joj:yf
g]kfn ;/sf/sf] k"0f{ jf krf; k|ltzt eGbf a9L :jfldTj ePsf] ;+ul7t ;+:yf jf sDkgLnfO{ 5'} -cnu_
;d'xsf] ?kdf lnOg] 5 .
*=
clws]lGb|t hf]lvd (Concentration Risk) Go'gLs/0f ug{] Joj:yf

Ohfhtkqk|fKt ;+:yfn] s'g} Pp6f u|fxs, kmd{, sDkgL jf cfk;L ;DaGw ePsf u|fxsx?sf] ;d'xnfO{ a'Fbf
g+= -!_ sf] pka'Fbf -!_ df tf]lsPsf] ;LdfeGbf a9L shf{ ;fk6 jf ;'ljwf k|bfg u/]df o; lgb]{zgsf] pNn+3g
ePsf] dflgg]5 / To:tf] cj:yfaf6 pTkGg x'g ;Sg] clws]lGb|t hf]lvd vfDgsf] nflu ;LdfeGbf a9L k|bfg
ul/Psf] shf{ ;fk6 jf ;'ljwfsf] zt k|ltzt yk shf{ gf]S;fgL Joj:yf (Loan Loss Provision) sfod
ug'{ kg]{5 .
(= 7"nf C0fLx?sf] shf{ ljj/0f k]z ug'{ kg]{M
o; a}+saf6 Ohfhtkqk|fKt s ju{sf a}+sdf /x]sf 7"nf C0fL -?= @ s/f]8 eGbf a9L shf{ pkof]u ug]{_
sf] shf{ ;DaGwL ljj/0f j]j;fO{6df pNn]v ePsf] 9fFrfdf ;dli6ut ?kdf tof/ u/L o; a}+saf6 pknAw
Web Address df q}dfl;s ?kdf qodf; ;dfKt ePsf] ldltn] ! dlxgfleq b]xfo adf]lhd x'g] u/L
Upload ug{' kg]{5 . a}+sn] Web Address cg';f/ u|fxssf] ljj/0f, 7"nf C0fLsf] ;d'xsf]] ljj/0f, sf]ifdf
cfwfl/t shf{ / u}/sf]ifdf cfwfl/t shf{ ;DaGwL ljj/0f Upload ubf{ x/]s u|fxsnfO{ ;DalGwt ;d'xdf g}
/fVg' kg]{5 .
!)= If]qut shf{ ;DaGwL Joj:yf
-!_ hf]lvd lgoGq0f ug{sf] nflu Ohfhtkqk|fKt ;+:yfn] kof{Kt cfGtl/s gLlt lgodx?sf] Joj:yf u/L
If]qut shf{ ;3gtfsf] cg'udg ug'{ kg]{5 . t/, o; a}+sn] lgb]{zg lbPdf a'Fbf g+= * adf]lhd yk
69
-@_
-#_
shf{ gf]S;fgL Joj:yf ug{' kg]{5 . cy{ Joj:yfsf ljleGg If]qx?sf] ;"rL ;+nUg lgb]{zg kmf=g+= # df
pNn]v ul/Psf] 5 .
If]qut ?kdf k|jfx ul/Psf] shf{ tyf ;'ljwfnfO{ Ohfhtkqk|fKt ;+:yfn] shf{ ;3gtf cg';f/ b]xfo
adf]lhd b'O{ txdf 5'6fP/ cg'udg, lgoGq0f tyf ;'rgf k|0ffnLsf] Joj:yf ug'{ kg]{5 M -kmf=g=+
(=# sf] 9fFrf cg';f/_
-s_ tx ! M k|fylds k'FhLsf] %) - !)) k|ltzt;Dd Pp6} If]qdf k|jflxt shf{ ;fk6 / ;'ljwf .
o:tf] shf{sf] dfkg / cg'udgsf] sfo{ljlw tyf ;'rgf k|0ffnLsf] Joj:yf Ohfhtkqk|fKt ;+:yf
cfkm}n] u/L sDtLdf q}dfl;s ?kdf cg'udg ug'{ kg]{5 .
-v_ tx @ M k|fylds k'FhLsf] zt k|ltzteGbf a9L Pp6} If]qdf k|jflxt shf{ ;fk6 / ;'ljwfsf
;DaGwdf o:tf] shf{sf] Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltaf6 ;d]t cg'df]bg u/fOPsf]
x'g' kg]{5 . Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltn] To:tf shf{x?sf] ;Ldf k|fylds k'FhLsf]
zt k|ltzt eGbf a9L sfod /fVg] jf g/fVg] eGg] ;DaGwdf jflif{s ?kdf lg0f{o ug'{ kg]{5 /
;f] lg0f{osf] hfgsf/L o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f
ljefudf k7fpg' kg]{5 .
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yf -s'g} Ps cfly{s If]qdf dfq shf{ k|jfx ug{ :jLs[lt kfPsf
ljQLo ;+:yf afx]s_ n] s'g} Ps If]qdf cfgf] s'n afFsL shf{ ;fk6sf] a9Ldf $) k|ltzt;Dd shf{
k|jfx ug{ kfOg] Joj:yf ul/Psf] 5 . o;k'j{ $) k|ltzteGbf sd ;Ldf tf]lsPsf If]qxdf eg] ;f]xL
adf]lhd x'g]5 .
-gf]6MM If]qut shf{ ;DaGwL ljj/0f g]=/f=a}+s lgb]{zg kmf=g+= #=! sf] 9fFrfdf ;DalGwt ;'kl/j]If0f
ljefudf dfl;s ?kdf dlxgf ;dfKt ePsf] ldltn] !% lbgleqdf k]z ug'{ kg]{5 . _
-$_ 3/hUuf tyf l/on :6]6 shf{ ;DaGwL Joj:yf M
-s_ 3/hUuf tyf l/on :6]6sf] ;'/If0fdf k|jfx x'g] shf{sf] /sd lwtf] ;'/If0fdf /flvPsf] 3/hUuf
tyf l/on :6]6 ;DklQsf] Fair Market Value sf] ^) k|ltzt ggfg] u/L dfq shf{ k|bfg ug'{
kg]{5 . t/, cfjf;Lo 3/ shf{ (Residential Real Estate) sf] xsdf Fair Market Value sf]
b'O{ ltxfO{;Dd shf{ k|jfx ug{ ;lsg] 5 .
-v_ cfjf;Lo 3/ shf{, Jofj;flos ejg tyf cfjf;Lo ckf6{d]06 lgdf{0f shf{, lgdf{0f ;DkGg eO{
cfo cfh{g ug{ yfn]sf] Jofkfl/s sDKn]S; shf{{ tyf cGo l/on :6]6 shf{ -hUufhdLg vl/b
tyf Knl6+u shf{ ;d]t_ u/L s'n shf{sf] @% k|ltzteGbf a9L gx'g] u/L shf{ ;Ldf tf]lsPsf]
5 . ;fy}, cGo l/on :6]6 shf{ -hUufhdLg vl/b tyf Knl6+u shf{ ;d]t_ sf] nflu k|jfx x'g]
shf{sf] ;Ldf s'n shf{sf] !) k|ltzt sfod ul/Psf] 5 . 3/hUuf tyf l/on :6]6 shf{
;DaGwdf b]xfo adf]lhd ug'{kg]{5 M
-!_ l/on :6]6 shf{ ;fk6 eGgfn] lgb]{zg g+= ( sf] lgb]{zg kmf= g+= (=# -s_ k|of]hg cg';f/sf]
shf{ ;fk6df plNnlvt k|i6Ls/0fsf] l;=g+= % sf] l/on :6]6 shf{nfO{ a'emfpg] 5 .
-@_ shf{ k|jfx ubf{ dfly plNnlvt ;Ldf gfg]u/L Ohfhtkqk|fKt ;+:yfn] pQm
k|of]hgProduct x?df k|bfg u/]sf] shf{sf] k'g/;+/rgf jf gjLs/0f ug{ kfpg] 5}gg\ .
-#_ ;du| ;Ldf sfod ug]{ l;nl;nfdf s'g} shf{ ljz]ifnfO{ e'QmfgL Dofb cufj} c;'nL ug]{ u/L
snAofs ug{ o; Joj:yfn] afWo u/fPsf] 5}g . Ohfhtkqk|fKt ;+:yfn] k|To]s shf{sf]
ls:tfjGbLsf] cfwf/df sfod /fv]sf] e'QmfgL Dofb;Dd ;f] shf{nfO{ ;f]xL ls:tf adf]lhd
shf{ c;'n ug{ ;lsg] 5 .
-$_ of] lgb]{zg k|yd k6s hf/L x'g' -ldlt @)^^)()@_ cufj} pQm k|of]hgProduct
cGtu{tsf] shf{ ;Ldf :jLs[t eO{ Ohfhtkqk|fKt ;+:yfn] shf{ k|ltatf lbO;s]sf] xsdf
;f] k|ltatf cGtu{tsf] /sd a/fj/sf] shf{ k|jfx ug{ of] lgb]{zgn] afwf k'ofPsf] dflgg]
5}g .
-%_ o; Joj:Yff cGtu{t sfod ulPsf] shf{ ;Ldf gf3]df gf3]hlt /sdsf] nflu s'n hf]lvd
efl/t ;DklQsf] u0fgf ubf{ !%) k|ltztsf] hf]lvd ef/ k|bfg ug'{ kg]{5 .
70
-%_
-^_
-^_ ax'cfjf;Lo 3/sf nflu Ps dfq a}+sn] shf{ k|jfx ug]{ eP ;f]xL a}+s / ;xljQLos/0f
cGtu{tsf] shf{ eP cu'jf a}+sdf ckf6{d]G6 vl/bstf{x?n] Down Payment jf a'ls
v'Nnf u/]kl5 hDdf u/]sf] /sd clgjfo{?kn] ;DalGwt a}+s jf cu'jf a}+sdf hDdf u/fOPsf]
x'g' kg]{5 .
JolQmut cfjf;Lo 3/ shf{ -Home Loan_ ;DaGwL Joj:yf
-!_ pka'Fbf g+= $ sf] v08 -v_ adf]lhd ;Ldf u0fgf ubf{ ?= ! -Ps_ s/f]8 jf ;f] eGbf sdsf]
JolQmut cfjf;Lo 3/ shf{nfO{ ;dfj]z ug{'kg]{5}g .
-@_ JolQmut cfjf;Lo 3/ shf{ eGgfn] a}+sljQLo ;+:yfn] u|fxssf] cfo;|f]t x]/L ;f] ;|f]tn] kof{Kt
wfGg] ls:tf sfod u/L pQm u|fxsn] cfkm}+ k|of]u ug]{ jf ef8fdf nufpg] p2]Zon] 3/ lgdf{0f,
3/ckf6{d]G6 vl/bsf] nflu k|jfx u/]sf] cfjf;Lo 3/ shf{ -Home Loan_ nfO{ dfq
a'emfpg]5 .
-#_ of] v08 adf]lhdsf] JolQmut cfjf;Lo 3/ shf{ k|jfx ubf{ a}+sljQLo ;+:yf cfkm}+n] Product
Paper tof/ u/L ;DalGwt ;+:yfsf] ;~rfns ;ldltn] :jLs[t u/] kZrft dfq o:tf] k|s[ltsf]
shf{ k|jfx ug'{ kg]{5 .
-$_ of] v08 adf]lhdsf] JolQmut cfjf;Lo 3/ shf{ Pp6f a}+sljQLo ;+:yfaf6 Pp6f kl/jf/nfO{
Pp6f;Dd dfq k|bfg ug{ ;lsg] 5 .
3/ejg lgdf{0f ;DaGwL Joj:yf M
-s_ a}+s tyf ljQLo ;+:yfx?n] gu/kflnsf If]q leqsf] 3/ejgsf] ;'/If0fdf jf 3/ejg
lgdf{0fsf] nflu shf{ k|jfx ubf{ 3/ejg lgdf{0f ;DaGwdf ;DalGwt sfof{noaf6 hf/L
dfkb08x? k'/f u/]gu/]sf] olsg u/L ;f] ;DaGWfL sfuhftx? h:t} gS;fkf;, cfjZostf
cg';f/ cGo lgsfosf] :jLs[lt, 3/ejg lgdf{0f ;DkGg k|df0fkq nufotsf sfuhftx? lng]
Joj:yf ug{' kg]{5 .
-v_ 3/ejg lgdf{0fsf] nflu shf{ k|bfg ubf{ dxfgu/kflnsf, pkdxfgu/kflnsf, gu/kflnsf /
g]kfn ;/sf/n] g]kfn /fhkqdf ;'rgf k|sfzg u/L /fli6o ejg ;+lxtf nfu" u/]sf
uf=lj=;=x?df /fli6o ejg ;+lxtf cg';/0f u/L lgdf{0f ul/g] ejgx?df shf{ k|jfx ug'{ kg]{5 .
l6Kk0fLM Pp6} If]qdf k|jflxt shf{ eGgfn] cy{Joj:yfsf] Ps} If]qsf u|fxsx?df k|jflxt shf{ ;fk6 / hdfgt,
jrgj4tf, k|lttkq h:tf ;'ljwfx? ;Demg' k5{ .
!!= vf/]hL / jrfpm

PsLs[t lgb]{zg, @)&! sf] Psn u|fxs tyf If]qut shf{ ;fk6 / ;'ljwfsf] ;Ldf lgwf{/0f ;DaGwL
Joj:yf O=k|f lgb]{zg g+= #)&! af6 hf/L ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/
d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
71
g]=/f=a}+s lgb]{zg kmf=g+= #=!

If]qut shf{
-?= bz nfvdf_
qm=
;+=
!
!=!
!=@
!=#
!=$
!=%
!=^
!=&
!=*
!=(
!=!
)
!=!
!
!=!
@
!=!
#
!=!
$
!=!
@%
#
#=!
#=@
#=#
#=$
#=%
#=^
#=&
$
$=!
$=@
$=@
=!
$=@
=@
$=@
=#
$=@
=$
$=#
$=#
=!
$=#
%=@
%=!
%=@
%=#
%=$
%=%
%=^
%=&
%=*
%=(
%=!
)
%=!
!
%=!
@%=!
#
%=!
$
%=!
%
%=!
^
^=!
^=@
^=#
&=
&=!
&=!
=!
&=!
=@
&=@
&=#
pBf]uIf]qx?
/sd ?=
s[lif / jg ;DaGwL
cGgafnL
t/sf/L afnL
lrofskmL
;'lt{
;gkf6
cGo gub] afnL
kmnkm"n tyf k'ik v]tL
zLt e08f/0f
dnvfb tyf ls6gfzs
kz'kfngkz' awzfnf
k+IfL kfng
dfx'/L kfng
cGo s[lif tyf s[lif hGo ;]jfx?
l;+rfO{
jg
df5fkfng ;DaGwL
vfgL ;DaGwL
wft' tyf wfp -kmnfd, l;;f OToflb_
sf]Onf
r'g9'f
DofUg];fO6
v/L
t]n tyf Uof; k|zf]rg (Extraction)
vfgL ;DaGwL cGo
s[lif, ag tyf k]okbfy{ pTkfbg ;DaGwL
vfB pTkfbg -Kofs ug]{, k|f];]l; ug]{_
s[lif, jg k}bfjf/ pTkfbg
lrgL
;"lt{ k|zf]wg
lr/fg tyf sfi7 pTkfbgkmlg{r/
cGo
k]o kbfy{ -ljo/, dbL/f, ;f]8f OToflb_
dlb/fhGo
dlb/f/lxt
u}/vfB j:t' pTkfbg ;DaGwL
x:tsnf
a'gfO{ (Textile) pTkfbg Pjd\ tof/L kf]zfs
sfuh tyf ;Da4 pTkfbg
5kfO tyf k|sfzg
cf}ifwL
k|zf]lwt t]n tyf sf]Onf pTkfbg
vf]6f] tyf tf/lkg
/a/sf] 6fo/
5fnf
Knfli6s
l;d]06
kTy/, df6f] tyf l;;fsf pTkfbgx?
cGo lgdf{0f ;fdu|L pTkfbg
wft' cfwf/e"t kmnfd tyf l:6n Knf06
wft' cGo KnfG6Hof;n
ljljw pTkfbg
lgdf{0f
cfjf;Lo -3/fo;L k|of]hg_
u}/ cfjf;Lo -Jofkfl/s k|of]hg_
a[xt (Heavy) lgdf{0f -/fhdfu{, k'n OToflb_
ljB't, Uof; / kfgL
phf{
hnljB't
gjLs/0fLo phf{
cGo ljB't ;]jf
UofF; tyf UofF; kfOk nfOg ;]jf
72
k|fylds k'FhLsf] k|ltzt s'n shf{ ;fk6sf]

k|ltzt
&=$
*
*=!
*=@
*=@
=!
*=@
=@
*=@
=#
*=@
=$
*=#
*=
$
*=%
*=^
*=&
*=
*
*=(
(
(=!
(=@
(=#
(=$
(=%
(=^
(=&
!)
!)=
!
!)=
@
!)=
#
!)=
$
!)=
%
!)=
^
!!
!!=
!
!!=
@
!!=
#
!!=
$
!!=
%!!=
^
!!=
&
!!=
*
!!=
(
!!=
!!
!!=
!@
!@=
!!@=
@
!@=
#
!#
!#=
!
!#=
@
!#=
#
!#=
$
!#=
%!$
!$=
!
!$=
@
!$=
#
!$=
$
!$=
%
!%
!^
kfgL
wft'sf pTkfbgx?, d]l;g/L tyf On]S6f]lgs cf}hf/ tyf h8fg
h8fg ul/Psf (Fabricated) wft'sf ;fdfgx?
d]lzg cf}hf/
s[lif hGo
d]lzg/L lgdf{0f, t]n If]q, vfgL ;DaGwL
d]lzg/L clkm; Pjd\ sDKo'l6 (Computing)
d]lzg/L cGo ;a}
ljB'tLo pks/0f
3/fo;L pks/0f Pjd\ cGo vKg] ;fdfg
;+rf/ pks/0f
On]S6f]lgs kf6{k"hf{
lrlsT;f ;DaGwL pks/0f
h]g]/]6/x?
3 (Turbines)
oftfoft , e08f/ / ;+rf/
df]6/uf8L, kf6{k"hf tyf ;xfos ;fdu|Lx?
h]6af]6hn oftfoft
jfo'ofg tyf jfo'ofgsf] kf6{k"hf{
oftfoft ;DaGwL cGo pTkfbgx?
/]ndfu{ tyf ;8s ofqL cf];f/k;f/sf ;fwgx?
6s ;]jf tyf uf]bfd Joj:yf
cGo ;a} ;]jf
yf]s tyf v'b|f ljq]mtf
yf]s Jofkf/ vKg] ;fdfg
yf]s Jofkf/ gvKg] ;fdfg
Automotive Dealer/franchise
cGo v'b|f Jofkf/

cfoft Jofkf/
lgof{t Jofkf/
ljQ, aLdf tyf crn ;DklQ
s ju{sf Ohfhtkqk|fKt ;+:yfx?
v ju{sf Ohfhtkqk|fKt ;+:yfx?
u ju{sf Ohfhtkqk|fKt ;+:yfx?
3 ju{sf Ohfhtkqk|fKt ;+:yfx?
art tyf C0f ;xsf/L ;+:yfx?
k]G;g sf]if tyf aLdf ;+:yfx?
cGo ljQLo ;+:yf
u}/ ljQLo ;/sf/L ;+:yfg
lghL u}/ ljQLo ;+:yfgx?
cGo nufgL ;+:yfx?
crn ;DklQ (Real Estate)
ko{6g ;]jf
6]ls, 6fen Ph]G;L, kj{tf/f]x0f, l/;f]6{, /fl6, SoflDk cflb
xf]6n -cGo ;]jf ;d]t_
dgf]/+hg, l/lqmP;g, rnlrq
cGo ;]jfx?
lj1fkg ;]jf
Automotive ;]jf
cGo ;a} ;]jf sDkgLx?
c:ktfn, lSnlgs OToflb
lzIff ;]jf
pkef]Uo shf{
;'g, rfFbL
d'2ltd'2lt /l;b
;'/If0f kq
q]ml86 sf8{
xfo/ kr]{h -JolQmut pkof]u shf{_
:yfgLo ;/sf/
cGo
hDdf
gf]6 M pko'{Qmfg';f/ plNnlvt zLif{sx?dWo] Ohfhtkqk|fKt ;+:Yffn] cfkm"n] ug{ kfpg] ljQLo sf/f]af/x?;Fu ;DalGwt
zLif{sx? dfq k|of]udf Nofpg' kg]{5 .
ldlt
clws[t b:tvt
73
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= $)&@
n]vf gLlt tyf ljQLo laj/)fx?sf] (frf ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfx?n] kfngf ug'{ kg]{ n]vfgLlt tyf

ljQLo ljj/0fx?sf] 9fFrf ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf]
lgb]{zg hf/L ul/Psf] 5 .
-!_ ljQLo ljj/0f ;DaGwL dfu{bz{g
Ohfhtkqk|fKt ;+:yfx?n] b]xfo adf]lhdsf] dfu{bz{gleq /xL ljQLo ljj/0fx? tof/ ug'{ kg]{5 .
s= cfly{s jif{sf] kl/efiff
Ohfhtkqk|fKt ;+:yfx?n] ;fpg ! ut]b]lv c;f/ d;fGt;Ddsf] cjlwnfO{ cfly{s jif{sf] ?kdf dfGg'
kg]{5 . t/ ;+:yfkgf ePsf] jif{sf] nflu ;+:yfkgf ePsf] ldltb]lv c;f/ d;fGt;Ddsf] cjlwnfO{
cfly{s jif{ dfGg' kg]{5 .
v= g]kfn /fi6 a}+sn] tf]s]sf] 9fFrfnfO{ j}wflgs 9fFrf (Statutory Form) sf] ?kdf lng' kg]{
Ohfhtkqk|fKt ;+:yfx?n] cfgf] jf;nft / gfkmfgf]S;fg lx;fj, gub k|jfx ljj/0f / cGo cg';"rL
tyf ljj/0fx? o; a}+sn] tf]lslbPsf] 9fFrf / tl/sf cg';f/ tof/ ug'{ kg]{5 . o;k|sf/ tof/ ul/Psf]
ljj/0f ;fntdfd ePsf] % -kfFr_ dlxgfleq n]vfk/LIf0f ;DkGg u/fpg' kg]{5 .
u= k|rlnt n]vf dfkb08sf] cg'z/0f ug'{ kg]{
ljQLo ljj/0fx? o; a}+ssf] lgb]{zgdf tf]lsPs]f cj:Yffdf afx]s g]kfn n]vf dfkb08 (NAS) cg';f/
tof/ ug'{ kg]{5 . g]kfn n]vf dfkb08n] ;dfj]z gu/]sf If]qx?df cGt/{fli6o n]vf dfkb08
(IAS/IFRS) nfO{ cfwf/sf] ?kdf lng' kg]{5 .
3= ljQLo ljj/0fx? k|sfzg ug'{ kg]{
Ohfhtkqk|fKt ;+:yfx?n] sfg'gL Joj:yf / tf]lsPsf] cjlwleq n]vfk/LIf0f ;DkGg eO;s]kl5 ;+nUg
9fFrf adf]lhdsf] jf;nft, gfkmfgf]S;fg lx;fj / gub k|jfx ljj/0fsf ;fy} oL ljQLo ljj/0fx?;Fu
;DalGwt ;a} cg';"rLx? tyf ljj/0fx? jflif{s k|ltj]bg k'l:tsfdf k|sflzt ug{' kg{]5 . ;fy},
;j{;fwf/0fsf] hfgsf/Lsf] nflu jf;nft, gfkmfgf]S;fg lx;fj, gub k|jfx ljj/0f / o; lgb]{zgsf]
k'FhLsf]if tflnsf -cg';"rL g+=$=#)$=#)-s!__ / k|d'v ;"rsfF -cg';"rL g+= $=#!_ cg';f/sf] ljj/0f
/fli6o:t/sf ;+:yfsf] xsdf /fli6o:t/ / If]qLo:t/sf ;+:yfsf] xsdf If]qLo jf lhNnf:t/sf
klqsfdf clgjfo{?kdf k|sflzt ug'{ kg]{5 . ;fy}, ;Dk"0f{ jflif{s k|ltj]bgnfO{ cfgf] j]j;fO6df
cBfjlws ug'{ kg]{5 .
o; a}+ssf] lgb]{zg adf]lhd o; a}+ssf] ljleGg ljefu tyf sfof{nox?df k]z ug'{ kg]{ ljleGg tYof
kmf/fdx? tyf k|sfzg ug'{ kg]{ u/L tf]lsPsf ljj/0f ;DaGwL cGo s'g} klg lgb]{zgnfO{ o; lgb]{zgn]
afwf k'ofPsf] dflgg] 5}g .
-1_ a}+s tyf ljQLo ;+:yfx?n] ;Dk"0f{ zfvfx?sf] ;d]t sf/f]af/ ;dfj]z u/L jf:tljs PsLs[t
ljQLo ljj/0f nufot k|d"v ljQLo kl/;'rsx? -Major Financial Indicators_ sf] ljj/0f x/]s
qodf;sf] dlxgf Joltt ePsf] ldltn] #% lbgleq s"g} Ps /fli6o:t/sf] b}lgs klqsfdf
74
-@_
clgjfo{ ?kdf k|sflzt u/L ;f] sf] Ps k|lt a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt
;'kl/j]If0f ljefunfO{ ;d]t pknAw u/fpg" kg]{5 . -;+nUg g]=/f=a}+s cg';"rL 4=c_
-2_ a}+s tyf ljQLo ;+:yfx?n] q}dfl;s ljQLo ljj/0f k|sfzg ubf{ clgjfo{ ?kdf cfGtl/s
n]vfkl/Ifsaf6 k|dfl0ft u/fP/ dfq k|sfzg ug{' kg]{5 .
-3_ x/]s cfly{s jif{sf] cGTodf ;DalGwt ;+:yfsf] ckl/is[t ljQLo ljj/0f / n]vfk/LIf0f ePsf]
ljQLo ljj/0faLr b]lvPsf] cGt/ ;DaGwdf sf/0f v"nfO{ tflnsfs} ?kdf ;+:yfsf] aflif{s
k|ltj]bgsf] cnUu} kfgfdf ;+nUg g]=/f=a}+s cg';"rL $#% sf] 9fFrfdf k|sflzt ug{' kg{]5 .
-4_ a}+s tyf ljQLo ;+:yfx?n] ljQLo ljj/0f k|sflzt ubf{ pQm cjlwsf] sd{rf/L af]g;, cfos/
Joj:yf nufotsf ;Dk"0f{ vr{x?nfO{ ;dfj]z u/]/ dfq k|sflzt ug"{ kg{]5 .
-5_ a}+s tyf ljQLo ;+:yfx?n] ;j{;fwf/0fsf] hfgsf/Lsf] nflu ckl/is[t ljQLo ljj/0f k|sfzg
ubf{ ;'kl/j]If0f ug]{ lgsfo tyf afx\o n]vfkl/Ifsn] yk36 ug{ lgb]{zg lbPdf kl/is[t
ljQLo ljj/0fdf km/s kg{ ;Sg]5 eGg] Joxf]/fsf] km"6gf]6 /fvL k|sfzg ug{' kg]{5 .
-6_ P]g, gLlt, lgod tyf lgb{]zgdf :ki6 ul/Psf laifodf ;d]t a}+s Joj:yfkgn] ;dod}
;dfof]hg gu/L ljQLo ljj/0fdf km/s k/]sf] cj:yfdf ;DalGwt ;+:yfnfO{ cfjZos sf/afxL
ul/g]5 .
= cfGtl/s k|of]hgsf] lgldQ n]vf /fVg]
o; lgb]{zgn] ;DalGwt Ohfhtkqk|fKt ;+:yfx?sf] cfGtl/s k|of]hgsf] lgldQ tof/ ul/g] cGo n]vf
ljj/0fx?nfO{ afwf k'ofPsf] dflgg] 5}g .
r= g]kfn /fi6 a}+sn] tf]s]sf] 9fFrf / zLif{sdf s'g} kl/jt{g ug{ gkfOg]
jf;nft tyf gfkmfgf]S;fg lx;fjsf] ;fy} cg';"rLx?df tf]lsPsf] s'g} zLif{s cGtu{t /sd g/x]sf]
eP tfklg ;f] zLif{s sfod} /fvL o; a}+sn] tf]s]sf] 9fFrfdf s'g} kl/jt{g ug{ kfOg] 5}g . t/,
cg';"rLx?df pNn]v ePsf] cGo zLif{sleq /xg] u/L cfjZostfg';f/ c? zLif{sx? ;dfj]z ug{
;lsg]5 .
5= ljQLo ljj/0fx? k]z ug'{ kg]{
Ohfhtkqk|fKt ;Dk"0f{ a}+s tyf ljQLo ;+:yfx?n] cfgf] jflif{s lx;fasf] cfwf/df tof/ kf/]sf]
ljQLo ljj/0f afXo n]vfkl/Ifsaf6 k|f/lDes n]vfk/LIf0f sfo{ ;dfKt ePkl5 pQm k|f/lDes
k|ltj]bg, ;f] k|ltj]bg pk/ Joj:yfkgsf] hjfkm tyf ;f]sf cfwf/df tof/ kfl/Psf] ljQLo ljj/0fx?
-jf;nft, gfkmf gf]S;fg lx;fa, gub k|jfx ljj/0f tyf o; a}+ssf] lgb]{zg cg';f/sf ;Dk"0f{
cg';"rLx?, shf{ gf]S;fgL Joj:yfsf] ljj/0f ;d]t_ ;DalGwt ;'kl/j]If0f ljefudf :jLs[ltsf nflu
k]z ug'{ kg]{5 . o; a}+saf6 pQm ljj/0fsf cfwf/df u}/:ynut ;'kl/j]If0f u/L s'g} ;+zf]wg ug'{ kg]{
b]lvPdf ;f]sf] ;dfof]hg cfly{s jif{sf] ljQLo ljj/0fdf ;dfj]z ug'{ kg]{ ul/Psf] 5 . o;/L
;dfof]lht ljQLo ljj/0fx?, n]vfkl/Ifssf] clGtd k|ltj]bg tyf n+ukmd{ cl86 l/kf]6{ (Long Form
Audit Report, LFAR) tf]lsPsf] cjlwleq n]vfk/LIf0f ;DkGg u/fO{ !% lbgleqdf o; a}+ssf] a}+s
tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefux?df k]z ug'{ kg]{5 .
Ohfhtkqk|fKt ;+:yfn] jflif{s ;fwf/0f ;efdf :jLs[ltsf] nflu k]z ug]{ k|of]hgfy{ tof/ u/]sf] jflif{s
lx;fa (Annual Accounts) o; a}+ssf] ;DalGwt ;'kl/j]If0fsf] ;xdlt lnP/ dfq ;fj{hlgs ug'{
kg]{5 .
k|d'v n]vf gLltx?
Ohfhtkqk|fKt ;+:yfx?n] ckgfpg' kg]{ n]vf gLltx?sf] ;DaGwdf b]xfo adf]lhd Joj:yf ul/Psf] 5 M
s= n]vf gLlt k|sflzt ug'{ kg]{
Ohfhtkqk|fKt ;+:yfsf] n]vf gLlt ;fdfGo n]vf l;4fGt / a}+ls Joj;fodf k|rlnt n]vf gLlt tyf
g]kfn n]vf dfkb08 (NAS) tyf cGt/f{li6o dfkb08nfO{ ;d]t cfwf/ dfgL tof/ ul/Psf] x'g' kg]{5 .
ljQLo ljj/0fx? tof/ ug]{ l;nl;nfdf Joj:yfkgn] ckgfPsf k|d'v n]vf gLltx?nfO{ cg';"rL $=#@
df ;dfj]z u/L jflif{s k|ltj]bgdf k|sflzt ug'{ kg]{5 .
75
v=
n]vf gLlt cGtu{t v'nfpg tf]lsPsf zLif{sx?sf] ;+lIfKt JofVof

!= x|f;sf gLlt
Ohfhtkqk|fKt ;+:yfn] ;fdfGotM :jLsfo{ n]vf l;4fGt (Generally Accepted Accounting
Principles) adf]lhdsf] s'g} klg x|f;sf gLlt ckgfpg ;Sg]5 . t/, h'g gLlt ckgfOPsf] xf],
To;af/] n]vf gLltdf :ki6 hfgsf/L lbg' kg]{5 . k|rlnt sfg'gsf] clwgdf /xL x|f;sf b/
sfod ug]{ clwsf/ ;DalGwt ;+:yfsf] Joj:yfkgdf /xg]5 .
@= cfos/ Joj:yf gLlt
gfkmfgf]S;fg lx;fjdf n]lvPsf] vr{x?dWo] s'g} s'g} vr{ /sdx? cfos/ P]g tyf lgodfjnL
cg';f/ cf+lzs jf k'/} ?kdf 5'6 gkfpg] x'g;Sg], ;fy} s'g} cfodf cfos/ 5'6 lbOPsf] x'g
;Sg] cflb sf/0fn] ubf{ gfkmfgf]S;fg lx;fjn] b]vfPsf] v'b d'gfkmf / s/ of]Uo d'gfkmf
(Taxable Profit) df km/s kg{ ;Sb5 . t;y{, cfos/ d"Nofgd"Nofgsf] nflu Ohfhtkqk|fKt
;+:yfn] v'b d'gfkmfdf cfos/ P]g / ;f] P]g cGtu{t ag]sf] lgodfjnL adf]lhd vr{, cfDbfgLdf
cfjZos yk36 u/L cnUu} s/ of]Uo cfDbfgL lgwf{/0f ug'{ kg]{5 . ;f]xL cg';f/ x'g] /sdsf]
cfos/ Joj:yf ug]{ gLlt lnO{ n]vf gLlt cGtu{t hfgsf/L lbg' kg]{5 .
#= nufgL ;DaGwL gLlt
Ohfhtkqk|fKt ;+:yfn] Jofkfl/s nufgL (Held For Trade), laqmLsf] nflu pknAw nufgL
(Available for Sale) tyf e'QmfgL ldlt;Dd wf/0f ug]{ nufgL (Held to Maturity) u/L ltg
efudf 5'ofpg' kg]{5 . ;f] cg';f/ 5'f5'} zLif{sdf nufgLnfO{ b]vfpg' kg]{5 .
-s_ Jofkfl/s nufgL (Held for Trading): cNksfndf d"Nodf x'g] kl/jt{gaf6 gfkmf cfh{g
ug]{ p2]Zon] ul/Psf nufgL tyf nufgL kf]6{kmf]lnof]df /x]sf Ps} k|s[ltsf ;DklQdf
ePsf] nufgL o; ju{df kb{5g\ . o:tf nufgLnfO{ ahf/b/ cg'?k b}lgs?kdf
d"Nofgug]{ (Marked to Market on Daily Basis) / d"Nodf x'g] leGgtfnfO{
gfkmfgf]S;fg lx;fj vftfdf b]vfpg' kg]{5 . o; ;DaGwL ljj/0f ;+nUg g]=/f=a}+=lgb]{zg
kmf=g+= $=!@=! sf] 9fFrfdf tof/ ug'{ kg]{5 .
a}+s tyf ljQLo ;+:yfx?n] ug{] nufgL dWo] Trading Book Activities df x'g] nufgL a9\b}
uPsf] / o;n] ;+:yfsf] nufgLdf lglxt hf]lvd a9fpg] b]lvPsf]n] ;DalGwt ;+:yfn]
To:tf sfo{x?af6 x'g ;Sg] hf]lvdsf] Go"gLs/0fsf nflu cfjZos pkfox? cjnDag
u/]/ dfq nufgL ug'{kg]{ 5 . ;fy}, a}+s tyf ljQLo ;+:yfn] Jofkfl/s nufgLdf (Held for
Trading) cfgf] k|fylds k'FhLsf] Ps k|ltzt;Dd dfq nufgL ug{ ;Sg]5g\ . of] lgb]{zg
hf/L x'g' cl3 k|fylds k'FhLsf] Ps k|ltzt eGbf a9L x'g] u/L nufgL u/]sf] eP To:tf]
nufgLnfO{ @)&@ c;f/ d;fGt;Dddf lgwf{l/t ;Ldfleq NofO{ ;Sg' kg]{5 .
-v_ e'QmfgL ldlt;Dd wf/0f ug]{ nufgL (Held to Maturity): e'QmfgL ldlt;Dd wf/0f ug{]
;sf/fTds dg;fo (Positive Intent) / e'QmfgL ldlt;Dd wf/0f ug{ ;Sg] Ifdtf
(Ability to Hold till Maturity) eO{ ul/Psf] nufgL o; ju{df kb{5 . b]xfosf cj:yfdf
wf/0f ug]{ ;sf/fTds dg;fo ePsf] dflgg] 5}g .
!= c3f]lift ;do (Undefined Period) ;Dd wf/0f ug]{ dg;fo / Ifdtf ePdf .
@= gbf]xf]l/g] / cgk]lIft (Non-recurring and Unanticipated) cj:yfdf afx]s ahf/
Aofhb/ kl/jt{g jf hf]lvd, t/ntfsf] cfjZostf, a}slNks nufgLdf k|fKt x'g]
cfo (Yield), ljQLo ;|f]t / zt{ jf ljb]zL d'b|f hf]lvddf x'g] kl/jt{gsf] sf/0fn]
;DklQ laqmL ug{ ;+:yf tTk/ ePdf .
e'QmfgL ldlt;Dd wf/0f ug]{ nufgL (Held to Maturity) nfO{ ckn]lvt nfut
(Amortised Cost) df d"Nofgug'{ kb{5 . k/n d'No (Cost Price) af6 Iflt
(Impairments) 36fP/ ckn]lvt nfut u0fgf ug'{ k5{ . IfltnfO{ ;DalGwt cjlwsf]
gfkmfgf]S;fg lx;fj vftfdf ;dfj]z ug'{ kg]{5 . o; ;DaGwL ljj/0f ;+nUg
g]=/f=a}+=lgb]{zg kmf=g+= $=!@=@ sf] 9fFrfdf tof/ ug'{ kg]{5 .
76
&
-u_ laqmLsf] nflu pknAw nufgL (Available for Sale): Jofkfl/s nufgL (Held for Trading)
/ e'QmfgL ldlt;Dd wf/0f ug]{ nufgL (Held to Maturity) cGtu{t gkg]{ ;Dk"0f{
nufgLnfO{ o; ju{df /fVg] . o:tf nufgLnfO{ ahf/b/ cg'?k lgoldt ?kdf d"Nofg
(Marked to Market on Regular Basis) u/L leGgtfnfO{ hu]8f (Reserves) dfkm{t
;dfof]hg (Adjust) ug'{ kb{5 . ;+:yfx?n] laqmLsf] nflu pknAw nufgL kf]6{kmf]lnof]
(Available for Sale Portfolio) sf] @ ;Ddsf] /sd k'/s k'FhL (Supplementary or Tier
2 Capital) df u0fgf x'g] nufgL ;dfof]hg sf]if (Investment Adjustment Reserve) v8f
u/L /fVg' kg]{5 . o; ;DaGwL ljj/0f ;+nUg g]=/f=a}+=lgb]{zg kmf=g+= $=!@=# sf] 9fFrfdf
tof/ ug'{ kg]{5 .
t/ O=k|f= lgb]{zg g+= * cGtu{tsf] Joj:yfn] 5'6 lbPsf ;+:yfx?sf] ;]o/df ul/Psf]
nufgLsf xsdf dfly pNn]v eP cg';f/sf] @ ;Ddsf] /sdn] u0fgf x'g] /sd nufgL
;dfof]hg sf]if v8f u/L /fVg' kg]{ ljBdfg Joj:yfdf 5'6 k|bfg ul/Psf] 5 .
lwtf]kq ljlgdo ahf/df ;'rLs[t gePsf / ;lqmo ahf/ (Active Market) gePsf Jofkfl/s
nufgL (Held for Trading) tyf laqmLsf] nflu pknAw nufgL (Available for Sale) x?sf] xsdf
nfut d'No (Cost Price) df n]vfg u/L O=k|f=lgb]{zg g+= * adf]lhd nufgL ;dfof]hg sf]ifsf]
Joj:yf u/L ;f] afktsf] v'b nufgL jf;nftdf k|:t't ug'{ kg]{5 . ;fy}, af]g; ;]o/ k|fKt ePdf
;]o/ ;+Vof dfq yk ug'{ kg]{5, o;nfO{ cfDbfgL hgfpg kfOg] 5}g .
;6xL 36a9 ;dfof]hg gLlt
ljb]zL d'b|f;Fu ;DalGwt ;DklQ, bfloTj tyf ;6xL 36a9 cfDbfgL tyf vr{x?sf] n]vfg ug]{
tl/sfnfO{ Ohfhtkqk|fKt ;+:yfsf] n]vf gLlt cGtu{t v'nfpg' kg]{5 . ljb]zL d'b|f sf/f]af/af6
x'g] cfDbfgLdWo] vl/b laqmLaf6 x'g] gfkmfgf]S;fg (Trading Profit/Loss) / ljb]zL d'b|fsf]
k'g/d"Nofgd"Nofgaf6 x'g] gfkmfgf]S;fg (Revaluation Gain/Loss) sf] :ki6 b]lvg] u/L
5'f5'} n]vf /fVg' kg]{5 . Ohfhtkqk|fKt ;+:yfn] ljb]zL ljlgdo b/df x'g] kl/jt{gsf] cfwf/df
sDtLdf k|To]s d;fGtdf ;6xL 36a9 lx;fj nfO{ ;dfof]hg ug'{ kg]{5 / k|To]s ;fntdfddf
;dfof]lht v'b k'g/d"Nofggfkmfgf]S;fgsf] olsg ug'{ kg]{5 . ;fntdfddf
k'g/d"Nofggf]S;fg ePdf gfkmf gf]S;fg lx;fjdf vr{ hgfpg' kg]{5 . olb ;dfof]lht v'b
k'g/d"Nofg/sd gfkmf ePdf ;f]nfO{ gfkmf gf]S;fg lx;fjdf cfDbfgL hgfO{ pQm gfkmfsf]
sDtLdf @% k|ltzt /sd gfkmfgf]S;fg afF8kmfF8 lx;fj dfkm{t\ ;6xL 36a9 sf]if lx;fjdf
ljlgof]lht ug'{ kg]{5 .
u}/ a}+ls ;DklQsf] n]vfg gLlt
Ohfhtkqk|fKt ;+:yfn] s'g} shf{ c;'nL gePdf ;'/If0fdf /x]sf] lwtf] a]rlavg u/L afFsL ;fFjf
/ Aofh p7fpg ;Sg]5 . ;+:yfn] shf{ c;'n ug]{ l;nl;nfdf lwtf] lnnfdL ubf{ lnnfd laqmL
gePdf cfkm}n] ;sf/ ug{' kg]{]5 . ;sf/ ubf{ lwtf]sf] k|rlnt ahf/ d'No jf lwtf] ;sf/ ug{
cl3Nnf] lbg ;Ddsf] ;Dk"0f{ n]gf /sd dWo] h'g sd x'G5 ;f]xL d"Nodf d"Nofg ug'{ kg]{5 .
olb lwtf]sf] ahf/ d'No shf{sf] n]gf /sd eGbf sd ePdf sd ePhlt /sd ;f]xL cfly{s
jif{df gfkmfgf]S;fg lx;fjdf vr{ n]vL ;f]xL Joxf]/f n]vf gLltdf pNn]v ug'{ kg]{5 .
t/, o;/L d"Nofg ubf{ To:tf] u}/ a}+ls ;DklQ jfktsf] sd ;Dk"0f{ ?kdf lx;fj ldnfg
geP;Dd n]gf /sddWo]sf] Aofh /sdnfO{ gfkmfgf]S;fg lx;fadf cfDbfgL hgfpg kfOg] 5}g
/ To:tf] /sdnfO{ u}/ a}+ls ;DklQ jfktsf] gf]S;fgL Joj:yfdf ;fg'{ kg]{5 .
k'FhLs[t gul/g] ;DklQx? ;DaGwL n]vfg gLlt
Ohfhtkqk|fKt ;+:yfsf] Joj:yfkgn] s'g} lglZrt df]n;Dd kg]{ pks/0f, ;fdfgx? k'FhLs[t
gug]{ gLlt lnPsf] 5 eg] ;f] s'/f n]vf gLlt cGtu{t ;dfj]z ug'{ kg]{5 .
cfDbfgLvr{ n]vfg ug]{ gLlt
Ohfhtkqk|fKt ;+:yfn] s'g} klg cfovr{nfO{ ;fdfGotof k|f]befjL cfwf/ (Accrual Basis) df
cfovr{ hgfpg'kg]{5 . t/ shf{;fk6sf] Aofh cfDbfgL hgfpg] ;DaGwdf gub k|fKtLsf]
cfwf/df dfq hgfpg] Joj:yf ug'{ kg]{5 . o;/L Ohfhtkqk|fKt ;+:yfn] cfDbfgLvr{ hgfpg]
;DaGwdf lnPsf] gLltnfO{ cfgf] n]vf gLltdf :ki6 v'nfpg' kg]{5 .
77
-#_
;fy}, pko{'Qm Joj:yf adf]lhd kl/of]hgf shf{ sf] u|]; -Moratorium_ cjlw df kfs]sf]
AofhnfO{ k'FhLs/0f u/L cfDbfgL hgfpg kfOg] 5}g . t/, /fli6o k|fyldstf k|fKt If]qdf nufgL
ul/Psf] shf{sf] xsdf o; a}+ssf] k'j{ :jLs[tL lnO{ k'FhLs/0f u/L cfDbfgL hgfpg afwf k'u]sf]
dflgg] 5}g .
* ;Defljt shf{ gf]S;fgL Joj:yf tyf c;'nL x'g g;Sg] shf{x?sf] ckn]vg gLlt
Ohfhtkqk|fKt ;+:yfx?n] o; a}+ssf] lgb]{zg cg';f/ ;Defljt shf{ gf]S;fgL Joj:yf sfod
/fVg'kg]{] x'Fbf ;f]xL Joxf]/f n]vf gLltdf v'nfpg' kg]{5 . ;fy} c;'n x'g g;Sg] shf{x?sf] o;
a}+sn] lbPsf] lgb]{zgsf] clwgdf /xL ckn]vg ug]{ / Ohfhtkqk|fKt ;+:yff/f clVtof/ u/]sf]
gLlt ;d]t n]vf gLlt cGtu{t v'nfpg' kg]{5 . Ohfhtkqk|fKt ;+:yfn] shf{ ckn]vg
ljlgodsf] cfwf/df /xL ckn]vg gLlt th'{df ug'{ kg]{5 .
( shf{sf] ;fFjf tyf Aofh c;'n ug]{ Joj:yf
Ohfhtkqk|fKt ;+:yfx?n] ;DalGwt C0fLaf6 /sd c;'npk/ ubf{ To:tf] c;'n /sd dWo]af6
;j{k|yd c;'n pk/ ug'{kg]{ Aofh /sd ;Dk"0f{ ?kdf c;'npk/ ePkl5sf] cj:yfdf dfq afFsL
/sd ;fFjfdf cfjZos lx;fj ldnfg ug{ ;Sg]5 .
t/, k'g/;+/rgf / k'g/tflnsLs/0f ul/Psf v/fj shf{x?sf] ;Gbe{df pko{'Qm Joj:yf nfu" ug{
clgjfo{ x'g] 5}g .
!) cGo gLltx?
pko'{Qm k|d'v n]vf gLltx? afx]s jf;nft / gfkmfgf]S;fg lx;fjnfO{ a'em\g / ljZn]if0f ug{
;3fp k'Ug]u/L cGo s'g} n]vf gLltsf] hfgsf/L lbg cfjZos b]lvPdf ;f] Joxf]/f ;d]t n]vf
gLltdf pNn]v ug'{ kg]{5 .
n]vf ;DaGwL l6Kk0fLx?
o; cGtu{t sDtLdf lgDg ljifox? ;dfj]z u/L cg';"rL $=## df jflif{s n]vf ljj/0fx?;Fu k|sflzt ug'{
kg]{5 .
!= jif{el/df k|jfx ePsf] shf{ ;fk6, c;'nL ePsf] / ldgfxf ul/Psf] ;fFjf tyf Aofhsf] ljj/0f .
@= lgIf]k bfloTj cGtu{t k|To]s zLif{sdf jif{el/df kl/jt{g -k|fKtL, e'QmfgL tyf jfFsL_ ePsf] /sd .
#= lgIf]k / shf{sf] efl/t cf}ift Aofh b/sf] cGt/ (Weighted Average Interest Rate Spread) .
$= ckn]vg x'g afFsL vr{sf] ljj/0f .
%= Ohfhtkqk|fKt ;+:yfsf] ;DklQ / bfloTj;Fu ;DalGwt sf/f]af/ / jf;nft aflx/sf] sf/f]af/ s'g} Ps
JolQm kmd{, sDkgL jf ;+ul7t ;+:yf tyf s'g} Ps If]qdf tf]lsPsf] ;LdfeGbf a9L clws]lGb|t ePsf]
ljj/0f .
^= t/ntf ;DaGwL hf]lvd Go'gLs/0f ug{ Ohfhtkqk|fKt ;+:yfn] cfgf] bfloTj tyf ;DklQnfO{ e'QmfgL
cjlw (Maturity Period) sf] cfwf/df ljleGg ;do cGt/fndf jlu{s/0f ug'{ kg]{ ;DaGwdf o; a}+sn]
lbPsf] lgb]{zg cg'?k ;DklQ / bfloTjsf] jlu{s/0f ul/Psf] ljj/0f .
&= Ohfhtkqk|fKt ;+:yfn] ;'/If0fsf ?kdf cfgf] ;DklQ lwtf] /fvL /sd lnPsf] 5 eg] ;f]sf] ljj/0f
.
(= u}/ a}ls ;DklQ ;DalGw ljj/0f -ut jif{sf], o; jif{ :jLsf/laqmL / v'b jfFsL /sd_ .
!)= r'Qmf k'FhLdWo] clu|d e'QmfgL k|fKt (Paid in Advance), e'QmfgL k|fKt x'g afFsL (Calls in Arrears) /
hkmt ul/Psf t/ k'gM lgisfzg gul/;s]sf (Forfeited But Not issued) ;]o/x? /x]sf] 5 eg] o;
;DaGwL ljj/0f .
!!= lnhxf]N8 ;DklQdf ut jif{;Dd / o; jif{ ckn]vg (Amortization) ul/Psf] /sdsf] ljj/0f .
!@= ljQLo ljj/0fx?nfO{ a'g / ljZn]if0f ug{ ;3fp k'Ug] hfgsf/L lbg cfjZos b]lvPsf cGo ljj/0f .
!#= Ohfhtkqk|fKt ;+:yfsf] Ph]G;L df}Hbft cGtu{t cjlw cg';f/sf] -! jif{, !# jif{, # jif{eGbf a9L_
lx;fa ldnfg x'g afFsL /sdsf] ljj/0f .
78
-$_ jf;nftsf zLif{sx?sf] ;+lIfKt JofVof

k'FhL tyf bfloTjtk{m
!= ;]o/ k'FhL
o; zLif{sdf Ohfhtkqk|fKt ;+:yfsf] r'Qmf ;]o/ k'FhL pNn]v x'g' kg]{5 . ;l~rt d'gfkmf jf hu]8f
/sdaf6 af]g; ;]o/ hf/L ePdf o;/L hf/L u/L ;]o/ k'FhLdf hDdf u/]sf] /sdnfO{ ;d]t cg';"rL
$=! df pNn]v (Disclose) ug'{ kg]{5 . ;]o/ k'FhL;Fu ;DalGwt ljj/0f cg';"rL $=! adf]lhd x'g' kg]{5
/ ;f]xL cg';"rLsf] qmd ;+Vof !=^ sf] s'n /sd jf;nftsf] o; zLif{sdf hgfpg' kg]{5 .
@= hu]8f tyf sf]ifx?
Ohfhtkqk|fKt ;+:yfn] hu]8f sfod ug]{ l;nl;nfdf gfkmfaf6 afF8kmfF8 e} cfPsf jf cGo s'g}
k|lqmofaf6 ;[hgf ePsf tyf gfkmfgf]S;fg lx;fjdf afF8kmfF8 gu/L ;+ro u/L /flvPsf] /sdx?nfO{ o;
zLif{s -cg';"rL $=@_ df hgfpg' kg]{5 . o; zLif{sdf ;fdfGotM gfkmfgf]S;fg afF8kmfF8 lx;fjdf vr{
hgfO{ hDdf ug'{ kg]{ / oL hu]8f k|of]u ubf{ ;DalGwt hu]8f tyf sf]if lx;fjdf vr{ hgfpg' kg]{5 .
-s_ ;fwf/0fj}wflgs hu]8f sf]if
;fwf/0f hu]8f sf]if eg]sf] j}wflgs hu]8f sf]if (Statutory Reserve) xf] . o; cGtu{t a}+s tyf
ljQLo ;+:yf ;DaGwL P]g cg';f/ v'b d'gfkmf ljlgof]hgaf6 ;fl/Psf] /sd ;dfj]z ug{' kg]{5 .
;fwf/0fj}wflgs hu]8f sf]ifdf /x]sf] /sdaf6 s'g} klg k|sf/sf] nfef+z -gub jf af]g; ;]o/_
ljt/0f ug{ kfOg] 5}g . pQm sf]ifdf /x]sf] /sd k|of]u ug{ o; a}+ssf] :jLs[lt lng' kg]{5 .
-v_ k'FhLut hu]8f sf]if
k'FhLut hu]8f sf]if cGt{ut b]xfosf zLif{sx? /xg] 5g\ .
-c_ ;]o/ lk|ldod
Ohfhtkqk|fKt ;+:yfn] cfgf] ;]o/ hf/L ubf{ ;]o/sf] c+lst d'No eGbf a9L b/n] hf/L
u/]sf] /x]5 eg] pQm a9L /sd hlt o; lx;fjdf hDdf ug'{ kg]{5 . o; lx;fjdf /xg]
/sd gub nfef+z ljt/0f k|of]hgsf] nflu of]Uo dflgg] 5}g .
-cf_ k'FhLut hu]8f
o; cGtu{t lgDg /sdx? /fVg' kg]{5 .
r'Qmf gePsf] ;]o/sf] afFsL /sd dfu ubf{ e'QmfgL gu/]sf] sf/0fn] pQm ;]o/nfO{
hkmt u/L k|fKt x'g cfPsf] /sd .
kF'hLut cg'bfg jfkt k|fKt x'g cfPsf] lhG;L tyf gub /sd .
-O_ ;DklQ k'gd"{Nofg hu]8f (Assets Revaluation Reserve)
sDkgLn] ;DklQsf] k'g/d"Nofg u/L ;[hgf x'g cfPsf] hu]8fnfO{ o; cGtu{t /fVg'
kg]{5 .
-O{_ cGo k'FhLut hu]8f
-u_ nfef+z ;dLs/0f sf]]if
nfef+zdf Ps?ktf sfod ug{] p2]Zon] gfkmf ePsf] cj:yfdf gfkmfaf6 o; vftfdf hDdf
ug{;lsGf] 5 . To:tf] cj:yfdf ;~rfns ;ldltsf] k|:tfj / ;fwf/0f ;efsf] cg'df]bgdf o;
vftf vr{ u/L nfef+z lbg ;lsg] 5 .
-3_ ;l~rt gfkmfgf]S;fg
o; cGtu{t gfkmfgf]S;fg afF8kmfF8 lx;fjdf b]lvPsf] ;l~rt gfkmf jf ;l~rt gf]S;fgnfO{
b]vfpg' kg]{5 . ;l~rt gf]S;fgnfO{ C0ffTds lrGx lbO{ jf sf]i7 -===_ leq b]vfpg' kg]{5 .
-_ k'FhL ;dfof]hg sf]if
Ohfhtkq k|fKt ;+:yfsf] r'Qmf k'FhL j[l4 ug]{ k|of]hgsf] nflu ;[hgf ul/Psf jf cGo sf]ifaf6
o:tf] k|of]hgfy{ /sdfGt/ ul/Psf /sdnfO{ o; zLif{s cGtu{t /fVg' kg]{5 . k'FhL lkmtf{ hu]8f
79
#=
$=
%=
^=
&=
*=
(=
sf]ifdf afFsL /x]sf] /sd ;d]t o; sf]ifdf /sdfGt/ ug'{kg]{5 . o; sf]ifdf /x]sf] /sd k'FhL
j[l4 ug{ af]g; z]o/ hf/L ug]{ k|of]hg afx]s cGo s'g} k|of]hgsf nflu /sdfGt/ ug{ kfOg] 5}g
.
-r_ cGo hu]8f sf]if
s'g} vf; p2]Zo lnP/ jf glnO{sg cGo s'g} hu]8f sf]if -dfly plNnlvt afx]s_ v8f u/]df
zLif{s vf]nL o; cGtu{t /fVg' kg]{5 .
C0fkq tyf jG8
Ohfhtkqk|fKt ;+:yfn] C0fkq tyf aG8 hf/L u/L k'FhL p7fPsf] ePdf pQm /sdnfO{ o; zLif{s
cGtu{t cg';"rL $=# cGtu{t ;DalGwt pks/0fsf] gfd v'nfO{ pNn]v ug'{ kg]{5 . jf;nftsf] o;
zLif{sdf hgfOg] /sd cg';"rL $=# sf] s'n /sd;Fu a/fa/ x'g' kg]{5 .
ltg{ afFsL shf{ -;fk6L_
Ohfhtkqk|fKt ;+:yf cfkm"n] shf{ ;fk6 lnO{ ltg{ afFsL /x]sf] s'n /sdnfO{ o; zLif{sdf hgfpg'
kg]{5 . o; zLif{s ;DaGwL ljj/0f cg';"rL $=$ df pNn]v ug'{ kg]{5 .
e'QmfgL lbg' kg]{ lanx?
-s_ o; cGtu{t Ohfhtkqk|fKt ;+:yfn] cfg} zfvfx?af6 Ps csf]{ zfvf pk/ lvlrPsf], :jb]zL
tyf ljb]zL a}+s tyf ljQLo ;+:yfx?af6 cfkm" pk/ lvr]sf] 8f6, l6=l6=, d]n 6fG;km/ tyf
cGo k]c8{/ dWo] e'QmfgL lbg afFsL /sd ;dfj]z ug'{ kg]{5 . cfk"m pk/ lvlrPsf] e'QmfgL
cfb]zsf] ;'rgf jf ;]8\o'n jf cfb]z k|fKt x'g] ljlQs} ;DalGwt zfvf lx;fj jf Ph]G;L lx;fj
8]lj6 u/L of] lx;fj q]ml86 ug'{ kg]{5 .
-v_ Ohfhtkqk|fKt ;+:yfn] l8:sfp06 u/]sf lanx?nfO{ olb cGo Ohfhtkqk|fKt ;+:yf;Fu k'gM
l8:sfp06 u/]df ;f] ;+:yfn] lan l8:sfp06 lx;fjnfO{ g} q]ml86 u/L l8:sfp06 lx;fj aGb
ug{ jf k'gM l8:sfp06 ul/Psf lan lx;fj egL leGb} vftf vf]nL o;df q]ml86 ug{ ;Sg]5 . of]
lx;fjdf /x]sf] /sdnfO{ klg e'QmfgL lbg' kg]{ lan cGtu{t g} Psd'i6 u/L b]vfpg' kg]{5 .
lan l8:sfp06 lx;fjd} q]ml86 ug]{ eP Ohfhtkqk|fKt ;+:yfsf] lx;fj lstfadf k'gM
l8:sfp06 u/]sf] ;DaGwL s]xL bfloTj gb]lvg] x'G5 . t/, k'gM l8:sfp06 lan ;DaGwL
Ohfhtkqk|fKt ;+:yfsf] cb[Zo bfloTj /lx/xg] x'Fbf To:tf] /sdnfO{ jf;nftdf ;Defljt
bfloTj cGtu{t hgfpg' kg]{5 .
lgIf]k bfloTj
Ohfhtkqk|fKt ;+:yfn] lgIf]kstf{x?af6 kl/rfng u/]sf] s'n lgIf]k o; zLif{s cGtu{t b]vfpg'
kg]{5 . o; zLif{s ;DaGwL ljj/0f cg';"rL $=% adf]lhd x'g' kg]{5 .
k|:tfljt tyf e'QmfgL lbg afF+sL nfef+z
k|:tfljt tyf ;fwf/0f;efn] kfl/t u/]sf] t/ e'StfgL u/L g;s]sf] nfef+z /sd o; cGtu{t /fVg'
kg]{5 .
cfos/ bfloTj
;+:yfn] o; zLif{s cGtu{t cfos/ P]g adf]lhd e'QmfgL ug'{ kg]{ cfos/ jfktsf] Joj:yf /sd /fVg'
kg]{5 . cu|Ld e'QmfgL ePsf] cfos/ /sd 36fP/ v"b ltg{ afFsL cfos/ eP dfq o; zLif{s cGtu{t
/fVg'' kg]{5 . olb cfos/ bfloTj eGbf clu|d s/ e'QmfgL /sd a9L /x]df v'b /sd cGo ;DklQdf
b]vfpg' kg]{5 .
cGo bfloTj
;+:yfsf] lx;fadf b]lvPsf dfly plNnlvt k'FhL tyf bfloTjx? afx]ssf cGo s'g} klg lsl;dsf
bfloTjx? o; zLif{sdf b]vfpg' kg]{5 . o;df lbOPsf] pkzLif{sx? ;Lldt /x]sf] dflgPsf] 5}g /
;+:yfn] cfjZostf cg';f/ cGoq k|bz{g ug{ g;lsg] zLif{sx? o;df /fVg ;Sg]5 .
-s_ e'QmfgL lbg aFfsL af]g;
80
-v_
-u_
-3_
-_
-r_
-5_
sd{rf/LnfO{ e'QmfgL lbg afFsL] af]g; /sd o; cGtu{t /fVg' kg]{5 .

lgIf]kdf e'QmfgL lbg afF+sL Aofh
lgIf]kdf e'QmfgL lbg afFsL] Aofh /sd o; cGtu{t /fVg' kg]{5 .
shf{ tyf ;fk6Ldf e'QmfgL lbg aFfsL Aofh
;+:yfn] shf{ tyf ;fk6Ldf e'QmfgL lbg aFfsL Aofh /sd o; cGtu{t /fVg' kg]{5 .
kfsL g;s]sf] sldzg
;+:yfn] s'g} ;]jf ul/lbP jfkt kfpg] sldzg b'O{ jf b'O{ eGbf a9L cfly{s jif{sf] nflu k|bfg
ug'{kg]{ ;]jf;Fu ;DalGwt 5 eg] k|bfg ug]{ ;]jfsf] cfwf/df b'O{ jf b'O{ eGbf a9L cflys jif{df
cfDbfgL hgfpg' kg]{5 . cfDbfgL hgfpg aFfsL clu|d?kdf k|fKt sldzg /sd o; zLif{s
cGtu{t /fVg' kg]{5 .
;08L qm]l86;{
;+:yfsf] b}lgs sfd sf/jfxLsf l;nl;nfdf e'QmfgL lbg' kg]{ t/ cGo zLif{s cGtu{t gkg]{
bfloTjx? o; zLif{s cGtu{t /fVg' kg]{5 .
n]vfk/LIf0f z'Ns
n]vfk/LIf0f sfo{ u/] afkt n]vfkl/IfsnfO{ e'QmfgL lbg aF+fsL /sd o; zLif{s cGtu{t /fVg'
kg]{5 .
pkbfg sf]if
;+:yfn] cfgf] sd{rf/L ;]jf ljlgodfjnL cg';f/ sd{rf/Lx?k|ltsf] pkbfg jfktsf] bfloTj /sd o;
zLif{s cGtu{t /fVg' kg]{5 .
-h_ sd{rf/L ;+rosf]if

;+:yfn] sd{rf/LnfO{ ;+ros]fif Affkt k|bfg ug{sf] nflu sd{rf/Lsf] dfl;s tnaaf6 sf
ul/Psf], ;+:yfn] yk u/]sf] / To; sf]ifn] cfh{g u/]sf] Aofh tyf cfDbfgL jfktsf] bfloTj
/sd o; zLif{s cGtu{t /fVg' kg]{5 .
-em_ zfvf lx;fa
;+:yfsf] ljleGg zfvfsf] lx;fa ldnfgubf{ qm]l86 Jofn]G; cfPdf o; zLif{s cGtu{t k|:t't
ug{' kg]{5 .
;DklQtk{mM
!= gub df}Hbft
Ohfhtkqk|fKt ;+:yfsf] cfgf] 9's'6Ldf :jb]zL Pjd\ ljb]zL d'b|fdf /x]sf] s'n gub df}Hbft
/sd o; zLif{sdf pNn]v ug'{ kg]{5 . o; zLif{ssf] lj:t[t ljj/0f cg';"rL $=* df pNn]v
ug'{ kg]{5 .
@= g]kfn /fi6 a}+sdf /x]sf] df}Hbft
Ohfhtkqk|fKt ;+:yfn] g]kfn /fi6 a}+sdf Aofh k|fKt gx'g] u/L hDdf u/]sf] s'n /sdnfO{ o;
zLif{sdf b]vfpg' kg]{5 .
#= a}+sljQLo ;+:yfdf /x]sf] df}Hbft
Ohfhtkqk|fKt ;+:yfn] :jb]zL tyf ljb]zL a}+s tyf ljQLo ;+:yfx?df Aofh k|fKt gx'g] u/L
hDdf u/]sf] s'n /sdnfO{ o; zLif{sdf b]vfpg' kg]{5 . o; zLif{ssf] /sd cg';"rL $=!) sf]
s'n /sd;Fu a/fa/ x'g' kg]{5 .
:ki6Ls/0fM o; a}+saf6 Ohfhtkqk|fKt ljsf; a}+s tyf ljQ sDkgLx?n] Ps xKtfsf] clu|d
;'rgfdf lkmtf{ lng ;lsg] u/L :jb]zL a}+s tyf ljQLo ;+:yfdf Ohfhtkqk|fKt v, u /
3 ju{sf ljQLo ;+:yfx?n] /fv]sf] ltg dlxgf jf ;f]eGbf a9L cjlwsf d'2ltd'2lt lgIf]knfO{
;d]t cg';"rL $=!) sf] a'Fbf g+= ! v cGtu{t b]vfpg' kg]{5 .
81
$=
%=
^=
dfu tyf cNk ;'rgfdf k|fKt x'g] /sd

o; zLif{sdf j9Ldf & lbg;Ddsf] e'QmfgL cjlw (Maturity Period) sfod u/L dfu ugf{;fy
jf 5f]6f] cjlwsf] ;'rgf -$* 306f_ df e'QmfgL k|fKt x'g] zt{df cGo Ohfhtkqk|fKt ;+:yf :jb]zL jf ljb]zL_ df Aofh k|fKt x'g] u/L nufgL ul/Psf] /sd pNn]v ug'{ kg]{5 . o;
zLif{ssf] /sd cg';"rL $=!! df pNn]v ug'{ kg]{5 .
nufgL
-s_ Ohfhtkqk|fKt ;+:yfn] Jofkfl/s nufgL (Held For Trade), laqmLsf] nflu pknAw
nufgL (Available for Sale) tyf e'QmfgL ldlt;Dd wf/0f ug]{ nufgL (Held to Maturity)
u/L ltg efudf 5'ofO b]vfpg' kg]{5 .
-v_ ;]o/ nufgLaf6 k|fKt x'g] af]g; ;]o/nfO{ ;]o/ ;+Vofdf dfq j[l4 u/L k/ndf]ndf s'g}
kl/jt{g gu/L nufgLsf] n]vfg ug'{ kg]{5 .
-u_ ;+:yfsf] ;]o/ k'FhLdf nufgL ul/Psf] ljj/0f cg';"rL $=!@ -s_ sf] ;]o/ nufgL zLif{sdf
b]vfpg' kg]{5 . pQm ljj/0fdf lgDg s'/fx? :ki6 v'nfpg' kg]{5 .
-!_ sDkgLsf] gfd
-@_ ;]o/sf] lsl;d -;fwf/0f jf lk|km/]G;_, lk|km/]G; ;]o/df nfef+z b/ ;d]t .
-#_ lnPsf] ;]o/ lsQf -af]g; ;]o/ kfPsf] eP ;f] ;d]t_ .
-$_ k|lt ;]o/ c+lst d'No
-%_ k/n df]n dxndf Ohfhtkqk|fKt ;+:yfsf] nfut .
-^_ :6s PS;r]Ghdf ;'rLs[t ;]o/ eP jf;nftsf] lbgsf] ;"lrs[t d'No .
-&_ Ohfhtkqk|fKt ;+:yfn] ;]o/df nufgL u/]sf] s'g} sDkgLn] ljut # jif{ jf ;f]eGbf
a9L ;dob]lv s'g} nfef+z 3f]if0ff u/]sf 5}gg\ eg] ;f] ;d]t v'nfpg' kg]{ .
-3_ sDkgLx?sf] l8j]~r/ tyf jG8df ul/Psf] nufgLsf] ljj/0f cg';"rL $=!@ -s_ sf]
l8j]~r/ tyf jG8 nufgL zLif{sdf b]vfpg' kg]{5 .
-!_ sDkgLsf] gfd
-@_ Aofhb/
-#_ l8j]~r/jG8sf] lsQf
-$_ l8j]~r/jG8sf] c+lst d"No
-%_ l8j]~r/jG8sf] e'QmfgL x'g] ldlt
-^_ l8j]~r/jG8 vl/bsf] nfut d'No k/n df]n dxndf b]vfpg' kg]{ .
-_ lwtf]kq ljlgdo ahf/df ;'rLs[t ;]o/, l8j]~r/ tyf cGo lwtf]kq k/n d"NoeGbf ahf/
d'No sd ePdf To:tf k|To]s nufgLx?df xfgL gf]S;fgL jfkt Joj:yf ug'{ kg]{5 . ;f]
Joj:yf ul/Psf] /sd nufgLsf] s'n /sddf 36fO{ v'b nufgL /sd o; zLif{sdf b]vfpg'
kg]{5 . ;fy} cg';"rL $=!@ sf] qm=;+= * / ( sf] s'n /sd cg';"rL $=!@ -s_ sf] s'n
nufgLsf] /sd;Fu a/fa/ x'g' kg]{5 .
-r_ cg';"rL $=!@ sf] qm=;+= ! b]lv ( ;Dd pNn]v eP afx]ssf] nufgLnfO{ cGo nufgL
cGtu{tsf] zLif{sdf b]vfpg' kg]{5 .
shf{ ;fk6 tyf lan vl/b
Ohfhtkqk|fKt ;+:yfn] k|bfg u/]sf] s'n shf{ ;fk6, vl/b tyf l8isfp06 ul/Psf lanx?
jfktsf] s'n jSof}tf (Outstanding) /sd Pjd\ s'n shf{af6 shf{ gf]S;fgL jfkt Joj:yf
u/]sf] /sd 36fO{ o; zLif{s cGtu{t v'b shf{ ;fk6sf] dxndf b]vfpg' kg]{5 . pQm /sd
cg';"rL $=!# / $=!# -s_ cg';f/ b]vfpg' kg]{5 .
Ohfhtkqk|fKt ;+:yfsf] sd{rf/LnfO{ sd{rf/L ljlgodfjnL cg';f/ k|bfg ul/g] shf{ ;'ljwfnfO{
o; zLif{sdf gb]vfO{ jf;nftsf] ;DklQ / hfoh]yf tk{msf] cGo ;DklQ zLif{s cGtu{t b]vfpg'
kg]{5 .
82
&=
-%_
l:y/ ;DklQ
Ohfhtkqk|fKt ;+:yfsf] :jfldTjdf /x]sf] :yfoL k|s[ltsf ;DklQx?sf] n]vfg o; zLif{sdf
u/L ;DklQsf] s'n d"Nodf x|f; sf u/L afFsL /x]sf] /sdnfO{ jf;nftsf] o; zLif{sdf b]vfpg'
kg]{5 . o; zLif{sdf hgfOg] /sd cg';"rL $=!$ df pNn]v ug'{ kg]{5 .
*= u}/ a}+ls ;DklQ
o; zLif{s cGtu{t u}/ j}+lsu ;DklQ / ;f] sf] nflu ul/Psf] Joj:yf /sdsf] v'b cj:Yff
b]vfpg' kb{5 . o; zLif{sdf hgfOg] /sd cg';"rL $=!% df pNn]v ug'{ kg]{5 .
(= cGo ;DklQ
dfly pNn]v ePsf afx]s cGo s'g} klg zLif{sdf /x]sf] ;DklQx? (Tangible or Intangible) o;
zLif{sdf b]vfpg' kg]{5 . o;df /xg] /sdx?df d;nGb df}Hbft, Ohfhtkqk|fKt ;+:yfsf]
sd{rf/LnfO{ sd{rf/L ljlgodfjnL cg';f/ k|bfg ul/g] ;fk6L tyf ;'ljwf, nufgLdf c;'n ug{
afFsL cfDbfgL, shf{df c;'n ug{ afFsL Aofh, ;08L 8]6;{, dfu{:y ;DklQx?, ckn]vg x'g afFsL
vr{ cflb kg]{5g\ . o; zLif{sdf b]vfOg] ;DklQx?df ul/Psf] ;Defljt gf]S;fgL Joj:yf 36fO{
cfpg] v'b /sd dfq cg';"rL $=!^ df pNn]v ug'{ kg]{5 .
shf{df c;'n ug{ jfFsL Aofhdf d'NtaL lx;fjdf ;fl/Psf] /sd 36fO{ cfpg] /sd qm=;+= # df
b]vfpg' kb{5 .
;Defljt bfloTjx?
-s_ ;+:yfsf] ;Defljt bfloTjx?nfO{ ljQLo ljj/0fsf] cg';"rL $=!& df tf]lsPsf] 9fFrf cg';f/
laefhg u/L s'n /sd o; zLif{s cGtu{t /fVg' kg]{5 .
-v_ k|lttkq vf]lnP jfkt dflh{g /sd hlt Ohfhtkqk|fKt ;+:yfn] c;'n u/L;s]sf] x'Fbf
k|lttkqsf] k'/} /sddf Ohfhtkqk|fKt ;+:yfsf] bfloTj /x]sf] lgZro klg x'Fb}g . tyflk of]
bfloTj k|lttkq vf]Ng] kIfk|lt geO{ Ph]G;L ;+:yfk|lt /x]sf] x'Fbf k|lttkqsf] k'/} /sd bzf{pg'
k5{ . o; zLif{s cGtu{t k|lttkq sf/f]af/ jfkt bfloTjsf] k'/} /sd b]vfpg' kg]{5 .
-u_ k'gM l8isfp06 ul/Psf lanx? o; zLif{s cGtu{t b]vfpg' kg]{5 .
-3_ Dofb gf3L g;s]sf hdfgt jfktsf k'/} /sdx?nfO{ ;Defljt bfloTjdf b]vfpg' kg]{5 .
-_ ;]o/df nufgL u/]sf]df ;]o/ jfkt e'QmfgL ug'{ kg]{ k'/} /sd e'QmfgL ePsf] /x]g5 eg]
e'QmfgL lbg afFsL /sd o; zLif{sdf b]vfpg' k5{ .
-r_ Ohfhtkqk|fKt ;+:yfn] s'g} u|fxs;Fu Forward Exchange Contract u/]sf] 5 eg] Dofb gf3L
g;s]sf] sG6ofS6sf] k'/f /sd o; zLif{sdf b]vfpg' kg]{5 .
-5_ Ohfhtkqk|fKt ;+:yfn] d~h'/L tyf ;dy{g (Acceptence & Endorsement), k|Tofe"lt k|ltj4tf
(Underwriting Commitment), shf{ k|ltj4tf (Loan Commitment) u/]sf] 5 eg] To:tf
/sdx?nfO{ ;Defljt bfloTj cGtu{t b]vfpg' kg]{5 .
-h_ dfly plNnlvt bfloTj afx]s Ohfhtkqk|fKt ;+:yfsf] cGo ;Defljt bfloTj 5g\ eg] ;f]
;d]tnfO{ cg';"rL $=!& cGtu{t b]vfpg' kg]{5 .
gfkmfgf]S;fg lx;fjsf zLif{sx?sf] ;+lIfKt JofVof
!= Aofh cfDbfgL
Ohfhtkqk|fKt ;+:yfn] k|bfg u/]sf] shf{ ;fk6df k|fKt x'g' kg]{ AofhnfO{ gub k|fKtLsf] cfwf/df
cfDbfgL jfFwL o; zLif{sdf b]vfpg' kg]{5 . ;+:yfsf] Aofh cfDbfgLnfO{ cg';"rL $=!* adf]lhd pNn]v
ug'{ kg]{5 .
t/ o; Joj:yfn] cfiff9dlxgf;Dddf kfs]sf] Aofh jiff{Gtkl5sf] ;fpg !% ut]leq k|fKt ePdf ;f]
/sdnfO{ a}+s tyf ljQLo ;+:yfx?n] cfcfgf] cfDbfgL n]vfg ;DaGwL gLltdf :ki6 v'nfO{ ut
cfly{s jif{sf] gfkmf gf]S;fg lx;fjdf cfDbfgL hgfpg afwf k'u]sf] dflgg] 5}g .
83
@=
Aofh vr{
Ohfhtkqk|fKt ;+:yfn] :jLsf/ u/]sf] lgIf]kdf tyf lnPsf] ;fk6Ldf plNnlvt cjlwdf ltg'{ kg]{ Aofh
/sdnfO{ Aofh vr{ lx;fj zLif{sdf vr{ n]Vg' kg]{5 . gfkmfgf]S;fg lx;fjsf] o; zLif{sdf hgfO{g]
s'n /sd cg';"rL $=!( df pNn]v ug'{ kg]{5 .
#= sldzg tyf l8isfp06
Ohfhtkqk|fKt ;+:yfn] cfgf] sf/f]af/sf] l;nl;nfdf plNnlvt cjlwdf cfh{g u/]sf] sldzg, ;]jf
z'Ns tyf l8isfp06sf] s'n /sdnfO{ o; zLif{sdf hgfO{ cg';"rL $=@) cg';f/ b]vfpg' kg]{5 .
$= cGo ;~rfng cfDbfgL
cfDbfgL zLif{stk{m Joj;fo ;~rfngaf6 dfly pNn]v ul/P afx]s Ohfhtkqk|fKt ;+:yfn] cfh{g
u/]sf] cGo s'g} klg cfDbfgLnfO{ o; zLif{sdf hgfO{ cg';"rL $=@! cg';f/ b]vfpg' kg]{5 .
%= ;6xL 36j9 cfDbfgL
Ohfhtkqk|fKt ;+:yfn] ljb]zL d'b|f sf/f]af/ -af afx]s_ jf6 ePsf] gfkmf tyf ljb]zL d'b|f ;6xL
b/df ePsf] kl/jt{gsf] sf/0fn] x'g uPsf] gfkmfgf]S;fgnfO{ 5'f5'} zLif{sdf b]vfpg' kg]{5 .
cg';"rL $=@@ sf] hDdf /sddf gfkmf b]lvPdf dfq ;f] /sd o; zLif{sdf pNn]v ug'{ kg]{5 .
cg;"rL $=@@ sf] a'Fbf g+= -s_ ljlgdob/df ePsf] km/saf6 ePsf] s'n cfDbfgLsf] @%% k|To]s ;fn
tdfddf gfkmf gf]S;fg jfF8kmfF8 lx;fj ljlgof]hgaf6 ;6xL 36j9 lx;fjdf hDdf ug'{ kg]{5 .
^= sd{rf/L vr{
Ohfhtkqk|fKt ;+:yfsf sd{rf/Lx?sf] lgldQ eP u/]sf] vr{x?sf] s'n /sd o; zLif{sdf hgfpg'
kg]{5 . o; zLif{sdf ;dfj]z x'g] vr{x?df sd{rf/L tnj, eQf, k]G;g, pkbfg vr{, ;~rosf]if yk,
tflnd vr{, kf]zfs vr{, aLdf cflb kg]{5g\ . o; zLif{sdf hgfO{g] /sd cg';"rL $=@# cg';f/
pNn]v ug'{ kg]{5 .
&= cGo ;~rfng vr{
Ohfhtkqk|fKt ;+:yfn] cfgf] sfof{no ;~rfngsf] l;nl;nfdf ePu/]sf cGo ;Dk"0f{ ;~rfng
vr{x?sf] s'n /sd of] zLif{sdf hgfpg' kg]{5 . o; zLif{sdf pNn]v ul/g] /sd cg';"rL $=@$ df
pNn]v ug'{ kg]{5 .
*= ;6xL 36j9 gf]S;fg
;6xL 36j9 cfDbfgLgf]S;fg lx;fjdf b]lvPsf] v'b df}Hbft C0ffTds /x]df of] zLif{sdf b]vfpg'
kg]{5 .
(= ;Defljt gf]S;fgL Joj:yf
hf]lvdo'Qm ;DklQ (Risk assets) sf] nflu o; a}+ssf] lgb]{zg adf]lhd /fVg'kg]{ Joj:yf (Provision)
gfkmfgf]S;fg lx;fjsf] o; zLif{sdf vr{ hgfO{ cg';"rL $=@% cg';f/ pNn]v ug'{ kg]{5 . o:tf]
Joj:Yffsf] cg'dfg q}dfl;s ?kdf ug'{ kg]{5 .
!)= u}/ ;~rfng cfDbfgLgf]S;fg
sf/f]af/sf] l;nl;nfdf k|ToIf ?kn] ;~rfng;Fu ;DalGwt g/x]sf cfDbfgL tyf vr{x? o; zLif{s
cg';f/ pNn]v ug'{ kg]{5 . o; zLif{sdf hgfOg] /sd cg';"rL $=@^ cg';f/ pNn]v ug'{ kb{5 .
!!= ;Defljt gf]S;fgL Joj:yfjf6 lkmtf{
hf]lvdo'Qm ;DklQx? (Risk assets) sf] nflu ul/Psf] Joj:yf /sd a9L ePdf a9L ePsf] /sd
lkmtf{ cfDbfgL (Write back) ug'{ kg]{ cj:Yff cfPdf o; zLif{s cGtu{t b]vfO{ cg';"rL $=@& cg';f/
pNn]v ug'{ kg]{5 .
!@= c;fdfGo sf/f]af/x?af6 ePsf] cfDbfgLvr{
c;fdfGo sf/f]af/x?af6 ePsf] cfDbfgLvr{ cGtu{t dfly plNnlvt cGo zLif{sx? afx]s v'b Aofh
cfDbfgLsf] % k|ltzteGbf a9L /x]sf ;a} vr{ tyf cfDbfgLsf] nflu cg;"rL $=@* cg';f/ cnUu}
zLif{sdf b]vfpg' kg]{5 .
84
-^_
!#= sd{rf/L af]g; Joj:yf

sd{rf/L af]g;sf] Joj:yf ubf{ gfkmfgf]S;fg lx;fjsf] ;Dk"0f{ sf/f]af/ kl5sf] v'b d'gfkmf -af]g;
Joj:yf ;d]t_ nfO{ cfwf/ lng'kg]{5 . ljBdfg sfg'g adf]lhd v'b gfkmfaf6 tf]lsPsf] k|ltztn]
af]g;sf]nflu 5'6fpg' kg]{ /sdnfO{ o; zLif{s dfkm{t gfkmfgf]S;fg lx;fjdf vr{ hgfpg' kg]{5 .
!$= cfo s/ Joj:yf
v'b s/ of]Uo gfkmfdf nfUg] cfo s/ jfktsf] /sd o; zLif{sdf vr{ n]Vg' kg]{5 . Ohfhtkqk|fKt
;+:yfn] cfo s/ P]g tyf k|rlnt cfly{s sfg'gn]] 5'6 lbPsf / dfGotf glbOPsf vr{x?sf] lx;fj
u/L s/ of]Uo gfkmf sfod ug'{kg]{5 / ;f]xL cg'dflgt s/ of]Uo gfkmfsf] cfwf/df cfo s/ ;DaGwL
efjL bfloTj lgwf{/0f u/L o; zLif{s dfk{mt gfkmfgf]S;fg lx;fjdf vr{ hgfpg' kg]{5 .
!%= v'b gfkmfgf]S;fg
o; zLif{sdf /x]sf] /sdnfO{ ;f]xL jif{sf]cjlwsf] gfkmfgf]S;fg jfF8kmfF8 lx;fj sf] o; jif{sf]
d'gfkmf jf o; jif{sf] gf]S;fg zLif{sdf b]vfpg' kg]{5 .
gfkmfgf]S;fg jfF8kmfF8 lx;fj ;DaGwL zLif{sx?sf] ;+lIfKt JofVof
vr{ tk{msf] ljj/0f -Debit tkm{_
!= ut jif{;Ddsf] ;l~rt gf]S;fg
Ohfhtkqk|fKt ;+:yfsf] lx;fjdf ut cfly{s jif{;Ddsf] ;l~rt 3f6f /x]sf] cj:yfdf o; zLif{sdf
hgfpg' kg]{5 .
@= ;fwf/0f hu]8f sf]if
r'Qmfk'FhLsf] bf]Jj/ geP;Dd k|To]s jif{sf] v'b gfkmfaf6 sDtLdf jL; k|ltzt /sd ;fwf/0f hu]8f
sf]ifdf jfF8kmfF8 ug'{ kg]{5 .
#= e}kl/ cfpg] hu]8f
cfgf] v'b gfkmfaf6 s]xL c+z 5'6\ofO{ e}k/L cfpg] hu]8f zLif{sdf /fVg] lg0f{o u/]df To:tf] /sd
o; sf]ifdf afF8kmfF8 ug'{ kg]{5 .
$= ;+:yf ljsf; sf]if
cfgf] gfkmfnfO{ ;+:yf ljsf; sf]ifdf hDdf ug]{ u/L jfF8kmFf8 ug]{ lg0f{o u/]df ;f] adf]lhdsf] /sd
o; zLif{sdf b]vfpg' kg]{5 .
%= nfef+z ;lds/0f sf]if
;+:yfsf] gfkmfaf6 s]xL /sd cfufdL jif{x?df nfef+z ;lds/0f ug]{ p2]Zon] jfF8kmfF8 u/L 5'} /fVg
rfx]df To:tf] /sdnfO{ o; zLif{s dfkm{t jfF8kmfF8 lx;fjdf vr{ hgfpg' kg]{5 .
^= sd{rf/L ;DaGwL hu]8fx?
;+:yfsf] sd{rf/Lx?;Fu ;DalGwt s'g} k|sf/sf sNof0fsf/L sf]if jf cGo s'g} lsl;dsf sf]ifx?df
gfkmfsf] s]xL c+z jfF8kmfF8 ug]{ ePdf o; zLif{s dfk{mt jfF8kmfF8 lx;fjdf vr{ hgfpg' kg]{5 .
&= k|:tfljt nfef+z
cfgf] gfkmfsf] s]xL c+z nfef+z ljt/0f ug{ k|:tfj u/]sf] ePdf ;f] /sdnfO{ o; zLif{ssf] afF8kmfF8
lx;fjdf vr{ hgfpg' kg]{5 .
*= k|:tfljt af]g; ;]o/
cfgf] ;l~rt d'gfkmfnfO{ k'FhLs/0f u/L ljBdfg ;]o/jfnfx?nfO{ af]g; ;]o/ k|bfg ug]{ jf ;]o/s}
r'Qmf d'No a9fpg] lg0f{o u/]df ;f] jfktsf] /sddWo] ;l~rt d'gfkmfaf6 hlt k|of]u x'g] xf] ;f]
/sdnfO{ gfkmfgf]S;fg afF8kmfF8 lx;fadf vr{ n]vL o; zLif{sdf hDdf ug'{ kg]{5 .
85
(=
-&_
-*_
-(_
-!)_
-!!_
-!@_
ljz]if hu]8f sf]if

o; a}+ssf] lgb]{zg adf]lhd s'g} klg lsl;dsf] ljz]if hu]8f sf]ifx? v8f ug{ ;l~rt d'gfkmf k|of]u
ug'{kbf{ o; zLif{s dfk{mt afF8kmfF8 lx;fjdf vr{ hgfpg' kg]{5 .
!)= ;6xL 36a9 sf]if
ljb]zL d'b|fsf] k'gd"{Nofgaf6 jif{e/Ldf ePsf] cfDbfgLdWo] ;6xL 36j9 ;DjlGw gLlt adf]lhd pQm
sf]ifdf ljlgof]hg ug'{ kg]{ /sd o; zLif{sdf b]vfpg' kg]{5 .
OlSj6Ldf ePsf] kl/jt{g ;DjlGw ljj/0f
Ohfhtkqk|fKt ;+:yfn] tf]lsPsf] 9fFrfdf cfjZos ljj/0fx? v'nfO{ g]kfn n]vf dfkb08 (NAS) sf] cfwf/df
ljQLo ljj/0fsf] cleGg csf] ?kdf OlSj6Ldf ePsf] kl/jt{g ;DjlGw ljj/0f tof/ ug'{ kg]{5 .
gub k|jfx ljj/0f
sDkgL P]g, @)^# sf] bkmf !)( adf]lhd x/]s sDkgLn] cfgf] jflif{s lx;fa ljj/0fx? tof/ ubf{ gfkmf
gf]S;fg lx;fj tyf jf;nftsf] cnfjf gub k|jfx ljj/0f klg tof/ ug'{ kg]{ Joj:yf u/]sf] 5 . o;y{
sDkgLsf] ?kdf btf{ ePsf ;a} Ohfhtkqk|fKt ;+:yfx?n] cfgf] jflif{s lx;fj ;Fu} gub k|jfx ljj/0f
;d]t tf]lsPsf] 9fFrfdf tof/ ug'{ kg]{5 .
;+:yfks ;]o/ lwtf] aGws ;DaGwdf
a}+s tyf ljQLo ;+:yfsf ;+:yfks ;]o/wgLn] lnPsf] ;]o/ cGo a}+s tyf ljQLo ;+:yfdf lwtf] aGws /fvL
shf{ lnPsf] eP ;DalGwt a}+sljQLo ;+:yfsf] jflif{s k|ltj]bgdf pNn]v -Disclose_ ug'{ kg]{ u/L cg';"rL
$=#$ adf]lhdsf] ljj/0f k]z ug'{ kg]{5 .
:yug s/ ;DaGwL Joj:yf
a}+s tyf ljQLo ;+:yfn] ljQLo ljj/0f k|sfzg ubf{ g]kfn n]vfdfg ( -Nepal Accounting Standard - 9_
cg';f/ :yug s/ -Deferred Tax_ sf] n]vf+sg u/L ;f] ljifo ;d]t v'nfpg' -Disclose_ kg]{5 . pQm
zLif{snfO{ ljQLo ljj/0fdf b]xfo adf]lhd x'g] u/L k|sfzg ug'{ kg]{]5 .
!= gfkmf gf]S;fg lx;fjdf cfos/ Joj:yf zLif{s cGtu{t xfn sfod /x]sf] lgoldt k|s[ltsf] s/ vr{
-Current Tax_ sf] cnfjf o; jif{sf] :yug s/ -Deferred Tax_ zLif{sdf cfDbfgLvr{ n]vf+sg ug{' kg]{
Joj:yf ldnfO{Psf] 5 .
@= jf;nftdf :yug s/ ;DklQ Pjd\ bfloTjsf] 5'} zLif{s sfod ug'{kg]{ ePsf]n] o;nfO{ jf;nftsf]
cGo bfloTj;DklQ ;DaGwL cg';"rLdf cGo eGbf dfly :yug s/ bfloTj;DklQ pkzLif{s
sfod ug'{ kg]{ Joj:yf ldnfO{Psf] 5 .
#= jflif{s k|ltj]bgsf] n]vf ;DaGwL l6Kk0fLdf :yug s/ u0fgfsf] nflu ckgfO{Psf] s/sf] b/ / ;f]
ckgfpg'sf] cfwf/, s/of]Uo Pjd\ s/ u0fgf ubf{ 36fpg ldNg] c:yfoL km/sx?, u0fgf ul/Psf]
:yug s/ / ;f] jfkt ;[hgf x'g uPsf] ;DklQ tyf bfloTjsf] lj:t[t ljj/0f v'nfpg' kg]{5 .
$= xfn :yug s/ hu]8f sf]ifdf /x]sf] /sd cGo hu]8f sf]ifdf /sdfGt/ ug'{kg]{5 .
5'6 k|bfg ug{ ;lsg]
o; a}+saf6 Ohfhtkqk|fKt 3 ju{sf ljQLo ;+:yfx?nfO{ sf/f]af/sf] k|s[lt / cj:yf x]/L tof/ ug'{ kg]{
ljj/0f tyf ;dfj]z ug'{kg]{ ljQLo ljj/0fsf] ;DaGwdf cfjZostf cg';f/ 5'6 k|bfg ug{ ;lsg] 5 .
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] n]vf gLlt tyf ljQLo ljj/0fx?sf] 9fFrf ;DaGwL Joj:yf O=k|f lgb]{zg
g+=$)&! af6 hf/L ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;}
-@_ pka'Fbf -!_ adf]lhd vf/]h ul/Psf] lgb]{zg adf]lhd eP u/]sf sfd sf/jfxL o;} lgb]{zg adf]lhd
eP u/]sf] dflgg]5 .
86
=================lnld6]8
@)&=======;fn c;f/ d;fGtsf] jf;nft
cg;"rL
k'FhL tyf bfloTj

!=
@=
#=
$=
%=
^=
&=
*=
(
;]o/ kF"hL
hu]8f tyf sf]ifx?
C0fkq tyf aG8
ltg{ afFsL shf{ ;fk6
lgIf]k bfloTj
e'QmfgL lbg' kg]{ lanx?
k|:tfljt gub nfef+z
cfos/ bfloTj
cGo bfloTj
s'n k'FhL tyf bfloTj
ut jif{
?
o; jif{
?
ut jif{
?
$=!
$=@
$=#
$=$
$=%
$=^
$=&
;DklQ
!=
@=
#=
$=
%=
^=
&=
*=
(=
o; jif{
?
cg;"rL
gub df}Hbft
a}+sljQLo ;+:yfdf /x]sf] df}Hbft
dfu tyf cNk ;"rgfdf k|fKt x'g] /sd
nufgL
shf{ ;fk6 tyf ljn vl/b
:yL/ ;DklQ
u}/a}ls ;DklQ
cGo ;DklQ
s'n ;DklQ
$=*
$=(
$=!)
$=!!
$=!@
$=!#
$=!$
$=!%
$=!^
;+efljt bfloTj
;~rfnsxsf] #f]if)ff
k'+hLsf]if tflnsf
hf]lvd efl/t ;DklQ ljj/)f tflnsf
k|d"v ;"rsfx
k|d"v n]vf gLltx
n]vf ;DaGwL l^Kk)fLx?
cg';"rL 4=17
cg';"rL 4=29
cg';"rL 4=30
cg";'rL 4=30-s_
cg';"rL 4=31
cg';"rL 4=32
cg';"rL 4=33
4=1 b]lv 4=17 ;Ddsf cg';"rLx jf;nftsf cleGg c+u x'g\ .
87
=====================lnld6]8
ldlt ==============b]lv================;Dd
gfkmf gf]S;fg lx;fj
ljj/0f
cg';"rL
!= Aofh cfDbfgL
@= Aofh vr{
v'b Aofh cfDbfgL
#= sldzg tyf l8:sfp06
$= cGo ;~rfng cfDbfgL
% ;6xL 36j9 cfDbfgL
s'n ;~rfng cfDbfgL
^= sd{rf/L vr{
&= cGo ;~rfng vr{
*= ;6xL 36j9 gf]S;fg
;Defljt gf]S;fgL Joj:yf cl3sf] ;~rfng d'gfkmf
(= ;Defljt gf]S;fgL Joj:yfx?
;~rfng d'gfkmf
!)= u}/ ;~rfng cfDbfgLvr{
!!= ;Defljt gf]S;fgL Aoa:yf af6 lkmtf{
lgoldt sf/f]af/jf6 ePsf] d'gfkmf
!@= c;fdfGo sf/f]af/x?af6 ePsf] cfDbfgLvr{
;Dk"0f{ sf/f]af/ ;dfj]z kl5sf] v'b d'gfkmf
!#= sd{rf/L af]g; Aoa:yf
!$ cfos/ Joj:yf
o; jif{sf] s/ Joj:yf
ljut jif{;Ddsf] s/ Joj:yf
o; jif{sf] :yug s/ cfDbfgLvr{
v'b gfkmfgf]S;fg
o; jif{
?
$=!*
$=!(
$=@)
$=@!
$=@@
$=@#
$=@$
$=@@
$=@%
$=@^
$=@&
$=@*
4=18 b]lv 4=28 ;Ddsf cg';"rLx gfkmf gf]S;fg lx;fjsf cleGg c+u x'g \ .
88
ut jif{
?
ljj/0f
=================== lnld^]*
gfkmf gf]S;fg af+*kmf+* lx;fa
ldlt ============ b]lv =================;Dd
cg';"rL
o; jif{
ut jif{ =
cfDbfgL
1=
ut jif{;Ddsf] ;l~rt d'gfkmf
2=
o; jif{sf] d'gfkmf
3=
;^xL #â( sf]if
hDdf
vr{
1=
2=
3=
4=
5=
6=
7=
8=
9=
10=
11=
12=
13=
14=
ut jif{;Ddsf] ;l~rt gf]S;fg

o; jif{sf] gf]S;fg
;fwf/)f hu]*fsf]if
e}k/L cfpg] hu]*f
;+:yf ljsf; sf]if
nfef+z ;dLs/)f sf]if
sd{rf/L ;DaGwL hu]*fx
k|:tfljt nfef+z
k|:tfljt af]g; ;]o/
ljz]if hu]*f sf]if
;^xL #â( sf]if
k'FhL lkmtf{ hu]*f sf]if
==============================
hDdf
15=
;l~rt d'gfkmf-gf]S;fg_
=================== lnld^]*
OlSj6Ldf ePsf] kl/jt{g ;DjlGw ljj/0f

cf=j= 20==========-?=_
ljj/0f
Z]fo/
k'FhL
;l~rt
Gff=gf]=
;fwf/0f
hu]8f
sf]if
k"Flhut
hu]8f
sf]if
Z'f? df}Hbft
:yug s/
;dfof]lht z'?
df}Hbft
;dfof]hg
====================
====================
====================
====================
clGtd df}Hbft
89
;]o/
lk|ldod
;6xL
36a9
sf]if
:yug s/
hu]8f
sf]if
cGo
hu]8f
tyf sf]if
s'n /sd
==========================lnld6]8
gub k|jfx ljj/0f
ldlt ============ b]lv ========== ;Dd
-s_
1=
1=1
1=2
1=3
1=4
1=5
2=
2=1
2=2
2=3
2=4
2=5
ljj/)f
sf/f]af/ ;~rfngaf^ gub k|jfx
gub k|flKt
Aofh cfDbfgL
sldzg tyf l*isfpG^ cfDbfgL
ljb]zL ljlgdo sf/f]af/af^ cfDbfgL
ckn]lvt shf{sf] c;'nL
cGo cfDbfgL
gub e'QmfgL
Aofh vr{
sd{rf/L vr{
sfof{no ;~rfng vr{
cfos/ e'QmfgL
cGo vr{
sfo{ut
1=
2=
3=
4=
1=
2=
3=
4=
-v_
1=
2=
3=
4=
5=
-u_
1=
2=
3=
4=
-#_
-_
k'FhL
o; jif{ =
ultljlw cl#sf] gub k|jfx
;~rfng ;DaGwL rfn' ;DklQdf sdL-j[l$_

dfu tyf cNk ;'rgfdf k|fKt x'g] /sddf sdL-j[l$_
cGo cNksfnLg nufgLdf sdL-j[l$_
shf{ tyf laN; vl/bdf sdL-j[l$_
cGo ;DklQdf sdL-j[l$_
;~rfng ;DjlGw rfn' bfloTjdf -sdL_j[l$
lgIf]k bfloTjdf -sdL_j[l$
;l^{lkms]^ ckm l*kf]lh^df -sdL_j[l$
cNksfnLg ;fk^Ldf -sdL_j[l$
cGo bfloTjdf -sdL_j[l$
nufgL sf/f]af/df gub k|jfx
bL#{sfnLg nufgLdf sdL-j[l$_
l:y/ ;DklQdf sdL-j[l$_
bL#{sfnLg nufgLdf Aofh cfDbfgL
nfef+z cfDbfgL
cGo
ljQLo ;|f]t sf/f]af/af^ gub k|jfx
bL#{sfnLg C)F -j)*, l*j]Gr/ cflb_ df j[l$-sdL_
;]o/ k'FhLdf j[l$-sdL_
cGo bfloTjdf j[l$-sdL_
g]kfn /fi^ a}+saf^ k|FKt ;x'lnotk'g/shf{df j[l$-sdL_
gub
tyf
a}s
df}Hbftsf]
ljlgdo
b/df
ePsf]
cfDbfgLvr{
o; jif{sf] ;Dk")f{ ultljlwaf^ gub k|jfx
-r_
gub tyf a}+sdf /x]sf] z'? df}Hbft
-%_
gub tyf a}+sdf /x]sf] clGtd df}Hbft
90
km/saf^
ut jif{ =
=================== lnld^]*
;]o/ k'FhL tyf :jfldTj
- === === c;f/ d;fGt_
ljj/)f
cg';"rL 4=1
o; jif{ =
ut jif{ =
;]o/ k'FhL
clws[t k'FhL
1=
1=1
1=2
1=3
1=4
1=5
1=6
s_
v_
u_
======= ;fwf/)f ;]o/ k|lt ;]o/ = ======= n]

====== gg\l/l*d]jn lk|km/]G; ;]o/ k|lt ;]o/ = ======= n]
======= l/l*d]jn lk|km/]G; ;]o/ k|lt ;]o/ = ====n]
hf/L
k'FhL
s_
v_
u_
======= ;fwf/)f ;]o/ k|lt ;]o/ ================= n]

======= gg\l/l*d]jn lk|km/]G; ;]o/ k|lt ;]o/ = ======= n]
======= l/l*d]jn lk|km/]G; ;]o/ k|lt ;]o/ =============n]
r'Qmf
k'FhL
s_
v_
u_
========= ;fwf/)f ;]o/ k|lt ;]o/ ======================== n]

========= gg\l/l*d]jn lk|km/]G; ;]o/ k|lt ;]o/ ========= n]
===========l/l*d]jn lk|km/]G; ;]o/ k|lt ;]o/ = ============n]
k|:tfljt af]g; ;]o/

sN; Og P*efG;
hDdf /sd -1=3+1=4+1=5_
;]o/ :jfldTj ljj/)f
1=
:jb]zL :jfldTj
1=1
1=2
1=3
1=4
1=5
1=6
2=
g]kfn ;/sf/
s ju{sf Ohfhtkqk|fKt ;+:yfx
cGo Ohfhtkqk|fKt ;+:yfx
cGo ;+:yfx
;j{;fwf/)f
cGo
j}b]lzs :jfldTj
o; jif{ =
k|ltzt
;]o/
ut jif{ =
k'FhL
;]o/
k'FhL
k|ltzt
hDdf
gf]^Mdfly cg';"rLdf plNnlvt ljj/)f cGtu{t 0=5 k|ltzt jf ;f]eGbf a(L :jfldTj ePsf] JolQm;d'xkmd{sDkgL eP,
lghxsf] gfd, k|ltzt / /sd :ki^ v'nfpg' kg]{% . k|ltzt pNn]v ubf{ ;]o/ ;+Vofsf] cfwf/df u)fgf ug'{ kg]{% .
=================== lnld^]*
hu]*f tyf sf]ifx
- === === c;f/ d;fGt _
1=
2=
3=
4=
5=
6=
7=
8=
ljj/)f
;fwf/)fa}wflgs hu]*f sf]if
k'FhLut hu]*f sf]if

k'FhL lkmtf{ hu]*f sf]if
cg';"rL 4=2
o; jif{ =
-Capital Redemption Reserve)
cGo hu]*f tyf sf]if

5=1= e}k/L cfpg] hu]*f
5=2= ;+:yf ljsf; sf]if
5=3= nfef+z ;lds/)f sf]if
5=4= ljz]if hu]*f sf]if
5=5= ;DklQ k'gd"{Nofg sf]if
5=6= cGo :jtGq sf]if
5=7= cGo hu]*f sf]if
;l~rt gfkmfgf]S;fg
;^xL #â( sf]if
hDdf
91
ut jif{ =
cg';"rL 4=3
=================== lnld^]*
C)fkq tyf j)*
- === === c;f/ d;fGt _
ljj/)f
1
o; jif{ =
====== k|ltzt jG*C)fkq k|lt jG*C)fkq ===== = n] ===

ldlt ============== df hf/L ePsf] / ldlt ========df r'Qmf x'g]
-xfn;Ddsf] Redemption Reserve /sd =
=========================_
====== k|ltzt jG*C)fkq k|lt jG*C)fkq ===== = n] ===
ldlt ============== df hf/L ePsf] / ldlt ========df r'Qmf x'g]
-xfn;Ddsf] Redemption Reserve /sd =
=======================_+
=======
=========
4=
hDdf 1+2+3
gf]^M
ut jif{ =
;'/If)f /fvL C)fkq tyf jG* hf/L ul/Psf] ePdf ;'/If)fsf] laj/)f v'nfpg' kg]{% .
cg';"rL 4=4
=================== lnld^]*
ltg{ afFsL shf{ -;fk^L_
- === === c;f/ d;fGt _
ljj/)f
s=
o; jif{ =
:jb]zL
1= g]kfn ;/sf/
2= g]kfn /fi^ a}+s
3= l/kf] bfloTj
4= cGt/ a}+s tyf ljQLo ;+:yf
5= cGo ;+ul&t ;+:yfx
6= cGo
hDdf
v=
ljb]zL
1= a}+sx
2= cGo
hDdf
u= hDdf -sv_
92
ut jif{ =
cg';"rL 4=5
=================== lnld^]*
lgIf]k lx;fa
- === === c;f/ d;fGt _
ljj/)f
1=
s=
1=
1=1
1=2
1=3
1=4
1=5
1=6
2=
2=1
2=2
2=3
2=4
2=5
2=6
v=
1=
2=
3=
u=
1=
1=1
1=2
1=3
2=
2=1
2=2
2=3
Aofh ltg'{ gkg]{ vftfx

rNtL lx;fa
:jb]zL d'b|fdf
g]kfn ;/sf/
s ju{sf Ohfhtkqk|fKt
cGo Ohfhtkqk|fKt ljQLo
cGo ;+ul&t ;+:yfx
JolQmut
cGo
ljb]zL d'b|fdf
g]kfn ;/sf/
s ju{sf Ohfhtkqk|fKt
cGo Ohfhtkqk|fKt ljQLo
cGo ;+ul&t ;+:yfx
JolQmut
cGo
dflh{g
sd{rf/L hdfgt
hdfgt dflh{g
k|lttkq dflh{g
cGo
:jb]zL d'b|fdf
ljQLo ;+:yfx
cGo ;+ul&t ;+:yfx
JolQmut
ljb]zL d"b|fdf
ljQLo ;+:yfx
cGo ;+ul&t ;+:yfx
JolQmut
2=
s=
1=
1=1
1=2
1=3
2=
2=1
2=2
2=3
v=
1=
1=1
1=2
1=3
2=
2=1
2=2
2=3
Aofh ltg'{ kg]{ vftfx

art lx;fa
:jb]zL d'b|fdf
;+# ;+:yfx
JolQmut
cGo
ljb]zL d'b|fdf
;+# ;+:yfx
JolQmut
cGo
d'@lt lx;fa
:jb]zL d'b|fdf
;+# ;+:yfx
JolQmut
cGo
ljb]zL d'b|fdf
;+# ;+:yfx
JolQmut
cGo
;+:yfx?
;+:yfx
;+:yfx?
;+:yfx
Aofh ltg'{ gkg]{ vftfxsf] hDdf
93
o; jif{ =
ut jif{ =
u=
1=
1=1
1=2
1=3
1=4
1=5
2=
2=1
2=2
2=3
2=4
2=5
#=
1=
2=
3=
dfu]sf] avt ltg'{ kg]{ lx;fa

:jb]zL d'b|fdf
cGo O=k|f=ljQLo ;+:yfx
cGo ;+ul&t ;+:yfx
JolQmut
cGo
ljb]zL d'b|fdf
cGo O=k|f= ljQLo ;+:yfx
cGo ;+ul&t ;+:yfx
JolQmut
cGo
;l^{lkms]^ ckm l*kf]lh^
;+ul&t ;+:yf
JolQmut
cGo
Aofh ltg'{ kg]{ vftfxsf] hDdf
-12_ hDdf lgIf]k
cg';"rL 4=6
=================== lnld^]*
e'QmfgL lbg'kg]{ lanx
1=
2=
- === === c;f/ d;fGt _

o; jif{ =
ljj/)f
:jb]zL d'b|f
ljb]zL d'b|f
ut jif{ =
hDdf
cg';"rL 4=7
=================== lnld^]*
cGo bfloTj
- === === c;f/ d;fGt _
ljj/)f
1=
2=
3=
4=
5=
6=
7=
8=
9=
10=
11=
12=
k]G;gpkbfg sf]if
sd{rf/L ;~ro sf]if
sd{rf/L sNof)f sf]if
sd{rf/L af]g; Joj:yf
lgIf]kdf e'QmfgL lbg afFsL Aofh
;fk^Ldf e'QmfgL lbg afFsL Aofh
kfsL g;s]sf] l*:sfp)^ / sldzg
;)*L q]ml*^;{
zfvf ldnfg lx;fj
:yug s/ bfloTj
e'QmfgL lbg afFsL nfef+z
cGo
hDdf
94
o; jif{ =
ut jif{ =
cg';"rL 4=8
ljj/)f
1=
2=
=================== lnld^]*
gub df}Hbft
=== === c;f/ d;fGt _
o; jif{ =
ut jif{ =
:jb]zL d'b|f -l;Ssf ;d]t_

ljb]zL d'b|f
hDdf
cg';"rL 4=9
=================== lnld^]*
g]kfn /fi^ a}+sdf /x]sf] df}Hbft
- === === c;f/ d;fGt _
:jb]zL
ljb]zL d'b|f =df
d'b|f
ef==
kl/jTo{ lj=d'=
ljj/)f
1=
s'n =
ut jif{
=
hDdf
g]kfn /fi^ a}+s

s= rNtL vftf
v= cGo vftf
cg';"rL 4=10
=================== lnld^]*
a}+sljQLo ;+:yfdf /x]sf] df}Hbft
- === === c;f/ d;fGt _
:jb]zL
ljb]zL d'b|f =df
d'b|f
ef==
kl/jTo{ lj=d'=
ljj/)f
1=
2=
s'n =
hDdf
ut jif{ =
:jb]zL Ohfhtkqk|fKt
;+:yfx?
s= rNtL vftf
v= cGo vftf
ljb]zL a}+sx
s= rNtL vftf
v= cGo vftf
hDdf
gf]^M
;DalGwt Ohfhtkqk|fKt ;+:yfx? ;dy{g kq cg';f/sf] s'n df}Hbft = =================
cg';"rL 4=11
=================== lnld^]*
dfu tyf cNk;'rgfdf k|fKt x'g] /sdx
- === === c;f/ d;fGt _
ljj/)f
o; jif{ =
1=
:jb]zL d'b|fdf
2=
ljb]zL d'b|fdf
hDdf
95
ut jif{ =
cg';"rL 4=12
=================== lnld^]*
nufgL
- === === c;f/ d;fGt _
k|of]hg
Jofkfl/s
cGo
ljj/)f
!
@
#
$
%
^
&
*
(
!)
o; jif{ =
ut jif{ =
g]kfn ;/sf/sf] 6]h/L lan

g]kfn ;/sf/sf] art kq
g]kfn ;/sf/sf] cGo C0fkq
g]kfn /fi6 a}s C0fkq
ljb]zL C0fkq
:jb]zL Ohfhtkqk|fKt ;+:yf
ljb]zL a}s
;+ul7t ;+:yfx?sf] ;]o/
;+ul7t ;+:yfx?sf] l8j]~r/ tyf aG8
cGo nufgL
s'n nufgL
Joj:yf
v'b nufgL
cg';"rL 4=12-s_
;]o/, l*j]Gr/ tyf j)*df nufgL
k/n
df]n
=
ljj/)f
1=
1=1
1=2
1=3
2=
2=1
2=2
2=3
3=
3=1
3=2
ahf/
d'No
cg";f/
?=
Joj:y
f
/sd
?=
o;
jif{
?=
;]o/ nufgL
====== sDkgL -k|f=ln=ln=_
====== ;fwf/)f ;]o/, k|lt ;]o/ ====== n] r"Qmf
====== ;fwf/)f ;]o/ -dWo]===af]g; ;d]t_ k|lt ;]o/====n] r"Qmf
====== k|ltzt ==== lk|km/]G; ;]o/ k|lt ;]o/ = ===== n] r"Qmf
l*j]Gr/ tyf j)* nufgL
====== k|ltzt l*j]Gr/j)* k|lt l*j]Gr/a)* ===== = n] ===
=================
==================
s'n nufgL
hf]lvd ;DaGwL Joj:yf
ut jif{ ;Ddsf] Joj:yf
o; jif{sf] yk#^
s'n Joj:yf
v'b nufgL
gf]^M 3 jif{ eGbfa(L ;dob]lv nfef+z #f]if)ff tyf ljt/)f gu/]sf sDkgLx ePdf To:tf sDkgLxsf] gfd v'nfpg'
kg]{% .
96
ut
jif{
?=
cg';"rL $=!@=!
=================== lnld6]8
Jofkfl/s nufgL -Held for Trading_
- === ===== d;fGt_
kl5Nnf]
k/n
ahf/ d'No
d"No
-s_
ljj/0f
xfnsf]
ahf/
d'No v_
o; jif{
gfkmf
-gf]S;fg_
/sd
-vs_
ut jif{
gfkmf
-gf]S;fg_
/sd
s}lkmo
t
!= g]kfn ;/sf/sf] 6]h/L lan

@= g]kfn ;/sf/sf] artkq
#= g]kfn ;/sf/sf] cGo C0fkq
$= g]=/f= a}s C0fkq
%= ljb]zL C0fkq
^= :jb]zL Ohfhtkqk|fKt ;+:yfsf] ;]o/
&= :jb]zL Ohfhtkqk|fKt ;+:yfsf] l8j]~r/ tyf aG8
*= :jb]zL ;+ul7t ;+:yfsf] ;]o/, l8j]~r/ tyf aG8
(= ljb]zL a}s nufgL -Placement_
!)= Interbank Lending
!!=cGo nufgL
s'n nufgL
cg';"rL $=!@=@
ljj/0f
!=
@=
#=
$=
%=
^=
=================== lnld6]8
e'QmfgL ldlt;Dd wf/0f ug]{ nufgL -Held to Maturity_
- === === === d;fGt_
o; jif{
k/n xfn;Ddsf] o;jif{sf]
gfkmf
d'No Iflt /sd Iflt /sd -gf]S;fg_
-s_
-v_
-u_
/sd
-svu_
g]kfn ;/sf/sf] 6]h/L lan

g]kfn ;/sf/sf] artkq
g]kfn ;/sf/sf] cGo C0fkq
g]=/f= a}s C0fkq
ljb]zL C0fkq
:jb]zL Ohfhtkqk|fKt ;+:yfsf] ;]o/
&= :jb]zL
Ohfhtkqk|fKt
;+:yfsf]
l8j]~r/ tyf aG8
*= :jb]zL ;+ul7t ;+:yfsf] ;]o/,
l8j]~r/ tyf aG8
!)= cGo nufgL
s'n nufgL
97
ut jif{
gfkmf
-gf]S;fg_
/sd
s}lkmot
cg';"rL $=!@=#
=================== lnld6]8
laqmLsf] nflu pknAw nufgL -Available for Sale_
- === === === d;fGt_
ljj/0f
kl5Nnf] xfnsf]
o; jif{
ut jif{
k/n
gfkmf
ahf/ d'No ahf/ sf]if ;dfof]hg
d"No
-gf]
S
;fg_ /sd
-s_
d'No -v_ /sd -vs_
s}lkmot
!= g]kfn ;/sf/sf] 6]h/L lan

@= g]kfn ;/sf/sf] artkq
#= g]kfn ;/sf/sf] cGo C0fkq
$= g]=/f= a}s C0fkq
%= ljb]zL C0fkq
^= :jb]zL Ohfhtkqk|fKt ;+:yfsf] ;]o/
&= :jb]zL Ohfhtkqk|fKt ;+:yfsf] l8j]~r/ tyf aG8
*= :jb]zL ;+ul7t ;+:yfsf] ;]o/, l8j]~r/ tyf aG8
!)= cGo nufgL
s'n nufgL
cg';"rL 4=13
1=
=================== lnld^]*
shf{ ;fk^ tyf lan vl/b juL{s/)f / ;f]sf] nflu Joj:yf
- === === c;f/ d;fGt _
shf{
vl/b tyf l*isfpG^ o; jif{
ljj/)f
ul/Psf lan
=
:jb]zL
ljkGg ju{
cGo ljb]zL hDdf :jb]zL ljb]zL hDdf
ljldt cljldt
;lqmo shf{ ;fk^ (Performing Loan)
!=! c;n
!=@ ;'Id lgu/fgL
2=
lgliqmo shf{ ;fk^

(Non Performing Loan)
@=! k'g/;+/rgf k'g/tflnsLs/0f

2=2 sd;n
2=3 z+sf:kb
2=4 v/fa
-s_ s'n shf{

3=
shf{ gf]S;fgL Joj:yf
3=1
3=2
3=2
3=3
3=4
3=5
c;n
;'Id lgu/fgL
k'g/;+/rgfk'g/tflnsLs/0f
sd;n
z+sf:kb
v/fj
-v_ s'n Joj:yf

4= ut jif{;Ddsf] Joj:yf
4=1
4=2
4=2
4=3
4=4
4=5
c;n
;'Id lgu/fgL
k'g/;+/rgf k'g/tflnsLs/0f
sd;n
z+sf:kb
v/fj
-u_ ut jif{;Ddsf] s'n Joj:yf

-#_ ut jif{sf] Joj:yfaf^ lkmtf{
-*=_ o; jif{sf] yk Joj:yf
o; jif{sf] v'b yk#^
98
utjif{
=
v'b shf{ -sv_
cg';"rL 4=13-s_
=================== lnld^]*
shf{, ;fk^ / laN; vl/bsf] ;'/If)f
=== === c;f/ d;fGt_
ljj/)f
o; jif{ =
ut jif{ =
-s_ ;'/lIft
1= rncrn ;DklQsf] ;'/If)fdf
2=
3=
4=
5=
6=
:jb]zL Ohfhtkqk|fKt ;+:yfsf] hdfgtdf

;/sf/L hdfgtdf
cGt/f{liô >])fLs[t a}+ssf] hdfgtdf
lgof{t sfuhft (Export Document) sf] ;'/If)fdf
d'@lt /l;bsf] ;'/If)fdf
-s_
;+:Yffsf] cfkm\g} d'@lt /l;bsf] ;'/If)f
-v_
cGo Ohfhtkqk|fKt ;+:yfsf] d'@lt /l;bsf] ;'/If)f
7= ;/sf/L C)fkqsf] ;'/If)fdf
8= sfp)^/ hdfgtdf
9= JolQmut hdfgtdf
10= cGo ;'/If)fdf
-v_ c;'/lIft
hDdf
cg;"rL 4=14
=================== lnld^]*
l:y/ ;DklQ
- === === c;f/ d;fGt _
;DklQ
ljj/)f
1=
2=
3=
4=
5=
6=
ejg
kl/jxg ;fwg
k/ndf]n
-s_ ut jif{sf] df}Hbft
-v_ o; jif{ yk
-u_ o; jif{ k'gd'{Nofgk'gn]{vg
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-_ o; jif{sf] ckn]vg
s'n -svu#_ k/ndf]n
x|f; sL
-s_ ut jif{;Ddsf]
-v_ o; jif{sf]
-u_ x|f;sL k'gd"{Nofgk'gn]{vg
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x|f;sL /sd ;dfof]hglkmtf{
s'n x|f;sL
a's Eofn" (WDV*) -1 2_
hUuf
k'FhLut lgdf{0f -k'FhLs/0f ul/g' kg]{_

nLh xf]N* ;DklQ
hDdf -3456_
*Written Down Value
99
d]lzg/L
sfof{no
;fdfg
cGo
o; jif{
=
ut jif{
=
cg;"rL 4=15
=================== lnld^]*
u}/ a}+ls ;DklQ

- === === c;f/ d;fGt _
C[0fL jf kf6L{sf]
gfd 7]ufgf
u}/ a}+ls ;DklQ

;sf/ u/]sf] ldlt
s'n u}/ a}+ls

;DklQ /sd ?=
gf]S;fgL Joj:yf
k|ltzt
v'b u}/ j}+lsu

;DklQ =
ut jif{ =
/sd ?=
s'n hDdf
cg;"rL 4=16
=======================lnld^]*
cGo ;DklQ
- === === c;f/ d;fGt _
laa/)F
1=
2=
3=
4=
5=
6=
7=
8=
9=
10=
11=
12=
13=
14=
o; jif{ =
ut jif{ =
d;nGb df}Hbft
nufgLdf c;"n ug{ afFsL cfDbfgL
shf{df c;"n ug{ afFsL Aofh
Go'gM Aofh d"NtjL /sd
c;"n ug{ afFsL sldzg
;G*L *]^;{
sd{rf/L ;fk^L / k]ZsL
clu|d e"QmfgL
dfu{:y gub
dfu{:y cGo -r]s ;d]t_
lagf ;'rgf *fk\m^sf] e"QmfgL
ckn]vg x"g afFsL vr{
zfvf ldnfg lx;fj
:yug s/ ;DklQ
cGo
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cg';"rL 4=16-s_
ljj/)f
1=
2=
3=
4=
=======================lnld^]*
cGo ;DklQ -yk ljj/)f_
- === === c;f/ d;fGt _
o; jif{ =
1
1 jif{b]lv dfly
3 jif{eGbf
jif{;Dd
3 jif{;Dd
dfly
shf{df c;'n ug{ afFsL Aofh

lagf ;'rgf *fkm\^sf] e'QmfgL
zfvf ldnfg lx;fj
:jb]zL ljbzL Ph]G;L lx;fa
100
hDdf
ut jif{
=
cg';"rL 4=17
=======================lnld^]*
;Defljt bfloTjx
- === === c;f/ d;fGt _
1=
2=
3=
4=
ljj/)f
;+:yf pk/ bfjL k/]sf] t/ ;+:yfn] bfloTj :jLsf/ gu/]sf]
k|lttkqx -dflh{g g#^fO{ k'/f /sd_
-s_
6 dlxgf eGbf sd cjlwsf]
-v_
6 dlxgf eGbf a(L cjlwsf]
k'gM l*:sfpG^ ul/Psf lanx
Dofb gfl# g;s]sf] Uof/]G^LaG*
-s_
la* aG*
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k/km/d]G; aG*
-u_ cGo Uof/])^LaG*
afFsL
5=
r'Qmf jf e'Qmfg x'g
6=
7=
8=
9=
10=
11=
12=
13=
14=
15=
km/jf*{ PS:r]~h sG^fS^sf] afFsL bfloTjx

sn]S;gdf /x]sf lanx
d~h'/L tyf ;dy{g (Acceptence & Endorsement)
k|Tofe'lt k|ltj$tf (Underwriting Commitment)
ckl/jTo{ shf{ k|ltj$tf (Irrevocable Loan Commitment)
cGt/f{liô >])fLs[t a}+ssf] sfp)^/ Uof/])^Ldf lbPsf] Uof/])^L
clu|d e'QmfgL Uof/])^L (Advance Payment Guarantee)
shf{ k|jfxsf] nflu ljQLo hdfgt (Financial Guarantee)
cfos/ jfkt ;Defljt bfloTj (Contingent Liabilities on Income Tax)
=======================
o; jif{ =
ut jif{ =
;]o/ nufgL
cg';"rL 4=18
=======================lnld^]*
Aofh cfDbfgL
ldlt ==============b]lv =================;Dd
s=
v=
5=
u=
#=
ljj/)f
shf{ ;fk^ / clwljsif{df
1= shf{ ;fk^
2= clwljsif{
nufgLdf
1= g]kfn ;/sf/sf] ;'/If)fkq
-s_ ^]h/L laN;
-v_ ljsf; C)fkq
-u_ /fliô art kq
2= ljb]zL C)fkq
-s_
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3= g]kfn /fi^ a}+ssf] C)fkq
4= l*j]~r/ tyf aG*
cGt/ a}+s nufgLdf Aofh
-s_ a}+sljQLo ;+:yfx
-v_ cGo ;+:yfx
Ph]G;L df}Hbftdf
1= :jb]zL a}+sljQLo ;+:yfx
2= ljb]zL a}+sx
dfu tyf cNk ;'rgfdf k|fKt x'g] df}Hbftdf
1= :jb]zL a}+sljQLo ;+:yfx
2= ljb]zL a}+sx
cGodf
1= ;l^{lkms]^ ckm l*kf]lh^
o; jif{ =
101
ut jif{ =
2=
3=
cGt/ a}+sljQLo ;+:yf shf{

cGo
hDdf
cg';"rL 4=19
=======================lnld^]*
Aofh vr{
ldlt==============b]lv=========== ;Dd
ljj/)f
s=
v=
u=
o; jif{ =
ut jif{ =
lgIf]k bfloTjdf
1=
d'@lt lgIf]k
1=1 :jb]zL d"b|f
1=2 ljb]zL d'b|f
2=
art lgIf]k
2=1 :jb]zL d"b|f
2=2 ljb]zL d'b|f
3=
dfu]sf] avt ltg'{kg]{ lgIf]k
3=1 :jb]zL d'b|f
3=2 ljb]zL d'b|f
4=
;l^{lkms]^ ckm l*kf]lh^\;\
shf{ ;fk^df
1=
C)fkq tyf a)*
2=
g]kfn /fi^ a}+saf^ k|fKt shf{
3=
cGt/ a}+sljQLo ;+:yf shf{
4=
cGo ;+ul&t ;+:yf
5=
cGo shf{
cGodf
1=
=============
2=
==============
hDdf
cg';"rL 4=20
s=
v=
u=
==================lnld^]*
sldzg tyf l*:sfpG^
ldlt =============b]lv ============= ;Dd
ljj/)f
o; jif{ =
laN; vl/b tyf l*:sfpG^
1=
:jb]zL
2=
ljb]zL
sldzg
1=
k|lttkq
2=
hdfgtkq
3=
sn]S;g kmL
4=
/]ld^]G; kmL
5=
q]ml*^ sf*{
6=
;]o/ k|Tofe'ltlgisfzg
7=
;/sf/L sf/f]af/ jfkt
8=
O=k|f= sldzg jfkt
9=
af cfDbfgL
cGo
hDdf
102
ut jif{ =
cg';"rL 4=21
1=
2=
3=
4=
5=
6=
7=
========================lnld^]*
cGo ;~rfng cfDbfgL
ldlt =============b]lv ============= ;Dd
ljj/)f
o; jif{ =
;]km l*kf]lh^ eN^sf] ef*f
q]ml*^sf*{ lgisfzg tyf gjLs/)f
ATM sf*{ lgisfzg tyf gjLs/)f
^]n]S;l^=l^=
;]jf z'Ns
gjLs/)f z'Ns
cGo
hDdf
ut jif{ =
cg';"rL 4=22
-s_
-v_
==========================lnld^]*
;^xL #â( cfDbfgLgf]S;fg
ldlt =============b]lv ============= ;Dd
ljj/)f
o; jif{ =
ljlgdo b/df ePsf] km/saf^
ljb]zL d'b|f sf/f]af/af^ -af afx]s_
hDdf cfDbfgL-gf]S;fg_
ut jif{ =
cg';"rL 4=23
=======================lnld^]*
sd{rf/L vr{
ldlt =============b]lv ============= ;Dd
ljj/)f
o; jif{ =
1=
2=
3=
4=
5=
6=
7=
8=
9=
tnj
eQf
;~rosf]ifdf yk
tflnd vr{
kf]zfs
cf}ifwf]krf/
aLdf
k]G;g tyf pkbfg Joj:yf
cGo
hDdf
103
ut jif{ =
cg';"rL 4=24
=======================lnld^]*
cGo ;~rfng vr{
ldlt =============b]lv ============= ;Dd
ljj/)f
o; jif{ =
1=
2=
3=
4=
5=
6=
7=
8=
9=
10=
11=
12=
13=
14=
15=
16=
17=
18=
19=
20=
21=
22=
23=
24=
25=
26=
ut jif{ =
#/ef*f
aQL ljh'nL / kfgL
dd{t tyf ;Def/
-s_ ejg
=============
-v_ ;jf/L ;fwg
=============
-u_ cGo
==============
aLdf
kf]i^]h, ^]n]S;, ^]lnkmf]g, k\mofS;
sfof{no pks/)f kmlg{r/ / ;Def/
e|d)f eQf / vr{
d;nGb / %kfO{
kqklqsf tyf k':ts
lj!fkg
sfg'gL vr{
rGbf
;~rfns ;ldlt ;DaGwL vr{
-s_ a}&s eQf =============
-v_ cGo vr{ ==============
;fwf/)f ;ef ;DaGwL vr{
n]vf k/LIf)f ;DaGwL
-s_ n]vf k/LIf)f z'Ns ===============
-v_ cGo vr{ ===============
/sd :yfgfGt/)f sldzg
l:y/ ;DklQdf x|f; sL
k'j{ ;~rfng vr{ ckn]vg
;]o/ lgisfzg vr{
k|fljlws ;]jf zf]wegf{
dgf]/~hg vr{
ckn]vg vr{
;'/Iff vr{
shf{ ;'/If)f lk|ldod
sldzg / l*:sfp)^
cGo =====================
hDdf
gf]^M
vr{x hgfp+bf h'g k|of]hgsf] nflu vr{ ePsf] xf] ;f]xL zLif{sdf vr{ hgfpg' k%{ . cGo ;fdfGo
zLif{sdf ufEg kfOg] %}g . h:tf] ;~rfns ;ldltsf] a}&ssf] l;nl;nfdf ePsf] oftfoft vr{, ;~rfns
;ldlt ;DaGwL vr{ cGtu{t cGo vr{ df hgfpg' kg]{% .
104
cg';"rL 4=25
======================lnld^]*
1=
2=
3=
4=
;Defljt gf]S;fgL Aoa:yf

ldlt =============b]lv ============= ;Dd
ljj/)f
shf{ gf]S;fgL Joj:yfdf ePsf] a[l$
nufgL gf]S;fgL Joj:yfdf ePsf] a[l$
u}/ a}+ls ;DklQ gf]S;fgL Joj:yf
cGo ;DklQdf ul/Psf] Joj:yf
hDdf
o; jif{ =
ut jif{ =
cg';"rL 4=26
======================lnld^]*
1=
2=
3=
4=
s=
v=
u=
5=
u}/ ;~rfng cfDbfgLgf]S;fg

ldlt =============b]lv ============= ;Dd
ljj/)f
nufgL laqmLaf^ cfDbfgL-gf]S;fg_
;DklQ laqmLaf^ cfDbfgL-gf]S;fg_
nfef+z
g]kfn /fi^ a}+saf^ k|fKt ;x'lnot
tf]lsPsf] zfvfxsf] gf]S;fg jfkt Ifltk"lt{
Aofh Ifltk"lt{
;^xL sfpG^/
cGo
v'b u}/ ;~rfng cfDbfgL-gf]S;fg_
o; jif{ =
ut jif{ =
cg';"rL 4=27
1=
2=
3=
4=
======================lnld^]*
;Defljt gf]S;fgL Joj:yfaf^ lkmtf{
-cfly{s jif{ =============_
ljj/)f
shf{ gf]S;fgL Joj:yfdf af^ lkmtf{
u}/ a}+ls ;DklQ gf]S;fgL Joj:yfaf^ lkmtf{
nufgL Joj:yfjf^ lkmtf{
cGo ;DklQsf] Joj:yfjf^ lkmtf{
o; jif{ =
ut jif{ =
hDdf
cg';"rL 4=28
======================lnld^]*
c;fdfGo sf/f]af/x?af6 ePsf] cfDbfgL/vr{

ldlt =============b]lv ============= ;Dd
ljj/)f
1= ckn]vg ePsf] shf{sf] c;'nL
2= :j]lR%s cjsfz vr{
3= c;'nL x'g g;Sg] shf{sf] ckn]vg -4=28 s_
4= cGo vr{cfDbfgL
5= =================
hDdf
105
o; jif{ =
ut jif{ =
cg';"rL 4=28-s_
======================lnld^]*
ckn]lvt shf{sf] ljj/0f

-cfly{s jif{ =================_
qm=;+=
shf{ k|sf/
1=
2
3=
4=
5=
ckn]vg
ul/Psf]
/sd
lwtf]sf]
k|sf/
tyf /sd
lwtf]
d'Nofgsf]
cfwf/
shf{ :jLs[t
ug{]
clwsf/Ltx
shf{ c;'nLsf
nflu eP
u/]sf k|of;
s}lkmot
rfn' k+'hL shf{

kl/of]hgf shf{
l:y/ k'FhL shf{
JolQmut shf{
cGo shf{
s'n shf{
gf]^M cfly{s jif{e/Ldf ckn]vg ul/Psf] shf{sf] ljj/)f dfly pNn]v ug'{ kg]{% .
cg';"rL
4=29
========================lnld^]*
;~rfns, sfo{sf/L k|d'v, ;+:yfks, sd{rf/L] ;]o/xf]N8/x?nfO{ uPsf] shf{ ;fk6 ljj/0f
- ====================== c;f/ d;fGt_
vl/b tyf l*:sfpG^ ul/Psf lanx / shf{, ;fk^ tyf clwljsif{df k|jflxt s'n /sddWo] ;~rfns,
sfo{sf/L k|d'v, ;+:yfks, sd{rf/L, ;]o/ xf]N*/x? / lghxsf] kl/jf/sf ;b:o jf To:tf JolQm hdfgL
a;]sf] jf Dofg]lh Ph]G^ ePsf] s'g} ;+:yf jf sDkgLnfO{ uPsf] /sdsf] ljj/)f b]xfo adf]lhd % .
;+:yfks;~rfnssfo{sf/L
ut jif{;Ddsf]
o; jif{ c;'nL
afFsL
k|d'vsf] gfd
-s_
-v_
-u_
-#_
-_
;fjf+
Aofh
;fjf+
;~rfns
1=
2=
sfo{sf/L k|d'v
1=
2=
;+:yfks
1=
2=
sd{rf/L
1=
2=
;]o/wgLx?
1=
2=
hDdf
106
Aofh
o;jif{
yk shf{
c;f/ d;fGt;Dd
afFsL
;fjf+
Aofh
cg';"rL
4=30
=======================lnld6]8
k'FhLsf]if tflnsf -v / u ju{sf] nflu_
-======================= c;f/ d;fGt_
-?=xhf/df_
-s_
@_
/sd
u/]sf]]
-v_
ljj/0f
k|fylds k'FhL
!_
r'Qmf k'FhL -;fwf/0f ;]o/_
k|:tfljt af]g; ;]o/
#_
;]o/ lk|ldod
$_ lkmtf{ gx'g] cu|flwsf/ ;]o/
%_ ;fwf/0f hu]8f sf]if
^_ ;l~rt gfkmf-gf]S;fg_
&_ jf;nftdf b]vfO{Psf] rfn' cf=j=sf] gfkmfgf]S;fg lx;fjsf] /sd
*_ k'FhL lkmtf{ hu]8f sf]if
(_ k'FhL ;dfof]hg sf]if
!)_ sN; Og P8efG;
!!_ cGo :jtGq sf]ifx?
36fpg]M
Voflt (Goodwill) jfktsf] /sd
:yug s/ ;DklQ -Deferred Tax Assets_
;LdfeGbf a9L ;]o/, ;'/If0fkqdf nufgL ul/Psf] /sd
ljQLo :jfy{ /x]sf] sDkgLsf] lwtf]kqdf nufgL u/]sf] /sd
cjf:tljs ;DklQ
o; a}+ssf] lgb]{zg kfngf gu/L :jk|of]hgsf nflu 3/hUuf vl/b u/]sf]
;LdfeGbf a9L cfjf; ejg lgdf{0f tyf hUuf ljsf;df nufgL u/]sf] /sd
tf]lsPsf] ;doleq laqmL ljt/0f ug{ g;s]sf] ;]o/ k|Tofe"lt .

k|rlnt P]g tyf sfg'gn] k|ltaGw u/]sf JolQm tyf ;d'xx?nfO{ k|bfg
shf{ tyf ;'ljwfx?
k'/s k'FhL
!_ c;n shf{sf] nflu u/]sf] shf{ gf]S;fgL Joj:yf
@_ cltl/Qm shf{ gf]S;fgL Joj:yf
#_ xfOla|8 k'FhL pks/0fx?
$_ ;'/If0f g/fv]sf] ;xfos cfjlws C0f
%_ ;6xL ;dLs/0f sf]if
^_ ;DklQ k"gd"{Nofg sf]if
&_ nufgL ;dfof]hg sf]if
-u_ hDdf k'FhLsf]if -sv_
-3_ hf]lvd efl/t ;DklQsf] cfwf/df sfod ug'{ kg]{ Go'gtd k'FhLsf]if
k'FhLsf]if
- ================= k|ltzt_
k|fylds k'FhL -=================== k|ltzt_
k'FhLsf]if -clwsGo'g_
- ================= k|ltztn]_
k|fylds k'FhL -clwsGo'g_ - ================= k|ltztn]_
107
o; jif{
ut jif{
cg';"rL $=#) -s_
===========================lnld6]8
hf]lvd efl/t ;DklQ ljj/0f tflnsf -v / u ju{sf] nflu_
- ====================== c;f/ d;fGt_
o; jif{
laa/0f
-s_ jf;nft adf]lhdsf] ;DklQ
ef/
(On-Balance-sheet Assets)
gub df}Hbft
;'g -ljlgdo of]Uo_
g]kfn ;/sf/sf] C0fkqdf u/]sf]] nufgL
g]kfn /fi6 a}+s C0fkqdf u/]sf]] nufgL
cfg} d'2ltd'2lt /l;bsf] lwtf]df k"0f{ ;'/lIft x'g]u/L k|bfg u/]sf]] d'2ltd'2lt /l;b
lwtf] shf{
;/sf/L C0f kqsf] lwtf]df k"0f{ ;'/lIft x'g] u/L k|bfg u/]sf]] shf{
art kqsf] kfpg' kg]{ Aofh /sd (Accrued Interest)
ljkGg ju{ shf{ cGtu{t u0fgf x'g] o'jf tyf ;fgf Joj;foL :j/f]huf/
sf]ifdf v / u ju{sf Ohfhtkqk|fKt ;+:yfn] hDdf u/]sf] /sd
:jb]zL a}+s tyf ljQLo ;+:yfx?df /x]sf] df}Hbftd'2lt /l;bsf] bfjL
(Claims)
20
cGo a}+s tyf ljQLo ;+:yfx?sf] d'2lt /l;bsf] lwtf]df k"0f{ ;'/lIft x'g] u/L
k|bfg u/]sf]] d'2lt /l;b lwtf] shf{
20
20
20
cGt/f{li6o >]0fLs[t (Rated) Ohfhtkqk|fKt ;+:yfsf] Uof/]06Ldf uPsf] shf{
20
cGt/f{li6o >]0fLs[t (Rated) a}+sdf u/]sf] cGo nufgL
20
cGt/ a}+s ;fk6L
20
;]o/, l8j]~r/ Pjd\ aG8df ePsf] nufgL
100
cGo nufgLx?
100
shf{, ;fk6 tyf laN; vl/bl8:sfp06 ;d]t -s'n /sd_
100
l:y/ ;DklQx?
100
Kffpg' kg]{ cGo v'b Aofh /sd
100
cGo ;a} ;DklQx? -v'b cu|Ld s/ bflvnf afx]s_
100
150
-s_ hDdf
-v_ jf;nft aflx/sf sf/f]af/x? (Off-balance sheet Items)
laN; sn]S;g
clu|d ljb]zL ljlgdo ;Demf}tf
!)
^ dlxgfeGbf sd cjlwsf] k|lttkq -k'/} /sd_
@)
108
/sd
hf]lvd
efl/t
;DklQ
ut jif{
/sd
hf]lvd
efl/t
;DklQ
cGt/f{li6o >]0fLs[t (Rated) ljb]zL Ohfhtkqk|fKt ;+:yfsf] sfp06/

Uof/]06Ldf hf/L u/]sf]] Uof/]06L
@)
^ dlxgfeGbf a9L cjlwsf] k|lttkq -k'/} /sd_
%)
lj8aG8, k/km/d]G; aG8 / k|Tofe"lt (Underwriting) ;DaGwL k|ltj4tf
%)
k'gM vl/b ug]{ zt{df laqmL u/]sf]] shf{
%)
clu|d e'QmfgL Uof/]06L (Advance payment Guarantee)
!))
!))
!))
!))
Acceptance
;lxt cGo ;a} k|sf/sf ;Defljt bfloTjx?
!))
k"gM l8:sfpG6 ul/Psf lanx
!))
!))
e'QmfgLsf nflu bfjL k/]sf] hdfgt (Unpaid Guarantee Claims)
@))
@))
-v_ hDdf
;~rfng hf]lvd jfkt sfod ug'{kg]{ /sd -u_
!))
s'n hf]lvd efl/t ;DklQ hDdf -s_ + -v_ -u_
cg';"rL $=#) -s!_
================================lnld6]8
k'FhLsf]if tflnsf -s ju{sf] nflu_
===================c;f/
/sd ? xhf/df
ljj/0f
@)= cfiff9d;fGt ut cf= a=
!=! hf]lvd efl/t ;DklQ
s= shf{ hf]lvd
v= ;~rfng hf]lvd
u= ahf/ hf]lvd
Pillar II cGtu{tsf] ;dfof]hg
hf]8M ^=$ -s_ -!)_ cg';f/ kof{Kt ;'rgf k|jfx gu/] afkt hf]lvd efl/t ;DklQsf] # k|ltzt
hf]8M ckof{Kt t/n ;DklQ afkt s'n lgIf]ksf] =====k|ltzt
s'n h.f]lvd efl/t ;DklQ -Pillar II cGtu{tsf] ;dfof]hg kl5_
!=@ k'FhL sf]if
k|fylds k'FhL (Tier I)
s= r'Qmf k'FhL
v= Ol/l8d]jn gg\ So'Do'n]l6e lk|km/]G; ;]o/
u= ;]o/ lk|ldod
3= k|:tfljt af]g; ;]o/
= ;fwf/0f hu]8f sf]if
r= ;l~rt gfkmf-gf]S;fg_ ut cf=j= ;Ddsf]
5= rfn' cf=j=sf] gfkmf-gf]S;fg_
h= k'FhL lkmtf{ ;dfof]hg sf]if
dm= k'FhL ;dfof]hg sf]if
`= nfef+z ;dLs/0f sf]if
6= C0fkq e'QmfgL sf]if
8= cGo :jtGq sf]ifx?
36fpg] M
s= Voflt jfktsf] /sd
109
v= :yug s/ ;DklQ
u= ckn]vg gul/Psf ljljw ;DklQ
3= Ohfht k|fKt ;+:yfdf ul/Psf] ;]o/ nufgL
= ljQLo :jfy{ /x]sf] sDkgLdf /x]sf] nufgL
r= ;LdfeGbf a9L nufgL
5= k|Tofe"lt (Underwriting) cGtu{t ul/Psf] nufgL
h= kf/:kl/s qm; xf]lN8+u
em= k|of]udf gcfPsf] tyf ;Ldf eGbf al9 vl/b u/]sf] 3/ hUuf
`= cGo
36fpg]M ^=$ -s_ -!_ cg';f/ ckof{Kt Joj:yf
36fpg]M ^=$ -s_ -@_ cGtu{t ;DalGwt kIfnfO{ tyf lgif]lwt If]qdf k|jflxt shf{ ;'ljwf
k'/s k'FhL (Tier II)
s= So''Do'n]l6e / l/l8d]jn lk|km/]G; ;]o/
v= ;'/If0f g/flvPsf] ;xfos cfjlws C0f
u= xfOla|8 k'FhL pks/0fx?
3= c;n shf{ gf]S;fgL Joj:yf
= ;6xL ;dLs/0f sf]if
r= nufgL ;dfof]hg sf]if
5= ;DklQ k"gd"{Nofg sf]if
h= cGo sf]if
!=# k'FhLsf]if cg'kft
k|fylds k'FhLs'n hf]lvd efl/t ;DklQ (Tier I)
k'FhL sf]ifs'"n hf]lvd efl/t ;DklQ (Tier I & Tier II)
110
cg';"rL 4=30 -v_

============================================================lnld^]*
=================c;f/sf]
shf{ hf]lvd -s ju{sf] nflu_
/sd ? xhf/df
u)fgf ug{
;lsg]
CRM
%
=
-
0
0
0
0
0
0
0
0
20
50
100
150
0
100
20
50
100
150
20
100
20
50
100
150
gub df}Hbft
g]kfn /fi^ a}sdf /x]sf] df}Hbft
;"g
g]kfn ;/sf/sf] C)fkqdf nufgL
g]kfn ;/sf/ pk/sf] ;Dk')f{ bfjL
g]kfn /fi^ a}+s C)fkqdf ul/Psf] nufgL
g]kfn /fi^ a}+s pk/sf] ;Dk')f{ bfjL
ljb]zL ;/sf/ tyf s]Gb|Lo a}+s pk/sf] bfjL (ECA rating 0-1)
ljb]zL ;/sf/ tyf s]Gb|Lo a}+s pk/sf] bfjL (ECA Rating -2)
ljb]zL ;/sf/ tyf s]Gb|Lo a}+s pk/sf] bfjL (ECA Rating -3)
ljb]zL ;/sf/ tyf s]Gb|Lo a}+s pk/sf] bfjL (ECA Rating 4-6)
ljb]zL ;/sf/ tyf s]Gb|Lo a}+s pk/sf] bfjL (ECA Rating-7)
BIS, IMF, ECB, EC / ax"kILfo ljsf; a}+sx? pk/sf] bfjL
cGo ax"klIfo ljsf; a}+sx? pk/sf] bfjL
;fj{hlgs ;+:yf pk/sf] bfjL (ECA Rating 0-1)
;fj{hlgs ;+:yf pk/sf] bfjL (ECA Rating -2)
tf]lsPsf] k"hLsf]if sfod ug]{ :jb]zL a}+s pk/sf] bfjL
tf]lsPsf] k"hLsf]if sfod gug]{ :jb]zL a}+s pk/sf] bfjL
ljb]zL a}+s pk/sf] bfjL (ECA Rating 0-1)
ljb]zL a}+s pk/sf] bfjL (ECA Rating -2)
tf]lsPsf] k'FhLsf]ifdf 1 k|ltzt eGbf a(Ln]
k"hLsf]if sfod ug]{ SAARC If]qleq :yfkgf ePsf ljb]zL
a}+s pk/sf] bfjL
:jb]zL ;+# ;+:yfx? pk/sf] bfjL
ljb]zL ;+# ;+:yfx? pk/sf] bfjL (ECA Rating 0-1)
ljb]zL ;+# ;+:yfx? pk/sf] bfjL (ECA Rating -2)
pkef]Uo tyf ;fgf shf{ -Regulatory Retail Portfolio)
-efvf ggf#]sf]]_
u|fg'nfl/^L ;Ldf afx]s cGo zt{ kfngf u/]sf] pkef]Uo tyf
;fgf shf{ -Regulatory Retail Portfolio except for Granularity)
cfjfl;o #/hUufaf^ ;"/lIft bfjL
cfjf;Lo #/hUufaf^ k')f{ ;"/lIft gePsf] bfjL
cfjf;Lo #/hUufaf^ ;"/lIft bfjL -efvf gf#]sf]]_
Jofkfl/s #/hUufaf^ ;"/lIft bfjL
e"QmfgL cjlw ;dfKt eO{;s]sf] bfjL -cfjf;Lo #/hUufaf^
;"/lIft bfjL afx]s_
20
100
20
50
100
150
75
100
60
150
100
100
150
150
pRr hf]lvdo"Qm bfjL
111
:^s PS;r]Ghdf ;'rLs[t sDkgLsf] ;]o/ / cGo k'hLut

pks/)fdf ePsf] nufgL
:^s PS;r]Ghdf ;'rLs[t gePsf] sDkgLsf] ;]o/ / cGo
k"hLut pks/)fdf ePsf] nufgL
cfjfl;o #/hUufaf^ ;"/lIft sd{rf/L shf{
k|fKt x"g"kg]{ Aofhg]kfn ;/sf/sf] lwtf]kqdf bfjL
dfu{:y gub tyf e"QmfgL k|fKt x"g] qmddf /x]sf] cGo gub
;DklQ
100
150
60
0
20
100
cGo ;DklQ
0
0
10
20
20
50
100
150
50
20
50
100
150
h"g;"s} a]nf lkmtf{ lng ;lsg] k|lta$tf

laN; sn]S;g
clu|d ljlgdo ;Demf}tf
6 dlxgfeGbf sd cjlwsf] k|lttkq :jb]zL sf/f]af/ kIf
ljb]zL sf/f]af/ kIf (counter party) (ECA 0-1)
ljb]zL sf/f]af/ kIf (counter party) (ECA -2)
6 dlxgfeGbf a(L cjlwsf] k|lttkq :jb]zL sf/f]af/ kIf
lj* j)*, k/km/d]G; j)*, sfp)^/ Uof/])^L :jb]zL sf/f]af/
kIf
k|Tofe'lt -Underwriting) ;DalGw k|lta$tf
a}+saf^ ;"/If)fsf] ?kdf k|bfg ul/Psf hdfgtx? -Lending of
50
20
50
100
150
50
100
Bank's Securities or Posting of Securities as collateral)
100
100
100
100
k"gM vl/b ;Demf}tf cGtu{tsf] shf{

clu|d e"QmfgL hdfgt
ljQLo hdfgt
:jLsf/ tyf b/lk& Acceptance and Endorsements
e"QmfgL gul/Psf] efu tyf cf+lzs e"QmfgL ul/Psf] ;]o/
tyf ;"/If)f -Unpaid portion of Partly paid shares and Securities)
ckl/jTo{ shf{ k|lta$tf %f]^f] cjlw
100
20
50
ckl/jTo{ shf{ k|lta$tf nfdf] cjlw
100
cGo ;Defljt bfloTjx?
200
e"QmfgLsf] nflu bfjL k/]sf hdfgt afktsf] ;+efljt bfloTj
Pillar II
cGtu{tsf] ;dfof]hg
hf]8M ^=$ -s_ -#_ cGtu{t k|lt u|fxs shf{ tyf ;'ljwf
;LdfeGbf a9L k|jflxt shf{ tyf ;'ljwfsf] !) k|ltzt
hf]8M ^=$ -s_ -$_ cGtu{t k'g :jLsf/ x'g]u/L laqmL
ul/Psf shf{x?sf] ! k|ltzt
Pillar II
cGtu{tsf] ;dfof]hg kl5_
112
cg';"rL 4=30-u_
============================================================lnld^]*
================c;f/
Credit Risk Mitigation (CRM) sf] nflu of]Uo /sd
cfgf]
a}+sdf
/x]sf]
lgIf]k
cGo
a}+sdf
/x]sf]
lgIf]k
;"g
gub df}Hbft
g]kfn /fi^ a}sdf /x]sf] df}Hbft
;"g
g]kfn ;/sf/sf] C)fkqdf nufgL
g]kfn ;/sf/ pk/sf] ;Dk')f{ bfjL
g]kfn /fi^ a}+s C)fkqdf ul/Psf] nufgL
g]kfn /fi^ a}+s pk/sf] ;Dk')f{ bfjL
ljb]zL ;/sf/ tyf s]Gb|Lo a}+s pk/sf] bfjL
(ECA Rating 0-1)

(ECA Rating -2)

(ECA Rating -3)

(ECA Rating 4-6)

(ECA Rating-7)
BIS, IMF, ECB, EC
/ ax"klIfo ljsf; a}+sx?
pk/sf] bfjL
cGo ax"klIfo ljsf; a}+sx? pk/sf] bfjL
tf]lsPsf] k'FhLsf]if sfod ug]{ :jb]zL a}+s
pk/sf] bfjL
tf]lsPsf] k'FhLsf]if sfod gug]{ :jb]zL a}+s
pk/sf] bfjL
tf]lsPsf] k"hLsf]ifdf 1 k|ltzt eGbf a(Ln]
k"hLsf]if sfod ug]{ SAARC If]qleq
:yfkgf ePsf ljb]zL a}+s pk/sf] bfjL
:jb]zL ;+# ;+:yfx? pk/sf] bfjL
113
-s ju{sf] nflu_
;/sf/
tyf
cGo
g]kfn
g]kfn
b]zsf] :jb]zL
/fi^ ;/sf/sf] ;/sf/sf] a}+ssf]
a}+s
hdfgt hdfgt hdfgt
/sd ? xhf/df
ljb]zL
ax"kIfLo
lasf;
a}+sx?
hdfgt
ljb]zL
a}+ssf]
hdfgt
tyf
;"/If)f

pkef]Uo tyf ;fgf shf{ -Regulatory Retail
Portfolio) efvf ggf#]sf]]_
pkef]Uo tyf ;fgf shf{ (Regulatory Retail
Portfolio -efvf gf#]sf]]_
u|fg'nfl/^L ;Ldf afx]s cGo zt{ kfngf
u/]sf] pkef]Uo tyf ;fgf shf{ -Regulatory
Retail Portfolio )
cfjfl;o #/hUufaf^ ;"/lIft bfjL

cfjfl;o #/hUufaf^ k')f{ ;"/lIft gePsf] bfjL
cfjfl;o #/hUufaf^ ;"/lIft bfjL -efvf
gf#]sf]]_
Jofkfl/s #/hUufaf^ ;"/lIft bfjL
e"QmfgL cjlw ;dfKt eO{;s]sf] bfjL
-cfjfl;o #/hUufaf^ ;"/lIft bfjL afx]s_
pRr hf]lvdo'Qm bfjL
:^s PS;r]Ghdf ;'rLs[t sDkgLsf] ;]o/ /
cGo k"hLut pks/)fdf ePsf] nufgL
:^s PS;r]Ghdf ;'rLs[t gePsf] sDkgLsf]
;]o/ / cGo k"hLut pks/)fdf ePsf]
nufgL
cGo ;DklQ
h"g;"s} a]nf lkmtf{ lng ;lsg] k|lta$tf

laN; sn]S;g
clu|d ljlgdo ;Demf}tf
6 dlxgf eGbf sd cjlwsf] k|lttkq
:jb]zL sf/f]af/ kIf
6 dlxgf eGbf a(L cjlwsf] k|lttkq
:jb]zL sf/f]af/ kIf
lj* j)*, k/km/d]G; j)*, sfp)^/ Uof/])^L
:jb]zL sf/f]af/ kIf
bfjL k/]sf] tyf e"QmfgL gul/Psf hdfgt
k|Tofe'lt (Underwriting) ;DalGw k|lta$tf
a}+saf^ ;"/If)fsf] ?kdf k|bfg ul/Psf
hdfgtx? -Lending of Bank's Securities or Posting
of Securities as collateral)
k"g vl/b ;Demf}tf cGtu{tsf] shf{

clu|d e"QmfgL hdfgt
ljQLo hdfgt
114
:jLsf/ tyf b/lk& -Acceptance and

Endorsements)
e"QmfgL gul/Psf] efu tyf cf+lzs e"QmfgL

ul/Psf] ;]o/ tyf ;"/If)f -Unpaid portion of
Partly paid shares and Securities)
ckl/jTo{ shf{ k|lta$tf %f]^f] cjlw

ckl/jTo{ shf{ k|lta$tf nfdf] cjlw
tf]lsPsf] k"hLsf]ifdf 1 k|ltzt eGbf a(Ln]
k"hLsf]if sfod ug]{ SAARC If]qleq
:yfkgf ePsf ljb]zL a}+s pk/sf] bfjL
cGo ;Defljt bfloTjx?
cg';"rL 4=30 -#_

============================================================lnld^]*
=================c;f/
;~rfng hf]lvd -s ju{sf] nflu_
/sd ? xhf/df
v"b Aofh cfDbfgL

sldzg tyf l*:sfp)^
cGo ;~rfng vr{
;^xL #â( cfDbfgL
o; jif{sf] yk Aofh d"NtjL lx;fj
15%
x
=
(Reciprocal of capital requirement)
= x
15%
15%
10
^=$ -c_ -*_ cg';f/ ut tLg jif{sf] s'n cfDbfgL C0ffTds ePdf
k'FhL
10
(Reciprocal of capital requirement of 10%)

= +
115
cg';"rL 4=30 -_
============================================================lnld^]*
========================c;f/
ahf/ hf]lvd -s ju{sf] nflu_
/sd ? xhf/df
ljb]zL d"b|fsf] ljb]zL d"b|fsf] ljb]zL d"b|fsf]
v"b cj:yf v"b cj:yf ;fGble{s v"b
-la=d'=_
-g]=?=_
cj:yf -g]=?=_
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
ef/tLo ?lkof
cd]l/sL *n/
o"/f]
kfpG* :^ln{*
l:j; km|}+s
c:^]lnog *n/
Sofg]l*og *n/
l;+ufk"/ *n/
hfkfgL o]g
lrlgof o"cfg
;fpbL c/a l/ofn
stf/L l/ofn
yfO{ ef^
;+o"Qm c/a Old/]^ lb/fd
dn]l;og l/+lu^
l:jl*; qmf]g/
*]lg; qmf]g/
x*s *n/
Total Open Position
5%
k'FhL
=
x
(Reciprocal of capital requirement)
=
10
x
116
cg';"rL $=#!
===============lnld6]8
k|d'v ;'rsfF
sDtLdf ljut % jif{sf kl/;"rsx
ljj/0f
1=
2=
3=
4=
5=
6=
7=
8=
9=
10=
11=
12=
13=
14=
15=
16=
17=
18=
19=
20=
v'b gfkmfs'n cfDbfgL k|ltzt

k|lt ;]o/ cfDbfgL
k|lt ;]o/ ahf/ d"No
d'No cfDbfgL cg'kft (PE Ratio)
;]o/ k'FhLdf nfef+z -af]g; ;lxt_
;]o/ k'FhLdf gub nfef+z e'QmfgL
Aofh cfDbfgLshf{ tyf ;fk6
sd{rf/L vr{s'n ;~rfng vr{
s'n lgIf]k tyf ;fk6Ldf Aofh vr{
;6xL 36a6 cfDbfgLs'n cfDbfgL
sd{rf/L af]g;s'n sd{rf/L vr{
v'b gfkmfshf{ ;fk6
v'b gfkmfs'n ;DklQ
s'n shf{lgIf]k
s'n ;~rfng vr{s'n ;DklQ
hf]lvd efl/t ;DklQdf k'FhLsf]ifsf] kof{Kttf
-s_ k|fylds k'FhL
-v_ k'/s k'FhL
-u_ s'n k'FhL sf]if
t/ntf (CRR)
lgliqmo shf{s'n shf{
cfwf/ Aofhb/ -Base Rate_
Aofh b/ cGt/ (Weighted Average Interest
;'rsf
k|ltzt
=
=
cg'kft
k|ltzt
k|ltzt
k|ltzt
k|ltzt
k|ltzt
k|ltzt
k|ltzt
k|ltzt
cg'kft
k|ltzt
k|ltzt
k|ltzt
k|ltzt
k|ltzt
cg'kft
k|ltzt
k|ltzt
k|ltzt
Rate Spread)
21=
22=
23=
24=
a's g]6jy{
s'n ;]o/
s'n sd{rf/L
cGo
=
;+Vof
;+Vof
117
cf=a=
==========
cf=a=
==========
cf=a=
==========
cf=a=
==========
cf=a=
==========
cg';"rL $=#@
k|d'v n]vf gLltx?
jflif{s n]vf ljj/0fx?;Fu k|sflzt ug'{ kg]{ .
cg';"rL $=##
n]vf ;DaGwL l6Kk0fLx?
jflif{s n]vf ljj/0fx?;Fu k|sflzt ug'{ kg]{ .
cg';"rL 4=34
============================================== lnld6]8
;+:yfks;+:yfks ;d'xsf ;]o/wgLn] cfgf] :jfldTjdf /x]sf] ;]o/ cGo a}+s tyf ljQLo
;+:yfdf lwtf] /fvL shf{ lnPsf] ljj/0f
qm=
;+=
;+:yfks;+:ks
;d'x cGtu{t
kg]{ ;]o/wgLsf]
gfd
;+:yfkssf] :jfldTjdf
sfod /x]sf] ;]o/
s'n
lsQf
;+Vof
s'n r'Qmf
k'FhLsf]
k|ltzt
shf{ ljj/0f
shf{ lnPsf] cGo
a}+s ljQLo ;+:yfsf]
gfd
!=
@=
118
shf{ /sd
lwtf]df /x]sf]
;]o/ lsQf ;+Vof
s}lkmot
cg';"rL 4=35
.......................................... Bank/Financial Institution Ltd.
Comparison of Unaudited and Audited Financial Statement as of FY ...../...
Rs in '000
S.No.
Particulars
1
1.1
1.2
1.3
1.4
1.5
Total Capital and Liabilities (1.1 to 1.7)

Paid up Capital
Reserve and Surplus
Debenture and Bond
Borrowings
Deposits (a+b)
a. Domestic Currency
b. Foreign Currency
Income Tax Liability
Other Liabilities
Total Assets (2.1 to 2.7)
Cash and Bank Balance
Money at Call and Short Notice
Investments
1.6
1.7
2
2.1
2.2
2.3
2.4
As per
Unaudited
Financial
Statement
Loans and Advances (a+b+c+d+e)

a. Real Estate Loan
1. Residential Real Estate Loan (Except
Personal Home Loan upto Rs. 1 crore)
2. Business Complex & Residential
APartment Construction Loan
3. Income Generating Commercial
Complex Loan
4. Other Real Estate Loan (Including Land
purchase & Plotting)
b. Personal Home Loan of Rs. 1 crore or Less
c. Margin Type Loan
d. Term Loan
e. Overdraft Loan/TR Loan/WC Loan
f. Others
Fixed Assets
Non Banking Assets
Other Assets
Profit and Loss Account
Interest Income
Interest Expense
A. Net Interest Income (3.1 - 3.2)
3.3 Fees, Commission and Discount
3.4 Other Operating Income
3.5 Foreign Exchange Gain/Loss (Net)
B. Total Operating Income (A+3.3+3.4+3.5)
3.6 Staff Expenses
3.7 Other Operating Expenses
C. Operating Profit Before Provision (B -3.6 - 3.7)
3.8 Provision for Possible Losses
D. Operating Profit (C -3.8)
3.9 Non Operating Income/Expenses (Net)
3.10 Write Back of Provision for Possible Loss
E. Profit from Regular Activities (D+3.9+3.10)
3.11 Extraordinary Income/Expenses (Net)
F. Profit before Bonus and Taxes (E +3.11)
3.12 Provision for Staff Bonus
3.13 Provision for Tax
G. Net Profit/Loss (F - 3.12 - 3.13)
2.5
2.6
2.7
3
3.1
3.2
119
Variance
As per Audited
In Amount In %
Financial
Statement
Reasons for
Variance
cg";'lr $=c
...................... Limited
Unaudited Financial Results (Quarterly)
As at ........... Qujrter (...../...../200...) of the Fiscal Year 200.../200...
Rs. in '000
This Quater Previous Quarter Corresponding Previsous
Ending
Ending
Year Quarter Ending
S.No.
Particulars
1
1.1
1.2
1.3
1.4
1.5
Total Capital and Liabilities (1.1 to 1.7)

Paid up Capital
Reserve and Surplus
Debenture and Bond
Borrowings
Deposits (a+b)
a. Domestic Currency
b. Foreign Currency
Income Tax Liability
Other Liabilities
Total Assets (2.1 to 2.7)
Cash and Bank Balance
Money at Call and Short Notice
Investments
Loans and Advances (a+b+c+d+e)
a. Real Estate Loan
1. Residential Real Estate Loan (Except Personal Home Loan
upto Rs. 1 crore)
2. Business Complex & Residential APartment Construction
Loan
3. Income generating Commercial Complex Loan
4. Other Real Estate Loan (Including Land purchase & Plotting)
b. Personal Home Loan of Rs. 1 crore or Less
c. Margin Type Loan
d. Term Loan
e. Overdraft Loan/TR Loan/WC Loan
f. Others
Fixed Assets
Non Banking Assets
Other Assets
1.6
1.7
2
2.1
2.2
2.3
2.4
2.5
2.6
2.7
3
Up to This
Quarter
Profit and Loss Account
Up to Previous
Quarter
Up to Corresponding
Previous Year Quarter
Interest Income
Interest Expense
A. Net Interest Income (3.1 - 3.2)
Fees, Commission and Discount
3.3
3.4
Foreign Exchange Gain/Loss (Net)
3.5
B. Total Operating Income (A+3.3+3.4+3.5)
Staff Expenses
3.6
Other Operating Expenses
3.7
C. Operating Profit Before Provision (B -3.6 - 3.7)
Provision for Possible Losses
3.8
D. Operating Profit (C -3.8)
Non Operating Income/Expenses (Net)
3.9
3.1O Write Back of Provision for Possible Loss
E. Profit from Regular Activities (D+3.9+3.10)
3.11 Extraordinary Income/Expenses (Net)
F. Profit before Bonus and Taxes (E +3.11)
3.12 Provision for Staff Bonus
3.13 Provision for Tax
G. Net Profit/Loss (F - 3.12 - 3.13)
3.1
3.2
4
4.1
4.2
4.3
4.4
4.5
4.6
At the End
At the End of
At the End of
of This
Corresponding Previous
Previous Quarter
Quarter
Year Quarter
Ratios
Capital Fund to RWA
Non Performing Loan (NPL) to Total Loan
Total Loan Loss Provision to Total NPL
Cost of Funds
Credit to Deposit Ratio (Calculated as per NRB Directives)
Base Rate
120
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= %)&@
sf/f]af/df lglxt hf]lvd Go"gLs/)f ug]{ ;DaGwL Joj:yf .
o; a}s
+ af6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfsf] sf/f]af/df lglxt t/ntf, Aofhb/, ljb]zL
ljlgdo tyf shf{ ;DaGwL hf]lvdnfO{ Go'gLs/0f ug]{ ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf]
clwsf/ k|of]u u/L of] lgb]{zg lbOPsf] 5 .
!=
@=
hf]lvd jlu{s/0f
Ohfhtkqk|fKt ;+:yfx?n] cfgf] sf/f]af/;Fu ;DalGwt hf]lvdnfO{ cg'udg ug]{ k|of]hgsf] nflu hf]lvdnfO{
b]xfo adf]lhd jlu{s/0f ug'{ kg]{5 M
-s_ t/ntf ;DaGwL hf]lvd .
-v_ Aofhb/ ;DaGwL hf]lvd .
-u_ ljb]zL ljlgdo ;DaGwL hf]lvd .
-3_ shf{ tyf nufgL ;DaGwL hf]lvd .
-_ ;~rfng hf]lvd .
t/ntf ;DaGwL hf]lvd Go'gLs/0f ug{ ug'{ kg]{ Joj:yf
-!_ t/ntf ;DaGwL hf]lvd Go'gLs/0f ug{ Ohfhtkqk|fKt ;+:yfn] cfgf] ;DklQ tyf bfloTjnfO{ e'QmfgL
cjlw (Maturity Period) sf] cfwf/df ljleGg ;do cGt/fn (Time Interval) df jlu{s/0f ug'{
kg]{5 . o; k|of]hgsf] lgldQ ;+nUg lgb]{zg kmf=g+= %=! adf]lhdsf] t/ntf ljj/0f (Liquidity
Profile) q}dfl;s ?kdf tof/ u/L qodf; -c;f]h, k';, r}t / c;f/ d;fGt_ ;dfKt ePsf] kGw|
lbgleq o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 .
-@_ Ohfhtkqk|fKt ;+:yfn] ;DklQ tyf bfloTjsf] e'QmfgL cjlwsf] cfwf/df lgDgfg';f/ ;do cGt/fnsf]
jlu{s/0f ug'{ kg]{5 .
-s_ () lbg ;Ddsf] e'QmfgL cjlw ePsf ;DklQ tyf bfloTj .
-v_ gAa] lbg eGbf a9L !*) lbg;Ddsf] e'QmfgL cjlw ePsf ;DklQ tyf bfloTj .
-u_ !*) lbg eGbf a9L @&) lbg;Ddsf] e'QmfgL cjlw ePsf ;DklQ tyf bfloTj .
-3_ @&) lbg eGbf a9L ! jif{ ;Ddsf] e'QmfgL cjlw ePsf ;DklQ tyf bfloTj .
-_ ! jif{ eGbfa9L e'QmfgL cjlw ePsf ;DklQ tyf bfloTj .
-#_ lglZrt e'QmfgL cjlw ePsf ;DklQ tyf bfloTjnfO{ pka'Fbf -@_ adf]lhdsf] ;do cGt/fndf
;dfj]z ug'{ kg]{5 .
-$_ Ohfhtkqk|fKt ;+:yfsf] lglZrt e'QmfgL cjlw gePsf rNtL tyf art lgIf]k h:tf bfloTj dWo]
k|fylds lgIf]ksf] ?kdf /x]sf / Go'gtd sfod ug'{kg]{ df}Hbftsf] c+z;Ddsf] /sd Ps jif{ eGbf a9L
cjlwsf] ;do cGt/fnleq ;dfj]z ug'{ kg]{5 . rNtL lgIf]ksf] pQm c+zsf] oyfy{ cg'dfg
Ohfhtkqk|fKt ;+:yf :jo+n] ug'{ kg]{5 . ;fdfGotM :yfoL ?kdf /lx/xg] rNtL lgIf]ksf] c+znfO{
k|fylds lgIf]ksf] ?kdf lng' kg]{5 .
-%_ Ohfhtkqk|fKt ;+:yfx?sf] t/ntf ;DaGwL hf]lvdnfO{ Go'gLs/0f ug]{ p2]Zon] a}+sljQLo ;+:yfx?sf]
;|f]t kl/rfng -:jb]zL d'b|fdf ePsf] lgIf]k tyf k|fylds k'\FhL_ df :jb]zL d'b|fdf k|jfx ePsf] shf{
;fk6sf] c+z *) k|ltzt gf3\g gx'g] u/L ;Ldf tf]lsPsf] 5 . t/,
121
#=
-s_ s'g} a}+s tyf ljQLo ;+:yfn] k'g/shf{ pkof]u u/]sf] ePdf ;f] /sd o; k|of]hgsf] nflu shf{
;fk6af6 36fpg ;lsg]5 .
-v_ a}+s tyf ljQLo ;+:yfn] ljb]zL d'b|fdf # jif{ jf ;f] eGbf a9L cjlwsf] bL3{sfnLg C0f lnO{ shf{
k|jfx u/]sf] ePdf To:tf] bL3{sfnLg C0f /sdnfO{ o; v08sf] k|of]hgsf] nflu ;|f]t kl/rfngdf
u0fgf ug{ ;lsg] 5 .
-u_ tf]lsPsf] shf{ sfo{qmd ;~rfng ug{ a}+s tyf ljQLo ;+:yfn] g]kfn ;/sf/ jf cGt/f{li6o
lgsfoaf6 # jif{ jf ;f] eGbf a9L cjlwsf] nflu :jb]zL d'b|fdf k|fKt C0faf6 k|jfx ePsf] shf{
a/fa/sf] /sd o; v08sf] k|of]hgsf] nflu ;|f]t kl/rfngdf u0fgf ug{ ;lsg]5 .
Aofhb/ hf]lvd Go'gLs/0f ug'{ kg]{ Joj:yf
-!_ Ohfhtkqk|fKt ;+:yfn] Aofhb/af6 pTkGg x'g] hf]lvdnfO{ Go'gLs/0f ug{ b]xfo adf]lhdsf pkfox?
cjnDag ug'{ kg]{5 M
-s_ Aofhb/df ePsf] kl/jt{gsf sf/0f k|efljt x'g] ;DklQx? tyf bfloTjx? (Interest Sensitive
Assets and Liabilities) nfO{ dfq ;DklQ tyf bfloTjdf ;dfj]z ug'{ kg]{5 .
-v_ ;fdfGotM ;DklQ tyf bfloTjsf] e'QmfgL cjlw ldnfg gx'g] (Maturity Mismatch) cj:yfsf]
cGt/ ljZn]if0f -Gap Analysis_ ubf{ gub df}Hbft (Cash Balance) / Aofh e'QmfgL lbg' gkg]{
(Non-interest Bearing Account) vftfsf] /sd ;dfj]z ug{ kfOg] 5}g .
-u_ Ohfhtkqk|fKt ;+:yfn] Aofhb/ hf]lvdnfO{ Jojl:yt tyf Go'gLs/0f ug{ ;+nUg lgb]{zg
kmf=g+=%=@ adf]lhdsf] ljj/0f q}dfl;s -c;f]h, k';, r}t / cfiff9d;fGt_ ?kdf tof/ u/L
qodf; ;dfKt ePsf] !% lbgleq o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug{' kg]{5 .
-@_ Aofhb/ hf]lvdsf] cg'udg ug{ lnOg' kg]{ ;do cGt/fn (Time Interval) sf] jlu{s/0f ubf{ bkmf @
cg';f/ ug'{ kg]{5 .
-#_ lglZrt e'QmfgL cjlw (Fixed Maturity Period) gePsf ;DklQ tyf bfloTjnfO{ b]xfo adf]lhd
;dfj]z ug'{ kg]{5 M
-s_ lglZrt e'QmfgL cjlw gePsf ;DklQx?
-!_ cfjlws ?kdf Aofhb/ ;dfof]hg x'g] u/L k|jfx ul/Psf] shf{ (Floating rate loan with
interest adjusted periodically) nfO{ h'g cjlwdf Aofhb/ ;dfof]hg ul/G5, ;f]xL ;do
cGt/fn leq ;dfj]z ug'{ kg]{5 .
-@_ s'g} Aofhb/ ljz]if kl/jt{g;Fu ;dfof]hg x'g] -h:t}M 6]h/L lansf] Aofhb/_ u/L k|jfx
ul/Psf] cfjlws shf{nfO{ ;a}eGbf sd cjlwsf] ;do cGt/fn leq ;dfj]z ug'{ kg]{5 .
-v_ lglZrt e'QmfgL cjlw gePsf bfloTjx?
Aofhb/df ePsf] kl/jt{gsf sf/0f k|efljt x'g] lglZrt e'QmfgL cjlw gePsf bfloTjx?
(Interest Sensitive, Floating Rate Liabilities) nfO{ dfq h'g cjlwdf Aofhb/ ;dfof]hg
ul/G5, ;f]xL ;do cGt/fnleq ;dfj]z ug'{ kg]{5 .
-$_ cGt/ (Gap) dfkg b]xfo adf]lhd ug'{ kg]{5 M
-s_ ljleGg ;do cGt/fnsf s'n ;DklQaf6 s'n bfloTj 36fP/ ;f] ;do cGt/fnsf] ;DklQ tyf
bfloTjsf] cGt/ (Gap) lgwf{/0f ug'{kg]{5 . pQm cGt/ (Gap) wgfTds (Positive) cyjf
C0ffTds (Negative) b'j} x'g ;Sg]5 .
-v_ Aofhb/ hf]lvd Go'g ug]{ k|of]hgsf] lgldQ k|To]s ;do cGt/fnsf] ;l~rt cGt/ (Cumulative
Gap) ;d]t lgwf{/0f ug'{kg]{5 . ;l~rt cGt/ lgwf{/0f ubf{ h'g ;do cGt/fnsf] ;l~rt cGt/
lgwf{/0f ug'{kg]{ xf] ;f] ;do cGt/fnsf] cGt/ (Gap) ;lxt ;f] eGbf cl3sf ;do cGt/fnsf
cGt/nfO{ ;d]t hf]8]/ /fVg' kg]{5 .
-u_ Aofhb/df x'g ;Sg] ;Defljt kl/jt{gnfO{ cg'dfg (Estimate) ug'{kg]{5 . ;f] k|of]hgsf] nflu
;fdfGotof ! k|ltztn] Aofhb/ kl/jt{gaf6 kg{ hfg] c;/nfO{ x]g{ ;lsg]5 .
122
-3_ kl/jt{g x'g] cg'dfg ul/Psf] Aofhb/ pkv08 -u_ adf]lhd k|To]s ;do cGt/fnsf]
;dofjlw;Fu ;dfof]lht x'g] u/L lgwf{/0f ug'{kg]{5 . ;f] k|of]hgsf] lgldQ Aofhb/df x'g]
;dfof]lht Aofhb/ (IRC) kl/jt{gnfO{ b]xfosf] cg'kftn] u'0fg ug'{ kg]{5 M
;do cGt/fndf /x]sf lbg #^% lbg
h:t} M ! k|ltztn] Aofhb/ kl/jt{g ePdf, () lbgsf] ;do cGt/fn x'Fbf
Interest Rate Change (IRC) = ()#^% )=)!
$=
= )=))@%
-_ Aofhb/df ePsf] kl/jt{gsf sf/0f a}+ssf] gfkmfgf]S;fgdf kg{ uPsf] c;/nfO{ x]g{ ljleGg
;do cGt/fnsf] ;l~rt cGt/fn (Cumulative Gap) nfO{ pkv08 -3_ adf]lhd lgwf{/0f ul/Psf]
Aofhb/n] u'0fg u/L lgwf{/0f ug'{ kg]{5 .
ljb]zL ljlgdo ;DaGwL hf]lvd Go'gLs/0f ug'{ kg]{ Joj:yf
-!_ ljb]zL ljlgdo b/df cfpg] ;Defljt kl/jt{gaf6 Ohfhtkqk|fKt ;+:yfsf] ljQLo cj:yfdf kg{ ;Sg]
c;/nfO{ cg'udg ug]{ p2]Zon] ;+nUg lgb]{zg kmf=g+=%=# adf]lhdsf] ljj/0f dfl;s ?kdf dlxgf
ljt]sf] & lbgleq o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 .
-@_ Ohfhtkqk|fKt ;+:yfn] ljb]zL ljlgdo b/df cfpg] kl/jt{gaf6 pTkGg x'g;Sg]] hf]lvdnfO{ Go'gLs/0f
ug{ o; a}+sn] hf/L u/]sf] n]vf ;DaGwL gLlt tyf ljQLo ljj/0fx?sf] 9fFrf ;DaGwL lgb]{zg -O=k|f
lgb]{zg g+= $_ df pNn]v eP adf]lhdsf] ;6xL 36j9 sf]if sfod /fVg' kg]{5 .
-#_ Ohfhtkqk|fKt ;+:yfn] cNksfnLg tyf bL3{sfnLg e'QmfgL cjlwsf cfwf/df ljb]zL ljlgdonfO{
d'b|fut ?kdf jlu{s/0f u/L b'j} cjlwsf] v'b cj:yf (Net Position) b]vfpg' kg]{5 .
:ki6Ls/0f M o; k|of]hgsf] nflu cNksfnLg cjlw eGgfn] ! dlxgf jf ;f]eGbf sd cjlw ;Demg'
k5{ .
%=
^=
-$_ Ohfhtkqk|fKt ;+:yfsf] ljb]zL ljlgdosf] b}lgs v'b cj:yf a9Ldf k|fylds k'FhLsf] #) k|ltzt;Dd
x'g] u/L ;Ldf sfod ul/Psf] 5 . v'b cj:yf pQm ;Ldf eGbf a9L x'g uPdf Ohfhtkqk|fKt ;+:yf
:jo+n] To:tf] cj:yfnfO{ ;Ldf leq Nofpg k|of; ug'{ kg]{5 . ! dlxgfleq klg Ohfhtkqk|fKt
;+:yfn] v'b cj:yfnfO{ ;Ldfleq gNofPdf g]kfn /fi6 a}+s P]g, @)%* adf]lhd sf/jfxL x'g]5 . v'b
cj:yf u0fgf ubf{ kl/jTo{ ljb]zL d'b|f lgIf]k bfloTj (Foreign Currency Deposit Liablility) tyf
clu|d ljb]zL ljlgdo vl/blaqmL /sd ;d]tnfO{ ;dfof]hg u/]sf] x'g' kb{5 .
shf{ tyf nufgL ;DaGwL hf]lvd Go'gLs/0f ug'{ kg]{ Joj:yf
o; a}+saf6 hf/L ul/Psf] shf{ ;fk6sf] jlu{s/0f / shf{ gf]S;fgL ;DaGwL Joj:yf - O=k|f=lgb]{zg g+= @ _
/ Psn u|fxs tyf If]qut shf{ ;fk6 / ;'ljwfsf] ;Ldf lgwf{/0f ;DaGwL Joj:yf - O=k|f=lgb]{zg g+= #_
tyf nufgL ;DaGwL Joj:yff -O=k|f=lgb]{zg g+= *_ nfO{ g} shf{ tyf nufgL ;DaGwL hf]lvd Go'gLs/0f ug]{
cfwf/sf] ?kdf lng' kg]5
{ .
;~rfng hf]lvd Go'gLs/0f ;DaGwL Joj:yf
-s_ Ohfhtkqk|fKt ;+:yfx?n] cfgf] sf/f]af/;Fu ;DalGwt ;~rfng hf]lvdnfO{ Joj:yfkg ug{
k|efjsf/L cfGtl/s lgoGq0f k|0ffnL tyf ;'rgf k|0ffnLsf] ljsf; ug'{kg]{5 . ;fy}, cfGtl/s
n]vfkl/Ifsn] k|To]s zfvfljefusfof{nosf] n]vfk/LIf0f k|ltj]bgdf ;~rfng hf]lvdnfO{
k|efjsf/L ?kdf Joj:yfkg ug{ cjnDag ePsf pkfox?sf] k|ofKttfsf] ;DaGwdf ;d]t
l6Kk0fLk|lts[of ;dfj]z u/]sf] x'g'kg]{5 .
-v_ ;'rgf k|ljlwaf6 x'g ;Sg] ;~rfng hf]lvdnfO{ Go'gLs/0f ug]{ Joj:yfnfO{ a9L k|efjsf/L agfO{
;f]sf] lg/LIf0f tyf ;'kl/j]If0fnfO{ Jojl:yt ug{ ;'rgf k|ljlw ;DaGwL dfu{bz{g -Information
Technology Guidelines_ hf/L ul/Psf] 5 .
;fy}, ;f] dfu{bz{g adf]lhd jflif{s ?kdf ;'rgf k|0ffnLsf] n]vfk/LIf0f ug'{kg]{ Joj:yf /x]sf] ;Gbe{df
klxnf] k6ssf] nflu jfl0fHo a}+sx?n] lj:t[t ?kdf ljBdfg ;'rgf k|0ffnLsf] n]vfk/LIf0f ;DkGg
u/fO{ @)&! k'; d;fGtleq ;f]sf] k|ltj]bg o; a}+ssf] a}+s ;'kl/j]If0f ljefudf k]z ug'{kg]{ 5 .
To;kZrft ;f] dfu{bz{gdf pNn]v eP adf]lhd lgoldt ?kdf To:tf] n]vfk/LIf0f u/fpg' kg]{5 .
123
&=
*=
(=
hf]lvd Joj:yfkg ;DaGwL dfu{bz{g

o; a}+saf6 Ohfhtkqk|fKt s ju{sf jfl0fHo a+}sx?sf] hf]lvd Joj:yfkgnfO{ ;jn agfpg hf]lvd
Joj:yfkg ;DaGwL dfu{bz{g -Risk Management Guidelines_ nfu" ul/Psf]n] tf]lsPsf] dfu{bz{g adf]lhd
hf]lvd Joj:yfkg ug{'u/fpg' kg]{5 .
bjfa k/LIf0f ;DaGwL dfu{bz{g
o; a}+saf6 s ju{sf a}+s / /fli6o:t/sf v / u ju{sf Ohfhtkqk|fKt ;+:yf :jo+n] tf]lsPsf]
bjfa k/LIf0f dfu{bz{g -Stress Testing Guidelines_ adf]lhd lgoldt ?kdf bjfj k/LIf0f -:6]; 6]li6_
ug]{ Joj:yf sfof{Gjog ug{'u/fpg' kg]{5 . ;fy}, ;f] dfu{bz{g adf]lhd bjfj k/LIf0f ug]{ ;Gbe{df lgDg
adf]lhdsf] yk Joj:yf ul/Psf] 5M
-s_
;DalGwt ;+:yfn] qodf; ljQLo ljj/0fsf cfwf/df bjfa k/LIf0f u/L To:tf] k/LIf0fsf] kl/0ffd
af/] ;~rfns ;ldlt tyf pRr Joj:yfkgdf 5nkmn ug'{kg]{5 .
-v_
To:tf] bjfa k/LIf0fsf] nflu o; a}+sn] tof/ u/]sf] Spreadsheet o; a}+ssf] ;DalGwt
;'kl/j]If0f ljefusf] u}/:ynut dxfzfvfdf ;Dks{ /fvL lng ;lsg]5 .
-u_
v08 -v_ adf]lhdsf] Spreadsheet df plNnlvt bjfa k/LIf0f;Fu ;DalGwt tYof Pjd\
kl/0ffd x/]s qodf; ljt]sf] #) lbgleq ;DalGwt ;'kl/j]If0f ljefusf] u}/:ynut dxfzfvfdf
pknAw u/fpg' kg]{5 .
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] Ohfhtkqk|fKt ;+:yfsf] sf/f]af/df lglxt hf]lvd Go'gLs/0f ug]{ ;DaGwL
Joj:yf O=k|f=lgb]{zg g+= %)&! adf]lhdsf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd
hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
124
Structural Liquidity
-?= nfvdf_
1=
2=
3=
4=
5=
6=
7=
8=
9=
gub df}Hbft
a}+s tyf ljQLo ;+:yfdf /x]sf] df}Hbft
ljb]zL a}+sdf ul/Psf] nufgL
sn dlg
10=
;/sf/L ;"/If)fkq
g]=/f=a}+s C)fkq
cGt/ a}+s tyf ljQLo ;+:yf shf{
shf{ ;fk^
kfpg" kg]{ Aofh
l/e;{ l/kf]
11=
12=
13=
k|lta$tf cGtu{t cGo ;+:yfx?af^ k|fKt x"g]

qm=;= 20, 21 / 22 sf ;"ljwfx?sf] e"QmfgL
cGo
14=
15=
16=
17=
18=
rNtL lgIf]k
art lgIf]k
d"@lt lgIf]k
C)fkqx?
;fk^L M
dfucNk ;'rgf
cGt/ a}+slj=;+:yf
k"g/shf{
cGo
19=
cGo bfloTj tyf Joj:yfx? M

;)*L qm]l*^;{
e"QmfgL lbg"kg]{ lan
e"QmfgL lbg"kg]{ Aofh
Joj:yfx?
cGo
k|lta$tf cGtu{t cGo ;+:yfx?nfO{ lbg"kg]{
pkef]u e}g;s]sf] :jLs[t ;"ljwfx?
k|lttkqhdfgt -v"b_
l/kf]
qm=;= 11 cGtu{tsf] ;"ljwfsf] e"QmfgL
cGo
20=
21=
22=
23=
24=
25=
v"b ;DklQ
;l~rt v"b ;DklQ
125
kfpg"kg]{ Aofh
l/e;{ l/kf]
k|lta$tf cGtu{t cGo
;+:yfx?af^ k|fKt x"g]
qm=;= 20, 21 / 22 sf
;'ljwfx?sf] e"QmfgL
cGo zLif{sx?
h"g ;dodf Aofh k|fKt x"g] xf], ;f]xL ;dosf] ;DalGwt Bucket df /fVg] .
e"QmfgL cjlw cg";f/sf] ;DalGwt Bucket df /fVg] .
h"g ;dodf ;"ljwf k|fKt x"g] ck]Iff ul/Psf] % ;f]xL ;dosf] ;DalGwt Bucket df /fVg] .
;)*L qm]l*^;{
e"QmfgL lbg"kg]{ lan
e"QmfgL lbg"kg]{ Aofh
Joj:yfx?*
1 b]lv 90 lbgsf] Bucket df /fVg] .

lglZrt e"QmfgL cjlw ePsf] cj:yfdf ;f]xL adf]lhd / gePsf] cj:yfdf 1 b]lv 90 lbgsf]
Bucket df /fVg] .
lautsf] Trend ljin]if)faf^ dfusf] Pattern cg"dfg u/L ;f]xL cg";f/sf] ;DalGwt Bucket df
/fVg] .
lautsf] Trend ljin]if)faf^ dfusf] Pattern cg"dfg u/L ;f]xL cg";f/sf] ;DalGwt Bucket df
/fVg] .
k|lttkqsf] xsdf e"QmfgL cjlw cg";f/sf] ;DalGwt Bucket df / hdfgtsf] xsdf lautsf]
Trend ljin]if)faf^ Claim Pattern :yflkt u/L cfpg] /sd hdfgtsf] cjlw ;dfKt x"g] Bucket
df /fVg] .
k|lta$tf cGtu{t cGo

;+:yfx?nfO{ lbg"kg]{
pkef]u eOg;s]sf]
:jLs[t ;"ljwfx?
k|lttkqhdfgt -v"b_
l/kf]
qm=;= 11 cGtu{tsf]
;'ljwfsf] e"QmfgL
cGo zLif{sx?
hdfgt afx]s cGo ;"lawfx?sf] xsdf e"QmfgL cjlw cg";f/sf] ;DalGwt Bucket df / hdfgtsf]
xsdf 1 jif{eGbf a(Lsf] Bucket df /fVg] .
PsLs[t lgb]{zgsf] lgb]{zg g+ 5 df Joj:yf ul/P adf]lhd ug]{ .
PsLs[t lgb]{zgsf] lgb]{zg g+ 5 df Joj:yf ul/P adf]lhd ug]{ .
;Defljt gf]S;fgL jfkt sfod ul/Psf Joj:yfx? afx]ssf vr{ zLif{s;Fu ;DalGwt Joj:yfx? .
g]=/f= a}+s lgb]{zg kmf=g+= 5=2
Aofhb/ ;DaGwL hf]lvd cg"udg tflnsf
Ohfhtkqk|fKt ;+:yfsf] gfdM

cjlw M
-=nfvdf_
cjlw ! ()
(! !*) !*! @&)
@&!
! jif{ eGbf s'n
ljj/0f
lbg
lbg
lbg
#^% lbg
a9L
/sd
!= s'n ;DklQ*
@= s'n bfloTj**
#= cGt/fn -! @_
$= ;l~rt cGt/fn
%= ;dfof]lht Aofhb/ (IRC)***
^= q}dfl;s d'gfkmf l:yltdf k|efj
-;l~rt cGt/fn x IRC)
&= ;l~rt d'gfkmf l:ylt km/s
-qm=;+= ^ sf] hf]8 ub}{ hfg]_
* s'n ;DklQ cGtu{t Aofhb/df ePsf] kl/jt{gsf sf/0f k|efljt x'g] ;DklQ (Interest Sensitive Assets) dfq ;dfj]z ug'{
kg]{5 .
** s'n bfloTj cGtu{t Aofhb/df ePsf] kl/jt{gsf sf/0f k|efljt x'g] bfloTj (Interest Sensitive Liabilities) dfq ;dfj]z ug'{
kg]{5 .
*** Interest Rate Change
126
g]=/f= a}+s lgb]{zg kmf=g+=%=#

ljb]zL ljlgdo ;DaGwL hf]lvd cg'udg tflnsf
Ohfhtkqk|fKt ;+:yfsf] gfd M
cjlwM
ljb]zL d'b|f
cNksfnLg
;DklQ
bfloTj
cNksfnLg
v'b cj:yf
bL3{sfnLg
;DklQ
o'= P;= 8n/

:6ln{ kfp08
hfkfgL o]g
o'/f]
cGo d'b|f
ef/tLo ?k}ofF
s'n
127
bfloTj
bL3{sfnLg
v'b cj:yf
-=nfvdf_
s'n
v'b
cj:yf
v'b
cj:yf
k|fylds
k'FhL
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= ^)&@
;+:yfut ;"zf;g ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] kfngf ug'{ kg]{ ;+:yfut ;'zf;g ;DaGwL
Joj:yf ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L
ul/Psf] 5 .
!= ;~rfnsn] kfngf ug'{ kg]{ cfr/0f ;DaGwL Joj:yf
-!_ Ohfhtkqk|fKt ;+:yfsf ;~rfnsn] Go'gtd :jLsf/of]Uo cfr/0f sfod ug'{ kg]{
-s_ ;~rfnsn] o; a}+sn] hf/L u/]sf] cfr/0f ;DaGwL Joj:yf kfngf ug]{ jrgj4tfkqdf x:tfIf/
ug'{ kg]{5 .
-v_ s'g} JolQm ;~rfnsdf lgo'Qm ePkl5 sfo{ef/ ;DxfNg'eGbf klxn] cfgf] ;+:yf;Fu ljQLo :jfy{
eP gePsf] s'/f ;~rfns ;ldltnfO{ lnlvt ?kdf hfgsf/L u/fpg' kg]{5 .
-u_ ;~rfnsn] a}+s jf ljQLo ;+:yfsf] Joj:yfkgsf] b}lgs sfdsf/jfxLdf x:tIf]k ug'{ xF'b}g .
-3_ ;~rfnsn]] cfgf] clwsf/ If]q gf3L u/]sf] sfdsf/jfxLk|lt ;~rfns :jo+ hjfkmb]xL x'g'
kg]{5 . To:tf] cj:yfdf ;+:yf pQ/bfoL x'g' kg]{5}g .
-@_ Ohfhtkqk|fKt ;+:yfsf] lxt ljkl/tsf ultljlwdf ;+nUg x'g gx'g]
-s_ ;~rfns k|ToIf jf ck|ToIf ?kdf ;+:yfsf] lxt ljkl/t x'g] s'g} klg lsl;dsf] ultljlwdf
;+nUg x'g' x'b}g .
-v_ ;~rfns lghsf] ljQLo :jfy{ /x]sf] u|fxs;Fusf] sf/f]af/df k|ToIf jf ck|ToIf ?kdf ;+nUg x'g'
x'Fb}g . s'g} u|fxs;Fu To:tf] ;~rfnssf] s'g} klg lsl;dn] :jfldTj, ;fe]mbf/ jf hdfgtstf{
eO{ C0f lng] jf lbg] ljifodf ljQLo :jfy{ ufFl;Psf] 5 eg] lgh ;~rfns kbdf axfn /xg
of]Uo dflgg] 5}g .
-u_ ;~rfns ;ldltn] lghsf] ljQLo :jfy{ ufFl;Psf] 5 egL k|dfl0ft gu/];Dd ;fj{hlgs ?kdf
lgisfzg ul/Psf ;]o/C0fkqx?sf] sf/f]af/sf] xsdf o; lsl;dsf] k|ltaGw nfu" x'g] 5}g .
-3_ sfo{sf/L k|d'vn] cfk"m cfj4 ePsf] Ohfhtkqk|fKt ;+:yfsf] Joj;fodf ;+nUg x'g'sf] cltl/Qm
o; a}+saf6 Ohfhtkqk|fKt cGo s'g}klg ;+:yf;Fu ;DalGwt Joj;fo ;~rfng u/]df klg
To;nfO{ ;+:yfsf] lxt ljkl/tsf] ultljlwsf] ?kdf lnOg] 5 .
-_ ;~rfnssf] Psf3/ kl/jf/sf ;b:on] lwtf]kq Joj;foL -bnfn, ahf/ lgdf{tf cflb_ sf] ?kdf
:yflkt ;+ul7t ;+:yfsf] bz k|ltzteGbf a9L :jfldTj u|x0f u/L lwtf]kq sf/f]af/df ;+nUg x'g
kfOg] 5}g .
-r_ ;~rfns jf ! k|ltzteGbf a9L ;]o/ lnPsf ;]o/wgL jf lghsf] kl/jf/sf] :jfldTjdf
/x]sf]ljQLo :jfy{ /x]sf] kmd{, sDkgL;Fu 3/ ef8f lnO{ sf/f]]jf/ ug{ kfOg] 5}g .
-#_ PseGbf a9L Ohfhtkqk|fKt ;+:yfsf] ;~rfns x'g gkfOg]
Pp6f ;+:yfdf ;~rfns /x]sf] JolQm Ps}k6s csf]{ Ohfhtkqk|fKt ;+:yf tyf ;xsf/L P]g, @)$*
cGtu{t ;+rflnt art tyf C0f ;xsf/L ;+:yf ;d]tsf] ;~rfns x'g kfOg] 5}g .
128
-$_
-%_
-^_
-&_
-*_
-(_
-!)_
t/, b]xfo cg';f/ x'g o; lgb]{zgn] afwf k'ofPsf] dflgg] 5}g .

-s_ g]kfn ;/sf/sf] nufgL ePsf Ohfhtkqk|fKt ;+:yfn] csf]{ Ohfhtkqk|fKt ;+:yfdf nufgL u/]sf]
sf/0fn] To:tf] Ohfhtkqk|fKt ;+:yfdf ;~rfns dgf]gog ug'{ kbf{ g]kfn ;/sf/sf] :jLs[lt lnO{
cfgf] s'g} ;~rfns To:tf] csf]{ Ohfhtkqk|fKt ;+:yfsf] ;~rfnsdf dgf]gog x'g,
-v_ gfkmf sdfpg] p2]Zo gePsf ;fdflhs ;]jfdf ;+nUg ;+:yfx? h:t}M wfld{s, z}lIfs, ;f+:s[lts,
k/f]ksf/L h:tf ;+:yfx?sf] lgodsf] kl/lwleq /xL ;~rfns x'g .
;+/Ifssf] x}l;otdf /xg gx'g]
;~rfnsn] u|fxssf] hdLg tyf hfoh]yf ;DaGwL sf/f]af/df k|zf;s jf ;+/Ifssf] x}l;otn] ;+nUg
x'g' x'Fb}g . olb o:tf] sfo{df ;+nUg eO{ u|fxssf] Ohfhtkqk|fKt ;+:yfdf /x]sf]] vftfdf x:tfIf/ ug]{
clwsf/ k|fKt u/]df ;~rfns ;ldltaf6 To;sf] lnlvt :jLs[lt lng' kg]{5 .
t/, Ohfhtkqk|fKt ;+:yfsf ;~rfnsx?n] n3'ljQ sf/f]af/ ug]{ 3 ju{sf] Ohfhtkqk|fKt ;+:yfdf
;+/Ifs jf ;Nnfxsf/sf] ?kdf dfq /xg afwf k'u]sf] dflgg] 5}g .
kbsf] b'?kof]u ug{ gx'g]
;~rfnsn] cfgf] kb / gfd b'?kof]u u/L s'g} klg lsl;dsf] JolQmut kmfObf x'g] lqmofsnfkdf
;+nUg x'g kfOg] 5}g . Ohfhtkqk|fKt ;+:yfsf ;~rfns / lghsf kl/jf/n] ;d]t lgh axfn /x]sf]
Ohfhtkqk|fKt ;+:yf;Fu sf/f]af/ ubf{ kfl/jfl/s ;DaGwnfO{ hf]8\g kfOg] 5}g . kl/jf/sf] ljj/0f
v'nfO{ To:tf kl/jf/n] Ohfhtkqk|fKt ;+:yfaf6 shf{ lng] ePdf ;f] ;DaGwL 5nkmn / lg0f{odf efu
lng kfOg] 5}g . ;fy}, ;fdfgx?sf] vl/b laqmL ubf{ ;]o/ nufot cGo k|Tofe"ltx?sf] sf/f]af/df
k|fyldstf kfpg jf lbgsf nflu kbsf] pkof]u ug{ kfOg] 5}g . o;}u/L ;'g, rfFbL, ljb]zL ljlgdo /
ljb]zL ;'/If0fkqx?sf] ;fkf ubf{ kbLo k|efj kfg{ kfOg] 5}g .
clen]v / k|ltj]bg k"0f{ Pjd\ b'?:t /fVg' kg]{
Ohfhtkqk|fKt ;+:yfsf] n]vf ;DaGwL clen]v / k|ltj]bg k"0f{ Pjd\ b'?:t ?kdf /fv]sf] x'g'kg]{5 .
;~rfnsn] Ohfhtkqk|fKt ;+:yfsf] cflwsfl/s n]vf ;DaGwL clen]v / sfuhftdf JolQmut ?kdf
yk36 ug{ kfOg] 5}g .
uf]klgotf sfod /fVg' kg]{
-s_ ;~rfnsn] u|fxssf] ;'rgf / sf/f]af/sf] uf]kgLotf sfod /fVg' kg]{5 . lgh ;~rfns kbaf6
lgj[Q eO;s]kl5 klg ;+:yfn] s'g} u|fxs;Fu u/]sf] uf]Ko sfo{ -Ohfhtkqk|fKt ;+:yfsf] lnlvt
:jLs[lt gePsf]df_, k|ltlnkL clwsf/, cGo kqfrf/, n]vf / u|fxs;Fu ePsf] cGo sf/f]af/sf]
ljj/0f cfgf] ljQLo :jfy{sf] nflu k|of]u ug{ kfOg] 5}g .
-v_ s'g} u|fxssf] Jofj;flos jf ljQLo ;'rgf u|fxssf] lnlvt :jLs[lt lnP/ cGo JolQm jf
;+:yfnfO{ lbg ;lsg] 5 .
t/, k|rlnt sfg'gsf] clwgdf /xL ljQLo sf/f]af/ ;DaGwL ljj/0fx? t];|f] kIfnfO{ pknAw
u/fpFbf uf]kgLotf e+u ePsf] dflgg] 5}g .
lgikIf / ;dfg Jojxf/ ug'{ kg]{
;~rfnsn] u|fxs;Fusf] ldqtf / ;DaGwaf6 k|efljt geO{ lgikIf Pjd\ ;dfgtfsf] cfwf/df
Jofj;flos Jojxf/ ug'{ kg]{5 .
lnlvt ?kdf hfgsf/L lbg' kg]{
Ohfhtkqk|fKt ;+:yfn] dfly n]lvP adf]lhdsf] cfr/0f ;DaGwL Joj:yf :jLsf/ u/L tyf cfjZos b]v]df
cfgf] cfGtl/s sfo{ k|0ffnLsf] nflu yk cfr/0f ;DaGwL Joj:yf ;d]t tof/ u/L o; a}+ssf] a}+s tyf
ljQLo ;+:yf lgodg ljefu / ;DjlGWft ;'kl/j]If0f ljefunfO{ lnlvt ?kdf hfgsf/L lbg' kg]{5 .
ljj/0f k]z ug'{ kg]{
;~rfnsn] o; lgb]{zgdf tf]lsPsf cfr/0fx? kfngf u/] gu/]sf] ljj/0f cfly{s jif{ ;dfKt ePsf]
kGw| lbgleq clgjfo{ ?kdf o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f
129
ljefudf k7fpg' kg]{5 . s'g} ;~rfnsn] pQm cfr/0fx?sf] kfngf gu/]df ;f] kfngf gu/]sf] ljj/0f
/ lghdfly ul/Psf] sf/jfxL o; a}+ssf pko{'Qm ljefux?df t'?Gt k7fpg' kg]{5 .
-!!_ ;~rfns ;ldltsf] ;b:o ;ldltsf] a}7sdf lgoldt ?kdf pkl:ylt x'g' kg]{5 . dgfl;j dflkmssf]
sf/0f tyf k'j{ ;'rgf lagf nuftf/ # k6seGbf a9L ;ldltsf] a}7sdf cg'kl:yt ePdf To:tf]
;~rfnssf] kb :jtM l/Qm ePsf] dflgg] 5 .
-!@_ Ps eGbf a9L JolQm Ohfhtkqk|fKt ;+:yfsf] ;~rfnssfo{sf/L k|d'v x'g gkfOg]
o; a}+saf6 Ohfhtkqk|fKt a+}s tyf ljQLo ;+:Yffdf Psf3/ kl/jf/, kmd{, sDkgL, ;+ul7t ;+:yf jf
Pp6} ;d'xsf] sDkgLaf6 Ps eGbf a9L JolQm ;~rfns jf sfo{sf/L k|d'v kbdf
dgf]goglgjf{rglgo'Qm x'g ;Sg] 5}g .
t/ n3'ljQ ljQLo sf/f]af/ ug]{ 3 ju{sf] ljQLo ;+:yfdf ;~rfns lgo'Qm ug{ / ;+ul7t ;+:yfn]
;]o/ lnPsf] a}+s tyf ljQLo ;+:yfdf cfkm'n] lnPsf] ;]o/ cg'kftdf ;~rfns lgo'Qm ug{ afwf
k'ofPsf] dflgg] 5}g . Pp6f Ohfhtkqk|fKt ;+:yfn] csf]{ Ohfhtkqk|fKt ;+:yf -3 ju{ afx]s_ df
;]o/ nufgL (Cross Holding) eO{ ;~rfns lgo'Qm ug{ of] Joj:yfn] 5'6 lbPsf] dflgg] 5}g .
-!#_ g]kfn ;/sf/af6 lgo'Qm kfPsf s'g} klg cf]xf]bfsf JolQm jf g]kfn ;/sf/sf] :jfldTj ePsf ;+3
;+:yf jf g]kfn ;/sf/sf] cg'bfgk|fKt ljBfno jf z}lIfs ;+:yf nufotsf ;fj{hlgs ;+:yfgdf
k"0f{sfnLg ?kdf sfo{/t /x]sf JolQmsd{rf/Lx? g]kfn ;/sf/ jf ;DalGwt ;+3;+:yfsf] tkm{af6
k|ltlglwTj x'g] b]lv afx]s cGo s'g} lsl;dn] ;~rfns ;ldltdf lgjf{lrt jf dgf]lgt x'g kfOg]
5}g .
t/ xfn sfod /x]sf ;~rfnsx?sf] xsdf cfgf] kbfjlw k'/f ug{ o; Joj:yfn] afwf k'ofPsf] dflgg]
5}g . o;}u/L ljZj ljBfnodf k|fWofkg k]zfdf ;+nUg JolQmnfO{ a}+s tyf ljQLo ;+:yfsf] ;~rfnssf]
?kdf lgo'Qm x'g o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
-!$_ s'g} klg kmd{ tyf sDkgL sfnf];"rLdf k/]sf] eP sfnf];"rLdf /x]sf] cjlw / sfnf];'rLaf6 x6]sf] tLg
jif{;Dd To:tf] kmd{ tyf sDkgLx?sf] tkm{af6 ;~rfns dgf]goglgo'lQmsf] nflu of]Uo x'g] 5}g .
-!%_ -s_ ;+:yfks;+:yfks ;d'xsf] ;]o/ wf/0f u/]sf ;]o/wgL ;+:yfks ;d'x afx]s cGo ;d'xaf6
;~rfnsdf pDd]bjf/L lbg kfpg] 5}g . t/, Ohfhtkqk|fKt;+:yfn] o; a}+ssf] :jLs[lt lnO{ %!
k|ltzteGbf a9Lsf] ;+:yfks ;d'xsf] ;]o/ ;j{;fwf/0f ;]o/df kl/0ft u/]sf] cj:yfdf eg] of]
Joj:yf nfu" x'g] 5}g .
-v_ s'g} a}+s jf ljQLo ;+:yfdf s'g} JolQm jf lghsf] k|ltlglw cfgf] / cfgf] ljQLo :jfy{ /x]sf]
kmd{sDkgL;+:yfsf tkm{af6 Ps} k6s Ps eGbf a9L ;~rfns kbdf lgo'Qmdgf]gog x'g ;Sg]
5}gg\ .
-!^_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf cWoIf tyf ;~rfns nuftf/ b'O{ k6seGbf a9L pQm kbdf
lgjf{lrt, dgf]lgt jf lgo'Qm x'g g;Sg] u/L ;DalGwt ;+:yfn] cfkm\gf] lgodfjnLdf Joj:yf ug'{kg]{ 5
. of] lgb]{zg hf/L x'Fbf s'g} a}+s tyf ljQLo ;+:yfsf] lgodfjnLdf ;f] Joj:yf gePsf] eP cfufdL
;fwf/0f ;efn] ;f] ;DaGwL k|:tfj kfl/t u/L lgodfjnL ;+zf]wg ug'{kg]{ 5 .
@= ;~rfns;~rfns ;ldltsf] st{Jo / pQ/bfloTj
;j{;fwf/0faf6 lgIf]k ;+sng u/L To;sf] ;+/If0f ug]{ h:tf] dxTjk"0f{ sfo{df ;+nUg Ohfhtkqk|fKt ;+:yfsf
;~rfnsx?n] cfgf ;]o/wgLx?sf] lxt dfq gx]/L lgIf]kstf{ nufotsf ;/f]sf/jfnf (Stakeholder) x?sf]
lxt ;+/If0f ug{;Sg] u/L Ohfhtkqk|fKt ;+:yf ;~rfngdf lqmofzLn x'g' kg]{5 . ;~rfnsx?sf] c;n
cfr/0f tyf lqmofsnfkaf6 ;DalGwt Ohfhtkqk|fKt ;+:yfsf ;fy} b]zsf] ;du| ljQLo k|0ffnLdf cg's'n
k|efj kg{ hfg] x'Fbf To:tf ;+:yfsf ;~rfnsx?sf] lgo'QmL, lghx?n] kfngf ug'{ kg]{ st{Jo tyf axg ug'{
kg]{ pQ/bfloTj ;DaGwdf b]xfo adf]lhdsf] Joj:yf ul/Psf] 5 M
-s_ ;+:yfnfO{ bIf, ljj]sk"0f{ Pjd\ Jofj;flos ?kdf ;~rfng ug{ pko'Qm lsl;dsf] sd{rf/L k|zf;g
ljlgodfjnL tof/ u/L of]Uo tyf ;Ifd pRr kbflwsf/Lx?sf] 5gf}6 tyf lgo'lQm ug'{ kg]{5 .
-v_ cfGtl/s n]vfkl/Ifsaf6 lgoldt ?kdf cfGtl/s n]vfk/LIf0f u/fpg' kg]{5 . cfGtl/s n]vfk/LIf0fsf]
sfo{ Outsource ug]{ ePdf ;DalGwt ;+:yfn] cfgf] Ps hgf clws[tnfO{ ;Dks{ clws[tsf]
lhDd]jf/L tf]Sg' kg]{5 . cfGtl/s n]vfkl/Ifsn] sDtLdf q}dfl;s ?kdf cfgf] k|ltj]bg l;w}
130
-u_
-3_
-_
-r_
-5_
-h_
-em_
-`_
-6_
-7_
-8_
n]vfk/LIf0f ;ldlt ;dIf k]z ug]{ Joj:yf ug'{ kg]{5 . pQm k|ltj]bgdf b]xfosf ljifox? ;d]t
;dfj]z ePsf] x'g' kg]{5M
-c_ cfGtl/s n]vfk/LIf0fdf ;+nUg hgzlQmsf] ljj/0f .
-cf_ ;f] sfo{ ;DkGg ug{ nfu]sf] sfo{ lbg .
s'g} Pp6f ;+:yfsf] Internal Audit ;DaGwL sfo{ ug{ lhDd]jf/L tf]lsPsf] JolQm jf ;+:yf tyf ;f]
;+:yfsf ;fem]bf/ jf sd{rf/Ln] ;f] ;+:yfsf] Statutory Audit ;DaGwL sfo{df ;+nUg x'g kfpg] 5}g .
To;}u/L s'g} Pp6f ;+:yfsf] Statutory Audit ;DaGwL sfo{ ug{ lhDd]jf/L tf]lsPsf] JolQm jf ;+:yf
tyf ;f] ;+:yfsf ;fem]bf/ jf sd{rf/Ln] ;f] ;+:yfsf] Internal Audit ;DaGwL sfo{df ;+nUg x'g
gkfpg] Joj:yf ;ldltn] ldnfpg\' kg]{5 .
;+:yf ;j{;fwf/0fsf] /sd kl/rfng ug]{ ;+:yf ePsf] x'Fbf ;~rfnsx?n] ;+:yfsf] cg'udg tyf
;'kl/j]If0f sfo{ j9L ljj]sk"0f{ / ;Ifd t/Lsfn] ug'{ kg]{5 .
;+:yfsf sd{rf/Lx?nfO{ clVtof/ k|Tofof]hg u/] klg lghx?sf] lqmofsnfksf] clGtd bfloTj
;~rfnsx?n] g} axg ug'{ kg]{ x'Fbf ;~rfns ;ldltsf] a}7sdf sd{rf/Lx? dfly ul/Psf ;'kl/j]If0f
tyf sf/jfxL ;DaGwL clen]v /fVg' kg]{5 .
;+:yfsf] nufgL tyf shf{ gLlt, ;DklQ tyf bfloTj Joj:yfkg, ah]l6, of]hgf / cGo cfjZos
ljifodf lnlvt gLlt tyf of]hgf th'{df u/L sd{rf/Lx?nfO{ kfng ug{ nufpg' kg]{5 .
;~rfnsx?n] Ohfhtkqk|fKt ;+:yfsf] cj:yf Pjd\ ultljlw / Joj:yfkgn] clVtof/ u/]sf gLlt
;DaGwdf lgoldt ?kdf hfgsf/L lnO{ cfjZostf cg';f/ ;'wf/fTds pkfo ckgfpg' kg]{5 .
;~rfns ;ldltsf] a}7s k|rlnt sfg'gdf Joj:yf eP cg';f/ a:g' kg]{5 .
k|rlnt sfg'g / o; a}+saf6 hf/L ePsf gLlt lgb]{zg tyf lgodgsf] kl/kfngf gePdf ;~rfnsx?
cfgf] kbaf6 avf{:t ;d]t x'g;Sg] x'gfn] To:tf sfg'g, gLlt lgb]{zg tyf lgodg ljifodf
;~rfnsx? k"0f{ hfgsf/ x'g'sf ;fy} Ohfhtkqk|fKt ;+:yfaf6 To:tf sfg'g, gLlt lgb]{zg tyf
lgodg kfngf eP gePsf] ;DaGwdf lgoldt cg'udg ug'{ kg]{5 .
;+:yfsf ;~rfnsx?n] lgIf]kstf{sf] xslxt ljkl/t sfo{ u/]df jf o; a}+sn] dfu u/]sf sfuhftx?
pknAw gu/fPdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf !)) adf]lhd To:tf ;~rfns tyf kbflwsf/LnfO{
nufOPsf] hl/jfgf JolQmut ?kdf ltg'{ kg]{5 . o;/L JolQmut ?kdf lt/]sf] hl/jfgf /sdnfO{ ;DalGwt
Ohfhtkqk|fKt ;+:yfn] cfgf] lx;fjdf vr{ n]vL e'QmfgL lbg kfpg] 5}g .
a}+s tyf ljQLo ;+:yfsf] ;+:yfks ;]o/ wf/0f u/]sf] JolQm ;f]xL ;+:yfsf] Jofj;flos ;~rfns
lgo'Qm x'g jf axfn /xg kfpg] 5}g . To:tf] ;~rfnssf] kl/jf/n] ;d]t ;DalGwt ;+:yfsf] ;+:yfks
;]o/ wf/0f ug{ x'b}g .
k|rlnt sfg'gn] tf]s]sf] cj:yfdf afx]s Ohfhtkqk|fKt ;+:yfsf u}/ sfo{sf/L ;~rfns tyf cGo
;~rfnsx?n] k|d'v sfo{sf/L clws[tsf] cg'kl:yltdf k|d'v sfo{sf/L clws[tsf] x}l;otn] b}lgs
sfo{;~rfng ug{ kfOg] 5}g . ;fy}, cWoIf tyf ;~rfnsx?n] cfgf] ;+:yfsf] n]6/Kof8 tyf 5fk
k|of]u u/L s'g} klg kqfrf/ ug{ kfOg] 5}g . t/ cWoIfnfO{ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^#
sf] bkmf @$ sf] pkbkmf -^_ adf]lhd ;~rfnsn] a}+s tyf ljQLo ;+:yfsf] Joj:yfkgsf] b}lgs sfd
sf/jfxLdf x:tIf]k ug'{ x'Fb}g eGg] Joj:yfsf] clwgdf /xL b}lgs sfo{;~rfng;Fu ;DalGwt afx]ssf
ljifodf n]6/Kof8 tyf 5fk k|of]u u/L kqfrf/ ug{ eg] o; Joj:yfn] afwf kg]{5}g .
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] cfgf] ;~rfns ;ldltsf] a}7sdf ;~rfns afx]ssf
;b:ox?nfO{ cfdGq0f u/L ;~rfns ;/x a}7s eQf tyf cGo ;'ljwf k|bfg ug{ kfOg] 5}g . t/ a}+s tyf
ljQLo ;+:yfsf] ;~rfns ;ldltn] cfjZostf dxz'; u/]df vf;vf; ljifodf 7f]; /fo k/fdz{sf nflu
ljQLo :jfy{ gePsf] lj1 JolQmnfO{ ;~rfns ;ldltsf] a}7sdf cfdGq0f u/L cfjZos /fok/fdz{ k|fKt
u/L ;f] jfkt kfl/>lds k|bfg ug{ eg] of] Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
-k|i6Ls/0f M o; k|of]hgsf nflu ;~rfns afx]s cGo kbflwsf/Ln] ;~rfns ;+of]hs jf ;b:o /xg]
;ldltpk;ldltdf a}7s eQf lng kfpg] 5}gg\ . t/, ;lrjfno ;DaGwL sfd ug]{ cGo
kbflwsf/LnfO{ ;ldltn] tf]ls 5'6\6} eQf lbg ;lsg] 5 ._
131
-9_
#=
a}+s jf ljQLo ;+:yfdf lgjf{lrtdgf]gog ePsf] k|To]s ;~rfnsn] cfkm" lgjf{lrt jf dgf]lgt ePsf]
ldltn] a9Ldf k}+tL; lbgleq kb tyf uf]klgotfsf] zky lnO ;Sg' kg]{5 . cGoyf, pQm ;~rfnssf]
lgjf{rg dgf]gog :jtM vf/]h x'g]5 .
-0f_ sfo{sf/L k|d'vsf] ;]jf ;'ljwfsf] lgwf{/0f tf]lsPsf] dfu{bz{g cg';f/ ug'{ kg]{ Ohfhtkqk|fKt a+}s tyf
ljQLo ;+:Yffx?sf] nflu a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf *$ df ePsf] Joj:yf
;d]tsf] cfwf/df Joj:yfkg vr{ Pjd\ sfo{sf/L k|d'vsf] tnj, eQf tyf cGo cfly{s ;'ljwfx?
lgwf{/0f ug]{ ;DaGwdf o; a}+sf/f hf/L dfu{bz{gdf plNnlvt dfkb08 cg';f/ ug'{ kg]{] 5 .
sfo{sf/L k|d'vsf] lgo'lQm ;DaGwL Joj:yf
-!_ Ohfhtkqk|fKt ;+:yfsf] ;+Rffns ;ldltn] k|rlnt sfg'g tyf ;+:yfsf] k|aGwkq / lgodfjnLsf]
clwgdf /xL sfo{sf/L k|d'vsf] lgo'lQm ug'{ kg]{5 . o;/L sfo{sf/L k|d'vsf] lgo'lQm ubf{ ;+:yfut
;'zf;g tyf cfGtl/s lgoGq0f Pjd\ ;Gt'ngsf] b[li6sf]0fn] ;~rfns ;ldltsf] cWoIfnfO{ sfo{sf/L
k|d'vsf] ?kdf lgo'Qm ug{ pko'Qm x'g] 5}g .
-@_ sfo{sf/L k|d'vsf] ?kdf lgo'Qm x'g] JolQmdf k|rlnt a}+s tyf ljQLo ;+:yf ;DaGwL sfg'gdf
plNnlvt of]Uotf tyf cg'ejsf cltl/Qm b]xfosf yk of]Uotf, cg'ej tyf u'0fx? plNnlvt x'g'
kg]{5 .
-s_ a}+ls sf/f]af/sf] nflu cfjZos kg]{ Jofj;flos cg'ej,
-v_ ;+:yfsf] b}lgs sfo{ ;Dkfbgdf cfGtl/s lgoGq0f / k|rlnt sfg'gsf] kl/kfngf ug]{ u/fpg]
;Ifdtf,
-u_ a}+ls jf ljQLo Joj;fosf] pRr txdf sfo{ u/]sf],
-3_ 6f6 gkN6]sf] jf a]OdfgL jf hfn;fhLsf] cf/f]kdf ;hfo gkfPsf],
-_ cfgf] k'j{ sf/f]af/df o; a}+saf6 lgnDjg gul/Psf] jf o; a}+saf6 ePsf] cg';Gwfgdf
z+sf:kb sf/f]af/df ;+nUg egL ls6fg gul/Psf] jf To:tf] lgnDjgjf6 km's'jf ePsf] kfFr jif{
k'u]sf] jf To:Tff] z+sf:kb sf/f]af/sf] ;+nUgtfaf6 ;kmfO kfPsf],
-r_ sfnf];"rLdf ;dfj]z gePsf] jf To:tf] ;"rLaf6 k'ms'jf ePsf] ltg jif{ k'u]sf] .
-#_ ;+:yfn] sfo{sf/L k|d'vsf] lgo'lQm ubf{ / ;~rfns ;ldltdf x]/k]m/ x'Fbf o; a}+ssf] a}+s tyf ljQLo
;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefunfO{ t'?Gt hfgsf/L lbg' kg]{5 .
-$_ sfo{sf/L k|d'v ;ft lbgeGbf a9L ;do ljbfdf a;]df, b]z aflx/ uPdf jf cfgf] cf]xf]bfsf] sfo{ ug{
g;Sg] ePdf lghsf] :yfgdf sfd ug]{ JolQmsf] gfd o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu
/ ;DalGwt ;'kl/j]If0f ljefunfO{ k'j{ hfgsf/L lbg' kg]{5 .
-%_ ;+:yfsf] sfo{;~rfng, sf/f]af/, Jofj;flos of]hgf tyf d'gfkmfl:ylt ;d]tnfO{ b[li6ut u/L sfo{sf/L
k|d'v, cGo kbflwsf/L tyf sd{rf/Lx?sf] tnj tyf ;'ljwf lgwf{/0f ug'{ kg]{5 . Ohfhtkqk|fKt
;+:yfaf6 sfo{sf/L k|d'vnfO{ k|bfg ul/g] tnj, eQf, af]g; tyf cGo ;'ljwf ;DaGwL ljj/0f / ;f]
;DaGwdf ePsf] s'g} klg kl/jt{gsf] ljj/0f lgo'Qm ePsf], kl/jt{gsf] lg0f{o ePsf] / cfly{s jif{
;dfKt ePsf] Ps dlxgfleq o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f
ljefunfO{ pknAw u/fpg' kg]{5 .
-^_ cf+lzs ?kdf sfd ug{ gx'g]
Ohfhtkqk|fKt ;+:yfsf sfo{sf/L k|d'vn] cfk"m sfo{/t ;+:yf afx]s o; a}+saf6 Ohfhtkqk|fKt cGo s'g}
klg ;+:yfdf cf+lzs ?kdf sfd ug{' x'Fb}g . t/, o; bkmfn] ;~rfns ;ldltsf] k'j{ :jLs[lt lnO{
Ohfhtkqk|fKt ;+:yfsf] lxt ljkl/t gx'g] u/L cGo Jofj;flos ultljlwdf ;+nUg x'g eg] aGb]h nufPsf]
dflgg] 5}g . ;+:yfsf] lxtdf k|lts'n c;/ gkg]{ ePdf dfq Ohfhtkqk|fKt ;+:yfn] lghnfO{ To:tf] :jLs[lt
lbg ;Sg]5 .
-&_ Pp6f Ohfhtkqk|fKt ;+:yfsf] sfo{sf/L k|d'vn] csf]{ Ohfhtkqk|fKt ;+:yfdf kbflwsf/Lsf] ?kdf /xL
sfo{ ug{ kfpg] 5}g .
132
$=
-*_ Ohfhtkqk|fKt ;+:yfsf] r'Qmf k'FhLsf] b]xfo adf]lhd eGbf a9L x'g] u/L z]o/ wf/0f ug]{ z]o/wgL ;f]
;+:yfsf] ;~rfns kb afx]s sfo{sf/L k|d'v nufot s'g} klg txsf] sd{rf/L kbdf lgo'Qm x'g of]Uo
x'g] 5}g . of] lgb]{zg hf/L xF'bfsf avt s'g} JolQm ;+:yfsf] sfo{sf/L k|d'v kbdf axfn /x]sf] eP
ljBdfg sfo{sfnsf] afFsL cjlw k'/f ug{ eg] afwf k'u]sf] dflgg] 5}g .
s ju{sf] Ohfhtkqk|fKt ;+:yfdf r'Qmf k'FhLsf] ! k|ltzt jf ;f]eGbf a9L
v ju{sf] Ohfhtkqk|fKt ;+:yfdf r'Qmf k'FhLsf] @ k|ltzt jf ;f]eGbf a9L
u ju{sf] Ohfhtkqk|fKt ;+:yfdf r'Qmf k'FhLsf] % k|ltzt jf ;f]eGbf a9L
-(_ lhNnf:t/df s]Gb|Lo sfof{no jf skf]{/]6 sfof{no /x]sf a}+s tyf ljQLo ;+:yfsf sfo{sf/L k|d'v sfof{no
sfdsf] l;nl;nfdf afx]s ;f]xL sfof{nodf lgoldt pkl:yt x'g' kg]{5 .
-!)_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf sfo{sf/L k|d'v nuftf/ b'O{ k6seGbf a9L pQm kbdf
lgjf{lrt, dgf]lgt jf lgo'Qm x'g g;Sg] u/L ;DalGwt ;+:yfn] cfkm\gf] lgodfjnLdf Joj:yf ug'{kg]{ 5
. of] lgb]{zg hf/L x'Fbf s'g} a}+s tyf ljQLo ;+:yfsf] lgodfjnLdf ;f] Joj:yf gePsf] eP cfufdL
;fwf/0f ;efn] ;f] ;DaGwL k|:tfj kfl/t u/L lgodfjnL ;+zf]wg ug'{kg]{ 5 .
-!!_ Ohfhtkqk|fKt ;+:yfsf]] k|d'v sfo{sf/L clws[t kb l/Qm ePsf] tLg dlxgfleq clgjfo{ ?kdf kbk"lt{
ul/;Sg' kg]{5 . To;}u/L Ohfhtkqk|fKt ;+:yfn] Joj:yfksLo kb egL tf]s]sf kbx? ;d]t l/Qm
ePsf] tLg dlxgfleq clgjfo{ ?kdf kbk"lt{ ul/;Sg' kg]{5 . ;DalGwt ;+:yfn] ;f]xL adf]lhdsf]
Joj:Yff cfgf] sd{rf/L ;]jf ljlgodfjnLdf ;d]t pNn]v ug'{kg]{5 .
-!@_ a}+s tyf ljQLo ;+:yfsf] ;~rfns ;ldltn] k|d'v sfo{sf/L clws[tnfO{ lgo'Qm ug]{ l;nl;nfdf
kfl/>lds / cGo ;'ljwf nufotsf laifodf s/f/ ;Demf}tf ubf{ ;f] ;Demf}tfdf ;]jf ;'ljwf ;DaGwL
zt{x? ls6fgL u/L :ki6 ?kdf pNn]v ug'{ kg]{5 . ;+:yfnfO{ ljQLo ef/ kg]{ ;]jf ;'ljwf ;DaGwL zt{x?
pNn]v ubf{ k|rlnt sfg"gL Joj:yf jf ljlgodfjnLsf] Joj:yf adf]lhd x'g] egL lljwfo'Qm / cg]sfyL{
zAb k|of]u u/L s/f/ ;Demf}tf ug{ kfOg] 5}g . ;+:yfs} sd{rf/Lx?dWo]af6 k|d'v sfo{sf/L clws[t kbdf
lgo'Qm ePsf] cj:yfdf lghn] vfOkfO cfPsf] ;]jf ;'ljwf kfpg] eP ;f] ;d]t s/f/gfdfdf pNn]v
ug'{kg]{5 . ;fy}, of] Joj:yf x'g' cufj} ul/Psf ;Demf}tfx?sf ;DaGwdf ;DalGwt a}+s jf ljQLo ;+:yfn]
o;} Joj:yf adf]lhd x'g] u/L ;fljs ;Demf}tfdf tbg'?kn] ;+zf]wg kl/dfh{g ug'{ kg]{5 .
sd{rf/Lx?n] kfngf ug'{ kg]{ cfr/0f ;DaGwL Joj:yf
-!_ sd{rf/Lx?n] b]xfo adf]lhdsf Go'gtd :jLsf/of]Uo cfr/0fsf] :t/ sfod ug'{ kg]{5 M
-s_ Ohfhtkqk|fKt ;+:yfsf sd{rf/Lx?n] o; a}+sn] hf/L u/]sf] cfr/0f ;DaGwL Joj:yf kfngf
ug]{ jrgj4tf ;lxt x:tfIf/ ug'{ kg]{5 .
-v_ cfgf] dftxtsf sd{rf/Lx?nfO{ cfr/0fsf] ljifodf lgb]{zg lbg] / hfgsf/L lng] pQ/bfloTj
ljefuLo k|d'vx?sf] x'g]5 . sd{rf/Ln] cg'zf;g jf lgod pNn+3g u/]df To;sf] k|ltj]bg
;DalGwt ljefuLo k|d'vn] sd{rf/L k|zf;g ljefunfO{ pknAw u/fpg' kg]{5 / k|zf;g ljefun]
pQm k|ltj]bgsf] clen]v ;'kl/j]If0fsf] qmddf o; a}+ssf] ;'kl/j]If0f 6f]nLnfO{ pknAw u/fpg'
kg]{5 .
-@_ sd{rf/Lx?n] Ohfhtkqk|fKt ;+:yfsf] lxt ljkl/tsf b]xfosf ultljlwdf ;+nUg x'g kfOg] 5}g M
-s_ sd{rf/Lx? k|ToIf jf ck|ToIf ?kdf Ohfhtkqk|fKt ;+:yfsf] lxt ljkl/t x'g] s'g} klg
lsl;dsf] ultljlwdf ;+nUg x'g' x'Fb}g .
-v_ Ohfhtkqk|fKt ;+:yfsf] sd{rf/L cfgf] ljQLo :jfy{ /x]sf] u|fxs;Fusf] sf/f]af/df k|ToIf jf
ck|ToIf ?kdf ;+nUg x'g' x'Fb}g .
-u_ Ohfhtkqk|fKt ;+:yfsf sd{rf/Lsf] cfgf u|fxs;Fu ;]o/ :jfldTj, ;fe]mbf/, C0f lng] jf lbg]
cflb s'g} lsl;dsf] ljQLo :jfy{ ufFl;Psf] 5 eg] lghn] cfgf lgs6td ;'kl/j]IfsnfO{ tTsfn}
To; s'/fsf] hfgsf/L lbg' kg]{5 .
t/, lgs6td ;'kl/j]Ifsn] lghsf] ljQLo :jfy{ ufFl;Psf] 5 egL k|dfl0ft gu/];Dd ;fj{hlgs
?kdf lgisfzg ul/Psf ;]o/C0fkqx?sf] sf/f]af/sf] xsdf o; lsl;dsf] k|ltaGw nfu" x'g] 5}g .
133
-3_ cfk"m sfo{/t /x]sf] Ohfhtkqk|fKt ;+:yfsf] cltl/Qm cGo s'g} klg :yfgdf k"0f{sfnLg ?kdf
Joj;fo ;~rfng ug'{ x'Fb}g .
-#_ cf+lzs ?kdf sfd ug{ :jLs[lt lng' kg]{
sd{rf/Ln] ;f] ;++:yf afx]s cGo s'g} klg ;+:yfdf cf+lzs ?kdf sfd ug{' jf cGo Jofj;flos ultljlwdf
;+nUg x'g'eGbf klxn] Ohfhtkqk|fKt ;+:yfsf] Joj:yfkgaf6 lnlvt :jLs[lt lng' kg]{5 . cfgf] ;+:yfsf]
lxtdf k|lts'n c;/ gkg]{ ePdf dfq lghnfO{ cf+lzs ?kdf sfd ug{ lnlvt :jLs[lt lbg ;Sg]5 .
-$_ sd{rf/L ;~rfns x'g kfpg] jf gkfpg] ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yf jf To:tf] ;+:yfsf] clwsf+z :jfldTj jf lgoGq0fdf /x]sf] ;+:yfsf] axfnjfnf
sd{rf/L s'g} klg Ohfhtkqk|fKt ;+:yfsf] ;~rfns;Nnfxsf/ x'g kfpg] 5}g .
t/, b]xfo adf]lhd x'g o; lgb]{zgn] afwf k'ofPsf] dflgg] 5}g M
-s_ k|rlnt sfg'g adf]lhd Ohfhtkqk|fKt ;+:yfn] :yfkgf u/]sf] ;xfos sDkgLx?sf] ;~rfns
x'g,
-v_ g]kfn ;/sf/sf] nufgL ePsf Ohfhtkqk|fKt ;+:yfn] csf]{ s'g} Ohfhtkqk|fKt ;+:yfdf nufgL
u/]sf] sf/0fn] To:tf] Ohfhtkqk|fKt ;+:yfdf ;~rfns dgf]gog ug'{ kbf{ g]kfn ;/sf/sf]
:jLs[lt lnO{ cfgf] s'g} sd{rf/L To:tf] csf]{ Ohfhtkqk|fKt ;+:yfsf] ;~rfnsdf dgf]gog
x'g, jf
-u_ gfkmf sdfpg] p2]Zo gePsf ;fdflhs ;]jfdf ;+nUg ;+:yfx? h:t}M wfld{s, ;f+:s[lts, z}lIfs,
k/f]ksf/L h:tf ;+:yfx?sf] lgodsf] kl/lwleq /xL ;~rfns x'g .
-%_ ;+/Ifssf] x}l;otdf /xg gx'g]
sd{rf/Lx?n] u|fxssf] hdLg tyf hfoh]yf ;DaGwL sf/f]af/df k|zf;s jf ;+/Ifssf] x}l;otn] ;+nUg x'g'
x'Fb}g . t/ sy+sbflrt o:tf] sfo{df ;+nUg x'g' k/]df sfo{sf/L k|d'vaf6 To;sf] lnlvt :jLs[lt lng'
kg]{5 .
-^_ kbsf] b'?kof]u ug{ gx'g]
sd{rf/Ln] cfgf] kb / gfd b'?kof]u u/L s'g} klg lsl;dsf] JolQmut kmfObf x'g] lqmofsnfkdf ;+nUg
x'g kfOg] 5}g . sd{rf/L jf lghsf gft]bf/n] ;d]t lghx? axfn /x]sf] Ohfhtkqk|fKt ;+:yf;Fu sf/f]af/
ubf{ kfl/jfl/s ;DaGwsf] k|efj kfg{ kfOg] 5}g . ;fy}, ;fdfgx?sf] vl/b laqmL ubf{, ;]o/ nufot cGo
k||Tofe"lt sf/f]af/df k|fyldstf kfpg jf lbgsf nflu kbsf] pkof]u ug{ kfOg] 5}g . o;}u/L ;'g, rfFbL,
ljb]zL ljlgdo / ljb]zL ;'/If0fkqx?sf] ;fkf ubf{ kbLo k|efj kfg{ kfOg] 5|}g .
-&_ ;'rgfsf] b'?kof]u ug{ gx'g]
sd{rf/Ln] Ohfhtkqk|fKt ;+:yfsf] sf/f]af/sf] l;nl;nfdf k|fKt s'g} klg ;'rgfsf] b'?kof]u ug{ tyf
s'g} klg ;'rLs[t ePsf] sDkgL jf ;'rLs[t x'g afFsL /x]sf] sDkgLsf] lwtf]kq Joj;foLsf] ?kdf
sf/f]af/df ;+nUg x'g kfOg] 5}g . lghx?n]] sfdsf] l;nl;nfdf afx]s cfk"m dftxtsf sd{rf/LnfO{
;d]t uf]Ko /fVg' kg]{ ;'rgf tyf clen]vsf] hfgsf/L lbg' x'Fb}g .
-*_ clen]v / sf/f]af/sf] k|ltj]bg /fVg' kg]{
Ohfhtkqk|fKt ;+:yfsf] n]vf ;DaGwL clen]v / k|ltj]bg k"0f{ Pjd\ b'?:t x'g'kg]{5 . sd{rf/Ln]
cgflws[t ?kdf Ohfhtkqk|fKt ;+:yfsf] n]vf clen]v / sfuhftdf JolQmut ?kdf yk36 ug{ kfOg]
5}g . o:tf] u/]df lgh sd{rf/L k|rlnt sfg'g adf]lhd ;hfosf] efuLbf/ x'g]5 .
-(_ uf]klgotf sfod /fVg' kg]{
-s_ sd{rf/Ln] k|rlnt sfg'g adf]lhd u|fxssf] ;'rgf / u|fxs;Fu ePsf] sf/f]af/sf] uf]kgLotf
sfod /fVg' kg]{5 . lgh ;]jfaf6 lgj[Q eO;s]kl5 klg To:tf] sf/f]af/sf] uf]klgotf -k|ltlnkL
clwsf/, cGo kqfrf/, n]vf / u|fxs;Fu ePsf] cGo sf/f]af/sf] ljj/0f_ cfgf] jf c? s;}sf]
ljQLo :jfy{sf] nflu k|of]u ug{ kfOg] 5}g .
134
%=
-v_ s'g} u|fxssf] Jofj;flos jf ljQLo ;'rgf u|fxssf] lnlvt :jLs[lt lnP/ cGo JolQm jf
;+:yfnfO{ lbg ;lsg] 5 .
t/, k|rlnt sfg'gsf] clwgdf /xL a}+ls sf/f]af/ ;DaGwL ljj/0fx? t];|f] kIfnfO{ pknAw
u/fpFbf uf]kgLotf e+u ePsf] dflgg] 5}g .
-!)_ lgikIf / ;dfg Jojxf/ ug'{ kg]{
sd{rf/Lx?n] u|fxs;Fusf] ldqtf / ;DaGwaf6 k|efljt geO{ lgikIf Pjd\ ;dfgtfsf] cfwf/df
Jofj;flos sf/f]af/ ug'{ kg]{5 .
-!!_ lnlvt ?kdf hfgsf/L lbg' kg]{
Ohfhtkqk|fKt ;+:yfn] dfly n]lvP adf]lhdsf] sd{rf/Ln] cfr/0f ;DaGwL Joj:yf :jLsf/ u/]sf] tyf
cfjZos b]v]df cfgf] cfGtl/s sfo{ k|0ffnLsf] nflu yk cfr/0f ;DaGwL Joj:yf tof/ u/L ;f] :jLsf/
u/]sf] hfgsf/L o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefunfO{
lnlvt ?kdf hfgsf/L lbg' kg]{5 .
-!@_ cfr/0f ;DaGwL Joj:yf kfngf ePgePsf] hfgsf/L lbg' kg]{
sd{rf/Ln] o; lgb]{zgdf tf]lsPsf cfr/0fx? clgjfo{ ?kdf kfngf u/] gu/]sf] ljj/0f cfly{s jif{
;dfKt ePsf] !% lbgleq clgjfo{ ?kdf o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu /
;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 . s'g} sd{rf/Ln] pQm cfr/0fx?sf] kfngf gu/]df ;f]
;DaGwL ljj/0f / lghdfly ul/Psf] sf/jfxL af/]sf] hfgsf/L o; a}+ssf pko'{Qm ljefudf t'?Gt
k7fpg' kg]{5 .
-!#_ sd{rf/LnfO{ shf{ k|bfg ug]{ ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf sd{rf/LnfO{ sd{rf/L ljlgodfjnLdf plNnlvt
;fk6L;'ljwfsf cltl/Qm cfg} jf cGo s'g} a}+s tyf ljQLo ;+:yfdf /flvPsf] d'2lt /l;b, ;'grfFbL tyf
g]kfn ;/sf/g]kfn /fi6 a}+sn] hf/L u/]sf] C0fkqart kqsf] lwtf]df shf{ k|bfg ug{ ;Sg]5 .
-!$_ Ohfhtkqk|fKt ;+:yfsf ;+:yfks jf ;~rfnssf Psf3/ kl/jf/sf ;b:o jf ! k|ltzt eGbf sd ;+:yfks
;]o/ wf/0f ug]{ ;]o/wgLn] ;f]xL ;+:yfdf sd{rf/Lsf] ?kdf sfo{ u/]sf] cj:yfdf To:tf] sd{rf/L s'g} klg
sd{rf/L o'lgogsf] kbflwsf/L eO{ sfo{ ug'{ x'Fb}g .
-!%_ s'g} klg a}+s tyf ljQLo ;+:yf / C0f c;"nL Gofoflws/0f nufot cGo lgsfox?af6 ul/g] lnnfd
a9fa9 nufot C0f c;"nL ;DjGwL sfo{x?df ;DalGwt a}+s tyf ljQLo ;+:yfsf sd{rf/L k|ToIf jf
ck|ToIf ?kdf ;xefuL x'g kfpg] 5}gg\ . a}+s tyf ljQLo ;+:yfn] cfkm\gf] sd{rf/L ;]jf ljlgodfjnLdf
;d]t ;f]xL cg'?k kl/dfh{g ug'{kg]{5 .
-!^_ Job Specification / Know Your Employee ;DaGwdf
;~rfng hf]lvd -Operational Risk_ Go'gLs/0fsf nflu Ohfhtkq k|fKt ;+:yfn] zfvf k|d'v nufot
Joj:Yffkg txsf kbflwsf/LnfO{ lhDd]jf/L ;'Dkbf lglZrt of]Uotf tyf cg'ej k'u]sfx?af6
sfo{;Dkfbg x'g] u/L :ki6 sfo{ljj/0f -Job Specification_ tof/ u/L nfu" ug'{ kg]{5 / sd{rf/L
;DaGwL ljj/0f lgoldt ?kdf cBfalws u/L clen]v /fVg'kg]{5 .
cfGtl/s ;ldltpk;ldlt ;DaGwL Joj:yf
-!_ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf !$ tyf bkmf !% df ePsf] Joj:yf cg';f/
;~rfns ;ldltn] cfgf] hjfkmb]xLdf b]xfo adf]lhd x'g] u/L ;ldltpk;ldlt u7g u/L sfd,
st{Jo / clwsf/ ;d]t tf]Sg' kg]{5M .
-s_ a}+s tyf ljQLo ;+:yfn] cfgf] sfd sf/jfxLnfO{ k|efjsf/L ?kdf ;~rfng ug{ ;~rfns
;+of]hs jf ;b:o x'g] u/L b]xfosf ljifo;Fu ;DalGwt ;ldlt jf pk;ldlt dfq u7g ug{
;Sg]5 .
n]vfk/LIf0f
hf]lvd Joj:yfkg
sd{rf/L ;]jf ;'ljwf
135
-@_
-v_ v08 -s_ df h'g;'s} s'/f n]lvPsf] ePtf klg s'g} vf; k|of]hgsf] nflu ;do tf]sL u}/
sfo{sf/L ;~rfnssf] ;+of]hsTjdf pk;ldlt u7g ug{ eg] afwf k'u]sf] dfgLg] 5}g .
-u_ ;~rfns ;ldltsf cWoIf ;~rfns ;ldlt afx]s cGo s'g} klg cfGtl/s ;ldlt jf pk
;ldltdf ;dfj]z x'g kfpg] 5}g .
-3_ v08 -s_ adf]lhd u7g x'g] ;ldltdf cfjZostf cg';f/ cfdGq0f ul/g] ljz]if1 JolQm ;lxt
sDtLdf # b]lv a9Ldf % hgf;Dd ;b:o x'g ;Sg] 5g\ .
-_ ;DalGwt ;+:yfn] ;a} ;~rfnsx?sf] of]Uotf / cg'ej v'n]sf] Profile tof/ u/L ;f]sf]
cfwf/df ;~rfnsx?nfO{ pko'Qm ;ldltdf /fVg] Joj:yf ug'{ kg]{5 .
-r_ pko{'Qm adf]lhd # j6f ;ldlt sfod x'g] u/L o; a}+saf6 kl/kq hf/L x'g' eGbf cufl8
ljleGg ljlgodfjnLx?df ePsf] Joj:yf cg';f/ ;~rfnsx?n] k|ltlglwTj ug]{ u/L u7g ePsf
;ldltnfO{ Joj:yfkg cGtu{t u7g ug]{ Joj:yf ldnfpg' kg]{5 .
-5_ ;ldltsf ;b:ox?sf] a}7s eQf ;~rfns ;ldltsf ;b:on] kfpg] a}7s eQf eGbf a9L gx'g]
u/L tf]Sg' kg]{] 5 .
-h_ gfoj sfo{sf/L k|d'v kbdf a9'jf jf gofF kbk"lt{ k|lqmofaf6 lgo'lQm ubf{ sfo{sf/L k|d'vsf]
l;kmfl/;df ;ldltn] ug'{kg]{5 . gfoj sfo{sf/L k|d'v eGbf tNnf] txsf sd{rf/Lsf] a9'jf jf
gofF kbk"lt ubf{{ gfoj sfo{sf/L k|d'vsf] ;+of]hsTjdf ul7t kbk"lt{ ;ldltsf] l;kmfl/;df
sfo{sf/L k|d'vn] ug]{5 .
-em_ Pp6f ;ldltdf ;+of]hs /x]sf] ;~rfns csf]{ ;ldltdf ;+of]hs x'g kfpg] 5}g .
-`_ cfGtl/s n]vfk/LIf0f ljefusf k|d'v / sd{rf/Lx?sf] sfo{;Dkfbg d"Nofg qmdzM n]vfk/LIf0f
;ldltn] / n]vfk/LIf0f ljefusf k|d'vn] ug]{ u/fpg] Joj:yf ug'{ kg]{5 .
n]vfk/LIf0f ;ldlt ;DaGwL Joj:yf
;~rfns ;ldltn] u}/ sfo{sf/L ;~rfnssf] dftxtdf Pp6f n]vfk/LIf0f ;ldlt u7g ug'{ kg]{5 . ;f]
;ldltsf] ;b:o;lrj cfGtl/s n]vfk/LIf0f ljefusf] k|d'v x'g]5 . ;f] ;ldltn] ;+:yfsf] cfly{s
cj:yfsf] ;dLIff, cfGtl/s lgoGq0f, n]vfk/LIf0f ;DaGwL sfo{qmd / n]vfk/LIf0fsf] kl/0ffd ;DaGwdf
lj:t[t 5nkmn u/L Ohfhtkqk|fKt ;+:yfsf] Joj:yfkgnfO{ cfjZos lgb]{zg lbg]5 . Ohfhtkqk|fKt
;+:yfsf cfGtl/s / afx\o n]vfkl/Ifsx?n] ;f] ;ldltdf l;w} kx'Fr /fVg ;Sg]5g\ . lghx?n] k]z ug]{
k|ltj]bg / o; ;ldltsf] k|ltj]bg pk/ Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltn] lj:t[t 5nkmn
ug'{ kg]{5 . Ohfhtkqk|fKt ;+:yfdf u7g x'g] n]vfk/LIf0f ;ldltdf sfo{sf/L k|d'vnfO{ ;b:osf] ?kdf
/fVg kfOg] 5}g t/ cfjZostf k/]sf] cj:yfdf cfdlGqt ;b:osf] ?kdf af]nfpg afwf k'u]sf] dflgg]
5}g .
;ldltsf] k|d'v pQ/bfloTj
-s_ k|rlnt sfg'g adf]lhd Ohfhtkqk|fKt ;+:yfsf] ;du| ljQLo cj:yf, cfGtl/s lgoGq0f,
n]vfk/LIf0f of]hgf / cfGtl/s n]vfk/LIf0fdf cf}+NofOPsf ljifox?df cfjlws ?kdf ;dLIff
u/L ;f] ;DaGwdf ckgfpg' kg]{ sbd af/] Joj:yfkgnfO{ cfjZos lgb]{zg lbg] / ;f] ;DaGwL
;'emfj ;~rfns ;ldltdf k]z ug]{ .
-v_ afx\o n]vfkl/Ifsn] k]z u/]sf] n]vfk/LIf0f k|ltj]bgdf cf}+NofOPsf a'Fbfs}lkmotx? pk/ ;dLIff
u/L ;'wf/fTds sbd rfNg Joj:yfkgnfO{ lgb]{zg lbg] .
-u_ g]kfn /fi6 a}+saf6 lg/LIf0f tyf ;'kl/j]If0f u/L k|ltj]bgdf cf}NofOPsf a'Fbfs}lkmotx?sf]
sfof{Gjog ePgePsf] ;DaGwdf ;dLIff ug]{ tyf tL ljifox?sf] clen]v u/L ;~rfns
;ldltnfO{ hfgsf/L u/fpg] .
-3_ Ohfhtkqk|fKt ;+:yfsf] jflif{s ljQLo ljj/0fnfO{ ;xL / oyfy{ agfpg Joj:yfkgnfO{ ;xof]u
ug]{ .
-_ Ohfhtkqk|fKt ;+:yfsf] sf/f]af/sf] x/lx;fj ;xL / oyfy{ ePsf] ;DaGwdf ;~rfns
;ldltnfO{ ljZj:t t'Nofpg'sf] ;fy} ;Defljt bfloTj / shf{ jlu{s/0f u/L ;f]sf] nflu /fVg'
kg]{ Joj:yf ;DaGwdf lgoldt ?kdf ;dLIff ug]{ .
136
^=
-r_ k|rlnt sfg'g tyf g]kfn /fi6 a}+saf6 hf/L ul/Psf lgodg Joj:yfx? kfngf u/]gu/]sf]
;DaGwdf ;ldltn] ;dLIff ug'{sf ;fy} ;f] ;DaGwL Aoxf]/f cfgf] k|ltj]bgdf pNn]v ug'{ kg]{ .
-5_ cfGtl/s n]vfk/LIf0f ;DaGwL lj:t[t sfo{ k|0ffnL tof/ u/L ;f]sf] cfwf/df cfGtl/s
n]vfk/LIf0f u/fpg' kg]{ .
-h_ Ohfhtkqk|fKt ;+:yfsf] sfd sf/jfxLdf lgoldttf, ldtJolotf, cf}lrTotf, k|efjsfl/tf h:tf
s'/fx? cjnDag ePgePsf] af/] ;dLIff u/L ;~rfns ;ldltnfO{ cfjZos ;'emfj lbg] .
-em_ Ohfhtkqk|fKt ;+:yfsf] q}dfl;s ljQLo ljj/0fsf] ;dLIff u/L ;~rfns ;ldlt ;dIf k|ltj]bg
k]z ug]{ .
-`_ sDkgL P]g, @)^# sf] bkmf !^% df pNn]v ePsf sfo{x? ug]{ .
-#_ ;~rfns ;ldltn] sd{rf/L Joj:yfkg / ;]jf ;'ljwf ;ldlt tyf hf]lvd Joj:yfkg ;ldltsf] sfo{
ljj/0f o;} lgb]{zgsf] qmdzM cg';"rL ^=! / cg';"rL ^=@ df plNnlvt sfo{ ljj/0fnfO{ cfwf/
dfgL tf]lslbg' kg]{5 .
cfgf ;~rfns, ;]o/wgL, lwtf] d"Nofgstf{, sd{rf/L Pjd\ lgh;Fu ;DalGwt kmd{nfO{ shf{ k|bfg ug{
aGb]h ;DaGwL Joj:yf .
-s_ b]xfosf cj:yfdf Ohfhtkqk|fKt ;+:yfsf ;~rfnsnfO{ shf{ ;fk6Lu}/ sf]ifdf cfwfl/t ;'ljwf
k|bfg ug{ aGb]h ul/Psf] 5 M
-!_ ;~rfns / lghsf] Psf3/ kl/jf/sf ;b:onfO{,
-@_ ;~rfns jf lghsf] Psf3/ kl/jf/sf ;b:o Joj:yfks, ;fe]mbf/, Ph]G6 jf hdfgtstf{
ePsf] jf lghsf] k|ToIf ljQLo :jfy{ ePsf] JolQm, kmd{, sDkgL jf ;+:yfnfO{,
-#_ ;~rfns jf lghsf Psf3/ kl/jf/sf ;b:on] !) k|ltzteGbf a9L ;]o/ lnPsf] kmd{,
sDkgLnfO{ / ;+:yfnfO{,
-$_ ;~rfns jf lghsf Psf3/ kl/jf/sf ;b:o hdfgt a;]sf] JolQm, kmd{ sDkgLnfO{ jf
;+:yfnfO{ .
-v_ b]xfosf cj:yfdf Ohfhtkqk|fKt ;+:yfsf ;+:yfks, ;]o/wgL tyf sd{rf/LnfO{ shf{ tyf u}/sf]ifdf
cfwfl/t ;'ljwf k|bfg ug{ aGb]h ul/Psf] 5 M
-!_ ;+:yfks jf ;+:yfks ;d'xsf ;]o/wgL jf r'Qmf k'FhLsf] s'n ;]o/sf] Ps k|ltzteGbf a9L
;]o/ lnPsf ;]o/wgL tyf lghsf kl/jf/sf ;b:o / sd{rf/LnfO{,
l6Kk0fLM
-c_ ;+:yfks, Ps k|ltzt jf ;f]eGbf a9L ;]o/ lnPsf JolQmkmd{sDkgL;+:yf, sfo{sf/L
k|d'v, axfnjfnf n]vfkl/Ifs tyf sd{rf/L jf To:tf JolQmsf] kl/jf/sf ;b:o jf ;~rfns
dgf]lgt jf lgo'lQm ug]{ clwsf/ kfPsf kmd{, sDkgL jf ;+:yfnfO{ shf{ jf ;'ljwf k|bfg ug{
kfOg] 5}g .
-cf_ ljutdf s'n r'Qmf k'FhLsf] Ps k|ltzt eGbf sd ;]o/ wf/0f u/]sf Ohfhtkqk|fKt
;+:yfsf ;+:yfks jf ;+:yfks ;d'xsf ;]o/wgLnfO{ k|bfg ePsf] shf{ tyf u}/ sf]ifdf cfwfl/t
;'ljwfsf] lj:t[t ljj/0f jfli{fs ljQLo ljj/0fdf v'nfpg' kg]{5 .
-@_ r'Qmf k'FhLsf] ;]o/sf] Ps k|ltzteGbf a9L ;]o/ lnPsf] ;]o/wgL / Ohfhtkqk|fKt ;+:yfsf
sd{rf/L ;fem]bf/ ePsf] jf hdfgt a;]sf] jf cGo lsl;dsf] ljQLo :jfy{ ePsf] JolQm, kmd{,
sDkgL jf ;+:yfnfO{,
-#_ o; a}+sn] lgb]{zg lbPsf]df afx]s Ohfhtkqk|fKt ;+:yfsf ;+:yfks, Ps k|ltzt eGbf a9L
;]o/ wf/0f u/]sf ;]o/wgL / sd{rf/Ln] bz k|ltzteGbf a9L ;]o/ lnO{ dtflwsf/ lnPsf] kmd{,
sDkgL jf ;+:yfnfO{,
-u_ Ohfhtkqk|fKt ;+:yfsf ;+:yfks, ;~rfns, sfo{sf/L k|d'v / lghsf] kl/jf/sf ;b:ox?sf]
:jfldTjdf /x]sf] ;DklQsf] lwtf]df ;f]xL ;+:yfaf6 lwtf] /fvL shf{ k|jfx ug{ kfOg] 5}g .
137
t/, Ohfhtkqk|fKt ;+:yfsf] cfg} d'2lt lgIf]k /l;b / ;'g rfFbLsf] lwtf]df shf{ k|bfg ug{, zt
k|ltzt gub dflh{gdf hdfgt hf/L ug{ tyf g]kfn ;/sf/ tyf g]kfn /fi6 a}+s C0fkqsf] lwtf]df
shf{ k|bfg ug{ o; v08df ePsf] s'g} klg Joj:yfn] afwf k'ofpg] 5}g .
-3_ sfo{sf/L k|d'v / Ohfhtkqk|fKt ;+:yfsf sd{rf/Lx?nfO{ Ohfhtkqk|fKt ;+:yfsf] sd{rf/L
ljlgodfjnL cg';f/ ;'ljwfo'Qm ;fk6L k|bfg ug{ of] lgb]{zgn] afwf k'ofPsf] dflgg] 5}g .
pko{'Qm Joj:yfsf cltl/Qm ;/sf/sf] 3f]lift p2]Zo k'/f ug{ :yfkgf ePsf ljsf;d"ns ;+:yf jf
sDkgLnfO{ shf{ k|bfg ug{ o; a}+sn] 5'6 lbg ;Sg]5 .
-_ Ohfhtkqk|fKt ;+:yfn] cfgf] ;+:yfsf] ;+:yfks;~rfnssd{rf/L tyf lghsf] Psf3/ kl/jf/sf]
;b:osf] r]s vl/b ug{ kfOg] 5}g .
-r_ Ohfhtkqk|fKt ;+:yfn] shf{ k|jfxsf qmddf lwtf] d'Nof+sg ug{sf nflu tof/ u/]sf] ;"rLdf /x]sf lwtf]
d"Nofgstf{nfO{ shf{ ;fk6Lu}/ sf]ifdf cfwfl/t ;'ljwf k|bfg ug{ kfOg] 5}g .
&= cfrf/;+lxtf tyf ;'zf;g ;DaGwL Joj:yf
!= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?sf] ;d]t ;'zf;g sfod ug]{ sfo{df e'ldsf /x]sf] x'Fbf
;'zf;g P]gsf] efjgf cg';f/ cfcfgf] ;+:yfdf cfrf/;+lxtf lgdf{0f u/L nfu" ug'{ kg]{5 .
@= cfcfgf] ;+:yfdf ;'zf;g OsfO u7g u/L ;'zf;gsf] l:yltaf/] dfl;s ?kdf cg'udg ub}{ hfg'
kg]{5 .
#= o; a}+ssf] lg/LIf0f k|ltj]bgdf p7fOPsf laifox?nfO{ tbf?stfsf ;fy sfof{Gjog ug'{ kg]{5 .
*= :j3f]if0ff ;DaGwL Joj:yf
-s_ Ohfhtkqk|fKt ;+:yfsf ;~rfnsx?n] cfgf] af/]df o;};fy ;+nUg :j3f]if0ff -Self-Declaration_
u/]u/fPsf] ljj/0f -cg';"rL ^=#_ ;lxtsf] hfgsf/L tyf ;DalGwt ;+:yfn] cfgf ;~rfnsx?sf]
;DaGwdf tof/ u/]sf] btf{nut lstfasf] 9fFrf -cg';"rL ^=$_ ;lxtsf] ljj/0f o; a}+sdf k]z ug'{
kg]{5 .
-v_ a}+s tyf ljQLo ;+:yfn] cfgf] ;+:yfsf] ;~rfnsn] cfkm" jf cfgf] kl/jf/sf ;b:o tyf cfgf] jf
kl/jf/sf] :jfldTjdf /x]sf] kmd{sDkgLsf] gfddf ljleGg a}+s tyf ljQLo ;+:yfx?af6 lnPsf] shf{
;DaGwL :j3f]if0ff ljj/0f jflif{s ?kdf cfly{s jif{ ;dfKt ePsf] ldltn] #% lbgleq ;~rfns
;ldltdf k]z u/L cBfjlws u/L /fVg' kg]{5 .
(= Ohfhtkqk|fKt ;+:Yffx?n] cfgf] lgodfjnLdf tf]lsP adf]lhd ;~rfns ;ldltsf] cWoIf, ;~rfns,
j}slNks ;~rfns a}7sdf pkl:yt eP afkt kfpg] a}7s eQf, ;~rfns sfo{sf/L eO{ sfo{ u/]df
kfl/>lds ;d]t / 6]lnkmf]g, df]jfOn tyf kqklqsf vr{ Pjd\ ;+:yfsf] sfddf :jb]z / ljb]zdf e|d0f ubf{
nfUg] vr{ h:tf cGo ;'ljwf afx]s u}/sfo{sf/L cWoIf tyf cGo ;~rfnsx?n] JolQmut kmfObf x'g] cfly{s
/ u}/ cfly{s s'g} klg k|s[ltsf ;'ljwf lng kfOg] 5}g . o;/L cfly{s / u}/ cfly{s ;'ljwf lnPsf] v08df
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf @$ sf] pkbkmf -!_ sf] Joj:yf pNn+3g u/]sf] dflgg]5 .
o;/L lnPsf] cfly{s tyf u}/ cfly{s ;'ljwf a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf @! sf]
pkbkmf -@_ adf]lhd s;"/ u/]sf] dfgL c;'npk/ ul/g]5 .
!)= Ohfhtkqk|fKt ug]{ qmddf /x]sf a}+s tyf ljQLo ;+:yfsf k|:tfljt ;~rfnsjf k|aGw ;~rfnsx?n]
ljQLo sf/f]af/ ug]{ Ohfhtkqk|fKt gu/];Dd s'g} klg k|sf/sf] kfl/>lds, eQf tyf cGo cfly{s ;'ljwfx?
lng kfOg] 5}g . k|:tfljt ;+:yfdf sfo{/t sd{rf/Lx?n] k|:tfljt ;~rfns ;ldltn] lg0f{o u/] adf]lhdsf]
kfl/>lds lng eg] afwf kg]{5}g . ljQLo sf/f]af/sf] Ohfhtkqk|fKt u/L ;s]sf t/ ;j{;fwf/0fdf
;fj{hlgs ;]o/ lgisfzg gu/]sf ;+:yfsf ;~rfns, k|aGw ;~rfns tyf k|d'v sfo{sf/L clws[t
nufotsf clwsf/Lx?n] k|fKt ug]{ kfl/>lds, eQf tyf cGo cfly{s ;'ljwfx? pQm ;+:yfsf] ;j{;fwf/0f
;]o/wgLsf] k|ltlglwTj ePsf] k|yd ;fwf/0f;ef ;DkGg geP;Dd j[l4 ug{ kfO{g] 5}g .
!!= o; a}+sn] k|sflzt ug]{ u/]sf] Jofj;flos ljz]if1 tyf n]vfkl/Ifssf] ;"rLdf /x]sf JolQm tyf lgh
;xefuL x'g] jf ePsf] ;fem]bf/L kmd{, sDkgL tyf ;+:yfx? ;d]tnfO{ ljkIfL agfO{ clVtof/ k|fKt lgsfon]
d'2f bfo/ u/]df :jtM o; a}+sn] k|sflzt ug]{ ;"rLaf6 x6fOg] 5 . ;kmfO{ kfPsf] v08df cflwsfl/s kq
138
!@=
!#=
!$=
!%=
!^=
k|fKt eP kl5 :jtM ;"rLdf ;dfj]z ul/g] 5 . t/, d'2f bfo/ x'g'eGbf cufl8 a}+s tyf ljQLo ;+:yfx?sf]
;fwf/0f;efaf6 n]vfkl/Ifs lgo'lQm ePsf] xsdf eg] sfd ;DkGg ug{ o; Joj:yfn] s'g} afwf kg]{5}g .
-!_ Ohfhtkqk|fKt ;+:yfsf ;~rfns, k|d'v sfo{sf/L clws[t jf Joj:yfkg txsf] kbflwsf/Ln] lzIff shf{,
xfo/ kr]{h shf{, 3/ shf{ jf 3/fo;L k|of]hgsf ;fdu|L shf{ afx]s lghx?sf] JolQmut gfddf cGo s'g}
lsl;dsf shf{ lng kfpg] 5}gg\ .
t/ ;/sf/L C0fkqsf] lwtf]df jf Credit Card cGtu{t shf{ lng o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
-@_ Ohfhtkqk|fKt ;+:yfn] s'g}klg Ohfhtkqk|fKt ;+:yfsf sfo{sf/L k|d'v jf Joj:yfkg txsf]
kbflwsf/Lsf] clwsf+z :jfldTj /x]sf] kmd{, sDkgL jf ;+:yfdf s'g} klg lsl;dsf] shf{ k|jfx ug{ ;Sg]
5}gg\ . of] lgb]{zg hf/L x'g'k"j{ k|jfx eO{;s]sf] shf{sf] xsdf e'QmfgL cjlw ;dfKt eO{ ;s]kl5 gjLs/0f
ug{ kfOg] 5}g . o; k|of]hgsf] nflu clwsf+z :jfldTj eGgfn] %) k|ltzt eGbf a9L :jfldTj ePsf] kmd{,
sDkgL jf ;+:yf ;Demg' kb{5 .
a}+s tyf ljQLo ;+:yfsf] Ps k|ltzt jf ;f] eGbf a9L ;]o/ wf/0f u/]sf ;]o/wgL jf lghsf] JolQmut jf
;fem]bf/L kmd{n] n]vfk/LIf0f u/]sf] kmd{sDkgL;+:yfnfO{ ;DalGwt a}+s tyf ljQLo ;+:yfn] C0f k|bfg ug{
kfOg] 5}g .
;DklQ ljj/0f ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfn] cfkmgf ;~rfns, k|d'v sfo{sf/L clws[t tyf clws[t :t/sf sd{rf/Lx? / lghsf
kl/jf/sf] gfddf /x]sf] rncrn ;DklQ / a}+s tyf ljQLo ;+:yfaf6 lnPsf] C0fsf] ljj/0f x/]s cfly{s
jif{ ;dfKt ePsf] #% lbgleq cBfjlws u/L /fVg'kg]{5 .
Ohfhtkqk|fKt ;+:yfn] Core Banking Services sf nflu cfp6;f];{ dfkm{t lgo'Qm sd{rf/Laf6 sfo{;Dkfbg
ug{u/fpg kfOg] 5}g .
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] ;+:yfut ;'zf;g ;DaGwL Joj:yf O=k|f=lgb]{zg g+= ^)&! adf]lhdsf] lgb]{zg
tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
139
cg';"rL^=!
sd{rf/L ;]jf ;'ljwf ;ldlt ;DaGwL Joj:yf
u7g Joj:yf
;~rfns ;ldltn] Ps hgf u}/ sfo{sf/L ;~rfnssf] ;+of]hsTjdf Pp6f sd{rf/L ;]jf ;'ljwf ;ldlt u7g ug{
;Sg]5 . ;ldltsf] ;b:ox? dWo] n]vf ;DaGwL ljefusf ljefuLo k|d'v ;b:o, hgzlQm ;DaGwL ljefusf
ljefuLo k|d'v ;b:o ;lrj x'g]5g\ .
;ldltsf] sfd st{Jo / pQ/bfloTj
-s_ Ohfhtkqk|fKt ;+:yfsf] kfl/>lds lgwf{/0f gLlt th'{df ug{ ;~rfns ;ldltnfO{ cfjZos ;xof]u ug]{ .
-v_ ;ldltn] ;do ;dodf ;Dk"0f{ sd{rf/Lx?sf] kfl/>lds ;+/rgfsf] cWoog tyf ljZn]if0f ug]{ / ahf/sf]
kfl/>lds ;+/rgfdf cfPsf] kl/jt{gn] Ohfhtkqk|fKt ;+:yfdf kfg]{ k|efjsf ;DaGwdf lgoldt ?kn]
cWoog u/L ;~rfns ;ldlt ;dIf k|ltj]bg k]z ug]{ .
-u_ Ohfhtkqk|fKt ;+:yfsf] kfl/>lds lgwf{/0f gLlt adf]lhd k|rlnt sfg'g tyf gLlt lgb]{zgdf plNnlvt
Joj:yfx?sf] kfngf x'g] u/L k|d'v sfo{sf/L clws[t nufot ;Dk"0f{ sd{rf/Lx?sf] kfl/>lds j[l4 ug'{ kg]{
b]lvPdf ;f]sf] cfwf/x? ;lxt ;~rfns ;ldltdf l;kmfl/z ug]{ .
-3_ Ohfhtkqk|fKt ;+:yfsf sd{rf/Lx?n] ;Dkfbg ug'{ kg]{ sfo{ ljj/0f, nIo / k|ult d"Nofgsf kl/;"rsx?
;d]t ljsf; u/L ;f] adf]lhd lghx?sf] sfo{;Dkfbg d"Nofg k|0ffnLsf] k'g/fjnf]sg ug]{ .
-_ hgzlQm Joj:Yffkg ;DaGwL sfo{x? egf{, 5gf}6, lgo'lQm, kb:yfkgf, ;?jf, a9'jf, j[lQ ljsf;, sfo{;Dkfbg
d"Nofg, k'/:sf/ tyf ;hfo / >d ;DaGw ;DaGwL of]hgf, gLlt tyf dfkb08x? tof/ u/L ;~rfns
;ldlt ;dIf k]z ug]{ .
-r_ sd{rf/L gLlt tyf sfo{/t sd{rf/L ;+/rgfsf] ;dLIff ug]{ / Succession Planning tof/ u/L :jLs[ltsf
nflu ;~rfns ;ldlt ;dIf l;kmfl/z ug]{ .
140
cg';"rL^=@
hf]lvd Joj:yfkg ;ldlt ;DaGwL Joj:yf
u7g Joj:yf
;~rfns ;ldltn] Ps hgf u}/ sfo{sf/L ;~rfnssf] ;+of]hsTjdf Pp6f hf]lvd Joj:yfkg ;ldlt u7g ug'{
kg]{5 . ;ldltsf] ;b:ox? dWo] ;~rfng -ck/];g_ ljefusf ljefuLo k|d'v ;b:o / shf{ ljefusf ljefuLo
k|d'v jf hf]lvd Joj:yfkg ;DaGwL sfo{ ug]{ cnUu} OsfO{ ePdf ;f]sf] k|d'v ;b:o ;lrj x'g]5 . n]vfk/LIf0f
;ldltsf ;+of]hs hf]lvd Joj:yfkg ;ldltsf] kb]g ;b:o x'g]5 . ;ldltsf] a}7s tLg dlxgfdf sDtLdf Ps
k6s a:g' kg]{5 .
;ldltsf] sfd st{Jo / pQ/bfloTj
-s_ ljBdfg hf]lvd klxrfg tyf Joj:yfkg k|0ffnLsf] kof{Kttf / pko'Qmtf ;DaGwdf ;~rfns ;ldltnfO{
hfgsf/L u/fpg] / pko'Qm k|0ffnLsf] ljsf;sf nflu ;'emfj lbg] .
-v_ Jofj;flos ultljlwdf lglxt hf]lvdsf] :t/, hf]lvd axg Ifdtf, hf]lvd Joj:yfkgsf] nflu ljsf; u/]sf]
/0fgLlt, gLltut Joj:yf / dfu{bz{gsf] lgoldt k'g/fjnf]sg u/L ;f]sf] kof{Kttfsf ;DaGwdf ;~rfns
;ldltdf ;'emfj k]z ug]{ .
-u_ Joj:yfkgaf6 lgoldt ?kdf hf]lvd Joj:yfkg k|ltj]bg lnO{ hf]lvdsf] cf+sng, d"Nofg, lgoGq0f tyf
cg'udg s] s;/L eO/x]sf] 5 ;f] ;DaGwdf 5nkmn ug]{ / ;~rfns ;ldltdf cfjZos ;'emfj k]z ug]{ .
-3_ hf]lvd ;DklQ cg';f/ k'FhLsf] kof{Kttf, cfGtl/s k'FhL ljZn]if0f k4lt -ICAAP_, Jofj;flos /0fgLlt
cg'?k gLltut Joj:Yffsf] kof{Kttf, ;+:yfn] lng ;Sg] clwstd hf]lvd ;DaGwdf lgoldt ?kdf 5nkmn
tyf ljZn]if0f u/L ;~rfns ;ldltnfO{ cfjZos /fo, ;'emfj lbg] .
-_ hf]lvd Joj:yfkgsf nflu g]kfn /fi6 a}+saf6 hf/L ul/Psf lgb]{zgdfu{lgb]{zg, ;+:yfn] lgwf{/0f u/]sf
cfGtl/s ;Ldf, pko'Qm k|rng cg'?k cfjZos gLlt Pjd\ ;+/rgf ljsf; ug{sf nflu ;~rfns ;ldltnfO{
;'emfj lbg] .
-r_ s ju{sf a}+s / /fli6o:t/sf v / u ju{sf Ohfhtkqk|fKt ;+:yfn] lgoldt ?kdf bjfj k/LIf0f
(Stress Testing) u/L ;f]sf] kl/0ffd dfly 5nkmn u/L ;f]sf cfwf/df eljiodf ckgfpg'kg]{ cfjZos gLlt
lgdf{0f jf lg0f{o k|lqmofsf nflu ;~rfns ;ldltdf ;'emfj k]z ug]{ .
-5_ ;~rfns ;ldltaf6 ePsf] clVtof/ k|Tofof]hgsf] ;Ldf tyf cf}lrTotf ljZn]if0f u/L ;~rfns ;ldltdf
cfjZos ;'emfj ;lxtsf] k|ltj]bg k]z ug]{ .
-h_ Ohfhtkqk|fKt ;+:yfsf] ;DklQ ;+/rgf, tL ;DklQx? kl/rfngsf] cj:yf, To;af6 k|fKt ug{ ;lsg] cfo,
;DklQx?sf] u'0f:t/df x'g] j[l4xf; / ;DklQ bfloTj ;ldlt -ALCO_ af6 ePsf sfo{x?sf] ;DaGwdf
q}dfl;s ?kdf ljZn]if0f;ldIff u/L ;~rfns ;ldltdf k|ltj]bg k]z ug]{ .
-em_ cy{tGqsf] s'g} If]qdf pTkGg x'g] ;d:of jf kl/jt{gn] ;+:yfsf] ljQLo cj:yfdf kfg{ ;Sg] c;/sf]
;DaGwdf cWoog u/L ;f]sf] lg/fs/0fsf] nflu s] s:tf] gLlt cjnDag ug'{ kg]{ xf] cfjZos ;'emfj ;lxt
;~rfns ;ldltdf k|ltj]bg k]z ug]{ .
141
cg';"rL ^=#
>L ;~rfns ;ldlt,
===================a}sljQLo ;+:yf lnld6]8,
=====================================.
ldlt M @)&==============
laifo M hfgsf/L u/fPsf] af/] .

pko{'Qm ;DaGwdf d ========================================================n] o; a}+sljQLo ;+:yfsf] ;~rfnssf] kbdf
ldlt @)&============af6 axfn u/]sf]n] a}s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf @@ adf]lhd b]xfosf
ljifox?sf] af/]df hfgsf/L u/fPsf] 5' .
-!_ o; a}+sljQLo ;+:yf;Fu d jf d]/f] kl/jf/sf] s'g} ;b:on] s'g} lsl;dsf] s/f/ u/]sf] jf ug{ nfu]sf] 5}g .
-@_ a}sljQLo ;+:yfsf] sfo{sf/L k|d'v, k|aGw ;~rfns jf sDkgL ;lrj, n]vfkl/Ifs tyf dxfk|aGwssf] lgo'lQmsf]
;DaGwdf d]/f] s'g} k|sf/sf] :jfy{ jf ;/f]sf/ 5}g .
-#_ d / d]/f] kl/jf/sf] s'g} ;b:on] o; a+}sljQLo ;+:yfsf] ;]o/ ;+Vof===================lnPsf]] 5'5f}+, ;f] afx]s a}+ssf]
cGo ;]o/ jf l8a~r/ lnPsf] 5}g .
-$_ d o; afx]s g]kfn /fi6 a}saf6 :jLs[t k|fKt s'g} a}+s tyf ljQLo ;+:yfsf] ;~rfns 5}g .
-%_ d]/f] kl/jf/sf] s'g} klg ;b:on] o; a}sljQLo ;+:yfsf] kbflwsf/Lsd{rf/Lsf] x}l;otn] sfd u/]sf 5g\5}gg\ .
-/x]sf] eP v'nfpg] =========================================================================_
-^_ a+}s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf !*-_ adf]lhd d o; afx]s cGo s'g} klg k|sf/sf] lgIf]k
;DaGwL Aoj;fo ;~rfng ug]{ ;+:yfsf] -k|rlnt sfg'g adf]lhd art tyf C0fsf] sf/f]af/ ug]{ ;xsf/L ;+:yf
;d]tsf]_ ;~rfns, sd{rf/L jf axfnjfnf n]vfkl/Ifs jf ;Nnfxfsf/sf] kbdf /x]sf] 5}g . ;fy}, o; ;+:yfsf]
;~rfns /x];Dd d cGo s'g} k|sf/sf] art tyf C0f ;DaGwL sf/f]af/ ug]{ ;+:yfsf] ;~rfns x'g] 5}g .
-&_ o; a}+sljQLo ;+:yfsf] ;+:yfks ;]o/ lwtf] /fvL shf{ lnPsf] 55}g .
olb 5 eg] ;f]sf] ljj/0f v'nfpg' kg]{5 .
-*_
dfly 3f]if0ff ul/Psfk]z ul/Psf ljj/0fx? 7Ls ;f+rf] xf], em'f 7xl/Pdf sfg'g adf]lhd ;x'Fnf a'emfpFnf .
;~rfnssf] b:tvtM
gfd y/
afa'sf] gfdM
afh]sf]kltsf] gfdM
7]ufgfM
gful/stf lnPsf] lhNnf / gful/stf g+=
-b|i6Ao MMM of] ljj/0f a}+s jf ljQLo ;+:yfsf] ;~rfnssf] kbdf lgjf{lrt jf dgf]lgt ePsf] ldltn] & lbgleq / kl/jt{g
ePdf kl/jt{g ePsf] ldltn] & lbgleq ;DalGwt a}+s jf ljQLo ;+:yfdf k]z ug'{ kg]{5 . ;fy}, a}+s tyf ljQLo ;+:yfn]
;~rfnsaf6 of] ljj/0f k|fKt ePsf] ldltn] & lbgleq o; a}s ;dIf k]z ug'{ kg]{5 . _
142
cg';"rL ^=$
==================a}+sljQLo ;+:yf lnld6]8
;~rfnsx?sf] btf{nut lstfa
s|=;+=
;~rfnssf] gfd
afa'sf] gfd
afh]sf]kltsf]
gfd
tof/ ug]{M
k|dfl0ft ug]{ M
143
k]zf,
Joj;fo
;~rfns
lgo'Qm
ePsf] ldlt
;~rfnsaf6
x6]sf] ldlt
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= &)&@
;"kl/j]IfsLo lgb]{zg nfu" ug]{ sfo{ tflnsf ;DaGwL Joj:yf .
o; a}+sn] s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfsf] lg/LIf0f tyf ;'kl/j]If0fsf] qmddf lbOPsf]

lgb]{zgx?nfO{ b]xfo adf]lhd nfu" ug{u/fpg g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u
u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!= lg/LIf0f k|ltj]bg pk/sf] k|lts[of
lg/LIf0f k|ltj]bg pk/sf] k|lts[of :ynut lg/LIf0f k|ltj]bg k|fKt ePsf] ldltn] a9Ldf tL; lbgleq
Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltn] pQm k|ltj]bgdf plNnlvt s}lkmotx?sf] ;'wf/ tyf lbPsf
lgb]{zgx?sf] kfngf u/L ;f] lg/LIf0f k|ltj]bgdf p7fOPsf a'Fbfx?sf] ;'wf/sf] l:ylt ;lxtsf] k|ltlqmof o;
a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 . tf]lsPsf] ;doleq cfjZos ;'wf/ u/L k|ltlqmof
k7fpg g;Sg] cj:Yff ePdf Ohfhtkqk|fKt ;+:yfn] o; a}+ssf] :jLs[lt lnO{ k|fKt ePsf] cjlwleq pQm
k|ltj]bg o; a}+sdf k]z ug'{ kg]{5 .
@= shf{ gf]S;fgL] Joj:yf
lg/LIf0f k|ltj]bg dfk{mt yk shf{ gf]S;fgL Joj:yf ug]{ lgb]{zg k|fKt ePdf rfn' q}dfl;s lx;fjdf yk
shf{ gf]S;fgL Joj:yf u/L ;f]sf] hfgsf/L o; a}+sdf lbg' kg]{5 .
#= Loan Portfolio ;'wf/ of]hgf
lg/LIf0f k|ltj]bg dfk{mt lgb]{zg k|fKt ePsf] tL; lbgleq ;+:yfn] tLg dlxgfn] efvf gf3]sf s ju{sf
Ohfhtkqk|fKt ;+:yfsf] xsdf Ps s/f]8 ?k}ofF jf ;f]eGbf dflysf / cGo ju{sf Ohfhtkqk|fKt ;+:yfsf]
xsdf krf; nfv ?k}ofF jf ;f] eGbf dflysf ;a} shf{x?sf] l:ylt ;'wfg]{ of]hgf agfO{ o; a}+ssf ;DalGwt
;'kl/j]If0f ljefudf k]z ug'{ kg]{5 . ;f] cjlwleq o; a}+saf6 lg/LIf0f eO{ yk lgb]{zg k|fKt ePdf juL{s[t
shf{x?sf] /sd / jlu{s/0fdf cfPsf] kl/jt{g ;dfj]z ePsf] ;+zf]lwt of]hgf tL; lbgleq o; a}+ssf]
;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
$= k'FhLsf]ifsf] kof{Kttf
lg/LIf0f k|ltj]bg dfk{mt lgb]{zg k|fKt ePsf] a9Ldf k}+lt; lbgleq Ohfhtkqk|fKt ;+:yfn] kof{Kt k'FhLsf]if
sfod /fVgsf] nflu cGo s'/fx?sf] cltl/Qm b]xfosf ljifox? ;d]t ;dfj]z ePsf] lnlvt k'FhL of]hgf o;
a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 M
-s_ kof{Kt k'FhLsf]if sfod ug{sf nflu xfn / eljiodf cfjZos kg]{ k'FhLsf] ljj/0f,
-v_ juL{s[t tyf k'gMjuL{s[t ;DklQsf] ljj/0f,
-u_ ;l~rt gfkmfsf] cg'dflgt /sd
-3_ o; ;DaGwL lgb]{zgdf Joj:yf eP cg';f/ eljiodf cfjZos kg]{ k'FhL k'/f ug{ Joj:yf ul/Psf]
cltl/Qm ;|f]t / ;do tflnsf .
%= ;DklQbfloTj Joj:yfkg
lg/LIf0f k|ltj]bg dfk{mt lgb]{zg k|fKt ePsf] lt; lbgleq Ohfhtkqk|fKt ;+:yfn] kof{Kt t/ntf sfod
/fVg cfgf] ;DklQbfloTj Joj:yfkg gLlt tyf sfo{ljlwdf cfjZostf cg';f/ ;+zf]wg u/L b]xfosf
ljifox? o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 . pQm ;+zf]wgdf cGo ljifox?sf] cltl/Qm
b]xfosf s'/fx?df Wofg k'ofpg' kg]{5 M
144
^=
&=
*=
(=
-s_ C0f lnOPsf] /sd (Borrowed Funds) sf] nfut tyf pkof]u,
-v_ e}kl/ cfpg] cfjZostf k'/f ug{ rflxg] t/n ;DklQsf] kl/df0f,
-u_ lgIf]ksf] ;Defljt ptf/r9fjsf] nflu kof{Kt t/ntfsf] Joj:yf ug{ cNksfnLg ljQLo ;|f]tsf]
Joj:yf,
-3_ shf{sf] kl/df0f / jf;nft aflx/sf sf/f]af/x?df nufgL ug{ cfjZos /sd / nufgLsf] ;|f]t aLrsf]
tfnd]n /
-_ Ohfhtkqk|fKt ;+:yfsf]] Joj:yfkgaf6 ;~rfns ;ldlt ;dIf lgoldt ?kdf ;DklQbfloTj ;DaGwL
k|ltj]bg k]z ug]{ Joj:yf .
cfGtl/s n]vfk/LIf0f tyf lgoGq0f
Ohfhtkqk|fKt ;+:yfn] ljBdfg gLlt, lgod tyf sfg'gL k|fjwfgsf] bfo/fleq sfo{ ;Dkfbg u/L cfGtl/s
lgoGq0f k|0ffnLdf k|efjsf/Ltf Nofpg ;lsg] u/L sfo{ljlwsf] ljsf; ug'{ kg]{5 . pQm sfo{ljlw cGtu{t
sDtLdf b]xfosf ljifox? ;dfj]z ePsf] x'g' kg]{5 M
-s_ ;+:yfsf]] oyfy{ cj:yfsf] lrq0f ug]{ tyf ;DklQ ;'/lIft x'g] u/L Ohfhtkqk|fKt ;+:yfsf]] Joj:yfkg
tyf n]vf lgoGq0f k|0ffnLsf] ;dLIff ;DaGwL sfo{ljlw,
-v_ tYofsf] ljZj;lgotf hfFr ug]{ sfo{ljlw,
-u_ shf{ k|jfx, sf]if ;~rfng (Treasury Operation), ljb]zL ljlgdo Joj:yfkg, t/ntf Joj:yfkg,
k'FhLsf]ifsf] kof{Kttf, sd{rf/L, Joj:yfkg ;'rgf k|0ffnLsf ;fy} a}+ls lgod sfg'gx?sf] kfngf
;DaGwL Jojxf/ hfFra'em ug]{ sfo{ljlw,
-3_ ;DklQsf] u'0f:t/ ;dLIff sfo{ljlw,
-_ ljQLo hf]lvd Joj:yfkgsf] -t/ntf, ;DklQbfloTj, ljb]zL d'b|f Joj:yfkg_ ;dLIff ;DaGwL
sfo{ljlw .
of]hgf, gLlt tyf sfo{ljlwx?sf] sfof{Gjog
a'Fbf g+= # b]lv ^ ;Dd pNn]v eP adf]lhd lg/LIf0f k|ltj]bgn] dfu u/]sf] of]hgf, gLlt tyf sfo{ljlwx?
;dLIffsf] nflu o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
k|ult ljj/0fsf] cg'udg
o; a}+saf6 a}+s tyf ljQLo ;+:yfsf] sf/f]af/ / k|ult ljj/0f ;DaGwdf lg/Gt/ ?kdf cg'udg ul/g] 5 .
o; a}+sn]] ;DalGwt Ohfhtkqk|fKt ;+:yfsf] k|To]s tLg dlxgfdf lqmofsnfk, of]hgf, gLlt tyf o; a}+sn]
lbPsf] lgb]{zg sfof{Gjogsf] cg'udg u/L lbPsf] ;'emfj ;DalGwt ;+:yfn] sfof{Gjog ug'{ u/fpg' kg]{5 .
;fy} o; a}+sn] lgb]{zg lbPsf] cj:Yffdf q}dfl;s k|ult ljj/0f / lgb]{zgsf] sfof{Gjog l:yltsf] k|ltj]bg
;d]t tf]lsPsf] cjlwleq pknAw u/fpg' kg]{5 .
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] Ohfhtkqk|fKt ;+:yfsf] lg/LIf0f tyf ;'kl/j]If0fsf] qmddf lbOPsf lgb]{zgx?
nfu" ug]{ sfo{ tflnsf ;DaGwL Joj:yf O=k|f=lgb]{zg g+= &)&! adf]lhdsf] lgb]{zg tyf ;f] kZrft ldlt
@)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
145
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f= lgb]{zg g+= *)&@
nufgL ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfsf] ljQLo ;|f]tsf] nufgLsf ;DaGwdf g]kfn

/fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!=
@=
#=
nufgL gLlt tyf sfo{ljlw :jLs[t u/fP/ dfq nfu" ug'{ kg]{
Ohfhtkqk|fKt ;+:yfn] ;/sf/L ;'/If0fkq, g]kfn /fi6 a}+s C0fkq tyf ;+ul7t ;+:yffx?sf] ;]o/ tyf
l8a]~r/df nufgL ug]{ gLlt tyf sfo{ljlw ;~rfns ;ldltaf6 :jLs[t u/fP/ dfq nfu" ug'{ kg]{5 .
;/sf/L ;'/If0fkq / g]kfn /fi6 a}+s C0fkqdf nufgL ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfnfO{ ;/sf/L ;'/If0fkq / g]kfn /fi6 a}+s C0fkqdf nufgL ug{ s'g} aGb]h nufOPsf]
5}g .
;+ul7t ;+:yfsf] ;]o/ tyf l8a]~r/df tyf cGo nufgL ;DaGwL Joj:yf
-!_ Ohfhtkqk|fKt ;+:yfn] ;j{;fwf/0fdf z]o/ ljqmL u/L g]kfn lwtf]kq ljlgdo ahf/df ;"rLs[t
eO;s]sf] ;+ul7t ;+:yfsf] z]o/ tyf l8a]~r/df dfq nufgL ug{' kg]{5 .
Ohfhtkqk|fKt ;+:yfn] lwtf]kq ljlgdo ahf/df ;"rLs[t eO{g;s]sf] s'g} ;+ul7t ;+:yfsf] z]o/ tyf
l8a]~r/df nufgL] u/]df nufgL u/]sf] ldltn] Ps jif{leq pQm z]o/ tyf l8a]~r/ ;"rLs[t gePsf]
v08df nufgL eP a/fa/sf] /sd nufgL ;dfof]hg sf]if v8f u/L ;f] sf]ifdf hDdf ug'{ kg]{5 .
To:tf] sf]ifdf /x]sf] /sd pQm z]o/ tyf l8a]~r/ ;"rLs[t geP;Dd cGo pkof]u ug{ kfOg] 5}g .
t/, k|rlnt sfg'g adf]lhd ;"rLs[t x'g gkg]{ ;+:yfdf Ohfhtkq k|fKt ;+:yfsf] zt\k|ltzt nufgL
/x]sf] cj:Yffdf nufgL ;dfof]hg sf]if v8f ug{ clgjfo{ x'g] 5}g .
o;}u/L, shf{ ;"rgf s]Gb| ln=, Nepal Clearing House Ltd. / National Banking Institute sf] z]o/df
nufgL ubf{ dfly pNn]v eP cg';f/sf] nufgL ;dfof]hg sf]if v8f ug'{ kg]{ ljBdfg Joj:yfdf 5'6
k|bfg ul/Psf] 5 .
-@_ v ju{sf] Ohfhhtkqk|fKt ;+:yfx?n] a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf $& sf]
pkbkmf -@_ sf] v08 -z_ / u ju{sf] Ohfhtkqk|fKt ;+:yfx?n] ;f]xL P]gsf] ;f]xL bkmfsf] pkbkmf
-#_ sf] v08 -k_ adf]lhd hUuf ljsf;, cfjf;Lo k|of]hgsf] nflu hUuf vl/b tyf 3/ lgdf{0f h:tf
kl/of]hgf ;~rfng ug]{ / To:tf 3/hUufsf] laqmL ljt/0f tyf Joj:yfkg ug]{ u/fpg] ;DaGwL sfo{
ubf{ ;DalGwt Ohfhtkqk|fKt ;+:yfn] 7Ls cl3Nnf] dlxgf sfod k|fylds k'FhLsf] @% k|ltzt eGbf
a9L nufgL ug{ kfOg] 5}g .
-#_ pk a'Fbf -@_ df plNnlvt afx]ssf cGo Ohfhtkqk|fKt ;+:yfn] cfjf; ejg lgdf{0f tyf hUuf
ljsf; (Housing and Land Development) kl/of]hgfdf nufgL ubf{ 7Ls cl3Nnf] dlxgf sfod
k|fylds k'FhLsf]] !) k|ltztdf ga9\g] u/L nufgL ug{ kfpg] 5 . t/ ;f] ;LdfeGbf a9L nufgL u/]sf]
kfOPdf a9L nufgL ePsf] /sd j/fj/ k'FhLsf]if u0fgf ubf{ k|fylds k"hLaf6 36fO{ k'FhLsf]if sfod
ul/g] 5 . o:tf] nufgL ubf{ klAns ln= sDkgLsf] ?kdf ;+:yfkgf ePsf cfjf; ejg lgdf{0f tyf
hUuf ljsf; sDkgLdf dfq ug'{ kg]{5 .
-$_ Ohfhtkqk|fKt ;+:yfn] s'g} Ps ;+ul7t ;+:yfsf] ;]o/, l8a]~r/ jf s'g} ;fd'lxs nufgL sf]ifdf
nufgL ubf{ 7Ls cl3Nnf] qodf;df sfod k|fylds k'FhLsf]] !) k|ltztdf ga9\g] u/L / ;a} ;+ul7t
;+:yfx?sf] ;]o/, l8a]~r/ jf ;fd'lxs nufgL sf]ifdf a9Ldf cfgf] k|fylds k'FhLsf]] #) k|ltztdf
ga9\g] u/L nufgL ug'{ kg]{5 . To;}u/L Ohfhtkqk|fKt ;+:yfn] ;+ul7t ;+:yfx?sf] ;]o/ tyf
l8a]~r/df nufgL ubf{ nufgL x'g] ;+:yfsf] r'Qmf k'FhLsf] !) k|ltzt;Dd tyf 3 ju{sf] ljQLo
;+:yfdf u/]sf] nufgLsf] xsdf pQm ;+:yfsf] r'Qmf k'FhLsf] @% k|ltzt;Dd dfq nufgL ug'{ kg]{5 .
146
-%_
-^_
-&_
$=
;]o/
-!_
nufgL ubf{sf] cj:yfdf tf]lsPsf] ;LdfeGbf a9L nufgL u/]sf] kfOPdf o;/L a9L nufgL ePsf] /sd
j/fj/ k'FhLsf]if u0fgf ubf{ k|fylds k'FhLaf6 36fO{ k'FhLsf]if sfod ul/g]5 .
Ohfhtkqk|fKt ;+:yfn] cfgf] ljQLo :jfy{ ePsf] sDkgLsf] xsdf cfgf] k|fylds k'FhLsf] @)
k|ltzt;Dd nufgL ug{ ;Sg]5 . ljQLo :jfy{ ePsf] ;+ul7t ;+:yfx?sf] ;]o/ tyf l8j]~r/df u/]sf]
s'n nufgL /sdnfO{ k'FhLsf]if u0fgf ubf{ k|fylds k'FhLaf6 36fO{ k'FhLsf]if sfod ug'{ kg]{5 .
t/ k|rlnt sfg'gL Joj:yf adf]lhd ;fd'lxs nufgL sf]ifdf sf]if k|j4{ssf] tkm{af6 clgjfo{ ?kdf
ljh k'FhL jfkt nufgL ug'{ kg]{ /sd k|fylds k'FhLaf6 36fpg clgjfo{ x'g] 5}g .
d'Vo sDkgLsf] ;~rfns ;ldlt jf ;~rfns ;ldltsf cWoIf;b:o ;xfos sDkgLsf] ;~rfns ;ldlt
jf ;~rfns ;ldltsf] cWoIf;b:osf] ?kdf /xg kfpg] 5}gg\ . of] lgb]{zg hf/L -ldlt @)^&.@.!)_
x'g'k'j{ Ohfhtkqk|fKt ;+:yfsf ;~rfns ;xfos sDkgLsf] klg ;~rfns /x]sfsf] xsdf d'Vo sDkgLsf]
cf;Gg klxnf] ;fwf/0f;ef jf of] kl/kq hf/L ePsf] ldltn] ! jif{leqdWo] h'g klxn] x'G5, ;f]
cjlwleqdf xl6;Sg' kg]{5 .
a}+s tyf ljQLo ;+:yfn] hnljB't kl/of]hgf, ljB't k|;f/0f nfOg / s]jnsf/ lgdf{0f kl/of]hgf
;~rfng ug{ :yflkt klAns lnld6]8 sDkgLsf] ;]o/ jf l8j]~r/df nufgL u/]sf] /sd lwtf]kq
ljlgdo ahf/df ;'rLs[t eOg;s]sf To:tf kl/of]hgfx?df nufgL u/]sf] /x]5 eg] To:tf] nufgL
u/]sf] ldltn] # jif{leq pQm ;]o/ tyf l8a]~r/ ;'rLs[t gePsf] v08df nufgL eP a/fa/sf] ;Dk"0f{
/sd nufgL ;dfof]hg sf]if v8f u/L ;f] sf]ifdf hDdf ug'{ kg]{5 . To:tf] sf]ifdf /x]sf] /sd pQm
;]o/ tyf l8a]~r/ ;'rLs[t geP;Dd cGo s'g} klg k|of]hgsf] nflu pkof]u ug{ kfOg] 5}g .
tyf l8j]~r/ k|Tofe"lt ;DaGwL Joj:yf
s ju{sf] Ohfhtkqk|fKt ;+:yfnfO{ ;+ul7t ;+:yfsf] ;]o/ tyf l8j]~r/ k|Tofe"lt ug{ s'g} ;Ldf
nufOPsf] 5}g . v / u ju{sf Ohfhtkqk|fKt ;+:yfsf] xsdf b]xfo adf]lhd ;Ldf;Dd dfq
k|Tofe"lt ug{ ;Sg] u/L ;Ldf lgwf{/0f ul/Psf] 5 .
Ohfhtkqk|fKt ;+:yf
v ju{
u ju{
%=
^=
s'g} Ps ;+ul7t ;+:yf

cfgf] k|fylds k'FhLsf] @)
k|ltzt;Dd
cfgf] k|fylds k'FhLsf] !)
k|ltzt;Dd
;a} ;+ul7t ;+:yf

cfgf] k|fylds k'FhLsf] zt
k|ltzt;Dd
cfgf] k|fylds k'FhLsf] %)
k|ltzt;Dd
t/, v / u ju{sf Ohfhtkqk|fKt ;+:yfn] o; a}+saf6 Ohfhtkqk|fKt ;+:yfsf] ;]o/ tyf

l8a]Gr/ k|Tofe"lt ug]{ ePdf cfgf] k|fylds k'FhLsf] tf]lsPsf] ;Ldf;Dd dfq k|Tofe"lt ug{ ;Sg]
Joj:yf clgjfo{ x'g] 5}g .
-@_ Ohfhtkqk|fKt ;+:yfn] pka'Fbf -!_ adf]lhd k|Tofe"lt u/]sf] ;]o/ laqmL ljt/0f geO{ cfkm}n] vl/b
ug'{k/]df To;/L vl/b u/]sf] ;]o/ ;]o/ k|Tofe"lt u/]sf] ldltn] Ps jif{leq laqmL ljt/0f u/L ;Sg'
kg]{5 . tf]lsPsf] ;doleq laqmL ljt/0f ug{ g;s]df tf]lsPsf] ;LdfeGbf a9L nufgL ePsf] /sd
k'FhLsf]if u0fgf ubf{ k|fylds k"hLaf6 36fO{ k'FhLsf]if sfod ul/g] 5 .
nufgLsf] k'g/fjnf]sg ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfn] cw{jflif{s?kdf cfgf] nufgLsf] k'g/fjnf]sg ug]{ Joj:yf ug'{ kg]{5 . o;/L
k'g/fjnf]sg ubf{ Ohfhtkqk|fKt ;+:yfsf] cfGtl/s n]vfkl/Ifsaf6 ljBdfg nufgL gLlt tyf o; lgb]{zg
adf]lhd nufgL ul/Psf] Joxf]/f k|dfl0ft u/fO{ cw{jflif{s cjlw ;dfKt ePsf]] ! dlxgfleq ;+:yfsf]
Joj:yfkgjf6 :jLs[t u/fpg' kg]{5 . o;/L ;+:yfsf] Joj:yfkgjf6 :jLs[t u/]sf] lg0f{osf] k|ltlnkL k|To]s
jif{sf] kmfNu'0f !% / ebf} !% ut]leq a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf
k]z ug'{ kg]{5 .
;]o/ tyf l8a]~r/sf] d"Nofg
Ohfhtkqk|fKt ;+:yfsf] ;]o/ tyf l8a]~r/ sf/f]af/nfO{ lgb]{zg kmf=g+= *=!, *=@ / *=# adf]lhd k|To]s
sDkgLsf] cnu\ cnu\ 5'6\ofO{ vl/b d'No jf ahf/ d"NodWo] h'g sd x'G5 To;sf] cfwf/df cw{jflif{s ?kdf
d"Nofg u/L cfgf] ;DklQdf b]vfpg' kg]{5 .
t/, s'g} sDkgLsf] ;]o/ tyf l8a]~r/sf] vl/b d"NoeGbf ahf/ d'No sd eO{ km/s kg{ cfPsf] /sdnfO{
gfkmfgf]S;fg lx;fadf vr{ n]vL nufgLdf ;+efljt xfgL afkt Joj:yf zLif{sdf hDdf ug'{ kg]{5 .
147
;fy}, nufgLsf] d"Nofg ubf{ O{=k|f= lgb]{zg $)&) sf] a'Fbf g+= @ =v=# -nufgL ;DaGwL gLlt_ df ePsf]
Joj:yf adf]lhd g} d"Nofg ug]{ / o; ;DaGwL ljj/0f ;+nUg g]=/f=a}+=lgb]{zg kmf=g+= *=@ sf] 9fFrfdf tof/
ug'{ kg]{5 .
&= :jk|of]hgsf] nflu crn ;DklQ vl/blgdf{0fsf] ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] cfgf] k|of]hgsf] lgldQ cfjZos k/]df afx]s crn ;DklQ vl/b
ug{ u/fpg x'Fb}g . of] Joj:yfn] v / u ju{sf Ohfhtkqk|fKt ;+:yfn] a}+s tyf ljQLo ;+:yf ;DaGwL
P]g, @)^# sf] bkmf $& sf] clwgdf /xL 3/ hUufsf] vl/b laqmL, ljt/0f tyf Joj:yfkg ug{ afwf k'u]sf]
dflgg] 5}g . Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] cfgf] k|of]hgsf] lgldQ hUuf, ejg jf b'j} cfjZos
k/]df b]xfosf] zt{x?sf] clwgdf /xL vl/b jf lgdf{0f ug{ ;Sg] 5 .
-s_ a}+sljQLo ;+:yf ;+:yfkgf ubf{sf] ;Dk"0f{ k'j{ ;~rfng vr{ (Pre operating expenses) ckn]vg
eO{;s]sf] x'g'kg]{5 .
-v_ k|aGwkqlgodfjnLdf pNn]v eP adf]lhdsf] ;]o/ ;j{;fwf/0fdf hf/L u/L ;s]kl5sf] klxnf] ;fwf/0f
;ef ;DkGg ePsf] x'g'kg]{5 .
-u_ ljut @ jif{b]lv lg/Gt/ v'b d'gfkmfdf ;~rfng ePsf] x'g'kg]{5 .
-3_ o; a}+sn] hf/L u/]sf] lgb]{zg adf]lhd k'FhLsf]if kof{Kt /x]sf] x'g'kg]{5 .
-_ hUuf, ejg jf b'j} vl/b tyf ejg lgdf{0f ubf{ k|ltk6s cfgf] k|fylds k'FhLsf] !% k|ltztsf] ;Ldf
leq /xL ug'{kg]{5 .
-r_ v08 -s_ b]lv -_ ;Dd plNnlvt cj:yf k'/f gu/L hUuf, ejg jf b'j} vl/b jf lgdf{0f u/]df ;f]
a/fa/sf] /sd k|fylds k'FhLsf]if u0fgf ubf{ 36fpg' kg]{5 .
-5_ hUuf, ejg jf b'j} vl/b u/]sf] jf ejg lgdf{0f ;DkGg ePsf] ldltaf6 # jif{;Dd cfgf] k|of]udf
gcfPdf ;f] a/fa/sf] /sd k|fylds k'FhLsf]if u0fgf ubf{ 36fpg' kg]{5 .
;fy}, of] lgb{]zg hf/L x'g' k'j{ cfkmgf] k|of]hgsf nflu ejghUuf vl/b u/]sf] cj:yfdf klxnf]k6s
of] lgb{]zg hf/L ePsf] ldlt @)^(#@( n] # jif{ -ldlt @)&@#@*_ leq :jk|of]hgdf cfO{;Sg'
kg{]5, cGoyf ;f] a/fa/sf] /sd k|fylds k'FhLsf]if u0fgf ubf{ 36fpg' kg]{5 .
-h_ To:tf] hUuf, ejg jf b'j} cfgf] k|of]hgdf gcfpg] b]lvPdf laqmL ug'{kg]{5 .
*= nufgL ;DaGwL yk Joj:yf
-!_ Ohfhtkqk|fKt ;+:yfn] o; a}+saf6 Ohfhtkqk|fKt s, v / u ju{sf cGo ;+:yfx?f/f hf/L
u/]sf ;]o/ ;'/If0fkq tyf xfOlj|8 k'FhL pks/0fx?df nufgL ug{ kfO{g] 5}g . t/, o; a}+ssf] :jLs[lt
lnP/ nufgL u/]sf] ;+:yfsf] ;]o/ nufgLsf] xsdf of] Joj:Yff nfu" x'g] 5}g .
-@_ nufgL ;DaGwL lgb]{zgdf pNn]v ul/Psf] k|fylds k'FhL eGgfn] ljz]if pNn]v u/]sf]df afx]s 7Ls
cl3Nnf] qodf;df sfod k|fylds k'FhLnfO{ a'emfpF5 .
(= nufgL ;DaGwL lgb]{zgsf] kfngf gu/]df x'g] sf/jfxL
Ohfhtkqk|fKt ;+:yfn] nufgL ;DaGwL lgb]{zgsf] kfngf gu/]df g]kfn /fi6 a}+s P]g, @)%* sf] bkmf (( jf
bkmf !)) df plNnlvt s'g} klg sf/jfxL ug{ ;lsg] 5 .
!)= vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] nufgL ;DaGwL Joj:yf O=k|f=lgb]{zg g+= *)&! adf]lhdsf] lgb]{zg tyf
;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
148
g]=/f= a}+s lgb]{zg kmf=g+= *=!

;/sf/L C0fkq / g]kfn /fi6 a}s C0fkqdf ePsf] nufgL ljj/0f -dfl;s_
@) ======;fn ============dlxgf
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qm=;+=
ljj/0f
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s'n
ldlt
clws[t b:tvt
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sDkgLsf] ;]o/k"hLdf ePsf] nufgL ljj/0f -dfl;s_
@) ======;fn ============dlxgf
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k/n d"No
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@) ======;fn ============dlxgf
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s'n
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149
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
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tYof ljj/)f ;DaGwL Joj:yf .
b]zsf] cfly{s, df}lb|s l:ylt Pj ljQLo ultljlwsf] d"Nofg Pj ljZn]if0f ug'{sf ;fy} Ohfhtkqk|fKt
;+:yfsf] u}/:ynut ;'k/Lj]If0f ug]{ ;Gbe{df a}+ls tyf ljQLo tYofsf] dxTjk"0f{ e"ldsf /xg] x'Fbf ;dod}
To:tf tYof ljj/0fx? ;xL Pj z'4 ?kdf pknAw u/fpg g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf]
clwsf/ k|of]u u/L g]kfn /fi6 a}+sdf k]z ug'{ kg]{ tYof ;DaGwL Joj:yf ;DaGwdf b]xfosf] lgb]{zg hf/L
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1. Ohfhtkqk|fKt s, v / u ju{sf ;+:yfx?n] a+'bf g+= @ cg';f/sf ljj/0fx? Excel sheet df tof/ kf/L
a'+bf g+= % df pNn]lvt Od]n dfkm{t ;DalGwt ljefux?df tyf a+'bf g+= $ cg';f/sf ljj/0fx? o; a}+ssf] web
address df log in u/L k|fKt lgb]{zg cg';f/ Posting jf Upload ug'{ kg]{5 .
2. Ohfhtkqk|fKt s, v / u ju{sf ;+:yfx?n] cfgf zfvfx?sf] ;d]t ;dli6ut (Consolidated)
?kdf tkl;n adf]lhdsf ljj/0fx? tof/ u/L a}+s tyf ljQLo ;+:yf lgodg ljefu, ;DjlGwt ;'kl/j]If0f
ljefu tyf cg';Gwfg ljefudf k7fpg' kg]{5 M
(1)
lgb]{zg kmf=g+= %=#, *=!, *=@, *=#, (=!, (=@, (=#, (=# -s_, (=$, (=&, (=*, (=(, (=!& / (=!*,
!%=! !%=@ / !&=! cg';f/sf ljj/0fx? dfl;s ?kdf dlxgf ;dfKt ePsf] ldltn] !% lbg leq .
(2) lgb]{zg kmf=g+= @=!, @=@, @=# qodf; ;dfKt ePsf] ldltn] #) lbg leq / @=%, %=!, %=@, (=%, (=^,
(=^=!, (=!), (=!!, (=!@ / !!=! adf]lhdsf ljj/0fx? q}dfl;s ?kdf qodf; ;dfKt ePsf] ldltn]
!% lbg leq .
(3)
lgb]{z g kmf=g+= (=!( / !&=@, !&=# adf]lhdsf] ljj/0fx? cw{jflif{s ?kdf sf/f]jf/ ;dfKt ePsf]
ldltn] !%| lbgleq .
(4) pk/f]Qm tYof ljj/0fsf] Psk|lt Hard Copy ;DalGwt clws[tsf] ;lx5fk u/L ;DalGwt ;'kl/j]If0f
ljefudf k7fpg' kg]{5 .
3. a'Fbf @ cg';f/sf tYofx? k7fpgsf nflu o; a}+ssf] j]j;fO6df /flvPsf] PS;]n l;6df cfwfl/t kmf/fdx?
e/L ;f]xL adf]lhd k7fpg' kg]{5, / gePsf kmf/fdx? 5'} PS;]ndf cfwl/t kmf/fdx? agfO{ lgb]{zg cg';f/
k7fpg'kg]{ 5 . lgwf{l/t 9fFrfdf Row, Column jf Sheet nufot Format df cfk"mv';L s'g} yk36 ug{ kfOg]
5}g . tYof ljj/0fdf s ju{sf a}+s tyf ljQLo ;+:yfx?n] clgjfo{ ?kdf ?= bz nfvdf (Rs. in
million) / cGo ;+:yfn] ?= xhf/df (Rs. in thousand) pNn]v u/L k7fpg' kg]{5 . tYof ljj/0f g]kfnL
efiffdf k7fpFbf clgjfo{ ?kdf Bishall Font df k7fpg' kg]{5 . o:tf] Font o; a}+ssf] j]j;fO6
www.nrb.org.np af6 ;d]t 8fpgnf]8 ug{ ;lsg]5 .
4. Ohfhtkqk|fKt s, v / u ju{sf ;+:yfx?n] cfgf zfvfx?sf] ;d]t ;dli6ut (Consolidated) ?kdf
tkl;n adf]lhdsf ljj/0fx? tof/ u/L o; a}+ssf] Website dfkm{t Online Reporting ug'{ kg]{5 M
(1)
lgb]{zg #=!) cg';f/ k7fpg' kg]{ 7'nf C0fLx?sf] ljj/0f q}dfl;s ?kdf qodf; ;dfKt ePsf] Ps
dlxgf leq j]a;fO6df pNn]v ePsf] 9f+rfdf Upload ug{' kg]{5 .
(2)
cg';"rL ^=$ cg';f/ k7fpg' kg]{ ;+:yfx?sf] ;+rfns tyf k|d'v sfo{sf/L clws[tsf] gfd,
y/, 7]ufgf nufotsf cGo ljj/0fx? lgo'lQm ePsf] jf kbfjlw ;dfKt ePsf] lbgdf g} j]a;fO6df
pNn]v ePsf] 9f+rfdf Posting ug{' kg]{5 .
(3)
lgb]{zg kmf/fd (=!$ cg';f/ k7fpg' kg]{ q}dfl;s ljQLo ljj/0f tyf lgb]{zg kmf/fd (=!%
150
cg';f/ k7fpg' kg]{ E-banking ;DaGwL ljj/0f qo;df; ;dfKt ePsf] !% lbg leq j]a;fO6df
pNn]v ePsf] 9f+rfdf Upload ug{' kg]{5 .
(4)
lgb]z
{ g kmf/fd (=!^ cg';f/ k7fpg' kg]{ s]Gb|Lo sfof{no, zfvf sfof{nox? / cGo
sfof{nox? ;d]t ;Dk"0f{ sfof{nox?sf] ljj/0f sfof{no ;+rfngvf/]h ePs} ldltdf / zfvfut
shf{ / lgIf]ksf] ljj/0f dlxgf ;dfKt ePsf] !% lbgleq j]a;fO6df pNn]v ePsf] 9f+rfdf Upload
ug{' kg]{5 .
5. lgb]{zg kmf=g+= (=!# cg';f/ k7fpg'kg]{ cGt/a}+s sf/f]jf/ (Interbank transaction) ;DaGwL ljj/0f ;f]xL lbg
sfof{no ;doleq j]a;fO6df pNn]v ePsf] 9+frfdf Posting ug{' kg]{5 .
6. Od]n dfkm{t tYof+s k7fpFbf lgDgfg';f/sf] Od]n 7]ufgfdf k7fpg' kg]{5 M
Ohfhtkqk|f
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Od]n 7]ufgf
ju{
bfistata@nrb.org.np
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bsdoffsite@nrb.org.np
Ohfhtkqk|f a}+s ;'kl/j]If0f ljefu
researchreportcb@nrb.org.np
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bfistatb@nrb.org.np
v ju{sf
fsidreportsdb@nrb.org.np
Ohfhtkqk|f ljsf; a}+s ;'kl/j]If0f ljefu
nrbdbsdstat@nrb.org.np
researchreportdb@nrb.org.np
bfistatc@nrb.org.np
u ju{sf
fsidreportsfc@nrb.org.np
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kbflwsf/Lsf] gfd, kmf]g g+= / Od]n 7]ufgf ;d]t pNn]v ug'{ kg]{5 . tf]lsPsf ljj/0fx? oyf;dodf k|fKt
gePdf ;DjlGwt kbflwsf/LnfO{ pQ/bfoL agfO o; a}+sn] lbPsf] lgb]{zg adf]lhd sf/jfxL ug{ ;lsg] 5 .
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#=$=!
#=$=!=!
#=$=!=!=!
u}/cfjf;Lo If]q
JolQmut
cfjf;Lo
u}/cfjf;Lo
ljb]zL d'b|fdf
;+:yfut
cGo ;+:yfx?
ljb]zL a}+sx?
ljb]zL ;+:yfx?
cGo cfjf;Lo If]q
u}/cfjf;Lo If]q
JolQmut
cfjf;Lo
u}/cfjf;Lo
d'2lt
:jb]zL d'b|fdf
;+:yfut
u}/;/sf/L ;+:yfx?
sd{rf/L ;+rosf]if
gful/s nufgL sf]if
cGo ljQLo ;+:yfx?
g]kfnL ;]gf
g]kfn k|x/L
;z:q k|x/L an
:yfgLo ;/sf/
cGo ;/sf/L lgsfo
cGo ;+:yfx?
ljb]zL a}+sx?
ljb]zL ;+:yfx?
cGo cfjf;Lo If]q
u}/cfjf;Lo If]q
JolQmut
cfjf;Lo
u}/cfjf;Lo
ljb]zL d'b|fdf
;+:yfut
cGo ;+:yfx?
ljb]zL a}+sx?
ljb]zL ;+:yfx?
cGo cfjf;Lo If]q
u}/cfjf;Lo If]q
JolQmut
cfjf;Lo
u}/cfjf;Lo
dfu]sf] avt lbg'kg]{ /sd
:jb]zL d'b|fdf
;+:yfut
^=!=@
ljb]zL d'b|fdf
^=!=@=!
^=@=!=@
^=@=!=#
^=@=!=$
cGo ljQLo ;+:yfx?
^=@=!=%
u}/ljQLo ;/sf/L ;+:yfx?
^=@=!=%
lghL u}/ljQLo ;+:yfx?
^=@
JolQmut
^=@=!
:jb]zL d'b|f
^=@=@
ljb]zL d'b|f
^=#
u}/ cfjf;Lo If]q
^=#=!
:jb]zL d'b|f
^=#=@
ljb]zL d'b|f
^=$
o'jf :j/f]huf/ sf]if
&=
lan vl/b
&=!
:jb]zL lan vl/b
&=!=!
;+:yfut
&=!=@
JolQmut
&=@
ljb]zL lan vl/b
&=@=!
ef/tdf e'QmfgL x'g]
&=!=!
;+:yfut
&=!=@
JolQmut
&=@=@
cGo d'n'sdf e'QmfgL x'g]
&=!=!
;+:yfut
&=!=@
JolQmut
&=#
cfoft lan vl/b
]*=
sn]S;gdf lnOPsf lanx?df ;fk6
*=!
:jb]zL lansf] lwtf]df
*=@
ljb]zL lansf] lwtf]df
(=
l:y/ ;DklQ
(=!
hUuf
(=@
ejg
(=#
kmlg{r/lkmS;r/
(=$
;jf/L ;fwg
(=%
sDKo'6/ tyf d]zLg/L
(=^
k'FhLut lgdf{0f vr{
(=&
lnh xf]N8 ;DklQ
(=*
;6j]o/
(=(
cGo
!)=
cGo ;DklQ
!)=!
c;'n ug{ afFsL Aofh
!)=!=!
nufgLdf
!)=!=!=! ;/sf/L C0fkqdf
!)=!=!=@
cGo nufgLdf
!)=!=!=@=!
:jb]zL d'b|fdf
!)=!=!=@=@
ljb]zL d'b|fdf
!)=!=@
shf{ ;fk6df
!)=!=#=!
;+:yfut
!)=!=#=!=!
:jb]zL d'b|fdf
!)=!=#=!=!=! 3 ju{sf Ohfhtkqk|fKt ;+:yfx?
!)=!=#=!=!=@ cGo ju{sf Ohfhtkqk|fKt ;+:yfx?
!)=!=#=!=!=% art tyf C0f ;xsf/L
!)=!=#=!=!=^ k]G;g sf]if tyf aLdf sDkgLx?
!)=!=#=!=!=& cGo ljQLo ;+:yfx?
!)=!=#=!=!=!) u}/ ljQLo ;/sf/L ;+:yfgx?
!)=!=#=!=!=!! lghL u}/ljQLo ;+:yf?
!)=!=#=!=@
ljb]zL d'b|fdf
!)=!=#=!=@=! Ohfhtkqk|fKt ;+:yfx?
!)=!=#=!=@=@ cGo ljQLo ;+:yfx?
!)=!=#=!=@=# lghL u}/ljQLo ;+:yfgx?
!)=!=#=@
JolQmut
!)=!=#=@=!
:jb]zL d'b|f
154
#=$=!=!=@ v ju{ Ohfhtkqk|fKt ;+:yfx?

#=$=!=!=# u ju{ Ohfhtkqk|fKt ;+:yfx?
#=$=!=!=$ 3 ju{ Ohfhtkqk|fKt ;+:yfx?
#=$=!=!=% art tyf C0f ;xsf/L ;+:yfx?
#=$=!=!=^ u}/;/sf/L ;+:yfx?
#=$=!=!=& sd{rf/L ;+rosf]if
#=$=!=!=* gful/s nufgL sf]if
#=$=!=!=( k]G;g sf]if tyf aLdf sDkgLx?
#=$=!=!=!) cGo ljQLo ;+:yfx?
#=$=!=!=!! g]kfnL ;]gf
#=$=!=!=!@ g]kfn k|x/L
#=$=!=!=!# ;z:q k|x/L an
#=$=!=!=!$ :yfgLo ;/sf/
#=$=!=!=!% cGo ;/sf/L lgsfo
#=$=!=!=!^ u}/ ljQLo ;/sf/L ;+:yfx?
#=$=!=!=!& u}/ ljQLo lghL ;+:yfx?
#=$=!=!=!* cGo ;+:yfx?
#=$=!=!=!( ljb]zL a}+sx?
#=$=!=!=@) ljb]zL ;+:yfx?
#=$=!=!=@! cGo cfjf;Lo If]q
#=$=!=!=@@ u}/cfjf;Lo If]q
#=$=!=@
JolQmut
#=$=!=@=! cfjf;Lo
#=$=!=@=@ u}/cfjf;Lo
#=$=@
ljb]zL d'b|fdf
#=$=@=!
;+:yfut
#=$=@=!=! s ju{sf Ohfhtkqk|fKt ;+:yfx?
#=$=@=!=@ v ju{sf Ohfhtkqk|fKt ;+:yfx?
#=$=@=!=# u ju{sf Ohfhtkqk|fKt ;+:yfx?
#=$=@=!=$ cGo ;+:yfx?
#=$=@=!=% ljb]zL a}+sx?
#=$=@=!=^ ljb]zL ;+:yfx?
#=$=@=!=& cGo cfjf;Lo If]q
#=$=@=!=* u}/cfjf;Lo If]q
#=$=@=@
JolQmut
#=$=@=@=! cfjf;Lo
#=$=@=@=@ u}/cfjf;Lo
#=%=
;l6{lkms]6 ckm l8kf]lh6
#=%=!
;+:yfut
#=%=!=!
cfjf;Lo
#=%=!=@
u}/cfjf;Lo
#=%=@
JolQmut
#=%=@=!
cfjf;Lo
#=%=@=@
u}/cfjf;Lo
#=^
dflh{g lx;fa
#=^=!
:jb]zL d'b|f
#=^=!=!
cfjf;Lo
#=^=!=@
u}/cfjf;Lo
#=^=@
ljb]zL d'b|f
#=^=@=!
cfjf;Lo
#=^=@=@
u}/cfjf;Lo
#=&
vhfGrLsf] hdfgt
#=*
e'StfgL Dofb gf3]sf] d'2lt lgIf]k
#=(
cGo
$=
e'QmfgL lbg'kg]{ lanx?
$=!
:jb]zL d'b|f
$=!=!
8f6
$=!=!=! cfjf;Lo If]q
$=!=!=@ u}/ cfj;Lo If]q
$=!=@
e'QmfgL cfb]z (Pay order)
$=!=@=! cfjf;Lo If]q
$=!=@=@
u}/ cfj;Lo If]q
$=@
ljb]zL d'b|f
!)=!=#=@=@
!)=!=#=#
!)=!=#=#=!
!)=!=#=#=@
!)=!=#=$
!)=!=$
!)=@
!)=#
!)=$
!)=%
!)=^
!)=^=!
!)=^=@
!)=&
!)=*
!)=(
!)=!)
!)=!@
!!=
!!=!
!!=@
!!=#
!@=
!#=
!# =!
!#=@
!#=#
!#=$
!#=%
!$=
ljb]zL d'b|f
u}/ cfjf;Lo If]q
:jb]zL d'b|f
ljb]zL d'b|f
o'jf :j/f]huf/ sf]if
cGo
d;nGb df}Hbft
sd{rf/L ;fk6Lk]ZsL
;08L 8]6;{
clu|d e'QmfgL
lSnol/ r]s
:jb]zL d'b|f
ljb]zL d'b|f
dfu{:y gub (Cash in Transit)
lagf ;'rgf e'QmfgL lbOPsf 8f6
clu|d s/ e'QmfgL
Voflt
cGo
ckn]vg x'g afFsL vr{
k'j{ ;~rfng vr{
dh{/ vr{
cGo
u}/ a}+ls ;DklQ
lx;fj ldnfg
s]Gb|Lo sfof{no
zfvf sfof{no
lgj[lQe/0f
;/sf/L sf/f]af/
C0fsf]if
sG6f lx;fj
!$=!
sn]S;gdf lnOPsf lanx?
!$=!=!
:jb]zL d'b|f
!$=!=!=!
cfjf;Lo
!$=!=!=@ u}/ cfjf;Lo
!$=!=@
ljb]zL d'b|f
!$=!=@=! cfjf;Lo
!$=!=@=@ u}/ cfjf;Lo
!%=
gfkmfgf]S;fg lx;fj
!%=!
ut dlxgf;Dds]f
!%=@
o; dlxgfsf]
155
$=@=!
$=@=!=!
$=@=!=@
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$=@=@=!
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%=
%=!
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%=#
%=$
%=%
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%=(
%=(=!
%=(=@
%=(=@=!
%=(=@=@
%=(=@=#
%=(=@=$
%=(=@=%
%=(=@=^
8f6
cfjf;Lo If]q
u}/ cfj;Lo If]q
e'QmfgL cfb]z
cfjf;Lo If]q
u}/ cfj;Lo If]q
cGo bfloTj tyf Joj:yfx?
;08L q]ml86;{
k]G;g tyf pkbfg sf]if
sd{rf/L ;+rosf]if
sd{rf/L sNof0fsf]if
sd{rf/L tflndsf]if
k|:tfljt tyf e'QmfgL lbg afFsL nfef+z
cfos/ Joj:yf
;fdfGo shf{ gf]S;fgL Joj:yf
ljz]if shf{ gf]S;fgL Joj:yf
k'g/;+/rgfk'g/tflnlss/0f shf{
sd;n shf{
z+sf:kb shf{
v/fa shf{
Psn u|fxs ;Ldf gf3]sf] shf{
JolQmut hdfgLt];|f]kIfsf] lwtf]df k|jfx
ePsf] shf{ -yk @) k|ltzt_
%=(=#
cltl/Qm shf{ gf]S;fgL Joj:yf
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nufgL ;DaGwL gf]S;fgL Joj:yf
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u}/ a}+ls ;DklQ gf]S;fgL Joj:Yff
%=!@
cGo ;DklQ gf]S;fgL Joj:yf
%=!#
Aofh d'NtaL lx;fj
%=!#=!
ut cjlw;Ddsf]
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o; cjlwdf yk
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o; cjlwdf c;'nL ePsf]
%=!$
lgIf]kdf lbg'kg]{ Aofh
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art
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d'2lt
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cGo
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lgIf]k Aofhs/
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x|f; sL sf]if
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kfsL g;s]sf] cfDbfgL
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cGo
^=
lx;fj ldnfg
^=!
s]Gb|Lo sfof{no
^=@
If]qLozfvf sfof{no
^=#
lgj[lQ e/0f
^=$
;/sf/L sf/f]af/
^=%
C0fsf]if
&=
sG6f lx;fj
&=!
sn]S;gdf lnOPsf lanx?
&=!=!
:jb]zL d'b|f
&=!=!=!
cfjf;Lo
&=!=!=@
u}/ cfjf;Lo
&=!=@
ljb]zL d'b|f
&=!=@=!
cfjf;Lo
&=!=@=@
u}/ cfjf;Lo
*=
gfkmf gf]S;fg lx;fj
*=!
ut dlxgf;Ddsf]
*=@
o; dlxgfsf]
hDdf
hDdf
gf]6M dfly tf]lsPsf] s'g} zLif{s cGtu{t /sd g/x]sf] eP tfklg ;f] zLif{s sfod} /fvL o; a}+sn] tf]s]sf] 9fFrfdf s'g} kl/jt{g ug{ kfOg] 5}g . o; kmf/fdsf
pkzLif{sx?df ePsf sf/f]af/x? lglb{i6 :yfgdf clgjfo{ ?kdf b]vfO{ To;sf] hf]8 k|To]s pkzLif{s xF'b} d"n zLif{s;Dd ug'{ kg]{5 .
156
jf;nft aflx/sf sf/f]af/ -;Defljt bfloTjx?_ M
!=
@=
#=
$=
%=
^=
&=
*=
(=
!)=
!!=
!@=
!#=
!$=
!%=
!^=
sn]S;gdf /x]sf lanx?M

s= :jb]zL d'b|f
v= ljb]zL d'b|f
km/jf8{ PS:r]~h sG6fS6sf] afFsL bfloTjx
k|lttkqx? -dflh{g g36fO{ k'/f /sd_M
s= ^ dlxgfeGbf sd cjlwsf]
v= ^ dlxgfeGbf a9L cjlwsf]
cGt/f{li6o >]0fLs[t (Rated) ljb]zL Ohfhtkqk|fKt ;+:yfsf] sfp06/ Uof/]06Ldf hf/L u/]sf] Uof/]06L
Dofb gfl3g;s]sf] Uof/]06L aG8M
s= la8 aG8
v= k/km/d]G; aG8
k|Tofe"lt ;DaGwL k|ltj4tf (Underwriting commitment)
k'gM vl/b ug]{ zt{df laqmL u/]sf] shf{
clu|d e'QmfgL Uof/]06L (Advance Payment Guarantee)
cfos/ jfkt ;Defljt bfloTj (Contingent Liabilities on Income Tax)
Acceptance, Endorsement ;lxt cGo ;a} k|sf/sf ;Defljt bfloTjx?
k'gM l8:sfpG6 ul/Psf lanx
e'QmfgLsf] nflu bfjL k/]sf] hdfgt
--------------------------------------------------*
cGo hu]8f tyf sf]ifx? cGtu{t nufgLdf /x]sf] /sdnfO{ ;d]t v'nfpg' (Disclose) kg]{5 .
**
Ohfhtkqk|fKt ;+:yfx?sf] gfd v'nfpg' kg]{5 . o;sf] nflu 5'} kmf/fd k|of]u ug{ ;lsg]5 .
ljj/0f tof/ ug]{sf]
ljj/0f k]z ug]{ clws[tsf]
gfd
gfd
bhf{
bhf{
b:tvt
b:tvt M
ldlt
ldlt
157
g]=/f=a}+s lgb]{zg kmf=g+=(=@

========================================== lnld6]8
gfkmf gf]S;fg lx;fj
@) ====== b]lv @) ========= ;Dd -dfl;s_
-?=bz nfvdf_
vr{
o; dlxgf ut dlxgf
;Ddsf] = ;Ddsf] =
!=
Aofh vr{
!=! lgIf]k bfloTjdf
!=!=! artdf
!=!=@ d'2ltdf
!=!=@=! # dlxgf;Ddsf] d'2ltdf
!=!=@=@ # b]lv ^ dlxg;Ddsf] d'2ltdf
!=!=@=# ^ dlxgfb]lv ! jif{;Ddsf] d'2ltdf
!=!=@=$ ! jif{eGbf dflysf] d'2ltdf
!=!=# dfu]sf] avt ltg'{kg]{ lgIf]kdf
!=!=$ ;l6{lkms]6 ckm l8kf]lh6df
!=@ cGt/ a}+s/ ljQLo ;+:yf ;fk6L
!=@=! g]kfn /fi6 a}+s
!=@=@ cGt/ a}+s/ ljQLo ;+:yf
!=@=# cGo ;fk6L
@
sld;g vr{
#=
sd{rf/L vr{
#=! tna eQf
#=@ cGo vr{
$=
;~rfng vr{
$=! 3/ef8f
$=@ x|f;sL
$=# d;nGb
$=$ OFwg
$=% cGo ;~rfng vr{
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;6xL 36a9 gf]S;fgL
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%=@ ljb]zL d'b|f sf/f]af/af6 -af afx]s_
^=
u}/ ;~rfng vr{
&=
hf]lvd ;DaGwL Joj:yf
&=! shf{ gf]S;fgL Joj:yf
&=!=! ;fdfGo shf{ gf]S;fgL Joj:yf
&=!=@ ljz]if shf{ gf]S;fgL Joj:yf
&=!=@=! k'g/;+/rgfk'g/tflnlss/0f shf{
gf]S;fgL Joj:yf
&=!=@=@ sd;n shf{ gf]S;fgL Joj:yf
&=!=@=# z+sf:kb shf{ gf]S;fgL Joj:yf
&=!=@=$ v/fa shf{ gf]S;fgL Joj:yf
&=!=@=% Psn u|fxs ;Ldf gf3]sf] shf{sf] gf]S;fgL
Joj:yf
&=!=@=^ JolQmtu hdfgLt];|f]kIfsf] lwtf]df k|jfx
ePsf] shf{sf] yk gf]S;fgL Joj:yf
&=!=# cltl/Qm shf{ gf]S;fgL Joj:yf
&=@ u}/ a}+ls ;DklQ gf]S;fgL Joj:yf
&=# nufgLdf ;Defljt gf]S;fgL Joj:yf
&=$ nufgL ;dfof]hg sf]if
&=% cGo ;DklQsf] gf]S;fgL Joj:yf
*=
c;'nL x'g g;Sg] shf{sf] ckn]vg
(=
c;fdfGo sf/f]af/x?af6 ePsf] vr{
!)= sd{rf/L af]g; Joj:yf
!!= cfos/ Joj:yf
!@= v'b gfkmf
cfDbfgL
o; dlxgf ut dlxgf
;Ddsf] = ;Ddsf] =
!=
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Aofh cfDbfgL
shf{ ;fk6df
nufgLdf
g]kfn ;/sf/sf] ;'/If0fkq
ljb]zL C0fkq
g]kfn /fi6 a}+ssf] C0fkq
l8a]~r/ tyf aG8
Ph]G;L df}Hbftdf
dfu tyf cNk ;'rgfdf k|fKt x'g]
df}Hbftdf
!=% cGodf
@=
sld;g tyf l8isfp06
@=! lan vl/b tyf l8isfp06
@=@ sldzg
@=# cGo
#=
;6xL 36a9 cfDbfgL
#=! ljlgdob/df ePsf] km/saf6
#=@ ljb]zL d'b|f sf/f]af/af6 -af afx]s_
$=
cGo ;~rfng cfDbfgL
%=
u}/ ;~rfng cfDbfgL
^=
hf]lvd ;DaGwL Joj:yfaf6 lkmtf{
-cfDbfgL_
^=! ;fdfGo shf{ gf]S;fgL Joj:yf
^=@ ljz]if shf{ gf]S;fgL Joj:yf
^=@=! k'g/;+/rgfk'g/tflnlss/0f shf{
gf]S;fgL Joj:yf
^=@=@ sd;n shf{ gf]S;fgL Joj:yf
^=@=# z+sf:kb shf{ gf]S;fgL Joj:yf
^=@=$ v/fa shf{ gf]S;fgL Joj:yf
^=@=% Psn u|fxs ;Ldf gf3]sf] shf{sf]
gf]S;fgL Joj:yf
^=@=^ JolQmtu hdfgLt];|f]kIfsf] lwtf]df
k|jfx ePsf] shf{sf] yk gf]S;fgL
Joj:yf
^=# cltl/Qm shf{ gf]S;fgL Joj:yf
^=$ u}/ a}+ls ;DklQ gf]S;fgL Joj:yf
^=% nufgLdf ;Defljt gf]S;fgL Joj:yf
^=^ nufgL ;dfof]hg sf]if lkmtf{
^=& cGo ;DklQsf] gf]S;fgL Joj:yf
&=
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*=
c;fdfGo sf/f]af/x?af6 ePsf]
cfDbfgL
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v'b gf]S;fg
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ljj/0f tof/ ug]{
ljj/0f k]z ug]{ clws[t
b:tvt
b:tvt M
gfd
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bhf{
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ldlt
158
gf]6 M
!_
@_
dfl;s ?kdf x|f; sL vr{ / cGo vr{ ;DalGwt vr{ zLif{s cGtu{t ;dfj]z x'g' kg]{5 .
x/]s qodf; cGtsf] gfkmf gf]S;fg lx;fj tof/ ubf{ clgjfo{ ?kn] shf{ gf]S;fgL Joj:yf nufot cGo gf]S;fgL Joj:yfdf ePsf] yk jf 36
/sd oyfy{ lrq0f x'g] u/L n]vfg ug'{ kg]{5 .
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g]=/f=a}+s lgb]{zg kmf=g+=(=#
========================================== lnld6]8
If]qut -k|of]hg_ cg';f/sf] shf{ tyf ;fk6sf] ljj/0f -dfl;s_
@) ======== ;fn =============== dlxgfsf] ljj/0f
-?= bz nfvdf_
ut d;fGt;Ddsf] o; dlxgfdf o; dlxgfdf
d;fGt;Dddf
efvf gf3]sf]
afFsL
ljtl/t
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;+Vof
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qm;+=
!
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pBf]uIf]qx?
s[lif / jg ;DaGwL
cGgafnL
t/sf/L afnL
lrofskmL
;'lt{
;gkf6
cGo gub] afnL
kmnkm"n tyf k'ik v]tL
zLt e08f/0f
dnvfb tyf ls6gfzs
kz'kfngkz' awzfnf
k+IfL kfng
dfx'/L kfng
cGo s[lif tyf s[lif hGo ;]jfx?
l;rfO{
ag
df5fkfng ;DaGwL
vfgL ;DaGwL
wft' tyf wfp -kmnfd, l;;f OToflb_
sf]Onf
r'g9'f
DofUg];fO6
v/L
t]n tyf Uof; k|zf]rg (Extraction)
vfgL ;DaGwL cGo
s[lif, ag tyf k]okbfy{ pTkfbg ;DaGwL
vfB pTkfbg -Kofs ug]{, k|f];]l; ug]{_
s[lif, jg k}bfjf/ pTkfbg
lrgL
;"lt{ k|zf]wg
lr/fg tyf sfi7 pTkfbgkmlg{r/
cGo
k]o kbfy{ -ljo/, dbL/f, ;f]8f OToflb_
dlb/fhGo
dlb/f/lxt
x:tsnf
a'gfO{ (Textile) pTkfbg Pjd\ tof/L kf]zfs
sfuh tyf ;Da4 pTkfbg
5kfO tyf k|sfzg
cf}ifwL
k|zf]lwt t]n tyf sf]Onf pTkfbg
vf]6f] tyf tf/lkg
/a/sf] 6fo/
5fnf
Knfli6s
l;d]06
kTy/, df6f] tyf l;;fsf pTkfbgx?
cGo lgdf{0f ;fdu|L pTkfbg
wft' cfwf/e"t kmnfd tyf l:6n Knf06
159
%=!%
%=!^
^
^=!
^=@
^=#
&=
&=!
&=!=!
&=!=@
&=@
&=#
&=$
*
*=!
*=@
*=@=!
*=@=@
*=@=#
*=@=$
*=#
*=$
*=%
*=^
*=&
*=*
*=(
(
(=!
(=@
(=#
(=$
(=%
(=^
(=&
!)
!)=!
!)=@
!)=#
!)=$
!)=%
!)=^
!!
!!=!
!!=@
!!=#
!!=$
!!=%
!!=^
!!=&
!!=*
!!=(
!!=!!
!!=!@
!@
!@=!
!@=@
!@=#
!#
!#=!
!#=@
!#=#
!#=$
!#=%
!$
!$=!
wft' cGo KnfG6Hof;n

ljljw pTkfbg
lgdf{0f
cfjf;Lo -3/fo;L k|of]hg_
u}/ cfjf;Lo -Jofkfl/s k|of]hg_
a[xt (Heavy) lgdf{0f -/fhdfu{, k'n OToflb_
ljB't, Uof; / kfgL
phf{
hnljB't
gjLs/0fLo phf{
cGo ljB't ;]jf
UofF; tyf UofF; kfOk nfOg ;]jf
kfgL
wft'sf pTkfbgx?, d]l;g/L tyf On]S6f]lgs cf}hf/
tyf h8fg
h8fg ul/Psf (Fabricated) wft'sf ;fdfgx?
d]lzg cf}hf/
s[lif hGo
d]lzg/L lgdf{0f, t]n If]q, vfgL ;DaGwL
d]lzg/L clkm; Pjd\ sDKo'l6 (Computing)
d]lzg/L cGo ;a}
ljB'tLo pks/0f
3/fo;L pks/0f Pjd\ cGo vKg] ;fdfg
;+rf/ pks/0f
On]S6f]lgs kf6{k"hf{
lrlsT;f ;DaGwL pks/0f
h]g]/]6/x?
3 (Turbines)
df]6/uf8L, kf6{k"hf tyf ;xfos ;fdu|Lx?
h]6af]6hn oftfoft
jfo'ofg tyf jfo'ofgsf] kf6{k"hf{
oftfoft ;DaGwL cGo pTkfbgx?
/]ndfu{ tyf ;8s ofqL cf];f/k;f/sf ;fwgx?
6s ;]jf tyf uf]bfd Joj:yf
cGo ;a} ;]jf
yf]s Jofkf/ vKg] ;fdfg
yf]s Jofkf/ gvKg] ;fdfg
Automotive Dealer/franchise
cGo v'b|f Jofkf/

cfoft Jofkf/
lgof{t Jofkf/
cGo ljQLo ;+:yf
u}/ ljQLo ;/sf/L ;+:yfg
lghL u}/ ljQLo ;+:yfgx?
cGo nufgL ;+:yfx?
crn ;DklQ (Real Estate)
ko{6g ;]jf
6]ls, 6fen Ph]G;L, kj{tf/f]x0f, l/;f]6{, /fl6,
SoflDk cflb
cGo ;]jfx?
lj1fkg ;]jf
Automotive ;]jf
cGo ;a} ;]jf sDkgLx?
c:ktfn, lSnlgs OToflb
lzIff ;]jf
pkef]Uo shf{
;'g, rfFbL
160
!$=@
!$=#
!$=$
!$=%
!%
!^
d'2lt /l;b
;'/If0f kq
q]ml86 sf8{
xfo/ kr]{h -JolQmut pkof]u shf{_
:yfgLo ;/sf/
cGo
hDdf
g]=/f=a}+s lgb]{zg kmf=g+=(=# -s_
============================================== a}+sljQLo ;+:yf

k|of]hg cg';f/sf] Productwise shf{ ;fk6sf] ljj/0f
@)==============dlxgf -dfl;s_
-/sd ?=nfvdf_
qm= ;+=
shf{sf] k|sf/
!=
cfjlws shf{
-s_ cf}Bf]lus ;+:yf
-v_ Jofkfl/s ;+:yf
-u_ ;]jf Joj;fo ;+:yf
-3_ cGo
cf]e/8f6
-s_ cf}Bf]lus ;+:yf
-v_ Jofkfl/s ;+:yf
-3_ cGo
6i6 l/l;K6 shf{cfoft shf{
-s_ cf}Bf]lus ;+:yf
-v_ Jofkfl/s ;+:yf
-3_ cGo
l8df08 tyf cGo rfn' k'FhL shf{
-s_ cf}Bf]lus ;+:yf
-v_ Jofkfl/s ;+:yf
-3_ cGo
JolQmut cfjf;Lo 3/ shf{ -?= ! s/f]8;Ddsf]_
l/on :6]6 shf{ ;fk6
-c_ cfjf;Lo 3/ shf{ -?= ! s/f]8;Ddsf]
JolQmut cfjf;Lo 3/ shf{ afx]s_
-cf_ Jofj;flos ejg tyf cfjf;Lo ckf6{d]06
lgdf{0f shf{
-O_ lgdf{0f ;DkGg eO{ cfo cfh{g ug{ yfn]sf]
Jofkfl/s sDKn]S; shf{
-O{_ cGo l/on :6]6 shf{ -hUufhdLg vl/b tyf
Knl6+u shf{ ;d]t_
!= hUufhdLg vl/b tyf Knl6 shf{
@= s'g} k|of]hg gv'nfO{ hUuf, hldg lwtf]
/fvL k|jfx ePsf ?=%) nfv jf ;f] eGbf j9L
/sdsf Personal Loan, Mortgage Loan, Flexi Loan
k|s[ltsf shf{
#= cGo
Dfflh{g k|s[ltsf] shf{
-s_ ! s/f]8eGbf j9L /sdsf] shf{
-v_ ?=%) nfvb]lv ?=! s/f]8;Ddsf shf{
-u_ ?=@% nfvb]lv ?=%) nfv;Ddsf] shf{
-3_ ?=@% nfveGbf sd /sdsf] shf{
xfo/kr{]h shf{
@=
#=
$=
%=
^=
&=
*=
ut dlxgfsf]
km08]8
ggkm08]8
161
s'n
o; dlxgfsf]
km08]8 ggkm08]8
s'n
(=
!)=
!!=
-s_ Jofkfl/s k|of]hg

-v_ JolQmut k|of]hg
ljkGg ju{ shf{
laN; vl/b
cGo k|f]8S6x?
-s_ qm]l86 sf8{
-v_ z}lIfs shf{
-u_ ;fgf tyf demf}nf pBdL shf{
-3_ =======================================
-_ =======================================
s'n
k|li6s/0f M
!= cfjlws shf{ M
o; cGtu{t kg{] cfjlws shf{ (Term Loan) eGgfn] k'FhLut k|s[ltsf] vr{sf] nflu Ps jif{eGbf j9L cjlwsf] nflu
k|jfx ePsf] shf{nfO{ ;Demg' kb{5 . Ps jif{eGbf sd cjlwsf] cfjlws shf{ ePdf l8df08 tyf cGo rfn' k'FhL
shf{ zLif{sdf hgfpg' kg{]5 . To;}u/L ls:tfjGbLdf jf Psd'i6 c;'n ug{] u/L k|jflxt s'g} klg cjlwsf] cfjf;Lo
3/ shf{, l/on :6]6 shf{, xfo/kr{]h shf{ nufotsf cGo zLif{sdf kg{] u/L k|jflxt cfjlws shf{ o; cGtu{t
ghgfO{ ;DalGwt zLif{sdf g} hgfpg' kg{]5 .
@= cf]e/8f6 shf{ M
cf]e/8f6 ;'ljwf pknAw u/fpg kfpg] a}+s tyf ljQLo ;+:yfx?n] cfgf JolQmut jf ;+:yfut u|fxsx?nfO{
cf]e/8f6 ;Ldf k|bfg u/L jf rNtL lgIf]k vftfdf cf]e/8g ;'ljwf pknAw u/fO{ shf{ k|jfx u/L jSof}tf /x] sf]
/sd o; zLif{sdf hgfpg' kg{]5 .
#= 6i6 l/l;K6 shf{cfoft shf{ M
k|lttkq dfkm{t ;fdfg cfoft ug{] k|of]hgsf] nflu pknAw u/fOPsf] cfoft shf{nfO{ 6i6 l/l;K6 shf{sf] ?kdf
hgfpg' kg{]5 eg] o; zLif{s cGtu{t cfoftsf] nflu k|jfx ul/Psf] cGo shf{x? ePdf To:tf cGo cfoft
shf{x?nfO{ ;d]t ;dfj]z u/L o;} zLif{s cGtu{t hgfpg' kg{]5 . t/, :jb]zL k|lttkqdf o; k|sf/sf] shf{ k|bfg
ug{ kfO{g] 5}g .
$= l8df08 tyf cGo rfn' k'FhL shf{ M
l8df08 tyf cGo rfn' k'FhL shf{ cGtu{t Hypothecation, Working Capital, Short Term Loan, Demand
Loan, Time Loan, Cash Credit nufotsf cGo rfn' k'FhL k|s[ltsf ;a} shf{x? ;dfj]z x'g] 5g\ .
%= l/on :6]6 shf{ ;fk6 M
l/on :6]6sf] nflu k|jfx ul/Psf] shf{ ;fk6 eGgfn] lgDgfg';f/sf] shf{ ;fk6nfO{ ;Demg' kb{5 .
-c_ cfjf;Lo 3/ shf{ -Residential Real Estate_
-cf_ Jofj;flos ejg tyf cfjf;Lo ckf6{d]06 lgdf{0f shf{ -l/on :6]6 sDkgLnfO{ k|jfx ul/Psf] ax'cfjf;Lo
ckf6{d]06 shf{ / JolQmut cfjf; sf]nf]gL shf{_
-O_ lgdf{0f ;DkGg eO{ cfo cfh{g ug{ yfn]sf] Jofkfl/s sDKn]S; shf{ .
-O{_ cGo l/on :6]6 shf{ -hUufhdLg vl/b tyf Knl6+u shf{ ;d]t_
!= hUufhdLg vl/b tyf Knl6 shf{
@= s'g} k|of]hg gv'nfO{ hUuf, hldg lwtf] /fvL k|jfx ePsf ?=%) nfv jf ;f] eGbf j9L /sdsf Personal
Loan, Mortgage Loan, Flexi Loan k|s[ltsf shf{
#= cGo
t/, lgDglnlvt shf{nfO{ l/on :6]6 shf{ dflgg] 5}g .
hUuf ljsf; tyf ejg lgdf{0fdf ;+nUg g/x]sf Jofkfl/scf}Bf]lus kmd{sDkgLn] cfgf] lgoldt
Jofkfl/scf}Bf]lus shf{sf] nflu cGo ;'/If0fsf cltl/Qm 3/ hUuf lwtf] /fv]sf shf{x?,
?=! s/f]8;Ddsf JolQmut cfjf;Lo 3/ shf{ .
162
cfjf;Lo 3/ shf{ eGgfn] a}+sljQLo ;+:yfn] u|fxssf] cfo;|f]t x]/L ;f] ;|f]tn] kof{Kt wfGg] ls:tf
sfod u/L 3/ lgdf{0f jf vl/bsf] nflu k|jfx u/]sf] cfjf;Lo 3/ shf{ -Residential Real Estate_ sf]
jSof}tf /sdnfO{ ;Demg' kb{5 .
^= JolQmut cfjf;Lo 3/ shf{ ;fk6 M
?= ! s/f]8;Ddsf JolQmut cfjf;Lo 3/ shf{ eGgfn] a}+sljQLo ;+:yfn] u|fxssf] cfo;|f]t x]/L ;f] ;|f]tn] kof{Kt
wfGg] ls:tf sfod u/L pQm u|fxsn] cfkm} k|of]u ug]{ jf ef8fdf nufpg] u/L 3/ lgdf{0f, 3/ckf6{d]G6 vl/bsf]
nflu k|jfx u/]sf] cfjf;Lo 3/ shf{Home Loan) sf] jSof}tf /sdnfO{ ;Demg' kb{5 .
&= dflh{g k|s[ltsf] shf{ ;fk6 M
s'g} klg JolQm jf ;+:yfnfO{ shf{ ;fk6 k|jfx ubf{ s'g} ;'rLs[t sDkgLsf] ;]o/ jf l8j]~r/ ;'/If0fsf] ?kdf lwtf]
lnO{ k|jfx ePsf shf{nfO{ dflh{g k|s[ltsf] shf{ ;fk6sf] ?kdf lnOg] 5 . t/, cGo k|of]hgsf nflu k|jflxt shf{df
yk jf cltl/Qm ;'/If0f:j?k ;'rLs[t sDkgLsf] ;]o/ jf l8j]~r/ lwtf] /fv]sf] cj:yfdf To:tf] shf{nfO{ dflh{g
k|s[ltsf] shf{ dflgg] 5}g .
*= xfo/kr{]h shf{ M
o; cGtu{t Jofkfl/s lx;fjn] ef8fdf ;~rfng ug{] u/L jf k|of]u ug{] u/fpg] u/L s'g} ;jf/L ;fwg jf ;fdfg
vl/b ug{ k|jfx ul/Psf] shf{nfO{ xfo/kr{]h shf{ cGtu{tsf] Jofkfl/s k|of]hgdf hgfpg' kg{]5 eg] clGtd
k|of]ustf{ (End User) cfkm}n] k|of]u ug{] u/L ;jf/L ;fwg jf ;fdfg vl/b ug{ ljQLo ;'ljwf pknAw u/fO{ jSof}tf
/x]sf] /sd JolQmut xfo/kr{]h shf{ cGtu{t hgfpg' kg{]5 . xfo/ kr]{h k|s[ltsf t/ cGo k|f]8 S6 -h:t}M Auto
Loan, Vehicle Loan cflb_ cGtu{t k|jfx ePsf shf{ ;d]t o; zLif{sdf ;dfj]z ug'{ kg]{5 .
(= ljkGg ju{ shf{ M
g]kfn /fi6 a}+ssf] lgb{]zgsf] clwgdf /xL k|jfx ug{' kg{] lgb{]lzt ljkGg ju{ shf{sf] jSof}tf /sd o; zLif{sdf
hgfpg' kb{5
!)= laN; vl/b M
a}+s ljQLo ;+:yfn] vl/b u/L lnPsf] r]s, 8f6, lgof{t lansf] jSof}tf /sd o; zLif{sdf hgfpg' kb{5 .
!!= cGo k|f]8S6x? M
a}+s tyf ljQLo ;+:yfn] k|of]udf NofPsf dfly pNn]v ePb]lv afx]ssf cGo k|f]8S6x? ePdf o; zLif{s cGtu{t
pNn]v ub{} hfg' kg{]5 . o;/L pko{'Qm ! b]lv o; zLif{s;Ddsf] ;Dk"0f{ /sdsf] s'n of]u a}+sljQLo ;+:yfsf] ;f]
ldltsf] s'n shf{ ;fk6 /sd;Fu d]n vfg' kg]{5 .
!@= cf}Bf]lus ;+:yf M
s'g} klg j:t' pTkfbg ug{], cyf{t sRrf kbfy{ jf cw{tof/L ;fdfgsf] k|of]ujf6 lglZrt dfgjd]lzg/Lsf] k|of]u
u/L d'No clej[l4 u/fO{ tof/L j:t' pTkfbg ug{] vfnsf ;+:yfnfO{ uPsf] shf{ ;fk6nfO{ o; pkzLif{sdf hgfpg'
k5{ . h:tf] M l:6n pBf]u, l;d]06 pBf]u, ljh'nL pTkfbg, h'6 pBf]u, jfo/ pBf]u, sfk{]6 pBf]u, ufd{]06 pBf]u
cflb .
!#= Jofkfl/s ;+:yf M
s'g} yk k|f];]l;Fu gu/L tof/L ;fdfg vl/blaqmL ug{] Jofj;flos ;+:yfnfO{ uPsf shf{x?sf] aSof}tf /sd o;
pkzLif{s cGtu{t hgfpg' kg{]5 . h:t}M /fli6o Jofkf/ lgud, ;fN6 6]l8 ln=, hg/n 6]l8 cflb .
!$= ;]jf Joj;fo ;+:yf M
s'g} klg j:t' pTkfbg ug{] jf vl/b laqmL ug{] geO{ u|fxsnfO{ ;]jf k|bfg ug{] clek|fon] :yflkt ;+:yfnfO{ uPsf]
shf{ ;fk6nfO{ o; pkzLif{s cGtu{t hgfpg' kg{]5 . o:tf ;+:yf gfkmfd'vL jf k/f]ksf/L ;+:yf b'a} x'g ;Sg] 5g\ .
h:t}M b"/;+rf/, :s'nsn]h, gl;{ xf]d, xl:k6n, xf]6n cflb .
!%= ;fgf tyf demf}nf pBdM
b]xfosf ;Dk"0f{ cj:yf Pjd\ cfwf/ ljBdfg /x]sf] pBdnfO{ ;fgf tyf demf}nf pBd -SME_ sf] ?kdf kl/eflift
ul/Psf] 5 .
-s_
a9Ldf ?= %) nfv;Dd r'Qmf k'FhL ePsf] .
-v_
a9Ldf ?= % s/f]8;Ddsf] l:y/ ;DklQ ePsf] .
-u_
pTkfbg jf ;]jfd'ns Joj;fodf ;+nUg ePsf] .
-3_
pBdL :jo+ sf/f]af/ tyf Joj;fodf ;+nUg ePsf] .
163
g]=/f=a}+s lgb]{zg kmf=g+=(=$
==========================================
lnld6]8
;'/If0f cg';f/sf] shf{ tyf ;fk6sf] ljj/0f -dfl;s_
@) ========== ;fn ================ dlxgfsf] ljj/0f
ut d;fGtsf] o; dlxgfdf o; dlxgfdf

d;fGt;Dddf
efvf gf3]sf]
afFsL
ljtl/t
c;"nL
p7fpg afFsL
;+Vof ;fFjf ;+Vof ;fFjf ;+Vof ;fFjf ;+Vof ;fFjf Aofh ;+Vof ;fFjf Aofh
;'/If0f
!
@
#
$
$=!
$=@
%
%=!
5.1.1
5.1.2
5.1.3
5.1.4
5.1.5
%=@
%=@=!
5.2.2.1
5.2.2.2
5.2.2.3
%=@=@
5.2.2.1
5.2.2.2
5.2.2.3
5.2.2.4
5.2.2.5
5.2.2.6
^
^=!
^=@
6.2.1
6.2.2
6.2.3
6.2.4
&
&=!
&=@
&=#
&=$
&=%
&=^
*
(
-?= nfvdf_
;'g rfFbL
;/sf/L ;'/If0f kqx?
u}/ ;/sf/L ;'/If0f kqx?
d'2lt /l;b
cfg} ;+:yfsf]
cGo Ohfhtkqk|fKt ;+:yfsf]
;DklQsf] ;'/If0f
l:y/ ;DklQ
3/hUuf
d]lzg/L tyf pks/0fx?
kmlg{r/ tyf lkmS;r/
;jf/L ;fwgx?
cGo l:y/ ;DklQx?
rfn' ;DklQ
s[lif k}bfjf/
wfg rfdn
;g kf6{
cGo s[lif k}bfjf/
cGou}/ s[lif k}bfjf/
sRrf kbfy{
cw{ tof/L a:t'x?
tof/L a:t'x?
g"g, lrgL, o", t]n
sk8f
cGo j:t'x?
lanx?sf] ;'/If0fdf
:jb]zL lan
ljb]zL lan
cfoft lan / k|ltt kq
lgof{t lan
lgof{t lansf] lwtf]df
cGo ljb]zL lan
hdfgtdf k|jflxt
;/sf/L hdfgL
;+:yfut hdfgL
JolQmut hdfgL
;fd'lxs hdfgL
cGt/f{li6o >]0fLs[t ljb]zL
a}+ssf] hdfgtdf
cGo hdfgtdf
qm]l86 8]lj6 sf8{
cGo
hDdf
ljj/0f tof/ ug]{

b:tvt
gfd
bhf{
ldlt
M
M
M
M
M
ljj/0f k]z
b:tvt
gfd
bhf{
ldlt
164
ug]{ clws[t
M
M
M
M
g]=/f=a}+s lgb]{zg kmf=g+=(=%
============================= lnld6]8
ljkGg ju{ shf{ ljj/0f -q}dfl;s_
@) ========== ;fn ================ dlxgfsf] ljj/0f
-?= nfvdf_
l;=g+=
!=
@=
#=
gf]6M
shf{ zLif{s
ut qodf;sf]
afFsL
;+Vof ;fFjf
o; qodf;df
ljtl/t
;+Vof ;fFjf
o; qodf;df
c;"nL
;+Vof ;fFjf
o; qodf;;Dddf p7fpg
afFsL
;+Vof ;fFjf
Aofh
efvf gf3]sf]
;+Vof
;fFjf
Aofh
s'n shf{ ;fk6 -laN; vl/b

tyf l8:sfp06 ;d]t_
ljkGg ju{ shf{
-s_ k|ToIf nufgL
! s[lif
@ 3/]n' pBf]u
# ;]jf
$= cGo
-v_ ck|ToIf nufgL
-c_ ;+:yfut nufgL yf]s
shf{_
!=
@=
-cf_ ;]o/ nufgL
o'jf :j/f]huf/ shf{
hDdf
^ dlxgf cl3sf] s'n afFsL
shf{
^ dlxgf cl3sf] s'n afFsL
shf{;Fusf] cg'kft
ck|ToIf nufgL cGtu{t ;+:yfut nufgL -Wholesale Lending_ / ;]o/ nufgLsf] /sd 5'f5'} pNn]v ug'{ kb{5 .
ljj/0f tof/ ug]{

b:tvt M
gfd
M
bhf{
M
ldlt
M
ljj/0f k]z
b:tvt
gfd
bhf{
ldlt
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================================lnld6]8
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- @) ;fn
dlxgfsf] ljj/0f_
vl/b tyf l*:sfpG^ ul/Psf lanx / shf{, ;fk^ tyf clwljsif{df k|jflxt s'n /sddWo] ;~rfns,
sfo{sf/L k|d'v, ;+:yfks, sd{rf/L, 1 k|ltzt eGbf a(L ;]o/ lng] ;]o/ xf]N*/x? / lghxsf] Psf#/
kl/jf/sf JolQm jf To:tf JolQm hdfgL a;]sf] jf Dofg]lh+u Ph]G^ ePsf] s'g} ;+:yf jf sDkgLnfO{ uPsf]
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o; qodf;df c;'nL
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============================================== lnld^]*
;+:yfks;+:yfks ;d'xsf] ;]o/ cGo a}+s tyf ljQLo ;+:yfdf
lwtf] /fvL lnPsf] shf{ ljj/)f -q}dfl;s_
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qm=;+=
;+:yfks
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;+Vof
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b:tvt M
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b:tvt M
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1. Ohfhtkqk|fKt ;+:yfsf ;+:yfks ;]o/wgLn] pkef]u u/]sf] shf{ ;DaGwdf hfgsf/L lng shf{ k|jfx ug]{ ;+:yfn] ;]o/ /f]Ssfsf]
nflu ;DalGwt ;+:yfdf n]vL k7fp+bf clgjfo{?kdf shf{ /sd ;d]t pNn]v u/L k7fpg' kg]{ / /f]Ssf /fVg] ;+:yfn] ;f]sf] ljj/0f
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/fVg' kg]{5 .
167
g]=/f=a}+s lgb]{zg kmf=g+=(=&

============================================== lnld6]8
;/sf/L ;+:yfgx?nfO{ uPsf] shf{sf] ljj/0f -dfl;s_
@) ======= ;fn ============= dlxgfsf] ljj/0f
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;+:yfgsf] gfd
ut
o; dlxgfdf
o;
d;fGt;Dddf
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shf{
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!= cf}Bf]lus
;+:yfgx?
-s_
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b:tvt
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ug]{ clws[t
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=============== lnld6]8
lgIf]ksf] ljj/0f -dfl;s_
@)& ===== ;fn ======== dlxgfsf] ljj/0f
-?=nfvdf_
vftfjfnfsf] ljj/0f
rNtL art d'2lt

-!_
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!=!
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:jb]zL d'b|fdf vf]lnPsf] vftf

ljb]zL ;+3 ;+:yf tyf JolQm
ljb]zL s'6g}lts / ;xfos lgof]ux?
ljb]zL ;/sf/af6 ;+rflnt cfof]hgfx?
cGt/f{li6o ;+:yfx? (UNO nufotsf_
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cfjf;Lo
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ljb]zL a}+sx?
cGo ljQLo ;+:yfx?
ljb]zL Po/nfOG;x?
ljb]zL ;/sf/sf] k]G;g SofDkx?
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cfjf;Lo
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;xsf/L ;+:yfx? -;Lldt a}+ls sf/f]af/ ug]{_
u}/ ;/sf/L ;+:yfx? ljQLo dWo:ytfsf] sfo{ ug]{_
x'nfs;]jf ljefuf/f ;+rflnt x'nfs art a}+sx?
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cGo ljQLo ;+:yfx?
g]kfn cf}Bf]lus ljsf; lgud
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lgIf]k :jLsf/ gug]{ ljQLo ;+:yfx?
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gful/s nufgL sf]if
======================
cGo ;xfos ljQLo OsfOx?
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======================
169
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hDdf /sd -s_ -v_
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gfd
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======================================= lnld6]8
a}b]lzs ;DklQsf] ljj/0f -dfl;s_
@) ======== ;fn =============== dlxgfsf] ljj/0f
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ljb]zL
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@
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;DklQtkm{ b]xfosf ;DalGwt zLif{sx?df qmdzM k|ljli6 ug'{ kg]{5 .
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b:tvt M
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b:tvt M
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171
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======================== lnld6]8
7'nf lgIf]kstf{sf] ljj/0f -q}dfl;s_
@) ======= ;fn ======== dlxgfsf] ljj/0f
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qm=;+=
lgIf]kstf{sf] gfd
vftfsf] k|sf/
lgIf]k /sd
Aofh b/
@) 7"nf k|fs[lts lgIf]kstf{sf] ljj/0f
hDdf -s_
@) 7"nf ;+:yfut lgIf]kstf{sf] ljj/0f
hDdf -v_
s / v sf] hDdf
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b:tvt
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========================== lnld6]8
7"nf C0fLx?;Fu p7fpg afFsL shf{sf] ljj/0f -q}dfl;s_
@) ======= ;fn ======== dlxgfsf] ljj/0f
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s'n
shf{sf]
shf{{
p2]Zo
tyf
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p7fpg afFsL
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s'n shf{ /sd efvf gf3]sf]
shf{ /sd
;fFjf Aofh ;fFjf Aofh
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sf/f]af/
sf]
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jf ;f] eGbf a9L shf{ lnPsf] C0fLnfO{ hgfpFb5 .
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======================== lnld6]8
cjlw cg';f/ efvf gf3]sf] shf{ tyf ;fk6sf] ljj/0f -q}dfl;s_
@) ======= ;fn ======== dlxgfsf] ljj/0f
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b:tvt
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============================= lnld6]8
cGt/ a}+s sf/f]af/ ljj/0f -b}lgs_
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============================= lnld6]8
q}dfl;s ljQLo ljj/0f
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1=
1=1
1=2
1=3
1=4
1=5
1=6
1=7
2=
2=1
2=2
2=3
2=4
2=5
2=6
2=7
3=
3=1
3=2
s
3=3
3=4
3=5
v
3=6
3=7
u
3=8
#
3=9
3=10
3=11
r
3=12
3=13
%
4=
4=1
4=2
4=3
4=4
4=5
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ljj/0f
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s'n k'FhL tyf bfloTj - !=! b]lv !=& ;Dd _
r'Qmf k'FhL
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c= :jb]zL d'b|f
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cl3Nnf] qodf;
k]z ug]{
175
-?=xhf/df_
utjif{sf] ;DalGwt qodf;
utjif{sf] ;DalGwt qodf;;Dd
utjif{sf] ;DalGwt qodf;
g]=/f=a}+s lgb]{zg kmf=g+=(=!%

=======================lnld6]8
================d;fGt;Dd
On]S6f]lgs a}+ls sf/f]af/ ;DaGwL ljj/0f -dfl;s_
g]=/f=a}+s lgb]{zg kmf= g+= (=!^

qm=;+
!
!=!
!=@
!=#
ljj/0f
ut
cjlw;Dd
!=$
!=%
zfvf /lxt a}+ls ;]jf

zfvf/lxt a}+ls ;]jf s]Gb| ;+Vof
;]jf lng] u|fxssf] ;+Vof
:jLs[t s]Gb|df ;]jf ;~rfng gePsf] jf x'g
afFsL eP ;f]sf] ;+Vof
s'n sf/f]af/ ;+Vof
s'n sf/f]af/ /sd
@
@=!
@=@
@=#
df]jfOn a}+ls ;]jf

s'n sf/f]af/ ;+Vof
s'n sf/f]af/ /sd
#
#=!
#=@
#=#
O{G6/g]6 a}+ls ;]jf

s'n sf/f]af/ ;+Vof
s'n sf/f]af/ /sd
$
$=!
Osf8{ ;]jf
ATM sf] s'n ;+Vof
o; cjlwdf
yk36
o; cjlwsf]
cGtdf
s}lkmot
;~rfng gx'g'sf]
sf/0f pNn]v ug]{
ATM ;+Vof
yk36 ePsf]
v08df :yfg
v'nfpg] .
$=@
$=@=!
$=@=@
$=@=#
$=#
$=#=!
$=#=@
$=#=#
$=$
$=$=!
$=$=@
$=$=#
8]lj6 sf8{ tkm{

sf8{ lng]sf] ;+Vof
sf8{ dfkm{t ePsf]
sf8{ dfkm{t ePsf]
qm]l86 sf8{ tkm{
sf8{ lng]sf] ;+Vof
sf8{ dfkm{t ePsf]
sf8{ dfkm{t ePsf]
lk|k]8 sf8{ tkm{
sf8{ lng]sf] ;+Vof
sf8{ dfkm{t ePsf]
sf8{ dfkm{t ePsf]
s'n sf/f]af/ ;+Vof

s'n sf/f]af/ /sd
s'n sf/f]af/ ;+Vof
s'n sf/f]af/ /sd
s'n sf/f]af/ ;+Vof
s'n sf/f]af/ /sd
================================================== lnld6]8
zfvf sfof{no ;DaGwL ljj/0f -dfl;s_
====== ;fn ======== dlxgfsf] ljj/0f
176
7]ufgf
zfvfsf] ;~rfng
k|sf/ ldlt lhNnf uf=lj=;= g= kf= j8f 6f]n
g+
kmf]g
ofS;
Od]n
qm=;+=
zfvf zfvfsf]
sf]8 gfd
tof/ ug]{M
;xLM
gfdM
bhf{M
ldltM
lgIf]k
s'n shf{
;fk6 tyf
lan vl/b rNtL art d'2lt cGo s'n
k]z ug]{M
;xLM
gfdM
bhf{M
ldltM
g]=/f=a}+s lgb]{zg kmf= g+= (=!&
=========== lnld6]8
Aofhb/ cg';f/sf] lgIf]ksf] ljj/0f
-dfl;s_
====== ;fn ======== dlxgfsf] ljj/0f
qm=;+=
lgIf]ksf] k|sf/
Aofhb/ -:jb]zL d'b|f lgIf]kdf_

Go'gtd clwstd efl/t cf}ift
/sd
-?=bz nfvdf_
Aofhb/ -ljb]zL d'b|f lgIf]kdf_
Go'gtd clwstd efl/t cf}ift
!
@
@=!
@=@
@=#
@=$
@=%
@=^
#
art
d'2lt
! dlxgf;Ddsf]
! b]lv # dlxgf
# b]lv ^ dlxgf
^ dlxgfb]lv ! jif{
! b]lv @ jif{
@ jif{eGbf a9L
sn
;l6{lkms]6 ckm
$ l8kf]lh6
% cGo
^ Aofh gnfUg] lgIf]k
^=! rNtL
^=@ dflh{g
^=# cGo
s'n
tof/ ug]{M
;xLM
gfdM
bhf{M
ldltM
k]z ug]{M
;xLM
gfdM
bhf{M
ldltM
177
/sd
g]=/f=a}+s lgb]{zg kmf g+= (=!*
=========== lnld6]8
Aofhb/ cg';f/sf] shf{sf] ljj/0f
-dfl;s_
====== ;fn ======== dlxgfsf] ljj/0f
If]qut shf{
qm=
;+=
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
-?=bz nfvdf_
shf{
Go'gtd
Aofhb/ -:jb]zL d'b|df_

efl/t
clwstd
cf};t
/sd
Go'gtd
Aofhb/ -ljb]zL d'b|df_

efl/t
clwstd
cf};t
/sd
s[lif / jg ;DaGwL
df5fkfng ;DaGwL
vfgL ;DaGwL
s[lif, ag tyf k]o kbfy{ pTkfbg
;DaGwL
lgdf{0f
ljB't, Uof; / kfgL
wft'sf pTkfbgx?, d]l;g/L tyf
On]S6f]lgs cf}hf/ tyf h8fg
ko{6g ;]jf
cGo ;]jfx?
pkef]Uo shf{
:yfgLo ;/sf/
cGo
hDdf
k|f]8S6 cg';f/sf] shf{

qm=
;+=
1
2
3
4
5
6
7
9
10
11
shf{
Go'gtd
Aofhb/ -:jb]zL d'b|df_

efl/t
clwstd
cf};t
cfjlws shf{
clwljsif{ shf{
6i6 l/l;K6 shf{cfoft shf{
l8df08 tyf cGo rfn' k'FhL shf{
JolQmut cfjf;Lo 3/ shf{ -?= !
s/f]8 ;Ddsf]_
l/on :6]6 shf{ ;fk6
dflh{g k|s[ltsf] shf{x?
ljkGg ju{ shf{
lan vl/b
cGo shf{x?
hDdf
178
/sd
Go'gtd
Aofhb/ -ljb]zL d'b|df_

efl/t
clwstd
cf};t
/sd
g]=/f=a}+s lgb]{zg kmf=g+= (=!(
======================= lnld6]8
cw{jflif{s ljj/0f
======;fn ======dlxgf -d;fGt_
qm=;+=
!=
ljj/0f
;+Vof
s'n ;]o/wgL ;+Vof

;+:yfks ;]o/wgL
;fwf/0f ;]o/wgL
@=
s'n sd{rf/L ;+Vof

clws[t :t/
;xfos :t/
s/f/ sd{rf/L
cGo
#=
s'n ns/ ;+Vof -lsl;d adf]lhd v'nfpg]_
179
s}lkmot
Ohfhtkqk|fKt ;+:yfx?n] o; a}+sdf k7fpg' kg]{ tYofx? ;DaGwL ljj/0f

cg';"rLkmf/fd g+=
ljifo
!=! / !=@ -v / u
ju{sf] nflu_
kmd{ g+= ! b]lv * ;Dd
-s ju{sf] nflu_
@=!, @=@ / @=#
tYofsf]
lsl;d
dfl;s
k'FhLsf]if / hf]lvd efl/t

;DklQ
k'FhLsf]if / hf]lvd efl/t
dfl;s
;DklQ
shf{ ;fk6 / Joj:yf, u|fxs
q}dfl;s
cg';f/ shf{ / u}/ a}ls
;DklQ
lgb]{zg g+ # sf] a'Fbf &
cfk;L ;DaGw ePsf u|fxssf] c4{jflif{s
cg';f/
shf{ ljj/0f
#=!
If]qut shf{ ljj/0f
dfl;s
#=@
pTkfbgzLn If]q shf{ ;dLIff
cw{jflif{s
ljj/0f
%=!
t/ntf cg'udg ljj/0f
q}dfl;s
%=@
Aofhb/ hf]lvd cg'udg
q}dfl;s
ljj/0f
%=#
ljb]zL ljlgdo cg'udg ljj/0f ;fKtflxs
(=!, (=@, (=#, (=#-s_, dfl;s tYof ljj/0f
dfl;s
(=$, (=&, (=*, (=(,
(=!%, (=!^, (=!& /
(=!*
(=%, (=^, (=^=!, (=!), q}dfl;s tYof ljj/0f
q}dfl;s
(=!! / (=!@
(=!#
cGt/a}+s sf/f]af/ ljj/0f
b}lgs
k7fpg' kg]{
cjlw
Ps dlxgfleq
Ps dlxgfleq
tYof k7fpg' kg]{ ljefusf] gfd

/ ;DalGwt ;'kl/j]If0f ljefu
a}+s ;'kl/j]If0f ljefu
Ps dlxgfleq

Ps dlxgfleq
!% lbgleq
! dlxgfleq

;DalGwt ;'kl/j]If0f ljefu
!% lbgleq
!% lbgleq

& lbgleq
!% lbgleq

!% lbgleq
(=!$
Quarterly Financial Highlight
q}dfl;s
sfof{no
;doleq
#% lbgleq
(=!(
cw{jflif{s ljj/0f
cw{jflif{s
!% lbgleq
!!=!
;xljQLos/0f shf{ ljj/0f
q}dfl;s
#) lbgleq
!#=!
!#=#
clgjfo{ df}Hbft ljj/0f

j}Bflgs t/ntf ljj/0f
Aofhb/ ljj/0f
;fKtflxs
dfl;s
q}dfl;s
;ft lbgleq
!% lbgleq
& lbgleq
!(=#
;Ldf sf/f]af/ ljj/0f
sf/f]af/sf]
cfwf/df

sf/f]af/sf]
ldltn] !%
ljQLo hfgsf/L OsfO{
lbgleq
!(=$
z+sf:kb sf/f]af/ ljj/0f
sf/f]af/sf] z+sf:kb
ljQLo hfgsf/L OsfO{
cfwf/df
b]lvg] ljlQs}
gf]6M o; lgb]{zgdf pNn]v eP adf]lhdsf tYof kmf/dx? Od]n dfkm{t k7fpFbf cg';Gwfg ljefunfO{ ;d]t k7fpg' kg]{5 . o;
lgb]{zgdf pNn]v ePb]lv afx]s o; a}+ssf] cGo ljefusfof{nodf k7fpg' kg]{ ljj/0fx? lgoldt ?kdf k7fpg' kg]{5 .
180
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f= lgb]{zg g+= !))&@
;+:yfks ;]o/ gfd;f/L jf vl/blaqmL jf xs x:tfGt/)f ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfsf] ;+:yfks jf ;+:yfks ;d'xsf] ;]o/

s'g} JolQm jf ;+:yfnfO{ gfd;f/L jf vl/blaqmL jf xs x:tfGt/0f ug]{ ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf
&( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!= ;+:yfks / ;+:yfks ;d'xsf] ;]o/ lnPsf JolQmx?sf] d[To' ePdf jf k|rlnt sfg'g adf]lhd kfl/jfl/s
c+zaG8f ePdf k|rlnt sfg'gsf] l/t k'ofO{ lghx?sf] xsbf/ jf lghx?n] OR5fPsf] JolQmsf] gfddf
gfd;f/L u/L ;f] sf] kGw| lbgleq o; a}+snfO{ hfgsf/L lbg' kg]{5 .
@= ;+:yfks tyf ;+:yfks ;d'xsf] ;]o/ gfd;f/L jf laqmL ;DaGwdf
k|rlnt sfg'gsf] clwgdf /xL ;+:yfks tyf ;+:yfks ;d'xsf] ;]o/ lng] JolQm jf ;+:yfn] cfgf]
:jfldTjdf /x]sf] ;]o/ b]xfo adf]lhd l/t k'ofO{ gfd;f/L jf laqmL ug{ ;Sg] 5g\ M
-s_ Ohfhtkqk|fKt ;+:yfn] cfgf ;]o/wgLsf] ;]o/ vl/blaqmL jf gfd;f/L ug'{k'j{ o; a}+ssf] :jLs[lt
lng' kg]{5 . :jLs[ltsf] nflu ;~rfns ;ldltsf] l;kmfl/; ;lxt o; a}+sdf cfj]bg ug'{kg]{5 .
-v_ v08 -s_ df h'g;'s} Joj:yf ePtf klg ;+:yfks ;+:yfks aLrdf ;]o/ vl/blaqmL ePdf k|rlnt
sfg'gsf] l/t k'ofO{ vl/blaqmL u/L ;f] sf] hfgsf/L !% lbgleq o; a}+snfO{ lbg' kg]{5 . t/, o;
a}+saf6 Fit & Proper Test dfkg gePsf] ;+:yfksn] r'Qmf k'FhLsf] b'O{ -@_ k|ltzteGbf a9L x'g]u/L
;+:yfks ;]o/ vl/b ug{ rfx]df ;+:yfks ;+:yfks aLrdf ;]o/ vl/blaqmL x'g] ePtf klg o;
a}+ssf] :jLs[lt lng'kg]{5 .
-u_ d[To' eO{ jf k|rlnt sfg'g adf]lhd kfl/jfl/s c+zjG8f eO{ xs x:tfGt/0f ePsf] afx]s cGo
cj:yfdf ;+:yfksn] cfg} ;d'xsf ;+:yfksnfO{ dfq ;]o/ gfd;f/L jf laqmL ug'{ kg]{5 .
-3_ v08 -u_ adf]lhd ;+:yfks ;d'xdf ;]o/ gfd;f/L jf laqmL x'g g;Sg] cj:yf ePdf dfq cGo JolQm
jf ;+:yfnfO{ o; lgb]{zgsf clwgdf /xL ;]o/ gfd;f/L jf laqmL ug{ ;lsg] 5 . o;/L ;+:yfks
;d'xsf] ;]o/ gfd;f/L jf vl/b u/L lng] JolQm jf ;+:yf ;+:yfks ;d'xdf g} ;dfj]z x'g]5g\ .
-_ b]xfosf] cj:yf ePsf] s'g} klg JolQm jf ;+:yfnfO{ ;+:yfksn] cfgf] :jfldTjsf] ;]o/ gfd;f/L jf
laqmL ug{ kfpg] 5}gg\ M
-!_ shf{ ;'rgf s]Gb|sf] sfnf];"rLdf k/L ;f] ;"rLaf6 k'ms'jf ePsf] ldltn] sDtLdf tLg jif{
gk'u]sf],
-@_ ;DalGwt Ohfhtkqk|fKt ;+:yfsf] cfGtl/s jf afXo n]vfkl/Ifsdf lgo'Qm /x]sf],
-#_ ;DalGwt Ohfhtkqk|fKt ;+:yfsf] sfg'gL jf cGo ;Nnfxsf/ kbdf axfn ePsf],
-$_ ;DalGwt Ohfhtkqk|fKt ;+:yf;Fu s'g} lsl;dsf] 7]Ssf kfdf lx:;]bf/ /x]sf],
-%_ k|rlnt sfg'g adf]lhd s/ r'Qmf gu/]sf] jf :yfoL s/bftf n]vf gDa/ lgoldt gu/]sf],
-^_ s'g} Ohfhtkqk|fKt ;+:yfsf] sfd sf/jfxLdf a]OdfgL jf ablgot u/]sf] s'/f cbfntaf6
k|dfl0ft ePsf],
-&_ lwtf]kq bnfn jf ahf/ lgdf{tf, ;xsf/L ;+:yf,
181
#=
$=
%=
-*_ ;DalGwt Ohfhtkqk|fKt ;+:yfaf6 shf{ lnPsf] jf ljQLo :jfy{ /x]sf] . t/, o; a}+saf6
Ohfhtkqk|fKt 3 ju{sf ljQLo ;+:yfx?sf] xsdf of] k|fjwfg nfu" x'g] 5}g .
-(_ Ohfhtkqk|fKt ;+:yfsf] r'Qmf k'FhLsf] kGw| k|ltzt eGbf sd ;]o/ lnPsf] ;]o/wgLn] yk ;]o/
gfd;f/L jf vl/b u/L lnFbf lghsf] :jfldTjdf pQm Ohfhtkqk|fKt ;+:yfsf] r'Qmf k'FhLsf] kGw|
k|ltzt eGbf a9L ;]o/ :jfldTj x'g] cj:yf ePsf], jf
-!)_ kmd{, sDkgLsf] xsdf ljut @ jif{b]lv ;l~rt d'gfkmfdf ;~rfngdf g/x]sf] .
-!!_ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf ( / !! adf]lhd tf]lsPsf] cjlw / zt{ k'/f
gu/]sf],
-!@_ a}+s tyf ljQLo ;+:yfaf6 hf/L ePsf] ;]o/sf] dfu /sd r'Qmfe'QmfgL gu/]sf],
-!#_ ;+:yfks ;]o/ vl/blaqmL kl5 sfod x'g cfpg] s'n ;+:Yffksx?dWo] Ps ltxfO{ ;b:ox?
:gfts jf ;f] ;/xsf] of]Uotf k|fKt x'g'kg]{df ;f] cj:Yff ljBdfg /xg g;Sg] b]lvPsf], jf
-!$_ o; a}+sn] ;do ;dodf Ohfhtkqk|fKt ;+:yfsf] ;+:yfks x'g tf]s]sf] Go'gtd of]Uotf / cg'ej
gePsf]
-!%_ o; a}+sn] tf]s]sf] 9fFrf ;lxtsf] lgj]bg k]z gu/]sf / k|rlnt sfg'gn] cof]Uo 7x/ u/]sf] .
-r_ Ohfhtkqk|fKt ;+:yfsf] ;+:yfks jf ;+:yfks ;d'xsf] ;]o/ vl/b ug]{ kmd{sDkgLsf] ;]o/ :jfldTj
s'g} klg lsl;dn] x:tfGt/0f ug{' cl3 ;f] kmd{ tyf sDkgLn] o; a}+saf6 :jLs[lt lng' kg]{5 .
Ohfhtkqk|fKt ;+:yfsf] ;+:yfks jf ;+:yfks ;d'xsf] ;]o/ vl/b ug]{ sDkgLsf] ;]o/ csf]{ s'g}
sDkgLn] vl/b u/]sf] ePdf To:tf] sDkgLsf] ;]o/ klg s'g} klg lsl;dn] x:tfGt/0f ug'{cl3 o;
a}+saf6 :jLs[lt lng' kg]{5 .
-5_ a}+s tyf ljQLo ;+:yfsf ;+:yfks;+:yfks ;d'xsf] ;]o/ vl/b ubf{ ;+:yfks ;]o/wgLxn] tf]lsPsf]
9fFrfdf -a}+sljQLo ;+:yf ;+:yfkgf Pjd\ ljQLo sf/f]af/ ug{] Ohfhtkq ;DaGwL gLltut Pjd\
k|lqmofut Joj:yfM @)^# sf] ;+zf]lwt cg';"rL # sf] a'Fbf g+= !^ sf] ljj/0f_ nufgL x'g] /sdsf]
cfo;|f]t;DaGwL ljj/0f clgjfo{ kdf k]z ug'{ kg]{5 . ;f] sf] clen]v ;DalGwt a}+s tyf ljQLo ;+:yfn]
cBfjlws u/L /fVg' kg]{ tyf ;f] ;DaGwL ;Dk"0f{ clen]vsf] k|ltlnkL o; a}+ssf] a}+s tyf ljQLo ;+:yf
lgodg ljefudf ;d]t k]z ug'{kg]{5 .
-h_ o; a}+saf6 O{hfhtkq k|fKt a}+s tyf ljQLo ;+:yfdf ;+:yfks ;]o/wgL eO{ nufgL ubf{ a}+s tyf
ljQLo ;+:yfaf6 C0f tyf ;fk6L lnO{ nufgL ug{ kfOg] 5}g .
;+:yfks jf ;+:yfks ;d'xsf] ;]o/ gfd;f/L jf vl/b u/L lng] cGo JolQm jf ;+:yfn] bkmf ! / @ df
pNn]v ePsf] k|lqmof gk'ofO{ cfgf] :jfldTjsf] ;]o/ gfd;f/L jf laqmL ug{ kfpg] 5}gg\ .
o; a}+sn] ;+:yfks ;d'xsf] ;]o/ gfd;f/L jf laqmL ug{ :jLs[lt lbPsf] ldltn] # dlxgfleq cfgf]
:jfldTjsf] ;]o/ gfd;f/L jf laqmL u/L ;Sg' kg]{5 . ;f] cjlw kZrft\ ;+:yfks ;d'xsf] ;]o/ laqmL ug{
lbOPsf] :jLs[lt :jtM /2 x'g]5 .
cfo;|f]t -Income Source_ ;DaGwdf
h'g;'s} k|of]hgsf] nflu kF"[hL j[l4 ug]{ ;Gbe{df a}+s tyf ljQLo ;+:yfsf ;+:yfks;+:yfks ;d'xsf] ;]o/
vl/b ubf{ ;+:yfks ;]o/wgLxn] tf]lsPsf] 9fFrfdf -a}+sljQLo ;+:yf ;+:yfkgf Pjd\ ljQLo sf/f]af/ ug{]
Ohfhtkq ;DaGwL gLltut Pjd\ k|lqmofut Joj:yfM @)^# sf] ;+zf]lwt cg';"rL # sf] a'Fbf g+= !^ sf]
ljj/0f _ nufgL x'g] /sdsf] cfo;|f]t;DaGwL ljj/0f clgjfo{ kdf k]z ug'{ kg]{5 . ;f] sf] clen]v
^=
&=
;DalGwt a}+s tyf ljQLo ;+:yfn] cBfjlws u/L /fVg' kg]{ tyf ;f] ;DaGwL ;Dk"0f{ clen]vsf] k|ltlnkL o;
a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefudf ;d]t k]z ug'{ kg]{5 .
;+:yfks jf ;f] ;d'xsf] ;]o/ gfd;f/L jf vl/b u/L lng] JolQm jf ;+:yfn] o; lgb]{zg ljkl/t x'g] u/L cfgf]
:jfldTjdf /x]sf] ;]o/ gfd;f/L jf laqmL u/]df o;/L lgb]{zg ljkl/t cfgf] :jfldTjdf /x]sf] ;]o/ gfd;f/L jf laqmL
ug]{ JolQm jf ;+:yfx? lghx?n] cfgf] :jfldTjdf /x]sf] ;]o/ gfd;f/L jf laqmL u/]sf] ldltn] sDtLdf kfFr jif{;Dd
csf]{ s'g} Ohfhtkqk|fKt ;+:yfsf]] ;+:yfks x'g tyf s'g} klg Ohfhtkqk|fKt ;+:yfsf] ;~rfns x'g of]Uo x'g] 5}gg\ .
o; a}+sf/f hf/L a}+sljQLo ;+:yf ;+:yfkgf Pjd\ ljQLo sf/f]af/ ug{] Ohfhtkq ;DaGwL gLltut Pjd\
k|lqmofut Joj:yfM @)^# n] u/]sf] gLltut Joj:yf cg';f/ o; a}+saf6 Ohfhtkqk|fKt s'g} Ps a}+s tyf
182
*=
(=
!)=
!!=
!@=
!#=
!$=
ljQLo ;+:yfsf] ;+:yfks ;]o/df nufgL ubf{ r'Qmf k'FhLsf] a9Ldf !% k|ltzt / cGo a}+s tyf ljQLo
;+:yfx?df r'Qmf k'FhLsf] a9Ldf ! k|ltzt;Dd dfq nufgL ug{ ;lsg] 5 . ;fy}, 3 ju{sf] ;+:yfsf] xsdf
pko{'Qm adf]lhdsf] ;LdfnfO{ qmdzM @% k|ltzt / !) k|ltzt sfod ul/Psf] 5 . plNnlvt nufgL ;Ldf
g]kfn ;/sf/, g]kfn /fi6 a}+s / a}+s tyf ljQLo ;+:yfn] ;xfos sDkgLdf ;+:yfks eO{ nufgL ubf{ nfu"
x'g] 5}g .
t/, g]kfn ;/sf/sf] %) k|ltzt jf ;f] eGbf a9L :jfldTj ePsf ljQLo If]q;Fu ;DalGwt ;+:yf sd{rf/L
;~rosf]if, gful/s nufgL sf]if / /fli6o aLdf ;+:yfgsf] xsdf a9Ldf @% k|ltzt;Dd o; a}+ssf] :jLs[lt
lnO{ Ps eGbf a9L a}+s tyf ljQLo ;+:yfdf ;+:yfks ;]o/ nufgL ug{ afwf k'u]sf] dflgg] 5}g .
dfly plNnlvt ;LdfeGbf a9L ;]o/ wf/0f ug]{ ;+:yfks ;]o/wgLx?sf] xsdf tf]lsPsf] ;Ldfleq gcfP;Dd
;DalGwt a+}s tyf ljQLo ;+:Yffaf6 ljt/0f ul/g] gub nfef+z tyf af]g; ;]o/ /f]Ssf /fvL ;DalGwt
;+:Yffaf6 hf/L ul/g] xsk|b ;]o/df ;xefuL x'g aGb]h nufOPsf] 5 . ;fy} To:tf] a}+s tyf ljQLo ;+:yfnfO{
ufEgufleg lgb]{zg lbg ;lsg]5 . t/ o; lgb]{zgn] ;DalGwt ;+:yfksx?n] rfx]sf] v08df xsk|b ;]o/
xs x:tfGt/0f ug{ eg] afwf k'ofPsf] dflgg] 5}g .
k|rlnt sfg'g / o; a}+ssf] lgb]{zg kfngf ug]{u/fpg] ;Gbe{df a+}+s tyf ljQLo ;+:yfx?n] wf/0f u/]sf
;+:yfks ;]o/, ;+:yfks ;+:yfks aLrdf x:tfGt/0f ug'{ kg]{ cj:yf cfO{ k/]df o; a}+ssf] :jLs[lt lnO{ k|lt
JolQm, kmd{, sDkgL, ;+:yf tyf ;d'xsf] !% k|ltztsf] ;LdfeGbf a9L ePdf ;d]t vl/b laqmL ug{ afwf k'u]sf]
dflgg] 5}g . t/, o;/L wf/0f u/]sf ;]o/ !% k|ltztsf] ;LdfeGbf a9L ePsf] cj:yfdf pQm ;]o/ cfkm"n] wf/0f
u/]sf] ldltn] % jif{ leq laqmL ljt/0f u/L clgjfo{ ?kdf !% k|ltztsf] ;Ldfleq NofO{ ;Sg' kg]{5 .
pko{'Qm tf]lsPsf] ;Ldfleq sfod g/x]sf a+}s tyf ljQLo ;+:yfsf ;+:Yffks ;]o/wgLx?nfO{ pQm ;Ldfleq
gcfP;Dd ;DalGwt a+}s tyf ljQLo ;+:Yffaf6 ljt/0f x'g] gub nfef+z, af]g; ;]o/ / xsk|b ;]o/df
;xefuL x'g aGb]h nufOPsf] 5 .
;+:yfkssf] :jfldTjdf /x]sf] ;]o/ gfd;f/L jf vl/b u/L lng] JolQm jf ;+:yf klg ;+:yfksx?sf] ;d'xdf
/xg] u/L Ohfhtkqk|fKt ;+:yfn] k|aGwkq / lgodfjnLdf clgjfo{ ?kdf ;+zf]wg ug]{ Joj:yf ug'{ kg]{5 .
o; a}+saf6 :jLs[lt glnO{ Ohfhtkqk|fKt ;+:yfn] ;+:yfks ;d'xsf] ;]o/ gfd;f/L jf laqmL u/]sf] nut
sf u/L lbPdf To:tf ;+:yfnfO{ g]kfn /fi6 a}+s P]g, @)%* sf] bkmf !)) adf]lhd sf/jfxL x'g]5 .
Ohfhtkqk|fKt ;+:yfsf] ;+:yfks jf ;+:yfks ;d""xsf] ;]o/df ;xsf/L ;++:yfx?af6 nufgL ug]{] ;DaGwdf
o; a}+saf6 Ohfhtkq k|fKt u/]sf jf Ohfhtkqsf] nflu gofF lgj]bg k]z x'g] a}+s tyf ljQLo ;+:yfsf]
;+:yfks jf ;+:yfks ;d'xsf] ;]o/df k|rlnt sfg'g adf]lhd ;+:yflkt ;xsf/L ;+:yfx?n] ;+:yfut ?kdf
nufgL ug{ kfpg] 5}gg\ .
Ohfhtkqk|fKt ;+:yfn] ;j{;fwf/0fsf nflu ;]o/ laqmL cfJxfg u/L ljj/0fkq ;d]t hf/L u/L ;]o/sf] z'?
lg:sf;g -Initial Public Offering_ sf] dfWodaf6 ;]o/ wf/0f u/L sfod x'g cfPsf ;]o/wgLx? afx]s
;+:yfks, ;+:yfks ;d'x / Private Placement sf] dfWodaf6 :jb]zL jf ljb]zL JolQm jf ;+:yfn] wf/0f
u/]sf]] ;]o/ ;d]t o; a}+ssf] lgodg k|of]hgfy{ ;+:yfks;+:yfks ;d'xsf] ;]o/ ;/x dflgg]] 5 .
;fj{hlgs lgisfzg ug{ egL 5'ofOPsf] lwtf]kq ;DalGwt ;+:yfks, ;~rfns jf lghsf kl/jf/n] lng
kfpg] 5}gg\ . t/, To:tf] lwtf]kqsf] b/vf:t v'Nnf /xg] egL tf]lsPsf] cjlwleq k'/f laqmL gePsf]
cj:yfdf eg] of] k|ltaGw nfu" x'g] 5}g .
b'O{ k|ltzteGbf 36L ;]o/ vl/b laqmL ;DaGwL ljz]if Joj:yf
Ohfhtkqk|fKt ;+:yfsf] r'Qmf k'FhLsf] b'O{ -@_ k|ltzt jf ;f]eGbf sd ;]o/ lnPsf ;+:yfks ;]o/wgLx?sf]
gfddf /x]sf] ;+:yfks ;]o/ k|rlnt P]g sfg'g tyf b]xfosf zt{x?sf] clwgdf /xL ljBdfg ;+:yfksx?aLr
jf cGo JolQm jf ;+:yfnfO{ vl/blaqmL ug{sf] nflu o; a}+ssf] :jLs[lt lnO{ /xg' kg]{5}g . gofF
;+:yfksx?n] o; a}+sn] tf]s]sf] dfkb08 / Fit and Proper Test sf] Joj:yfnfO{ kl/kfngf u/]sf] x'g' kg]{5 .
b'O{ k|ltzteGbf a9L ;]o/ wf/0f u/]sf ;+:yfks ;]o/wgLx?sf] xsdf eg] o; k|of]hgsf] nflu ;+:yfks
;]o/ v08Ls[t u/L b'O{ k|ltzt jf ;f] eGbf sd u/L o:tf] ;'ljwf pkof]u ug{ kfO{g] 5}g .
-s_ ;+:yfks ;]o/wgLx?sf] d[To' ePsf], jf k|rlnt sfg'g adf]lhd kfl/jfl/s c+zjG8f ePdf jf
cbfntsf] cfb]z ePsf] cj:yfdf ;DalGwt xsjfnfnfO{ k|rlnt sfg'g adf]lhd x:tfGt/0f ug{
;lsg] 5 .
183
-v_ d[To' eO{ jf k|rlnt sfg'g adf]lhd kfl/jfl/s c+zjG8f xs x:tfGt/0f ePsf] cj:yfdf afx]s
;+:yfks ;]o/wgLn] cfgf] ;+:yfks ;]o/ x:tfGt/0f ubf{ ljBdfg ;+:yfks ;]o/wgLnfO{ g}
k|fyldstf lbg' kg]{5 . ljBdfg ;+:yfks ;]o/wgLx?n] pQm ;]o/ vl/b ug{ grfx]df ;f]sf] lnlvt
hfgsf/L lnO{ cGo ;d'x jf afx\o JolQm;+:yfnfO{ a]rlavg ug{ ;lsg] 5 . ;Dk"0f{ ;+:yfksx?sf]
lnlvt ;xdlt lng ;Dej gePdf ;DalGwt a}+sljQLo ;:yf dfkm{t /fli6o:t/sf] klqsfdf
sDtLdf #% lbgsf] ;fj{hlgs ;'rgf k|sfzg u/L hfgsf/L u/fpg] / ;f] cjlwleq s;}n] vl/b ug{
rfx]sf] lnlvt hfgsf/L k]z x'g gcfPdf dfq k|rlnt sfg'gsf] clwgdf /xL cGo JolQm;+:yfnfO{
laqmL ug{ ;lsg] 5 .
-u_ ;+:yfks ;d'xsf] ;]o/ vl/b ug]{ JolQm;+:yfnfO{ ;f]xL ;+:yfks ;d'xdf ;dfj]z ug'{ kg]{5 .
-3_ a'Fbf g+= @ sf] v08 -_ df plNnlvt cof]Uotf ePsf] JolQm;+:yf ;+:yfks ;]o/ vl/blaqmL ug]{
sfo{df ;xefuL x'g kfpg] 5}gg\ .
-_ ;+ul7t ;+:yfn] ;]o/ vl/b ug]{ ePdf pQm ;+:yfsf] sfo{p2]Zodf ;]o/ vl/blaqmL ug{ kfpg]gkfpg]
olsg u/L ljut @ cfly{s jif{b]lv ;~rfng d'gfkmfdf /x]sf] ljQLo ljj/0f olsg u/]/ dfq laqmL ug'{ kg]{5 .
;fy}, pQm ;+ul7t ;+:yffsf] ;~rfnsx? ;d]t shf{ ;'rgf s]Gb| lnld6]8sf] sfnf];"rLdf ;dfj]z gePsf] x'g'
kg]{5 .
-r_ s'g} JolQm kmd{, sDkgL, Psf3/ kl/jf/ jf ;+ul7t ;+:yffjf6 ;+:Yffks ;]o/df nufgL ubf{ o;
a}+saf6 Ohfhtkqk|fKt s'g} Ps a+}s tyf ljQLo ;+:Yffdf a9Ldf !% k|ltzt / cGo a}+s tyf ljQLo
;+:yfx?df r'Qmf k'FhLsf] a9Ldf ! k|ltzt;Dd dfq nufgL ug{ ;Sg] Joj:yf /x]sf] x'Fbf ;f] ;DaGwL
cj:yf ;DalGwt a}+s jf ljQLo ;+:yfn] olsg u/]kl5 dfq ;+:yfks ;]o/ vl/blaqmL sfo{ x'g
;Sg]5 .
-5_ dfly v08 3, / r df plNnlvt cj:Yff k'/f eP gePsf] af/] ;DalGwt a}+sljQLo ;+:yfsf] ;~rfns
;ldltn] cfk}Fm olsg u/]/ dfq ;+:yfksx?sf] :jfldTj nut lstfadf kl/jt{g u/fpg' kg]{5 .
;+:yfks ;]o/ vl/blaqmL ;DaGwL :jLs[lt ;DalGwt a}+s jf ljQLo ;+:yfsf] ;~rfns ;ldltn] g}
k|bfg ug{ ;Sg] 5 .
-h_ ;]o/wgLx?n] vl/blaqmL ug]{ ;+:yfks ;]o/sf] d'No / ;DalGwt lgsfox?df nfUg] s/, b:t'/, ;]jf
z'Ns k|rlnt sfg'g adf]lhd x'g]5 .
-em_ r'Qmf k'FhLsf] @ k|ltzteGbf a9L ;+:yfks ;]o/ wf/0f u/]sf] cj:yfdf To:tf] ;]o/ 6'qmf 6'qmf u/L jf
Psd'i6 ?kdf ;+:yfks ;d'xdf g/x]sf] JolQmnfO{ laqmL ug{' k/]sf] v08df ;]o/ laqmLx:tfGt/0f jf
gfd;f/L ug{ o; a}+ssf] :jLs[lt lng' kg]{5 .
-`_ s'g} a}+s jf ljQLo ;+:yfdf ;+:yfks ;]o/ lwtf] /fvL shf{ lnPsf] cj:yfdf shf{ c;'nLsf kof{Kt
pkfox? cjnDag ubf{ ;d]t pQm shf{ c;'npk/ x'g g;sL pQm ;+:yfks ;]o/ g} hkmt ug'{ kg]{
cj:yf l;h{gf x'g uPsf] cj:yfdf / k|rlnt sfg'g adf]lhd a}+s jf ljQLo ;+:yfsf] ;+:yfks ;]o/
laqmL ug'{kg]{ afWofTds cj:yfdf ;]o/ ;+Vof / cf}lrTosf cfwf/df hkmt ul/Psf]afWofTds ?kdf
laqmL ug'{ kg]{ pQm ;+:yfks ;]o/ laqmL ug{sf nflu vl/bstf{sf] klxrfg ug]{ ;DaGwdf b]xfosf]
k|lqmof cjnDag ug{ ;lsg] 5 M
;+:yfks ;]o/ ;fj{hlgs ;'rgf u/L af]nsaf]n -uf]Ko l;N86]08/_ sf] dfWodaf6 k|rlnt sfg'g
/ g]kfn /fi6 a}+ssf] gLlt Pjd\ lgb{]zg ljkl/t gx'g] u/L ;DalGwt a}+s jf ljQLo ;+:yfsf
ljBdfg ;+:yfks ;]o/wgL nufot cGo OR5's JolQm, kmd{ sDkgL tyf ;+ul7t ;+:yfnfO{ laqmL
ug{ vl/bstf{ 5gf}6 ug{,
k|rlnt sfg'g tyf ljBdfg lgb{]zgdf ePsf] Joj:yf adf]lhd o;/L ;+:yfks ;]o/ vl/b ug{]
vl/bstf{ ;+:yfks ;d'xdf g} kg{] Joxf]/f ;d]t hfgsf/L u/fpg] . ;+:yfks ;]o/ vl/bstf{ klxrfg
eO{;s]kl5 r'Qmf kF"hLsf] @ k|ltzteGbf 36L ;+:yfks ;]o/ wf/0f ug]{ ;+:yfks ;]o/wgLsf] ;+:yfks
;]o/sf] xsdf dfly plNnlvt k|lqmof ckgfO{ ;]o/ laqmL jf gfd;f/L ug{' kg{] . t/, r'[Qmf k'FhLsf] @
k|ltzteGbf a9L ;]o/ :jfldTj wf/0f u/]sf] cj:yfdf ;]o/ laqmLx:tfGt/0f jf gfd;f/L ;DaGwL
k|lqmof o; a}+saf6 :jLs[lt k|fKt ePkl5 dfq cl3 a9\g] .
184
-6_
;+:yfks ;]o/ laqm]tf shf{ ;'rgf s]Gb| lnld6]8sf] sfnf];"rLdf ;'rLs[t /lx/x]sf] eP To:tf] ;+:yfks
;]o/ laqmLaf6 k|fKt x'g cfpg] /sd clgjfo{ ?kdf shf{ r'Qmf ug]{ k|of]hgsf nflu pkof]u ug'{ kg]{5 .
-7_ plNnlvt Joj:yfsf] clwgdf /xL ;]o/ vl/blaqmL u/L gofF sfod ePsf ;+:yfks ;]o/wgLx?
;lxtsf] cBfjlws ljj/0f !% lbgleq o; a}+s ;dIf k]z ug'{ kg]{5 .
-8_ dfly plNnlvt k|lqmof gk'ofO{ ;+:yfks ;]o/ vl/blaqmL ul/Psf] cj:Yffdf b]xfosf sf/jfxL x'g]5g\
a}+s jf ljQLo ;+:yfM g]kfn /fi6 a}+s, P]g @)%* sf] bkmf !)) adf]lhd ;r]t u/fpg] nufotsf
cGo sf/jfxL . ljqm]tf ;+:yfks ;]o/wgLsf xsdf h'g a}+s jf ljQLo ;+:yfsf] ;+:yfks ;]o/ xf]
;f]xL a}+s jf ljQLo ;+:yfn] hkmt ug{ ;Sg] .
vl/blaqmLstf{M gofF ;+:yfkgf x'g] a}+s jf ljQLo ;+:yfsf] ;+:yfks ;]o/df nufgL ug{ / s'g}
klg Ohfhtkqk|fKt ;+:yfsf] ;~rfnssf] ?kdf /xg vl/blaqmL u/]sf] ldltn] % jif{;Dd of]Uo
gx'g] .
-9_ k|rlnt P]g, sfg'g / o; a}+saf6 hf/L ul/Psf gLlt lgb]{zgx?df s'g} kl/dfh{g ePdf ;f]xL adf]lhd
plNnlvt Joj:Yffdf kl/dfh{g ePsf] dflgg] 5 .
-0f_ ;xsf/L ;+:yfx?n] o; a}sjf6 Ohfhtkqk|fKt ;+:yfsf] ;]o/ vl/b ug{ kfpg] 5}gg\ .
!%= %! k|ltzteGbf a9Lsf] ;+:yfks ;d'xsf] ;]o/ laqmL ;DaGwdf
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf (-@_ sf] k|of]hgsf] nflu b]xfodf plNnlvt zt{x?sf]
clwgdf /xL %! k|ltzteGbf a9L ;+:yfks ;d'xsf] ;]o/ :jfldTj /x]sf a}+s tyf ljQLo ;+:yfsf ;+:yfks
;]o/wgLx?n] rfx]df ;+:yfks ;d'xsf] ;]o/ :jfldTj sDtLdf %! k|ltzt sfod /xg] u/L afFsL ;]o/
;j{;fwf/0f ;]o/ ;/x bf];|f] k'FhL ahf/ -Secondary Capital Market_ dfkm{t sf/f]af/ ug{ ;Sg]] 5g\ .
-s_ a}+s tyf ljQLo ;+:yfx?sf] ljQLo sf/f]af/ ;~rfng ePsf] % jif{ k'/f u/]sf] x'g' kg]{5 .
-v_ ;+:yfks jf ;+:yfks ;d'xsf] ;]o/ :jfldTj sDtLdf %! k|ltzt sfod} /xg' kg]{5 .
-u_ %! k|ltzteGbf a9L ePsf] ;]o/ :jfldTj lwt]fkq ljlgdo ahf/ lnld6]8 dfkm{t vl/b
laqmLkl/0ft ug{] k|of]hgsf] nflu ;+:yfksx?sf] ;]o/ nufgLsf] cg'kftdf ;dfg'kflts ?kdf (Prorata basis) a9L x'g] ;]o/ ;j{;fwf/0fdf kl/0ft u/L k|rlnt sfg'g adf]lhd lwtf]kq ljlgdo ahf/
lnld6]8 dfkm{t\ vl/blaqmL ug{ ;lsg] 5 . xfn ljQLo sf/f]af/ ;~rfng ePsf] % jif{ k'/f u/]sf
a}+s tyf ljQLo ;+:yfx?n] o; Joj:yf cg'?k ;]o/ laqmL ug{ ;Sg] 5g\ .
t/, s'g} ;+:yfks;+:yfks ;d'xdf /x]sf] ;]o/wgLn] dfly pNn]v eP cg';f/sf] ;]o/x? csf]{
;d'xdf kl/0ft ug{ grfx]sf] egL :jM3f]if0ff ljj/0f k|fKt ePsf] cj:yf /x]5 eg] afFsL /x]sf
;b:ox?n] ;+:yfks;+:yfks ;d'xsf] ;]o/ :jldTj %! k|ltzteGbf sd gx'g] u/L To:tf] ;]o/
cg'kft pkof]u ug{ kfpg] 5g\ .
-3_ o; ;DaGwdf ;DalGwt a}+s tyf ljQLo ;+:yfsf] ;~rfns ;ldltsf] l;kmfl/; ;lxt o; a}+saf6
:jLs[lt k|fKt ug'{ kg]{5 . o;/L :jLs[lt k|fKt ePkl5 cfufdL ;fwf/0f ;efaf6 k|aGwkq tyf
lgodfjnLdf cfjZos ;+zf]wg u/L ;f]xL adf]lhd ;]o/ ;+/rgf ldnfpg' kg]{5 . ;f] adf]lhd k|aGwkq
tyf lgodfjnLdf cfjZos ;+zf]wg geP;Dd o;/L vl/blaqmL kl/0ft x'g] ;]o/sf] c+z ;+:yfks
;d'xdf g} /x]sf] dflgg] 5 .
-_ k|aGwkq tyf lgodfjnL ;+zf]wg ubf{ ;~rfns ;ldltdf klg ;]o/ :jfldTj cg'?k k|ltlglwTj x'g]
u/L ldnfpg' kg]{5 .
-r_ Psk6s ;j{;fwf/0f ;]o/df kl/0ft e};s]sf] ;]o/ k'gM ;+:yfks jf ;+:yfks ;d'xsf] ;]o/df kl/0ft
ug{ kfOg] 5}g .
-5_ ;+:yfks ;d'xdf /x]sf] ;]o/ ;j{;fwf/0f ;]o/df kl/0ft u/L laqmL ug]{ JolQm;+:yf sfnf];"rLdf
/x]sf] ePdf lghsf] ;]o/ a}+s tyf ljQLo ;+:yfsf] shf{ r'Qmf ug]{ k|of]hgsf] nflu dfq laqmL ug{
kfOg] 5 . sfnf];"rLdf /x]g/x]sf] Joxf]/f ;DalGwt a}+s tyf ljQLo ;+:yfn] g} olsg ug'{ kg]{5 .
-h_ o; Joj:yf cg'?k laqmLkl/0ft ug]{ sfo{ Psk6s dfq ug{ kfOg] 5 .
185
-em_ a}+s tyf ljQLo ;+:yfdf ;~rfns sfo{sf/L k|d'v, n]vfk/LIfs, ;lrj jf a} jf ljQLo ;+:yfsf]
Joj:yfkg tyf n]vf ;DaGwLsfo{df k|ToIf ?kn] ;+nUg JolQmn] To:tf] kbdf axfn /x]sf] cj:Yffdf
;d]t ;+:yfks ;d'xsf] ;]o/ o; Joj:yf cg'?k ;j{;fwf/0fdf kl/0ft ug{ afwf kg]{5}g . t/,
vl/blaqmL ;DaGwL k|lqmof k|rlnt sfg'gsf] clwgdf /xL ug'{ kg]{5 .
!^= a}+s tyf ljQLo ;+:yfn] k'FhL a[l Pjd\ k'FhL ;+/rgf kl/jt{g ug{ rfx]df b]xfosf zt{sf] clwgdf /xL ug{ ;Sg]M
-s_ k'FhL a[lkl5 s'n k'FhLdf ;j{;fwf/0f ;]o/ :jfldTjsf] cg'kft k'FhL a[l cl3 sfod /x]sf] ;j{;fwf/0f
;]o/ :jfldTjsf] cg'kfteGbf sdL gx'g] u/L dfq k'FhL a[l ug'{ kg]{5 .
-v_ o; a}+ssf] lgb]{zg adf]lhd cfly{s jif{ @)^$.^% b]lv @)&) c;f/ d;fGt;Dddf tf]lsPsf] r'Qmf
k'FhL k'/f ug'{kg]{ ;+:yf afx]ssf a}+s tyf ljQLo ;+:yfn] tof/ u/L k]z u/]sf]] k'FhL of]hgf cg';f/
tf]lsPsf] Go'gtd r'Qmf k'FhL sfod ug{ Right Re-nounce ug]{ k|of]hg afx]s Ohfhkqk|fKt a}+s tyf
ljQLo ;+:yfsf] k'FhL j[l4 ubf{ ;+:yfks ;d'xdf gofF ;]o/wgL yk ug{ kfOg] 5}g .
-u_ a}+s tyf ljQLo ;+:yfsf] k'FhL a[l Pjd\ k'FhL ;+/rgfdf kl/jt{g ug{ k|rlnt sfg'g adf]lhd
;DalGwt ;+:yfsf] jflif{s ;fwf/0f ;efljz]if ;fwf/0f ;efjf6 :jLs[t u/fpg' kg]{5 .
-3_ o; sfo{sf nflu o; cl3 ;}flGts ;xdlt lbO;s]sf] cj:yfdf pQm ;}4flGts ;xdltdf plNnlvt
zt{sf] clwgdf /xL sfof{Gjog ug{ eg] o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
-_ o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?nfO{ hf/L ul/Psf] PsLs[t lgb]{zg, @)^^ sf]
O=k|f= lgb]{zg g+= !))^^ sf] a'Fbf g+= !^ -a}=lj=lg=lj=gLltkl/kq#)^%.^^ ldlt @)^%.$.@*
sf] kl/kq_ df ePsf] Joj:yf adf]lhd ;+:yfks ;]o/sf] cg'kft yk ug{ :jLs[lt k|fKt u/]sf a}+s
tyf ljQLo ;+:yfn] o; lgb]{zgsf] a'Fbf g+= !^ cg';f/sf] ;+:yfks ;]o/ ;j{;fwf/0fdf kl/jt{g
kl/0ft ug{ kfpg] 5}gg\ . ;fy}, ;f] sf] clen]vsf nflu ;]o/ k'l:tsfdf clen]vLs/0f u/L k|To]s
cfly{s jif{sf] jflif{s k|ltj]bgdf pQm ljifo v'nfpg' kg]{5 .
!&= Cross Holding u/L nufgL ul//x]sf] ;+:yfks ;]o/ laqmL ;DaGwdf
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf $* sf] pkbkmf -!_ -5_ sfof{Gjog ug]{u/fpg]
l;nl;nfdf ;f]xL P]gsf] bkmf (-@_ sf] k|of]hgsf] nflu b]xfosf zt{x?df a}+s tyf ljQLo ;+:Yffx?n]
cfk;df Cross-holding x'g] u/L nufgL u/]sf] ;+:yfks ;d'xsf] ;]o/ lwtf]kq ljlgdo ahf/ dfkm{t
vl/blaqmL ug{] ;DaGwdf b]xfo adf]lhd ug'{ kg]{5 .
-!_ o; a}+saf6 Ohfhtkqk|fKt ;+:yfx?n] cGo Ohfhtkqk|fKt ;+:yfdf nufgLdf /lx/x]sf] ;+:yfks
;+:yfks ;d'xsf] ;]o/ g]kfn lwtf]kq ljlgdo ahf/ dfkm{t vl/blaqmL ug{ ;Sg] u/L 5'6 k|bfg
ul/Psf] .
-@_ ;+:yfks ;]o/ gfd;f/L jf laqmL ubf{ ljBdfg ;+:yfks ;]o/wgLx?sf] ?kdf /lx/x]sf cGo
;b:ox?nfO{ k|fyldstf lbg'kg]{ ljBdfg PsLs[t lgb]{zg g+= !) sf] Joj:Yff o; k|of]hgsf] nflu nfu"
gx'g] .
-#_ g]kfn lwtf]kq ljlgdo ahf/ dfkm{t ;]o/ vl/b ug]{ JolQm;+:yf ;d]t ;+:yfks ;d'xdf g} sfod
/xg] .
-$_ ;+:Yffks ;d'xsf] ;]o/ vl/bstf{ shf{ ;'rgf s]Gb| ln= sf] sfnf];"rLdf ;dfj]z gePsf] x'g'kg]{ /
k|rlnt sfg'g tyf o; a}+saf6 hf/L ul/Psf lgb]{zg adf]lhd ;+:yfks ;]o/;+:yfks ;d'xsf] ;]o/
vl/b ug{ cof]Uo gePsf] :jM3f]if0ff (Self Declaration) ;]o/ vl/b ubf{sf] cj:Yffdf g} k]z ug'{ kg]{ .
-%_ a}+s tyf ljQLo ;+:yfx?n] o; lgb]{zg adf]lhd cGo a}+s tyf ljQLo ;+:yfx?df cfkm"n] nufgL
u/]sf] ;+:yfks ;]o/ o; lgb]{zg adf]lhd clgjfo{?kdf a]rlavg u/L ;Sg' kg]{ .
-^_ ;]o/ vl/b laqmL ;DaGwL cGo Joj:yf tyf k|lqmofsf ;DaGwdf k|rlnt sfg'g cg';f/ g} x'g] .
-&_ lwtf]kq ljlgdo ahf/ dfkm{t Ohfhtkqk|fKt ;+:yfn] vl/blaqmL u/]sf ;+:yfks ;]o/x? lwtf]kq
ljlgdo ahf/ dfkm{t k'gM vl/b laqmL ug{ ;lsg] . t/ o;/L ;]o/ vl/b ug]{ JolQm;+:yfx?
;DalGwt ;+:yfks ;d'xd} /xg] .
-*_ o;/L JolQm tyf ;+:yfn] k'gM ;]o/ vl/blaqmL ug]{ ;DaGwdf dfly plNnlvt pka'Fbf g+= % df
pNn]v ePsf] Joj:yf afx]ssf cGo ;Dk"0f{ a'Fbfsf Joj:yfx? cfslif{t x'g] .
186
!*= Cross Holding laqmL u/]kl5 dfq nfef+z km's'jf ug]{

!*=! Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cGo Ohfhkqk|fKt a}+s tyf ljQLo ;+:yfx?df u/]sf] ;+:yfks ;]o/
nufgL (Cross Holding) @)^% r}t d;fGtleq laqmL (Divest) u/L ;Sg'kg]{ Joj:yf ePsf]df pQm Joj:yfsf]]
kfngf gu/]sf a}+s tyf ljQLo ;+:yfnfO{ b]xfo adf]lhdsf] sf/jfxL ul/g] 5 .
s=
;+:yfks ;]o/ nufgL -Cross Holding_ cGTo ug]{ ;DaGwL gLltut Joj:yf kfngf gu/]sf a}+s tyf
ljQLo ;+:yfn] xsk|b ;]o/ vl/b ug{ gkfpg], gub nfef+z, af]g; ;]o/nfO{ /f]Ssf /fVg] / /f]Ssf /flvPsf]
af]g; ;]o/ nufot ;a} Cross Holding laqmL -Divest_ u/]kl5 dfq gub nfef+z km's'jf ul/g] 5 .
v=
tf]lsPsf] ;do leq klg a]rljvg gu/]sf ;+:yfnfO{ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf]
bkmf &$ adf]lhd sf/jfxL ul/g] 5 .
!*=@ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# afx]s cGo k|rlnt sfg'g adf]lhd :yfkgf eO{ lgIf]k kl/rfng tyf
shf{sf] sf/f]af/ ul//x]sf ;+:yfn] o; a}+saf6 Ohfhtkqk|fKt ;+:yfsf] ;+:yfks ;]o/df u/]sf] nufgL @)^%
c;f/ d;fGtleq laqmL gu/]sf] ePdf To:tf] ;+:yfks ;]o/df nufgL u/]sf ;+:yfnfO{ xsk|b ;]o/gub nfef+z
ljt/0f ug{ gkfOg], af]g; ;]o/nfO{ /f]Ssf /fVg] / /f]Ssf /flvPsf] af]g; ;]o/ nufot ;a} Cross Holding
laqmL -Divest_ u/]kl5 dfq gub nfef+z km's'jf ug'{ kg]{5 .
!(= xsk|b ;]o/ ;DaGwdf
!= xsk|b ;]o/ laqmL ;DaGwdf
-s_ tf]lsPsf] k'FhLsf]if cg'kft sfod u/]sf a}+s tyf ljQLo ;+:yfxsf] xsdf xsk|b ;]o/ hf/L ubf{
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf & -!_ adf]lhd ;j{;fwf/0fnfO{ laqmL ljt/0f
ul/Psf] ;]o/ wf/0f ug]{ s'g} ;]o/wgLn] vl/b gu/]df jf ;]o/ vl/b ug]{ xs cnfO{ laqmL jf
x:tfGt/0f gu/]df To;/L laqmL x'g g;s]sf] xsk|b ;]o/sf] c+z v08 -u_ df plNnlvt cj:yfdf
afx]s cGo cj:yfdf :jtM vf/]h ug'{ kg]{]5 .
-v_ v08 -s_ adf]lhd vf/]h ug'{ k/]sf] cj:yfdf k|To]s jif{ ;dfg'kflts kdf r'Qmf k'FhL j[l4
ub]}{ n}hfg' kg]{ o; a}+ssf] k|fjwfg kfngf ug]{ k|of]hgsf nflu To:tf] vf/]hL ug'{ k/]sf] ;]o/sf]
/sdsf] xb;DdnfO{ cfufdL jif{df ;dfof]hg ug{ ;lsg] 5 .
-u_ v08 -s_ adf]lhd :jtM vf/]h ug'{k/]sf] sf/0faf6 k|rlnt sfg'gL tyf gLltut Joj:yf adf]lhd
;]o/ :jfldTj ;+/rgfdf k|lts'n c;/ kg]{ cj:yf ePdf dfq To:tf] ;]o/sf] c+z ;fj{hlgs ;'rgf
dfkm{t ;fj{hlgs af]nsjf]nsf] cfwf/ (Public Auction Basis) df Go'gtd k|lt ;]o/ d'No ?= !))
tf]sL laqmL ug{ ;lsg] 5 . o;/L ;fj{hlgs af]nsjf]nsf] dfWodf/f laqmL ubf{ k|lt ;]o/ ?= !))
eGbf a9L k|fKt x'g cfpg] /sd -Premium_ nfO{ ;DalGwt a}+s tyf ljQLo ;+:yfn] 5'6\6} Share
Premium zLif{s cGt{ut b]vfpg' kg]{5 .
-3_ ;+:yfks;+:yfks ;d'x cGtu{tsf] laqmL x'g g;s]sf] o:tf] xsk|b ;]o/sf] c+z k|rlnt Joj:yf
cg'?k ljBdfg ;+:yfksx?nfO{ laqmL ug{ ;lsg] 5 . k|rlnt sfg'g adf]lhd a}+s jf ljQLo ;+:yfsf]
;+:yfks ;]o/ cGo JolQmnfO{ laqmL ug'{kg]{ afWofTds cj:yfdf ;]o/ ;+Vof / cf}lrTosf cfwf/df
afWofTds ?kdf laqmL ug'{ kg]{ pQm ;+:yfks ;]o/ laqmL ug{sf nflu vl/bstf{sf] klxrfg ug]{
;DaGwdf b]xfosf] k|lqmof cjnDag ug{ ;lsg] 5 M
;+:yfks ;]o/ ;fj{hlgs ;'rgf u/L af]nsaf]n -uf]Ko l;N86]08/_ sf] dfWodaf6 k|rlnt sfg'g
/ g]kfn /fi6 a}+ssf] gLlt Pjd\ lgb{]zg ljkl/t gx'g] u/L ;DalGwt a}+s jf ljQLo ;+:yfsf
ljBdfg ;+:yfks ;]o/wgL nufot cGo OR5's JolQm, kmd{ sDkgL tyf ;+ul7t ;+:yfnfO{ laqmL
ug{ vl/bstf{ 5gf}6 ug{,
k|rlnt sfg'g tyf ljBdfg lgb{]zgdf ePsf] Joj:yf adf]lhd o;/L ;+:yfks ;]o/ vl/b ug{]
vl/bstf{ ;+:yfks ;d'xdf g} kg{] Joxf]/f ;d]t hfgsf/L u/fpg] . ;+:yfks ;]o/ vl/bstf{
klxrfg eO{;s]kl5 r'Qmf kF"hLsf] @ k|ltzteGbf 36L ;+:yfks ;]o/ wf/0f ug]{ ;+:yfks
;]o/wgLsf] ;+:yfks ;]o/sf] xsdf a'Fbf g+= !% df plNnlvt k|lqmof ckgfO{ ;]o/ laqmL jf
gfd;f/L ug{' kg{] . t/, r'[Qmf k'FhLsf] @ k|ltzteGbf a9L ;]o/ :jfldTj wf/0f u/]sf] cj:yfdf
;]o/ laqmLx:tfGt/0f jf gfd;f/L ;DaGwL k|lqmof o; a}+saf6 :jLs[lt k|fKt ePkl5 dfq cl3
187
-_
a9\g] . o; k|lqmofaf6 ;]o/ vl/b ug]{ JolQm;+:yf k|rlnt Joj:yf cg';f/ of]Uotf k'u]sf] x'g'
kg]{5 .
Ohfhtkqk|fKt a}+sljQLo ;+:yfn] xsk|b ;]o/ lgisfzg ubf{ ;fljssf ;+:yfks ;]o/wgLx?n]
vl/b ug{ kfpg] xsk|b ;]o/sf] ;Dk"0f{ jf cf+lzs xs x:tfGt/0f ug{ rfx]df k|rlnt sfg'g
adf]lhd k|aGwkq tyf lgodfjnLdf Joj:yf u/L r'Qmf k'FhLsf] @ k|ltzt jf ;f]eGbf sd ;]o/
lnPsf ;+:yfks ;]o/wgLsf] xsdf ;DalGwt a}+sljQLo ;+:yfn] b]xfosf zt{sf] clwgdf /xL]
xs x:tfGt/0f ug{ ;Sg]] 5g\ .
!= ;+:yfks;+:yfks ;d'xsf] xsk|b ;]o/sf] xs x:tfGt/0f cfg} ;d'xsf ;+:yfksnfO{
klxnf] k|fyldstf lbg' kg]{5 . o;/L xs x:tfGt/0f ubf{ cfg} ;d'xdf ;]o/sf] xs
x:tfGt/0f x'g g;s]sf] cj:yfdf ljBdfg cGo ;+:yfksnfO{ bf];|f] k|fyldstf lbO{ xs
x:tfGt/0f ug{ ;Sg] 5 .
pko'{Qm adf]lhd ;+:yfks;+:yfks ;d'xsf] xsk|b ;]o/sf] xs x:tfGt/0f cfg}
;d'xsf ;+:yfksnfO{ klxnf] k|fyldstf lbFbf b]xfo adf]lhdsf] k|lqmof ckgfpg' kg]{ u/L
:ki6 ul/Psf] 5 M
xsk|b ;]o/sf] xs x:tfGt/0f ug{ rfxg] ;]o/wgLn] laqmL d'No tf]sL xs x:tfGt/0f
ug{ rfx]sf] lgj]bg a}+s tyf ljQLo ;+:yfdf k]z ug'{ kg]{5 .
o;/L lgj]bg k]z u/]kl5 & lbgsf] ;do tf]sL ;+:yfn] klxnf] k|fyldstfdf k/]sf
;]o/wgLnfO{ ;'rgf lbg' kg]{5 .
o;/L klxnf] k|fyldstfdf k/]sf ;]o/wgL]n] & lbgleq ;f] d"Nodf xs lng grfx]df
cGo ;+:yfksnfO{ a}+sn] ;'rgf lbg' kg]{5 .
tTkZrft cGo ;+:yfksnfO{ bf];|f] k|fyldstf lbO{ xs x:tfGt/0f ug{ ;lsg]5 .
@=
v08 -!_ adf]lhd ;+:yfks ;d'xdf ;]o/sf] xs x:tfGt/0f x'g g;Sg]

cj:yf ePdf dfq cGo JolQm jf ;+:yfnfO{ o; lgb]{zgsf clwgdf /xL
;]o/sf] xs x:tfGt/0f ug{ ;lsg] 5 . o;/L ;+:yfks ;d'xsf] ;]o/sf]
xs x:tfGt/0f u/L lng] JolQm jf ;+:yf klg h'g ;d'xaf6 ;]o/sf] xs
x:tfGt/0f u/L lnPsf] xf] ;f]xL ;d'xdf ;dfj]z x'g] 5 .
#=
@=
k|:tfljt ;+:yfks ;]o/wgL o; a}+saf6 hf/L lgb]{zg cg';f/ ;+:yfks ;]o/wgLsf] nflu
tf]lsPsf] of]Uotf -Fit & Proper Test) k'/f ePsf] x'g' kg]{5 .
$= k|:tfljt ;+:yfks ;]o/wgL shf{ ;'rgf s]Gb|sf] sfnf];"rLdf gk/]sf] x'g' kg]{5 .
%= k|:tfljt ;+:yfks ;]o/wgLn] cfgf] nufgLsf] ;|f]t v'Ng] sfuhftsf ;fy} kl5Nnf]
cfly{s jif{sf] s/ r'Qmf k|df0fkq /jf s/ bflvnf u/]sf] lg:;f ;d]t k]z ug'{ kg]{5 .
^= plNnlvt Joj:yfsf] clwgdf /xL xsk|b ;]o/sf] xs x:tfGt/0f u/]sf] ljj/0f o; a}+s
;dIf k]z ug'{ kg]{5 .
-r_ v08 -s_ b]lv -_ ;Dd h'g;'s} s'/f n]lvPsf] ePtf klg a} jf ljQLo ;+:yfsf ;~rfns, sfo{sf/L
k|d'v, n]vfkl/Ifs, ;lrj jf a} jf ljQLo ;+:yfsf] Joj:yfkg tyf n]vf ;DaGwL sfo{df k|ToIf
?kn] ;+nUg JolQmn] To:tf] kbdf axfn /xFbfsf avt jf To:tf] kb 5f8]sf] sDtLdf Ps jif{;Dd
;DalGwt a} jf ljQLo ;+:yf jf To;sf] ;xfos sDkgLsf] xsk|b ;]o/ cGo s'g} klg JolQm jf
;+:yfnfO{ xs x:tfGt/0f ul/lbg jf cGo s'g} klg JolQm jf ;+:yfaf6 xs x:tfGt/0f :jLsf/ ul/lng
x'Fb}g .
xsk|b ;]o/df k'j{ nufgL ug]{ ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] k'FhL kof{Kttf sfod ug]{ k|of]hgsf nflu ;+:yfksx?n] xsk|b
;]o/ -Right Share_ df k'j{nufgL ug{ rfx]df lgDg zt{x?sf] clwgdf /xL ug{ ;Sg] 5g\ .
-s_ k'FhL j[l4 ;DaGwL k|:tfj ;DalGwt a}+s tyf ljQLo ;+:yfsf] ;fwf/0f;efaf6 lg0f{o eO;s]sf] x'g' kg]{
188
.
-v_ o; a}+ssf] lgb]{zg cg';f/ k'FhLsf]if cg'kft k'ofpg] k|of]hgsf] nflu ;+:yfks ;]o/wgLx?af6
clu|d ?kdf ;+sng u/]sf] /sd Calls in Advance zLif{sdf hDdf ug'{ kg]{ / To;/L hDdf ul/Psf]
/sdnfO{ a}sljQLo ;+:yfn] To;kl5sf] xsk|b ;]o/ -Right Share_ hf/L ubf{sf] cj:yfdf clgjfo{
?kdf ;dfof]hg ug'{ kg]{5 . To;}u/L, a}+s tyf ljQLo ;+:yfsf ;]o/wgL -;+:yfks;j{;fwf/0f
;d'x_ x?n] o; a}+ssf] lgb]{zg adf]lhdsf] cfgf] k'FhL of]hgf cg';f/ ;dfg'kflts ?kdf k'FhL
k'/\ofpg' kg]{ ;DalGwt cfly{s jif{ leqdf g} xsk|b ;]o/ jfkt /sd hDdf ul/;s]sf] t/ ;]o/
af+8kmf+8 gePsf] sf/0f ;DalGwt cfly{s jif{df r'Qmf k'FhL zLif{sdf ;dfof]hg x'g g;s]sf]
cj:yfdf To:tf] /sdnfO{ ;d]t ;]o/ jfkt clu|d ?kdf ;+sng u/]sf] /sdnfO{ Calls in
Advance zLif{sdf b]vfpg ;lsg] 5 . o;/L cu|Ld ?kdf ;+slnt k'FhL /sdnfO{ o; a}+ssf]
lgb]{zg cg';f/ ;dfg'kftLs ?kdf j[l4 ub}{ hfg' kg]{ r'Qmf k'FhLdf u0fgf ug{] k|of]hgsf nflu ;d]t
;dfa]z ug{ ;lsg] .
-u_ o;/L cu|Ld ?kdf ;]o/df nufgL ubf{ ;DalGwt ;+:yfks ;]o/wgLn] cfgf] c+z -Share_ ;Dd
dfq nufgL ug{ ;Sg] .
-3_ o:tf] Calls in Advance sf] ;6\6fdf s'g} k|sf/sf] ;'ljwf, C0f lbg jf lwtf] /fVg gkfOg] .
-_ o:tf] Calls in Advance df s'g} k|sf/sf] Aofh lnglbg gkfOg] / ;]o/ k'FhL jfkt ul/g] To:tf]
clu|d ;]o/ nufgL /sdnfO{ s'g} klg cj:yfdf lkmtf{ e'Qmfg ug{, lemSg jf 36fpg -Divestment_
gkfOg] . ;fy}, o:tf] /sd r'Qmf k'FhLdf n]vf+sg geP;Dd o;df nfef+z lbg gkfOg] .
-r_ xsk|b ;]o/df ul/g] k'j{ nufgL /sdnfO{ To;kl5sf] xsk|b ;]o/ lgisf;g -Right Share Issue_
;Fu cfj4 -Tie- up_ ug'{ kg]{ .
-5_ o;/L cu|Ld ?kdf ;+slnt k'FhL /sdnfO{ Calls in Advance zLif{sdf b]vfpg' kg]{ / o;df hDdf
ePsf] /sdn] vfd]df zfvf vf]Ng] k|of]hgfy{ cfjZos kg]{ cltl/Qm k'FhLsf] k|of]hgsf] nflu ;d]t
r'Qmf k'FhL ;/x g} dfGotf k|bfg ul/g] .
-h_ xsk|b ;]o/df k'j{ nufgL eP klg xsk|b ;]o/ lgZsf;g ubf{ k'/f ug'{ kg]{ ;Dk"0f{ k|lqmof / ljBdfg
Joj:yf kfngf u/]sf]] x'g' kg]{ .
@)= Ohfhkqk|fKt ;+:yfdf ljb]zL nufgL ;DaGwdf
-!_ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf $ sf] pkbkmf -#_ df ePsf] Joj:yf adf]lhd s'g}
ljb]zL a} jf ljQLo ;+:yfn] dfq Ohfhkqk|fKt ;+:yfdf nufgL ug{ ;Sg] 5g\ .
-@_ of] lgb]{zg hf/L x'g' k'j{ s'g} ljb]zL a} jf ljQLo ;+:yf afx]s cGo ljb]zL JolQm jf ;+:yfsf]
Ohfhtkqk|fKt ;+:yfdf nufgL /x]sf] cj:yfdf To:tf] nufgL ljb]zL a}+s, ljQLo ;+:yf jf g]kfnL
JolQm, ;+:yfnfO{ laqmL u/L lgoldt ug'{kg]{5 .
-#_ pka'Fbf g+= -@_ adf]lhd laqmL ul/;Sg' kg]{ ;dofjwL @)&@ cfiff9d;fGt sfod ul/Psf] 5 .
-$_ pka'Fbf g+= -#_ df plNnlvt ;dofjlwleq To:tf] nufgL lgoldt gePdf ;DalGwt a}+s tyf ljQLo
;+:yfaf6 ljt/0f ul/g] gub nfef+z tyf af]g; ;]o/ /f]Ssf x'g] / ;DalGwt ;+:yfaf6 hf/L ul/g]
xsk|b ;]o/df ;xefuL x'g aGb]h nufOPsf] 5 .
-%_ s'g} ljb]zL a} jf ljQLo ;+:yfsf] nufgL /x]sf] sf/0faf6 Ohfhtkqk|fKt ;+:yfn] a}+s tyf ljQLo
;+:yf ;DaGwL P]g, @)^# sf] bkmf & adf]lhd ;j{;fwf/0fnfO{ laqmL ljt/0f ug{sf] nflu cfgf] s'n
hf/L k'FhLsf] sDtLdf tL; k|ltzt ;]o/ 5'6\ofpg' kg]{ Joj:yfdf 5'6 kfO{ s'g} sf/0fjz ljb]zL nufgL
lkmtf{ nuL g]kfnL JolQm jf ;+:yfnfO{ laqmL u/]sf] cj:yfdf ;DalGwt Ohfhtkqk|fKt ;+:yfn] Ps
jif{leq ;j{;fwf/0f ;]o/sf] lx:;f sDtLdf tL; k|ltzt k'/\ofpg' kg]{5 . xfn s'g} Ohfhkqk|fKt
;+:yfn] pQm bkmfsf] kfngf ug{ afFsL ePsf] cj:yfdf @)&@ cfiff9d;fGtleq ;j{;fwf/0f ;]o/sf]
lx:;f sDtLdf tL; k|ltzt k'/\ofpg' kg]{5 .
-^_ Ohfhtkqk|fKt ;+:yfsf] a}b]zLs :jfldTjdf /x]sf] ;]o/ vl/b / laqmL ug{ o; a}+ssf] :jLs[lt lng'
kg]{5 .
189
@!= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf] ;+:yfks z]o/wgLx?nfO{ Pp6} ;+:yfks ;d"xdf /fVg' kg]{5 . of]
lgb]{zg hf/L x'Fbf s'g} a}+s tyf ljQLo ;+:yfsf] k|jGwkq tyf lgodfjnLdf ;f] cg';f/sf] Joj:yf gePsf]
eP cfufdL ;fwf/0f ;efn] ;f] ;DaGwL k|:tfj kfl/t u/L ;+zf]wg ug'{kg]{ 5 .
t/, j}b]lzs nufgL / ;+:yfut nufgL /x]sf a}+s tyf ljQLo ;+:yfn] k|aGwkq tyf lgodfjnLdf
;dfg'kflts k|ltlglwTj sfod x'g] u/L ;~rfns ;+Vof tf]Sg] Joj:yf ug{ afwf k'u]sf] dflgg] 5}g .
@@= vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] Ohfhtkqk|fKt ;+:yfsf] ;+:yfks ;]o/ gfd;f/L jf laqmL ;DaGwL Joj:yf
O=k|f=lgb]{zg g+= !))&! af6 hf/L ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L
ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
190
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f= lgb]{zg g+= !!)&@
;xljQLos/)f shf{ ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfx?n] ;xljQLos/0f (Consortium

cGtu{t k|jfx ug]{ shf{nfO{ Jojl:yt / k|efjsf/L agfpgsf nflu g]kfn /fi6 a}+s P]g, @)%* sf]
&( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
;xljQLos/0f shf{sf]] kl/efiff
ljifo jf k|;Fun] csf]{ cy{ gnfu]df o; lgb]{zgdf ;xljQLos/0f shf{ eGgfn] b'O{ jf b'O{ eGbf a9L
Ohfhtkqk|fKt ;+:yfx?n] cfk;L ;dembf/Lsf] cfwf/df ;+emf}tf u/L s'g} Pp6f u|fxs, kmd{, sDkgLnfO{ jf
kl/of]hgfsf] nflu k|jfx ug{] shf{ ;fk6 tyf ;'ljwfnfO{ ;Demg' k5{ .
;xljQLos/0f -Consortium_ ;DaGwdf
;xljQLos/0f cGtu{t k|jfx ePsf shf{ pkef]u ug]{ kmd{sDkgLn] cu'jf a}+s tyf ;xefuL a}+sx?;Fu
dfq a}+ls sf/f]af/ ug'{ kg]{5 . of] Joj:yf Loose Consortium shf{df klg ;dfg?kn] nfu" x'g]5 . t/, Ps
k6s ;xljQLos/0f ;d'x u7g eO;s]kl5 ;f] ;d'xsf] ;xdlt lnO{ gofF ;b:onfO{ k|j]z u/fpg of]
Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
Loose Consortium eGgfn] ;xljQLos/0f ;d'x u7g gu/L Pp6f kl/of]hgfsf] nflu kfl/kf;'sf]
dfWodaf6 ;'/If0f sfod /xg] u/L b'O{ jf b'O{ eGbf a9L a}+s tyf ljQLo ;+:yfn] k|jfx u/]sf]ug]{ shf{
;fk6 tyf ;'ljwf eGg] ;Demg'k5{ .
;xljQLos/0fdf ;xeflutfsf] nflu cfjZos zt{
-!_ o; a}+saf6 ljQLo sf/f]af/ ug{ Ohfhtkqk|fKt ;+:yfx?n] dfq ;xljQLos/0fdf efu lng kfpg]
5g\ .
t/ sd{rf/L ;+rosf]if, gful/s nufgL sf]if / aLdf sDkgLnfO{ o; a}+saf6 ljQLo sf/f]af/ ug{
Ohfhtkqk|fKt ;+:yf cu'jf ;+:yf x'g] u/L u7g x'g] ;xljQLos/0f ;d'xdf ;xefuL e} shf{ k|jfx
ug{ of] Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
Financing)
bkmf
!=
@=
#=
:ki6Ls/0f: o; lgb]{zgsf] k|of]hgsf]nflu cu'jf ;+:yf eGgfn] ;xljQLos/0f ;d'xn] cu'jf ;+:yf egL
rog u/]sf] s'g} Ohfhtkqk|fKt ;+:yf ;Demg' k5{ .
-@_
$=
pka'Fbf -!_ sf] k|ltaGwfTds jfSof+zdf plNnlvt ;+:yf afx]ssf cGo ljQLo ;+:yfnfO{ ;x
ljQLos/0fdf ;xefuL u/fOPdf o; a}+snfO{ hfgsf/L u/fpg' kg]{5 .
cGo ;+:yfn] C0f k|jfx ug{ / u|fxssf] vftf vf]Ng aGb]h
-!_ ;xljQLos/0fdf ;xefuL gePsf] Ohfhtkqk|fKt ;+:yfn] ;xljQLos/0f ;d'xf/f k|jflxt shf{df
yk x'g] u/L s'g} klg k|sf/sf] shf{ ;fk6 tyf ;'ljwf k|jfx ug{ kfpg] 5}g .
t/, ljz]if sf/0f k/]df ;x-ljQLos/0f ;d'xsf] :jLs[lt lnO{ To:tf] ;d'xdf ;xefuL gePsf] s'g}]
Ohfhtkqk|fKt ;+:yfn] ;xljQLos/0f ;d'xf/f k|jflxt shf{df yk x'g] u/L s'g} klg k|sf/sf] shf{
;fk6 tyf ;'ljwf k|jfx ug{ kfpg]5 .
:ki6Ls/0f:- o; lgb]{zgsf] k|of]hgsf]nflu ;xljQLos/0f ;d'x eGgfn] ;xljQLos/0fdf ;xefuL

;+:yfx?sf] ;d'x ;Demg' k5{ .
191
-@_
%=
^=
&=
*=
;xljQLos/0fsf] Joj:yf cGtu{t shf{ ;fk6 tyf ;'ljwf lnPsf]] s'g} u|fxs, kmd{, sDkgL jf
kl/of]hgfsf] To:tf] shf{ ;fk6 tyf ;'ljwfsf] vftf ;xljQLos/0fdf ;xefuL ;b:o afx]ssf cGo
Ohfhtkqk|fKt ;+:yfdf vf]Ng kfOg] 5}g .
t/, To:tf] vftf ljz]if sf/0fj; cGo Ohfhtkqk|fKt ;+:yfdf vf]Ng' kg]{ kl/l:ylt k/]df ;x
ljQLos/0f ;d'xsf] :jLs[lt lnO{ vf]Ng ;lsg]5 .
shf{ ljt/0fsf] lg0f{o ug]{ ;dofjlw
shf{sf] nflu lgj]bg k/L ;xljQLos/0f ;d'x u7g eO{ cu'jf ;+:yfsf] rog ;d]t eO;s] kZrft\ gAa]
lbgleq ;xljQLos/0fdf ;xefuL x'g] cu'jf ;+:yf tyf ;xefuL ;b:ox?n] shf{ ;fk6 tyf ;'ljwf k|jfx
ug]{ jf gug]{ ;DaGwdf lg0f{o lbO;Sg' kg]{5 .
;xefuL Ohfhtkqk|fKt ;+:yfsf] rog
;xljQLos/0fdf ;xefuL x'g] cGo ;b:ox?sf] rog ug]{ clwsf/ C0fL / lghn] shf{ ;fk6 tyf ;'ljwfsf]
nflu lgj]bg lbPsf] Ohfhtkqk|fKt ;+:yfnfO{ x'g]5 .
t/, Psk6s ;xljQLos/0f ;d'x u7g eO{;s]kl5 ;f] ;d'xsf] ;xdlt lagf gofF ;b:onfO{ k|j]z u/fpg
kfOg] 5}g .
;xljQLos/0f ;d'xsf] u7g
a'Fbf g+= % adf]lhd rog ePsf ;Dk"0f{ Ohfhtkqk|fKt ;+:yfn] shf{ ;fk6 tyf ;'ljwf k|jfx ug{' cl3 ;x
ljQLos/0fdf ;xefuL x'g] Ohfhtkqk|fKt ;+:yfx?sf] ;xljQLos/0f ;d'x u7g ug'{ kg]{5 . ;f] ;d'xsf]
cfGtl/s sfo{ljlw ;d'x :jo+n] lgwf{/0f u/] adf]lhd x'g]5 .
cu'jf ;+:yfsf] rog
;a}eGbf a9L shf{ ;fk6 tyf ;'ljwfsf] c+z nufgL ug{ OR5's, u|fxs;Fu nfdf] cjlwb]lv kl/lrt, ;x
ljQLos/0fdf cg'ej k|fKt tyf Jofj;flos ;Nnfx lbg] ;Ifdtf cflbsf] cfwf/df ;xljQLos/0f ;d'xsf
;b:on] cfkm"dWo]af6 s'g} Ps Ohfhtkqk|fKt ;+:yfnfO{ cu'jf ;+:yfsf] ?kdf rog ug'{ kg]{5 .
shf{ ljt/0f tyf c;'nL cu'jf ;+:yfaf6 ug'{ kg]{

;xljQLos/0f cGtu{t shf{ ;fk6 tyf ;'ljwf k|jfx ubf{ / ;f]sf] ;fFjf / Aofh c;'nL ubf{ cu'jf ;+:yf
dfkm{t\ ug'{ kg]{5 . ls:tf ;fFjf tyf Aofh cfFlzs ?kdf c;'nL ePsf] cj:yfdf nufgLsf] cg'kftdf
bfdf;fxLn] jfF8kmfF8 ug'{ kg]{5 .
!)= cu'jf ;+:yfsf] sfd, st{Jo / clwsf/
cu'jf ;+:yfsf] sfd, st{Jo / clwsf/ b]xfo adf]lhd x'g]5 M
-s_ ;xljQLos/0fdf ;xefuL ;b:ox?sf] cu'jf tyf k|ltlglw -Ph]G6_ sf] ?kdf sfd ug]{,
-v_ ;xljQLos/0fdf ;xefuL ;b:ox?sf aLrdf ;dGjo ug]{ / cfjZos kqfrf/ ug]{,
-u_ ;xljQLos/0f ;d'xsf] a}7s sDtLdf ltg dlxgfdf Ps k6s clgjfo{ ?kdf af]nfpg],
-3_ s'g} ljz]if sf/0f k/L ;xljQLos/0f ;d'xsf] s'g} ;b:on]] ;d'xsf] a}7s af]nfpg dfu u/]df kGw|
lbgleq a}7s af]nfpg],
-_ kl/of]hgf ljZn]if0f ug{], k|ltj]bg tof/ ug]{ / ;f] k|ltj]bgsf] k|lt ;xljQLos/0fdf ;xefuL
;b:ox?nfO{ pknAw u/fpg],
-r_ kl/of]hgfsf] nflu cNksfnLg shf{ dfu ePdf ;f]sf] cfjZostfsf] ljZn]if0f ug]{,
-5_ ;xljQLos/0fdf ;xefuL ;b:ox?sf] ;xdltsf cfwf/df ;xljQLos/0f ;DaGwL ;+emf}tfsf zt{x?
tof/ ug]{ / To:tf zt{x?sf] PsPs k|lt ;a} ;xefuL ;b:ox?nfO{ pknAw u/fpg],
-h_ shf{ ;fk6 tyf ;'ljwf k|jfx ug{sf nflu cfjZos sfuhft tof/ kfg]{,
-em_ lwtf] /f]Ssf /fVg] Joj:yf ldnfpg] tyf aLdf nufotsf nufgL ;'/lIft ug]{ ;DaGwL ;Dk"0f{ sfo{x?
ug]{ ,
(=
192
-`_ shf{ ;fk6 tyf ;'ljwf ;'/If0f ;DaGwL ;Dk"0f{ sfuhftx? ;'/lIft /fVg] / To:tf sfuhftx?sf]
k|ltlnkL ;a} ;xefuL ;b:ox?nfO{ pknAw u/fpg],
-6_ ;do;dodf C0fLaf6 cfjZos tYof tyf cGo ;'rgfx? k|fKt ug]{ / ;f] ;'rgfx? ;a} ;xefuL
;b:ox?nfO{ pknAw u/fpg],
-7_ ;do ;dodf ;xefuL ;b:ox?sf] ;xeflutfdf kl/of]hgfsf] :ynut lg/LIf0f ug]{ / lg/LIf0f
k|ltj]bg tof/ ug]{ tyf ;f] k|ltj]bgsf] k|ltlnkL ;a} ;xefuL ;b:ox?nfO{ pknAw u/fpg]],
-8_ shf{ ;fk6 tyf ;'ljwf k|jfx ul/Psf] kl/of]hgfsf] ;do ;dodf sfo{;Dkfbgsf] d"Nofg u/L ;f]sf]
hfgsf/L ;a} ;b:ox?nfO{ u/fpg],
-9_ ;xljQLos/0f ;DaGwL o; a}+sdf k7fpg' kg]{ ;Dk"0f{ ;'rgfx? k7fpg], ;xljQLos/0fsf af/]df
cu'jf ;+:yfsf] ?kdf / cGo ;xefuL ;b:ox?sf] tk{maf6 ;d]t o; a}+sdf cfjZos kqfrf/ ug]{ /
;f]sf] hfgsf/L ;a} ;xefuL ;b:ox?nfO{ lbg],
-0f_ C0f gltg]{ C0fL pk/ s'g} lsl;dsf] sfg'gL sf/jfxL cufl8 a9fpg' kg]{ cj:yf cfPdf ;x
ljQLos/0f ;d'xsf]] a}7saf6 ;f]sf] lg0f{o u/fO{ cfjZos sfg'gL sf/jfxL cufl8 a9fpg],
-t_ cfgf] e'ldsf lgjf{x u/]afkt C0fL ;d]tsf] ;xdltdf ;xljQLos/0f ;d'xn] lg0f{o u/] adf]lhd
;]jf z'Ns lng ;Sg],
-y_ ;xljQLos/0f cGtu{t nufgL ug{ sa'n u/]sf] /sd s'g} ;b:oaf6 ljt/0f ug{ l9nfO{ e} ;f] /sd
;xefuL ;b:osf] tk{maf6 cu'jf ;+:yfn] cfgf] k|ltu|fxs shf{ ;Ldfleq /xL k|jfx u/]df ;fFjf /sd
/ l9nfO{ u/]hlt cjlwsf] Aofh tyf ;xljQLos/0f ;d'x aLrsf] ;xdltdf lgwf{/0f ul/P adf]lhd
xhf{gf ;d]t l9nfO{ ug]{ ;xefuL ;b:oaf6 c;'npk/ ug{;Sg],
-b_ ;xljQLos/0fsf] Joj:yf ldnfpFbf x'g] ljleGg vr{ nufot C0f gltg]{ C0fL pk/ sfg'gL sf/jfxL
cufl8 a9fpFbf x'g] vr{ C0fLaf6 c;'n x'g g;s]df ;a} ;xefuL ;b:ox?af6 nufgL ul/Psf] shf{
/sdsf] cg'kftdf c;'npk/ ug{ ;Sg],
-w_ shf{ ;fk6 tyf ;'ljwf k|bfg ug'{ cl3 shf{ ;'rgf s]Gb|af6 C0fLsf ;DaGwdf cfjZos ;'rgf
lng'kg]{ / o;/L ;'rgf lnFbf To:tf] C0fL sfnf] ;"rLdf k/]sf] jf lghn] s'g} shf{ oyf;dodf r'Qmf
gu/]sf] ePdf shf{ k|jfx ug{ gkfOg],
-g_ ;xljQLos/0f ;DaGwL ;Demf}tfdf pNn]v eP adf]lhd C0fLnfO{ oyf;dodf shf{ ;fk6 tyf ;'ljwf
pknAw u/fpg] .
-k_ o; a}+ssf] lgb]{zgsf] clwgdf /xL ;xljQLos/0f ;d'xsf] a}7ssf] lg0f{ofg';f/ cGo cfjZos sfd
sf/jfxL ug]{,
!!= ax'dtsf] lg0f{o dfGo x'g]
;xljQLos/0fdf ;xefuL ;b:ox?sf aLr s'g} ljifodf dt}Sotf x'g g;s]df ax'dtaf6 lg0f{o lng' kg]{5
/ To:tf] dtsf] u0fgf ubf{ shf{ nufgLsf] k|ltztsf] cfwf/df ug'{ kg]{5 . sy+sbflrt dt a/fa/ ePdf
cu'jf ;+:yfn] lg0ff{os dt lbg kfpg] 5 .
!@= ;xljQLos/0fdf ;xefuL ;b:ox?sf] bfloTj tyf st{Jo
;xefuL ;b:ox?sf] bfloTj tyf st{Jo b]xfo adf]lhd x'g]5 M
-s_ cu'jf ;+:yfnfO{ cfgf] tk{maf6 ;xljQLos/0f ;DaGwL sfdsf/jfxL ug]{ :jLs[lt kq -d~h'/Lgfdf_ lbg],
-v_ cu'jf ;+:yfnfO{ cfgf] e'ldsf lgjf{x ug{ cfjZos kg]{ ;Dk"0f{ ;xof]u pknAw u/fpg],
-u_ ;xljQLos/0f ;DaGwL a}7sdf ;qmLo?kn] efu lng],
-3_ ;xljQLos/0f ;d'xsf] a}7saf6 cf}krfl/s ?kdf shf{, ;fk6 tyf ;'ljwf lbg] lg0f{o eO{ ;s]kl5
;xljQLos/0f ;DaGwL ;+emf}tfsf zt{x?df plNnlvt ;Dk"0f{ zt{x?sf] kfngf ug]{,
-_ ;xljQLos/0fsf] efjgfnfO{ sb/ u/L oyf;So ;a} lg0f{ox?df dt}So x'g] u/L cfk;L ljjfbx?
;dfwfg ug{ k|of; ug]{,
-r_ s'g} Ps ;b:on] csf]{ ;b:osf] clxt x'g] u/L cfgf] :jfy{ k"lt{ x'g] s'g} sfd sf/jfxL gug]{],
193
!#=
!$=
!%=
!^=
!&=
-5_ cfk"mn] k|jfx ug]{ shf{ :jLs[t u/]kl5 cu'jf ;+:yfnfO{ hfgsf/L u/fO{ oyf;dodf ;f] /sd pknAw
u/fpg],
-h_ ;xljQLos/0f ;DaGwL ;a} sfd sf/jfxL kf/bzL{?kdf u/L shf{ / C0fL;Fu ;DalGwt s'g} klg
;'rgf Ps cfk;df cfbfgk|bfg ug]{,
-em_ ;xljQLos/0f ;d'xsf] a}7sn] u/]sf] lg0f{osf] sfof{Gjog oyflz3| ug]{,
-`_ s'g} klg ;b:on] s'g} kl/of]hgfdf tf]lsPsf] ;LdfeGbf a9L /sd nufgL ug{, PstkmL{ ?kdf shf{
c;'nL ;DaGwL sfd sf/jfxL ug{ / ;f] shf{sf] leGg lsl;dn] jlu{s/0f ug{ gkfpg],
-6_ ;xljQLos/0f ;DaGwL ;Demf}tfdf pNn]v eP adf]lhd C0fLnfO{ oyf;do shf{ ;fk6 tyf ;'ljwf
pknAw u/fpg' kg]{ .
yk shf{ ;DaGwL Joj:yf
;xljQLos/0f cGtu{t k|jflxt shf{df s'g} C0fLnfO{ yk shf{ k|bfg ug'{ k/]df b]xfosf cfwf/df ug'{ kg]{5 M
-s_ C0fLsf] cfjZostfsf] ljZn]if0f u/L ;xljQLos/0f ;d'xn] dfq yk shf{ ;fk6 tyf ;'ljwfsf /sd
k|bfg ug]{ ;DaGwdf lg0f{o ug{ ;Sg] . o;/L k|bfg ug{ lg0f{o ePsf] yk shf{ /sd ;a} ;b:ox?n]
cfcfkm"n] k'j{ k|jfx u/]sf] /sdsf] cg'kftdf k|bfg ug'{ kg]{ .
-v_ v08 -s_ adf]lhd yk shf{ k|bfg ug]{ lg0f{o eP kZrft\ s'g} ;xefuL ;b:on] cfkm"n] k|jfx ug'{ kg]{]
yk /sd k|jfx ug{ c;dy{tf hgfPdf afFsL ;b:ox? Jff afFsL ;b:ox?sf] ;xdltaf6 cGo s'g}
;b:on] To:tf] afFsL /sd ;d]t k|jfx ug{ ;Sg] jf yk nufgLsf nflu ;xljQLos/0f ;d'xsf]]
;xdltdf C0fLsf] ;d]t ;xdlt lnO{ gofF ;b:onfO{ ;dfj]z ug{ ;lsg] .
-u_ C0fLnfO{ yk shf{ jf ;'ljwfsf] cfjZostf k/]sf] cj:yfdf ;xljQLos/0fdf ;+nUg ;+:yfx?n] shf{
jf ;'ljwf k|bfg ug{ g;Sg] cj:yf k/]df ;f] sf] lnlvt hfgsf/L C0fLnfO{ lbg' kg]{5 .
;xljQLos/0faf6 x6\g ;Sg] cj:yf
-!_ kl/of]hgf ;~rfngdf cfO;s]kl5 b]xfosf] cj:yfdf dfq ;xljQLos/0f ;d'x 5f]8\g ;lsg] 5 M
-s_ ;xljQLos/0f ;d'x 5f]8\g OR5's ;b:osf] lx:;f cGo ;b:on] lng d~h'/ u/]df,jf
-v_ laBdfg ;b:ox?sf] ;xdltdf gofF ;b:onfO{ cfgf] lx:;f laqmL u/]df .
-@_ ;xljQLos/0f ;d'x 5f]8\g] ;b:osf] lx:;f :jLsf/ ug]{ s'g} klg ;b:on] k'/fgf] ;b:osf] ;Dk"0f{
bfloTj jxg ug'{kg]{5 . ;xljQLos/0f 5f]8\g rfxg] ;b:on] cfgf] lx:;f l8:sfp06 jf lk|ldoddf
;d]t laqmL ug{ ;Sg]5 .
-#_ pka'Fbf -!_ df h'g;'s} s'/f n]lvPsf] eP tfklg ;xljQLos/0f ;d'xdf k|j]z ul/;s]kl5 s'g} klg
;b:on] ;DalGwt kl/of]hgf ;~rfngdf cfpg' k'j{ ;f] ;d'xaf6 x6\g kfpg] 5}g .
n]vfkl/Ifs jf k/fdz{bftf lgol'Qm ug{ ;Sg]
C0fLsf] ljQLo l:ylt ;do;dodf d"Nofg ug{ cfjZos b]lvPdf ;xljQLos/0f ;d'xn] cfgf] tk{maf6
:jtGq n]vfkl/Ifs jf k/fdz{bftf lgo'Qm ug{ ;Sg]5 . o;/L lgo'Qm n]vfkl/Ifs jf k/fdz{bftfsf] vr{
cfkm"n] k|jfx u/]sf] shf{ nufgLsf] cg'kftdf ;xljQLos/0f ;d'xsf k|To]s ;b:on] Joxf]g'{ kg]{5 .
;xljQLos/0f ;DaGwdf k7fpg' kg]{ ljj/0f
cu'jf ;+:yfn] lgb]{zg kmf=g+= !!=! adf]lhd ;xljQLos/0f ;DaGwL k|To]s cfly{s jif{sf] c;f]h, k'; , r}t
/ c;f/ d;fGtsf] ljj/0f qodf; ;dfKt ePsf] ldltn] tL; lbgleq o; a}+ssf] a}+s tyf ljQLo ;+:yf
lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf clgjfo{ ?kdf k7fpg' kg]{5 .
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&!sf] ;xljQLos/0f shf{ ;+jGwL Joj:yf O=k|f= lgb]{zg g+= !!)&! af6 hf/L
;Dk"0f{ kl/kqx? .
194
-@_
g]= /f= a}+s lgb]{zg kmf=g+= !!=!

======================= lnld6]8 -cu'jf a}+s_
;xljQLos/0f shf{ ljj/0f
@)&======== ;fn ===================== dlxgfsf] -q}dfl;s ljj/0f_
l;= ;d'xsf] gfd C0fLsf]
g+=
gfd,
7]ufgf
k|bfg u/]sf] shf{

/sd ldlt
e'StfgL yk shf{ k|bfg

ldlt
/sd ldlt
;+nUg a}+s tyf ljQLo ;+:yfsf] ljj/0f s}lkmot dxndf pNn]v ug'{ kg]{5 .
195
c;'nL /sd afFsL /sd

s}lkmot
;fFjf Aofh ;fFjf Aofh
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !@)&@
shf{ ;'rgf tyf sfnf];'rL ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfx?sf] shf{ k|jfxdf z'4tf / pko'Qmtf sfod ug]{
k|of]hgsf] nflu ;f] ;DaGwL ;'rgf Joj:yf / oyf;dodf shf{ gltg]{ C0fLx?sf] sfnf];"rL tof/ ug]{ sfo{nfO{
lgoldt tyf Jojl:yt u/L Pp6} :yfgaf6 ;'rgf k|fKt x'g] Joj:yf ug{ jf~5gLo ePsfn] g]kfn /fi6 a}+s P]g,
@)%* sf] bkmf ** sf] k|of]hgsf] nflu ;f]xL P]gsf] bkmf &( / g]kfn /fi6 a}+s shf{ ;'rgf ljlgodfjnL, @)%(
sf] ljlgod & n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
1.
shf{ ;'rgf s]Gb| ;DaGwL Joj:yf
sDkgL P]g, @)^# cGtu{t ;+:yfkgf eO{ ;~rfngdf /x]sf] shf{ ;'rgf s]Gb| ln= nfO{ g} g]kfn /fi6 a}+s
P]g, @)%* sf] bkmf ** / g]kfn /fi6 a}+s shf{ ;'rgf ljlgodfjnL, @)%( sf] ljlgod # adf]lhdsf] shf{
;'rgf s]Gb| -o;kl5 s]Gb| elgPsf]_ tf]lsPsf] 5 .
2.
s]Gb|df C0fL -u|fxs_ ;DaGwL ljj/0f k7fpg' kg]{
@=! Ohfhtkqk|fKt ;+:yfn] s]Gb|df b]xfo cg';f/sf] shf{ ;DaGwL ljj/0f -s=;"=kmf=g+= ! / @_ dlxgf
e'Stfg ePsf] !% lbgleq k7fpg' kg]{5M
-s_ cfkm"n] :jLs[t u/]sf] bz nfv ?k}ofF jf ;f] eGbf a9Lsf] shf{;'ljwf .
-v_ () lbg eGbf a9Ln] efvf gf3]sf bz nfv ?k}ofF jf ;f] eGbf a9Lsf] shf{;'ljwf .
@=@ pko'{St ljj/0f tTkZrft\ k|To]s cfly{s jif{sf] qodf; ;dfKt ePsf] ldltn] !% lbgleq shf{ r'Qmf
geP;Dd s]Gb|df k7fpg' kg]{5 . o;/L s]Gb|df k7fPsf] ljj/0fdf kl5 s'g} kl/jt{g ePdf jf shf{
r'Qmf ePdf, efvf gf3]sf] shf{ lgoldt ePdf jf efvf ldlt yk jf k'g/tflnsLs/0f ePdf ;f] sf]
hfgsf/L ;d]t !% lbgleq clgjfo{ ?kdf s]Gb|nfO{ pknAw u/fpg' kg]{5 .
@=# s]Gb|Lo tyf If]qLo sfof{nox?n] ljj/0f k7fpg' kg]{M
s'g} C0fLn] Pp6} Ohfhtkqk|fKt ;+:yfsf] ljleGg zfvfsfof{nox?af6 lnPsf] jf :jLs[lt ePsf]
shf{;'ljwf bz nfv ?k}ofF eGbf sd ePtf klg To:tf] u|fxsn] pkef]u u/]sf] shf{ ;'ljwfsf] of]u
/sd bz nfv ?k}ofF jf ;f]eGbf a9L x'g] ePdf pQm ;+:yfn] s=;"=kmf=g+= ! / @ cg';f/sf] ljj/0f
x/]s qodf; ;dfKt ePsf] ldltn] kGw| lbgleq shf{ ;'rgf s]Gb|df k7fpg' kg]{5 .
@=$ u|fxssf] ljj/0f lng' kg]{
Ohfhtkqk|fKt ;+:yfdf s'g} JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ b; nfv ?k}ofF jf ;f]eGbf
a9Lsf] shf{;'ljwfsf] nflu cfj]bg k/]df shf{ ljZn]if0fsf] nflu u|fxsC0fLsf] b]xfo adf]lhdsf]
ljj/0f lng' kg]{5 M
-s_ JolQmut C0fL tyf hdfgt lbg] JolQmsf] xsdf lghsf] gful/stfsf] k|ltlnkL, :yfoL tyf
c:yfoL 7]ufgf, lghsf] tLgk':t] / Psf3/ kl/jf/sf ;b:ox?sf]] ljj/0f .
-v_ k|f]k|fO{6/l;k;fem]bf/L kmd{sf] xsdf v08 -s_ df pNn]v eP cg'?ksf] k|f]k|fO6/
;fem]bf/x?sf] ljj/0f / kmd{sf] tk{maf6 sf/f]af/ ug{ clVtof/k|fKt JolQmsf] gfd, y/, 7]ufgf,
;fem]bf/L ;Demf}tfsf] k|ltlnkL / ;f] ;DaGwL lg0f{o .
196
3.
$=
%=
-u_ k|fOe]6 sDkgLsf] xsdf ;~rfns / ;f] sDkgLsf !% k|ltzt jf ;f] eGbf a9L ;]o/ :jfldTj
ePsf ;]o/wgLx?sf] v08 -s_ df pNn]v eP cg'?ksf ljj/0f / sDkgLsf] tk{maf6 sf/f]af/
ug]{ clVtof/k|fKt JolQmsf] gfd, y/, 7]ufgf / ;f] ;DaGwL lg0f{o .
-3_ klAns sDkgLsf] xsdf ;~rfnsx? / ;f] sDkgLsf !% k|ltzt jf ;f] eGbf a9L ;]o/
:jfldTj ePsf ;]o/wgLx?sf] v08 -s_ df pNn]v eP cg'?ksf ljj/0f, sDkgLsf] tk{maf6
sf/f]af/ ug]{ clVtof/k|fKt JolQmsf] gfd, y/, 7]ufgf / ;f] ;DaGwL lg0f{o .
-_ lwtf] d"Nofgstf{sf] gfd, y/, 7]ufgf / Ohfhtkq .
clgjfo{ ?kdf shf{ ;'rgf lng' kg]{
!_ Ohfhtkqk|fKt ;+:yfn] bz nfv ?k}ofF jf ;f]eGbf a9Lsf] shf{ k|jfx ug{, k'/fgf] shf{ gjLs/0f ug{,
k'g/;+/rgf jf k'g/tflnsLs/0f ug{' cufj} C0fLu|fxssf] af/]df s]Gb|af6 clgjfo{ ?kdf shf{ ;'rgf
lng' kg]{5 . o;/L shf{ ;'rgf dfu ePdf s]Gb|n] a9Ldf # -ltg_ sfo{ lbgleqdf To:tf] ;'rgf lbg'
kg]{5 .
@_ s'g} u|fxsC0fLnfO{ shf{;'ljwf k|bfg ubf{ s]Gb|af6 pkbkmf -!_ adf]lhd shf{ ;'rgf k|fKt u/L
;s]kl5 cGo lgsfoaf6 ;'rgf lng clgjfo{ x'g] 5}g .
#_ o; v08 adf]lhd s]Gb|af6 lnOPsf] shf{ ;'rgf afkt Ohfhtkqk|fKt ;+:yfn] s]Gb|n] tf]s]sf] shf{
;'rgf ;]jf z'Ns s]Gb|nfO{ a'emfpg' kg]{5 .
sfnf];"rLdf ;dfj]z ug]{ k|lqmof
-!_ Ohfhtkqk|fKt ;+:yfn] bz nfv ?k}of jf ;f]eGbf a9Lsf] shf{ /sd sfnf];"rL ;DaGwL Joj:yf
cGtu{t sfnf];"rLdf /fVg l;kmfl/; ug'{ kg]{5 . o; Joj:Yff cg';f/ Ohfhtkqk|fKt ;+:yfaf6
hlt;'s} kl/df0fsf] shf{, ;fk6 tyf ;'ljwf /sd lnO{ gltg]{ C0fLx?nfO{ sfnf];"rLdf /fVg ;DalGwt
Ohfhtkqk|fKt ;+:yfn] shf{ ;'rgf s]Gb|nfO{ l;kmfl/; ug{ afwf k'u]sf] dflgg] 5}g .
-@_ o;/L sfnf];"rLdf ;dfj]z ug{ ;DalGwt a}+saf6 l;kmfl/; k|fKt ePkl5 ;f] gfdfjnLnfO{ kfFr
lbgleq sfnf];"rLdf /fVg' kg]{5 / sfnf];"rLaf6 gfd x6fpg] ;DaGwL sf/jfxL ljBdfg gLltut tyf
k|lqmofut Joj:yf adf]lhd g} x'g]5 .
#= o;/L sfnf];"rLdf ;dfj]z ug{ ;DalGwt Ohfhtkqk|fKt ;+:yfaf6 l;kmfl/; gfdfjnLnfO{ shf{ ;'rgf
s]Gb|n] gfdgfd];L olsg u/L kfFr lbgleq sfnf];"rLdf /fVg' kg]{5 .
C0fLx?sf] jlu{s/0f
Ohfhtkqk|fKt ;+:yfjf6 C0f lnO{ gltg]{ C0fLx?nfO{ b]xfo adf]lhd jlu{s/0f ug'{ kg]{]5 M
%=! lgotk'j{s C0f gltg]{ C0fLx? (Willful Defaulters):

s_ e'QmfgLsf] efvf gf3]sf] ! jif{;Dd klg a}+ssf] ;Dks{df gcfPsf, C0f glt/L a]kQf ePsf jf efu]sf,
C0fsf] k'g/;+/rgf / k'g/tflnsLs/0f ;d]tsf] k|lqmof z'? gu/]sf / e'QmfgLsf] k|lta4tf hfx]/
gu/]sf .
v_ ;+:yfsf] shf{ aSof}tf /fkm;fkm ug{ lwtf] laqmL ug{ ;lsg] cj:yf x'Fbfx'Fb} klg laqmL ug{ gvf]Hg] jf
glbg] cj:Yff l;h{gf ug]{ .
u_ PseGbf a9L Joj;fo ;~rfng u/L cflh{t k|ltkmn tyf cfkm";Fu ePsf] cGo ;DklQ C0f ltg{df
k|of]u gug]{ .
3_ ;+:yfaf6 h'g kl/of]hgfsf] nflu C0f lnPsf] xf] pQm C0f To;df k|of]u gu/L cGo p2]Zodf k|of]u
ug]{ (Diversion of Fund), Joj;foaf6 cflh{t /sd C0f ltg{df gnufO{ cGo sfo{df k|of]u ug]{
(Siphoning off), cGo ;DklQ l;h{Gff ug]{, cNksfnLg shf{af6 bL3{sfnLg pkof]u ug]{ tyf ;Demf}tf
ljkl/t sDkgLaf6 ;xfos sDkgL jf cGo kmd{sDkgLdf ;fwg k|jfx ug]{ .
_ cfgf] lgoGq0fdf /x]sf] kl/of]hgf jf Joj;fodf cGo JolQm jf t]>f] kIf h:t}M sfdbf/, sd{rf/L
cflbsf] gfd pkof]u u/L cfgf] ;+nUgtf /x]sf] gb]vfpg] dg;fo /fvL C0f lnPsf .
r_ shf{sf] efvf gf3]kl5 ;+:yfn] dfu]sf] avt cGo yk ;'/If0f jf JolQmut hdfgL glbg] .
197
5_ lwtf] jf Joj;fosf] ;Gbe{df hfgLa'emL em'7f] ljj/0f k|bfg ug]{ .

h_ C0f;Fu ;DalGwt lwtf] lxgfldgf u/]sf] kfO{Pdf .
em_ C0f k|bfg ug]{ ;+:yfsf sd{rf/L;FunfO{ ldnLdtf] u/L, b'?T;flxt u/L jf cGo u}/sfg'gL n]gb]g u/L
C0f lnPsf / gltg{sf nflu cjfl~5t bjfj lbg] .
`_ kl/of]hgfsf] ljQLo, k|fljlws, Joj:yfksLo tyf dfu, cfk"lt{ jf ahf/kIfsf] unt ljZn]if0f u/L
k'FhLsf] nfut c:jfefljs ?kn] j[l4 (Overcapitalization) ug]{ nufgLstf{ .
%=@ kl/l:yltjzM C0f gltg]{ C0fLx? (Non-willful Defaulters):
s_ C0f ltg]{ dg;fo x'Fbfx'Fb} klg sfa' aflx/sf] kl/l:ylt -G cflbsf sf/0f b]zdf pTkGg c;xh
cfly{s, Jofkfl/s tyf cf}Bf]lus cj:yf jf k|lts'n afx\o cj:yf_ sf sf/0f Joj;fo 3f6fdf uO{ jf
;d:ofu|:t agL C0f ltg{ g;s]sf .
v_ Dofbleq C0f ltg{ g;s]klg cfkm"n] C0f lnPsf] ;+:yfsf] ;Dks{df cfO{ shf{ k'g/;+/rgf jf
k'g/tflnsLs/0fsf] k|lqmof k'/f u/L ;+:yfnfO{ dfGo x'g] tj/af6 e'QmfgLsf] k|lta4tf hfx]/ u/]sf .
^= sfnf];"rLdf ;dfj]z ePsf C0fLnfO{ Ohfhtkqk|fKt ;+:yfaf6 shf{ k|bfg ug{df aGb]h
o; lgb]{zg adf]lhd sfnf];"rLdf ;dfj]z ePsf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ Ohfhtkqk|fKt
;+:yfn] s'g} klg gofF shf{;'ljwf k|bfg ug{, shf{;'ljwf gjLs/0f ug{, yk shf{;'ljwf k|bfg ug{,
ls:tfjGbLdf k|bfg ePsf] shf{sf] afFsL ls:tf k|bfg ug{ jf hdfgt :jLsf/ ug{ ;d]t kfpg] 5}gg\ .
t/,
s_ sfod /x]sf] afFsL shf{nfO{ o; a}+ssf] lgb]{zgsf] kl/lwleq /xL k'g/tflnsLs/0f / k'g/;+/rgf ug{ eg]
afwf k'Ug] 5}g . To:t}, sfnf] ;"rLdf ;dfj]z ePsf C0fLsf] ;d'x;Fu ;DalGwt JolQm, kmd{, sDkgL jf
;+ul7t ;+:yfx?dWo] lgoldt ?kdf shf{sf] ;fFjf tyf Aofh r'Qmf ug]{ JolQm, kmd{, sDkgL jf ;+ul7t
;+:yfx?sf] xsdf a9Ldf 5 dlxgf;Dd of] aGb]h nfu" x'g] 5}g . To:tf C0fLnfO{ ;DalGwt Ohfhtkqk|fKt
;+:yfsf] ;~rfns ;ldltn] C0fLsf] dfu pko'Qm b]v]df csf]{ 5 dlxgfsf] Dofb yk lbg ;Sg]5 .
sfnf];"rLdf ;dfj]z ePsf C0fLsf] ;d'x;Fu ;DalGwt JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfx?dWo]
tf]lsPsf] efvfdf shf{sf] ;fFjf tyf Aofhsf] e'QmfgL gu/L efvf g3fpg] JolQm, kmd{, sDkgL jf ;+ul7t
;+:yfn] To:tf] shf{nfO{ a9Ldf 5 dlxgfleq jf ;~rfns ;ldltn] lbPsf] yk Dofbleq lgoldt u/fO
;Sg' kg]{5 . cGoyf To:tf] C0fLsf] ;d'x;Fu ;DalGwt JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfdWo] lgoldt
?kdf shf{sf] ;fFjf tyf Aofh r'Qmf ug]{ JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ ;d]t gofF jf yk shf{
k|bfg ug{, gjLs/0f ug{ jf shf{sf] afFsL ls:tf k|bfg ug{ ;d]t kfOg] 5}g .
v_ qm]l868]lj6 sf8{ cGtu{t x'g] sf/f]af/sf] xsdf ;DalGwt JolQm sfnf];"rLsf] bfo/fdf cfpg' cl3 g}
hf/L ePsf] qm]l868]lj6 sf8{sf] nflu To:tf] qm]l868]lj6 sf8{sf] Dofbleq u|fxsn] vr{ u/]sf] /sd
Ohfhtkqk|fKt ;+:Yffn] e'QmfgL ug{ afwf kg]{ 5}g .
u_ sfnf];"rLdf k/]sf JolQmx?;Fu ;DalGwt kl/jf/sf ;b:ox?nfO{ s'g} Ohfhtkqk|fKt ;+:yfn] shf{
k|bfg ug{ rfx]df ;~rfns ;ldltn] u/]sf] lg0f{o cg';f/ shf{ k|bfg ug{ ;Sg]5 . o;/L k|bfg
ul/Psf] shf{sf] xsdf k|rlnt Joj:yfsf] bf]Aa/ shf{ gf]S;fgL Joj:yf ug'{ kg]{5 . t/ ;Dk"0f{
shf{x?sf] xsdf ztk|ltzteGbf a9L shf{ gf]S;fgL Joj:yf sfod ug'{ kg]{5}g .
&= lwtf] d"Nofgstf{ ;DaGwL ljz]if Joj:yf
-!_ s'g} Ohfhtkqk|fKt ;+:yfn] lwtf] lnnfdL ubf{ lwtf] d"Nofgstf{n] d"Nofg u/]sf] /sd k'g/d"Nofg
ubf{ b'O{ ltxfO{ eGbf sd ePdf jf unt :yfgk|s[ltsf] lwtf]nfO{ ;xL xf] egL d"Nofg u/]df To:tf
lwtf] d"Nofgstf{nfO{ Ohfhtkqk|fKt ;+:yfsf] l;kmfl/zdf s]Gb|n] sfnf] ;"rLdf ;dfj]z ug{' kg]{5 .
-@_ s'g} Ohfhtkqk|fKt ;+:yfn] lwtf] lnnfd ubf{ ;f] lwtf]sf] d"Nofg /sdsf] b'O{ ltxfO{ eGbf sd /sd dfq
p7\g'df To:tf] d"Nofgstf{sf] sfa' aflx/sf] cj:yf k/L lghsf] bf]if gb]lvPsf] eGg] ;DalGwt
Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltnfO{ nfu]df To:tf]] d"Nofgd"Nofgstf{nfO{ sfnf];"rLdf g/fVg]
lg0f{o ug{ ;Sg]5 .
-#_ h'g shf{sf] lwtf] d"Nofg ul/Psf] xf] ;f] shf{sf] C0fL sfnf];"rLaf6 x6]df To:tf] lwtf] d"Nofg ug]{
d"Nofgstf{nfO{ klg ;DalGwt a}s jf ljQLo ;+:yfn] sfnf];"rLaf6 x6fpg' kg]{5 .
198
-$_ Ohfhtkqk|fKt ;+:yfn] s]Gb|af6 sfnf];"rLdf /x]g/x]sf] ;'rgf lnO{ lwtf] d"Nofgstf{sf] ;"rL sfod
ug'{ kg]{5 .
*= n]vfkl/Ifs ;DaGwL ljz]if Joj:yf
C0fLsf] Joj;fo tyf kl/of]hgfsf] n]vfk/LIf0f ug]{ n]vfkl/Ifsn] jf;nft, gfkmf gf]S;fg lx;fj, gub k|jfx
ljj/0f tyf cGo ljQLo ljj/0fx? k|dfl0ft ug]{ qmddf em'7f ljQLo ljj/0f k|dfl0ft ug]{ n]vfkl/IfsnfO{ sfg'g
adf]lhd sf/jfxL ug{ a}+s tyf ljQLo ;+:yfx?n] g]kfn rf6{8{ Psfp06]06 ;+:yfnfO{ l;kmfl/z ug'{kg]{5 .
(= /fxbfgL hkmt ug{ l;kmfl/z ug]{
sfnf];"rLdf k/]sf JolQmx?sf] gofF /fxbfgL hf/L gug{ tyf eO{/x]sf] /fxbfgL hkmt ug{ Ohfhtkqk|fKt
;+:yfn] g]kfn /fi6 a}+s dfkm{t g]kfn ;/sf/nfO{ l;kmfl/z ug{ ;Sg]5 . /fxbfgL hkmt ePsf JolQmx?n]
a}+s tyf ljQLo ;+:yfx?df ;Dks{ /fvL ;+:yfnfO{ dfGo x'g] lsl;dn] cfkm"n] lnPsf] shf{ k'g/;+/rgf jf
k'g/tflnsLs/0f u/]df To:tf JolQmx?sf] hkmt ePsf] /fxbfgL lkmtf{ ug{ k'gM l;kmfl/; ug'{ kg]{5 .
!)= sfnf];"rL ;DaGwL Joj:yf
!)=! sfnf];"rLdf ;dfj]z x'g] cj:yfx?
Ohfhtkqk|fKt ;+:yfx?af6 bz nfv ?k}ofF jf ;f]eGbf a9Lsf] shf{;'ljwf lnPsf C0fLx? jf JolQmnfO{
b]xfosf s'g} Ps jf ;a} cj:yfdf sfnf];"rLdf /fVg' kg]{5M
-s_ shf{sf] ;fFjf jf ;fFjfsf] s'g} ls:tf jf Aofhsf] e'QmfgL ldlt Ps jif{ gf3]df -s'g} C0fLn] pkof]u
ul//x]sf] ljleGg shf{;'ljwfdWo] s'g} Pp6f dfq shf{sf] e'QmfgL ldlt gf3]df klg_,
t/, ;DalGwt Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltn] cj:yf / cf}lrTo x]/L a9Ldf ltg
dlxgf;Dd yk ;do k|bfg ug{ ;Sg]5 .
-v_ shf{ tyf ;'ljwfsf] b'?kof]u u/]sf] k|dfl0ft ePdf,
o; k|of]hgsf] nflu b'?kof]u eGgfn] k|of]hg v'nfO{ lnPsf] shf{ /sd ;DalGwt k|of]hgdf k|of]u
gu/]sf], kl/of]hgf ;~rfngdf g/x]sf], lg/LIf0f tyf ;'kl/j]If0fsf] qmddf ;'kl/j]Ifs, n]vfkl/Ifsaf6
b'?kof]u ePsf] k|dfl0ft ePsf] cj:yfdf shf{ tyf ;'ljwfsf] b'?kof]u u/]sf] dflgg] 5 .
-u_ ;'/If0fdf /fv]sf] ;fdfg b'?kof]u u/]sf] k|dfl0ft ePdf,
-3_ C0fL ufoj ePdf,
-_ k|rlnt sfg'g adf]lhd C0fL 6f6 kN6]df,
-r_ Ohfhtkqk|fKt ;+:yfn] C0fL lj?4 cbfntdf d'2f bfo/ u/]sf] cj:yfdf,
-5_ C0f c;'nL Gofoflws/0fdf ph'/L lbPsf] cj:yfdf,
!)=@ sfnf];"rLdf ;dfj]z x'g] cGo cj:yfx?
-s_ gSsnL r]s, 8fK6, ljb]zL d'b|f, qm]l868]lj6 sf8{, laN; cflb sfuhft tyf pks/0f k|of]u u/L
/sd 7uL u/]df . To:t} ;f]xL 7uL ug]{ k|of; u/]sf] ljifodf cbfntaf6 s;'/bf/ 7xl/Pdf,
-v_ s'g} JolQm, kmd{, sDkgL jf ;+ul7t ;+:yf ljQLo sf/f]af/ ;DaGwL ck/fwdf ;+nUg ePsf] k|dfl0ft
ePdf,
-u_ s'g} JolQm, kmd{, sDkgL jf ;+:yfn] Ohfhtkqk|fKt ;+:yf;Fu lnPsf] shf{ ;f] shf{sf] lnvtsf]
efvfleq r'Qmf gu/L a}+s tyf ljQLo ;+:yf ;DaGwL P]g @)^# sf] bkmf %& adf]lhd c;'nLsf]
sf/jfxL rnfpFbfsf] cj:yf,
-3_ Ohfhtkqk|fKt ;+:yfn] shf{ ckn]vg ug'{kbf{sf] cj:yfdf,
-_ vftfdf df}Hbft ckof{Kt ePdf,
s'g} JolQm kmd{, sDkgL jf ;ul7t ;+:yfn] cfgf] vftfdf kof{Kt df}Hbft geO{ hlt;'s} /sdsf] r]s
hf/L u/]df a'Fbf g+= !)=! df h'g;'s} s'/f n]lvPsf] ePtfklg b]xfo jdf]hd x'g]5 M
199
-!_
Psk6s e'QmfgL geOsg lkmtf{ ePsf] r]ssf] xsdf e'QmfgL kfpg'kg]{ JolQmn] ;fj{hlgs ljbf
afx]s sDtLdf b'O{ lbgsf] ;do lbO{ ;DalGwt a}+s jf ljQLo ;+:yfdf k'gM r]s k]z ug{ ;Sg] 5
.
o; v08sf] k|of]hgsf] nflu a}+s tyf ljQLo ;+:yfn] vftfdf df}Hbft ckof{Kt /x]sf] sf/0f s'g}
r]ssf] e'QmfgL lbg g;s]df r]ssf] e'QmfgL kfpg'kg]{ kIfnfO{ :ki6 ?kdf vftfdf df}Hbft
ckof{Kt ePsf] pNn]v u/L lnlvt ?kdf ;';'lrt ug'{kg]{5 .
-@_ ;f] Dofb kZrft\ klg /sd e'QmfgL gePsf] v08df /sd e'QmfgL kfpg'kg]{ JolQm, kmd{, sDkgL
jf ;+ul7t ;+:yfn] r]ssf] /sd e'QmfgL ug'{kg]{ a}+s jf ljQLo ;+:yfdf lnlvt ?kdf hfgsf/L
lbg ;Sg]5 .
-#_ v08 -@_ adf]lhd lnlvt hfgsf/L k|fKt ePkl5 ;DalGwt a}+s jf ljQLo ;+:yfn] r]s hf/L
ug]{ To:tf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ r]ssf] /sd e'QmfgL ug{ ;fj{hlgs ljbf
afx]s ;ft lbgsf] ;'rgf lbg'kg]{5 / ;f] ldltleq klg /sd e'QmfgL x'g g;s]df To:Tff] r]s
lvRg] JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ pQm r]s hf/L ug]{ a}+s jf ljQLo ;+:yfn]
clgjfo{ ?kdf sfnf];"rLdf ;'rLs[t ug{ shf{ ;'rgf s]Gb|df n]vL k7fpg' kg]{5 . ;f] cg';f/
gu/]df a}+s tyf ljQLo ;+:yfnfO{ o;} lgb]{zg adf]lhd sf/afxL x'g]5 .
-$_ s'g} JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfn] a}+s tyf ljQLo ;+:yfnfO{ To:tf] e'QmfgL gx'g] r]s
lbPdf ;d]t o; v08 adf]lhd sfnf];"rLdf /fVg'kg]{5 . ;f] cg';f/ gu/]df a}+s tyf ljQLo
;+:yfnfO{ o;} lgb]{zg adf]lhd sf/afxL x'g]5 .
-%_ o; v08 adf]lhd sfnf];"rLdf /x]sf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfn] To:tf] ;"rLaf6
km's'jf geP;Dd cfgf] vftfdf /sd hDdf ug]{ afx]s cGo s'g}klg lsl;dsf] a}+ls sf/f]af/
ug{ kfpg] 5}g .
-r_ vftfjfnfn] cfk'mn] hf/L u/]sf] r]ssf] /sd e'QmfgL gx'Fb} vftf aGb u/]sf] sf/0faf6 s'g} r]ssf]
e'QmfgL x'g g;s]sf] hfgsf/L k|fKt x'gf;fy ;DalGwt a}+s jf ljQLo ;+:yfn] s'g} dfWodaf6
;DalGwt vftfjfnfnfO{ k|rlnt sfg'gL Joj:yf cg';f/ hfgsf/L u/fpg' kg]{5 . o;/L hfgsf/L
u/fPsf] cj:yfdf ;d]t pQm r]ssf] e'QmfgL x'g] Joj:yf gu/]sf] v08df To:tf] r]s hf/L ug]{
JolQmkmd{sDkgLnfO{ sfnf];"rLdf /fVg l;kmfl/z u/L k7fpg' kg]{5 .
-5_ g]kfn /fi6 a}+s P]g, @)%*, a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# tyf cGo gLltut Joj:yf
adf]lhd o; a}+sn] lbPsf] lgb]{zgsf] kfngf gu/L gub hl/jfgfsf] sf/jfxLdf k/]sf a}+s tyf ljQLo
;+:yfsf ;~rfns, sfo{sf/L k|d'v tyf cGo sd{rf/Laf6 gub hl/jfgf e'QmfgL geP;Dd,
-h_ s'g} sfo{sf/0f k/L r]s x/fPsf], rf]/L ePsf] jf cgflws[t ?kdf k|of]u u/]u/fPsf] h:tf cf}lrTok"0f{
cfwf/df vftfjfnfn] r]s "Stop Payment" u/]sf] cj:yfdf afx]s cGo cj:yfdf r]s hf/L
ul/;s]kl5 "Stop Payment" u/]sf] ePtf klg To:tf] r]s e'QmfgL gePdf r]s hf/L ug]{
JolQmkmd{sDkgL;+u7Lt ;+:yfnfO{ ;d]t v08 -_ adf]lhdsf] k|lqmof k'/f u/L sfnf];"rLdf
/fVg'kg]{5 .
:ki6Ls/0fM o; v08sf] k|of]hgsf] nflu k|dfl0ft eGgfn] cbfnt jf ;DalGwt Ohfhtkqk|fKt ;+:yfsf]
lg/LIf0f 6f]nL jf cfGtl/s jf jfXo n]vfkl/Ifs jf o; a}+saf6 vl6Psf] lg/LIf0f 6f]nLn] k|dfl0ft u/]sf]
;Demg' k5{ .
!)=# sfnf];"rLdf ;dfj]z x'g] kIfx?
s'g} jf ;a} cj:yf k/L sfnf];"rLdf ;dfj]z x'g] b]xfo adf]lhdsf C0fL JolQm, kmd{, sDkgL jf ;+ul7t
;+:yf / ;DalGwt cGo kIfx?nfO{ ;d]t sfnf];"rLdf ;dfj]z ug'{ kg]{5 .
t/ s'g} C0fL sfnf];"rLdf k/]df To:tf C0fLsf] Psf3/ kl/jf/sf ;b:ox?nfO{ sfnf];"rLdf /fVg' kg]{5}g
-s_ shf{;'ljwf pkof]u ug]{ JolQm, kmd{, sDkgL jf ;+ul7t ;+:yf .
-v_ k|f]k|fO6/;Lk kmd{sf k|f]k|fO6/ .
-u_ ;fe]mbf/L kmd{sf ;fe]mbf/x? .
-3_ shf{;'ljwfsf] nflu hdfgt lbg] JolQm, kmd{, sDkgL jf ;+ul7t ;+:yf .
200
-_
-r_
-5_
-h_
-em_
-`_
-6_
-7_
t/, hdfgtbftfnfO{ sfnf];"rLdf ;dfj]z ug'{k'j{ lghn] hdfgL lbPsf] /sd r'Qmf ug{ Ohfhtkqk|fKt
;+:yfn] k}tL; lbgsf] lnlvt ;'rgf lbg' kg]{5 . lnlvt ;'rgfsf] kq ;DalGwt JolQmsf] 7]ufgfdf
gk'u]df ;f] ;'rgf klqsfdf ;fj{hlgs ug'{ kg]{5 .
sDkgL;+ul7t ;+:yfsf ;~rfnsx? .
k|fOe]6 jf klAns sDkgLsf,
!_ ;~rfnsx/m,
@_ kGw| k|ltzt jf ;f] eGbf a9L ;]o/ :jfldTj ePsf ;]o/wgLx?,
t/, k|fOe]6 jf klAns sDkgLsf] !% k|ltzteGbf sd ;]o/ lng] pQm k|fOe]6 jf klAns
sDkgLsf ;]o/wgLx?sf]] s'g} klg lsl;dsf] ljQLo :jfy{ ePdf a}+s tyf ljQLo ;+:yfx?n]
To:tf ;]o/wgLx?nfO{ ;d]t sfnf];"rLdf ;dfj]z ug{ s'g} afwf k'u]sf] dflgg] 5}g .
#_ ;~rfns dgf]gog ug]{ clwsf/ kfPsf] JolQm, kmd{, sDkgL, ;+ul7t ;+:yfx? .
t/, o; a}+saf6 Ohfhtkqk|fKt ;+:yfn] k|jfx u/]sf] shf{ jfkt kbLo x}l;otn] ;f]xL shf{sf]
;'/Iffsf] nflu C0fL ;+:yfsf] ;~rfns ;ldltdf ;~rfnssf] x}l;otdf k|ltlglwTj ug]{
Ohfhtkqk|fKt ;+:yfsf] k|ltlglw sd{rf/LnfO{ sfnf];"rLdf ;dfj]z ug'{kg]{ 5}g .
sfnf];"rLdf k/]sf] s'g} JolQm jf ;+:yfsf] cGo s'g} kmd{sDkgL;+ul7t ;+:yfdf JolQmut jf
;+:yfut ?kdf kGw| k|ltzt jf ;f]eGbf a9L ;]o/ :jfldTj ePdf To:tf] kmd{sDkgL ;+ul7t
;+:yfsf] ;~rfns tyf sfo{sf/L k|d'v .
t/, Ps} ;d'x cGtu{tsf JolQm, kmd{, sDkgLsf] xsdf !% k|ltzteGbf sd ;]o/ wf/0f u/]sf]
ePtfklg s'n ;]o/ nufgLdf !% k|ltzt gf3]sf] cj:yfdf To:tf ;d'x cGtu{tsf JolQm, kmd{,
sDkgLnfO{ sfn]f;"rLdf ;'rLs[t ug{ afwf k'u]sf] dflgg] 5}g .
sfnf];"rLdf k/]sf] s'g} JolQm jf ;+:yfsf] k|ltlglw cGo s'g} u}/ ;/sf/L kmd{sDkgL ;+ul7t
;+:yfdf ;~rfns ePdf To:tf] kmd{sDkgL;+ul7t ;+:yf .
t/, b]xfosf] ;a} cj:yf k'/f ePdf sfnf] ;"rLdf k/]sf] JolQm jf ;+:yfsf] k|ltlglw ;~rfns /x]sf]
u}/ ;/sf/L kmd{sDkgL;+ul7t ;+:yfnfO{ sfnf];"rLdf ;dfj]z ug'{ kg]{5}g M
-!_ sfnf];"rLdf k/]sf] JolQm jf ;+:yfsf] k|ltlglw ;~rfns /x]sf] u}/ ;/sf/L kmd{sDkgL
;+ul7t ;+:yfdf To:tf] ;~rfnssf] ;]o/ !% k|ltzt eGbf sd x'g' kg]{ .
-@_ sfnf];"rLdf k/]sf] JolQm jf ;+:yfsf] k|ltlglw ;~rfns /x]sf] u}/ ;/sf/L kmd{sDkgL
;+ul7t ;+:yfn] Ohfhtkqk|fKt ;+:yfnfO{ a'emfpg' kg]{ ;fFjf /jf Aofh jfktsf] /sd
tf]lsPsf] ;do jf ;f] eGbf cufj} lgoldt ?kdf r'Qmf ul//x]sf] x'g' kg]{,
-#_ sfnf];"rLdf k/]sf] JolQm jf ;+:yfsf] k|ltlglw ;~rfns /x]sf] JolQmn] ;~rfns kbaf6
/flhgfdf u/]df jf To:tf] JolQm ;~rfns kbaf6 d'Qm ePdf .
o; a}+sn] hf/L u/]sf] lgb]{zg cg';f/ cfk;L ;DaGw eO{ Ps} ;d'xdf k/]sf JolQm, kmd{, sDkgL jf
;+ul7t ;+:yf .
u|fxsnfO{ Uof/]G6L lbg] JolQm, kmd{, sDkgL jf ;+ul7t ;+:yf .
t/, Uof/]06L / cf+lzs Uof/]G6L (Partial Guarantee) sf] xsdf eg] ;f] Uof/]G6Lsf] /sd r'Qmf u/]df
C0fLsf] cGo jSof}tfsf] nflu of] Joj:yf nfu" x'g] 5}g .
C0fLsf] d[To' ePdf lghsf] ;DklQ :jLsf/ ug]{ JolQmx?nfO{ ;f] sf] bfloTj axg u/fP/ pQm bfloTj
axg u/]sf JolQmx?nfO{ Ohfhtkqk|fKt ;+:yfn] dgfl;j dflkmssf] ;do k|bfg ug{ ;Sg]5 . bfloTj
jxg ug{ gdfg]df jf pQm Dofbleqdf klg shf{ r'Qmf jf lgoldt gu/]df To:tf] JolQmx?nfO{ klg
sfnf];"rLdf ;dfj]z ug'{ kg]{5 .
s'g} C0f @ jif{eGbf a9L cjlwn] efvf gf3]sf] cj:yfdf ;d]t C0fLnfO{ sfnf];"rLdf ;dfj]z
gul/Psf] eP ;f] sf] :kli6s/0f k|To]s cfly{s jif{ ;dfKt ePsf] Ps dlxgfleq o; a}+ssf] ;DalGwt
;'kl/j]If0f ljefu ;dIf k]z ug'{ kg]{5 .
201
!)=$ sfnf];"rLdf ;dfj]z gx'g] cj:yfx?

C0fLsf] sfa'eGbf aflx/sf] b]xfodf plNnlvt s'g} c;fdfGo kl/l:yltsf] sf/0faf6 pTkGg ;d:ofn] ubf{
;dodf ;fFjf /jf Aofh r'Qmf ug{ g;s]sf] Joxf]/f C0fLn] cg'/f]w u/]df / To:tf] Joxf]/f dgfl;j b]lvPdf
;DalGwt Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltn] To:tf u|fxsnfO{ sfnf];"rLdf ;dfj]z gug]{ lg0f{o ug{
;Sg]5 M
-s_ af9L, klx/f], e"sDk h:tf k|fs[lts b}jL k|sf]k k/]df .
-v_ sfnf];"rLdf ;dfj]z x'g' cufj} ?U0f pBf]u k'g?Tyfg ;ldltsf] l;kmfl/zdf k'g/shf{ k|bfg ul/Psf
C0fLnfO{ k'g/shf{sf] ;'ljwf pkof]u ug{ kfpg] cjlw;Dd .
-u_ g]kfn ;/sf/n] u|fxssf] hfoh]yf tyf Joj;fo ;~rfngdf /x]sf] :yfg clwu|x0f u/]df .
t/, To:tf] lg0f{o ubf{ cfwf/x? :ki6 ?kdf v'nfpg' kg]{5 .
!)=% sfnf];"rLaf6 gfd x6\g ;Sg] Joj:yf
b]xfosf cj:yfdf sfnf];"rLdf /x]sf u|fxssf] gfd To:tf] ;"rLaf6 x6fpgsf nflu ;DalGwt Ohfhtkqk|fKt
;+:yfn] tLg lbgleq s]Gb|nfO{ l;kmfl/z u/L k7fpg' kg]{5 . o;/L k|fKt gfdgfd];L s]Gb|n] # sfo{ lbgleq
cBfjlws ul/;Sg' kg]{5 .
!= efvf gf3]sf] shf{sf] ;fFjf Aofh r'Qmf u/]df,
@= ;DalGwt Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltn] pko'Qm 7xofO{ shf{sf] efvf yk u/]df jf o;
a}+ssf] lgb]{zgsf] clwgdf /xL shf{ k'g/tflnsLs/0f jf k'g/;+/rgf u/]df,
#= shf{ jf ;'ljwfsf] bfloTjsf] ;Ldf ls6fg u/L PseGbf a9L C0fL ;lDdlnt x'g] C0fsf] xsdf s'g}
C0fLaf6 p;sf] efusf] ;fFjf Aofh r'Qmf u/]sf] egL efvf yk u/]df jf o; a}+ssf] lgb]{zgsf]
clwgdf /xL shf{ k'g/;+/rgf jf k'g/tflnsLs/0f u/]sf] egL ;DalGwt a}+s tyf ljQLo ;+:yfaf6
n]vL cfPdf To:tf C0fLsf] gfd sfnf] ;"rLaf6 x6fpg' kg]{5 . t/, ;~rfns jf sfo{sf/L kbflwsf/L
eO{ sfdsfh ug]{ JolQmsf] ;DaGwdf of] Joj:yf nfu" x'g] 5}g .
$= shf{sf] bfloTj cGo JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfn] :jLsf/ ug]{ ;DaGwdf ;DalGwt
Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltaf6 :jLs[lt ePdf o;/L sfnf];"rLaf6 x6fpFbf bfloTj
:jLsf/ ug]{ JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ a9Ldf Ps jif{sf] Dofb lbg] / pQm Dofbleq
shf{;'ljwf r'Qmf jf lgoldt gu/]df pQm gofF JolQm, kmd{, sDkgL jf ;+ul7t ;+:yf ;d]tnfO{
sfnf];"rLdf ;dfj]z ug'{ kg]{5 .
%= C0fLx?n] lnPsf] C0fdWo] cfgf] bfloTj olsg u/L C0f;'ljwf lnPsf] cj:yfdf pQm /sd e'QmfgL
u/]sf] egL a}+s tyf ljQLo ;+:yfx?af6 n]vL cfPdf shf{ ;'rgf s]Gb|n] sfnf];"rLaf6 x6fpg' kg]{5 .
t/, ;f] Joj:yf ;~rfns tyf sfo{sf/L kbflwsf/Lx?sf] xsdf nfu" x'g] 5}g . tyflk ;~rfns tyf
sfo{sf/L kbflwsf/Lx?sf] xsdf C0f c;'nL GofofwLs/0f tyf cGo ;DalGwt Goflos lgsfosf]
cfb]z cg';f/ cfgf] bfloTj cg'?k x'g cfpg] c+z j/fj/sf] /sd e'QmfgL u/]sf] egL a}+s tyf
ljQLo ;+:yfx?af6 n]lvcfPdf lghnfO{ shf{ ;'rgf s]Gb|n] sfnf];"rLaf6 x6fpg s'g} afwf k'ofPsf]
dflgg] 5}g .
^= a}+s tyf ljQLo ;+:yfx?n] kl/l:yltjz C0f gltg]{ C0fLx?nfO{ shf{ ;'rgf s]Gb|sf] sfnf];"rLdf
;dfj]z u/]sf] ePtfklg olb s]xL ;do k|bfg u/]df C0fLn] k|of; u/L 5f]6f] cjlwdf C0f r'Qmf u5{
eGg] a}+s tyf ljQLo ;+:yfnfO{ nfu]df ^ dlxgfsf] nflu sfnf];"rLaf6 x6fpg] Joj:yf ug{ ;Sg]5 .
t/, ^ dlxgfleq C0f r'Qmf gu/]df clgjfo{ ?kdf sfnf];"rLdf ;dfj]z ug{ s]Gb|nfO{ l;kmfl/; ug{'
kg]{5 .
!!= ;xljQLos/0f shf{sf] ;DaGwdf
!_ ;xljQLos/0f cGtu{t k|jfx x'g] shf{sf] ;DaGwdf o; lgb]{zgsf] clwgdf /xL cu'jf a}+s tyf
ljQLo ;+:yf (Lead Bank) n] ;xljQLos/0fsf] a}7sdf (Consortium Meeting) shf{nufgL
cg'kftsf] cfwf/df ax'dtsf] lg0fo{af6 ;DalGwt C0fLnfO{ sfnf];"rLdf ;dfj]z ug{x6fpg s]Gb|nfO{
l;kmfl/z ug'{ kg]{5 . o;/L cu'jf a}+s tyf ljQLo ;+:yf (Lead Bank) sf] l;kmfl/z k|fKt ePkl5
s]Gb|n] ;DalGwt C0fLnfO{ sfnf];"rLdf ;dfj]z ug'{x6fpg' kg]{5 .
202
@_
!@=
!#=
!$
!%=
!^=
!&=
olb s'g} cu'jf a}+s tyf ljQLo ;+:yf (Lead Bank) n] o; lgb]{zg cg';f/ s]Gb|nfO{ l;kmfl/z gu/L
;xefuL a}+s tyf ljQLo ;+:yfn] C0fLnfO{ sfnf];"rLdf ;dfj]z u/]sf] /x]5 eg] s]Gb|n] ;xefuL a}s tyf
ljQLo ;+:yfsf] l;kmfl/; k|fKt ePkl5 dfq ;DalGwt C0fLnfO{ sfnf];"rLjf6 x6fpg' kg]{5 . o:tf]
cj:yfdf cu'jf a}+sn] cfk"mn] k'/f ug'{ kg]{ bfloTj lgjf{x gu/]sf] 7x/L g]kfn /fi6 a}+s P]g, @)%* sf]
bkmf !)) adf]lhd sf/jfxL ul/g] 5 .
#_ s'g} u|fxsn] ;xljQLos/0f shf{ ;'ljwf cGtu{t / Ohfhtkqk|fKt ;+:yf;Fu 5'6\6} bf]xf]/f] shf{ tyf
;'ljwfsf] pkof]u u/L sfnf];"rLdf ;dfj]z ePsf] /x]5 eg] ;xljQLos/0f ;d'xsf] a}7sn]
sfnf];"rLjf6 x6fpg] l;kml/; u/]tfklg afFsL v/fj shf{;'ljwfsf] /sd e'QmfgL gu/];Dd
sfnf];"rLdf sfod} /xg] 5 .
sfnf];"rLdf ;dfj]z ug'{k'j{ ;'rgf lbg' kg]{
s'g} klg C0fL jf C0f;Fu ;DalGwt cGo ;a} kIfnfO{ sfnf];"rLdf ;dfa]z ug'{k'j{ ;DalGwt Ohfhtkqk|fKt
;+:yfn] sfnf];"rLdf ;dfj]z ug'{kg]{ sf/0f;lxt sDtLdf kl}t; lbg cufj} ;'rgf lbO{ ;f] sf] clen]v /fVg'
kg]{5 . pQm ;'rgf k|bfg ubf{ tf]lsPsf] Dofbleq C0fLn] shf{ r'Qmf jf lgoldt gu/]df sfnf];"rLdf ;dfj]z
ul/g] Joxf]/f pNn]v ePsf] x'g' kg]{5 . o:tf] ;'rgf ;DalGwt JolQm jf lghsf] kl/jf/sf ;b:o jf lghsf]
sf/f]af/;Fu ;DalGwt ;+:yfdf a'emfPdf jf /fli6o :t/sf] klqsfdf k|sflzt u/]df ;'rgf k|fKt ePsf]
dflgg] 5 .
a}+s jf ljQLo ;+:yfn] C0f gltg]{ C0fLnfO{ shf{ ;'rgf s]Gb|sf] sfnf];"rLdf ;dfj]z u/]sf]df C0fLn] shf{
e'QmfgL u/L sfnf];"rLaf6 x6fO;s]kl5 ljutsf] sfnf];"rL ;DaGwL clen]vdf gfd /x]s} sf/0fn] gofF shf{
k|jfxdf aGb]h nufpg kfO{g] 5}g . shf{ ;'rgf s]Gb|sf] sfnf];"rLaf6 xl6;s]sf] cj:yfdf sfnf];"rL
;DaGwL clen]vdf gfd /x]s} sf/0f gofF shf{ k|jfxdf aGb]h nufpg] Joj:Yff a}+s jf ljQLo ;+:yfsf] shf{
gLltdf /x]sf] eP ;f] Joj:yfnfO{ o;} adf]lhd x'g] u/L ;+zf]wg ug'{kg]{5 +.
C0fL tyf hdfgtstf{nfO{ lnvt u/fpg' kg]{
s'g} klg C0fLnfO{ shf{;'ljwf k|bfg ubf{ o; lgb]{zg adf]lhdsf] cj:yf k/L s]Gb|sf] sfnf];"rLdf gfd
;dfj]z u/]df d]/f] dGh'/L 5 egL ;DalGwt Ohfhtkqk|fKt ;+:yfn] ;DalGwt C0fL tyf hdfgLstf{nfO{
lnvt u/fpg' kg]{5 .
t/, of] Joj:yfn] To:tf] lnvt lagf klg C0fL tyf hdfgLstf{sf] gfd sfnf];"rLdf ;dfj]z ug{ afwf
k'u]sf] dflgg] 5}g .
s]Gb|n] ;'rgf tyf ljj/0fx? dfu ug{ ;Sg]
g]kfn /fi6 a}+s P]g, @)%* sf] bkmf **, g]kfn /fi6 a}+s shf{ ;'rgf ljlgodfjnL, @)%( / o; lgb]{zgsf]
p2]Zo sfof{Gjog ug]{ l;nl;nfdf o; lgb]{zgn] tf]s] afx]ssf cGo ;'rgf / ljj/0fx? s]Gb|n]
Ohfhtkqk|fKt ;+:yf;Fu dfu ug{ ;Sg]5 . o;/L dfu u/]sf] ;'rgf / ljj/0fx? pknAw u/fpg' ;DalGwt
Ohfhtkqk|fKt ;+:yfsf] st{Jo x'g]5 .
s]Gb|n] lg/LIf0f ug{ ;Sg]
Ohfhtkqk|fKt ;+:yfn] s]Gb|df lbg' kg]{ C0fLx?sf] ljj/0f ;dod} pknAw u/fP gu/fPsf], shf{ k|jfx ug'{
cl3 shf{ ;'rgf lnP glnPsf] tyf pknAw u/fPsf ljj/0fx? cBfjlws eP gePsf] ;DaGwdf s]Gb|n]
Ohfhtkqk|fKt ;+:yfsf] cg'udg tyf lg/LIf0f ug{ ;Sg]5 / ;f]sf] k|ltj]bg o; a}+ssf] a}+s tyf ljQLo
;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]5 . s]Gb|n] o:tf] lg/LIf0f;'kl/j]If0f
cfgf sd{rf/L v6fO{ :ynut tyf u}/ :ynut ?kdf ug{ ;Sg]5 .
sfnf];"rLdf ;dflji6 C0fLx?sf] ljj/0f ;fj{hlgs ug'{ kg]{
o; lgb]{zg adf]lhd k|To]s c;f/ / k'; d;fGt;Dddf sfnf];"rLdf ;dfj]z eO{ Ps s/f]8 ?k}ofFeGbf a9L
/sd ltg{ afFsL /x]sf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfsf] gfdfjnL cBfjlws u/L s]Gb|n] /fli6o b}lgs
klqsfdf qmdzM ;fpg / df3d;fGtleq ;j{;fwf/0fsf] hfgsf/Lsf] nflu k|sflzt ug'{ kg]{5 . ;f]] hfgsf/L
o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu tyf ;DalGwt ;'kl/j]If0f ljefu, sDkgL /lhi6f/sf]
sfof{no / lwtf]kq jf]8{nfO{ ;d]t pknAw u/fpg' kg]{5 . cGo JolQmx?sf] gfdfjnLsf] xsdf shf{ ;'rgf
s]Gb|n] ;j{;fwf/0fnfO{ cfjZos k/L dfu u/]df z'Ns lnO{ jf glnO{ To:tf] ;'rgf pknAw u/fpg' kg]{5 .
203
;fy}, sfnf];"rLdf ;dflji6 JolQmx?sf] cBfjlws ;'rgf s]Gb|n] clgjfo{ ?kdf cfgf] j]j ;fO6df /fVg'
kg]{5 .
!*= cGo Joj:yfx?
!_ uf]kgLotf sfod ug'{ kg]{
Ohfhtkqk|fKt ;+:yf / s]Gb|aLr cfbfg k|bfg x'g] ;'rgf tyf cGo ljj/0f ;+j]bgzLn ePsf]n] To:tf
;'rgf tyf ljj/0f cfbfg k|bfg ubf{ jf clen]v /fVbf k"0f{ uf]kgLotf sfod /fVg' kg]{5
@_ JolQmut tyf ;+:yfut hdfgLdf k|jflxt shf{sf] ;DaGwdf
Ohfhtkqk|fKt ;+:yfx?af6 s'g} klg lsl;dsf] JolQmut tyf ;+:yfut hdfgLdf k|bfg ePsf] shf{
tyf ;'ljwfx? lgwf{l/t ;dodf r'Qmf gu/]df hdfgL lbg] JolQm tyf ;+:yfx?nfO{ ;d]t o;
lgb]{zgsf] clwgdf /xL sfnf];"rLdf ;dfj]z ug{' kg]{5 . To:tf hdfgLstf{x?n] u/]sf] hdfgL /sdsf]
;Ldf;Ddsf] /sd r'Qmf ePsf] ;DalGwt Ohfhtkqk|fKt ;+:yfaf6 hfgsf/L k|fKt x'g cfPdf
hdfgLstf{sf] gfd sfnf];"rLaf6 x6fpg' kg]{5 .
#_ ;]o/wgLsf] gfd kl/jt{g eO{ cfPdf
sfnf];"rLdf ;dfj]z ePsf ;]o/wgLx?n] cfgf] ;]o/ cGo JolQmx?nfO{ x:tfGt/0f u/L lghsf]
bfloTj gofF ;]o/wgLn] :jLsf/ u/]sf] cj:yfdf ;DalGwt Ohfhtkqk|fKt ;+:yfsf] ;~rfns
;ldltnfO{ pQm ljifo :jLsf/ u/L l;kmfl/z eO{ cfPdf klxn]sf ;]o/wgLnfO{ sfnf];"rLaf6 x6fpg'
kg]{5 .
Ohfhtkqk|fKt ;+:yfaf6 C0f lnPsf s'g} k|fOe]6 lnld6]8 jf ;j{;fwf/0fdf ;]o/ hf/L u/L g;s]sf
klAns lnld6]8 sDkgLsf kGw| k|ltzteGbf a9L ;]o/ lng] ;]o/wgLn] To:tf] sDkgLsf] cfgf]
:jfldTjdf /x]sf] ;]o/ laqmL jf gfd;f/L ug'{k'j{ C0f k|bfg ug]{ ;DalGwt Ohfhtkqk|fKt ;+:yfsf]
:jLs[lt lng' kg]{5 . o; k|of]hgsf] nflu ;DalGwt Ohfhtkqk|fKt ;+:yfsf] :jLs[lt glnO{ To:tf]
C0fL sDkgLsf] ;]o/ laqmL jf gfd;f/L ug{ gkfpg] u/L C0f k|bfg ug]{ Ohfhtkqk|fKt ;+:yfn]
clgjfo{ ?kdf sfuh u/fpg' kg]{5 . o;/L :jLs[lt glnO{ C0fL sDkgLsf] ;]o/wgLsf] ;]o/ gfd;f/L
jf laqmL u/]df ;fljssf ;]o/wgLnfO{ sfnf];"rLdf /fVg' kg]{5 .
$_ ;/sf/L tyf cw{;/sf/L lgsfoaf6 dgf]lgt ;~rfnsx?sf] ;DaGwdf
o; lgb]{zgdf cGoq h'g;'s} s'/f n]lvPsf] ePtf klg o; a}+s, g]kfn ;/sf/ jf g]kfn ;/sf/sf] k"0f{
jf clwsf+z :jfldTjdf /x]sf] ;+:yfaf6 dgf]lgt s'g} klg JolQm s'g} klg C0fL ;+:yfsf] ;~rfns eO{
To:tf] ;+:yf sfnf];"rLdf k/]df To;/L dgf]lgt ;~rfnsx? sfnf];"rLdf ;dfj]z x'g] 5}gg\ .
%_ Psf3/ kl/jf/sf] ;DaGwdf
o; lgb]{zgsf] k|of]hgsf] nflu Psf3/ kl/jf/ eGgfn] ;DalGwt JolQmsf] klt jf kTgL, 5f]/f,
cljjflxtf 5f]/L, wd{k'q, cljjflxtf wd{k'qL, afa', cfdf, ;f}t]gL cfdf / cfkm"n] kfng kf]if0f ug'{ kg]{
bfh' efO / lbbL alxgL ;Demg' kg]{5 .
^_ shf{ ;'rgf OsfO{
Ohfhtkqk|fKt ;+:yfx?n] s]Gb|Lo ?kdf shf{ ;'rgf OsfO{ u7g u/L s]Gb| tyf cGo lgsfodf k7fpg'
kg]{ shf{;'rgf ;DaGwL ;Dk"0f{ sfo{x? ;f] OsfO{af6 dfq ug'{u/fpg' kg]{5 . s]Gb|;Fu ul/g] ;Dk"0f{
sfo{sf] nflu OsfO{sf hgzlQmnfO{ tf]Sg' kg]{5 / ;f]sf] hfgsf/L ;DalGwt Ohfhtkqk|fKt ;+:yfn]
s]Gb|nfO{ pknAw u/fpg' kg]{5 . ;fy}, tf]lsPsf] OsfO{n] Ohfhtkqk|fKt ;+:yf / s]Gb|aLr x'g] kqfrf/
P+j On]S6f]lgs tYofsf] clen]v cBfjlws u/L /fVg' kg]{5 .
&_ e"nj; sfnf];"rLdf ;dfj]z ePsfx?sf] ;DaGwdf
sfnf];"rLdf ;dfj]z gx'g' kg]{ s'g} JolQm, kmd{, sDkgL jf ;+ul7t ;+:yf e"nj; sfnf];"rLdf ;dfj]z
ul/Psf] /x]5 eg] o; ;DaGwdf ;DalGwt Ohfhtkqk|fKt ;+:yfsf] ;~rfns ;ldltaf6 l;kmfl/z eO{
cfPdf clanDa To:tf] JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ clen]v g} g/xg] u/L sfnf];"rLaf6
x6fpg' kg]{5 . o;/L sfnf];"rLdf ;dfj]z eO{ x6]sf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{
sfnf];"rLdf ;dfj]z ePsf] dflgg] 5}g .
204
*_
s]Gb|sf] ;b:otf
Ohfhtkqk|fKt ;+:yfx?n] shf{ ;'rgfsf] cfbfg k|bfg ug]{ / ;dodf shf{sf] ;fFjfAofh gltg]{
C0fLnfO{ sfnf];"rLdf ;dfj]z ug]{ k|of]hgsf nflu clgjfo{ ?kdf s]Gb|sf] ;b:otf lng' kg]{5 .
(_ 5'6
!)_
!!_
!@_
!#_
!(= b08
!_
o; lgb]{zgdf cGoq h'g;'s} s'/f n]lvPsf] eP tfklg g]kfn ;/sf/ jf g]kfn ;/sf/sf] k"0f{ jf
clwsf+z :jfldTj ePsf ;/sf/L ;+:yfgx?, o; a}+saf6 lgIf]k / shf{sf] sf/f]af/ ug{ Ohfhtkqk|fKt
;+:yfx?, j}b]lzs nufgL cGtu{t cfpg] ;fem]bf/ nufgLstf{, ljb]zL lgof]u, bft[;+:yf / ljsf;
;fem]bf/x?, lkIfLo jf jx'kIfLo ;DaGw ePsf cGt/f{li6o ;+3 ;+:yfx?nfO{ sfnf];"rLdf ;dfj]z
ul/g] 5}g .
sfnf];"rL ljj/0f cBfjlws ug]{
o; lgb]{zg adf]lhd s]Gb|n] / ;DalGwt a}+s tyf ljQLo ;+:yfn] tof/ ug]{ sfnf];"rL cBfjlws u/L
/fVg' kg]{5 .
s]Gb|sf] sfnf];"rLdf ;'rLs[t Ohfhtkqk|fKt ;+:yfsf ;]o/wgLx?n] k|fKt ug{ ;Sg] xsk|b ;]o/ tyf
cu|flwsf/ ;]o/, C0fkq / nfef+zsf ;DaGwdf b]xfo adf]lhdsf] Joj:yf ul/Psf] 5 .
-s_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf ;+:yfks ;]o/wgLx?dWo] s]Gb|sf] sfnf];"rLdf ;'rLs[t
eO{/x]sf ;+:yfks ;]o/wgLn] cfkm" ;+:yfks /x]sf] a}+sljQLo ;+:yfsf] xsk|b ;]o/ tyf
cu|flwsf/ ;]o/ / C0fkq vl/b ug{ kfpg] 5}gg\ . t/, s]Gb|sf] sfnf];"rLaf6 x6]sf] k|df0f ;lxt
;DalGwt a}+sljQLo ;+:yfsf ;+:yfks ;]o/wgLn] cfkm" ;+:yfks /x]sf] a}+sljQLo ;+:yfsf]
xsk|b ;]o/ tyf cu|flwsf/ ;]o/ / C0fkq bfjL ug{ cfPdf k|rlnt sfg'g cg';f/ cGo
JolQm;+:yfnfO{ a]rljvgafF8kmfF8hkmt ul/;lsPsf] cj:yf /x]g5 eg] ;fljss} ;+:yfks
;]o/wgLn] k|fKt ug{ ;Sg]5g\ .
-v s]Gb|sf] sfnf];"rLdf ;'rLs[t C0fLsf] a}+s tyf ljQLo ;+:yfsf] ;+:yfks nufotsf cGo
;]o/wgLsf x}l;otn] kfpg] nfef+z /sd cGo a}+s tyf ljQLo ;+:yfn] shf{ aSof}tfsf] k|df0f
;lxt e'StfgL dfu u/]df To:tf JolQm;Fu c;'n ug'{kg]{ /sd lghn] kfpg] nfef+z /f]Ssf u/L
;DalGwt ;+:yfn] pknAw u/fpg' kg]{5 . o:tf] Joj:yf cfg} a}+s tyf ljQLo ;+:yfsf] shf{
r'Qmf ug]{ k|of]hgsf nflu ;d]t nfu" x'g]5 .
sfnf];"rLdf /x]sf ;+:yfks ;]o/wgLn] xsk|b ;]o/df ;xefuL x'g / nfef+z lng gkfpg]M
-s_ sfnf];"rLdf ;dfj]z ;+:yfks ;]o/wgLn] o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfaf6
lgisfzg x'g] s'g} klg lsl;dsf] xsk|b ;]o/df ;xefuL x'g kfpg] 5}g .
-v_ sfnf];"rLdf ;dfj]z ;+:yfks ;]o/wgLn] k|fKt ug]{ s'g} klg lsl;dsf] nfef+z C0f ltg]{ k|of]hg
afx]s cGo lsl;dn] e'QmfgL lnglbg kfOg] 5}g .
-u_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] sfnf];"rLdf ;'rLs[t cfgf] ;+:yfsf] ;+:yfks
;]o/wgLx?sf] ljj/0f cBfjlws u/L /fVg' kg]{5 .
o; a}+snfO{ hfgsf/L u/fpg' kg]{
pka'Fbf -(_ df pNn]v ePsf ;+:yf afx]s o; a}+saf6 Ohfhtkqk|fKt jf cg'dltkqk|fKt cGo
;+:yfnfO{ sfnf];"rLdf /fVg shf{ ;'rgf s]Gb|nfO{ l;kmfl/; ug{' k'j{ ;DalGwt Ohfhtkqk|fKt ;+:yfn]
o; a}+snfO{ hfgsf/L u/fpg' kg]{5 .
hl/jfgf tyf sf/jfxL ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfn] s]Gb|df e/L k7fpg' kg]{ C0fLx?sf] ljj/0f / sfnf];"rLdf /fVg' kg]{ C0fLx?sf] gfd
tyf ljj/0f ;dodf g} s]Gb|df pknAw gu/fPdf jf To:tf tYo n'sfP/ yk shf{ ;'ljwf k|bfg u/]sf]
kfOPdf jf unt ;'rgf k|jfx u/]df jf sfnf];"rLdf ;dfj]z ePsf] JolQm, kmd{, sDkgL jf ;+ul7t
;+:yfnfO{ shf{ k|jfx ePdf jf o; a}+ssf] lg/LIf0f tyf ;'kl/j]If0f k|ltj]bgdf To:tf] Joxf]/f pNn]v eO{
cfPdf ;DalGwt Ohfhtkqk|fKt ;+:yf jf ltgsf ;DalGwt ;~rfns, kbflwsf/L jf sd{rf/L ;d]tnfO{
o; a}+sn] g]kfn /fi6 a}+s P]g, @)%* sf] bkmf !)) adf]lhdsf] sf/jfxL ug{ ;Sg]5 .
205
@_
sfnf];"rLdf k/]sfnfO{ C0f ;'ljwf k|bfg u/]df hl/jfgf nufOg]

sfnf];"rLdf k/]sf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfx?nfO{ s'g} klg a}+s tyf ljQLo ;+:yfn]
C0f;'ljwf k|jfx u/]df g]kfn /fi6 a}+s P]g, @)%* sf] bkmf (( -!_ ad]flhd pQm C0f ;'ljwf
a/fa/sf] /sd ljuf] sfod u/L ;DalGwt a}+s tyf ljQLo ;+:yfnfO{ hl/jfgf ul/g] 5 .
#_ sfnf];"rLdf /fVg l;kmfl/z gu/]df hl/jfgf nufOg]
s'g} a}+s tyf ljQLo ;+:yfn] g]kfn /fi6 a}+ssf] lgb]{zg cg';f/ s'g} JolQm, kmd{, sDkgL jf ;+ul7t
;+:yfnfO{ shf{ ;'rgf s]Gb|sf] sfnf];"rLdf ;dfj]z ug{ l;kmfl/z ug'{kg]{df ;f] u/]sf] gkfO{Pdf To:tf]
;+:yfnfO{ g]kfn /fi6 a}+s P]g, @)%* sf] bkmf (( sf] pkbkmf -!_ adf]lhd To:tf] C0fL;Fu p7fpg
afFsL /x]sf] /sd a/fa/sf] ljuf] sfod u/L hl/jfgf nufOg] 5 .
$_ sfnf];"rLdf k/]sf JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfx?nfO{ k|bfg u/]sf] shf{df ztk|ltzt shf{
gf]S;fgL Joj:yf sfod ug'{ kg]{
s_ sfnf];"rLdf /x]sf JolQm, kmd{, sDkgL tyf ;+ul7t ;+:yfaf6 s'g} shf{ c;'nL ug{ afFsL /x]sf]
eP To:tf] shf{sf nflu ztk|ltzt shf{ gf]S;fgL Joj:yf ug'{kg]{ / To;/L Joj:yf gu/]sf]
kfO{Pdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf !)) sf] pkbkmf -@_ sf] v08 -u_ adf]lhd
;DalGwt sfo{sf/L k|d'vnfO{ kfFr nfv ?k}ofF;Dd gub hl/jfgf nufOg] 5 .
v_ s'g} C0fL cGo a}+s tyf ljQLo ;+:yf dfkm{t sfnf];"rLdf /fv]sf] ePtf klg To:tf C0fLnfO{
k|bfg ePsf] C0fsf] xsdf Ohfhtkqk|fKt ;+:yfn] cfkm"n] k|bfg u/]sf] shf{ jf ;'ljwfsf]
jlu{s/0fsf] cfwf/df shf{ gf]S;fgL Joj:Yff sfod ug{ ;lsg] 5 .
@)= Ohfhtkq k|fKt ;+:yfsf ;+:yfks z]o/wgL shf{ ;"rgf s]Gb|sf] sfnf];"rLdf ;"rLs[t /x]sf] cj:yfdf
To:tf] ;+:yfks z]o/wgLsf] ;DklQ lwtf] /fvL cGo JolQm jf ;+:yfnfO{ shf{ k|jfx ug{ kfOg] 5}g .
@!= vf/]hL / jrfpm
PsLs[t lgb]{zg @)&!sf] shf{ ;'rgf tyf sfnf];"rL ;DaGwL Joj:yf O=k|f lgb]{zg g+= !@)&! af6
hf/L ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu
;DalGwt ;Dk"0f{ kl/kqx? .
206
s=;"=kmf=g=! -s_
JolQmut shf{sf] k|of]hgsf] nflu
JolQmut tyf ;'/If0f ;DaGwL ljj/0f
@)=== ;fn ===========dlxgf == ut]
k|yd k6s shf{ :jLs[lt ubf{efvf gf3]sf shf{sf] ljj/0f shf{ ;'rgf s]Gb|df of] kmf/d e/L k7fpg' kg]{ . ;fy},
o; kmf/ddf pNn]v ePsf] ljj/0fdf s'g} kl/jt{g ePdf ;f]sf] hfgsf/L o; kmf/ddf e/L lbg' kg]{ . t/, rn
;DklQsf] d"Nofg /sddf dfq kl/jt{g ePdf k7fpg' gkg{] .
C0f k|bfg ug]{ a}+sljQLo ;+:yfsf] gfd M
zfvfpkzfvf M
!
C0fLsf] gfd M
;d'xM
!=! gful/stf k|df0fkqdf pNn]v eP adf]lhdsf] 7]ufgf M
xfnsf] 7]ufgf M
lhNnf M
g=kf=uf=lj=;= M
lhNnf M
g=kf=uf=lj=;= M
j8f g+= M
6f]n M
3/ g+= M
j8f g+= M
6f]n M
3/ g+= M
!=@ gful/stf g+= M
hf/L u/]sf] ldlt M
hf/L u/]sf] lhNnf M
!=# dtbftf k|df0fkq g+= M
hf/L u/]sf] ldlt M
hf/L u/]sf] lhNnf M
!=$ ;jf/L rfns cg'dlt kq g+= M
hf/L u/]sf] lhNnf M
!=% /fxbfgL g+= M
k|bfg u/]sf] d'n's M
!=^ :yfoL n]vf g+= M
hf/L u/]sf] ldlt M
;+:yf sf]8 M
!=& kmf]g g+= M
df]afO{n g+= M
O{d]n 7]ufgf M
!=* tLgk':t] ljj/0f M
afa'
afh]
>Ldfg\>LdtL
cfdf
;;'/f
@= C0fLsf] Psf3/ kl/jf/sf] ljj/0f M -o; k|of]hgsf] nflu Psf3/ kl/jf/ eGgfn] C0fLsf] klt jf kTgL, 5f]/f, a'xf/L,
cljjflxtf 5f]/L, wd{k'q, cljjflxtf wd{k'qL, afa', cfdf, ;f}t]gL cfdf / cfkm"n]
kfng kf]if0f ug'{ kg]{ bfh', efO, lbbL / alxgLnfO{ a'emfp+5 ._
Psf3/ kl/jf/sf ;b:ox?sf] gfd
gftf
#= clwsf/ k|fKt JolQmsf]

gfd / 7]ufgf
gful/stf g+=
afa'sf] gfd
afh]sf] gfd
$= sG;g{ ;DaGwL ljj/0f M -C0fLsf] cGo s'g} kmd{, sDkgL jf ;+ul7t ;+:yfdf !% k|ltzt jf ;f]eGbf a9L ;]o/
:jfldTj ePdf jf ;~rfns ePdf pNn]v ug{' kg{]_
;+nUg kmd{, sDkgL jf ;+ul7t ;+:yfsf] gfd
7]ufgf
;]o/xf]N8/;~rfns ;]o/ nufgL k|ltzt
-/sd ?=df _
%= C0fLn] pkof]u u/]sf] shf{sf] nflu hdfgt lbg] JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfsf] ljj/0f M
%=! hdfgt lbg] JolQm ePdf ;f]sf] ljj/0f M
gfd
7]ufgf
gful/stf g+=
/ /fxbfgL
g+=
gful/stf
hf/L ePsf]
ldlt
207
gful/stf hf/L ePsf] hdfgt

lhNnf / /fxbfgL hf/L lbPsf]
ePsf] d'n's
/sd
hdfgt lbPsf]
shf{ zLif{s
%=! -s_ hdfgt lbg] JolQmsf] tLgk':t]] ljj/0f M

gfd
afa'
afh]
>Ldfg\>LdtL
%=@ hdfgt lbg] kmd{, sDkgL jf ;+ul7t ;+:yf ePdf ;f]sf] ljj/0f M
gfd
7]ufgf
/lhi6]zg g+= hf/L ePsf]
kfg g+=
ldlt
cfdf
hf/L u/]sf]
lgsfo
;;'/f
hdfgt
lbPsf] /sd
hdfgt lbPsf]
shf{ zLif{s
%=@ -s_ hdfgt lbg] kmd{, sDkgL jf ;+ul7t ;+:yfdf ;+nUg ;]o/wgL tyf ;~rfnsx?sf] ljj/0f M
;]o/wgL /jf ;~rfnssf] gfd
7]ufgf
;]o/wgL ;~rfns ;]o/ nufgL k|ltzt
%=@ -v_ hdfgt lbg] kmd{, sDkgL jf ;+ul7t ;+:yfsf] ;]o/wgL / ;~rfnsx?sf] tLgk':t] ljj/0f M
;]o/wgL /jf
gful/stf g+=
afa'
afh]
>Ldfg\>LdtL
cfdf
;~rfnssf] gfd
^= ;'/If0fdf /x]sf] hldg, 3/, kl/of]hgf cflb h:tf crn ;DklQsf] ljj/0f M
lwtf]sf] k|sf/ lwtf]] /x]sf] :yfg lwtf]wgLsf]
d"Nof+lst d"Nofsg
d"Nofg
-j8f g+= ;lxt_
gfd
/sd
ldlt
stf{sf] gfd
;;'/f
lwtf] /flvPsf]
shf{ zLif{s
&= ;'/If0fdf /x]sf] artkq, C0fkq, d'2lt /l;b, k|f]ld;/L gf]6, ;]o/, ;fdfg lwtf] -xfOkf]lys]zg ;d]t_, cflb h:tf rn
;DklQsf] ljj/0f M
lwtf]sf]
lwtf]] /x]sf]
lwtf]wgLsf] gfd d"Nof+lst /sd
d"Nofsg
d"Nofgstf{
lwtf] /flvPsf]]
k|sf/
:yfg
ldlt
sf] gfd
shf{ zLif{s
-j8f g+= ;lxt_
*= C0fL;Fu ;DalGwt s}lkmot M
==================
tof/ ug]{
====================
r]s ug]{
====================
Joj:yfksk|d'v
-pko{'Qm sf]7fx? ljj/0fsf] nflu ckof{Kt ePdf csf]{ kmf/fd k|of]u ug{ ;lsg]5 ._
208
s=;"=kmf =g+=! -v_

;+o'Qm shf{sf] k|of]hgsf] nflu
@)=========;fn ======== dlxgf =====ut]
k|yd k6s shf{ :jLs[lt ubf{{efvf gf3]sf shf{sf] ljj/0f shf{ ;'rgf s]Gb|df of] kmf/d e/L k7fpg' kg]{ . ;fy},
o; kmf/ddf pNn]v ePsf] ljj/0fdf s'g} kl/jt{g ePdf ;f]sf] hfgsf/L of] kmf/fd e/L lbg' kg]{ . t/, rn ;DklQsf]
d"Nofg /sddf dfq kl/jt{g ePdf k7fpg' gkg{] .
zfvfpkzfvf M
!
;+o'Qm C0fLx?sf] gfd M
!=!
klxnf] C0fLsf]] gfd M
!=!=!
gful/stf k|df0fkqdf pNn]v eP adf]lhdsf] 7]ufgf M xfnsf] 7]ufgf M
lhNnf M
g=kf=uf=lj=;=M
lhNnf M
g=kf=uf=lj=;=M
j8f g+= M
6f]n M
3/ g+= M
j8f g+= M
6f]n M
3/ g+= M
!=!=@
gful/stf g+= M
hf/L u/]sf] ldlt M
hf/L u/]sf] lhNnf M
!=!=#
dtbftf k|df0fkq g+= M
hf/L u/]sf] ldlt M
hf/L u/]sf] lhNnf M
!=!=$ ;jf/L rfns cg'dlt kq g+= M
hf/L u/]sf] lhNnf M
!=!=%
/fxbfgL g= M
!=!=^
:yfoL n]vf g+= M
hf/L u/]sf] ldlt M
;+:yf sf]8 M
!=!=&
kmf]g g M
df]afO{n g+= M
O{d]n 7]ufgf M
!=!=* klxnf] C0fLsf]] tLgk':t] ljj/0f M
afa'
afh]
>Ldfg\>LdtL
cfdf
;;'/f
!=@
!=@=!
!=@=@
!=@=#
!=@=$
!=@=%
!=@=^
!=@=&
!=@=*
bf];|f] C0fLsf]] gfd M

gful/stf k|df0fkqdf pNn]v eP adf]lhdsf] 7]ufgf M
xfnsf] 7]ufgf M
lhNnf M
g=kf=uf=la=;= M
lhNnf M
g=kf=uf=la=;=M
j8f g+= M
6f]n M
3/ g+=M
j8f g+=M
6f]n M
3/ g+=M
gful/stf g+= M
hf/L u/]sf] ldlt M
hf/L u/]sf] lhNnf M
dtbftf k|df0fkq g+= M
hf/L u/]sf] ldlt M
hf/L u/]sf] lhNnf M
;jf/L rfns cg'dlt kq g+= M
hf/L u/]sf] lhNnf M
/fxbfgL g+= M
:yfoL n]vf g+= M
hf/L u/]sf] ldlt M
;+:yf sf]8 M
kmf]g g+= M
df]afO{n g+=M
O{d]n 7]ufgf M
bf];|f] C0fLsf] tLgk':t] ljj/0f M
afa'
afh]
>Ldfg\>LdtL
cfdf
;;'/f
@= C0fLx?sf] Psf3/ kl/jf/sf] ljj/0f M -o; k|of]hgsf] nflu Psf3/ kl/jf/ eGgfn] C0fLsf] klt jf kTgL, 5f]/f,
a'xf/L, cljjflxtf 5f]/L, wd{k'q, cljjflxtf wd{kq' L, afa', cfdf, ;f}t]gL cfdf / cfkm"n] kfng kf]if0f ug'{ kg]{ bfh', efO,
lbbL / alxgLnfO{ a'emfp+5 ._
C0fLx?sf] gfd
Psf3/ kl/jf/sf ;b:ox?sf] gfd
gftf

gfd / 7]ufgf
gful/stf g+=
afa'sf] gfd
afh]sf] gfd
$= sG;g{ ;DaGwL ljj/0f M -C0fLx?sf] JolQmut ?kdf cGo s'g} kmd{, sDkgL jf ;+ul7t ;+:yfdf !% k|ltzt jf
209
C0fLsf]] gfd
;f]eGbf a9L ;]o/ :jfldTj ePdf jf ;~rfns ePdf pNn]v ug{'kg{] _

;+nUg kmd{, sDkgL jf
7]ufgf
;]o/xf]N8/;~rfn ;]o/ nufgL k|ltzt
;+ul7t ;+:yfsf] gfd
s
-/sd ?=df_
%=! hdfgt lbg] JolQmM ePdf ;f]sf] ljj/0f M
gfd
7]ufgf gful/stf g+= gful/stf hf/L
/fxbfgL g+=
ePsf] ldlt
%=! -s_ hdfgt lbg] JolQmsf] ltgk':t]] ljj/0f M

gfd
afa'
afh]
gful/stf hf/L ePsf]

lhNnf /fxbfgL hf/L
ePsf] d'n's
>Ldfg\>LdtL
gfd
7]ufgf
/lhi6]zg g+=
hf/L ePsf]
hf/L u/]sf]
kfg g+=
ldlt
lgsfo
hdfgt
lbPsf]
/sd
cfdf
hdfgt
lbPsf] /sd
hdfgt
lbPsf] shf{
zLif{s
;;'/f
hdfgt lbPsf] shf{

zLif{s
7]ufgf
;]o/wgL;~rfns
;]o/ nufgL k|ltzt
%=@ -v_ hdfgt lbg] AolQm tyf kmd{, sDkgL jf ;+ul7t ;+:yfsf] ;]o/wgL / ;~rfnsx?sf] tLgk':t] ljj/0f M
;]o/wgL /jf ;~rfnssf] gfd gful/stf g=
afa'
afh]
>Ldfg\>LdtL
cfdf
;;'/f
lwtf]sf]
lwtf]] /x]sf] :yfg
lwtf]wgLsf]
d"Nof+lst
d"Nofg
k|sf/
-j8f g+= ;lxt_
gfd
/sd
ldlt
d"Nofgstf{
sf] gfd
lwtf] /flvPsf]
shf{ zLif{s
&= ;'/If0fdf /x]sf] artkq, C0fkq, d'2lt /l;b, k|f]ld;/L gf]6, ;]o/, ;fdfg lwtf] -xfOkf]lys]zg ;d]t_, cflb h:tf
rn ;DklQsf] ljj/0f M
lwtf]sf]
lwtf]] /x]sf] :yfg
lwtf]wgLsf]
d"Nof+lst
d"Nofg
d"Nofgstf{sf] lwtf] /flvPsf]
k|sf/
-j8f g+= ;lxt_
gfd
/sd
ldlt
gfd
shf{ zLif{s

===================
===================
=======================
tof/ ug]{
r]s ug]{
Joa:yfksk|d'v
210
s=;"=kmf =g+=! -u_

kmd{, sDkgL jf ;+ul7t ;+:yfsf] shf{sf] k|of]hgsf] nflu
@)==== ;fn ======= dlxgf ====ut]
k|yd k6s shf{ :jLs[lt ubf{efvf gf3]sf shf{sf] ljj/0f shf{ ;'rgf s]Gb|df of] kmf/d e/L k7fpg' kg]{ . ;fy},
o; kmf/ddf pNn]v ePsf] ljj/0fdf s'g} kl/jt{g ePdf ;f]sf] hfgsf/L of] kmf/fd e/L lbg' kg]{ . t/, rn ;DklQsf]
zfvfpkzfvf M
!
C[0fL kmd{, sDkgL jf ;+ul7t ;+:yfsf] gfd M
;d'x M
!=!
/lhi6/ k|df0fkq adf]lhdsf] 7]ufgf M
sfof{nosf] 7]ufgf M
lhNnf M
g=kf=uf=lj=;=M
lhNnf M
g=kf=uf=lj=;=M
j8f g+=M
6f]n M
3/ g=M
j8f g+=M 6f]n M
3/ g+=M
!=@ /lhi6]zg g+=M
btf{ u/]sf] ldlt M
btf{ u/]sf] lgsfo M
!=#
kmf]g g+=M
km\ofS; g+=M
O{d]n M
!=$ kfg g+=M
btf{ u/]sf] ldlt M
btf{ u/]sf] lhNnf M
@=-s_ k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf] ljj/0f M -k|fO{e]6
ln= s+= / klAns ln= s+= ePdf !% k|ltzt jf ;f]eGbf a9L ;]o/ wf/0f ug]{
;]o/wgLx?sf] dfq gfd pNn]v ug]{ ._
k|f]k|fO6/, ;fem]bf/ / ;~rfnsdWo]

h'g xf] ;f] df -_ lrGx nufpg]
k|f]k|fO6/
@=-v_ k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf] tLgk':t] ljj/0f M

gfd
gful/stf g+= /
afa'
afh]
>Ldfg\>LdtL
hf/L ldlt

gfd / 7]ufgf
gful/stf g+=
afa'sf] gfd
s}lkmot
;fem]bf/
cfdf
;~rfns
;;'/f
afh]sf] gfd
$= sG;g{ ;DaGwL ljj/0f M -C[0fL kmd{ / ;f]sf k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf] JolQmut, ;+o'Qm
jf ;+:yfut ?kdf cGo s'g} kmd{, sDkgL jf ;+ul7t ;+:yfdf !% k|ltzt jf ;f]eGbf a9L ;]o/ :jfldTj ePdf jf
;~rfns ePdf pNn]v ug{' kg{]_
;+nUg AolQmsf] gfd
7]ufgf
;]o/xf]N8/;rfns
;]o/ nufgL
;ul7t ;+:yfsf] gfd
k|ltzt
-/sd ?=df_
gfd
7]ufgf
gful/stf
gful/stf
g+=/fxbfgL hf/L ePsf]
gful/stf hf/L ePsf]

lhNnf/fxbfgL hf/L
211
hdfgt
lbPsf]
hdfgt lbPsf]
shf{ zLif{s
g+=
%=! -s_ hdfgt lbg] JolQmsf] tLgk':t]] ljj/0f M

gfd
afa'
afh]
ldlt
ePsf] d'n's
>Ldfg\>LdtL
gfd
7]ufgf
hf/L u/]sf]
kfg g+=
ldlt
lgsfo
/sd
cfdf
hdfgt lbPsf]
/sd
;;'/f
hdfgt lbPsf]
shf{ zLif{s
7]ufgf
;]o/wgL;~rfns
;]o/ nufgL k|ltzt
;]o/wgL /jf
gful/stf g+=
afa'
afh]
>Ldfg\>LdtL
cfdf
;~rfnssf] gfd
lwtf]sf] k|sf/ lwtf]] /x]sf] :yfg lwtf]wgLsf] gfd d"Nof+lst
d"Nofg
-j8f g+= ;lxt_
/sd
ldlt
d"Nofsgstf{sf]
gfd
;;'/f
lwtf] /flvPsf]
shf{ zLif{s
lwtf]sf] lwtf]] /x]sf] :yfg
lwtf]wgLsf]
d"Nof+lst
d"Nofg d"Nofgstf{sf]
lwtf] /flvPsf]
k|sf/
-j8f g+= ;lxt_
gfd
/sd
ldlt
gfd
shf{ zLif{s

===================
===================
===================
tof/ ug]{
r]s ug]{
Joa:yfksk|d'v
212
s=;"=kmf =g+=! -3_

kmd{, sDkgL jf ;+ul7t ;+:yfsf] shf{sf] k|of]hgsf] nflu
;+:yfut tyf ;'/If0f ;DaGwL ljj/0f
@)==== ;fn ======= dlxgf ====ut]
k|yd k6s shf{ :jLs[lt ubf{efvf gf3]sf shf{sf] ljj/0f shf{ ;'rgf s]Gb|df o; kmf/d e/L k7fpg' kg]{ . ;fy},
o; kmf/ddf pNn]v ePsf] ljj/0fdf s'g} kl/jt{g ePdf ;f]sf] hfgsf/L o; kmf/fd e/L lbg' kg]{ . t/, rn ;DklQsf]
zfvfpkzfvf M
!
;+o'Qm C[0fL kmd{, sDkgL jf ;+ul7t ;+:yfsf] gfd M
!=!
klxnf] C0fLsf] gfd M
!=!=! /lhi68{ k|df0fkq adf]lhdsf] 7]ufgf M
sfof{nosf] 7]ufgf M
lhNnf M
g=kf=uf=lj=;=M
lhNnf M
g=kf=uf=lj=;=M
j8f g+=M
6f]n M
3/ g=M
j8f g+=M 6f]n M
3/ g+=M
!=!=@ /lhi6]zg g+=M
btf{ u/]sf] ldlt M
btf{ u/]sf] lgsfo M
!=!=# kmf]g g+=M
km\ofS; g+=M
O{d]n M
!=!=$ kfg g+=M
btf{ u/]sf] ldlt M
btf{ u/]sf] lhNnf M
!=@
!=@=!
bf]>f]] C0fLsf] gfd M

/lhi68{ k|df0fkq adf]lhdsf] 7]ufgf M
lhNnf M
g=kf=uf=la=;=M
j8f g+=M
6f]n M 3/ g=M
!=@=@ /lhi6]zg g+=M
btf{ u/]sf] ldlt M
!=@=# kmf]g g+=M
km\ofS; g+=M
!=@=$ kfg g+=M
btf{ u/]sf] ldlt M
sfof{nosf] 7]ufgf M
lhNnf M
j8f g+=M 6f]n M
btf{ u/]sf] lgsfo M
O{d]n M
btf{ u/]sf] lhNnf M
@=-s_ klxnf] C0fLsf k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf]

ljj/0f M -k|fO{e]6 ln= s+= / klAns ln= s+= ePdf !% k|ltzt jf ;f]eGbf
a9L ;]o/ wf/0f ug]{ ;]o/wgLx?sf] dfq gfd pNn]v ug]{ ._
gfd
7]ufgf
;]o/ nufgL k|ltzt
-gful/stf k|df0fkq adf]lhd_
k|f]k|fO6/, ;fem]bf/ / ;~rfnsdWo] h'g

xf] ;f]df -_ lrGx nufpg]
k|f]k|fO{6/
@=-v_ klxnf] C0fLsf k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf] tLgk':t] ljj/0f M
gfd
gful/stf g+= hf/L ldlt hf/L lhNnf
afa'
afh]
>Ldfg\>LdtL
@=! -s_ bf];|f] C0fLsf k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf]

ljj/0f M -k|fO{e]6 ln= s+= / klAns ln= s+= ePdf !% k|ltzt jf ;f]eGbf
a9L ;]o/ wf/0f ug]{ ;]o/wgLx?sf] dfq gfd pNn]v ug]{ ._
gfd
7]ufgf
;]o/ nufgL k|ltzt
-gful/stf k|df0fkq adf]lhd_
s}lkmot
;fem]bf/
cfdf
;~rfns
;;'/f
k|f]k|fO6/, ;fem]bf/ / ;~rfnsdWo] h'g

xf] ;f]df -_ lrGx nufpg]
k|f]k|fO6/
@=! -v_ bf];|f] C0fLsf k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ /jf ;~rfnsx?sf] tLgk':t] ljj/0f M
gfd
gful/stf hf/L
hf/L
afa'
afh]
>Ldfg\>LdtL
g+=
ldlt
lhNnf
213
g=kf=uf=la=;=M
3/ g+=M
s}lkmot
;fem]bf/
cfdf
;~rfns
;;'/f

gfd / 7]ufgf
gful/stf g+=
afa'sf] gfd
afh]sf] gfd
$= sG;g{ ;DaGwL ljj/0f M -C0fL kmd{ / ;f]sf k|f]k|fO6/, ;fem]bf/, ;]o/xf]N8/ / jf ;~rfnsx?sf] JolQmut, ;+o'Qm
jf ;+:yfut ?kdf cGo s'g} kmd{, sDkgL jf ;+ul7t ;+:yfdf !% k|ltzt jf ;f]eGbf a9L ;]o/ :jfldTj ePdf jf
;~rfns ePdf pNn]v ug{' kg{]_
;+nUg AolQmsf] gfd
7]ufgf
;]o/wgL
;]o/ nufgL
;ul7t ;+:yfsf] gfd
;rfns
k|ltzt
%= C0fLn] pkof]u u/]sf] shf{sf] nflu hdfgt lbg] JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfsf]] ljj/0f M
gfd
7]ufgf
gful/stf
gful/stf gful/stf hf/L ePsf] hdfgt lbPsf]
g+= /fxbfgL hf/L ePsf] lhNnf/fxbfgL hf/L
/sd
g+=
ldlt
ePsf] d'n's
hdfgt
lbPsf] shf{
zLif{s
%=! -s_ hdfgt lbg] JolQmsf] ltgk':t]] ljj/0f M

gfd
afa'
afh]
;;'/f
>Ldfg\>LdtL
gfd
7]ufgf
kfg g+=
ldlt
cfdf
hf/L u/]sf]
lgsfo
hdfgt
lbPsf] /sd
hdfgt lbPsf]
shf{ zLif{s
7]ufgf
;]o/wgL;~rfns
;]o/ nufgL k|ltzt
;]o/wgL /jf ;~rfnssf] gfd gful/stf g+=
afa'
afh]
>Ldfg\>LdtL
cfdf
lwtf]sf] k|sf/ lwtf]] /x]sf] :yfg
lwtf]wgLsf]
d"Nof+lst
d"Nofg
-j8f g+= ;lxt_
gfd
/sd
ldlt
d"Nofsgstf{sf]
gfd
;;'/f
lwtf] /flvPsf]
shf{ zLif{s
lwtf]sf]
lwtf]] /x]sf] :yfg
lwtf]wgLsf]
d"Nof+lst
d"Nofg
d"Nofgstf{sf]
lwtf] /flvPsf]
k|sf/
-j8f g+= ;lxt_
gfd
/sd
ldlt
gfd
shf{ zLif{s
===================
===================
===================
tof/ ug]{
r]s ug]{
Joj:yfksk|d'v
214
s=;"=kmf=g+= @
JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfsf] C0f aSof}tf ;DaGwL
@)====== sf] klxnf]bf];|f]t];|f]rf}yf] q}dfl;s ljj/0f
-/sd ?=df_
C0fLsf] gfd M
shf{sf]
lsl;d
shf{ :jLs[t
/sd
=================
tof/ ug]{
ldlt
shf{ nufgL
/sd
ldlt
zfvfpkzfvf M
shf{ vftfsf]
g+= :jfldTj
e'QmfgL x'g' kg]{

ls:tfshf{
/sd
==============
r]s ug]{
ldlt
e'QmfgL
lanDj
ePsf]
lbg
hDdf
p7fpg
afFls
/sd
efvf gf3]sf] ls:tfshf{

shf{sf]
ls:tfshf{ r'Qmf u/]sf]
;'/If0f
/sd
ldlt
=============================
Joj:yfksk|d'v
215
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !#)&@
clgjfo{ df}Hbfta}wflgs t/ntf ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] cfgf] lgIf]k tyf ;fk6L bfloTjsf] cfwf/df
sfod ug'{ kg]{ clgjfo{ df}Hbft tyf t/n ;DklQ Joj:yf ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n]
lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!= clgjfo{ df}Hbft ;DaGwL Joj:yf
-!_ o; a}+saf6 Ohfhtkqk|fKt s ju{sf ;+:yfn] s'n lgIf]k bfloTjsf] ^=) k|ltzt, v ju{sf
ljsf; a}+sn] %=) k|ltzt / u ju{sf ljQ sDkgLn] $=) k|ltzt clgjfo{ df}Hbft jfkt o;
a}+sdf /fVg' kg]{5 .
t/, rNtL / sn vftf afx]ssf cGo lgIf]k dfq ;+sng ug]{ v ju{ / u ju{ Ohfhtkqk|fKt
;+:yfn] s'n lgIf]k bfloTjsf] b'O{ k|ltzt clgjfo{ df}Hbft /fVg' kg]{5 .
-@_ v / u ju{sf Ohfhtkqk|fKt ;+:yfn] o; a}+ssf] sfof{no gePsf] :Yffgdf glhssf] s ju{sf]
Ohfhtkqk|fKt ;+:yfdf o; k|of]hgsf] nflu rNtL vftf vf]nL cfjZos /sd hDdf u/]df klg
clgjfo{ df}Hbftdf u0fgf ul/g]5 .
t/, Aofh cfh{g x'g] u/L s ju{sf] Ohfhtkqk|fKt ;+:yfdf hDdf u/]sf] /sdnfO{ clgjfo{
df}Hbftdf u0fgf ul/g] 5}g . o:tf] vftfsf] hfgsf/L o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf lbg'
kg]{5 .
clgjfo{ df}Hbft k|of]hgsf nflu vf]lng] vftf ;DalGwt ljQLo ;+:yfsf] s]Gb|Lo sfof{no ePsf]
:yfgdf dfq vf]Ng' kg]{5 .
;DalGwt ljQLo ;+:yfsf] s]Gb|Lo sfof{no /x]sf] :yfgdf g]kfn /fi6 a}+ssf] sfof{no gePsf] v08df
glhssf] s ju{sf] Pp6} a}+sdf hDdf u/]sf] /sdnfO{ dfq clgjfo{ df}Hbftdf u0fgf ul/g]5 . o;
a}+ssf] sfof{no afx]s PseGbf a9L a}szfvfdf hDdf u/]sf] /sdnfO{ o; k|of]hgsf nflu of]Uo
dflgg] 5}g .
clgjfo{ df}Hbft u0fgf ug]{ k|of]hgsf nflu vftf vf]lnPsf] a}+saf6 ;DalGwt ljQLo ;+:yfn] s'g} klg
lsl;dsf] ;fk6L;'ljwf pkof]u ug{ kfpg] 5}g . t/, ljkGg ju{ shf{ pknAw ug{u/fpg o;
lgb]{zgn] afwf k'ofPsf] dflgg] 5}g .
-#_ pka'Fbf -!_ adf]lhd /fVg' kg]{ df}Hbft gk'u ePsf] cj:yfdf b]xfo adf]lhd hl/jfgf nufOg] 5 M
-s_ klxnf] k6s clgjfo{ df}Hbft gk'u ePsf] cj:yfdf gk'u eP hlt /sddf k|rlnt a}+s b/sf]
k|ltztn] .
-v_ bf];|f] k6s clgjfo{ df}Hbft gk'u ePsf] cj:yfdf gk'u eP hlt /sddf k|rlnt a}+s b/sf] 8]9L
k|ltztn] .
-u_ t];|f] k6s / ;f] eGbf kl5 hlt k6s gk'u eP klg gk'u eP hlt /sddf k|rlnt a}+s b/sf]
bf]Jj/ k|ltztn] .
t/, ;d:ofu|:t 3f]if0ff u/L lgIf]k :jLsf/ tyf shf{ k|jfxdf k|ltaGw nufPsf] cj:yfdf To:tf] a}+s
jf ljQLo ;+:yfnfO{ hl/jfgf nufpg clgjfo{ x'g] 5}g .
-$_
pka'Fbf -#_ sf] v08 -s_, -v_ / -u_ adf]lhd k6s sfod ubf{ k|To]s cfly{s jif{sf] nflu cnu cnu k6s
sfod ul/g] 5 . hl/jfgfsf] k6s lgwf{/0f ;Ktfxsf] cfwf/df ul/g]5 .
216
-%_
clgjfo{ df}Hbftdf gk'u eP hlt /sddf k|rlnt a}+s b/sf] k|ltztn] ;fKtflxs lx;fjdf hl/jfgf
nufOg]5 / o;/L gk'u eP hltsf] /sdnfO{ a}+s b/sf] k|ltztn] u'0ff u/L jfpGgn] efu ul/g] 5 .
-^_ clgjfo{ df}Hbft u0fgf ;DaGwL k|of]hgsf nflu b]xfosf] k|lqmof ckgfOg]5 M
-s_ clgjfo{ df}Hbftsf] u0fgf ;fKtflxs -k|To]s cfOtjf/b]lv zlgjf/_ ?kdf ul/g] 5 .
-v_ df}Hbftsf] u0fgf ubf{ b'O{ xKtf cl3sf] ;fKtflxs cf};t lgIf]k bfloTjsf] cfwf/df ul/g]5 . s'g}
xKtfdf k'/} lbg ljbf kg{ uPdf To:tf] xKtfsf] cf};t lgIf]k ln+bf 7Ls cl3Nnf] xKtfsf] cf};t
lgIf]knfO{ lng' kg]{5 .
-u_ clgjfo{ df}Hbft u0fgf ug]{ k|of]hgsf] nflu s'n lgIf]k bfloTj / g]kfn /fi6 a+}s df}Hbftsf]
cfOtjf/b]lv zlgaf/;Ddsf] b}lgs df}Hbftsf] s'n of]unfO{ ;ft cn] efu u/L ;fKtflxs
?kdf b}lgs cf};t lgwf{/0f ul/g] 5 . o;/L lgwf{/0f ubf{ ;Ktfxdf s'g} lbg ljbf k/]df cl3Nnf]
lbgsf] df}HbftnfO{ g} ;f] lbgsf] df}Hbft sfod ul/g] 5 .
-3_ o; k|of]hgsf] nflu lgwf{l/t lgb]{zg kmf=g+= !#=! df cfOtjf/b]lv zlgaf/;Ddsf] ljj/0f ljbfsf] lbgdf cl3Nnf] lbgsf] df}Hbft pNn]v ug'{kg]{_ e/L xKtf ljt]sf] ;ft lbgleq clgjfo{
?kdf o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf cfOk'Ug] u/L k7fpg' kg]{5 .
-&_ o; p2]Zosf] nflu Ohfhtkqk|fKt ;+:yfsf] ;Dk"0f{ sfof{nox?nfO{ Pp6} OsfO{ dflgg] 5 .
-*_ o; a}+sdf /x]sf] vftfdf hDDff x'g] u/L km08 6fG;km/sf] l;nl;nfdf dfu{:y (Transit) df kg{ uPsf]
:jb]zL d'b|fsf] /sdnfO{ o; a+}ssf] df}Hbftdf ;dfj]z u/fOg] 5 .
:ki6Ls/0fM
-!_
-@_
o; bkmfsf] k|of]hgsf] nflu s'n lgIf]k eGgfn] Ohfhtkqk|fKt ;+:yfsf] rNtL, sn, art jf d'2lt
vftfdf hDdf ePsf] /sd ;Demg' k5{ / ;f] zAbn] Ohfhtkqk|fKt ;+:yfn] o; a}+sn] tf]s]adf]lhdsf
ljleGg ljQLo pks/0fsf] dfWodaf6 :jLsf/ ug]{ /sd ;d]tnfO{ hgfpF5 .
o; a}+ssf] ;fwf/0f vftfdf ePsf] df}HbftnfO{ dfq clgjfo{ df}Hbftdf u0fgf ul/g] 5 . o; a}+sdf
ljz]if k|of]hgsf] nflu vf]lnPsf] ljz]if vftf tyf ljb]zL d'b|f vftfdf /x]sf] /sdnfO{ o; k|of]hgsf]
nlfu u0fgf ul/g] 5}g .
l6Kk0fLM
-!_
@=
clgjfo{ df}Hbft u0fgf k|of]hgsf] nflu kl/jTo{ ljb]zL d'b|fsf] lgIf]k, sd{rf/L hdfgt tyf dflh{g
vftfdf /x]sf] /sd s'n lgIf]kdf ;dfj]z ul/g] 5}g .
-@_ rNtL vftf eGgfn] dfu]sf] avt hlxn] klg lemSg kfpg] u/L a}+s jf ljQLo ;+:yfdf /flvPsf]
/sdsf] x/lx;fa n]lvPsf] vftf ;Demg' k5{ .
-#_ art vftf eGgfn] a}+s jf ljQLo ;+:yfdf artsf] lgldQ /flvPsf] /sdsf] x/lx;fa n]lvPsf] vftf
;Demg' k5{ .
-$_ d'2lt vftf eGgfn] a}+s jf ljQLo ;+:yfdf lglZrt cjlw;Dd hDdf /xg] u/L /flvPsf] /sdsf]
x/lx;fa n]lvPsf] vftf ;Demg' k5{ .
-%_ clgjfo{ df}Hbft u0fgf ug]{ k|of]hgfy{ g]kfn /fi6 a}+ssf] sfof{no gePsf :yfgx?df /fli6o afl0fHo
a}+s ln= tyf g]kfn a}+s ln= df /x]sf] gf]6sf]ifdf hDdf x'g] dfu{:y gub -Cash in Transit_ ;d]t
;dfj]z ug{ ;lsg]5 . gf]6sf]ifdf /sd /flvPdf jf gf]6sf]ifaf6 /sd lemlsPdf ;DalGwt a}+sn]
To;sf] ljj/0f tTsfn d'b|f Joj:yfkg ljefu / ;DalGwt ;'kl/j]If0f ljefudf ;d]t k7fpg' kg] {5 .
clgjfo{ df}Hbft ;DaGwL cGo Joj:yf
Ohfhtkqk|fKt ;+:yfx?sf] sfo{nfO{ lj:tfl/t, ;xh / ;'ljwfo'Qm agfpg ahf/ lgdf{tfx afx]ssf o;
a}+saf6 Ohfhtkqk|fKt ;+:yfn] klg ;/sf/L ;'/If0fkqsf] ;fFjf tyf Aofh e'QmfgL u/L ;f]sf] zf]wegf{sf]
nflu o; a}+sdf dfu ug{ ;Sg]5g\ . o; a}+saf6 Ohfhtkqk|fKt ;+:yfxsf nflu g]kfn ;/sf/sf]
;'/If0fkqsf] ;fFjf e'QmfgL /sdsf] zf]wegf{ k|fKt gx'Fbf;Ddsf] cjlwsf] nflu pQm /sdnfO{ ;d]t clgjfo{
df}Hbft cg'kftdf u0fgf ul/g] 5 . ;fy}, ;fj{hlgs labf kg{ uO{ ;DalGwt a}+s tyf ljQLo ;+:yfnfO{ ;fFjf
/sd e'QmfgL ug{ g;lsPsf] cj:yfdf ;f] labfsf] cjlwsf] nflu pQm ;fFjf /sdnfO{ o; a}+sdf /fVg' kg]{
clgjfo{ df}Hbft cg'kftdf u0fgf x'g]5 .
217
#=
j}wflgs t/ntf cg'kft -Statutory Liquidity Ratio_ ;DaGwL Joj:yf

Ohfhtkqk|fKt s ju{sf a}+sn] s'n :jb]zL lgIf]ksf] !@ k|ltzt, v ju{sf ljsf; a}+sn] ( k|ltzt,
u ju{sf ljQ sDkgLn] * k|ltzt tyf rNtL / sn lgIf]k ;+sng gug]{ v / u ju{sf ljQLo
;+:yfn] ^ k|ltzt j}wflgs t/ntf cg'kft sfod ug'{ kg]{5 . o; k|of]hgsf] nflu a}+s tyf ljQLo
;+:yfxsf] lgDgfg';f/sf] t/n ;DklQx? u0fgf ul/g] 5 M
-s_ g]kfn ;/sf/sf] ;'/If0fkqdf u/]sf] nufgL,
-v_ clgjfo{ df}Hbft k|of]hgsf nflu g]kfn /fi6 a}+sdf /flvPsf] /sd,
-u_ cfgf] 9's'6Ldf /x]sf] gub df}Hbft,
-3_ v / u ju{sf ;+:yfsf] xsdf clgjfo{ df}Hbft k|of]hgsf nflu jfl0fHo a}+sx?df /x]sf] /sd,
-_ /fli6o:t/ afx]ssf ljQLo ;+:yfx?n] dfu]sf jvt k|fKt x'g] u/L cGo a}+s tyf ljQLo ;+:yfx?df
/fv]sf] /sd,
-;+nUg cg';"rL g]=/f=a}+s lgb]{zg kmf=g+= !#=@ adf]lhd_
Ohfhtkqk|fKt ;+:yfn] sfod ug'{kg]{ j}wflgs t/ntf cg'kft dWo] a'Fbf g+= ! sf] pka'Fbf -!_ df tf]lsP
adf]lhdsf] clgjfo{ df}Hbft cg'kft sfod u/]sf] x'g' kg]{5 .
j}wflgs t/ntf cg'kft u0fgf ;DaGwdf b]xfo adf]lhd Joj:yf ul/Psf] 5 .
-!_ j}wflgs t/ntf cg'kft u0fgf ubf{ 7Ls cl3Nnf] dlxgfsf] cGTodf /x]sf] :jb]zL lgIf]k bfloTjnfO{ cfwf/
dflgg]5 .
-@_ o:tf] cg'kft u0fgf u/L k|To]s dlxgfe/sf] j}wflgs t/ntf cg'kft /sdsf] ljj/0f lgb]{zg kmf=g+=
!#=@ df pNn]v eP adf]lhd k]z ug'{ kg]{5 .
-#_ plNnlvt df}Hbft gk'u ePsf] cj:yfdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf (( sf] pkbkmf -!_ df
ePsf] Joj:yfsf] clwgdf /xL b]xfo adf]lhd hl/jfgf nufOg] 5 M
-s_ klxnf] k6s j}wflgs t/ntf cg'kft gk'u ePsf] cj:yfdf gk'u eP hlt /sddf k|rlnt
a}+sb/sf] k|ltztn] .
-v_ bf]>f] k6s j}wflgs t/ntf cg'kft gk'u ePsf] cj:yfdf gk'u eP hlt /sddf k|rlnt
a}+sb/sf] bf]Aj/ k|ltztn] .
-u_ t]>f] k6s / ;f]eGbf kl5 hlt k6s gk'u eP klg gk'u eP hlt /sddf k|rlnt a+}s b/sf]
t]Aa/ k|ltztn] .
t/, ;d:ofu|:t 3f]if0ff u/L lgIf]k :jLsf/ tyf shf{ k|jfxdf k|ltaGw nufPsf] cj:yfdf To:tf] a}+s
jf ljQLo ;+:yfnfO{ hl/jfgf nufpg clgjfo{ x'g] 5}g .
-$_ pka'Fbf -#_ sf] v08 -s_, -v_ / -u_ adf]lhd k6s sfod ubf{ k|To]s cfly{s jif{sf] nflu cnu cnu
k6s sfod ul/g]5 . hl/jfgfsf] k6s lgwf{/0f dlxgfsf] cfwf/df ul/g]5 .
-%_ j}wflgs t/ntf cg'kft gk'u eP hlt /sddf k|rlnt a}+sb/sf] k|ltztn] dfl;s lx;fjdf hl/jfgf
nufOg]5 / o;/L gk'u eP hltsf] /sdnfO{ a+}sb/sf] k|ltztn] u'0ff u/L afx|n] efu ul/g]5 .
-^_ j}wflgs t/ntf cg'kft gk'u ePsf] cj:yfdf hl/jfgfsf] k|of]hgsf nflu o; a}+sn] tf]s] adf]lhd
k|sflzt u/]sf] a}+sb/nfO{ g} cfwf/ lnOg]5 .
b|i6JoM != o; bkmfsf] k|of]hgsf] nflu ;/sf/L ;'/If0fkq eGgfn] g]kfn ;/sf/n] hf/L u/]sf] artkq, ljsf;
C0fkq, 6]h/L laN; tyf o; a}+sn] tf]s]sf] cGo ;'/If0fkq ;Demg' k5{ .
t/, ahf/ lgdf{tf -Market Maker_ sf] ?kdf sfo{ ul//x]sf a}+s tyf ljQLo ;+:yfx?n] sf/f]af/ Trading_ k|of]hgsf] nflu g]kfn /fi6 a}+s, /fi6 C0f Joj:yfkg ljefu cGtu{tsf] ljz]if vftf Special
Account_
df /x]sf] ;/sf/L ;'/If0fkqsf] /sd lgtfGt sf/f]af/
-Trading_ k|of]hgsf] nflu dfq x'g] x'Fbf ;f] ;'/If0fkqsf] /sd j}wflgs t/ntf cg'kft (Statutory
Liquidity Ratio, SLR) k|of]hgsf] nflu ;/sf/L ;'/If0fkqdf u0fgf ug{ kfOg] 5}g .
@= j}wflgs t/ntf cg'kft ljj/0f k|To]s dlxgf ;dfKt ePsf] kGw| lbgleq k7fpg' kg]{5 .
218
$=
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] clgjfo{ df}Hbft ;DaGwL Joj:yf O=k|f lgb]{zg g+= !#)&! af6 hf/L ul/Psf]
lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf clgjfo{ df}Hbftj}wflgs t/ntf
cg'kft;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
219
g]=/f= a}+s lgb]{zg kmf=g+=!#=!

s, v / u ju{sf Ohfhtkqk|fKt ;+:yfn] sfod /fVg' kg]{ clgjfo{ df}Hbft ;DaGwL
;fKtflxs ljj/0f **
ldlt @) ===== ;fn ======== dlxgf ====== ut]b]lv @) ====== ;fn ========= dlxgf======== ut];Ddsf] lgIf]k +
-?=xhf/df_
cfOtaf/ ;f]daf/ d+unaf/
s'n lgIf]k bfloTj
-s_ g]kfn /fi6 a}+sdf /x]sf]
df}Hbft
-ldlt @)===
;fn======dlxgfb]lv ====;DDf_
-g]kfn /fi6 a}+s /]s8{ cg';f/_
-v_* sju{sf]
Ohfhtkqk|fKt
a}+sdf rNtL vftfdf /x]sf]
df}Hbft
-u_ v'b dfu{:y gub -!@+#_
-!_ gf]6sf]ifdf hDdf ul/Psf]
/sd
-@_ gf]6sf]ifaf6
lemlsPsf]
/sd
-#_ cGo
-3_ ;/sf/L C0fkqartkqsf]
;fFjf e'QmfgL /sd
-_ clgjfo{ df}Hbft k|ltzt
-r_ ;fk6L lnPsf] s'n /sdsf]
ljj/0f
* v / u ju{sf Ohfhtkqk|fKt ;+:yfsf] xsdf dfq .
a'waf/
ljxLaf/
z'qmaf/ zlgjf/
hDdf
cf}ift
+ b'O{ xKtf cl3sf] ;fKtflxs cf}ift lgIf]k bfloTj

ldltM @)^ . .
ljj/0f k]z ug]{ clws[tsf] b:tvt
bhf{
gfd / y/
-s_
s'n lgIf]k eGgfn] rNtL, art / d'2lt vftfsf] /sd tyf dfu]sf avt e'QmfgL lbg' kg]{ /sd / ;l6{lkms]6 ckm l8kf]lh6
;Demg' k5{ . o; k|of]hgsf] nflu kl/jTo{ ljb]zL d'b|fsf] lgIf]k, sd{rf/L hdfgt tyf dflh{g vftfdf /x]sf] /sd ;dfj]z x'g]
5}g .
-v_
d'2lt lgIf]k eGgfn] lglZrt cjlw;Dd hDdf /xg] u/L /flvPsf] :jb]zL d'b|fsf] lgIf]k ;Demg' k5{ .
-u_
rNtL, sn / art lgIf]k eGgfn] d'2lt lgIf]k afx]ssf ;a} k|sf/sf lgIf]k ;Demg' k5{ .
-3_
o; a}+ssf] ;fwf/0f vftfdf ePsf] df}HbftnfO{ dfq clgjfo{ df}Hbftdf u0fgf ul/g] 5 . o; a}+sdf ljz]if k|of]hgsf] nflu
vf]lnPsf] ljz]if vftf tyf ljb]zL d'b|f vftfdf /x]sf] /sdnfO{ o; k|of]hgsf] nflu u0fgf ul/g] 5}g .
220
Ohfhtkqk|fKt ;+:yfsf nflu

j}wflgs t/ntf cg'kft -SLR_ ;DaGwL ljj/0f
-dfl;s_
@) === ;fn ==================== dlxgf .
ut]
;/sf/L
;'/If0f
kqdf
u/]sf]
nufgL
clgjfo{
df}Hbft
k|of]hgfy{
g]kfn /fi6
a}+sv /
u ju{sf
;+:yfsf] xsdf
jfl0fHo a}+s
;d]tdf /x]sf]
/sd **
dfu]sf
jvt s'n
k|fKt j}wflgs
9's'6Ldf
x'g] t/ntf
/x]sf] gub
/sd
df}Hbft
***
ut]
!
@
#
$
%
^
&
*
(
!)
!!
!@
!#
!$
!%
!^
sfod u/]sf] cf};t j}wflgs t/ntf -s_
cl3Nnf] dlxgfsf] cGTodf /x]sf] :jb]zL lgIf]k bfloTj -v_
sfod ug'{ kg]{ j}wflgs t/ntf cg'kft -u_-v_ x %
a9Lgk'u /sd -3_ -s_-u_
;/sf/L
;'/If0f
kqdf
u/]sf]
nufgL
g]= /f a}+s lgb]{zg kmf=g+=!#=@
clgjfo{
df}Hbft
k|of]hgfy{
g]kfn /fi6
a}+sv/ u
ju{sf ;+:yfsf]
xsdf jfl0fHo
a}+s ;d]tdf
/x]sf] /sd **
9's'6Ldf
/x]sf]
gub
df}Hbft
dfu]sf
jvt
k|fKt
x'g]
/sd
***
s'n
j}wflgs
t/ntf
!&
!*
!(
@)
@!
@@
@#
@$
@%
@^
@&
@*
@(
#)
#!
#@
o; a}+ssf] ;fwf/0f vftfdf ePsf] df}HbftnfO{ dfq clgjfo{ df}Hbftdf u0fgf ul/g] 5 . o; a}+sdf ljz]if k|of]hgsf]
nflu vf]lnPsf] ljz]if vftf tyf ljb]zL d'b|f vftfdf /x]sf] /sdnfO{ o; k|of]hgsf] nflu u0fgf ul/g] 5}g . ;fy},
j}wflgs t/ntfdf clgjfo{ df}Hbft /sd u0fgf ubf{ dlxgfe/sf] cf};t df}Hbft /sd ;dfj]z ug'{ kg]{5 .
*** /fli6o:t/ afx]ssf ljQLo ;+:yfx?n] dfu]sf jvt k|fKt x'g] u/L cGo a}+s tyf ljQLo ;+:yfx?df /fv]sf] /sd eGg]
a'em\g' kb{5 .
ldltM
clws[tM
**
221
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !$)&@
zfvfsfof{no vf]Ng] ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfsf] zfvfsfof{no vf]Ng] Joj:yfsf ;DaGwdf

g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 M
!= zfvfsfof{no vf]Ng] ;DaGwL Joj:yf
-s_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] zfvf sfof{no vf]Ng o; a}+ssf] k'j{ :jLs[lt lng' kg]{5 .
-v_ b]xfosf] cj:yf k'/f u/]sf Ohfhtkqk|fKt ;+:Yffn] cfgf] sfo{If]q leq gofF zfvf sfof{no vf]Ng
;Sg]5g\M
-c_ zfvf lj:tf/ ug{sf nflu k|:tfljt :yfg ljQLo ?kn] ;DefJo /x]sf] :ynut cWoog k|ltj]bg
tof/ ug'{ kg]{ .
-cf_ o; a}+ssf] gLltut Joj:yf tyf lgb]{zg adf]lhd tf]lsPsf] Go'gtd r'Qmf k'FhL sfod u/]sf] .
-O_ o; a}sjf6 Ohfhtkq k|bfg ubf{ tf]lsPsf zt{x? k'/f ug{'sf ;fy} zfvf vf]Ng' cufl8sf]
q}dfl;s ljQLo ljj/0fdf o; a}+sn] tf]s]sf] k'FhLsf]if k'/f u/]sf] .
-O{_ zfvf sfof{nodf ;'rgf cfbfg k|bfg ug{sf] nflu g]6jls{ (Networking) u/L jf ljB'tLo
dfWodjf6 s]Gb|Lo sfof{nodf ;'rgf k|0ffnLdf tTsfn cfj4 x'g ;Sg] Joj:yf u/]sf] .
-p_ 7Ls cl3Nnf] qodf;df lgliqmo shf{{ (NPL) % k|ltzteGbf a9L gePsf] .
-pm_ ;DalGwt ;+:yfsf] ;~rfns ;ldltaf6 zfvf sfof{no :yfkgf;~rfng ug]{ ;DaGwL lg0f{o
ePsf] x'g' kg]{ . ;~rfns ;ldltn] lg0f{o u/]sf] ldltn] !% lbgleq o; a}+s ;dIf ;+nUg
cg';"rL !$=! adf]lhdsf] 9fFrfsf] kmf/d e/L :jLs[ltsf] nflu cfj]bg lbg' kg]{ . o; a}+saf6
:jLs[lt kfPsf] ldltn] 5 dlxgfleqdf zfvf sfof{no vf]nL sf/f]af/ ;~rfng ul/ ;Sg' kg]{ .
-P_ u ju{sf O{hfhtkqk|fKt ;+:yfsf] xsdf pkv08 -cf_ adf]lhdsf] Go'gtd r'Qmf k'FhL k'/f
ug'{sf cltl/Qm k|lt zfvf ?= %) nfvsf b/n] cltl/Qm r'Qmf k'FhL yk ul/;s]sf] cj:yfdf
sf7df08f}+ pkTosf aflx/ Pp6f / k|lt zfvf ?= @=)) s/f]8sf b/n] cltl/Qm r'Qmf k'FhL yk
ul/;s]sf] cj:yfdf sf7df08f}+ pkTosfdf Pp6f gofF zfvf sfof{no vf]Ng ;Sg] .
-P]_ pkv08 -P_ df h'g;'s} s'/f n]lvPsf] ePtf klg Ohfhtkqk|fKt s, v / u ju{sf a}+s
tyf ljQLo ;+:yf jf ltgsf b'O{ jf ;f] eGbf sd zfvf /x]sf sf7df08f}+ pkTosf afx]ssf
gu/kflnsf jf ufpF ljsf; ;ldlt jf a}+s tyf ljQLo ;+:yfxsf] pkl:ylt Go'g /x]sf
tf]lsPsf !$ lhNnfdf zfvf lj:tf/ u/]df cltl/Qm r'Qmf k'FhL yk ug'{ kg]{ Joj:yfdf 5'6
lbOg]5 .
-u_ s'g} lhNnfleq % jf ;f]eGbf a9L a}+ls OsfO{ ePsf] cj:yf /x]tfklg s'g} ufFp ljsf; ;ldlt jf
gu/kflnsfdf s'g} klg a}+ls sf/f]af/ ug]{ OsfO{ gePsf] ljz]if Joj:yf cGtu{t ;+:yfkgf eO{ ljQLo
sf/f]af/ ;~rfng ul//x]sf ljQLo ;+:yfx?n] zfvf sfof{no tyf cGo s'g} lsl;dsf] yk sfof{no
vf]Ng kfpg] 5}g .
t/, o;/L ljz]if Joj:yf cGtu{t :yfkgf ePsf ljQLo ;+:yfsf] sfo{If]q cGtu{tsf] uf=lj=;= jf
gu/kflnsfdf cGo s'g} a}+s jf ljQLo ;+:yfsf] zfvf sfof{no g/x]sf] cj:yfdf o; a}+ssf] :jLs[lt
lnO{ zfvf sfof{no vf]Ng o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
222
-3_ zfvf sfof{no vf]Ng] lg0f{o ubf{ jf ;~rfngsf] ;dodf dfly plNnlvt zt{ tyf Joj:yfx? k'/f
gePsf / Joj:yfkg ;'wf/sf] k|lqmofdf /x]sf ;+:yfx?n] laz]if cj:yfdf o; a}sn] tf]lslbPsf]
zt{x?sf] clwgdf /xL zfvf sfof{nocGo sfof{no :yfkgf ug{ kfpg]5 .
-_ zfvf lj:tf/ ug{ :jLs[lt k|bfg ubf{ k|:tfljt If]qsf] Jofj;flos sf/f]af/, a}+ls ;]jfsf] kx'Fr tyf
pQm a}+s jf ljQLo ;+:yfaf6 s[lif, phf{, ko{6g / n3' pBdsf] If]qdf shf{ k|jfxdf x'g ;Sg] j[l4sf]
l:ylt emNsg] u/L k]z ul/Psf] ;DefJotf cWoog k|ltj]bg ;d]tnfO{ cfwf/ agfOg] 5 . zfvf
:yfkgfsf] nflu k]z ul/g] ;DefJotf cWoog k|ltj]bgdf k|:tfljt zfvf :yfkgfsf nflu x'g] k'FhLut
tyf cGo vr{x?, tLg jif{leqdf ;f]xL ;+:yfsf] cGt/zfvf Aofh cfDbfgL afx]ssf a}+ls sf/f]af/af6
k|:tfljt zfvf d'gfkmfdf ;+rflnt x'g ;Sg] cfwf/ ;d]t ;dfj]z ug'{ kg]{5 .
-r_ s ju{ / /fli6o:t/sf v ju{sf Ohfhtkqk|fKt ;++:yfx?n] a}+s tyf ljQLo ;+:yfxsf] pkl:ylt
Go'g /x]sf tf]lsPsf !$ lhNnfdf zfvf vf]n]df ;b/d'sfddf ?= %) nfv;Dd / ;b/d'sfdeGbf
aflx/ = ! s/f]8;Dd o; a}+saf6 z'Go Aofhb/df shf{ ;'ljwf pknAw u/fpg ;lsg] 5 . t/, k|d'v
/fhdfu{ / ;f];Fu hf]l8Psf uf=lj=;=gu/kflnsfdf vf]lng] zfvfsf] nflu o:tf] ;'ljwf pknAw
u/fOg] 5}g . z'Go Aofhb/df shf{ k|jfx ;DaGwL k|lqmofut Joj:yf, @)^& tyf td;'s cg';"rLdf
;+nUg ul/Psf] 5 .
o; Joj:yf adf]lhd z'Go Aofhb/df shf{ lng rfxg] jfl0fHo a}+sx?n] o; a}+saf6 hf/L lgb]{zg
adf]lhd s[lif / phf{ If]qdf ug'{kg]{ nufgL k'/f u/]sf] cj:yfdf dfq o:tf] shf{ ;'ljwf pknAw
u/fOg] 5 .
-5_ sf7df8f}+ pkTosf aflx/ b]xfo adf]lhd tLgj6f zfvf vf]nL ;~rfngdf NofP kZrft dfq sf7df8f}+
pkTosfleq Ps zfvf vf]Ng :jLs[lt k|bfg ug{ ;lsg] 5 . pkTosf leq zfvf vf]Ng lgj]bg k]z ubf{
o;/L vf]lng] zfvfsf] nflu aflx/ vf]lnPsf zfvfx?sf] ljj/0f k]z ug'{kg]{5 . ;fy}, pkTosfleq
zfvf vf]Ng :jLs[lt lbFbf rqmky aflx/ tyf uf=lj=;=x?df vf]Ng k|fyldstf lbOg] 5 .
-c_ o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfxsf] pkl:ylt Go'g /x]sf tf]lsPsf !$
lhNnfdf sDtLdf Ps zfvf /
-cf_ sf7df08f} pkTosf aflx/ cGoq b'O{ zfvf . o; dWo] lhNnf ;b/d'sfd tyf gu/kflnsf eGbf
aflx/ sDtLdf Ps zfvf x'g'kg]{5 .
t/, pko'{Qm Joj:yfn] b]xfo adf]lhdsf :yfgdf zfvf lj:tf/ ug{ afwf k'ofPsf] dflgg] 5}g .
/fli6o:t/sf ;+:yfx? afx]ssf Ohfhtkqk|fKt ;+:yfx?sf] xsdf cfgf] :jLs[t sfo{If]qleq
zfvf sfof{no :yfkgf ug{ .
s ju{sf Ohfhtk|qk|fKt ;++:yfsf] ?kdf :yflkt gofF a}+ssf] sf7df08f}+ pkTosfleq s]Gb|Lo
sfof{noskf]{/]6 sfof{no / Pp6f zfvf sfof{no :yfkgf ug{ .
cfoft lgof{t Jofkf/sf nflu k|d'v eG;f/ gfsf dflgPsf sfFs8lef, lj/f6gu/, jL/u+h,
e}/xjf, g]kfnu+h / wgu9Ldf PsPsj6f zfvf sfof{no :yfkgf ug{ .
-h_ s'g} Ohfhtkqk|fKt a}s jf ljQLo ;+:yfn] o; a}+saf6 ;d:ofu|:t 3f]if0ff ul/Psf a}+s jf ljQLo
;+:Yffsf] zfvf vl/b ug]{ ePdf b'j} ;+:yfn] k|rlnt sfg'g tyf cfgf] cfly{s k|zf;g ljlgodfjnLsf]
clwgdf /xL zfvf vl/b laqmL ug{ ;Sg]5g\ . o;/L vl/b u/]sf] zfvf pkTosf leqsf] ePsf] sf/0fn]
v08 -5_ adf]lhdsf] Joj:yf kfngf x'g g;Sg] ePdf zfvf vl/b u/]sf] Ps jif{ leq zfvf vl/b
ug]{ a}+s jf ljQLo ;+:yfn] o; lgb]{zg adf]lhd sf7df8f}+ pkTosf aflx/ tLgj6f zfvf vf]nL ;Sg'
kg]{5 .
t/ o; a}+saf6 ;d:ofu|:t 3f]if0ff geO{ ljz]if lgu/fgLdf /x]sf a}+s jf ljQLo ;+:yfsf] zfvf
sfof{no vl/b laqmL ;DaGwdf o; a}+ssf] k'j{ :jLs[lt lnP/ dfq ug{u/fpg ;lsg] 5 .
-em_ o; lgb]{zgsf] k|of]hgsf nflu ef]hk'/, cf]vn9+'uf, dgf, ?s'd, ;Nofg, h'Dnf, d'u', x'Dnf, sflnsf]6,
8f]Nkf, hfh/sf]6, aemf, afh'/f, / bfr'{nf u/L !$ lhNnfx?nfO{ a}+s tyf ljQLo ;+:yfxsf]
pkl:ylt Go'g /x]sf lhNnfx? egL tf]lsPsf] 5 .
223
@=
#=
$=
%=
s]Gb|Lo sfof{no, zfvf jf s'g} lsl;dsf] sfof{no aGb ug{], :yfgfGt/0f ug]{, ufEg] tyf 7]ufgf kl/jt{g
;DaGwL Joj:yf
-s_ Ohfhtkqk|fKt ;+:yfn] o; a}+ssf] k'j{ :jLs[lt lagf zfvf jf s'g} klg lsl;dsf] sfof{no aGb ug{
jf :yfgfGt/0f ug{ jf ufEg kfpg] 5}gg\ .
-v_ Ohfhtkqk|fKt ;+:yfn] dxfgu/kflnsf, pk dxfgu/kflnsf / gu/kflnsfsf] ;f]xL j8fleq tyf
uf=lj=;=sf] xsdf ;f]xL uf=lj=;=leq zfvf sfof{no :yfgfGt/0f ug'{ k/]df Ohfhtkqk|fKt ;+:yfsf]
;~rfns ;ldltsf] lg0f{ofg';f/ :yfgfGt/0f u/L & lbgleq ;f]sf] hfgsf/L o; a}+snfO{ lbg' kg]{5 .
-Uf_ Ohfhtkqk|fKt ;+:yfn] s]Gb|Lo/lhi68{ sfof{no -skf]{/]6 sfof{no_ sf] 7]ufgf kl/jt{g ug{ jf
:yfgfGt/0f ug{ rfx]df o; a}ssf] :jLs[lt lnO{ k|rlnt sfg'gsf] clwgdf /xL cfgf] k|aGwkq tyf
lgodfjnLdf ;+zf]wg u/L ug{ ;Sg] 5g\ .
zfvfpkzfvfx? k'j{jt :yfgdf sfod ug]{ ;DaGwdf
ljutdf ;'/Iffsf] sf/0faf6 o; a}+ssf] :jLs[lt lnO{glnO{ o; a}+snfO{ ;'rgf dfq lbP/ aGb ul/Psf
uflePsf zfvfpkzfvfx? k'j{jt ?kdf ;~rfng ug{ o; a}+ssf] :jLs[lt lnO/xg' kg]{5}g . To;/L k'j{jt
?kdf ;~rfng eP kl5 ;f] sf] hfgsf/L & lbgleq o; a}+snfO{ lbg' kg]{5 .
sfof{no ;do ;DaGwL Joj:yf
g]kfn /fi6 a}+s v'n]sf] lbg / ;dodf Ohfhtkqk|fKt ;+:yfx?n] clgjfo{ ?kdf cfgf] sfof{no ;~rfng ug'{
kg]{5 . t/, Ohfhtkqk|fKt ;+:yfx?n] g]kfn /fi6 a}+s v'n]sf] lbg / ;dosf cltl/Qm ;do tyf cGo ljbfsf
lbg / ;dodf cfgf] sf/f]af/ ;~rfng ug'{ k/]df o; a}ssf] a+}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt
;'kl/j]If0f ljefudf ;f]sf] k'j{ hfgsf/L lnlvt ?kdf lbO{ sf/f]af/ ;~rfng ug{ ;Sg] 5g\ .
PS;6]G;g sfp06/ ;DaGwL Joj:yf

Ohfhtkqk|fKt ;+:yfx?n] PS;6]G;g sfp06/ vf]Ng] ;DaGwdf b]xfo cg';f/sf] zt{x? k'/f ug'{
kg]{5 M
-s_ o; a}+sn] tf]s]sf] Go'gtd k'FhLsf]if sfod u/]sf] .
-v_ o; a}+sn] tf]s]sf zfvf sfof{no :yfkgfsf] nflu cfjZos kg]{ Go'gtd zt{x? h:t} k'FhL of]hgf
cg';f/sf] Go'gtd r'Qmf k'FhL, lgliqmo shf{ cg'kft nufotsf zt{x? k'/f u/]sf] .
-u_ sf7df08f} pkTosf, dxfgu/kflnsf / pkdxfgu/kflnsf afx]ssf If]qdf dfq PS;6]G;g sfp06/
vf]Ng ;lsg] 5 . t/, Jofkfl/s pT;j, d]nf, k]G;g ljt/0f tyf cfjlws3'DtL ahf/ ;~rfng x'g]
:yndf a9Ldf #% lbgsf] nflu lgIf]k ;+sng, r]ssf] e'QmfgL / ljb]zL d'b|fsf] ;6xL sfo{ dfq ug]{
u/L o; a}+snfO{ k'j{ hfgsf/L lbO{ To:tf] PS;6]G;g sfp06/ vf]Ng ;lsg]5 .
-3_ v08 -u_ df plNnlvt If]qafx]ssf :yfgdf Ohfhtkqk|fKt ;+:yfn] o; a}+ssf] k'j{ :jLs[lt lnO{
PS;6]G;g sfp06/ vf]Ng ;Sg]5g\ o;/L vf]lnPsf PS;6]G;g sfp06/af6 lgIf]k ;+sng, /]ld6\ofG;sf]
e'QmfgL / lgIf]k vftfaf6 e'QmfgL ug{] sfo{ dfq ug{ kfOg]5 . ljb]zL d'b|fsf] vl/blaqmL sfo{sf]
xsdf o; a}+ssf] ljb]zL ljlgdo ljefusf] Ohfhtkq cfjZos kg{]5 .
-_ Ohfhtkqk|fKt ;+:yfnfO{ o; a}ssf] k'j{ :jLs[lt k|fKt u/L cbfnt kl/;/, c:ktfn, ;}lgs Aof/]s,
ljZjljBfno, SofDk;, ljBfno, ;/sf/L sfof{no, cf}Bf]lus If]q, ljb]zL s'6g}lts lgof]ux?sf]
xftfleq tyf ljb]zdf sfd ug]{ g]kfnLsf] nflu k]G;g ljt/0f tyf /fhZj ;+sng;/sf/L sf/f]af/
;~rfng ug]{ k|of]hgsf] nflu vf]lng] sfp06/x?af6 :jb]zL d'b|fdf lgIf]k ;+sng tyf e'QmfgL ug{
afx]s cGo s'g} klg ljQLo sf/f]af/ ug{ gkfOg] u/L PS;6]G;g sfp06/ ;~rfng ug{ :jLs[lt k|bfg
ug{ ;lsg]5 .
;fy}, o;/L vf]l+ng] PS;6]G;g sfp06/ ;DaGwL :jLs[lt k|bfg ubf{ v08 -u_ sf] Joj:yf nfu" x'g]
5}g .
-r_ zfvf sfof{no :yfkgflj:tf/ ug{ tf]lsPsf zt{x? k'/f u/]sf Ohfhtkqk|fKt ;+:yfx?n] o; a}+ssf]
k'j{:jLs[lt k|fKt u/L j}b]lzs /]ld6\ofG; /sd e'QmfgL ug]{ k|of]hgsf] nflu /]ld6\ofG; e'QmfgL sfp06/
;~rfng ug{ ;Sg]5g\ .
224
^=
-5_ Ohfhtkqk|fKt ;+:yfn] PS:6]G;g sfp06/sf] nflu ;DalGwt zfvf tf]Sg' kg]{5 .
-h_ rfn' tyf ljut cfly{s jif{df ljkGg ju{ shf{ ;DaGwL s'g} hl/jfgfsf/jfxL ul/Psf ;+:yfx?
PS;6]G;g sfp06/ :yfkgf ug{ cof]Uo x'g]5g\ .
-em_ PS:6]G;g sfp06/ zfvfdf kl/jt{g x'g] ePdf zfvf :yfkgf ;DaGwL gLltut k|lqmof k'/f ug'{
kg]{5 .
-`_ o; a}+saf6 Ohfhtkqk|fKt cGo a}+s tyf ljQLo ;+:yfx?sf] pkl:ylt gePsf] :yfga:tLdf
PS:6]G;g sfp06/ vf]Ng k|fyldstf lbOg] 5 .
;Dks{k|ltlglw sfof{no ;DaGwL Joj:yf
b]xfosf cj:yf k'/f u/]sf s ju{sf a}+sx?n] o; a}+ssf] :jLs[lt lnO{ ljb]zdf ;Dks{k|ltlglw sfof{no
vf]Ng ;Sg] 5g\M
-s_
-v_
-u_
-3_
o; a}+sn] tf]s]sf] Go'gtd r'Qmf k'FhL k'/f u/]sf] .

ljut Ps jif{ b]lv lgoldt ?kdf o; a}+sn] tf]s]sf] k'FhLsf]if sfod u/]sf] .
ljut tLg jif{b]lv lgliqmo shf{ cg'kft % k|ltzteGbf sd /x]sf] .
;+:yf / ;+:yfsf ;~rfnsnfO{ o; a}{+saf6 s'g} sf/jfxL ul/Psf] eP To:tf] sf/jfxL ePsf] ^
dlxgf k'/f eO;s]sf] .
dfly plNnlvt of]Uotf k'u]sf OR5's a}+sn] ;j{k|yd ;}4flGts ;xdltsf] nflu o; a}+s ;dIf cfj]bg
ug'{ kg]{5 . o;/L cfj]bg ubf{ b]xfo adf]lhdsf sfuhftx? k]z ug'{ kg]{5M
-s_ ;~rfns ;ldltsf] lg0f{o .
-v_ ;DalGwt b]zsf] lgofds lgsfosf] gLltut Joj:yf / ;f]sf] kfngf ug{ ;Sg] ;DaGwdf a}+ssf]
tkm{af6 ul/Psf] :j3f]if0ff .
-u_ ;+efJotf cWoog k|ltj]bg .
-3_ ljut # jif{sf] jflif{s ljQLo ljj/0f .
pko{'Qm adf]lhd k]z x'g cfPsf] sfuhft cWoog u/L ;Dks{k|ltlglw sfof{no vf]Ng] ;}4flGts ;xdlt
k|bfg ug{ dgfl;j b]lvPsf] v08df ^ dlxgfleq ;DalGwt b]zsf] lgofds lgsfoaf6 ;Dks{k|ltlglw
sfof{no vf]Ng] :jLs[lt k|fKt u/L clGtd :jLs[ltsf] nflu o; a}+s ;dIf cfj]bg ug'{ kg]{ u/L cjlw
tf]sL ;}4flGts ;xdlt k|bfg ul/g] 5 . clGtd :jLs[ltsf] nflu cfj]bg k]z x'g cfPdf a}+sn] cfjZos
hfFra'em u/L b]xfosf zt{ tyf cGo cfjZos yk zt{ ;d]t tf]sL clGtd :jLs[lt k|bfg ug{] 5 .
-s_ clGtd :jLs[lt k|fKt u/]sf] ^ dlxgfleq To:tf] ;Dks{k|ltlglw sfof{no vf]nL sfof{no ;~rfng
ul/;Sg' kg]{5 / ;f]sf] hfgsf/L o; a}+snfO{ lbg' kg]{5 .
-v_ ;Dks{k|ltlglw sfof{no ;~rfngsf] nflu x'g] ljb]zL d'b|f vr{sf] nflu o; a}+ssf] ljb]zL
ljlgdo Joj:yfkg ljefuaf6 :jLs[lt lng' kg]{5 .
&=
3'DtL a}+ls;]jf ;DaGwL Joj:yf

Ohfhtkqk|fKt s ju{ / /fli6o:t/sf v / u ju{sf ;+:yfx?n] a}+ls ;'ljwfsf] kx'Fr gePsf]
:yfgdf b]xfosf] gLltut Joj:yf tyf zt{x?sf] clwgdf /xL ;jf/L ;fwgdf sfof{no /fv]/ 3'DtL
a}+ls;]jf ;~rfng ug{ ;Sg]] 5g\ .
!= 3'DtL a}+ls ;]jf sf7df08f}+ pkTosfsf] dxfgu/kflnsf, pkdxfgu/kflnsf / gu/kflnsf afx]s
b]ze/ s'g} klg :yfgdf cfgf] a}+ssf] s'g} lghssf] zfvfnfO{ ;Dks{lgoGq0f sfof{no tf]s]/
;~rfngsfof{Gjog ug'{ kg]{5 .
@= 3'DtL a}+ls;]jfdf ;+nUg x'g] gub, dfu{:y gub -Cash in Transit_, ;jf/L ;fwg, sd{rf/L tyf cGo
;DklQsf] aLdf u/]sf] x'g' kg]{5 .
225
#=
*=
;DalGwt a}+s tyf ljQLo ;+:yfn] of] ;]jf ;~rfng ubf{ cfOkg]{ ;'/Iff k|0ffnL nufotsf ;Dk"0f{
hf]lvd klxrfg / Joj:yfkg cfkm}+n] ug{' kg]{5 .
$= 3'DtL a}+ls;]jf pknAw u/fP afkt ljBdfg k|rlnt ;]jf z'Ns afx]s cGo s'g}klg ;]jfz'Ns
;]jfu|fxL;Fu lng kfOg] 5}g . sf/f]af/sf] ljj/0f / k|efj u|fxssf] vftfdf tTsfn emNsg] Joj:yf
ug'{ kg]{5 .
%= 3'DtL a}+ls ;]jf pknAw u/fpg] :yfg cflbsf] ;DaGwdf cfjZostf cg';f/ g]kfn ;/sf/sf]
;DalGwt lgsfo jf clwsf/Lsf] :jLs[lt lng' kg]{5 . cfjZostfg';f/ :yfgLo k|x/L, k|zf;g;Fu
t'?Gt ;Dks{ ug{u/fpg ;Sg] u/L cfw'lgs ;+rf/ ;fwgsf] ;'ljwf x'g' kg]{5 .
^= ;'/Iff l:ylt tyf :yfg ljZf]if x]/L 3'DtL a}+ls ;]jf ;~rfng ug{ rfxg] ;+:yfn] sf/f]af/ /sdsf]
;Ldf cfkm}+ lgwf{/0f ug{ ;Sg] 5g\ .
&= 3'DtL a}+ls+usf] dfWodaf6 g]kfnL ?k}+ofdf dfq lgIf]k tyf e'QmfgL ;]jf k|bfg ug'{ kg]{5 .
*= 3'DtL a}+ls ;]jf pknAw u/fOg] :yfgdf xltof/ ;lxtsf] ;'/Iff uf8{ x'g' kg]{5 .
(= a}+ssf] cfGtl/s n]vfk/LIf0f ljefun] 3'DtL a}+lssf/f]af/nfO{ ;'/lIft agfpg lglZrt dfkb08 agfO{
cfGtl/s n]vfk/LIf0fdf ;f] ;DaGwL sf/f]af/nfO{ ;d]t ;d]6\g' kg]{5 .
!)= 3'DtL a}+ls;]jf ;~rfng ug]{ ;+:yfn] u|fxssf] lgIf]k ;DaGwL sf/f]af/ tyf /]ld6\ofG; ;]jf pknAw
u/fpg] afx]ssf cGo ;]jf ;'ljwf k|bfg ug{ kfOg] 5}g .
!!= ;DalGwt a}+s tyf ljQLo ;+:yfn] of] ;]jf ;~rfng ubf{ k|of]u ug]{ ;jf/L ;fwgdf cfjZos ;]jf
k|bfg ug{ k"jf{wf/ / ;'rgf k|0ffnL h8fg u/]sf] x'g' kg]{5 .
!@= 3'DtL a}+ls;]jfdf hfg] sd{rf/Ln] :jLs[t ef}uf]lns If]qdf dfq uPsf] k|dfl0ft x'g] ;jf/L ;fwgsf]
nu a's tyf cGo sfuhft tof/ ug'{ kg]{5 .
!#= a}+ssf] Network / Database k"0f{ ;'/lIft x'g' kg]{5 . k|fljlws Joj:yfkgdf s'g} ;d:of cfO{ lgIf]k
tyf e'QmfgL sf/f]af/ k|efljt eO{ Database Iflt ePdf ;f] Ifltsf] k"0f{ hjfkmb]lxtf ;DalGwt a}+s
tyf ljQLo ;+:yfsf] g} x'g]5 .
!$= Software Data nfO{ ;+:yfsf] s]Gb|Lo ;'rgf k|0ffnLdf tTsfn k|jfx / ;'rgf ljlgdo ug{ Joj:yf
ldnfpg' kg]{5 .
!%= 3'DtL a}+ls sf/f]af/ ug]{ ;DaGwL lg0f{o ;DalGwt a}+s tyf ljQLo ;+:yfsf] ;~rfns ;ldltaf6
ePsf] x'g' kg]{5 .
!^= dfly plNnlvt zt{x?, cGo k|rlnt sfg'g / o; a}+ssf] lgb]{zgsf] clwgdf /xL o; a}+ssf]
k'j{:jLs[lt lnP/ dfq 3'DtL a}+ls ;]jf k|bfg ug{ ;lsg] 5 .
;Lldt a}+ls OsfO{ -Limited Banking Outlets_ ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfx?n] ;Lldt a}+ls OsfO{ (Limited Banking Outlets) sf] ?kdf sfof{no -lgoldt
?kdf sd{rf/L v6fO{ jf tf]lsPsf] lbgdf sd{rf/L v6fO{ ;]jf k|bfg ug{]_ :yfkgf u/L b]xfosf] gLltut
Joj:yf tyf zt{x?sf] clwgdf /xL a}+ls ;]jfsf] kFx'r gk'u]sf -sf7df08f}+ pkTosf, b]zsf cGo pk
dxfgu/kflnsfgu/kflnsf afx]ssf_ If]qx?df ;Lldt a}+ls OsfO{ dfkm{t a}+ls ;]jf k|bfg ug{ ;Sg] 5g\ .
gLltut Joj:yf tyf zt{x?M
;Lldt a}+ls ;]jf pknAw u/fpg] ;DaGwL lg0f{o ;DalGwt ;+:yfsf] ;~rfns ;ldltaf6 ePsf] x'g'
kg]{5 .
;Lldt a}+ls OsfO{ dfkm{t ;]jf k|bfg ug{ rfxg] ;+:yfn] sf/f]af/ /sdsf] ;Ldf cfkm}+ lgwf{/0f ug{ ;Sg]
5g\ .
;DalGwt ;+:yfn] of] ;]jf ;~rfng ubf{ cfOkg]{ ;'/Iff k|0ffnL nufotsf ;Dk"0f{ hf]lvd klxrfg /
Joj:yfkg cfkm}+n] ug{' kg]{5 .
;Lldt a}+ls ;]jf pknAw u/fOg] :yfgdf kof{Kt ;'/Iffsf] Joj:yf ug'{ kg]{5 .
226
(=
;Lldt a}+ls OsfO{ ;]jfdf ;+nUg x'g] gub, dfu{:y gub -Cash in Transit_, ;jf/L ;fwg, sd{rf/L
tyf cGo ;DklQsf] aLdf u/]sf] x'g' kg]{5 .
;Lldt a}+ls OsfO{ dfkm{t ;]jf pknAw u/fP afkt ljBdfg k|rlnt ;]jf z'Ns afx]s cGo s'g}klg
;]jfz'Ns ;]jfu|fxL;Fu lng kfOg] 5}g . sf/f]af/sf] ljj/0f / k|efj u|fxssf] vftfdf tTsfn emNsg]
Joj:yf ug'{ kg]{5 .
;Lldt a}+ls OsfO{sf] dfWodaf6 g]kfnL ?k}+ofdf dfq lgIf]k tyf e'QmfgL ;]jf k|bfg ug'{ kg]{5 /
cGt/f{li6o:t/df sf/f]af/ -Cross Border Transaction_ ug{ / e'QmfgL ;]jfdf j}b]lzs d'b|fsf] k|of]u ug{
kfOg] 5}g .
;+:yfn] u|fxsnfO{ lgIf]k, e'QmfgL tyf shf{ ;DaGwL sf/f]af/ / cfGtl/s /]ld6\ofG; ;]jf pknAw u/fpg]
afx]ssf cGo ;]jf ;'ljwf k|bfg ug{ kfOg] 5}g .
;+:yfsf] Network / Database k"0f{ ;'/lIft x'g' kg]{5 . k|fljlws Joj:yfkgdf s'g} ;d:of cfO{ lgIf]k
tyf e'QmfgL sf/f]af/ k|efljt eO{ Database Iflt ePdf ;f] Ifltsf] k"0f{ hjfkmb]lxtf ;DalGwt ;+:yfsf]
g} x'g]5 .
sf/f]af/ ;DkGg eP kZrft ;DalGwt glhssf] zfvf jf Parent zfvf jf s]Gb|Lo sfof{nodf
Software Data Transfer clgjfo{ u/L s]Gb|Lo ;'rgf k|0ffnLdf tTsfn k|jfx / ;'rgf ljlgdo ug{]
Joj:yf Pjd\ pko'Qm Backup sf] ;d]t Joj:yf u/]sf] x'g' kg]{5 .
o:tf] ;'ljwf tf]lsPsf] :yfgdf sDtLdf xKtfsf] @ lbg pknAw u/fpg' kg]{5 .
;+:yfsf] cfGtl/s n]vfk/LIf0f ljefun] ;Lldt a}+ls sf/f]af/nfO{ ;'/lIft agfpg lglZrt dfkb08
agfO{ cfGtl/s n]vfk/LIf0fdf ;f] ;DaGwL sf/f]af/nfO{ ;d]t ;d]6\g' kg]{5 .
sf/f]af/ ubf{ u|fxs klxrfg nufot ;DklQ z'l4s/0f ;DaGwL lgb]{zgsf] k"0f{ kl/kfngf u/]sf] x'g'
kg]{5 .
dfly plNnlvt zt{x?, cGo k|rlnt sfg'g / o; a}+ssf] lgb]{zgsf] clwgdf /xL o; a}+ssf] k'j{:jLs[lt
lnP/ dfq ;Lldt a}+ls ;]jf pknAw u/fpg ;lsg] 5 .
s ju{sf jfl0fHo a}+sxn] ljb]zdf zfvf sfof{no :yfkgf ug]{ ;DaGwdf
Ohfhtkqk|fKt s ju{sf jfl0fHo a}+sxn] lgDgfg';f/sf zt{ tyf dfkb08xsf] clwgdf /xL ljb]zdf
zfvf sfof{no :yfkgf ug]{ ;DaGwdf b]xfosf] gLltut tyf k|lqmofut Joj:yf sfod ul/Psf]] 5 .
zt{ tyf dfkb08x?
-!_ zfvf lj:tf/ ug{sf nflu k|:tfljt :yfg ljQLo?kn] ;DefJo /x]sf] :ynut cWoog k|ltj]bg
(Feasibility Study Report) k|:tfljt Joj;fosf] of]hgf, t'ngfTds nfutnfe ljZn]if0f
(Comparative Cost-benefit Analysis), Jofj;flos /0fgLlt tyf ;~rfng ug]{ sf/f]af/sf] lsl;d,
cfGtl/s lgoGq0f, hf]lvd Joj:yfkg / Host Country ;Fu g]kfnsf] lkIfLo ;DaGwsf] ljj/0f o;
a}+s ;dIf k]z ug'{ kg]{5 .
-@_ s ju{sf] afl0fHo a}+sn] ljb]zdf zfvf vf]Ng cfj]bg k]z ubf{ Go'gtd r'Qmf k'FhL -xfn ?= @ ca{_
k'u]sf] x'g' kg]{5 .
-#_ h'g b]zdf zfvf sfof{no :yfkgf ul/g] xf], ;f] b]z (Host Country) sf] lgofds lgsfon] tf]s]sf]
k'FhL -Assigned Capital_ k'/f ug'{ kg]{5 / ;f] k'FhLsf] Joj:yfkg ul/g] ;|f]t ;d]t v'n]sf] ljj/0f
cfj]bgsf] ;fydf k]z ug'{ kg]{5 .
-$_ h'g b]zdf zfvf sfof{no :yfkgf ul/g] xf], pQm b]zaf6 nfef+z (Dividend)d'gfkmfsf] ?kdf ljb]zL
d'b|fdf g]kfn leq\ofpg Pjd\ syd\sbflrt ljb]zl:yt zfvf sfof{no aGb ug'{ kg]{ cj:yf cfPdf
tf]lsPsf] k'FhL -Assigned Capital_ h'g ljb]zL d'b|fdf nluPsf] xf], ;f]xL ljb]zL d'b|fdf jf kl/jTo{
ljb]zL d'b|fdf clgjfo{ kdf :jb]zdf lkmtf{ ug'{ kg]{ x'Fbf ;f] ;d]tsf ljifodf Host Country sf] P]g
tyf gLltut Joj:yfn] g/f]Sg] Joxf]/f k|dfl0ft x'g] sfuhft ;d]t k]z ug'{ kg]{5 .
-%_ o; a}saf6 Ohfhhkq k|bfg ubf{ tf]lsPsf zt{x? k'/f ug{'sf ;fy} ljb]zdf zfvf vf]Ng' cufl8sf]
q}dfl;s ljQLo ljj/0fdf o; a}+sn] tf]s]sf] k'FhLsf]if k'/f u/]sf] x'g' kg]{5 .
227
-^_
-&_
-*_
-(_
-!)_
-!!_
-!@_
-!#_
-!$_
-!%_
-!^_
-!&_
-!*_
-!(_
ljb]zdf /x]sf] zfvf sfof{nodf ;'rgf cfbfg k|bfg ug{sf] nflu g]6jls{ (Networking) u/L jf
ljB'tLo dfWodjf6 s]Gb|Lo sfof{nosf] ;'rgf k|0ffnLdf tTsfn cfj4 x'g ;Sg] Joj:yf u/]sf] x'g'
kg]{5 .
7Ls cl3Nnf] qodf;df lgliqmo shf{ (Non Performing Loan) kfFr k|ltzteGbf sd ePsf] x'g'
kg]{5 .
ljb]zdf zfvf sfof{no :yfkgf;~rfng ug]{ ;DaGwL lg0f{o ;DalGwt a}+ssf] ;~rfns ;ldltaf6
ug'{ kg]{5 . ;~rfns ;ldltn] lg0f{o u/]sf] ldltn] !% lbgleq ;f]sf] hfgsf/L o; a}+snfO{ u/fpg'
kg]{5 . o; a}+snfO{ hfgsf/L u/fPsf] Ps ;o aL; lbgleqdf :jLs[lt lbOg] 5 . ljb]zdf zfvf
sfof{no :yfkgfsf] :jLs[lt k|fKt u/]sf] ldltn] ^ dlxgfleqdf zfvf sfof{no vf]nL sf/f]af/ ;~rfng
ul/;Sg' kg]{5 . pQm tf]lsPsf] cjlwleq zfvf sfof{no ;~rfng ug{ g;s]gePdf :jLs[lt :jtM
/2 x'g]5 / k'gM :yfkgf ug{] :jLs[ltsf] nflu gofF k|lqmofaf6 lgj]bg k]z ug'{ kg]{5 .
o; a]}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / a}+s ;'kl/j]If0f ljefudf k]z ug'{ kg]{ k|rlnt
Joj:yf adf]lhd ljQLo ljj/0fx?df ljb]zdf ;+rflnt zfvf sfof{nosf] ljQLo ljj/0f PsLs[t
-Consolidate_ tyf 5'} -Separately_ ;d]t k]z ug'{ kg]{5 .
ljb]zdf zfvf sfof{no :yfkgf ug]{ s ju{sf] Ohfhtkqk|fKt ;+:yfn]] o; a}+ssf] k'j{ :jLs[lt lagf
pQm zfvf sfof{no aGb ug{ jf :yfgfGt/0f ug{ jf ufEg kfpg] 5}gg\ .
ljb]zdf zfvf sfof{no :yfkgf ug]{ s ju{sf] Ohfhtkqk|fKt ;+:yfn] ljb]zL zfvf sfof{nosf]
7]ufgf kl/jt{g ug{ jf :yfgfGt/0f ug{ rfx]df o; a}ssf] k'j{ :jLs[lt lng' kg]{5 .
ljb]zdf zfvf vf]Ng rfxg] a}+sn] ;DalGwt Host Country n] tf]s]sf dfkb08 cg'?k No Objection
Letter k|fKt eP kZrft o; a}+sn] tf]s]sf] zt{ tyf gLltut Joj:yfx?sf] kfngf u/]kl5 o; a}+sn]
No Objection Letter k|bfg ug]{5 .
ljb]zdf zfvf vf]Ng rfxg] a}+sn] ;DalGwt Host Country sf] lgofds ;+:yfsf] lgb]{zg / o; a}+sn]
tf]s] adf]lhdsf] k'FhLsf] ljj/0f / k'FhL kof{Kttf ;b}j k'/f u/]sf] x'g' kg]{5 .
ljb]zl:yt zfvfsf] k|of]hgsf] nflu tf]lsPsf] k'FhL -Assigned Capital_ afx]ssf] s'g} klg /sd jf
kl/jTo{ ljb]zL d'b|f ljb]z n}hfg kfOg] 5}g .
ljb]zl:yt zfvfn] u/]sf] Jofj;flos sfd sf/jfxLsf] ;Dk"0f{ bfloTj k'/f ug{ cfjZos x'g] /sd tyf
cGo s'g} klg bfloTj /fi6 a}+sn] dfu u/]sf] avt pknAw u/fpg] 5f}+ egL g]kfndf /x]sf] d'Vo
sDkgL -Parent Company_ sf] ;~rfns ;ldltn] u/]sf] lnlvt k|lta4tf o; a}+sdf k]z ug'{
kg]{5 .
ljb]zl:yt zfvfsf] ;Dk"0f{ sf/f]af/x?sf] lgodg / ;'kl/j]If0f ug]{ clwsf/ g]kfn /fi6 a}+s / Host
Country sf] lgofds / ;'kl/j]Ifsdf cGtlg{lxt /xg]5 . k|rlnt Joj:yf adf]lhd To:tf zfvfx?sf]
cfjlws ?kdf u}/ :ynut -Off-site_ tyf :ynut -On-site_ ;'kl/j]If0f sfo{ lgoldt ?kdf
ul/g]5 . ;f] ;'kl/j]If0fsf] sfo{sf] nflu ;DalGwt a}+sn] ;+:yfut 9+un] g} ;'kl/j]IfsnfO{ ;xof]u ug'{
kg]{5 .
g]kfn /fi6 a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?nfO{ hf/L ul/Psf] lgb]{zg, kl/kq,
dfu{bz{g OToflb -cGoyf pNn]v ul/Psf] cj:yfdf afx]s_ ljb]zl:yt zfvfsf] xsdf ;d]t nfu"
x'g]5 . To:tf zfvfx?sf] nflu s'g} ljz]if Joj:yf ug'{ k/]df jf lgsfzf lbg' k/]df g]kfn /fi6 a}+sn]
cfjZostfg';f/ ug{ ;Sg]5 . gLltut lgb]{zg tyf sfg'gsf] kfngf gu/]df k|rlnt /fli6o tyf
cGt/f{li6o k|rng cg';f/ sf/jfxL / b08 hl/jfgf ul/g] 5 .
ljb]zdf zfvf sfof{no :yfkgf ug]{ s ju{sf] Ohfhtkqk|fKt ;+:yfn]] o; k|of]hgsf] nflu cfj]bg
lb+bf tf]lsPsf] 9fFrfdf kmf/fd e/L btf{ z'Ns afkt ?= b'O{ nfv -lkmtf{ gx'g]_ sf] g]=/f=a}+=
gf=gf]=cf=lx;fadf hDdf u/]sf] ef}r/sf] cw{sL ;d]t k]z u/L cfj]bg lbg' kg]{5 .
ljb]zdf zfvf sfof{no ;~rfng ubf{ ckgfOg] a}+ls sfo{ljlw, shf{ lgb]{lzsf nufotsf sfuhft
oyf;do o; a}+sdf k]z ug'{ kg]{5 . Host Country sf] lgofds jf ;'kl/j]Ifsn] nufPsf] b08,
h/Ljfgf tyf ;'zf;g ;DaGwL sf/jfxLsf] hfgsf/L !% lbgleq o; a}+ssf] lgodg ljefu /
;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
228
-@)_ ljb]zdf zfvf sfof{no ;~rfng ubf{ ;DklQ z'l4s/0f lgjf/0f P]gsf] kl/kfngf k"0f{ ?kn]
ug'{u/fpg' kg]{5 .
!)= zfvfsfof{no ;DaGwL lgb]{zgsf] kfngf gu/]df x'g] sf/jfxL
Ohfhtkqk|fKt ;+:yfn]] zfvfsfof{no ;DaGwL o; lgb]{zgsf] kfngf gu/L zfvf sfof{no vf]nL ;~rfng
u/]df g]kfn /fi6 a}+s P]g, @)%* adf]lhd b]xfosf sf/jfxL ul/g]5,
!_ k|lqmof tyf zt{ k'/f gu/L vf]lnPsf zfvf tTsfn} aGb ul/g] / cfufdL @ jif{;Dd yk zfvf vf]Ng
gkfOg] .
@_ k|lqmof tyf zt{ k'/f gu/L zfvf sfof{no ;~rfng ug]{ lg0f{odf ;+NfUg ;~rfnsx?nfO{ g]kfn /fi6
a}s P]g @)%*, sf] bkmf !)) -@_ adf]lhdsf] sf/jfxL / ;hfo x'g] .
#_ a}s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# / k|rlnt cGo sfg'g adf]lhd s'g} klg sf/jfxL ug{
;lsg] .
!!= vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf] zfvfsfof{no ;DaGwL Joj:yf O=k|f=lgb]{zg g+= !$)&! af6 hf/L ul/Psf]
lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{
kl/kqx? .
229
cg';"rL !$=!
zfvfsfof{no vf]Ng] a}+s tyf ljQLo ;+:yfn] g]kfn /fi6 a}+saf6 :jLs[ltsf] nflu k]z ug'{ kg]{ lgj]bgsf] 9fFrf
>L g]kfn /fi6 a}+s
ldltM =======================

afn'jf6f/, sf7df8f}+ .
ljifoM zfvf sfof{no vf]Ng] :jLs[lt af/] .
dxfzo,
To; a}+ssf] PsLs[t lgb]{zg g+= !$)&@ n] tf]s]sf zt{x?sf] k"0f{ kfngf u/L b]xfo adf]lhdsf] :yfgdf zfvf
sfof{noPS6]G;g sfof{no vf]Ng] u/L o; a}+ssf] ;~rfns ;ldltsf] lg0f{o g+= ===== ldlt =================== af6 lg0f{o ePsf] x'Fb f
ToxfFsf] :jLs[ltsf] nflu cg'/f]w ub{5f}+ .
!= a}+sljQLo ;+:yfsf] gfd, 7]ufgf M
@= k|:tfljt zfvf :yfkgf ul/g] :yfg, lhNnfsf] gfd, 7]ufgf M
#= ;+:yfsf] ljj/0f
-s_ g]kfn /fi6 a}+saf6 Ohfhtkqk|fKt ldlt
M
-v_ ljQLo sf/f]af/ ;~rfng u/]sf] ldlt M
-u_ ;+:yfsf] 7Ls cl3Nnf] qodf;sf] r'Qmf k'FhL M
-3_ ;+:yfsf] s'n shf{ /sd M
-_ kl5Nnf] cf=j= sf] clGtd n]vfkl/Ifsjf6 k|dfl0ft s'n lgliqmo shf{ /sd / k|ltzt M
-r_ xfn;Dd ;~rfngdf /x]sf zfvf ;+Vof
M
-5_ gofF zfvf sfof{no vf]n]kl5 x'g] zfvf ;+Vof M
-h_ @)^$ r}td;fGtkl5 vf]lnPsf zfvfsf] ljj/0f -qmdfg';f/_
c_ sf7df8f}+ pkTosf aflx/sf] ljj/0f M
cf_ sf7df8f}+ pkTosfleqsf] ljj/0f M
O_
tf]lsPsf !& lhNnfxdWo]sf] ljj/0f M
O{_
u ju{sf] xsdf sf7df08f} pkTosf afx]ssf @ j6feGbf sd a}+ls OsfO{ ePsf] :yfgdf vf]n]sf zfvfsf]
ljj/0f M
$= k|:tfljt zfvfsf] nflu tf]lsPsf] / yk u/L x'g] s'n r'Qmf k'FhLsf] ljj/0f -u ju{sf] nflu_ M
%= k|:tfljt zfvfsf] nflu sf7df8f}+ pkTosf aflx/ vf]lnPsf zfvfsf] ljj/0f M
s_ tf]lsPsf !$ lhNnfxleq M
v_ tf]lsPsf !$ lhNnfx afx]s cGoq M
^= zfvf sfof{nos]Gb|Lo sfof{no;Fu ;'rgf cfbfg k|bfgsf] nflu Joj:yf ul/Psf] ;'rgf k|ljlw (Networking) sf] ljj/0fM
&= ;j{;fwf/0f ;]o/ hf/L u/]sf] ldlt M
*= q}dfl;s k'FhLsf]ifsf] k|ltzt M
qodf;
k|fylds k'FhL k|ltzt
k'FhLsf]if k|ltzt
@)&== c;f/
@)&== c;f]h
@)&== k';
@)&== r}t
(= k'FhL of]hgf adf]lhdg]kfn /fi6 a}+ssf] lgb]{zg adf]lhd kl5Nnf] cf=a= sf] cGTodf,
-s_ k'/f x'g' kg]{ r'Qmf k'FhL
M
-v_ xfn sfod /x]sf] r'Qmf k'FhL
M
!)= ;+:yfsf] sfo{If]qsf] ljj/0f
M
!!= zfvf sfof{no vf]Ng] lg0f{odf ;+nUg /x]sf kbflwsf/Lx?sf] ljj/0f,
-s_ ;~rfns ;ldltsf kbflwsf/Lx? M
-v_ k|d'v sfo{sf/L clws[tsDkgL ;lrj
M
gf]6M ;DefJotf cWoog k|ltj]bgdf lgb]{zgdf plNnlvt ljifox? clgjfo{?kdf pNn]v ug'{ kg]{ .
;fy}, o; a}sn] zfvf sfof{no ;~rfng ug]{ ldltdf ;d]t dfly plNnlvt ;Dk"0f{ zt{ tyf Joj:yfx? kfngf ug]{5f} . dfly plNnlvt
ljj/0fx? 7Ls ;fFrf] xf], s'g} ljj/0fdf km/s k/]df k|rlnt sfg'g tyf To; a}+ssf] PsLs[t lgb]{zg g+= !$)&) df tf]lsP
adf]lhdsf] ;hfosf/jfxL ePdf d~h'/L ePsf] Joxf]/f cjut u/fpFb5f}+ .
230
cg';"rL !$=@
z'Go Aofhb/df shf{ k|jfx ;DaGwL k|lqmofut Joj:yf, @)^&

z"\Go Aofh b/df k|bfg ul/g] shf{ ;DaGwdf a}+s tyf ljQLo ;+:yfx?sf] pkl:ylt Go'g /x]sf tf]lsPsf !& lhNnfsf
;b/d'sfddf zfvf vf]n]df ?=%) nfv / ;b/d'sfd aflx/ vf]n]df ?=! s/f]8 shf{ lbg] ;DaGwdf b]xfo adf]lhdsf]
k|lqmofut Joj:yf th{'df ul/Psf] 5 M
!= lgj]bg;fy x'g'kg{] sfuhft / of]Uotf
-s_ a}+s tyf ljQLo ;+:yfx?sf] pkl:ylt Go'g /x]sf tf]lsPsf !& lhNnfsf ;b/d'sfd tyf ;b/d'sfdeGbf
aflx/ :yfkgf x'g] zfvfx?sf] nflu dfq a}+s tyf ljQLo ;+:yfx?n] of] ;'ljwf dfu ug{ ;Sg]5g\ .
-v_ a}+s tyf ljQLo ;+:yfsf] ;~rfns ;ldltn] shf{ lng] ;DaGwdf u/]sf] lg0f{osf] k|dfl0ft k|ltlnkL k]z
ug{' kg{]5 .
-u_ a}+s tyf ljQLo ;+:yfsf] ;DalGwt zfvfsf] kl5Nnf] ljQLo l:yltsf] ljj/0f k]z ug{' kg{]5 .
@= o:tf] shf{sf] ;'/If0f lgDglnlvt s'g} klg jf ;a} hfoh]yf tyf ;'/If0fkqx? /xg] 5g\ .
-s_ g]kfn ;/sf/af6 hf/L ePsf C0fkqx? .
-v_ ;f] ;+:yfsf] o; a}+ssf] yfkfynLl:yt a}+ls sfof{no jf cGo sfof{nox?df k|of]hg v'nfO{ jf gv'nfO{
vf]lnPsf] a}+s vftfdf /x]sf] df}Hbft /sd .
-u_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] shf{ ln+bf tof/ ul/Psf] shf{ td;'s -cg";"rL !$=#_.
#= shf{sf] e'QmfgL ;DaGwL Joj:yf
-s_ o:tf] shf{sf] ;fFjfsf] e'QmfgL ;f] shf{ k|jfx ePsf] ldltn] ^ dlxgfleq clgjfo{?kdf ug'{kg]{5 .
-v_ shf{ ;'ljwf e'QmfgL cjlw cl3 g} k'j{e'QmfgL (Pre-payment) ;d]t ug{ ;lsg] 5 .
-u_ of] shf{ pkef]u u/]sf a}+s tyf ljQLo ;+:yfx?n] ;fFjf e'StfgL Dofb ;dfKt ePsf] lbg ;f] /sd
e'StfgL gu/]df g]kfn /fi6 a}+sl:yt ;DalGwt ;+:yfsf] h'g;'s} vftf vr{ n]vL shf{ c;'npk/ ul/lng
/ ;f] sf] vr{ -Debit_ ug]{ clVtof/L g]kfn /fi6 a}+snfO{ x'g]5 . o;df kl5 s'g} ph'/L jf bfjL nfUg]
5}g .
-3_ lgwf{l/t ;doleq shf{ e'StfgL gu/]df e'QmfgL x'g afFsL /sddf ;DalGwt a}+s tyf ljQLo ;+:yfn] ;f]
cjlwdf k|sflzt u/]sf] shf{ tyf ;fk6sf] clwstd Aofhb/ g} k]gfn Aofhb/ x'g]5 .
$= ljljw Joj:yf
g]kfn /fi6 a}+sn] k|bfg u/]sf] z'Go Aofhb/sf] shf{ ;'ljwfsf] ;DaGwdf ;do ;dodf cGo ljj/0f dfu]sf]
v08df tf]lsPsf] Dofbleq C0fL a}+sn] pknAw u/fpg' kg]{5 .
231
cg';"rL !$=#
-z'Go Aofhb/sf] shf{ td;'ssf] gd"gf_
lnlvtd wgLsf gfd sf=lh= sf=d=g=kf= j8f g+= !! yfkfynLl:yt g]kfn /fi6 a}+s, a}ls sfof{no cfu] ;f] /sd C0f
lng] C0fLsf] gfd ====================================s]Gb|Lo sfof{no /x]sf]========================================= lnld6]8n] g]kfn /fi6
a}+saf6 z'Go Aofhb/df shf{ k|bfg ug{] ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf $( n] u/]sf] Joj:yf cGtu{t
g]kfn /fi6 a}+s;Fu cfhsf ldltdf ?= ============ ==========-cIf/]kL ================================================ ============== dfq_
shf{ lnPsf] 7Ls ;fFrf] xf] . pQm shf{ lnPsf] /sdafkt C0fLn] cfgf] lgDg adf]lhdsf]] a}+sn] shf{sf] nflu o;
a}+snfO{ n]lvlbPsf] td;'snfO{ shf{ ;'ljwfsf] nflu lwtf] ;'/If0fsf] ?kdf /flvlbPsf 5f}+ . tkl;n adf]lhdsf] lwtf]
ljj/0f tyf zt{x? / o; ;DaGwdf g]kfn /fi6 a}+saf6 hf/L ljBdfg gLltut Joj:yf tyf g]kfn /fi6 a}+sn] ;do
;dodf tf]s]sf] zt{dfkb08 kfngf ug]{5f}+ . zt{x? kfngf gu/]df pQm lwtf] tyf C0fL a}+ssf] cGo rncrn
;DklQ ;d]taf6 pQm /sd c;'n u/L lng' egL a}+ssf] ;~rfns ;ldltsf] lg0f{o;xdlt ;d]t /x]sf]n] g]kfn /fi6
a}+s, a}+ls sfof{no, yfkfynL, sf7df8f}+df a;L of] td;'s n]vL wgL g]kfn /fi6 a}+sdf r9fof}+ .
tkl;n
zt{x?M
!= a}+s tyf ljQLo ;+:yfx?sf] pkl:ylt Go'g /x]sf tf]lsPsf !$ lhNnfdf :yfkgf x'g] zfvfx?sf] nflu dfq
a}+s tyf ljQLo ;+:yfx?n] of] ;'ljwf pkof]u u/L ;~rfng vr{ k|of]hgsf nflu vr{ ug{ kfOg] 5 .
@= z'Go Aofhb/sf] shf{ ;'ljwf cGtu{tsf] shf{sf] ;fFjf e'QmfgL shf{ k|fKt ePsf] ldltn] ^ dlxgfleq
clgjfo{?kdf ug'{kg]{5 . shf{ ;'ljwf e'QmfgL cjlw cl3 g} k'j{e'QmfgL -Pre-payment_ ;d]t ug{ ;lsg] 5 .
of] shf{ pkef]u u/]sf a}+s tyf ljQLo ;+:yfx?n] ;fFjf e'StfgL Dofb ;dfKt ePsf] lbg ;f] /sd e'StfgL
gu/]df g]kfn /fi6 a}+sl:yt ;DalGwt ;+:yfsf] h'g;'s} vftf vr{ n]vL shf{ c;'npk/ ul/lng / ;f] sf]
vr{ (Debit_ ug]{ clVtof/L g]kfn /fi6 a}+snfO{ lbOPsf] 5 . o;df kl5 s'g} ph'/L jf bfjL ul/g] 5}g .
#= lgwf{l/t ;doleq shf{ e'Stfg gu/]df e'Qmfg x'g afFsL /sddf ;DalGwt a}+s tyf ljQLo ;+:yfn] ;f] cjlwdf
k|sflzt u/]sf] shf{ tyf ;fk6sf] clwstd Aofhb/ g} k]gfn Aofhb/ x'g]5 . g]kfn /fi6 a}+sn] C0fL a}+s jf
ljQLo ;+:yfsf] s'g} klg vftf vr{ -Debit_ u/L /sd c;'npk/ ug{ ;Sg]5 .
$= z'Go Aofhb/sf] of] shf{sf] ;'/If0fjfkt g]kfn ;/sf/af6 hf/L ePsf C0fkqx?, /jf ;f] ;+:yfsf] o; a}+ssf]
yfkfynLl:yt a}+ls sfof{no jf cGo sfof{nox?df k|of]hg v'nfO{ jf gv'nfO{ vf]lnPsf] a}+s vftfdf /x]sf]
df}Hbft /sd tyf Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] shf{ ln+bf tof/ ul/Psf] shf{ td;'s .
%= g]kfn /fi6 a}+sn] k|bfg u/]sf] z'Go Aofhb/sf] shf{ ;'ljwfsf] ;DaGwdf ;do ;dodf cGo ljj/0f dfu]sf]
v08df tf]lsPsf] Dofbleq C0fL a}+sn] pknAw u/fpg' kg]{5 .
^= C0f k|of]u ;DaGwdf o;};fy ;+nUg gLltut zt{ tyf dfkb08x? kfngf ug]{ k|lta4tf JoQm ul/Psf] 5 . ;f]
adf]lhd gu/]df g]kfn /fi6 a}+s P]g, a}+s tyf ljQLo ;+:yf ;DaGwL P]g / cGo k|rlnt sfg'g cg';f/ ;hfo
ePdf d~h'/L 5 .
g]kfn /fi6 a}+ssf] tk{maf6
b:tvt
M
gfd
M
kb
M
5fk
M
ljefusfof{no M
a}+sljQLo ;+:yfsf] tk{maf6 k|d'v sfo{sf/L clws[t

b:tvt M
gfd M
kb
M
5fk M
ljefusfof{no M
Olt ;Dat\ @)==== ;fn ============ dlxgf =======ut] /f]h ======= z'ed\
232
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !%)&@
Aofhb/ ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] lgIf]kdf k|bfg ug]{ / shf{ tyf ;fk6df lng]
Aofhb/ ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L
ul/Psf] 5 .
!= Aofhb/ ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfn] lgIf]kdf lbg] / shf{ tyf ;fk6df lng] Aofhb/, To:tf] Aofhb/sf] k|sf/ tyf
sfo{ljlw cfkm+}n] lgwf{/0f ug{ ;Sg] 5g\ .
@= cfwf/ b/ ;DaGwL Joj:yf
o; a}+saf6 s tyf /fli6o:t/sf v / u ju{sf Ohfhtkqk|fKt ;+:yfn] shf{ tyf ;fk6sf] Aofhb/
lgwf{/0f ubf{ cfwf/ b/ -Base Rate_ ;Fu cfj4 u/L lgwf{/0f ug'{ kg]{5 . cfwf/ b/ ;DaGwdf b]xfosf yk
Joj:yfx? sfod ul/Psf] 5 .
-c_ cfwf/ b/ u0fgf ug]{ k|of]hgsf nflu cg';"rL !%=! adf]lhdsf] cfwf/ b/ lgwf{/0f ;DaGwL sfo{ljlw,
@)^( hf/L ul/Psf] 5 .
-cf_ cfwf/ b/sf] u0fgf sDtLdf klg k|To]s dlxgfdf u/L ;f]sf] ljj/0f cfgf] j]a;fO6df /fVg' kg]{5 .
k|To]s qodf;sf] ljQLo ljj/0f / Aofhb/ ;DaGwL ljj/0f k|sfzg ubf{ clgjfo{ ?kdf cfwf/ b/
;d]t k|sfzg ug'{kg]{5 .
-O_ o; Joj:yf adf]lhd k|sfzg ul/Psf] cfwf/ b/ u0fgf ;DaGwL ljj/0f lgb]{zg kmf=g+= !%=!
adf]lhdsf] 9fFrfdf e/L dlxgf ;dfKt ePsf] !% lbg leq ;DalGwt ;'kl/j]If0f ljefu / cg';Gwfg
ljefudf k]z ug'{kg]{5 .
-O{_ Ohfhtkqk|fKt ;+:yfn] k|jfx u/]sf] shf{ gjLs/0f, k'g/tflnsLs/0f jf k'g/;+/rgf ubf{ ;d]t cfwf/
b/nfO{ cfwf/ dfgL Aofhb/ lgwf{/0f ug'{kg]{5 .
-p_ Ohfhtkqk|fKt ;+:yfn] shf{ tyf ;fk6sf] Aofhb/ of] Joj:yfsf] clwgdf /xL lgwf{/0f ug'{kg]{ 5 .
#= Aofhb/ cGt/ ;DaGwL Joj:yf
Ohfhtkqk|fKt ;+:yfn] a'Fbf g+= ! adf]lhd lgIf]kdf lbg] / shf{ tyf ;fk6df lng] Aofhb/ lgwf{/ 0f ubf{
cf};t Aofhb/ cGt/ % k|ltzt eGbf al9 gx'g] u/L lgwf{/0f ug'{kg]{5 . cf};t Aofhb/ cGt/ u0fgf
;DaGwdf b]xfosf] Joj:yf ul/Psf] 5 .
-c_ cg';"rL !%=@ adf]lhdsf] ;'qaf6 @)&! c;f/b]lv k|To]s dlxgf cf};t Aofhb/ cGt/ u0fgf u/L
cfgf] j]a;fO6df k|sfzg ug'{kg]{5 . ;fy} k|To]s qodf;sf] ljQLo ljj/0f / Aofhb/ ;DaGwL ljj/0f
k|sfzg ubf{ clgjfo{ ?kdf cf};t Aofhb/ cGt/ ;d]t k|sfzg ug'{kg]{5 .
-cf_ o; Joj:yf adf]lhd k|sfzg ul/Psf] cf};t Aofhb/ cGt/ u0fgf ;DaGwL ljj/0f lgb]{zg kmf=g+=
!%=@ adf]lhdsf] 9fFrfdf e/L a}+s tyf ljQLo ;+:yf lgodg ljefu, ;DalGwt ;'kl/j]If0f ljefu /
cg';Gwfg ljefudf k]z ug'{kg]{5 .
-O_ cf};t Aofhb/ cGt/ % k|ltzt eGbf al9 ePsf jfl0fHo a}+sx?n] @)&! c;f/ d;fGtleq ;f]
;Ldfdf NofO;Sg' kg]{5 .
233
$=
;db/df Aofhb/ tf]Sg aGb]h

Ohfhtkqk|fKt ;+:yfn] shf{ tyf ;fk6df ;db/ (Flat rate) df Aofhb/ tf]Sg kfOg] 5}g .
%= Aofhb/ lg0f{o u/fP/ nfu" ug'{ kg]{
Ohfhtkqk|fKt ;+:yfn] lgIf]kdf lbg] / shf{ tyf ;fk6df lng] Aofhb/, Aofh u0fgf ljlw, xhf{gf nufpg]
ljlw, ;]jf z'Ns / sldzg b/ Ohfhtkqk|fKt ;+:yfn] lg0f{o u/fO{ nfu" ug'{ kg]{5 . Ohfhtkqk|fKt ;+:yfn]
lgIf]kdf k|bfg ug]{ k|sflzt Aofhb/df z'Go bzdnj kfFr k|ltzt laGb';Dd a9fpg ;Sg]5g\ . o;}u/L
shf{sf] Aofhb/sf] xsdf k|sflzt Aofhb/df Ps k|ltzt ljGb' eGbf a9L yk36 x'g] u/L Aofhb/ sfod
ug{ kfOg] 5}g .
t/, -s_ cIfosf]if jf % jif{ eGbfa9L e'QmfgL cjlw ePsf]] lgIf]kdf a}+s tyf ljQLo ;+:yf /
u|fxsaLrsf] cfk;L ;xdltsf] cfwf/df Aofhb/ sfod ug{ ;lsg] 5 .
-v_ af]nsaf]n -Bidding_ sf] cfwf/df ;+sng x'g] ;+:yfut lgIf]ksf] xsdf k|sflzt Aofhb/sf]
Joj:yf nfu" x'g] 5}g .
^= Aofhb/ ;DaGwL ljj/0f k7fpg' kg]{
Ohfhtkqk|fKt ;+:yfn] x/]s qodf; ;dfKt ePsf] ldltn] ;ft lbgleq lgIf]k tyf shf{sf] Aofh b/ o;
a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf clgjfo{?kdf k7fpg' kg]{5 .
;fy}, Ohfhtkqk|fKt ;+:yfn] a'Fbf g+ % df plNnlvt Aofhb/ ;DaGwL ;Dk"0f{ Joj:yff Pjd\ ljlwx? z'?df
nfu" ubf{ / To;kl5 k|To]s k6s ;+zf]wg ubf{ ;f]sf] k"0f{ ljj/0f ;ft lbgleq pknAw u/fpg' kg]{5 .
&= Aofhb/ ;fj{hlgs ug'{ kg]{
Ohfhtkqk|fKt ;+:yfn] lgIf]kdf lbg] / shf{ tyf ;fk6df lng] Aofhb/ ;+zf]wg ubf{ tyf a'Fbf g+ ^
adf]lhdsf] ljj/0f q}dfl;s ?kdf /fli6o :t/sf ;+:yfx?n] /fli6o b}lgs klqsf dfkm{t\ / If]qLo :t/sf
;+:yfn] If]qLolhNnf :t/sf klqsf dfkm{t ;fj{hlgs ug'{ kg]{5 . ;fy}, Ohfhtkqk|fKt ;+:yfn] rNtL tyf
art vftfdf sfod ug'{ kg]{ Go'gtd df}Hbftsf] /sd yk36 u/]sf] cj:yfdf ;d]t klqsf dfkm{t
;fj{hlgs ;'rgf k|sfzg u/L ;j{;fwf/0fnfO{ hfgsf/L u/fpg' kg]{5 .
*= ljkGg ju{ shf{sf] Aofh b/df ;x'lnot lbg]
o; a}+saf6 hf/L O=k|f= lgb]{zg g++ !& -ljkGg ju{df k|jfx ug'{kg]{ shf{ ;DaGwL Joj:Yff_ adf]lhd blnt,
d'Qm sd}of, jfbL, xlnof, G lkl8t, Psn dlxnf, ckf tyf h]i7 gful/sx?nfO{ a}+s tyf ljQLo
;+:yfx?af6 k|jfx x'g] ljkGg ju{ shf{df lng] Aofh b/df Ps k|ltzt laGb'n] ;x'lnot lbg] Joj:yf
ug'{kg]{5 .
(= Aofh cfDbfgL hgfpg] Joj:Yff
Ohfhtkqk|fKt ;+:yfn] k|bfg u/]sf] shf{ ;fk6df k|fKt x'g'kg]{ AofhnfO{ gub k|flKtsf] cfwf/df dfq
cfDbfgL hgfpg' kg]{5 . kfs]sf] t/ gubdf c;'n x'g g;s]sf] AofhnfO{ h'g jif{df c;'n ePsf] xf] ;f]xL
jif{df dfq cfDbfgL jfFwL ;f] sf] lx;fj ldnfg ug'{ kg]{5 . ;DalGwt cjlwe/df kfs]sf] AofhnfO{ kfpg'
kg]{ Aofh lx;fj df vr{ n]vL Aofh d'NtaL lx;fj df hDdf ug'{ kg]{5 .
!)= Aofh k|bfg ug]{ ;DaGwdf
a}+s tyf ljQLo ;+:yfaf6 k|jflxt shf{;fk6df q}dfl;s ?kdf Aofh c;'n ug]{ u/]sf] cj:yfdf
lgIf]kstf{sf] artvftfdf klg sDtLdf ## dlxgfdf Aofh k|bfg ug]{ u/L hDdf u/fO{ lbg' kg]{5 .
lgIf]kstf{nfO{ lbg] Aofh ;DalGwt a}+s tyf ljQLo ;+:yfsf] lgIf]k bfloTjdf Aofh k|bfg ug]{ gLlt adf]lhd
;fKtflxs, dfl;s, q}dfl;s jf cGo h'g cjlwsf] cfwf/df Aofh u0fgf ug]{ xf] ;f] cjlwsf] sDtLdf cf};t
df}Hbft -Average Deposit Balance_ df k|bfg ug'{ kg]{5 .
l6Kk0fLM cf};t lgIf]k df}Hbft eGgfn] b}lgs sf/f]af/ ;dflKt kZrft sfod x'g cfPsf] b}lgs clGtd df}Hbft
-Closing Balance_ sf] cf};t eGg] ;Demg' k5{ . -pbfx/0fsf] nflu Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n]
shf{ tyf ;fk6sf] aSof}tf /sddf Aofh u0fgf ug]{ ljlw h;/L cjnDag u/]sf 5g\ ;f]xL ljlw adf]lhdsf] Aofh
u0fgf ug{'u/fpg' kg]{5_
234
!!= Aofhb/ ;DaGwL Joa:yf kfngf gu/]df x'g] sf/jfxL

Ohfhtkqk|fKt ;+:yfn] Aofhb/ ;DaGwL lgb]{zgsf] kfngf gu/]df g]kfn /fi6 a}+s P]g, @)%* adf]lhd
sf/jfxL ug{ ;lsg] 5 .
!@= vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&) sf] Aofhb/ ;DaGwL O=k|f lgb]{zg g+= !%)&) af6 hf/L ul/Psf] lgb]{zg tyf ;f]
kZrft ldlt @)&! cfiff9d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
235
cg';"rL !%=!
cfwf/ b/ lgwf{/0f ;DaGwL sfo{ljlw, @)^(
!= cfwf/ b/sf] cjwf/0ff
g]kfn /fi6 a}+s P]g, @)%* n] lglb{i6 u/] adf]lhd d'No tyf jfXo If]q :yfloTj sfod ug]{ lhDd]jf/L g]kfn /fi6
a}+sdf /x]sf] 5 . ljZjJofkL tyf If]qLo:t/df a]nfa]nfdf b]lvPsf ljQLo ;+s6 tyf ltgLx?af6 cy{tGqdf k/]sf]]
IfltnfO{ dWogh/ u/L ljQLo If]q :yfloTjnfO{ klg s]Gb|Lo a}+sx?n] Ps k|d'v p2]Zosf] ?kdf clsf/ ug{ nfu]sf]]
;Gbe{df g]kfn /fi6 a}+sn] klg ljQLo If]q :yfloTjnfO{ Ps k|d'v p2]Zosf] ?kdf cufl8 a9fPsf] 5 . Aofhb/df
x'g] ptf/r9fjn] nfut tyf k|ltkmnsf] dfWodaf6 ljQLo If]qsf] :yfloTjdf k|ToIf k|efj kg]{ x'G5 . shf{
nufgLsf] Aofhb/ lgwf{/0f k|lqmof kf/bzL{ ePdf o;af6 a}+s tyf ljQLo ;+:yfx?sf] sfo{s'zntf / k|lt:kwL{
Ifdtfdf ;sf/fTds k|efj kg'{sf ;fy} df}lb|s k|;f/0f ;+oGq ;'b[9 eO{ df}lb|s gLltsf] k|efjsfl/tfdf klg ;'wf/
x'g] ck]Iff ug{ ;lsG5 . t;y{, a}+s tyf ljQLo ;+:yfx?sf] shf{sf] Aofhb/ lgwf{/0f k|lt:kwL{ / kf/bzL{ ug{
clek|]l/t ug]{ p2]Zon] cfly{s jif{ @)^(&) sf] df}lb|s gLltdf cfwf/ b/ nfu" ug]{ pNn]v ul/Psf] 5 .
a}+s tyf ljQLo ;+:yfx?n] cfgf u|fxsx?nfO{ shf{ k|jfx ubf{ shf{sf] Aofhb/ lgwf{/0f ug'{ kb{5 . o:tf] Aofhb/
l:y/ jf kl/jt{gzLn b'a} x'g ;S5 . a}+s tyf ljQLo ;+:yfx?af6 k|jfx ul/g] shf{sf] Aofhb/ lgwf{/0fdf ljleGg
tTjx? ;dfj]z ePsf x'G5g\ . a}+s tyf ljQLo ;+:yfx?af6 shf{ pkef]u ug]{ C0fLx?df ;dfg ?kn] nfu" x'g] tyf
:ki6;Fu klxrfg ug{ ;lsg] shf{sf] Aofhb/ lgwf{/0fsf tTjx? ;dfj]z ul/Psf] b/ g} cfwf/ Aofhb/ xf] . t;y{,
cfwf/ b/ shf{ k|jfxsf] jf:tljs Aofhb/ geO{ Aofhb/ lgwf{/0f ug]{ cfwf/ b/ dfq xf] .
cfwf/ b/sf tTjx?df lgIf]k nfut jf sf]if nfut ;a}eGbf dxTjk"0f{ x'G5 . o;afx]s ;+:yf ;~rfngsf] nflu
ug'{kg]{ ;~rfng vr{ jfktsf] nfut, z'Go k|ltkmndf clgjfo{ gub cg'kft sfod ubf{ k/]sf] nfut, lgIf]k nfut
eGbf sd k|ltkmn k|fKtx'g] u/L a}wflgs t/ntf cg'kft sfod ubf{sf] nfut / ;+:yfsf nufgLstf{x?sf]] k'FhLut
nufgLsf] nflu k|bfg ug'{kg]{ ;fdfGo k|ltkmn shf{sf] cfwf/ b/sf k|d'v tTjx? x'g\ . cfwf/ Aofhb/df shf{df
lglxt hf]lvd lk|ldod ;dfj]z gul/g] x'gfn] a}+s tyf ljQLo ;+:yfx?n] ;f] b/ eGbf sd Aofhb/df shf{ k|jfx
ubf{ ;+:yf :jod\sf] bL3{sfnLg cl:tTj (Sustainability) sf ;fy} ;du| ljQLo If]q :yfloTjdf ;d]t k|lts'n
k|efj kg{ ;Sg] ePsf]n] cfwf/ b/ eGbf sd Aofhb/df shf{ k|jfx ug'{ ;fdfGotof pko'Qm dflgb}g . a}+s tyf
ljQLo ;+:yfx?n] shf{sf] Aofhb/ lgwf{/0f ubf{ cfwf/ b/nfO{ ;Gbe{b/ -Reference Rate_sf] ?kdf lnO{
u|fxsIf]q ljz]if hf]lvd tyf shf{sf] cjlw ljz]if lk|ldod ;dfj]z u/L To:tf] Aofhb/ lgwf{/0f ug]{ ul/G5 .
Aofhb/ ptf/r9fj ePsf] ljz]if kl/l:yltdf cfwf/ b/sf] u0fgf lgoldt ?kdf ug{ ;s]df o;af6 d'b|f ahf/sf]
j:t'l:ylt cg';f/ Aofhb/ lgwf{/0f ug{ ;d]t ;xh x'g hfg] b]lvG5 .
@= cfwf/ b/ u0fgf ljlwM

cfwf/ b/ u0fgf ubf{ lgDgfg';f/sf] ljlw ckgfpg' kg]{5M
cfwf/ b/
= sf]if nfut k|ltzt + clgjfo{ df}Hbft nfut k|ltzt + j}wflgs t/ntf nfut k|ltzt +
;~rfng nfut k|ltzt + ;DklQdf k|ltkmn k|ltzt
@=! sf]ifsf] nfut
(Cost of Fund)
sf]ifsf] nfut b]xfo adf]lhd u0fgf ug'{ kg]{5M
sf]if nfut k|ltzt = :jb]zL lgIf]k / C0f tyf ;fk6Lsf] efl/t cf};t Aofhb/
@=@ clgjfo{ df}Hbft nfut
clgjfo{ df}Hbft nfut u0fgf b]xfo adf]lhd ug'{ kg]{5M
clgjfo{ df}Hbftsf] cf};t /sd x sf]if nfut k|ltzt

clgjfo{ df}Hbft nfut k|ltzt = --------------------------------------------------nufgL of]Uo sf]ifsf] cf};t /sd
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nufgL of]Uo sf]ifsf] cf};t /sd = :jb]zL lgIf]ksf] cf};t /sd + :jb]zL C0f tyf ;fk6L -Borrowing_ sf] cf};t
/sd - j}wflgs t/ntfsf] cf};t /sd
@=# j}wflgs t/ntf nfut

j}wflgs t/ntf nfut u0fgf b]xfo adf]lhd ug'{ kg]{5M
v'b j}wflgs t/ntf /sd x -sf]if nfut k|ltzt ;/sf/L ;'/If0fkqsf]

cf};t Aofhb/_
efl/t
j}wflgs t/ntf nfut k|ltzt = ----------------------------- ----------------------------------------nufgL of]Uo sf]ifsf] cf};t /sd
v'b j}wflgs t/ntf /sd = j}wflgs t/ntfsf] cf};t /sd - clgjfo{ df}Hbftsf] cf};t /sd
@=$ ;~rfng nfut

;~rfng nfut u0fgf ubf{ b]xfo adf]lhd ug'{ kg]{5M
s''n ;~rfng vr{ * x *%**

;~rfng nfut k|ltzt = ----------------------------------nufgL of]Uo sf]ifsf] cf};t /sd
@=% ;DklQdf k|ltkmn

;DklQdf k|ltkmn jfkt )=&% k|ltzt ljGb' tf]lsPsf] 5 .
#= cfwf/ b/ u0fgf ;DaGwdf yk Joj:yfM

#=!
#=@
#=#
cfwf/ b/ u0fgf ubf{ kl5Nnf] cjlwsf] ljQLo ljj/0f tyf tYofnfO{ cfwf/ lnO{ u0fgf ug'{kg]{5 . dfl;s
tYof+s pknAw gx'g] jflif{s k|s[ltsf vr{nfO{ ;dfg'kflts ?kdf ?kfGt/0f u/L u0fgf ug'{ kg]{5 .
j}wflgs t/ntfsf] cf};t /sd / clgjfo{ df}Hbftsf] cf};t /sd u0fgf ubf{ o; a}+saf6 hf/L lgb]{zg
adf]lhd sfod ug'{kg]{ Go'gtd /sdnfO{ lng' kg]{5 .
s'n ;~rfng vr{df o; a}+sn] tf]s]sf] ljQLo ljj/0fsf] gfkmf gf]S;fg vftf adf]lhdsf] sd{rf/L vr{ / cGo
;~rfng vr{nfO{ lng' kg]{5 .
gf]6M
* kl5Nnf] cjlwsf] cfwf/df jflif{sLs/0f ul/Psf] .
**;~rfng vr{ cGtu{t !% k|ltzt /sd u}x|sf]if ;~rfng vr{ cg'dfg ul/Psf] / ;f]sf] k"lt{ u}x|sf]if
cfDbfgLaf6 g} x'g ;Sg] .
237
g]= /f a}+s lgb]{zg kmf=g+=!%=!

==================== a}+s ln=
cfwf/ Aofhb/ ;DaGwL ljj/0f -dfl;s_
-cf= j= @)& , =========dlxgfsf] ljj/0f_
-!_ cfwf/ Aofhb/
qm=;+=
-s_
-v_
-u_
-3_
-_
-5_
ljj/0f
k|ltzt
sf]if nfut
clgjfo{ df}Hbft nfut
j}wflgs t/ntf nfut
;~rfng nfut
;DklQdf k|ltkmn
)=&%
cfwf/ Aofhb/
s}lkmot
-s b]lv ;Ddsf] of]u_
-@_ cfwf/ Aofhb/ ;DaGwL yk ljj/0f
ut]
-s_ :jb]zL
lgIf]k
-v_ :jb]zL -u_ Go'gtd sfod

C0f tyf
ug'k{ g]{ clgjfo{
;fk6
df}~bft
!
@
#
$
%
^
&
*
(
!)
!!
!@
!#
!$
!%
!^
!&
!*
!(
@)
@!
@@
@#
@$
@%
@^
@&
@*
@*
@(
#)
#!
238
-3_ ;/sf/L
;'/If0fkqdf
u/]sf] nufgL
-_ s'n
;DklQ
#@
s'n
cf};t
yk ljj/0fx?
-r_
-5_
-h_
-em_
-`_
-6_
-7_
-8_
-9_
Go'gtd sfod ug'{kg]{ cf};t j}wflgs t/ntf /sd

nufgL of]Uo sf]ifsf] cf};t /sd --s_ -v_ -r__
v'b j}wflgs t/ntf /sdsf] cf};t --r_ -u__
s'n Aofh vr{ --c_ -cf__
-c_ :jb]zL lgIf]kdf ePsf] Aofh vr{
-cf_ :jb]zL C0f tyf ;fk6df ePsf] Aofh vr{
;/sf/L ;'/If0fkqdf u/]sf] nufgLdf k|fKt s'n Aofh /sd
gfkmf gf]S;fg lx;fa adf]lhdsf] s'n ;~rfng vr{ --c_ -cf__
-c_ sd{rf/L vr{
-cf_ cGo ;~rfng vr{
cfwf/ Aofhb/ u0fgf k|of]hgsf] nflu s'n ;~rfng vr{ --c_ -cf__
-c_ sd{rf/L vr{
-cf_ cGo ;~rfng vr{
gfkmf gf]S;fg lx;fa adf]lhd kl5Nnf] dlxgfsf] v'b gfkmf-gf]S;fg_
;DklQdf k|ltkmn k|ltzt --8_*!@*!))-__
gf]6M
-!_
o; k|of]hgsf] nflu kl5Nnf] dlxgfsf] dfq cfDbfgL / vr{sf] -vr{sf] xsdf jflif{sLs/0f jf cg'dfg ug'{
kg]{ eP ;f]xL adf]lhdsf] kl5Nnf] dlxgfsf] vr{_ /sdnfO{ o;} kmf/dsf] a'Fbf g+= -@_ cGtu{tsf] yk
ljj/0fdf pNn]v u/L ;f]xL adf]lhd cfwf/ Aofhb/ u0fgf ug'{kg]{5 .
ldlt
b:tvt
239
g]=/f= a}+s lgb]{zg kmf=g+= !%=@

===================================== lnld6]8
cf};t Aofhb/ cGt/ -dfl;s_
@)==== ;fn ===== dlxgf
ut]
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:jb]zL shf{;fk6 /sd

-?=_
;/sf/L ;'/If0fkqdf u/]sf]

nufgL -?=_
Dffl;s cf};t -?=_

dfl;s
Aofh
cfDbfgL . Aofh
vr{ -?=_
Aofh cfDbfgL .
Aofh
vr{sf]
cf};t b/ k|ltztdf_
Aofhb/ cGt/ k|ltztdf_
240
:jb]zL lgIf]k /sd -?=_
cg';"rL !%=@
cf};t Aofhb/ cGt/ -Spread_ u0fgf ug]{ ;'q
hxfF,
Ic = shf{ ;fk6 afktsf] dfl;s Aofh cfDbfgL
Is = ;/sf/L ;'/If0fkqdf u/]sf] nufgLdf kfs]sf] dfl;s Aofh cfDbfgL
Id = lgIf]ksf] dfl;s Aofh vr{
d1 = ;f] dlxgfsf] hDdf lbg
d2 = ;f] dlxgfdf ;/sf/L ;'/If0fkqdf nufgL ePsf] hDdf lbg
C = dfl;s cf};t :jb]zL shf{ ;fk6
D = dfl;s cf};t :jb]zL lgIf]k
I
= dfl;s cf};t ;/sf/L ;'/If0fkqdf u/]sf] nufgL
k|li6s/0f M
-s_ shf{ ;fk6 afktsf] dfl;s Aofh cfDbfgL eGgfn] :jb]zL d'b|fdf k|jfx ePsf] s'n shf{ ;fk6af6
dlxgfe/df kfs]sf] ;fwf/0f Aofhsf] /sd ;Demg' kb{5 .
-v_ ;/sf/L ;'/If0fkqdf u/]sf] nufgLdf kfs]sf] dfl;s Aofh cfDbfgL eGgfn] ;/sf/L ;'/If0fkqdf u/]sf]
nufgLaf6 dlxgfe/df kfs]sf] ;fwf/0f Aofhsf] /sd ;Demg' kb{5 .
-u_ lgIf]ksf] dfl;s Aofh vr{ eGgfn] s'n :jb]zL lgIf]kdf ;f] dlxgfdf kfs]sf] Aofh vr{ /sd ;Demg'kb{5 .
-3_ dfl;s cf};t :jb]zL shf{ ;fk6 eGgfn] :jb]zL d'b|fdf k|jfx ePsf] shf{ ;fk6sf] b}lgs /sdsf] s'n
of]unfO{ ;f] dlxgfsf] hDdf lbgn] efu u/L cfpg] /sd ;Demg' kb{5 .
-_ dfl;s cf};t :jb]zL lgIf]k eGgfn] :jb]zL lgIf]ksf] b}lgs /sdsf] s'n of]u nfO{ ;f] dlxgfsf] hDdf lbgn]
efu u/L cfpg] /sd ;Demg' kb{5 .
-r_ dfl;s cf};t ;/sf/L ;'/If0fkqdf u/]sf] nufgL eGgfn] ;/sf/L ;'/If0fkqdf u/]sf] nufgLsf] b}lgs /sdsf]
s'n of]unfO{ ;f] dlxgfdf ;/sf/L ;'/If0fkqdf nufgL ePsf] hDdf lbgn] efu u/L cfpg] /sd ;Demg'
kb{5 .
241
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !^)&@
ljQLo ;|f]t ;+sng ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] ;+sng ug{]{ ljQLo ;|f]t ;DaGwdf g]kfn /fi6
a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 .
!= ljQLo ;|f]t ;+sng ;Ldf
-!_ s ju{sf Ohfhtkqk|fKt ;+:yfnfO{ ;fdfGotof lgIf]k ;+sng ;DaGwL s'g} ;Ldf nfUg] 5}g . t/,
;fk6Lsf] xsdf cfkm\gf] s'n lgIf]k bfloTjsf] a9Ldf Ps ltxfO;Dd kl/rfng ug{ ;Sg]5 .
-@_ v ju{sf] Ohfhtkqk|fKt ;+:yfn] cfgf] k|fylds k'FhLsf] a9Ldf lj; u'0ff;Dd ljQLo ;|f]t -Aofh jf lagf
Aofhdf :jLsf/ ul/g] s'g} klg k|sf/sf] lgIf]k, ;fk6L / ljleGg lsl;dsf C0f pks/0fx?_ ;+sng ug{
;Sg]5 . t/, ;fk6Lsf] xsdf cfgf] s'n lgIf]k bfloTjsf] a9Ldf Ps ltxfO;Dd kl/rfng ug{
;Sg]5 .
-#_ u ju{sf] Ohfhtkqk|fKt ;+:yfn] cfgf] k|fylds k'FhLsf] a9Ldf kGw| u'0ff;Dd ljQLo ;|f]t -Aofh jf lagf
Aofhdf :jLsf/ ul/g] s'g} klg k|sf/sf] lgIf]k, ;fk6L / ljleGg lsl;dsf C0f pks/0fx?_ ;+sng ug{
;Sg]5 . t/, ;fk6Lsf] xsdf cfgf] s'n lgIf]k bfloTjsf] a9Ldf Ps ltxfO;Dd kl/rfng ug{
;Sg]5 .
-$_ ljQLo ;|f]t ;+sng ;Ldf cg'udg ug]{ k|of]hgsf nflu 7Ls cl3Nnf] qodf;df sfod /x]sf] k|fylds
k'FhLnfO{ cfwf/ dflgg]5 .
@= ;+:yfut lgIf]k ;+sng ;Ldf ;DaGwdf
-s_ Ohfhtkqk|fKt ;+:yfn] s'g} Pp6f kmd{, sDkgL jf ;+ul7t ;+:yfaf6 cfgf] s'n lgIf]ksf] a9Ldf aL;
k|ltzt;Ddsf] ;Ldfdf gj9\g] u/L ;+:yfut lgIf]k kl/rfng ug{ kfpg] 5 .
-v_ Ohfhkqk|fKt ;+:yfsf] s'n lgIf]kdf ;+:yfut lgIf]ksf] c+z ^) k|ltzteGbf al9 sfod ug{ kfOg]
5}g .
:ki6Ls/0fM
;+:yfut lgIf]k eGgfn] ;/sf/L tyf ;/sf/L :jfldTjdf /x]sf ;+:yf Pjd\ ;+:yfgx? tyf To:tf ;+:yf
Pjd\ ;+:yfg dftxt ;+rflnt sf]ifx? / klAns lnld6]8 sDkgLx?sf] lgIf]k ;Demg' k5{ .
lgIf]k ;+sng tyf e'QmfgL ;DaGwL lgod tyf k|lqmof agfO{ nfu" ug'{ kg]{
-!_ Ohfhtkqk|fKt ;+:yfn] :jLsf/ ug]{ lgIf]ksf] cjlw, k|sf/ cflb ;Dk"0f{ lgod tyf sfo{ljlwsf af/]df
Ohfhtkqk|fKt ;+:yf cfkm}n] lgod agfO{ nfu" ug{' kg]{5 / To:tf] lgod tyf sfo{ljlw o; a}+ssf]
a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
-@_ Ohfhtkqk|fKt ;+:yfn] bz jif{b]lv rNtL gePsf tyf xs bfjL gk/]sf lgIf]k vftfx?sf] ljj/0f
k|To]s cfly{s jif{sf] klxnf] dlxgfleq o; a}+sdf k7fpg' kg]{5 .
-#_ Ohfhtkqk|fKt ;+:yfn] nfef+z 3f]if0ff u/]sf] ldltn] kfFr jif{;Dd klg ;DalGwt ;]o/wgL jf lghsf]
xsjfnf ;f] nfef+z lng gcfPdf k|To]s cfly{s jif{ ;dfKt ePsf] Ps dlxgfleq ;]o/wgLsf] gfd
gfd];L ;lxtsf] ljj/0f /fli6o:t/sf] kqklqsfdf sDtLdf Psk6s k|sfzg ug'{ kg]{5 . o:tf] ;'rgf
k|sfzgkl5 klg nfef+zsf] e'QmfgL lng gcfPdf ;DalGwt ;+:yfdf bfjL gePsf] nfef+z vftf
vf]nL /sdfGt/ ug'{ kg]{5 . o;/L /sdfGt/ ePsf] nfef+z /sdsf] ljj/0f clen]v u/L k|sfzg ubf{
Psd'i6 ?kdf k|sfzg ug{ ;lsg]5 . ;fy} k|sflzt ljj/0fsf] Ps k|lt o; a}+sdf k]z ug'{ kg]{5 .
242
-$_ Ohfhtkqk|fKt ;+:yfn] pka'Fbf -!_ jf -@_ adf]lhd rNtL gePsf jf bfjL gk/]sf lgIf]kx?sf] ljj/0f
cfly{s jif{ ;dfKt ePsf] Ps dlxgfleq /fli6o:t/sf] kqklqsfdf sDtLdf Psk6s lgIf]kstf{sf] gfd
gfd];L ;lxt k|sfzg ug'{ kg]{5 .
-%_ Ohfhtkqk|fKt ;+:yfn]] k|fs[lts JolQm jf gfkmf sdfpg] p2]Zo g/fvL :yfkgf ePsf ;+3;+:yfx? x'nfs art a}+s ;d]t_ sf] xsdf dfq art vftf vf]Ng ;Sg]5 . k|fs[lts JolQmgfkmf sdfpg]
p2]Zo g/fvL :yflkt ;+:yfx? afx]s cGo ;+:yflgsfojf6 art vftf vf]n]sf] cj:yfdf clanDj
aGb ug'{ kg]{5 . ;fy}, :jLsfo{ a}+ls dfGotf cg'?k ;DalGwt ;+:yfn] r]sa's hf/L ug]{ vftf tyf
hf/L gug]{ vftf 5'ofO{ ;f]xL cfwf/df r]sa's hf/L ug]{ Joj:yf ug'{ kg]{5 .
t/, pQm Joj:yfn] k|fs[lts JolQm afx]ssf cGo ;+3, ;+:yf, sDkgL nufotsf ck|fs[lts JolQmn]
Aofh cfh{g x'g] u/L art vftf afx]ssf cGo vftf vf]Ng afwf k'ofpg] 5}g .
$ ;fk6L lng ;Sg]
-!_ Ohfhtkqk|fKt ;+:yfn] a'Fbf g+= ! df plNnlvt ;Ldfleq /xL Ohfhtkqk|fKt ;+:yf, JolQm, kmd{,
sDkgL tyf ;+ul7t ;+:yf;Fu ;fk6L lng ;Sg] 5 .
-@_ pka'Fbf -!_ df h'g;'s} s'/f n]lvPsf] ePtf klg ljb]zL ;/sf/ jf cGt/f{li6o ;+3;+:yfaf6 s'g}
cfly{s ;xfotf jf C0f lng'k/]df Ohfhtkqk|fKt ;+:yfn] o; a}+ssf] :jLs[lt lng' kg]{5 . ljb]zL
d'b|fdf cfly{s bfloTj gkg]{ u/L ljb]zL ;+:yf jf lghsf] g]kfn /fHodf :yflkt ;+:yf jf kl/of]hgfaf6
o; a}+saf6 k'j{ :jLs[lt lnO{ Ohfhtkqk|fKt ;+:yfn] :jb]zL d'b|fdf C0f tyf cg'bfg lng ;Sg]5g\ .
%= l8a]~r/ tyf cGo C0f pks/0fx? hf/L ug{] ;DaGwL Joj:yf
b]xfodf plNnlvt zt{x? k'/f u/]sf] s / v ju{sf O{hfhtkqk|fKt ;+:yfn] a'Fbf g+= ! sf] clwgdf /xL
a9Ldf cfgf] k|fylds k'FhLsf] krf; k|ltzt;Ddsf] l8a]~r/cGo C0f pks/0f hf/L ug{ :jLs[ltsf] nflu
o; a}+sdf lgj]bg k]z ug'{ kg]{5 . To:tf] lgj]bg dfly cfjZos 5fgjLg u/L pko'Qm 7fg]df o; a}+sn]
l8a]~r/ tyf cGo C0f pks/0f hf/L ug{] :jLs[lt lbg ;Sg]5 M
-!_ ljQLo sf/f]af/ k|f/De u/]sf] kfFr jif{ k'/f ePsf],
-@_ ;j{;fwf/0fdf laqmL ljt/0f ug'{ kg]{ ;]o/ laqmL ljt/0f u/L lwtf]kq ljlgdo ahf/df ;'rLs[t
eO;s]sf] /
-#_ ;l~rt gf]S;fgL afFsL g/x]sf] .
t/, l8a]~r/ tyf cGo C0f pks/0f hf/L ug{ :jLs[lt lng] Ohfhtkqk|fKt ;+:yfx?n] Discount
Factor cGtu{t /fVg' kg]{ Capital Redemption Reserve clgjfo{ ?kdf /fVg' kg]{5 .
^= lgIf]k sf/f]af/ ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cGo k|rlnt sfg'g adf]lhd lgIf]k kl/rfng tyf shf{sf]
sf/f]af/ ul//x]sf ljQLo ;+:yfx?df lgIf]k /fVg tyf shf{sf] sf/f]af/ ug{ kfOg] 5}g .
&= Ohfhtkqk|fKt ;+:yfn] Ps csf{df lgIf]k vftf vf]Ng] ;DaGwdf
-s_ Ohfhtkqk|fKt ;+:yfn] o; a}+saf6 Ohfhtkqk|fKt cGo s'g} klg a}+s tyf ljQLo ;+:yf jf s'g} klg
k|sf/sf] lgIf]k ;DaGwL sf/f]af/ ug]{ ;+:yfdf Aofh k|fKt x'g] u/L s'g} klg k|sf/sf] :jb]zL lgIf]k
vftf vf]Ng kfOg] 5}g .
-v_ t/, of] Joj:yfn] b]xfo adf]lhdsf /sdx? Aofh cfh{g x'g] u/L /fVg /f]s nufPsf] dflgg] 5}g .
sd{rf/L cjsfz sf]if jfktsf] /sd,
z'? ;fj{hlgs lgisf;g, k'gM ;fj{hlgs lgisf;g / xsk|b ;]o/ lgisf;gaf6 ;+sng ePsf]
/sd hDdf u/L Aofh cfh{g x'g] c:yfoL k|s[ltsf lgIf]k vftf,
ljb]zL d'b|fsf] vftf,
-u_ pko'{Qm a'Fbf g+= -v_ afx]ssf Aofh cfh{g x'g] u/L o; k'j{ vf]lnPsf d'2lt lgIf]k vftfx?sf xsdf
;f] sf] e'QmfgL cjlw -Maturity Period_ ;dfKt eP kZrft gjLs/0f ug{ kfOg] 5}g .
243
-3_ o; a'Fbfsf] v08 -s_ df h'g;'s} s'/f n]lvPsf] ePtf klg Ohfhtkqk|fKt v / u ju{sf ljQLo
;+:yfx?n] cGo Ohfhtkqk|fKt ;+:yfx?df dfu]sf avt lkmtf{ kfpg] k|sf/sf] vftf -Call Deposit_
vf]Ng ;Sg]5g\ .
*= ;LdfeGbf a9L ljQLo ;|f]t ;+sng u/]df ;Ldfleq Nofpg] ;dofjlw
Ohfhtkqk|fKt ;+:yfn] o; a}+ssf] ljQLo ;|f]t ;+sng ;DaGwL Joj:yf cGtu{t tf]s]sf] ;Ldf eGbf a9L x'g]
u/L ljQLo ;|f]t kl/rfng u/]sf] jf ;fk6L lnPsf] ca:yfdf To:tf] ;LdfeGbf a9L ;+sng ul/Psf] ljQLo
;|f]t jf ;fk6L] ;Ldf eGbf sddf gcfP;Ddsf] cjlwsf] nfuL b}lgs ?kdf k|rlnt a}+sb/n] x'g cfpg] /sd
;DalGwt ;+:yfnfO{ xhf{gf nufpg ;lsg] 5 . ;fy}, To:tf] ;+:yfsf] sfo{sf/L k|d'vnfO{ ;d]t ?= Ps
nfv;Dd hl/jfgf nufpg ;lsg] 5 / o:tf] /sd sfo{sf/L k|d'vaf6 JolQmut ?kdf c;'npk/ ul/g] 5 .
o; k|of]hgsf] nflu n]vfk/LIf0f ePsf] ;a}eGbf kl5Nnf] ljQLo ljj/0faf6 sfod x'g cfpg] k|fylds
k'FhLnfO{ cfwf/ lnO{ u0fgf ul/g] 5 . ;fk6L ;DaGwL b}lgs ljj/0f xfn o; a}+s ;dIf k]z x'Fb} cfPsf] clgjfo{
df}Hbft ;DaGwL ;fKtflxs ljj/0f -lgb]{zg kmf=g+= !#=!_ df Pp6f 5'} ;fk6L zLif{s sfod u/L ;fk6L lnOPsf]
s'n /sd v'nfpg' kg]{5 .
(= ;fj{hlgs ;]o/ lgisfzg ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;~rfngdf cfPsf] ldltn] tLg jif{leq ;j{;fwf/0fsf] nflu
5'6\ofOPsf] ;]o/ laqmL ljt/0f u/L ;Sg' kg]{5 . ;fy}, k|rlnt lwtf]kq ;DaGwL sfg'gsf] clwgdf /xL
;fj{hlgs ?kdf k'gM ;]o/ lgisfzg (Further Public Issue) ug{ ;Sg]5g\ .
!)= ;]o/ lgIf]k of]hgf ;~rfng ug{ ;Sg]]
Ohfhtkqk|fKt ;+:yfn] b]xfo adf]lhdsf zt{ cGtu{t /xL ;]o/ lgIf]k (Share Deposit_ of]hgfx? ;~rfng
ug{ ;Sg]] 5g\ M
-s_ ;]o/ lgIf]k of]hgf cGtu{t art ug]{ artstf{xn] pQm sDkgLsf] ;]o/ vl/b ug{ -;+:yfks ;d'x_
rfx]sf] cj:yfdf a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# tyf o; a}+saf6 hf/L ePsf] PsLs[t
lgb]{zg tyf Ohfhtkq k|bfg ul/g] gLltdf pNn]v ePsf k|fjwfgx cg';f/ ;+:yfks x'g tf]lsPsf]
of]Uotfx k'/f u/]sf] x'g' kg]{ .
-v_ ;]o/ lgIf]k of]hgf cGtu{t hDdf ePsf] lgIf]knfO{ ;fwf/0f ;]o/df -;+:yfks ;d'x_ kl/jt{g ug{
rfxg] lgIf]kstf{xn] lwtf]kq sf/f]af/ ;DaGwL k|rlnt P]gdf pNn]v ePsf Joj:yf Pjd\ k|lqmofx
kfngf ug'{ kg]{ / o;/L artstf{xnfO{ ;+:yfks ;d'xsf] ;]o/ k|bfg ug]{ ;dodf a}+s tyf ljQLo
;+:yfn] g]kfn lwtf]kq af]8{af6 ;d]t clgjfo{ ?kdf :jLs[lt lnP/ dfq OR5's artstf{x?nfO{
;+:yfks ;]o/ lbg' kg]{ .
-u_ pQm of]hgf cGtu{t ;xefuL eO{ ;+:yfks ;]o/ vl/b ug{ rfxg] artstf{xnfO{ a}+s tyf ljQLo
;+:yf ;DaGwL P]g, @)^#, o; a}+sn] hf/L u/]sf gLltut Joj:yfx tyf cGo k|rlnt P]g, sfg'gsf]
clwgdf /xL k|rlnt lwtf]kq ;DaGwL P]g, lgod, lgb]{lzsfsf] kfngf u/L cfjZos k|lqmof k'/f u/]/
dfq ;+:yfks ;d'xsf] ;]o/ vl/b ug{ ;Sg] eGg] Joxf]/f ;fj{hlgs hfgsf/Lsf nflu k|sflzt x'g]
;fdu|L ;DalGwt sDkgLsf] cfGtl/s gLltlgoddf ;d]t :ki6;Fu pNn]v x'g' kg]{ .
!!= ;xfos cfjlws C0fkq tyf e'QmfgL of]Uo ckl/jt{gLo cu|flwsf/ ;]o/ hf/L ug{ ;Sg]
s / v ju{sf O{hfhtkqk|fKt ;+:yfn] ;'/If0f g/flvPsf] ;xfos cfjlws C0fkq (Subordinated Term
Debt) / e'QmfgL of]Uo ckl/jt{gLo cu|flwsf/ ;]o/ (Redeemable Non-Convertible Preference Share)
hf/L ubf{ o; ;DaGwL cGo Joj:yfsf cltl/Qm lgDg zt{x?sf] clwgdf /xL ug{' kg]{]5 M
-!_ C0fkq s'g} klg ;'/If0f g/fvL lgisfzg ug{' kg{],
-@_ C0fkqsf] cjlw tf]s]sf] x'g' kg]{,
-#_ C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/df k|bfg ul/g] Aofhnfef+z e'QmfgL ug]{ cjlw,
jflif{s Aofhb/ k|ltztdf tf]Sg' kg{], Aofhb/ kl/jt{g ug{ gkfOg] / cflh{t Aofh /sddf cfos/ P]g
cg';f/ cfos/ nfUg]nufpg] Joj:yf ug{' kg{],
-$_ a}+s lj36g ePsf] cj:yfdf C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/sf] e'QmfgL
lgIf]kstf{eGbf kl5 dfq x'g],
244
-%_
-^_
-&_
C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/ hf/L ePsf] ldltn] ^ dlxgfleqdf g]kfn lwtf]kq
ljlgdo ahf/df ;'rLs[t ug{' kg{],
C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/ lgisfzg ug'{ cl3 tof/ ul/g] ljj/0fkq o;
a}+ssf] ;xdlt lnP/ dfq k|sflzt ug{' kg{],
C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/sf] /sd e'QmfgL ug{ l;h{gf ul/g] k'FhL lkmtf{ hu]8f
sf]if (Capital Redemption Reserve) sf] Joj:yf ug{ lgDgfg';f/ sf]if l;h{gf u/]sf] x'g' kg]{ .
-s_ lgisfzg ul/Psf] cfly{s jif{ / e'QmfgL x'g] cfly{s jif{ To:tf] e'QmfgL sf]if (Redemption
Reserve) df s'g} /sd ljlgof]hg gu/] klg x'g],
-v_ e'QmfgL cjlw afFsL /x];Dd To;kl5sf k|To]s jif{ aflif{s d'gfkmfaf6 sDtLdf ;dfg'kflts
(Proportionate) cfwf/df /sd 5'6\ofpg' kg]{,
-u_ v08 -v_ adf]lhd ;dfg'kflts cfwf/df 5'6\ofpg' kg]{ /sd eGbf a9L /sd 5'6\ofpg] ePdf
s'g cfly{s jif{df slt /sd 5'6\ofpg] xf] :ki6 pNn]v ug{' kg{] .
-*_ Private placement sf] cfwf/df laqmL ul/g] C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/sf]
;DaGwdf s'g} ;+3;+:yf;Fu clu|d s'g} ;Demf}tf ePsf] eP ;f] ;Demf}tfsf] k|ltlnkL k]z ug{' kg{],
-(_ olb s'g} kIfn] ;f] kIfnfO{ 5'6\ofOPsf] C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/ vl/b gu/]df
;f] csf{] kIfnfO{ laqmL ug{] Joj:yf ug'{ kg]{,
-!)_ C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/df cflh{t Aofh nufgLstf{x?nfO{ slxn] e'QmfgL
ug]{ eGg] ljifodf ljj/0fkqsf] Aofhnfef+z e'QmfgL ug]{ ;do (Interest/Preferred Dividend
Payment Timing) zLif{s cGtu{t :ki6 pNn]v ug'{ kg]{,
-!!_ C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ ;]o/df cfj]bg ug{] k|To]s cfj]bsnfO{ lghn] cfj]bg
u/]sf] /sddf cfj]bg u/]sf] ldltb]lv afF8kmfF8 x'g] lbg;Ddsf] cjlwsf nflu k|rlnt ahf/sf] b/n]
vl08t cjlwsf] Aofh (Broken Period Interest) k|bfg ug'{ kg]{ / ;f] ljifodf ljj/0fkqdf :ki6
pNn]v ug'{ kg]{,
-!@_ C0fkqe'QmfgLof]Uo ckl/jt{gLo cu|flwsf/ z]o/ e'QmfgL u/]kl5 e'QmfgL sf]if (Redemption
Reserve) df afFsL /x]sf] /sdnfO{ k'FhL ;dfof]hg sf]ifdf /sdfGt/ ug{' kg]{5 .
!@= aLdf of]hgf ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] lgIf]k :jLsf/ ubf{sf] avtdf g} vftfx? aLdf x'g] Joj:yf ug]{
ePdf jLldt vftfsf Ps} k|s[ltsf lgIf]kstf{x?sf aLrdf s'g} lje]b gx'g] tyf lgIf]kstf{nfO{ yk Jooef/
gkg]{ u/L o:tf] of]hgf ;~rfng ug{ ;Sg] 5g\ . aLdfn]v -Insurance Policy_ df pNn]v ul/g] ;]jf, zt{ /
;'ljwfx?sf] ;DaGwdf jLldt lgIf]kstf{nfO{ lgIf]k :jLsf/ ubf{ s} avtdf :ki6 hfgsf/L u/fpg' kg]{5 .
!#= lgIf]k ;+sng sfo{nfO{ cfsif{s agfpg pkxf/ ;DaGwL sfo{qmd ;~rfng ug{ gkfO{g] ;DaGwdf
a}+s tyf ljQLo ;+:yfx?n] lr6\7fdf cfwfl/t s'g} klg k|sf/sf] lgIf]k pkxf/ sfo{qmd ;~rfng ug{ kfOg] 5}g
. t/, ;DalGwt a}+sljQLo ;+:yfn] tf]s]sf lglZrt dfkb08x? cGtu{t kg]{ ;Dk"0f{ lgIf]kstf{x?sf aLrdf s'g}
lje]b gu/L To:tf ;a} lgIf]kstf{x?n] lgIf]k /sdsf] cfwf/df ;dfg?kdf pkxf/ k|fKt ug]{ u/L lgIf]k pkxf/
sfo{qmd ;~rfng ug{ eg] o; Joj:yfn] s'g} afwf k'ofPsf] dflgg] 5}g .
!$= lgIf]k ;'/If0f u/fpg] ;DaGwdf
o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf] ;+:yfdf k|fs[lts JolQmsf gfddf art tyf
d'2lt vftfdf /x]sf] ? @ nfv;Ddsf] lgIf]k lgIf]k tyf shf{ ;'/If0f lgud ;Fu ;'/If0f ug]{u/fpg]
Joj:yf ug'{ kg]{ / ;f] /sdnfO{ j[l4 u/L qmdzM ? % nfv;Ddsf] lgIf]k lgIf]k tyf shf{ ;'/If0f lgud
;Fu ;'/If0f u/fpg] cfjZos Joj:yf ldnfpg' kg]{5 .
;fy}, Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf] ;+:yfdf /x]sf] @ nfv ?k}ofF;Ddsf] JolQmut art
tyf d'2lt lgIf]ksf] /sd / To:tf lgIf]kstf{sf] ;+VofTds ljj/0f q}dfl;s ?kdf qodf; ;dfKt ePsf] Ps
dlxgfleq lgIf]k tyf shf{ ;'/If0f lgudnfO{ pknAw u/fpg' kg]{5 .
245
!%= ljb]zL nufgLaf6 cflh{t nfef+z /sdsf] lgIf]k vftf vf]Ng] ;DaGwdf
ljb]zL nufgLstf{n] g]kfnleq nufgL u/L cfh{g u/]sf nfef+z /sd ;DalGwt b]zsf] ;/sf/L lgsfo jf
s]Gb|Lo a}+ssf] ;xdtLdf a}+s tyf ljQLo ;+:yfdf d'2lt vftf vf]nL hDdf ug{ ;Sg] / ;f] lgIf]k tyf
lgIf]kaf6 cflh{t Aofhsf] l/Kof6Lo;g (Repatriation) b]xfosf] zt{df ljb]zL ljlgdo Joj:Yffkg ljefuaf6
:jLs[lt lnP/ dfq ug{ kfpg] Joj:yf sfod ul/Psf] 5 M
zt{x?M
-!_ ljlgdo b/, Aofhb/, nufotsf s'g} klg hf]lvd ;DalGwt nufgLstf{n] g} axg ug'{ kg]{ .
-@_ o:tf] d'2lt lgIf]ksf] cjlw sDtLdf ! jif{sf] x'g' kg]{ / To:tf] lgIf]ksf] lwtf]df s'g} lsl;dsf] shf{
lng gkfpg] .
-#_ o:tf] lgIf]k vftf vf]Ng' cl3 o; a}+ssf] ljb]zL ljlgdo Joj:yfkg ljefusf] k'j{ :jLs[lt lng'kg]{ .
-$_ o:tf] lgIf]k tyf Aofhsf] cw{jflif{s ljj/0f o; a}+ssf] ljb]zL ljlgdo Joj:yfkg ljefudf k]z
ug'{kg]{ .
!^= a}+s tyf ljQLo ;+:yfx?af6
gul/Psf r]sx? ;d]t e'QmfgL of]Uo Good Instrument

x'Fbfx'Fb} klg wf/s -Holder_ n] yk lglZrttf -Assurance_ ug{ rfx]sf] v08df Good for Payment ug]{
k|of]hgsf] nflu b]xfosf] Joj:yf sfod ul/Psf] 5M
Good for Payment
!= r]s Good for Payment ug]{ a}+s tyf ljQLo ;+:yfn] ;f] r]s a/fa/sf] /sd 5'} vftfdf hDdf u/L
;f]sf] System Printed k|df0f r]sdf pNn]v ug]{ jf r]s;Fu pknAw u/fpg] Joj:yf u/L ;f]sf] clen]v
/fVg' kg]{ .
@=
#=
ul/g] r]ssf] ldlt Good for payment u/]sf] ldlt eGbf kl5sf] x'g gx'g] .
Good for Payment r]s hf/L ug]{ ;DaGwL cffGtl/s lgoGq0f tyf ;Gt'ngsf] Joj:yf u/L o:tf] r]s
hf/L ePsf] ljj/0f k|d'v ;~rfng clws[tnfO{ pknAw ug]{ u/fpg] Joj:yf ldnfpg' kg]{ .
$= Good for Payment r]s lwtf] /fvL shf{ lnglbg gkfOg] .
%= Good for Payment r]s hf/L ubf{ hf/L ug]{ sfof{nosf sDtLdf b'O{ hgf kbflwsf/Ln] cfgf] sf]8 g+=
;lxt gfd, kb / ldlt v'nfO{ b:tvt u/L ;+:yfsf] 5fk ;d]t nufpg' kg]{ .
t/ g]kfn ;/sf/n] e'QmfgL kfpg] u/L k|rlnt gLltut Joj:yfsf] clwgdf /x]/ Good for Payment
r]s hf/L ug{ dfly plNnlvt Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
Good for Payment
!&= vf/]hL / jrfpm

PsLs[t lgb]{zg, @)&! sf] ljQLo ;|f]t ;+sng ;DaGwL Joj:yf O=k|f= lgb]{zg g+= !^)&! af6 hf/L
;Dk"0f{ kl/kqx? .
246
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !&)&@
ljkGg ju{ tyf tf]lsPsf pTkfbgzLn If]qdf k|jfx ug"{kg]{ shf{ ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] ljkGg ju{ tyf tf]lsPsf pTkfbgzLn If]qdf
k|jfx ug'{kg]{ shf{x?sf] ;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L b]xfosf]
lgb]{zg hf/L ul/Psf] 5 .
1.
Ohfhtkqk|fKt s, v / u ju{sf a+}s tyf ljQLo ;+:yfx?n] cfgf] s'n shf{ ;fk6 -laN; vl/b
tyf l8:sfp06;d]t_ sf] qmdzM Go'gtd $=% k|ltzt, $=) k|ltzt / #=% k|ltzt ljkGg ju{df shf{ k|jfx
ug'{ kg]{5 .
o; lgb]{zgsf] k|of]hgsf nflu ljkGg ju{ eGgfn] Go'g cfo ePsf / vf;u/L ;fdflhs?kdf lk5l8Psf
dlxnf, hghflt, blnt ju{, cGwf, alx/f, zfl//Ls?kn] ckf JolQmx?, ;LdflGts[t ;d'bfo tyf
;fgfls;fg, sflnu9, dhb'/ / e"ldxLg kl/jf/nfO{ ;Demg' kb{5 . ljkGg ju{sf] cfly{s tyf ;fdflhs
pTyfgsf] nflu ;~rfng x'g] :j/f]huf/d"ns n3' pBdx? ;~rfng ug{ o; a}+sf/f tf]lsPsf] ;Ldf;Dd
k|jfx x'g] n3' shf{nfO{ ljkGg ju{ shf{ egLPsf] 5 .
2. ljQLo sf/f]af/ ug{ Ohfhtkqk|fKt ;+:yf tyf gofF vf]lng] jf :t/f]Gglt eO{ sf/f]af/ ;~rfng u/]sf] !
jif{kl5sf] q}dfl;s cjlwdf ^ dlxgf cl3sf] s'n afFsL shf{ ;fk6sf] cfwf/df ljkGg ju{df clgjfo{?kn]
shf{ k|jfx ug'{ kg]{5 .
3.
Ohfhtkqk|fKt;+:yfn] lgDg cg';f/ k|ToIf ?kdf k|jfx u/]sf] shf{nfO{ ljkGg ju{df k|jfx ePsf] shf{df
u0fgf ul/g]5 .
-s_ ljkGg jf Go"g cfo ePsf JolQmnfO{ n3' pBd jf Joj;fo ;~rfng ug{ k|lt;d"x ;b:oJolQmnfO{
;fd"lxs JolQmut hdfgtdf k|bfg u/]sf] a9Ldf Ps nfv ?k}ofF;Ddsf] n3' shf{ . ljut b'O{
jif{b]lv shf{ pkef]u u/L c;n ju{df k/]sf ;d"x ;b:oJolQmsf] xsdf o:tf] ;Ldf b'O{ nfv ?k}of
sfod ul/Psf] .
-v_ gjLs/0fLo phf{ k|ljlw cGtu{t krf; lsnf]jf6;Ddsf] n3' hnljB't kl/of]hgf -Micro Hydropower
Project_, 3/]n' ;f}o{ ljB't k|0ffnL -Solar Home System_, ;f}o{ r'nf] -Solar Cooker_, ;f}o{ 8fo/ -Solar
Dryer_, ;f}o{ ljB't kDk -Solar Pump_, afof]UofF; -Biogas_, ;'wfl/Psf] kfgL 36\6 -Improved Water
Mill_, ;'wfl/Psf] r'nf] -Improved Cook Stoves_ / jfo' phf{ -Wind Energy_ k|of]hgdf k|ltkl/jf/ Ps
nfv ?k}ofFdf gj9\g] u/L k|jfx u/]sf] shf{ . ljut b'O{ jif{b]lv shf{ pkef]u u/L c;n ju{df k/]sf
C0fLsf] xsdf o:tf] ;Ldf Ps nfv krf; xhf/ ?k}of sfod ul/Psf] .
-u_ ljkGg jf Go"g cfo ePsf JolQmnfO{ n3' pBd jf Joj;fo ;~rfng ug{sf nflu :jLsf/of]Uo
lwtf];fd"lxs hdfgLdf ;d"x ;b:onfO{ k|ltJoj;fo tLg nfv ?k}ofFdf ga9\g] u/L pknJw u/fPsf]
n3' pBd shf{ . ljut b'O{ jif{b]lv shf{ pkef]u u/L c;n ju{df k/]sf ;d"x ;b:osf] xsdf o:tf]
;Ldf kfFr nfv ?k}of sfod ul/Psf] .
-3_ j}b]lzs /f]huf/df hfg] JolQmx?nfO{ lwtf] lnO{ jf glnO{ pknAw u/fPsf] k|ltJolQm ?= Psnfv krf;
xhf/;Ddsf] shf{ .
-_ g]kfn ;/sf/sf] o'jf :j/f]huf/ tyf /f]huf/ k|lzIf0f sfo{qmd cGtu{t j}b]lzs /f]huf/df hfg]
sfdbf/nfO{ g]kfn ;/sf/n] tf]s]sf] a}+ssf] ;dGjodf s'g} klg s ju{sf Ohfhtkqk|fKt ;+:yfn]
k|bfg u/]sf] j}b]lzs /f]huf/ shf{ .
247
4.
-r_ ljkGg ju{ shf{ k|fKt ug{ of]Uo JolQm;d'bfon] Psn jf ;fd'lxs?kdf un}+rfsf] nflu cfjZos kg]{ pmg
pTkfbg ug]{ k|of]hgfy{ e]8fkfng ug{ jf un+}rf a'Gg] tfg /fVgsf nflu a}+s tyf ljQLo ;+:yfx?jf6
:jLsf/of]Uo lwtf] lnO{ k|lt kl/jf/ ?=# nfvdf ga9\g] u/L -ljut b'O{ jif{b]lv ljkGg ju{ shf{ pkef]u
u/L c;n ju{df k/]sfsf] nflu ?= $ nfv x'g]_ k|jfx ePsf] shf{ .
To;}u/L, ljkGg ju{ shf{ k|fKt ug{ of]Uo ;LdfGtLs[t ;d'bfo tyf ;fgf ls;fg jf ls;fg ;d'bfon]
dnvfb tyf ljpljhg vl/b, ;fd'lxs ?kdf pTkfbg e08f/0fsf] nflu zLt e08f/ -Cold Storage_
lgdf{0f, pTkfbgsf] ahf/Ls/0f, ;fgf l;+rfO{ s'nf], :ofnf] 6\o'jj]n h8fgh:tf p2]Zosf nflu klg a}+s
tyf ljQLo ;+:yfx?af6 :jLsf/of]Uo lwtf] lnO{ k|lt kl/jf/ ?=# nfvdf ga9\g] u/L k|jfx ul/Psf] shf{ .
;fy}, kz'kfng, dT:okfng, df}/Lkfng h:tf Joj;fosf] nflu k|lt kl/jf/ ?= $ nfv k}ofF;Ddsf] shf{ .
-5_ dlxnfx?f/f ;~rflnt n3' pBdnfO{ a}+s tyf ljQLo ;+:yfaf6 k|jfx ePsf] ?= $ nfv;Ddsf] shf{
. ;fy}, dlxnfx?f/f ;~rflnt n3' pBdnfO{ a}+s tyf ljQLo ;+:yfaf6 ;DalGwt kl/of]hgfsf]
lwtf]df k|jfx ePsf] ?= & nfv;Ddsf] kl/of]hgf shf{ .
o;/L shf{ k|jfx ubf{ k|rlnt sfg"gsf] clwgdf /xL kl/of]hgfsf] lwtf]df k|jfx ug'{kg]{ 5 / lgIf]k
tyf shf{ ;'/If0f lgudaf6 clgjfo{ ?kdf ;'/If0f ug]{ u/fpg] Joj:yf ;d]t ldnfO{ k|jfx ug'{ kg]{5 .
-h_ u|fdL0f If]qdf ul7t pkef]Qmf ;ldlt jf To:tf] If]qdf sfo{/t ;xsf/L ;+:yf dfkm{t ;fd'bflos l;+rfO{
k|0ffnL]df k|jfx u/]sf] shf{ tyf u|fdL0f If]qdf 6ofS6/, y|];/ tyf cGo s[lif cf}hf/ vl/b ug]{
k|of]hgsf] nflu k|jfx ePsf] shf{ .
-em_ dfWolds tyf pRr dfWolds tx ;/xsf] k|fljlws tyf Jofj;flos lzIff cWoogsf] nflu ljkGg
kl/jf/sf o'jfx?nfO{ a}+s tyf ljQLo ;+:yfx?af6 lagf lwtf]df k|jfx x'g] ?=@ nfv;Ddsf] shf{ .
o;/L k|jfx x'g] shf{sf] lgIf]k tyf shf{ ;'/If0f lgudaf6 clgjfo{ ?kdf ;'/If0f ug]{ u/fpg] Joj:yf
ug'{ kg]{5 .
-`_ ;fd'bflos pkef]Qmf ;ldlt jf lghL If]q jf ;xsf/L ;+:yfn] %)) lsnf]jf6 Ifdtf;Ddsf] hnljB't
cfof]hgfsf] s'n nfutsf] sDtLdf %) k|ltzt jf ;f] eGbf a9L nufgL ug]{ kl/of]hgfdf a}+s tyf
ljQLo ;+:yfx?n] ;fd'bflos pkef]Qmf ;ldlt jf lghL If]q jf ;xsf/L ;+:yfnfO{ k|bfg ug]{ ?= !
s/f]8;Ddsf] shf{ tyf ;fk6 .
-6_ ;fgf ls;fg ju{n] cGgafnL ;+/If0f ug]{ k|of]hgfy{ ;fd'lxs :jfldTjdf sf]N8:6f]/]h :yfkgf ug{ rfx]df
;f]sf] nflu k|jfx x'g] k|lt kl/jf/ = # nfv;Ddsf] shf{ .
-7_ l/S;f ;~rfng x'g] t/fO{sf ;Dk"0f{ lhNnfx?df l/S;f rfnsx?nfO{ cfg} :jfldTjdf l/S;f vl/b u/L
cfkm} ;~rfng ug]{ k|of]hgsf nflu pQm l/S;fs} lwtf]df k|jfx ePsf] shf{ .
-8_ u|fdL0f If]qdf sfo{/t ;xsf/L ;+:yfnfO{ s[lif ;DaGwL kf]i6 xfe]{i6 ;]jf pknAw u/fpg] kl/of]hgf
;~rfngsf] nflu a}+s tyf ljQLo ;+:yfx?n] k|bfg ug]{ ?= ! s/f]8;Ddsf] shf{ tyf ;fk6 .
-9_ r]kf h:tf lk5l8Psf cNk;+Vos hflt, ;'s'Djf;L, d'Qm sd}of, xlnof, sDn/L, jfbL ;d'bfo cflbnfO{
3/ lgdf{0f ug{ a}+s tyf ljQLo ;+:yfn] lagf lwtf] k|bfg u/]sf] ?=@ nfv;Ddsf] shf{ .
-0f_ art tyf C0f ;DaGwL sf/f]af/ ug]{ ;xsf/L ;+:yfx? afx]s cGo ;DalGwt ljifout ;xsf/L ;+:yfn]
;d'x ;b:o dfkm{t ;fd'lxs v]tL tyf kz'k+IfLkfng ug]{ k|of]hgsf] nflu k|lt ;b:o ?=() xhf/
ggfg] u/L ;d'x ;b:o ;+Vofsf] cfwf/df shf{ ;Ldf sfod x'g] u/L k|jfx ePsf] clwstd ?= Ps
s/f]8;Ddsf] shf{ .
o;/L k|jfx ePsf] shf{ b'?kof]u ePsf] kfOPdf To:tf] shf{nfO{ v/fj shf{df jlu{s/0f u/L !%)
k|ltzt hf]lvd ef/ sfod ug'{ kg]{5 .
-t_ hnljB't kl/of]hgfn] :yfgLo afl;Gbfx?sf nflu 5'6\ofPsf] ;]o/ v/Lb ug{ k|jflxt k|lt kl/jf/ ?=
krf; xhf/ ;Ddsf] shf{ .
Ohfhtkqk|fKt ;+:yfx?af6 lgDg cg';f/ ck|ToIf ?kdf k|jfx ePsf] shf{nfO{ ljkGg ju{df k|jfx ePsf]
shf{df u0fgf ul/g]5 .
248
%=
^=
&=
*=
-s_ ljkGg ju{df shf{ k|jfx ug]{ zt{df o; a}+saf6 3 ju{sf] Ohfhtkqk|fKt ;+:yfx? tyf ljQLo
dWo:ytfsf] sfd ug]{ ;+:yf ;DaGwL k|rlnt sfg'g adf]lhd n3' ljQ ;DaGwL sfo{ ug{ :yfkgf
ePsf ;+:yfx?nfO{ ;+:yfut Ifdtf tyf ;+:yfut hdfgLdf k|jfx u/]sf] yf]s shf{ .
-v_ ul/jLsf] /]vfd'lg /x]sf, ljkGg jf Go'g cfo ePsf hgtfsf] cfo tyf /f]huf/ a9fpg o; a}+saf6
Ohfhtkqk|fKt s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] d"Nofg u/L of]Uo 7fg]sf u|fdL0f
If]qdf :yfkgf eO{ sfo{/t ;xsf/L ;+:yfx?nfO{ ljkGg ju{df nufgL ug]{ u/L yf]s shf{ pknAw
u/fpg ;Sg]5g\ .
-u_ ;fgf ls;fg ;xsf/L ;+:yf Pjd\ n3' ljQ sf/f]af/ ug]{ ;+:yfx?nfO{ yf]s shf{ k|jfx ug]{ p2]Zon]
:yfkgf ePsf 3 ju{sf n3'ljQ ljsf; a}+snfO{ k|jfx ul/Psf] yf]s shf{ .
-3_ o; a}+saf6 Ohfhtkqk|fKt ljQLo ;+:yfx?n] s, v / u ju{sf Ohfhtkqk|fKt a}+sljQLo
;+:yfaf6 shf{ lnO{ j}b]lzs /f]huf/df hfg] sfdbf/nfO{ k|jfx u/]sf] ?= Ps nfv krf;xhf/ ;Ddsf]
shf{ . pko{'Qm shf{ ;DalGwt s, v / u ju{sf Ohfhtkqk|fKt a}+sljQLo ;+:yfsf] ljkGg
ju{ shf{ nufgLdf dfq u0fgf ul/g] 5 .
;fy}, a}+s tyf ljQLo ;+:yfx?n] ljkGg ju{ shf{df u0fgf ug]{ k|of]hgsf nflu pknAw u/fPsf] yf]s
shf{ k|fKt ug]{ ;+:yfaf6 k|To]s ^^ dlxgfdf shf{sf] k|of]u ljkGg ju{df g} ePgePsf] ;DaGwdf
k|ult ljj/0f lng' kg]{ tyf o; a}+ssf] lg/LIf0fsf] qmddf To;/L pknAw u/fOPsf] yf]s shf{ b'?kof]u
ePsf] kfOPdf b'?kof]u ePsf] shf{ a/fa/sf] /sd ljkGg ju{df u0fgf ul/g] 5}g .
-_ O{hfhtkqk|fKt ;+:yfn] pknAw u/fPsf] shf{ ljkGg ju{df nufgL eP gePsf] ;DaGwdf ;DalGwt
a}+sljQLo ;+:yfaf6 g} cg'udg u/L ^^ dlxgfdf ;f]sf] ljj/0f o; a}+sdf k7fpg' kg]{ .
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] 3 ju{sf] ljQLo ;+:yfsf] ;+:yfks z]o/df u/]sf] nufgLnfO{
;d]t ck|ToIf ?kdf ljkGg ju{df k|jfx ul/Psf] shf{ ;/x u0fgf ul/g] 5 .
Ohfhtkqk|fKt ;+:yfx?af6 ljkGg ju{ shf{ cGtu{t n3'ljQ ljQLo ;+:yfx?n] k|fKt u/]sf] shf{ /sd zt
k|ltzt ljkGg ju{df clgjfo{ ?kdf shf{ k|jfx ug'{ kg]{5 . ;f] cg'?k nufgL gePdf Ohfhtkqk|fKt
;+:yfx?af6 n3'ljQ ljQLo ;+:yfx?nfO{ k|jfx x'g] To:tf] s'n yf]s shf{ ljkGg ju{ shf{df u0fgf x'g] 5}g
.
ljkGg ju{df k|jfx ul/Psf] shf{ u0fgf ubf{ ^ dlxgf cl3sf] s'n afFsL shf{ ;fk6 -laN; vl/b tyf
l8:sfp06 ;lxt _ sf] cfwf/df k|To]s qodf;df cyf{t c;f]h, k'; , r}t / c;f/ d;fGtdf ul/g] 5 .
Ohfhtkqk|fKt jfl0fHo a}+s -s ju{ _, ljsf; a}+s -v ju{ _ / ljQ sDkgL -u ju{ _ af6 k|ToIf
?kdf lgDg zt{x?sf] clwgdf /xL c:ktfnnfO{ k|jfx x'g] shf{nfO{ ljkGg ju{ shf{df u0fgf ul/g]5 .
-s_ d'gfkmf ljt/0f gug]{ sDkgLsf] ?kdf To:tf] c:ktfn ;DalGwt lgsfodf btf{ ePsf] x'g' kg]{ .
-v_ ;DalGwt a}+sljQLo ;+:yfn] o; k|of]hgsf nflu cfgf] k|fylds k'FhL -Core Capital_ sf] a9Ldf %
k|ltzt ;Ddsf] shf{ /sd dfq k|jfx ug{ ;Sg] .
-u_ ;DalGwt c:ktfnn] g]kfn ;/sf/sf] ;DalGwt lgsfoaf6 ;~rfng :jLs[lt k|bfg ul/+bf tf]lsPsf
;Dk"0f{ zt{x?sf] k"0f{ kfngf u/]sf] x'g' kg]{ .
-3_ ;DalGwt c:ktfnn] cfgf] s'n z}Yof Ifdtfsf] Go'gtd !) k|ltzt z}Yof lgMz'Ns ?kdf ljkGg
ju{sf hgtfx?nfO{ pknAw u/fpg] u/L cfjZos Joj:yf ldnfPsf] x'g' kg]{ .
-_ dfly v08 -s_ b]lv -3_ ;Dd plNnlvt zt{x? k'/f ePsf] olsg u/]/ dfq ;DalGwt a}+s tyf ljQLo
;+:yfn] shf{ k|jfx u/]sf] x'g' kg]{ .
-r_ pko{'Qm dfkb08 k'/f u/]sf u|fdL0f If]qdf ;+rflnt ;fd'bflos c:ktfnnfO{ a}+s tyf ljQLo
;+:yfxaf6 k|ToIf kdf k|jfx x'g] =! s/f]8;Ddsf] shf{nfO{ ;d]t ljkGg ju{ shf{df u0fgf
ul/g]5 .
249
Go'g nfut cfjf; -Low Cost Housing_ shf{nfO{ ljkGg ju{df u0fgf ug]{ ;DaGwdf
a}+s tyf ljQLo ;+:yfx?af6 ljkGg ju{df u0fgf x'g of]Uo JolQmx?sf nflu dfq 3/hUuf vl/b tyf 3/
lgdf{0f shf{sf] cfjZostf k'/f ug]{ p2]Zon] b]xfo cg';f/sf] zt{sf] clwgdf /xL k|bfg ePsf] shf{nfO{
;d]t ljkGg ju{sf] shf{df u0fgf ul/g] 5 .
-s_ ;'/lIft lwtf] lnO{ ;fd'lxs jf JolQmut cfwf/df k|ToIf jf ck|ToIf ?kdf k|bfg x'g] ?= $ nfv;Ddsf]
shf{ .
-v_ ;DalGwt a}+s tyf ljQLo ;+:yfsf] cfgf] shf{ gLltdf o;/L ljkGg ju{nfO{ 3/hUuf vl/b tyf 3/
lgdf{0f shf{ k|bfg ug]{ ;DaGwdf :ki6 ?kdf pNn]v u/]sf] x'g' kg]{ .
-u_ o:tf] shf{ k|bfg ubf{ k|rlnt P]g, sfg'g tyf o; a}+ssf] gLlt lgb]{zg adf]lhdsf] ;Dk"0f{ k|lqmof k'/f
u/]sf] x'g' kg]{ .
-3_ ljkGg ju{ eGgfn] dfly a'Fbf g+= ! df plNnlvt kl/efiff cg';f/ Go'g cfo ePsf / vf;u/L
;fdflhs ?kdf lk5l8Psf dlxnf, hghflt, blnt ju{, cGwf, alx/f, zf/Ll/s ?kn] ckf JolQmx?,
;LdfGtLs[t ;d'bfo tyf ;fgf ls;fg, sflnu9, dhb'/ / e"ldxLg kl/jf/nfO{ ;Demg' kg]{ .
!)= o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]if ;DaGwdf
!= a}+s tyf ljQLo ;+:yfn] ljkGg ju{df k|jfx ug'{ kg]{ # k|ltzt -s ju{_, !=% k|ltzt -v ju{_ / !
k|ltzt -u ju{_ /sdsf] Ps ltxfO /sd g]kfn ;/sf/, cy{ dGqfno, o'jf tyf ;fgf Joj;foL
:j/f]huf/ sf]if -o;kl5 sf]if egLPsf]_ sf] gfddf cfg} ;+:yfdf vf]lnPsf] vftfdf hDdf ug'{ kg]{5 .
a}+s tyf ljQLo ;+:yfn] pko'{Qm plNnlvt /sdeGbf a9L /sd pSt vftfdf hDdf ug{ o; Joj:yfn]
afwf k'u]sf] dflgg] 5}g . sf]ifdf hDdf ePsf] /sd ;DalGwt a}+s tyf ljQLo ;+:yfn] sf]ifnfO{ k|jfx
ul/Psf] shf{ dflgg]5 / o;/L hDdf ul/Psf] /sdnfO{ ljkGg ju{df u0fgf ul/g] 5 .
@= a}+sljQLo ;+:yfn] pka'Fbf g+= ! cg';f/ k|jfx u/]sf] shf{ h'g;'s} cj:yfdf shf{;fk6sf] jlu{s/0f
/ shf{ gf]S;fgL Joj:yfsf] k|of]hgsf] nflu c;n shf{df ;dfj]z ul/g]5 . o;}u/L a}+sn] o:tf shf{
kF"hL kof{Kttf (Capital Adequacy) BASEL II cGtu{t Claims on Government zLif{sdf /fVg ;Sg]
/ v / u ju{sf ljQLo ;+:yfn] o:tf shf{df z'Go hf]lvd ef/ k|bfg ug{ ;Sg] 5 .
#= vftf vf]Ng], vftf ;~rfng ug]{ / shf{ ;Df}tfdf x:tfIf/ ug]{ clVtof/L ;lxtsf] sfuhft lnO{
o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]if sf] gfddf a}+s tyf ljQLo ;+:yfn] vftf vf]Ng' kg]{5 .
$= a}+s tyf ljQLo ;+:yfaf6 sf]ifnfO{ k|jfx ul/Psf] pka'Fbf g+= ! sf] /sd r'Qmf ug]{ bfloTj sf]ifsf]
x'g]5 .
%= sf]if / a}+s tyf ljQLo ;+:yf larsf] ;Df}tf cg';"rL !&=! df pNn]v eP adf]lhd ug'{ kg]{5 . o;
k|of]hgsf] nflu pSt ;Demf}tf afx]s cGo s'g} sfuhft cfjZos kg]{5}g .
^= a}+s tyf ljQLo ;+:yfn] o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]if -;~rfng_ lgodfjnL, @)^%
cGtu{t o'jf tyf ;fgf Joj;foLx?nfO{ kl/of]hgf dfq lwtf] lnO{ b'O{ nfv;Ddsf] shf{ nufgL u/]df
To:tf] shf{nfO{ ljkGg ju{df u0fgf ul/g]5 . t/, pka'Fbf g+= ! df pNn]v ePsf] hDdf ug'{kg]{ /sddf
sf ug{ kfOg] 5}g . o:tf] shf{ k|jfx ubf{ b]xfo adf]lhdsf Joj:yfx? nfu" x'g] 5g\ M
s= Joj;fosf] p2]Zo cg';f/ shf{ cjwL a9Ldf kfFr jif{;Ddsf]] x'g]5 / a}+s tyf ljQLo ;+:yfsf]
lgodfg';f/ tf]s]sf] ls:tfdf a'fpg' kg]{ u/L ;DalGwt a}+s tyf ljQLo ;+:yfn] ls:tf tf]Sg]5
/ ;fFjf Aofh e'StfgL 5'6 cjlw (Grace Period) sf]ifn] tf]s] cg';f/ x'g]5 .
v= ;DalGwt JolStn] ug]{ :j/f]huf/d'ns Joj;fo;Fu ;DalGwt rn crn ;DklQ g} ;Dk"0f{ ;fFjf
Aofh e'Stfg gx'Gh]n;Dd a}+s tyf ljQLo ;+:yfn] k|bfg u/]sf] shf{sf] lwtf] x'g]5 .
u= shf{ :jLs[t ug]{ jf gug]{ ;Dk"0f{ clwsf/ a}+s tyf ljQLo ;+:yfdf gLlxt /xg]5 .
3= pk/f]St adf]lhd shf{sf] hf]lvd tyf C0f c;'npk/ ug'{ kg]{ bfloTj ;DalGwt a}+s tyf
ljQLo ;+:yfdf /xg]5 .
&= a}+s tyf ljQLo ;+:yfn] pka'Fbf g+= ^ adf]lhdsf] shf{ k|bfg ug{ o'jf tyf ;fgf Joj;foL :j/f]huf/
sf]ifaf6 aflif{s & k|ltzt Aofhdf k'g/shf{ lng ;Sg] 5 .
(=
250
*=
!!=
!@=
!#=
!$=
!%=
!^=
!&=
sf]ifsf] ;~rfng o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]if -;~rfng_ lgodfjnL, @)^%, shf{ tyf
aLdf Joj:yf ;DaGwL lgb]{lzsf, @)^% / o; a}+saf6 hf/L o;} lgb]{zgdf pNn]v eP adf]lhd
x'g]5 .
(= dfly h'g;'s} s'/f n]lvPsf] ePtfklg Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yf -3 ju{ afx]s_ n]
ljkGg ju{df u0fgf x'g] o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]ifdf hDdf ug'{kg]{ /sd csf]{
kl/kqaf6 ;'rgf hf/L geP;Dd ldlt @)^^!!@^ sf] kl/kq cg';f/ @)^^ r}td;fGtb]lv nfu"
x'g] u/L pQm sf]ifdf /sd hDdf ug{'kg]{ 5}g . t/, o;/L o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]ifdf
tTsfnnfO{ /sd hDdf ug'{ gk/] tfklg a}+s tyf ljQLo ;+:yfn] o;} lgb]{zgsf] a'Fbf g+= ! cg';f/sf]
b/n] ljkGg ju{df k|jfx ug'{kg]{ /sd k'j{jt g} nufgL ug'{ kg]{5 .
ljkGg ju{df k|jflxt shf{ ;DaGwL g]=/f= a}+s lgb]{zg kmf/fd g+= (=% cg';f/sf] q}dfl;s ljj/0f o; a}+ssf]
;DalGwt ;'kl/j]If0f ljefudf qodf; ;dfKt ePsf] ldltn] !% lbgleq k]z ug'{ kg]{5 .
;DalGwt O{hfhtkqk|fKt ;+:yfn] ljkGg ju{df k|jfx ul/g] shf{ ;DaGwL gLltut Pjd\ k|lqmofut
Joj:yfnfO{ cfgf] shf{ gLltdf :ki6 ?kdf pNn]v ug'{ kg]{5 .
cGo lgb]{zgdf h'g;'s} s'/f n]lvPsf] ePtfklg ;fd'lxsJolQmut;+:yfut hdfgLdf k|ToIf jf ck|ToIf
?kdf ljkGg ju{df u0fgf x'g] u/L k|jfx ul/Psf] shf{sf] nflu cltl/Qm aL; k|ltzt yk shf{ gf]S;fgL
Joj:yf ug'{ kg]{ 5}g .
ljkGg ju{df k|jfx ug]{ u/L k|fKt ;fk6L /sdnfO{ nlIft ju{df k|jfx gu/L ;f] afktsf] /sd Aofh cfh{g
x'g] u/L s'g} klg a}+s tyf ljQLo ;+:yfdf hDdf ug{ kfOg] 5}g . t/ o; Joj:yfn] 3 ju{sf
Ohfhtkqk|fKt ;+:yfsf] xsdf shf{ ;Ldf -Line of Credit_ pkof]u ug{ afwf k'ofPsf] dflgg] 5}g .
a}+s tyf ljQLo ;+:yfx?n] ljkGg ju{ shf{df u0fgf ug]{ k|of]hgsf nflu pknAw u/fPsf] yf]s shf{ k|fKt
ug]{ ;+:yfaf6 k|To]s ^^ dlxgfdf shf{sf] k|of]u ljkGg ju{df g} ePgePsf] ;DaGwdf k|ult ljj/0f lng'
kg]{5 . o; a}+ssf] lg/LIf0fsf] qmddf To;/L pknAw u/fOPsf] yf]s shf{ nlIft ju{df k|jfx ePsf]
gkfO{Pdf ;f] shf{ a/fa/sf] /sd ljkGg ju{df u0fgf ul/g] 5}g .
dfly plNnlvt a'Fbf -!$_ adf]lhdsf] yf]s shf{ k|jfx ug]{ ;+:yfn] p2]Zo adf]lhd ;Dk"0f{ yf]s shf{ /sd
k|jfx u/]gu/]sf] ljj/0f lnO{ ;f]sf] k|dfl0fs/0f u/L k|To]s cfly{s jif{sf] df3 / ;fpg d;fGtdf ;DalGwt
;'kl/j]If0f ljefunfO{ hfgsf/L lbg' kg]{5 .
Ohfhtkqk|fKt ;+:yfn] ljkGg ju{df k|jfx ug'{kg]{ shf{ ;DaGwL lgb]{zg adf]lhdsf] shf{ k|jfx gu/]df jf
sd k|jfx u/]df Go'gtd ?kdf k'/ofpg' kg]{ /sddf x'g cfpg] gk'u /sddf g]kfn /fi6 a}+s P]g, @)%* sf]
bkmf *! adf]lhd ;DalGwt Ohfhtkqk|fKt ;+:yfn] ;f] u0fgf cjlwdf shf{df lng] clwstd Aofhb/n] x'g]
/sd xhf{gf nufOg] 5 . o;/L xhf{gf nufpFbf To:tf] gk'u /sdsf] q}dfl;s ?kdf x'g cfpg] Aofh /sd
lgwf{/0f u/L ;f]xL a/fa/sf] /sd xhf{gf /sd sfod ul/g]5 .
t/ clGtd C0fbftf ;DaGwL ;'ljwf pkof]u ug]{ Ohfhtkqk|fKt ;+:yfsf] xsdf ;f] shf{;'ljwf k|fKt u/]sf]
ldlt b]lv ljkGg ju{ shf{ k|jfx gu/]sf] sf/0fn] ;f] shf{sf] ;Ldf gk'uL nfUg] xhf{gfdf plNnlvt clGtd
C0fbftf ;'ljwf sfod /x];Dd 5'6 k|bfg ul/g] 5 .
o; a}+saf6 g]kfn /fi6 a}+s P]g, @)%* sf] bkmf *^v= adf]lhd ;d:ofu|:t 3f]if0ff ul/Psf] jf a}+s tyf
ljQLo ;+:yfsf] lz3| ;'wf/fTds sf/jfxL ;DaGwL ljlgodfjnL, @)^$ sf] ljlgod # sf] v08 -v_
adf]lhdsf] sf/jfxLdf /x]sf a}+s tyf ljQLo ;+:yfx?nfO{ pQm cjlwe/ ljkGg ju{df k|jfx ug'{kg]{ shf{
k|jfx gu/]sf] sf/0fn] nfUg] xhf{gfdf 5'6 k|bfg ul/g] 5 .
tf]lsPsf pTkfbgzLn If]q shf{ ;DaGwL Joj:yf
-!_ s ju{sf ;+:yfx?sf] xsdfM
o; a}+saf6 Ohfhtkqk|fKt s ju{sf a}+sx?n] tf]lsPsf pTkfbgzLn If]qdf -s[lif, phf{, ko{6g If]q /
3/]n' tyf ;fgf pBf]u_ ug]{ shf{ nufgLnfO{ ;'lglZrt ug{ s'n shf{ nufgLsf] Go'gtd @) k|ltzt shf{
nufgL ug'{kg]{5 . o;dWo] s[lif / phf{ If]qdf s'n shf{ nufgLsf] Go'gtd !@ k|ltzt shf{ nufgL ug'{ kg]{5
.
of] lgb]{zg hf/L x'g' cl3 s[lif, phf{, ko{6g If]q / 3/]n' tyf ;fgf pBf]utkm{ s'n shf{ nufgLsf] @)
k|ltzt eGbf sd shf{ nufgL /x]sf] ePdf @)&@ c;f/ d;fGt;Dd Go'gtd @) k|ltzt k'ofpg' kg]{5 .
251
;fy}, s[lif / phf{ If]qtkm{ s'n shf{ nufgLsf] !@ k|ltzt eGbf sd shf{ nufgL /x]sf] ePdf @)&@ c;f/
d;fGt;Dd Go'gtd !@ k|ltzt k'ofpg' kg]{5 . ljBdfg Joj:yf adf]lhd s[lif / phf{ If]qtkm{ @)&! c;f/
d;fGt;Dd Go'gtd !) k|ltzt k'ofpg' kg]{5 .
-@_ v / u ju{sf ;+:yfx?sf] xsdf M
-s_ o; a}+saf6 Ohfhtkqk|fKt v / u ju{sf ;+:yfx?n] tf]lsPsf pTkfbgzLn If]qdf -s[lif, phf{,
ko{6g If]q / 3/]n' tyf ;fgf pBf]u_ ug]{ shf{ nufgLnfO{ ;'lglZrt ug{ @)&# cfiff9 d;fGt;Dd
s'n shf{ nufgLsf] v ju{sf ;+:yfn] Go'gtd !% k|ltzt / u ju{sf ;+:yfn] Go'gtd !) k|ltzt
shf{ nufgL k'ofpg] u/L jflif{s sfo{of]hgf tof/ ug'{ kg]{5 . o;/L tof/ ul/Psf] jflif{s
sfo{of]hgfnfO{ cg'udg ug{ ;lsg] u/L x/]s jif{ cw{jflif{s nIo ;d]t lgwf{/0f ug'{ kg]{5 .
-v_ v08 -s_ adf]lhdsf] cw{jflif{s nIo cg';f/ shf{ nufgL eP gePsf] af/] ;~rfns ;ldltn] k|To]s
^^ dlxgfdf ;dLIff ug'{ kg]{5 .
-u_ v08 -v_ adf]lhdsf] ;dLIff ljj/0f lgb]{zg kmf= g+= !&=# adf]lhdsf] 9fFrfdf cw{jflif{s cjlw
;dfKt ePsf] Ps dlxgfleq a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf
k]z ug'{ kg]{5 .
:kli6s/0fM
-!_ s[lif If]q eGgfn] -s_ cGg, t/sf/L tyf cGo gub] jfnL, -v_ lrofskmL, ;'lt{, ;gkf6, kmnkm'n tyf k'ik
v]tL, -u_ kz', k+IfL tyf dfx'/L kfng, -3_ dnvfb tyf ls6gfzs, -_ zLt e08f/0f, -r_ l;FrfO{, -5_ jg, h_ kz' jf kG5L jwzfnf -em_ cGo s[lif tyf s[lif hGo ;]jfx? -`_ df5fkfng, -o; a}+saf6 hf/L g]= /f=
a}+s lgb]{zg kmf=g+= #=! sf] qm=;+= ! / @ adf]lhdsf]_ If]qx?nfO{ hgfpg] 5 . To;}u/L s[lif If]q cGtu{t -s_
s[lif cf}hf/, -v_ dn, -u_ ljpljhg, -3_ kz'k+IfLbfgf, -_ s[lif pTkfbg e08f/0f / -r_ lrof, skmL, cb'jf
/ kmnkm'n k|zf]wg tyf cfGtl/s s[lif pkhsf] k|fylds ?kdf x'g] k|zf]wg ;d]t kg]{5 .
-@_ phf{ If]q eGgfn] hnljB't / gljs/0fLo phf{ ;DaGwL -o; a}+saf6 hf/L g]= /f= a}+s lgb]{zg kmf=g+= #=! sf]
qm=;+= &=! adf]lhdsf]_ If]qx?nfO{ dfq hgfpg] 5 .
-#_ ko{6g If]q eGgfn] -s_ 6]ls, 6fen Ph]G;L, kj{tf/f]x0f, l/;f]6{, ofl6, SoflDk, cflb, -v_ xf]6n, -u_
dgf]/+hg, l/lqmP;g, rnlrq ;DaGwL -o; a}+saf6 hf/L g]= /f= a}+s lgb]{zg kmf=g+= #=! sf] qm=;+= !@
adf]lhdsf]_ If]qx?nfO{ dfq hgfpg] 5 .
-$_ 3/]n' tyf ;fgf pBf]u eGgfn] 3/]n' pBf]u cGtu{t cf}Bf]lus Joj;fo P]g, @)$( sf] cg';"rL ! df
plNnlvt pBf]ux? / ;fgf pBf]u cGtu{t tLg s/f]8;Dd l:y/ h]yf ePsf pBf]ux? dfq kg]{5g\ . t/, s[lif,
phf{ / ko{6g If]qdf k/]sf pBf]ux?nfO{ bf]xf]/f] kg]{ u/L 3/]n' tyf ;fgf pBf]u cGtu{t /fVg kfOg] 5}g .
-%_ o; v08sf] k|of]hgsf] nflu s[lif, phf{, ko{6g If]q / 3/]n' tyf ;fgf pBf]udf ePsf] nufgL /sd tyf
k|ltzt ;lxtsf] o;} ;fy ;+nUg lgb]{zg kmf= g+= !&=! adf]lhdsf] dfl;s ljj/0f a}+s tyf ljQLo ;+:yf
lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
-#_ tf]lsPsf pTkfbgzLn If]q shf{ ;DjGwL Joj:yfsf] k|of]hgsf nflu a}+s tyf ljQLo ;+:yfx?n] :jLs[t
u/]sf] s'n shf{ ;LdfnfO{ g} k|jflxt shf{sf] ?kdf u0fgf ug{ ;Sg]5g\ .
!*= vf/]hL / jrfpm

-!_ o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?nfO{ hf/L ul/Psf b]xfosf lgb]{zgx?nfO{ vf/]h
ul/Psf] 5 .
PsLs[t lgb]{zg, @)&! sf] ljkGg ju{df k|jfx ug'{ kg]{ shf{ ;DaGwL Joj:yf O=k|f= lgb]{zg g+=
!&)&! af6 hf/L ul/Psf] lgb]{zg tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;}
252
cg';"rLM !&=!
a}+sljQLo ;+:yf tyf sf]ifaLr x'g] ;Demf}tf
o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]if -;~rfng_ lgodfjnL, @)^% adf]lhd :yflkt cy{ dGqfnosf] o'jf tyf
;fgf Joj;foL :j/f]huf/ sf]ifsf tkm{af6 ldlt ============== sf] clVtof/ k|fKt ============= >L ========================= o;kl5 sf]if egLPsf]_ / a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# adf]lhd :yflkt ======lhNnf===== g=kf= j8f g+=
===== l:yt ========================= sf tkm{af6 clVtof/ k|fKt ================>L ================ -o;kl5 a}+sljQLo ;+:yf
egLPsf]_ sf aLr tkl;nsf zt{x?sf clwgdf /xL b'a} kIfsf] dgf]dfg /fhLv'zLn] tkl;nsf ;fIfLx?sf /f]xj/df
sf]ifsf] sfof{nodf a;L of] ;Demf}tf ul/Psf] 5 .
tkl;n
!= a}+sljQLo ;+:yfn] g]kfn /fi6 a}+s, a}+s tyf ljQLo ;+:yf lgodg ljefusf] lgb]{zg g+======== sf] a'Fbf g+======= tyf
@=
#=
$=
%=
^=
&=
*=
(=
;f]df ;do ;dodf x'g] ;+zf]wg cg';f/ sf]ifdf /sd hDdf ug]{5 . sf]ifdf hDdf ePsf] /sd ;DalGwt a}+sljQLo
;+:yfn] sf]ifnfO{ k|jfx ul/Psf] shf{ dflgg]5 . a}+sljQLo ;+:yfn] x/]s q}df;df sf]ifdf hDdf u/]sf] /sd / s'n
shf{ jSof}tf /sd v'nfO{ sf]ifnfO{ lnlvt hfgsf/L lbg]5 . o;/L hfgsf/L lbPsf] & lbgleq a}+sljQLo ;+:yfn]
sf]ifaf6 s'g} cGoyf Joxf]/fsf] lnlvt ;'rgf k|fKt gu/]df pk/f]St adf]lhd hfgsf/L u/fOPsf] /sd g} sf]ifn]
a}+sljQLo ;+:yfaf6 lnPsf] shf{ /sd dflgg]5 .
a'Fbf g+= ! adf]lhd k|jfx ul/Psf] shf{jfkt sf]ifn] a}+sljQLo ;+:yfnfO{ q}dfl;s ?kdf e'Qmfg ug]{ u/L jflif{s %
k|ltzt Aofh lbg]5 . sf]ifn] k|bfg ug]{ k'g/shf{df & k|ltzt Aofhb/ a}+sljQLo ;+:yfn] q}dfl;s ?kdf sf]ifnfO{
e'Qmfg ug'{ kg]{5 . o:tf] Aofhb/, ahf/b/ / d'b|f:kmLltnfO{ dWogh/ /fvL b'j} kIfsf] lnlvt ;xdltdf ;do
;dodf k'g/fjnf]sg ul/g]5 .
sf]ifn] lnPsf] shf{ / a}+s tyf ljQLo ;+:yfx?n]] sf]if;Fu lnPsf] k'g/shf{df nfUg] Aofh ltg]{ bfloTj sf]ifsf] /
a}+sljQLo ;+:yfx? b'j}sf] /xg]5 . lnPsf] shf{sf] a'fpg'kg]{ Aofh /sd sf]ifn] / a}+sljQLo ;+:yfn] q}dfl;s
?kdf cfiff9, c;f]h, k'; / r}td;fGtdf glt/]df ;Dk"0f{ ;fFjf tyf Aofh e'Stfg ug{ sf]if / a}+sljQLo ;+:yf b'j}
kIfn] ;"lrt ug{ ;Sg]5 . ;f] cg';f/ ;'rgf kfPdf & -;ft_ lbgleq sf]if jf a}+sljQLo ;+:yfx?n] ;Dk"0f{ ;fFjf
Aofh e'Stfg ug]{5 .
a'Fbf g+= # adf]lhd ;fFjf /jf Aofh e'Stfg gu/]df e'StfgL ug'{kg]{ ldltb]lv e'StfgL x'g] ldlt;Ddsf] cjlwsf] nflu
jflif{s !) k|ltzt / @ k|ltzt k]gfn Aofh ;lxt ;fFjf /jf Aofh sf]if jf a}+sljQLo ;+:yfn] e'Stfg ug]{5 .
o; ;Demf}tfsf] cjlw cfhsf] ldltb]lv nfu" eO{ k|jfx u/]sf] shf{ r'Qmf geP;Ddsf] cjlwsf] nflu nfu" x'g]5 .
s'g} klg ;dodf sf]ifn] a}+sljQLo ;+:yfnfO{ sDtLdf !% lbgsf] k'j{ ;'rgf lbO{ afFsL ;Dk"0f{ ;fFjf Aofh
a}+sljQLo ;+:yfnfO{ lt/L a'emfO{ ;Df}tf ;dfKt ug{ ;Sg]5 .
;Demf}tf cjlwe/ s'g} klg avt sf]if la36g ePdf clanDa sf]ifn] ltg'{a'emfpg'kg]{ ;Dk"0f{ ;fFjf Aofh /sd
sf]ifn] a}+sljQLo ;+:yfnfO{ ltg{a'emfpg kg]{5 .
b'a} kIfsf] lnlvt ;xdltdf o; ;Demf}tfdf plNnlvt zt{x? ;+zf]wg, km]/abn jf yk36 ug{ ;lsg]5 .
a}+sljQLo ;+:yfn] lgoldt shf{ c;'n ePsf] cj:yfdf l;w} ;x'lnot b/df nfUg] Aofhsf] ^) k|ltzt /sd 36fO{
u0fgf u/L lng]5 . Aofh lgoldt gePsf] v08df o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]if -;~rfng_ lgodfjnL,
@)^% adf]lhd c;'npk/ ug]{5 .
o'jf tyf ;fgf Joj;foL :j/f]huf/ sf]ifsf

clVtof/ k|fKt
gfd
kb
x:tfIf/
5fk
ldlt
;fIfL
=================================
a}+sljQLo ;+:yfsf tkm{af6

clVtof/ k|fKt
gfd
kb
x:tfIf/
5fk
ldlt
;fIfL
================================
Olt ;Dat\ @)&===;fn ======= dlxgf ====== ut] /f]h ===== z'ed\
253
g]=/f= a}+s lgb]{zg kmf=g+= !&=!

===================================== lnld6]8
s[lif, phf{, ko{6g If]q / 3/]n' tyf ;fgf pBf]udf ePsf] shf{ nufgLsf] dfl;s ljj/0f
-?= bz nfvdf_
qm= ;+= ljj/0f
!
s[lif If]q tkm{
!=!
!=@
!=#
!=$
!=%
!=^
!=&
!=*
s[lif / jg ;DaGwL
df5fkfng ;DaGwL
s[lif cf}hf/
dn -qm=;+= !=! df ;dfj]z afx]s_
aLpljhg
kz'k+IfLbfgf
s[lif pTkfbg e08f/0f
lrof, slkm, cb'jf, kmnkm'n k|zf]wg tyf
cfGtl/s s[lif pkhsf] k|fylds ?kdf x'g]
k|zf]wg
phf{ If]q tkm{
hnljB't
gjLs/0fLo phf{
ko{6g If]q tkm{
6]ls, 6fen Ph]G;L, kj{tf/f]x0f, l/;f]6{, /fl6,
SoflDk cflb
3/]n' tyf ;fgf pBf]u tkm{
3/]n' pBf]u
;fgf pBf]u
s[lif / phf{ If]qsf] s'n -!@_
s[lif, phf{, ko{6g If]q / 3/]n' tyf ;fgf
pBf]usf] s'n hDdf -!@#$_
@=
@=!
@=#
#=
#=!
#=@
#=#
$=
$=!
$=@
:jLs[t shf{ ;Ldf shf{ aSof}tf /sd s'n shf{df :jLs[t s}lkmot
?=
?=
shf{ ;Ldfsf] k|ltzt
;+:yfsf] s'n shf{ nufgL
254
g]=/f=a}+s lgb]{zg kmf=g+= !&=@

========================================== lnld6]8
pTkfbgzLn -s[lif, phf{, ko{6g, 3/]n' tyf ;fgf pBf]utkm{_ If]qtkm{ ul/g] shf{
nufgLsf] cw{jflif{s nIo ljj/0f
-?= bz nfvdf_
cfly{s jif{ @)&)&!
qm=
ljj/0f
;+=
!
@
#
$
cfly{s jif{ @)&!&@
cfly{s jif{ @)&@&#
@)&) c;f/
k|yd
bf]>f] cw{jflif{s k|yd cw{jflif{s bf]>f] cw{jflif{s
k|yd
bf]>f]
d;fGtsf]
cw{jflif{s
cw{jflif{s
cw{jflif{s
-jf:tljs_
/sd k|ltzt nIo-?_ k|ltzt nIo-?_ k|ltzt nIo-?_ k|ltzt nIo-?_ k|ltzt nIo-?_ k|ltzt nIo-?_ k|ltzt
s[lif
phf{
ko{6g
3/]n' tyf
;fgf
pBf]u
hDdf !@#
$_
;+:yfsf]
s'n shf{
nufgL
/sd
g]=/f=a}+s lgb]{zg kmf=g+= !&=#

========================================== lnld6]8
pTkfbgzLn -s[lif, phf{, ko{6g, 3/]n' tyf ;fgf pBf]utkm{_ If]q shf{ nufgL
ldlt ======== df ;dfKt cw{jflif{ssf] ;dLIff ljj/0f
-?= bz nfvdf_
qm=;+= ljj/0f
!
@
#
$
o; cw{jflif{s
ut cw{jflif{s
nIo
pknAwL
km/s
nIo
pknAwL
km/s
/sd-?_ k|ltzt /sd-?_ k|ltzt k|ltzt k|ltzt k|ltzt /sd-?_ k|ltzt k|ltzt
s[lif
phf{
ko{6g
3/]n' tyf ;fgf pBf]u
hDdf -!@#$_
;+:yfsf] s'n shf{
nufgL /sd
255
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !*)&@
:t/f]Gglt x"g], sfo{If]q lj:tf/ jf ;+s"rg tyf ufEg]ufleg] ;DaGwL Joj:yf .
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# adf]lhd tNnf] ju{sf] Ohfhtkqk|fKt ljQLo ;+:yf dflyNnf] ju{df
kl/0ft x'gsf] nflu jf b'O{ jf b'O{eGbf a9L Ohfhtkqk|fKt ;+:yf Ps cfk;df ufEgufleg jf o;/L ufleO{
;s]kl5 :t/f]Gglt x'g tyf xfnsf] ju{df g} /xL sfo{If]q lj:tf/ ug{ o; a}+sdf lgj]bg lbg] s, v / u
ju{sf] Ohfhtkqk|fKt ;+:yfx?sf] xsdf lgDgfg';f/sf] Joj:yf sfod ul/Psf] x'Fbf ;f]xL adf]lhd ug'{u/fpg' x'g
g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L of] lgb]{zg hf/L ul/Psf] 5 .
-s_ :t/f]Gglt x'g] ;DaGwL Joj:yf
!= kl/efiffM
o; lgb]{zg adf]lhd :t/f]Gglt eGgfn] a'Fbf g+= -@_ adf]lhdsf] dfkb08 k'/f u/]sf o; a}+saf6
Ohfhtkqk|fKt /fli6o:t/sf] sfo{If]q ePsf u jf v ju{sf ljQLo ;+:yf qmdzM v jf s ju{sf]
;+:yfdf kl/0ft x'g;Sg] cj:yf ;Demg' kb{5 .
@= :t/f]Gglt x'g] ;DaGwL dfkb08M
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf #^ adf]lhd o; a}+saf6 v jf u ju{sf]
Ohfhtkqk|fKt ljQLo ;+:yf :t/f]Gglt x'gsf] nflu b]xfosf k'j{of]Uotfdfkb08x? k'/f ePsf] jf u/]sf] x'g'
kg]{5 M
-s_ ;+:yfn] ;DalGwt ju{sf] ljQLo sf/f]af/ ug{ Ohfhtkqk|fKt u/]sf] cjlw % jif{ k'/f u/]sf] .
-v_ ;+:yf kl5Nnf] kfFr cfly{s jif{df nuftf/ ?kdf gfkmfdf /x]sf] .
-u_ ;+:yf ;l~rt gf]S;fgLdf g/x]sf] .
-3_ s'n lgliqmo sh{f (Non performing loan) cg'kft % k|ltzt eGbf tn /x]sf] .
-_ dflyNnf] ju{sf] Ohfhtkqk|fKt ;+:yfsf nflu o; a}+sn] tf]s]sf] Go'gtd r'Qmf k'FhL k'/f ePsf] .
-r_ ;+:yfn] o; a}+sf/f hf/L k'FhL kof{Kttf, k|lt u|fxs shf{ ;Ldf, shf{ lgIf]k cg'kft, shf{ gf]S;fgL
Joj:yf / ljQLo ;|f]t kl/rfng ;DaGwL lgb]{zgx? k"0f{ ?kdf kfngf u/]sf] .
-5_ ;+:yf jf ;~rfns ;ldltkbflwsf/LnfO{ o; a}+saf6 ;'zf;g nufot v08 -r_ df plNnlvt
lgb]{zgx? kfngf gu/]sf] ljifodf sf/jfxL ePsf] eP ;f] sf/jfxL km's'jf ePsf] cjlw # jif{ k'/f
ePsf] .
-h_ lz3| ;'wf/fTds sf/jfxL ePsf] eP ;f] sf/jfxL km's'jf ePsf] # jif{ k'/f ePsf] .
-em_ ;+:yfn] cl3Nnf] cfly{s jif{;Ddsf] n]vfk/LIf0f ;DkGg u/]sf] .
-`_ /fli6o:t/sf] sfo{If]q ePsf] v ju{af6 s ju{df :t/f]Gglt x'g rfxg] ;+:yfsf] cl3Nnf] cfly{s
jif{df Joj;fosf] cfsf/ -lgIf]k tyf shf{sf] s'n of]u_] Go'gtd r'Qmf k'FhLsf] !% u'0ff -xfnsf] ju{sf]_
/ u|fxs ;+Vof @% xhf/ -lgIf]kstf{ / C0fL_ ePsf] .
-6_ /fli6o:t/sf] sfo{If]q ePsf] u ju{af6 v ju{df :t/f]Gglt x'g rfxg] ;+:yfsf] cl3Nnf] cfly{s
jif{df Joj;fosf] cfsf/ -lgIf]k tyf shf{sf] s'n of]u_] Go'gtd r'Qmf k'FhLsf] !% u'0ff -xfnsf]
ju{sf]_ / u|fxs ;+Vof !) xhf/ -lgIf]kstf{ / C0fL_ ePsf] .
256
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:t/f]Ggltsf nflu lgj]bg lbg]M

a'Fbf g+=@ adf]lhdsf dfkb08x? k'/f u/]sf] ;+:yfn] :t/f]Gglt x'g] ;}4flGts ;xdltsf nflu b]xfosf
sfuhft tyf ljj/0f;lxt o; a}+s ;dIf lgj]bg lbg ;Sg]5 M
-s_ ;}4flGts ;xdltsf] nflu cg';"rL !*=! adf]lhdsf] 9fFrfdf lgj]bg .
-v_ o; a}+sn] tf]s]sf] Go'gtd r'Qmf k'FhL k'u]sf] Joxf]/f o; a}+ssf] ;'rLs[t n]vfkl/Ifsaf6 k|dfl0ft
ePsf] ljj/0f .
-u_ :t/f]Gglt x'g] ;DaGwdf ;DalGwt ;+:yfsf] jflif{s ;fwf/0f ;efn] u/]sf] lg0f{osf] 5lalrq .
-3_ ;+:yfsf] sDtLdf cfufdL % jif{sf] Jofj;flos of]hgf tyf k|If]k0f (Business Plan and Projection)
-_ cg';"rL !*=@ / cg';"rL !*=# adf]lhdsf] 9fFrfdf b'O{ k|ltzt jf ;f] eGbf a9L ;]o/ wf/0f u/]sf
;+:yfksx?sf] JolQmut ljj/0f .
-r_ ;+:yfksx?n] ;DalGwt ;+:yfaf6 shf{ glnPsf] :jM3f]if0ff kq .
-5_ ;+:yfksx?n] cGo a}+s tyf ljQLo ;+:Yffx?af6 C0f lnO{ efvf ggf3]sf] jf shf{ ;'rgf s]Gb| ln= sf]
sfnf];"rLdf ;dfj]z gePsf] Joxf]/f pNn]v ePsf] :jM3f]if0ff kq .
-h_ jt{dfg ;]o/ k'FhL ;+/rgf / :jfldTj -;+:yfks ;d'x / ;j{;fwf/0f ;d'x_ ;DaGwL ljj/0f .
-em_ ;+:yfksx?n] s'g} Ps a+}s tyf ljQLo ;+:Yffdf r'Qmf k'FhLsf] a9Ldf !% k|ltzt / cGo a}+s tyf
ljQLo ;+:yfx?df r'Qmf k'FhLsf] a9Ldf ! k|ltzt eGbf a9L nufgL gu/]sf] :jM3f]if0ff .
-`_ o; a}+s ;dIf lgj]bg lb+bfsf jvt ;+:yfsf] s'n shf{sf] % k|ltzt eGbf sd lgliqmo shf{ /x]sf]
k'i6\ofO{F x'g] sfuhft .
-6_ ;+:yf ;+:yfkgf ubf{ vr{ ePsf] k'j{ ;~rfng vr{ k"0f{ ?kdf ckn]vg ePsf] k|dfl0ft x'g] sfuhft .
-7_ ;+:yf kl5Nnf] % jif{b]lv nuftf/ d'gfkmfdf ;~rfng e}/x]sf] k|dfl0ft x'g] n]vfk/LIf0f ePsf] ljut %
jif{sf] ljQLo ljj/0f .
-8_ ;+:yfn] New Capital Adequacy Framework k"0f{ ?kdf nfu" ug{;Sg] of]hgf tyf ;~rfns
;ldltsf] k|ltj4tf .
-9_ ;]o/ vl/b laqmL sf/f]af/ /f]Ssf ePsf] Joxf]/fsf] lwtf]kq ljlgdo ahf/sf] kq .
-0f_ k'FhL kof{Kttf, k|lt u|fxs shf{ ;Ldf, shf{ lgIf]k cg'kft, shf{ gf]S;fgL Joj:yf / ljQLo ;|f]t
kl/rfng ;DaGwL lgb]{zgx? k"0f{ ?kdf kfngf u/]sf] :jM3f]if0ff tyf ;f] k'i6\ofO{F x'g] sfuhft .
-t_ ljut # jif{df lz3| ;'wf/fTds sfo{jfxL gePsf] :jM3f]if0ff .
-y_ n]vfk/LIf0f ePsf] cl3Nnf] cfly{s jif{sf] ljQLo ljj/0fsf] cfwf/df Joj;fosf] cfsf/ -lgIf]k tyf
shf{sf] s'n of]u_ / u|fxs ;+Vof -lgIf]kstf{ / C0fL_ o; lgb]{zg adf]lhd /x]sf] k'i6\ofO{F x'g] sfuhft
.
;}4flGts ;xdltM
-!_ a'Fbf g+= -#_ cg';f/ :t/f]Ggltsf nflu k]z x'g cfPsf] lgj]bgdfly o; a}+sn] a}+s tyf ljQLo ;+:yf
;DaGwL P]g, @)^# sf] bkmf #^, o;} lgb]{zgsf] a'Fbf g+= @ adf]lhdsf] k'j{of]Uotf tyf k]z x'g cfPsf
sfuhft tyf ljj/0fx? d"Nofgu/L dflyNnf] ju{sf] ljQLo sf/f]af/ ug]{ cg'dlt k|bfg ug]{ k|lqmofut
Joj:yf cjnDag ug]{5 / dflyNnf] ju{sf] ljQLo sf/f]af/ ug{ rfxg] ;DalGwt ljQLo ;+:yfx?nfO{
plNnlvt Joxf]/f hfgsf/L u/fpg]5 . o;/L hfgsf/L pknAw u/fp+bf b]xfosf zt{x? sfod u/L
;}4flGts ;xdlt k|bfg ug{ ;lsg]5 M
-s_ dflyNnf] ju{sf] ljQLo sf/f]af/ ;+Rffngsf] nflu hf/L k'FhLsf] )=)@ k|ltztn] x'g] /sd o;
a}ssf] gf=gf]=cf=lx= km'6s/ zLif{sdf hDdf u/L ;Ssn ef}r/ ;lxt cg';"rL !*=$ adf]lhdsf]
9fFrfdf lgj]bg lbg'kg]{ .
-v_ dflyNnf] ju{sf] ;+:yfn] ug]{ sfo{ ;dfj]z u/L sDkgL /lhi6f/sf] sfof{noaf6 k|dfl0ft ;+zf]lwt
k|aGwkq / lgodfjnLsf] k|ltlnkL k]z ug'{kg]{ .
257
%=
^=
&=
*=
-u_ ;+zf]lwt shf{ gLlt, cfly{s k|zf;g ljlgodfjnL, sd{rf/L k|zf;g ljlgodfjnL / shf{
ckn]vg ljlgodfjnL k]z ug'{kg]{ .
-3_ dflyNnf] ju{sf] ;+:yfsf] ;+u7gfTds ;+/rgf / kbflwsf/Lx?sf] ljj/0f k]z ug'{kg]{ .
-_ ;'rgf k|ljlw tyf ;6j]o/ ;DaGwL ljj/0f k]z ug'{kg]{ .
-@_ :t/f]Ggltsf] nflu lgj]bg lbPkl5 ;DalGwt ;'kl/j]If0f ljefu;Fu ;dGjo u/L tof/ ul/Psf] ljz]if
lg/LIf0f k|ltj]bg ;d]tnfO{ cfwf/ dfgL :t/f]Ggltsf nflu ul7t l;kmfl/; ;ldltdf cfjZos 5nkmn
u/L ;f] ;ldltsf] l;kmfl/;df dfq :jLs[lt k|bfg ul/g] 5 .
-#_ ;}4flGts ;xdlt k|bfg ePsf] ldltn] ^ dlxgfleq dflyNnf] ju{sf] ljQLo sf/f]af/ ;~rfng ug{
cfj]bg ul/;Sg' kg]{5 . tf]lsPsf] ;doleq cfj]bg gu/]df o; a}+sn] k|bfg u/]sf] ;}4flGts ;xdlt
/2 ug{ ;lsg]5 .
;}4flGts ;xdlt lbg OGsf/ ug{ ;lsg]M
-!_ o; lgb]{zgdf cGoq h'g;'s} s'/f pNn]v ul/Psf] eP tfklg o; a}+sn] b]xfosf] s'g} cj:yfdf
:t/f]Gglt x'g rfxg] ;+:yfnfO{ :t/f]Ggltsf] nflu ;}4flGts ;xdlt lbg OGsf/ ug{ ;Sg]5 M
-s_ a} jf ljQLo If]qsf] ljBdfg cj:yf / ;DefJotfsf] cfwf/df dflyNnf] ju{sf] ljQLo sf/f]af/
;~rfng ug{ yk a} jf ljQLo ;+:yfnfO{ Ohfhtkq lbg pko'St gb]lvPdf .
-v_ v08 -s_ sf] cj:yf x]/L lgIf]kstf{sf] lxt ;+/If0fsf] lgldQ dflyNnf] ju{sf] ljQLo sf/f]af/
;~rfng ug{ Ohfhtkq lbg plrt gb]lvPdf .
-u_ Ohfhtkqk|fKt ;+:yfnfO{ dflyNnf] ju{sf] ljQLo sf/f]af/ ug{ Ohfhtkq lbFbf ljQLo If]qdf
c:j:y k|lt:kwf{sf] jftfj/0f l;h{gf x'g] jf s'g} Ohfhtkqk|fKt ;+:yfsf] Psflwsf/ jf
lgolGqt cEof; sfod x'g;Sg] ;Defjgf b]lvPdf .
-3_ o; lgb]{zgdf tf]lsPsf zt{ tyf dfkb08x? k'/f ePsf] gb]lvPdf .
-@_ pkbkmf -!_ adf]lhd s'g} ;+:yfnfO{ dflyNnf] ju{sf] ljQLo sf/f]af/ ;~rfng ug{ ;}4flGts ;xdlt
lbg g;lsg] cj:yf ePdf o; a}+sn] ;f]sf] sf/0f v'nfO{ lgj]bg k/]sf] ldltn] Ps ;o aL; lbgleq
;DalGwt ;+:yfnfO{ ;'rgf lbg]5 . ;f] cjlwleq o; a}+sn] yk ljj/0f dfu u/]sf] eP To:tf] ljj/0f
k|fKt ePsf] ldltn] gAa] lbgleq To:tf] ;'rgf lbg]5 .
:t/f]Ggltsf] nflu :jLs[lt k|bfg ug]{M
-!_ :t/f]Gglt eO{ dflyNnf] ju{sf] sf/f]af/ ;~rfngsf] nflu lgj]bg k|fKt ePkl5 sfuhftx?sf] k/LIf0f
tyf ef}lts k"jf{wf/ ;d]t lg/LIf0f u/L :jLs[lt lbg o; a}+s ;Gt'i6 ePdf cfj]bg u/]sf] tLg
dlxgfleq :jLs[lt k|bfg ul/g] 5 . To:tf] :jLs[ltsf] nflu o; a}+sn] yk sfuhft dfu u/]sf]
cj:yfdf To:tf] sfuhft k]z u/]sf] ldltn] :jLs[lt k|bfg ug]{ sfof{jlw u0fgf x'g]5 .
-@_ :t/f]Gglt eO{ dflyNnf] ju{sf] sf/f]af/ ;~rfngsf] nflu :jLs[lt k|bfg ug'{ cl3 ;}4flGts ;xdlt
k|bfg ubf{ tf]lsPsf ;Dk"0f{ zt{x? k'/f u/]sf] x'g' kg]{5 .
;]o/ vl/b laqmL sf/f]af/ /f]Ssf ug'{ kg]{M
dflyNnf] ju{sf] Ohfhtkqk|fKt ;+:yfsf] nflu cfjZos kg]{ k'FhL k'/f u/]/ ;}4flGts ;xdlt kfpF egL
lgj]bg lbg] ljQLo ;+:yfn] To:tf] lgj]bg ;fy ;f] ;DaGwdf o; a}saf6 clGtd 6'+uf] gnfu];Ddsf] cjlwsf]
nflu To:tf] Ohfhtkqk|fKt ;+:yfsf] ;]o/ lwtf]kq ahf/df ;'rLs[t /x]sf] cj:yfdf ;]o/ vl/b laqmL
sf/f]af/ /f]Ssf ePsf] Joxf]/fsf] lwtf]kq ljlgdo ahf/sf] kq ;d]t k]z ug'{ kg]{5 .
ufEg]ufleg]k|flKt eO{ :t/f]Gglt x'g] ;DaGwdfM
-!_ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf ^( adf]lhd Ohfhtkqk|fKt ;+:yf Ps cfk;df
ufEg]ufleg]k|flKt eO{ ;f]xL P]gsf] bkmf #^ adf]lhd :t/f]Ggltsf] nflu o; a}+sdf lgj]bg k]z x'g
cfPdf ;j{k|yd ufEg]ufleg]k|flKt ;DaGwL k|lqmof cjnDag ug'{ kg]{5 / ;f] sf] 6+'uf] nfu] kl5
:t/f]Ggltsf] sf/jfxL cl3 a9fOg]5 . o;/L ufEg]ufleg]k|flKt eO{ :t/f]Ggltsf] nflu k]z x'g
cfPsf] lgj]bgnfO{ k|fyldstf lbOg]5 .
258
-@_
pka'Fbf -!_ adf]lhd o; a}+sdf lgj]bg lb+bf ;f]sf] hfgsf/L ;DalGwt ;+:yfn] clgjfo{ ?kdf sDkgL
/lhi6f/sf] sfof{no, g]kfn lwtf]kq af]8{ / lwtf]kq ljlgdo ahf/ ;d]tnfO{ u/fpg' kg]{5 .
-v_ sfo{If]q lj:tf/ ;DaGwL Joj:yf
!= v ju{sf] ljQLo ;+:yfsf] xsdf
sf7df8f}+ pkTosf afx]s g]kfn /fHo ;Lldt lhNnfsf] sf/f]af/af6 yk lhNnfdf -! lhNnfaf6 hf]l8Psf] #
lhNnf, hf]l8Psf ! # lhNNffaf6 $!) lhNNff / $!) lhNNffaf6 /fli6o:t/df_ sf/f]af/ ;~rfng ug{
rfxg] v ju{sf] ljQLo ;+:yfn] b]xfosf zt{x? k'/f u/L sf/f]af/sf] If]q lj:tf/ ug{ :jLs[ltsf nflu
Jofj;flos of]hgf;lxt o; a}+sdf lgj]bg lbg ;Sg]5 M
-!_ o; a}+sn] tf]s]sf] Go'gtd r'Qmf k'FhL k'/f u/]sf] .
-@_ lgoldt?kn] jflif{s n]vfk/LIf0f u/L ;fwf/0f ;ef ;DkGg u/]sf] .
-#_ a}+s tyf ljQLo ;+:yfsf] # jif]{ sfo{ ;~rfng cjlwsf] ljQLo ;"rsx? ;l~rt gf]S;fgLdf g/x]sf] .
-$_ o; a}+ssf] lgb]{zg cg'?k k'FhLsf]if (Capital Adequacy) kof{Kt /x]sf] .
-%_ o; a}+ssf] lgb]{zg cg'?k shf{sf] jlu{s/0f u/L ;f]sf] nflu kof{Kt shf{ gf]S;fgL Joj:yf (Loan
Loss Provision) sfod u/]sf] .
-^_ lgliqmo shf{ (NPA) kfFr k|ltzt ggf3]sf] .
-&_ Ohfht lb+bf tf]lsPsf zt{x? k'/f u/]sf] .
@= u ju{sf] ljQLo ;+:yfsf] xsdf
sf7df8f}+ pkTosf afx]s g]kfn /fHo cGo lhNnfdf ;+:yfkgf ePsf] u ju{sf] ljQLo ;+:yfn] /fli6o:t/df
sf/f]af/ ;~rfng ug{ rfx]df b]xfosf zt{x? k'/f u/L sf/f]af/ If]q lj:tf/ ug]{ :jLs[ltsf nflu Jofj;flos
of]hgf ;lxt o; a}+sdf lgj]bg lbg ;Sg]5 M
-!_ o; a}+sn] tf]s]sf] Go'gtd r'Qmf k'FhL k'/f u/]sf] .
-@_ lgoldt?kn] jflif{s n]vfk/LIf0f u/L ;fwf/0f ;ef ;DkGg u/]sf] .
-#_ a}+s tyf ljQLo ;+:yfsf] # jif]{ sfo{ ;~rfng cjlwsf] ljQLo ;"rsx? ;l~rt gf]S;fgLdf g/x]sf] .
-$_ o; a}+ssf] lgb]{zg cg'?k k'FhLsf]if (Capital Adequacy) kof{Kt /x]sf] .
o; a}+ssf] lgb]{zg cg'?k shf{sf] jlu{s/0f u/L ;f]sf] nflu kof{Kt shf{ gf]S;fgL Joj:yf -Loan
Loss Provision) sfod u/]sf] .
-^_ lgliqmo shf{ (NPA) kfFr k|ltzt ggf3]sf] .
-&_ Ohfht lb+bf tf]lsPsf zt{x? k'/f u/]sf] .
sfo{If]q lj:tf/ ;DaGwL dfly plNnlvt Joj:yfsf] cltl/Qm lgDg yk Joj:yf sfod ul/Psf] 5 M
-s_ ! lhNnf sfo{If]q ePsf v ju{sf ;+:yf Psk6sdf Ps tx dfq cyf{t # lhNnf;Dd, # lhNnf;Dd
sfo{If]q ePsf ;+:yf Psk6sdf Ps tx dfq cyf{t !) lhNnf;Dd / !) lhNnf;Dd sfo{If]q ePsf
;+:yf Psk6sdf Ps tx dfq cyf{t /fli6o:t/;Dd tyf sf7df8f}F pkTosf aflx/ sfo{If]q sfod
/x]sf u ju{sf] ljQLo ;+:yfn] :yfkgf ePsf] jf sfo{If]q lj:tf/ u/]sf] # jif{kl5 dfq qmlds ?kdf
-tx ggfg] u/L_ yk sfo{If]q lj:tf/ ug{ ;Sg]5g\ .
pko{'Qm Joj:yf o;cl3 lgj]bg lbPsf ;+:yfx?sf] xsdf ;d]t nfu" x'g]5 .
-v_ sfo{If]q lj:tf/sf nflu cfj]bg lbg] ;+:yfn] ljBdfg sfo{If]qleqsf k|To]s lhNnfdf sDtLdf Ps
Psj6f zfvf sfof{nox? :yfkgf ul/;s]sf] x'g' kg]{5 .
-u_ v ju{sf] /fli6o:t/df sfo{I]fq lj:tf/ ug]{ ;+:yfn] New Capital Adequacy Framework k"0f{?kdf nfu"
ug{ ;Sg] k|df0f k]z ug'{ kg]{5 .
-_ sfo{If]q lj:tf/ ug]{ ;+:yfn] xfn sfo{/t sfo{If]qdf sDtLdf klg b'O{ cw{jflif{s cjlwdf lg/Gt/ ?kn]
O=k|f=lgb]{zg g+= !^ adf]lhd cfk"mn] ljQLo ;|f]t ;+sng ug{ kfpg] ;Ldfsf] ^) k|ltzt ljQLo ;|f]t
-%_
#=
259
$=
%=
^=
;+sng u/]sf] x'g' kg]{5 . To:tf] ljQLo ;|f]t ;+sngsf] u0fgf ubf{ k|fylds k'FhLsf]ifsf] ;f xfn
sfod /x]sf] sfo{If]qsf] nflu tf]lsPsf] Go'gtd r'Qmf k'FhLnfO{ cfwf/ lng ;lsg] 5 .
-r_ g]kfn /fi6 a}+saf6 ;+:yf jf ;+:yfsf] cWoIf, ;~rfns / sfo{sf/L k|d'v sf/jfxLdf k/]sf] eP ;f]
sf/jfxL km's'jf ePsf] cjlw # jif{ k'/f ePsf] x'g' kg]{5 .
sfo{If]q lj:tf/sf nflu cfj]bg;fy lgDg sfuhftx? ;+nUg x'g' kg]{ M
-s_ ljBdfg ;+:yfks / ;~rfnsx?sf] ljj/0f .
-v_ ljQLo ;+:yfsf] cfufdL % jif{sf] k|If]lkt ljQLo cj:yf, Jofj;flos /0fgLlt, k|fljlws tyf
Joj:yfkg kIf / ahf/ ;+j]bgzLntf ljZn]if0f ;lxtsf] Jofj;flos of]hgf .
-u_ ljQLo sf/f]af/ ;~rfngsf nflu skf]{/]6 sfof{nod'Vo zfvf sfof{no ljBdfg sfo{If]qb]lv cGo
:yfgdf ;~rfng ug]{ ePdf ;f] sfof{nosf] ef}lts k"jf{wf/, ;'rgf k|ljlw, aLdf tyf ;'/Iff Joj:yf,
3/ef8f s/f/gfdf, k|d'v sfo{sf/L clws[t nufot d'Vo sd{rf/Lx?sf] of]Uotf cg'ej ;DaGwL
sfuhft .
-3_ sfo{If]q lj:tf/ eP kZrft sfod x'g] sfo{If]qnfO{ ;d]6]/ tof/ ul/Psf] shf{ gLlt, nufgL gLlt,
lgIf]k kl/rfng gLlt, jf;nft aflx/sf] sf/f]af/ ;~rfng gLlt, cfGtl/s n]vfk/LIf0f gLlt, u}/
a}ls ;DklQ Joj:yfkg gLlt, ;DklQ bfloTj Joj:yfkg gLlt, ;'rgf k|ljlw gLlt / cfgf] u|fxs
klxrfg gLlt .
-_ sfo{If]q lj:tf/ ;DaGwdf ;fwf/0f ;efn] u/]sf] lg0f{osf] k|ltlnkL .
sfo{If]q la:tf/sf ;DaGwdf ;+:yfsf] ;~rfns ;ldlt;Fu cGtlqm{of u/L sfuhft k'/f ePsf] ^) lbgleq
;f] ;DaGwL k|lqmofsf] 6'+uf] nufOg]5 .
sDtLdf !) lhNnf;Dd sfo{If]q ePsf] s'g} Ps ljQLo ;+:yf;Fu cGo v jf u ju{sf] ljQLo ;+:yf Ps
cfk;df ufleO{ /fli6o:t/df sfo{If]q lj:tf/ ug{ rfxg] ;+:yfnfO{ csf]{ Joj:yf geP;Dd ljz]if k|fyldstf
lbOg]5 .
-gf]6M dfly a'Fbf v sf] k|of]hgsf] nflu sfo{ If]q lj:tf/ eGgfn] yk lhNnfdf ;]jf lj:tf/ ug]{ Joj:Yff ;Demg' kb{5 ._
-u_ sfo{If]q ;+s'rg ;DaGwL Joj:yf

-!_ Ohfhtkqk|fKt v / u ju{sf] ;+:yf k'FhL ckof{Kttfsf] sf/0faf6 ;f]xL ju{sf] Ohfhtkqk|fKt
;+:yfdf /xL sfo{If]q ;+s'rg ug{ rfx]df :jLs[ltsf nflu g]kfn /fi6 a}df lgj]bg lbg ;Sg]5 . o;/L
k]z x'g cfPsf] lgj]bgsf] ;DaGwdf g]kfn /fi6 a}n] cfjZos hfFra'em u/L :jLs[lt k|bfg u/]df To:tf]
ljQLo ;+:yfsf] sfo{If]q ;+s'rg x'g]5 .
-@_ b]xfosf] s'g} jf ;a} cj:yf k'/f gug]{ v / u ju{sf] Ohfhtkqk|fKt ;+:yfnfO{ ;f]xL ju{df /xg]
u/L pQm ;+:yfsf] sfo{If]q ;+s'rg u/fpg g]kfn /fi6 a}n] lgb]{zg lbg ;Sg]5 M
-s_ g]kfn /fi6 a}n] tf]s]sf] cjlwleq tf]s] adf]lhdsf] k'FhL gk'ofPsf],
-v_ ljut kfFr jif{b]lv nuftf/ gf]S;fgLdf /x]sf],
-u_ g]kfn /fi6 a}n] lbPsf] lgb]{zg k6s k6s pNn+3g u/L sf/afxLdf k/]sf],
-3_ g]kfn /fi6 a}n] tf]s] adf]lhd hf]lvd Joxf]g]{ sf]if sfod ug{ g;s]sf] .
-#_ pka'Fbf g+= -@_ adf]lhd s'g} ljQLo ;+:yfnfO{ sf/afxL ug'{eGbf cufl8 g]kfn /fi6 a}n] To:tf] ljQLo
;+:yfnfO{ To:tf] sf/afxLsf] lj?4 ;kmfO{ k]z ug]{ dgfl;a dflkmssf] df}sf lbg]5 .
-$_ pka'Fbf -!_ adf]lhd sfo{If]q ;+s'rg ubf{ b]xfo adf]lhd ug{ ;lsg] 5M
-s_ /fli6o:t/af6 If]qLo:t/ jf $!) lhNnf jf !# lhNnf jf ! lhNnfdf .
-v_ If]qLo:t/af6 $!) lhNnf jf !# lhNnf jf ! lhNnfdf .
-u_ $!) lhNnfaf6 !# lhNnf jf ! lhNnfdf .
-3_ !# lhNnfaf6 ! lhNnfdf .
260
-3_ ufEg]ufleg] tyf k|fKtL ug]{ ;DaGwL Joj:yf

a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf ^( adf]lhd Ohfhtkqk|fKt ;+:yf Ps cfk;df ufEg] jf
ufleg] tyf k|fKtL ug]{ ;DaGwdf o; a}+saf6 hf/L a}+s tyf ljQLo ;+:yf Ps cfk;df ufEg] jf ufleg]
;DaGwL ljlgodfjnL, @)^* tyf a}+s tyf ljQLo ;+:yf k|fKtL -PlSjlh;g_ ;DaGwL ljlgodfjnL, @)&)
adf]lhd x'g]5 .
-_ vf/]hL / jrfpm
-!_ o; a}+saf6 Ohfhtkqk|fKt ;+:yfx?nfO{ hf/L ul/Psf] PsLs[t lgb]{zg, @)&! sf] ufEg]ufleg] /
:t/f]Gglt x'g] ;DaGwdf O=k|f= lgb]{zg g+= !*)&! tyf ;f] kZrft @)&@ c;f/ d;fGt;Dd
hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? vf/]h ul/Psf] 5 .
-@_ pka'Fbf -!_ adf]lhd vf/]h ul/Psf lgb]{zg tyf kl/kq adf]lhd eP u/]sf sfd sf/jfxL o;}
lgb]{zg adf]lhd eP u/]sf] dflgg]5 .
261
cg';"rL !*=!
>L g]kfn /fi6 a}+s
s]Gb|Lo sfof{no
ljifoM ======= ju{sf] Ohfhtkqk|fKt ;+:yfdf kl/0ft x'g] ;}4flGts ;xdlt kfpF .
dxf]bo,
k|rlnt sDkgL P]g adf]lhd klAns lnld6]8 sDkgLsf] ?kdf g]kfn ;/sf/, sDkgL /lhi6f/sf] sfof{nodf
btf{ u/fO{ a}+s tyf ljQLo ;+:yf ;DaGwL P]g adf]lhd ljut === jif{ b]lv ljQLo sf/f]af/ ;~rfng ub}{ cfPsf]df
;f]xL P]gsf] bkmf #^ adf]lhd dflyNnf] ju{sf] ;+:yf ==== ju{df kl/0ft ug]{ u/L ;+:yfsf] ;fwf/0f ;efaf6 lg0f{o
ePsf]n] ;}4flGts ;xdlt kfpg To; a}+ssf] k'j{ :jLs[ltsf] nflu tf]lsPsf cfjZos sfuhft ;lxt of] lgj]bg
k]z u/]sf 5f}+ .
cfjZos sfuhft yfg=======;+nUg 5g\ .

ejbLo,
================================================
-;+:yfsf] tkm{af6 cflwsfl/s JolQm_
gfdM
7]ufgfM
6]lnkmf]g g+ M
ofS; g+= M
Od]n 7]ufgf M
ldltM
;+:yfsf] 5fkM
262
cg';"rL !*=@
=================================================== ln=
ljQLo ;+:yfsf] ;+:yfks ;d'xdf /x]sf JolQmx?sf]

JolQmut ljj/0f
Kfmf]6f]
!=
@=
#=
$=
%=
^=
&=
*=
k'/f gfd y/ M
hGd ldlt M
hGd :yfg M
gful/stf M
k'/f 7]ufgf M
-s_ :yfoL M
-!_ 6]lnkmf]g
-@_ Od]n
-v_ c:yfoL M
-!_ 6]lnkmf]g
-@_ Od]n
xfnsf] k]zf M
-s_ kmd{ jf sfof{nosf] gfd M
-v_ 7]ufgf M
-u_ Joj;fosf] k|s[ltsfd M
-3_ kbsf] gfd M
-_ 6]lnkmf]g ofS;O{d]n M
a}jflxs l:ylt M
-s_ ljjflxt cljjflxt ;DaGw aLr5]b eO{ cnu a;]]sf]
-v_ ljjflxtsf] xsdf kltkTgLsf] gfd M
-u_ kltkTgLsf] k]zf M
-3_ cfl>tx?sf] ljj/0f
k'/f gfd
;DaGw
-s_ afa'sf] gfd M

7]ufgf M
k]zf M
-v_ afh]sf] gfd M
7]ufgf M
263
-#_ km\ofS;
-#_ km\ofS;
pd]/
(=
z}lIfs of]Uotf M
tx
;+:yfsf] gfd,
7]ufgf
cWoog jif{
ljifo
pkflw lnPsf] ldlt
:gfts
:gftsf]Q/
ljBfjfl/lw
Jofj;flos :t/
tflnd ;]ldgf/
s_
v_
u_
!)= tkfO{;Fu s'g} Jofj;flos (Professional) ljifodf sfd ug]{ Ohfht 5 <
5 5}g
olb 5 eg]
-s_ Ohfhtsf] k|s[lt M
-v_ Ohfht lnPsf] ldlt M
-u_ Ohfht gDa/ M
-3_ Ohfht lbg] ;+:yf / 7]ufgf M
!!= tkfO{ s'g} Jofj;flos Ifdtfsf] cfwf/df, g]kfn /fi6 a}+saf6 lg/LIf0f, cg'udg ug'{ kg]{ ;+:yfdf sfd
ug'{x'G5<
-olb 5 eg], ;+:yfsf] gfd, 7]ufgf / sfdsf] k|s[lt pNn]v ug'{xf];\ . ;fy}, ;DalGwt ;+:yfaf6 ;+:yfkg
x'gsf nflu :jLs[lt kq k]z ug'{xf];\ _ .
!@= s'g}
!#= d}n]
!=
@=
;+ul7t ;+:yfdf tkfO{sf] s'g} ljQLo :jfy{ jf lxt ufFl;Psf] 5 eg] v'nfpg' xf];\ <
of] ljQLo ;+:yfdf b]xfo adf]lhdsf] /sd nufgL u/]sf] 5' .
;+:yfdf nufgL u/]sf] /sd ?====== ===== ======= -cIf/]kL=============== =============== ===_ .
;+:yfsf] s'n hf/L k'FhLsf] k|ltzt ================== . of] ;]o/ o; a}+sljQLo ;+:yfsf] r'Qmf k'FhLsf] !%
k|ltzteGbf a9L 5}g .
!$= tkfO{ s'g} kmf}Hbf/L cleof]udf kg'{ ePsf] 5 <
5 5}g
!%= tkfFO{+n] cGo a}+s tyf ljQLo ;+:yf;Fu shf{ sf/f]af/ ug'{ ePsf] 5 <
!^=
5
5}g
-5 eg] lj:t[t ljj/0f v'nfpg' xf];\ <_
lgDg k|Zgx?sf] hjfkm 55}gdf lbg'xf];\ M
-s_ tkfO{+sf] lj?4df cbfntdf s'g} ck/flws sf/jfO{ lj?4 d'2f rn]sf] 5 <
5 5}g
-v_ tkfO{+n] sfg'g pNn+3g u/]sf] sf/0faf6 ;hfoF kfpg' ePsf] 5 <
5 5}g
-u_ tkfO{+ ;+nUg ePsf] s'g} ;+:yf 6f6 kN6]sf] 5 <
5
5}g
-3_ tkfO{+n] sfd u/]sf] jf ;~rfns ePsf] jf tkfO{+n] % -kfFr_ k|ltzt eGbf a9L ;]o/ nufgL u/]sf]
;+:yf shf{ e'QmfgL ug{ g;s]sf] sf/0f slxNo} sfnf];"rLdf k/]sf] 5, 5}g .
5
5}g
-_ u}/ sfg'gL ?kdf ljb]zL d'b|f sf/f]af/df ;+nUg x'g' ePsf] 5 < 5 5}g
-r_ tkfO{+ ;+nUg ePsf] ;+:yf slxNo} ck/flws s[ofsnfkdf ;+nUg ePsf] 5 <
264
5 5}g
-5_
tkfO{nfO{+ a}+s tyf ljQLo ;+:yfsf] shf{ sf/f]af/df b'?kof]u u/]sf] / ;Gtf]ifhgs gePsf] egL a}+s
tyf ljQLo ;+:yfaf6 s'g} clen]v u/]sf] 5 < 5
5}g
-h_ tkfO{ shf{ ;'rgf s]Gb|sf] sfnf];"rLdf kg'{ ePsf] 5 <
5 5}g
olb k/]sf] eP ;f] ;"rLaf6 k'ms'jf ePsf] ldltn] sDtLdf ltg jif{ k'/f ePsf] 5 < 5
5}g
-em_ tkfO{+ cGo a}+s tyf ljQLo ;+:yfsf] axfnjfnf sd{rf/L, ;~rfns, n]vfkl/Ifs sfg'gL jf cGo
;Nnfxsf/ x'g'x'G5 < 5
5}g
-`_ tkfO{+ lwtf]kq bnfn jf ahf/ lgdf{tf /xg' ePsf]] 5 <
5 5}g
-6_ tkfO{ s'g} ;fj{hlgs ck/fw u/]sf], sfg'g pNn+3g u/]sf] jf k|rlnt sfg'g adf]lhd lj36gdf k/]sf]
s'g} ;+:yfdf sd{rf/L jf ;NNffxsf/sf] ?kdf /xg' ePsf] 5 < 5 5}g
-7_ tkfO{ k|rlnt sfg'g adf]lhd bfdf;flxdf kg'{ ePsf] 5 <
5 5}g
-8_ tkfO{n] s'g} /fhg}lts kbdf lgjf{lrt jf dgf]lgt k|ltlglwsf] ?kdf sfdsfh ul//xg' ePsf] 5 <
5
5}g
-9_ tkfO{nfO{ k|rlnt sfg'g adf]lhd s'g} k]zf jf Joj;fo ug{ /f]s nufOPsf] 5 < 5 5}g
-0f_ tkf+O{n] nufgL u/]sf] cGo kmd{sDkgL;+ul7t ;+:yf g]kfn /fi6 a}+sn] lg/LIf0f tyf ;'kl/j]If0f ug{
rfx]df dGh'/ 5 . 5
5}g
-t_ tkfO{n] o; a}+saf6 Ohfhtkqk|fKt cGo a}+s tyf ljQLo ;+:yfdf ;+:yfkssf] x}l;otn] nufgL
ug'{ePsf] 5 < 5
5}g -5 eg] lj:t[t ljj/0f v'nfpg' xf];_
!&= ;do ;dodf g]kfn /fi6 a}+sn] lgwf{/0f u/] cg'?k d]/f] a}+sljQLo ;+:yfsf] k'FhL k'ofpg] k|ltj4tf hfx]/
ub{5' .
dfly pNn]v ul/Psf] ljj/0f 7Ls ;fFrf] xf] . oL s'g} klg ljifodf hfFra'em5fgljg tyf d}n] lbPsf] ljj/0f
;fj{hlgs ug{ d]/f] d~h'/L 5 . e'm7f] ePdf o;}sf cfwf/df a}+s ;+:yfkgf ug]{ Ohfht glbPdf d]/f] d~h'/L
5.
b:tvt M
gfd M
ldlt M
7]ufgf
M
6]lnkmf]g
M
265
cg";"rL !*=#
================================== ln=
ljQLo ;+:yfsf] ;+:yfks ;d'xdf /x]sf ;+:yf

-kmd{, sDkgL, ;+ul7t ;+:yf_x?sf] ljj/0f
!=
@=
#=
:jb]zL ;+:yf -kmd{, sDkgL tyf ;+ul7t ;+:yf_ M

-s_ ;+:yfsf] gfd M
-v_ ;+:yf btf{ ldlt M
-u_ k|ltlglwTj ug]{ JolQm
gfdM
kbM
ljb]zL nufgLsf] xsdf M
-s_ ;+:yfsf] gfd M
-v_ ;+:yf btf{ ldlt M
-u_ k|ltlglwTj ug]{ JolQm
gfdM
kbM
;]jfsf] clen]v -ljut % jif{sf]_ a}+s tyf ljQLo ;+:yf jf s'g} klg k|sf/sf] lgIf]k ;DaGwL Jojzfo
;~rfng ug]{ ;+:yf eP ;f] sf] lj:t[t ljj/0f M
;+:yfsf] gfd, 7]ufgf
cjlw
kb
lgs6td
;'kl/j]Ifssf] gfd
$=
;+:yfsf] gfdaf6 s'g} Jofj;flos (Professional) ljifodf sfd ug]{ Ohfht 5 <
olb 5 eg]
-s_ Ohfhtsf] k|s[lt M
-v_ Ohfht lnPsf] ldlt M
-u_ Ohfht gDa/ M
-3_ Ohfht lbg] ;+:yf / 7]ufgf M
%=
;+:yf ljut b'O{ jif{ b]lv ;~rfng d'gfkmfdf /x]sf] 55}g < 5
^=
&=
sfd 5f]8\g'sf]
sf/0f
5 5}g
5}g
;+:yfsf] b'O{ cf=j=sf] ljQLo ljj/0f o;};fy ;+nUg 5 .

;+:yfaf6 nufgL u/L cGo kmd{, sDkgL, ;+ul7t ;+:yfdf s'g} ljQLo :jfy{ jf lxt ufFl;Psf] 5 eg] v''nfpg'
xf]; .
of] ljQLo ;+:yfdf b]xfo adf]lhdsf] /sd nufgL u/]sf 5f}+ .
266
!=
@=
;+:yfdf nufgL u/]sf] /sd ?====== ===== ======= -cIf/]kL=============== =============== ===_ .
;+:yfsf] s'n hf/L k'FhLsf] k|ltzt ================== . of] ;]o/ o; ljQLo ;+:yfsf] r'Qmf k'FhLsf] !%
k|ltzteGbf a9L /x]sf] 5}g .
*= ;+:yfsf] cGo a}+s tyf ljQLo ;+:yf;Fu shf{ sf/f]af/ 5 <
5 5}g -5 eg] lj:t[t ljj/0f v'nfpg' xf];\ <_
(= lgDg k|Zgx?sf] hjfkm 55}gdf lbg'xf];\ M
-s_ ;+:yfsf] lj?4df cbfntdf s'g} ck/flws sf/jfO{ lj?4 d'2f rn]sf] 5 <
5 5}g
-v_ ;+:yfn] sfg'g pNn+3g u/]sf] sf/0faf6 ;hfoF kfPsf] 5 <
5 5}g
-u_ ;+:yfn] nufgL u/]sf] cGo s'g} ;+:yf 6f6 kN6]sf] 5 < 5 5}g
-3_ ;+:yfn] sfd u/]sf] jf ;~rfns ePsf] jf ;+:yf+n] % -kfFr_ k|ltzt eGbf a9L ;]o/ nufgL u/]sf]
;+:yf shf{ e'QmfgL ug{ g;s]sf] sf/0f slxNo} sfnf];"rLdf k/]sf] 5 <
5
5}g
-_ ;+:yf u}/ sfg'gL ?kdf ljb]zL d'b|f sf/f]af/df ;+nUg ePsf] 5 <
5 5}g
-r_ tkfO{sf] ;+:yfnfO{+ a}+s tyf ljQLo ;+:yfsf] shf{ sf/f]af/df b'?kof]u u/]sf] / ;Gtf]ifhgs gePsf]
egL a}+s tyf ljQLo ;+:yfaf6 s'g} clen]v u/]sf] 5 <
5
5}g
-5_ ;+:yf shf{ ;'rgf s]Gb|sf] sfnf];"rLdf k/]sf]] 5 < 5
5}g
olb k/]sf] eP ;f] ;"rLaf6 k'ms'jf ePsf] ldltn] sDtLdf tLg jif{ k'/f ePsf] 5 < 5
5}g
-h_ ;+:yf cGo a}+s tyf ljQLo ;+:yfsf] ;~rfns, n]vfkl/Ifs sfg'gL jf cGo ;Nnfxsf/ 5 <
5 5}g
-em_ ;+:yf lwtf]kq bnfn jf ahf/ lgdf{tf /x]sf]] 5 <
5 5}g
-`_ ;+:yf s'g} ;fj{hlgs ck/fw u/]sf], sfg'g pNn+3g u/]sf] jf k|rlnt sfg'g adf]lhd lj36gdf k/]sf]
s'g} ;+:yfdf ;NNffxsf/sf] ?kdf /x]sf]] 5 < 5 5}g
-6_ tkfO{sf] ;+:yf k|rlnt sfg'g adf]lhd bfdf;flxdf k/]sf]] 5 <
5 5}g
-7_ ;+:yfnfO{ k|rlnt sfg'g adf]lhd s'g} k]zf jf Joj;fo ug{ /f]s nufOPsf] 5 < 5 5}g
-8_ ;+:yfn]] nufgL u/]sf] cGo kmd{sDkgL;+ul7t ;+:yf g]kfn /fi6 a}+sn] lg/LIf0f tyf ;'kl/j]If0f ug{
rfx]df dGh'/ 5 . 5 5}g
-9_ ;+:yfn] o; a}+saf6 Ohfhtkqk|fKt cGo a}+s tyf ljQLo ;+:yfdf ;+:yfkssf] x}l;otn] nufgL u/]sf]]
5 < 5
5}g -5 eg] lj:t[t ljj/0f v'nfpg' xf];_
!)= ;do ;dodf g]kfn /fi6 a}+sn] lgwf{/0f u/] cg'?k xfdLn] a}+sljQLo ;+:yfsf] k'FhL k'ofpg] k|ltj4tf
hfx]/ ub{5f}+ .
dfly pNn]v ul/Psf] ljj/0f 7Ls ;fFrf] xf] . oL s'g} klg ljifodf hfFra'em5fgljg tyf d}n] lbPsf] ljj/0f
;fj{hlgs ug{ d]/f] d~h'/L 5 . e'm7f] ePdf o;}sf cfwf/df dflyNnf] ju{df kl/0ft x'g] Ohfht glbPdf d]/f]
d~h'/L 5 .
b:tvt M
gfd
M
ldlt
M
7]ufgf M
6]lnkmf]g M
267
cg';"rL !*=$
>L g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
ljifoM dflyNnf] ju{sf] ljQLo sf/f]af/ ug]{ :jLs[lt kfpF .
dxf]bo,
To; a}+ssf] k=;+= =================== ldlt =====================sf] kqaf6 ====== ju{sf] Ohfhtkqk|fKt ;+:yfsf
?kdf kl/0ft ug{ ;}4flGts ;xdlt k|fKt ePsf]df tf]lsPsf zt{x? k'/f u/L ;s]sf] x'Fbf cfjZos sfuhft Pjd\
Ohfhtkq b:t'/ ;lxt a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf #^ adf]lhd ==== ju{sf] ;+:yfsf] ?kdf
ljQLo sf/f]af/ ug]{ Ohfhtkq kfpgsf] nflu of] lgj]bg k]z u/]sf 5f}+ .
cfjZos sfuhft yfg=======;+nUg 5g\ .

ejbLo,
================================================
-;+:yfsf] tkm{af6 cflwsfl/s JolQm_
gfdM
7]ufgfM
6]lnkmf]g g+ M
ofS; g+= M
Od]n 7]ufgf M
ldltM
;+:yfsf] 5fkM
268
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= !()&@
;DklQ z"$Ls/)f tyf cft+sjfbL sfo{df ljQLo nufgL lgjf/)f ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf] u|fxssf] klxrfg ug{]
;DaGwL :ki6 sfo{ljlw cjnDag ug{ / ;DklQ z'4Ls/0f tyf cft+sjfbL lqmofsnfkdf nufgL ug]{ sfo{ lgjf/0f
ug]{ ;DaGwdf ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ sf] bkmf &g= tyf &k= / g]kfn /fi6 a}+s P]g, @)%* sf] bkmf
&( n] lbPsf] clwsf/ k|of]u u/L] of]] lgb]{zg hf/L ul/Psf] 5 .
!= gLlt, k|lqmof / cEof;
-!_ ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL sfo{sf] lgoGq0f Pjd\ lg/f]k0fsf nflu
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$, ;DklQ z'4Ls/0f
lgjf/0f lgodfjnL, @)^^ / o; lgb]{zgn] tf]s] adf]lhd cfjZos gLlt, k|lqmof / cEof;sf] th{'df
u/L sfof{Gjo ug'{ kg]{5 .
-@_ pka'Fbf -!_ adf]lhdsf] gLlt, k|lqmof / cEof;df b]xfosf ljifodf cfjZos tyf pko'Qm Joj:yf ug'{
kg]{5M
-s_ hf]lvddf cfwfl/t k|lqmof ;lxt u|fxssf] u|fxs klxrfg k4lt -Customer Due Diligeince_
nfO{ cfjZostf cg';f/ nfu" ug]{,
-v_ u|fxssf] cBfjlws clen]v sfod ug]{,
-u_ sf/f]af/ tyf cGo ljj/0f ;'/lIft /fVg],
-3_ ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ tyf o; lgb]{zgsf] a'Fbf g+=!& cg';f/ ljQLo hfgsf/L
OsfO{df ;Ldf ;DaGwL sf/f]af/ ljj/0f k7fpg],
-_ ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$, tyf o; lgb]{zgn] tf]s] cg'?ksf z+sf:kb sf/f]af/sf]
ljj/0f ljQLo hfgsf/L OsfO{df k7fpg], /
-r_ o; lgb]{zgsf] kfngf ug{ cfjZos kg]{ cfGtl/s gLlt, k|lqmof, k|0ffnL / lgoGq0fsf pkfox?sf]
th{'df ug]{ .
-#_ g]kfn aflx/ s'g} zfvf jf ;xfos sDkgL dfkm{t sf/f]af/ u/L /x]sf Ohfhtkqk|fKt a}+s jf ljQLo
;+:yfx?n] o; lgb]{zg tyf ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL lgoGq0f ;DaGwL
k|rlnt sfg'g tyf lgodx?nfO{ To:tf sf/f]af/sf ;DaGwdf klg nfu" ug'{ kg]{5 . To:tf] :yfgdf
/x]sf zfvf jf ;xfos sDkgLnfO{ ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$, ;DklQ z'4Ls/0f lgjf/0f
lgodfjnL, @)^^, o; lgb]{zgsf] sfof{Gjogdf s'g} k|ltaGw jf Jojwfg ePdf ;f]sf] hfgsf/L o;
a}+snfO{ lbg' kg]{5 .
@= hf]lvddf cfwfl/t k|0ffnLsf] k|of]u u/L u|fxs klxrfg k4lt sfod ug]{
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] cfgf u|fxssf] klxrfg Pjd\ d'Nofgsf nflu k|of]u ug]{
u|fxs klxrfg k4lt -Customer Due Diligence_ n] b]xfosf s'/fx? ;dfj]z ug'{ kg]{5M
-s_ u|fxs / u|fxssf] lxtflwsf/Lsf] klxrfg ug]{,
-v_ u|fxs / u|fxssf] lxtflwsf/Lsf] af/]df cfjZos ;'rgf ;+sng ug]{ / cfjZostf cg';f/
u|fxssf] hf]lvd ljj/0f tof/ ug]{,
-u_ gofF u|fxsx? l:jsf/ ug]{ gLlt nfu" ug]{,
-3_ u|fxs / u|fxssf] lxtflwsf/Lsf] ;'rgf tyf ljj/0f lgoldt?kdf cBfjlws ug]{, /
269
#=
-_ u|fxssf] sf/f]af/sf] ljj/0fnfO{ lgoldt?kdf cg'udg ug]{ .

-@_ hf]lvdsf cfwf/df cyf{t pRr hf]lvddf /x]sf u|fxssf] nflu kl/:s[t -Enhanced Customer Due
Diligence) tyf sd hf]lvddf /x]sf u|fxssf] nflu ;fdfGo u|fxs klxrfg k4ltsf] -Simplified
Customer Due Diligence_ nfu" ug'{ kg]{5 .
u|fxssf] klxrfg
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] a]gfdL tyf sfNklgs gfddf s'g} klg vftf vf]Ng' jf /fVg'
x'b}g .
-@_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf u|fxs tyf lxtflwsf/Lsf] jf:tljs kl/ro yfxf
kfpg' kg]{5 . u|fxs eGgfn] b]xfosf -jf To:tf] ;DaGw :yfkgf ug{ vf]Hg]_ JolQmx?nfO{ hgfpF5M
-s_ Jofj;flos ;DaGw ePsf,
-v_ Ps k6s jf k6s] ?kdf o; lgb]{zgsf] a'Fbf !& sf] pka'Fbf -!_ df tf]lsPsf] ;Ldf jf ;f] eGbf
a9L sf/f]af/ ug]{,
-u_ o; lgb]{zgsf] a'Fbf !$ df pNn]v eP cg'?ksf] ljB'tLo dfWodaf6 :yfgfGt/0fsf] sfo{df
;+nUg, /
-3_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] sf/f]af/ ubf{ s'g} ;dodf ;f] JolQm ;DklQ
z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL sfo{df ;+nUg ePsf] jf x'g ;Sg]
cf+zsf /x]sf] sf/f]af/ jf Joj;fodf ;+nUg ePsf] .
-#_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] b]xfosf s'g} klg ;dodf u|fxssf] pko'Qm klxrfg sfod
ug{ cfjZos kl/ro lng] / ;f]sf] plrt d"Nofgsg ug'{ kg]{5 .
-s_ Jofj;flos ;DaGwsf nflu cg'/f]w ubf{,
-v_ lgZrt ;Ldf leqsf] k6s] sf/f]af/ ubf{,
-u_ ljB'tLo dfWodaf6 :yfgfGt/0f ubf{,
-3_ s'g} JolQm ;+sf:kb sf/f]af/ jf sfo{df ;+nUg ePsf] kfOPdf, /
-_ s'g} JolQmsf] ;DaGwdf klxn] g} k|fKt ul/;s]sf] klxrfg ;DaGwL sfuhftdf s'g} lsl;dsf]
z+sf jf b'ljwf pTkGg ePdf .
-$_ k|fs[lts JolQmsf] ;DaGwdf klxrfg sfod ubf{ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o;
lgb]{zgsf] cg';"rL !(=! df pNn]v u/] cg'?ksf sfuhft, tYofF, ;'rgfx? k|fKt u/L cfkm" ;Gt'i6
x'g]u/L :jtGq / e/kbf]{ ;|f]taf6 k'i6L ug'{ kg]{5 .
t/, ;DalGwt a}+s tyf ljQLo ;+:yfn] kTofPsf] / Ps jf ;a} vftfdf u/L a9Ldf ?= % nfv;Ddsf]
df}Hbft /xg] ;fgf artstf{sf] gofF vftf vf]nLlbg o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
;DalGwt a}+s tyf ljQLo ;+:yfn] cfjZos 7fg]df To:tf ;fgf artstf{;Fu cGo yk ljj/0f tyf
sfuhft dfu ug{ ;Sg]5 .
-%_ sfg'gL JolQm jf ;+:yfkgfx?sf] ;DaGwdf klxrfg sfod ubf{ Ohfhtkqk|fKt a}+s tyf ljQLo
;+:yfx?n] o; lgb]{zgsf] cg';"rL !(=! df pNn]v u/] cg'?ksf sfuhft, tYof, ;'rgfx? cfkm"
;Gt'i6 x'g]u/L :jtGq / e/kbf]{ ;|f]taf6 k'i6L ug'{ kg]{5 .
-^_ ;a} k|fs[lts tyf sfg'gL JolQmsf] klxrfg :yflkt ug]{ sfuhft tyf hfgsf/Lx?sf] k|ltlnkL a'em\g
;lsg] lsl;dn] Jojl:yt u/L /fVg' kg]{5 .
-&_ a}+s tyf ljQLo ;+:yfn] cfgf] k|To]s sfof{nozfvfdf cg';"rL !(=! adf]lhdsf] sfuhft nufot
cGo sfuhftx? sfof{Gjog clws[t jf tf]lsPsf] sd{rf/Laf6 k|dfl0ft u/fO{ /fVg' kg]{5 .
-*_ a}+s tyf ljQLo ;+:yfn] s'g} JolQm, kmd{, sDkgL jf ;+:yfnfO{ shf{ k|jfx ubf{ o;} ;fy ;+nUg
cg';"rL !(=@ adf]lhdsf] ljj/0f clgjfo{ ?kdf lng' kg]{5 .
270
$=
%=
u|fxssf] lxtflwsf/Lsf] lgwf{/0f

-!_ s'g} u|fxsn] Ps jf Ps eGbf j9L lxtflwsf/Lsf] nflu sf/f]af/ ul//x]sf] s'/f ;'lglZrt ug{sf nflu
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfjZos dfkb08x? lgwf{/0f ug'{ kg]{5 . olb u|fxssf]
lxtflwsf/L ePdf Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] To:tf lxtflwsf/Lsf] klxrfgsf] nflu
cfkm" ;Gt'i6 x'g]u/L cfjZos ;'rgf tyf tYof ljleGg ;|f]taf6 k|fKt ug'{ kg]{5 . lxtflwsf/Lsf]
;DaGwdf k|fKt ul/g] ;'rgf o; lgb]{zgsf] cg';"rL !(=! df tf]lsP cg'?k x'g]5 .
-@_ sfg'g4f/f lgodg ul/Psf lwtf]kq ahf/df ;'lrs[t klAns lnld6]8 sDkgL tyf ;DklQ z'4Ls/0f
tyf cft+sjfbL sfo{df ljQLo nufgL lgoGq0f ;DaGwL cGt/f{li6o dfkb08 nfu" u/]sf] d'n'ssf
sfg'g4f/f lgodg tyf ;'kl/j]If0f ul/Psf lwtf]kq ahf/df ;"lrs[t ePsf ljb]zL sDkgLx?sf] xsdf
o; lgb]{zgsf] cg';"rL !(=! df pNn]v ePsf sfuhft / ljj/0fsf cltl/Qm cGo yk hfgsf/L
cfjZos kg]{5}g . Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] To:tf] sDkgLsf] /lhi68{ sfof{no /x]sf]
d'n'sn] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL lgoGq0f ;DaGwL cGt/f{li6o dfkb08
nfu" u/]gu/]sf] s'/f Financial Action Task Force (FATF), Asia/Pacific Group on Money
Laundering (APG) h:tf / ;f]xL k|sf/sf cGo If]qLo ;+:yfx?, International Monetary Fund /
World Bank h:tf cGt/f{li6o ;+:yfx?4f/f cfgf] j]j;fO6df k|sflzt l/kf]6{ tyf ljj/0fx?sf
cfwf/df lgwf{/0f ug{ ;Sg]5g\ .
-#_ cGo sfg'gL JolQmsf ;Gbe{df Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] To:tf] u|fxssf] jf:tljs
wgL jf lgoGq0fdf /fVg] k|fs[lts jf sfg'gL JolQmsf] af/]df b]xfo adf]lhdsf] hfgsf/L lng' kg]{5 M
-s_ o;} a'Fbfsf] pka'Fbf -!_ sf] Joj:yf cg'?k s'g} sDkgL, ;Lldt bfloTj ePsf] ;fem]bf/L kmd{, jf
o:t} k|sf/sf] cGo ;+:yfx?sf ;DaGwdf b]xfo adf]lhdsf k|To]s k|fs[lts JolQmsf]] ljj/0fM
-!_ bz k|ltzt jf ;f]eGbf j9L ;]o/ vl/b u/]sf] jf dtbfgsf] clwsf/ k|fKt u/]sf],
-@_ sDkgL, ;Lldt bfloTj ePsf] ;fem]bf/L kmd{, jf o:t} k|sf/sf] cGo ;+:yfx?sf]
Joj:yfkgdf ;+nUg,
-#_ sfg'gL JolQmsf] lgoGq0f ug]{ jf lgoGq0fsf] clwsf/ k|of]u ug]{ .
-v_ u'7L jf o:t} k|sf/sf ;+:yfsf ;DaGwdf ;f]sf] ;~rfns, 6i6L / lxtflwsf/Lsf] klxrfg sfod
ug]{ .
-$_ ;]o/ :jfy{sf] ck|ToIf :jfldTj b]xfo adf]lhd :yflkt ug'{ kg]{5M
-s_ sDkgL, ;Lldt bfloTj ePsf] ;fem]bf/L kmd{, jf o:t} k|sf/sf] cGo ;+:yf / u'7Ln] wf/0f u/]sf]
;]o/df ;dfg'kflts ?kdf To:tf] ;+:yfsf] ;]o/xf]N8/, ;fem]bf/ cyjf lxtflwsf/L, /
-v_ kl/jf/sf] ;b:on] wf/0f u/]sf] ;]o/sf] ;DaGwdf kl/jf/sf] k|To]s ;b:on] wf/0f u/]sf] ;]o/
-kl/jf/ eGgfn] klt, kTgL, 5f]/f, 5f]/L, wd{k'q, wd{k'qL, afa', cfdf, ;f}t]gL cfdf, xh'/af,
xh'/cfdf, bfh' efO{, lbbL alxgL / gftL gfltgfnfO{ hgfp+5 ._
-%_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;Da4 ;a} ;'rgfsf] tyf hfgsf/Lx?sf] k|ltlnkL a'em\g
;lsg] lsl;dn] Jojl:yt u/L /fVg' kg]{5 .
:kli6s/0fM lxtflwsf/L eGgfn] s'g} u|fxssf] dflns jf clGtd?kdf lgoGq0f ug]{ k|fs[lts JolQm h;sf] nfe x'g] u/L sf/f]af/ ul/G5 ;f] JolQm_ ;Demg' kb{5 . of] zAbn] s'g} sfg'gL JolQm jf
;+:yfnfO{ lgoGq0fdf /fVg] clGtd clwsf/ k|of]u ug]{ JolQmnfO{ ;d]t hgfpF5 .
l9nf u/L k'i6L ug{ ;lsg]
-!_ b]xfosf] cj:yfdf Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o; lgb]{zgsf] a'Fbf g+= $ cg';f/
u|fxssf] ljj/0f tyf kl/rosf] k'i6L s]xL ;do l9nfu/L klg ug{ ;Sg]5g .
-s_ Jojxfl/s?kdf t'?Gt} k'i6L ug{ ;Dej gePsf] cj:yfdf h'g ;dodf ;Dej 5 ;f] ;dodf,
-v_ ;fdfGo ?kdf Joj;fosf] ;~rfngdf x:tIf]k ug{ gldNg] ;dodf,
-u_ ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL hf]lvdnfO{ k|efjsf/L ?kdf
Jojl:yt u/]sf] ;dodf
271
-@_
^=
&=
l9nfu/L u|fxssf] klxrfg k'i6L ug]{ cj:yfdf x'g ;Sg] hf]lvdnfO{ Jojl:yt ug{ Ohfhtkqk|fKt a}+s
tyf ljQLo ;+:yfx?n] To:tf u|fxsn] ug{ ;Sg] sf/f]af/sf] ;Vof, /sd / k|sf/df cfjZos ;Ldf
aGb]h nufpg ;Sg]5g .
-#_ pka'Fbf g+= -!_ df h'g;'s} s'/f n]lvPsf] eP tfklg Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] b]xfosf
u|fxs tyf sf/f]af/sf ;DaGwdf u|fxs tyf jf:tljs wgLsf] klxrfgsf] ;Dk'i6L kZrft dfq vftf
vf]Ng' jf Jofj;flos ;DaGw sfod ug'{ kg]{5 M
-s_ u|fxs hf]lvdo'Qm jf pRrkb:y JolQm jf To:tf] JolQmsf] kl/jf/sf] ;b:o tyf ;Da4 JolQm
ePsf] b]lvPdf, jf
-v_ u|fxssf] sfd sf/afxL zf:kb b]lvPdf .
hf]lvdsf] klxrfg, d"Nofgtyf hf]lvd ljj/0f
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ef}uf]lns If]q, Joj;fo jf k]zf, sfo{If]q, u|fxs, ;]jf jf
pTkfbg, sf/f]af/ tyf ljt/0f dfWod ;d]tsf cfwf/df ;DklQ z'4Ls/0f tyf cftjfbL lqmofsnfkdf
ljQLo nufgL ;DaGwL hf]lvdsf] klxrfg tyf d"Nofgug'{ kg]{5 .
-@_ hf]lvdsf] klxrfg tyf d"Nofg ubf{ /fli6o hf]lvd d"Nofgjf o; a}+sn] u/]sf] hf]lvd d"Nofg
;d]tnfO{ cfwf/ agfpg' kg]{5 .
-#_ hf]lvd d"Nofg ubf{ hf]lvd;Fu ;DalGwt ;a} kIfx?sf] ljZn]if0f u/L] hf]lvdsf] :t/ lgwf{/0f ug'{ kg]{5
.
-$_ pka'Fbf g+= -!_ adf]lhd ug]{ hf]lvdsf] d"Nofg jflif{s ?kdf u/L o; a}+snfO{ pknAw u/fpg' kg]{5 .
-%_ a}+s tyf ljQLo ;+:yfn] o; a'Fbf adf]lhd klxrfg ePsf] hf]lvdsf] :t/ cg'?k u|fxs klxrfg,
Joj:yfkg tyf hf]lvdsf] Go'lgs/0f ug{sf] nflu cfjZos kg]{ gLltut, sfo{ljlwut tyf lgoGq0ffTds
Joj:yf ldnfO{ To:tf] Joj:yfnfO{ ;do ;dodf cBfjlws ug'{ kg]{5 .
-^_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] o; a'Fbf adf]lhd d"Nofg u/]sf] hf]lvdsf] cfwf/df cfgf
k|To]s u|fxsdf lglxt hf]lvdsf] jlu{s/0f u/L -cTolws hf]lvd, dWod hf]lvd / sd hf]lvd_ ;f]xL
cg'?k pgLx?sf] ljj/0f tof/ u/L /fVg' kg]{5 . o:tf] ljj/0fdf o; lgb]{zg cg'?ksf] u|fxs klxrfg
k4lt k'/f ug{ ;lsg] kof{Kt ;'rgf tyf hfgsf/L x'g' kg]{5 . o:tf] ljj/0fdf u|fxs -lxtflwsf/L olb 5
eg]_ sf] af/]df kof{Kt hfgsf/L lng'sf ;fy} pQm u|fxsn] Ohfhtkqk|fKt a}+s jf ljQLo ;+:yf;Fu /fVg
vf]h]sf] ;DaGw / cfjZos eP /sd tyf ;DklQsf] ;|f]tsf] af/]df ;d]t pNn]v ug{' kg]{5 .
t];|f] kIfsf]] k|of]u
-!_ o; lgb]{zgsf] kfngsf] nflu t];|f] kIfsf] k|of]u ug]{ ePdf ;f]sf] hf]lvd ;d]t Go'gLs/0f x'g] u/L o;
;DaGwdf cfjZos cfGtl/s gLlt / k|lqmof ;lxt a}+s tyf ljQLo ;+:yfn] t];|f] kIfaf6 ul/Psf]
u|fxs klxrfg k4ltnfO{ cjnDag ug{ ;Sg]5 .
-@_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ / cGo k|rlnt sfg'g
cGtu{t o; a}+s jf ljQLo hfgsf/L OsfO{af6 lgodg ul/g] ;+:yfx?af6 ePsf] u|fxs klxrfg
k4ltnfO{ klg dfGotf lbg ;Sg]5 .
-#_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] cfkm" ljZj:t ePdf o; lgb]{zg adf]lhdsf] u|fxs klxrfg
k4lt k'/f ug'{ kg]{ u/L lgodgsf] bfo/fdf /x]sf] s'g} u}/ cfjfl;o t];|f] kIfn] u/]sf] u|fxs klxrfg
k4ltnfO{ klg dfGotf lbg ;Sg]5 . o;/L dfGotf lbg u}/ cfj;Lo t];|f] kIf ;DklQ z'4Ls/0f tyf
cft+sjfbL sfo{df ljQLo nufgL ;DaGwL cGt/f{li6o:t/sf dfkb08 cg'?ksf ;+oGq cGtu{t,
Ohfhtkqk|fKt u/]sf] tyf ;'kl/j]If0f ul/g] To:tf dfkb08sf] pNn+3gsf sf/0f s'g} sf/afxLdf
gk/]sf] jf ;f] ;DaGwdf s'g} k|Zg gp7]sf] / ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL
;DaGwL cGt/{fli6o dfkb08sf] sfof{Gjog u/L /x]sf] :yfgdf x'g' kg]{5 . o;/L dfGotf lbFbf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] lgj]bgsf ;DaGwdf k|fKt ;'rgf / ;DalGwt ;+:yfn] pQm
d'n'sdf ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL cGt/{fli6o dfkb08sf]
sfof{Gjog u/]gu/]sf] lgwf{/0f ug'{ kg]{5 .
272
-$_ t];|f] kIfn] tof/ u/]sf] ljj/0fnfO{ cfwf/ lnFbf k|To]s k6s Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n]
;DalGwt ;+:yfsf] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL gLlt, k|lqmof /
o; lgb]{zg cg'?ksf] u|fxs klxrfg k4lt ;DaGwL ;'rgf klg lng' kg]{5 . o;/L ;DalGwt
sfuhftsf] k|ltlnkL lng g;lsg] cj:yfdf Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx? To:tf u|fxssf]
klxrfg ;DaGwL sfuhft tyf cGo ;'rgfsf] k|lt hlt ;Sof] l56f] k|fKt ug{ cfjZos sbd rfNg'
kg]{5 / lagf s'g} lanDj To:tf] ljj/0f lng ;Sg] s'/fdf cfkm" ljZj:t x'g' kg]{5 .
-%_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL
;DaGwL cGt/f{li6o dfkb08sf] sfof{Gjog gug]{ egL o; a}+s jf ljQLo hfgsf/L OsfO{n] klxrfg
u/]sf jf :jtGq ;'rgfx?sf] cfwf/df ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL
cGt/f{li6o dfkb08sf] sfof{Gjog gu/]sf] egL ljZjf; ug'{ kg]{ kof{Kt cfwf/ / sf/0f /x]sf t];|f]
kIfn] tof/ u/]sf] u|fxs klxrfg ;DaGwL ljj/0fnfO{ :jLsf/ ug{ x'b}g .
-^_ o; lgb]{zg cg'?ksf] u|fxs klxrfg k4lt k'/f ug'{ kg]{ clGtd bfloTj ;DalGwt Ohfhtkqk|fKt a}+s
tyf ljQLo ;+:yfsf] g} x'g]5 .
*= gofF u|fxssf] :jLsf/
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o; lgb]{zg adf]lhd cfgf] jf lxtflwsf/Lsf] kl/ro v'nfpg jf
k'i6L x'g g;Sg] jf hf]lvd ljj/0f tof/ ug{ kof{Kt ;'rgf ;+sng ug{ g;lsg] s'g} JolQmnfO{ u|fxssf]
?kdf :jLsf/ ug{ x'b}g . o:tf] cj:yfdf ljQLo hfgsf/L OsfO{n] hf/L u/]sf] lgb]{zg / o; lgb]{zgsf] a'Fbf
!( sf] pka'Fbf -!_ cg';f/ z+sf:kb sf/f]af/sf] ?kdf lnO{ ;f]sf] ljj/0f ljQLo hfgsf/L OsfO{df k7fpg'
kg]{5 .
(= u|fxssf] ;'rgf lg/Gt/ ?kdf sfod /fVg]
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf u|fxsx?sf] ;DaGwdf lg/Gt/ ?kdf cfjZos ;'rgf /
ljj/0f ;+sng u/L /fVg' kg]{5 . u|fxs klxrfg k4lt -CDD) k|lqmof cGtu{t ;+sng ul/Psf sfuhft,
tYof+s, jf ;'rgfx? Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] lglZrt ;dodf cfjZos ;dLIff u/L
Jojl:yt ?kdf /fVg' kg]{5 .
!)= u|fxssf] sf/f]af/sf] lg/Gt/ ?kdf cg'udg ug]{
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfgf u|fxs jf jf:tljs wgLsf] sf/f]af/ / pgLx?;Fusf]
;DaGwsf] lg/Gt/ ?kdf cg'udg ug'{ kg]{5 . o:tf] cg'udgn] Ohfhtkqk|fKt a}+s jf ljQLo
;+:yfx?n] klxrfg u/] cg'?k g} u|fxsn] sf/f]af/ u/] gu/]sf] s'/f tyf u|fxssf] hf]lvd ljj/0f,
cfjZostf cg';f/ /sd jf ;DklQsf] ;|f]t / klxn] g} lgwf{/0f ul/Psf] /sd jf sf/f]af/sf] ;Ldf /
k|sf/ ;d]tnfO{ ;d]6\g' kg]{5 .
-@_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;a} h6Ln sf/f]af/, cfly{s / sfg'gL p2]Zo gePsf
c:jfefljs ?kn] 7"nf b]lvg] jf c:jfefljs k|s[ltsf sf/f]af/nfO{ ljif]z lgu/fgLsf ;fy x]g'{ kg]{5 .
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o:tf sf/f]af/sf] p2]Zo tyf cfwf/x? kQf nufO{ To:tf]
hfgsf/L lnlvt ?kdf /fVg' kg]{5 . Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o:tf] hfgsf/L ljQLo
hfgsf/L OsfO{{, n]vfkl/Ifs Pjd\ cGo ;Ifd lgsfon] k/LIf0f ug{ ;Sg] u/L kfFr jif{;Dd ;'/lIft
?kdf /fVg' kg]{5 . Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] s'g} sf/f]af/nfO{ cfly{s / sfg'gL p2]Zo
gePsf c:jfefljs?kn] 7"nf jf c:jfefljs k|s[ltsf sf/f]af/ egL kQf nufO{ ;s]kl5 To:tf]
sf/f]af/nfO{ ljQLo hfgsf/L OsfO{n] hf/L u/]sf] lgb]{zg / o; lgb]{zgsf] a'Fbf !( sf] pka'Fbf -!_
cg';f/ z+sf:kb sf/f]af/sf] ?kdf k7fpg' kg]{]5 .
!!= u|fxs;Fusf] ;DaGwsf] ;dflKt
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] s'g} gofF u|fxssf] jf ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ nfu"
x'g' klxn]sf u|fxssf] klg o; lgb]{zg cg'?ksf] u|fxs klxrfg k4lt ;Dkg ug{ g;Sg] cj:yf ljBdfg
ePdf u|fxssf] vftf /f]Ssf /fvL u|fxs;Fusf] ;DaGwnfO{ :ylut u/L To:tf] sf/f]af/nfO{ o; lgb]{zgsf] a'Fbf
g+= !( sf] pka'Fbf -!_ cg';f/ z+sf:kb sf/f]af/sf] ?kdf klg k7fpg' kg]{5 .
273
!@= pRr hf]lvdo'Qm u|fxsx?sf nflu kl/is[t u|fxs klxrfg k4lt cjnDag ug]{
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL
;DaGwL ck/fwsf] pRr hf]lvddf /x]sf, pRr kb:y JolQm, /fhgLlts ?kdf k|efjzfnL JolQmx?
-PEPs_ / cfdg] ;fdg] geO{ sf/f]af/ ug]{ u|fxsx?sf nflu kl/:s[t u|fxs klxrfg k4lt
-Enhanced CDD_ cjnDag ug'{ kg]{5 . kl/:s[t u|fxs klxrfg k4lt -Enhanced CDD_ n] cGo
s'/fsf cltl/Qm ;DklQsf] ;|f]t / sf/f]af/ /sdsf] ;|f]tnfO{ klg ;dfj]z ug'{ kg]{5 .
-@_ pRr hf]lvddf /x]sf u|fxsnfO{ klxrfg k|lqmofsf] x/]s r/0fdf kl/is[t u|fxs klxrfg k4lt
-Enhanced CDD_ nfu" ug'{ kg]{5 .
-#_ Ohfhtkqk|fKt a}+s jf ljQLo ;+:yfsf] Joj:yfkg txsf] dflyNnf] clwsf/Ln] :jLs[lt glbP;Dd pRr
hf]lvddf /x]sf u|fxsx?;Fu ;DaGw :yfkgf ug{ x'b}g .
-$_ b]xfosf] cfwf/df s'g} u|fxsnfO{ pRr hf]lvddf /x]sf] lgwf{/0f ug{' kg]{5M
-s_ cfdg] ;fdg] geO cGo tl/sfn] ;DaGw :yfkgf ePsf] u|fxs,
-v_ u}/ cfjf;Lo, jf To:tf] JolQmsf] /fli6otf, xfn a;f]af; /x]sf] d'n's jf klxn]sf] a;f]af;
/x]sf] d'n's ;d]tsf cfwf/df ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL
ck/fwsf] pRr hf]lvddf /x]sf] :yfgsf u|fxs,
-u_ ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL ck/fwsf] lgoGq0fdf pko'Qm
:t/ sfod ug{ g;s]sf] d'n's jf If]q;Fu ;DalGwt,
-3_ /fhgLlts ?kdf k|efjzfnL JolQmx? -PEPs_ jf ltgsf kl/jf/sf ;b:o / ;DalGwt JolQmx?,
-_ w]/} g]6jy{ ePsf], /sd jf ;DklQsf] ;|f]t :ki6 gePsf] jf lghL a}+ls Joj;fodf ;+nUg
ePsf] u|fxs,
-r_ ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ;DaGwL ck/fwdf ;+nUg x'g ;Sg]
z+sf:kb Joj;fodf ;+nUg ePsf] u|fxs,
-5_ JolQmut ;DklQ wf/0f ug]{ ;fwgsf] ?kdf /x]sf] sfg'gL JolQm,
-h_ :ki6 cfly{s tyf sfg'gL p2]Zo lagf g} hl6n k|s[ltsf] :jfldTj ;+/rgf ePsf sfg'gL JolQm,
-em_ gf]ldgL ;]o/xf]N8/ jf wf/s ;]o/ ePsf] sDkgL,
-`_ cTolws e|i6frf/ /x]sf] egL lrlgPsf] d'n's jf cGo cfwf/df pRr hf]lvddf /x]sf] If]qsf
u|fxs, /
-6_ gubsf] j9L k|of]u x'g] Jofj;flos If]qsf] sf/f]af/df ;+nUg ePsf u|fxs .
-%_ o;} a'Fbfsf] pka'Fbf -$_ df plNnlvt cfdg] ;fdg] geO{ x'g] sf/f]af/n] cGo s'/fsf cltl/Qm b]xfosf
sf/f]af/ ;Demg' k5{M
-s_ OG6/g]6af6 :yflkt ;DaGw jf x'nfs dfkm{t :yflkt ;DaGw jf o:t} cGo k|sf/n] :yflkt
;DaGw,
-v_ OG6/g]6af6 k|bfg ul/g] ;]jf tyf sf/f]af/,
-u_ ATM sf] k|of]u u/L ul/g] sf/f]af/,
-3_ 6]lnkmf]g a}+ls,
-_ km\ofS; jf cGo o:t} k|sf/sf dfWodaf6 lgb]{zg jf lgj]bg lbO ePsf sf/f]af/, /
-r_ klxn] g} e'QmfgL u/]sf, gjLs/0f ug{ ldNg] jf s'g} vftf;Fu hf]l8Psf sf8{ dfkm{t ul/g] /sd
lgisf;g jf e'QmfgL ;DaGwL sf/f]af/ .
-^_ cfdg] ;fdg] geO{ x'g] sf/f]af/df ul/g] kl/is[t u|fxs klxrfg k4ltdf b]xfosf ljifo ;d]6g' kg]{5 M
-s_ gf]6/L jf cGo ljZjf; of]Uo JolQmn] k|dfl0ft u/]sf] sfuhft,
274
-v_ k|ToIf?kdf sf/f]af/ ul/g] u|fxs;Fu dfu ul/g] sfuhftsf cltl/Qm cGo cfjZos sfuhftsf]
k|flKt,
-u_ :jtGq?kdf k'i6L ug]{ jf u|fxs;Fu ;Dks{ :yfkgf ug]{ k|lqmofsf] ljsf; ePsf] k|0ffnL .
-&_ /fhgLlts ?kdf k|efjzfnL JolQmx? -PEPs_ sf] lgwf{/0f b]xfo adf]lhdsf] k|lqmofaf6 ug{' kg]{5M
-s_ ;Defljt u|fxs;Fu k|fKt ul/g] ;Da4 ;'rgfsf] cfwf/df,
-v_ ;fj{hlgs?kdf pknAw ;'rgfsf] cfwf/df,
-u_ pknAw ePdf /fhgLlts ?kdf k|efjzfnL JolQmx? -PEPs_ sf] tYof -Data Base_ df kx'Fr
:yflkt u/]/ .
-*+_ kl/is[t u|fxs klxrfg k4lt k|of]u ubf{ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ln, j0f{, /+,
a}jflxs ;DaGw, wd{, jf /fli6otfsf] cfwf/df u}/ sfg'gL e]befj x'g glbg] tkm{ cfjZos zt{stf
ckgfpg' kg]{5 .
:ki6Ls/0fM pRr kb:y JolQm eGgfn] :jb]z jf s'g} ljb]zL d'n'sdf /fhg}lts, Jofj;flos,
;fdflhs, ljQLo, k|zf;lgs, Jofkfl/s, cf}Bf]lus If]qdf pRr txdf sfo{/t jf sfo{ ul/;s]sf
JolQm, pRr ;fj{hlgs lhDd]jf/Ldf /x]sf jf /lx;s]sf /fi6 k|d'v, ;/sf/ k|d'v, dGqL, g]kfn ;/sf/
jf g]kfn ;/sf/sf] k"0f{ :jfldTjdf ePsf] ;+:yfsf] k|yd >]0fL jf ;f] eGbf dflysf kbflwsf/L,
/fhgLlts bnsf g]tfx?, lghL jf ;fdflhs If]qsf pRr kb:y kbflwsf/L ;Demg' kb{5 . of] zAbn]
To:tf JolQmsf kl/jf/sf ;b:o tyf lghssf ;xof]uL ;d]tnfO{ hgfp5 .
!#= sd hf]lvdo'Qm u|fxsx?sf nflu ;/n u|fxs klxrfg k4lt cjnDag ug{ ;Sg]
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfk"mn] u/]sf] lnlvt hf]lvd d"Nofgd"Nofgsf cfwf/df
sd hf]lvd o'Qm u|fxssf] ;/n u|fxs klxrfg k4lt cjnDag ug{ ;Sg]5g . Ohfhtkqk|fKt a}+s
tyf ljQLo ;+:yfx?n] o:tf] k4lt cjnDag ubf{ cfjZos kg]{ sfuhft / hf]lvd lgwf{/0fsf
cfwf/x? af/]df o; a}+saf6 dfu eO{ cfPdf pknAw u/fpg' kg]{5 .
-@_ ;fdfGotof ;a} u|fxsx?sf nflu o; lgb]{zgdf plNnlvt u|fxs klxrfg k4lt cjnDag ug{' kg]{5 .
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] u/]sf] d"Nofgd"Nofgdf ;DklQ z'4Ls/0f tyf cft+sjfbL
sfo{df ljQLo nufgL ug]{ hf]lvd sd /x]sf], ;DalGwt u|fxs / lxtflwsf/Lsf] af/]df ;fj{hlgs ?kdf
g} hfgsf/L pknAw ePsf], jf /fli6o k|0ffnLdf pko'Qm lgoGq0f / k/LIf0fsf] Joj:yf /x]sf] cj:yfdf
;/n u|fxs klxrfg k4lt cjnDag ug{ ;lsg]5 .
-#_ hf]lvd sd ePsf u|fxs jf sf/f]af/x? pbfx/0fsf] ?kdf b]xfo adf]lhd /x]sf 5gM
-s_ o; a}+sn] ;'kl/j]If0f ug]{ ;+:yfx?
-v_ o; lgb]{zgsf] a'Fbf & sf] pka'Fbf -#_ df pNn]v eP cg'?k pko'Qm lgodg / ;'kl/j]If0f
cGtu{t /x]sf ljb]zL ljQLo ;+:yfx?,
-u_ g]kfn lwtf]kq af]8{n] lgodg ug]{ :6s PS;r]Ghdf ;"lrs[t ePsf] klAns sDkgL / ljQLo
hfgsf/L OsfO{n] l:js[t u/]sf / k|sfzg -Disclosure_ ;DaGwL pko'Qm lgodg / ;'kl/j]If0f
cGtu{t /x]sf ljb]zL :6s PS;r]Ghdf ;"lrs[t ePsf klAns sDkgLx?,
-3_ ? #,)),))) eGbf sd jflif{s sf/f]af/ ePsf jrt tyf rNtL vftfx? .
-$_ o;} a'Fbfsf] pka'Fbf -#_ sf] v08 -v_ / -u_ df pNn]v ePsf u}/ cfjf;Lo tyf ljb]zL sDkgLx?sf]
xsdf To:tf sDkgLx? /x]sf] :yfg jf d'n'sn] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo
nufgL ug]{ sfo{nfO{ lgoGq0f ug]{ ;DaGwdf /x]sf cGt/f{li6o dfkb08x?sf] kfngf u/]sf] x'g' kg]{5 .
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DalGwt d'n'sn] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df
ljQLo nufgL ug]{ sfo{nfO{ lgoGq0f ug]{ ;DaGwdf /x]sf cGt/f{li6o dfkb08x?sf] kfngf u/] gu/]sf]
;DaGwdf lgwf{/0f ubf{ g]kfn /fi6 a}+sn] k|sflzt u/]sf] ;"lr jf k|ltj]bg, FATF, APG, IMF, World
Bank h:tf lgsfox?sf j]j;fO6df k|sfzg ePsf] cfwf/df ug'{ kg]{5 .
-%_ o; a}+sn] s'g} d'n's jf If]qn] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ sfo{nfO{
lgoGq0f ug]{ ;DaGwdf /x]sf cGt/{fli6o dfkb08x?sf] kfngf gu/]sf] egL hfgsf/L u/fPsf] jf
275
ljZj:t :jtGq ;'rgfx?sf cfwf/df ;DalGwt Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] g} ;DklQ
z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ sfo{nfO{ lgoGq0f ug]{ ;DaGwdf /x]sf cGt/f{li6o
dfkb08x?sf] kfngf gu/]sf] egL kQf nufPsf], jf cGo s'g} sf/0fn] ;f] ;DaGwL hf]lvd /x]sf] egL
z+sf ug'{ kg]{ sf/0f ePsf :yfgsf u|fxssf] xsdf eg] ;/n u|fxs klxrfg k4lt nfu" ug{ x'b}g .
!$= ljB'tLo dfWodaf6 ul/g] jfo/ 6fG;km/ -Wire Transfer_ ;DaGwL gLlt / k|lqmof
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cfkm"n] ljB'tLo dfWodaf6 k|fKt ug]{ ;a} :yfgfGt/0fsf]
;DaGwdf pTklQstf{sf] k"0f{ ;'rgf k|fKt ug]{ / ;f]sf] ;Totf k'i6\ofO{ k|fKt ug{' kg]{5 .
-@_ pTklQstf{sf] k"0f{ ;'rgfdf b]xfosf s'/fx? kg]{5gM
-s_ pTklQstf{sf] gfd,
-v_ pTklQstf{sf] vftf gDa/ / vftf gePsf] cj:yfdf sf/f]af/ klxrfg x'g ;Sg] 5'} ;]t gDa/,
-u_ pTklQstf{sf] 7]ufgf jf ;f] gePsf] cj:yfdf lghsf] hGdldlt / hGd:yfg jf gful/stf
gDa/ jf /fli6o kl/rokq gDa/ jf u|fxs klxrfg gDa/,
-3_ lxtflwsf/Lsf] gfd tyf vftf gDa/ / vftf gePsf] cj:yfdf sf/f]af/ klxrfg x'g ;Sg] 5'}
;]t gDa/ .
-#_ ;Ldf jf/kf/ x'g] ljB'tLo dfWodaf6 ul/g] :yfgfGt/0fx?sf] ;DaGwdf cfb]z lbg] Ohfhtkqk|fKt a}+s
jf ljQLo ;+:yfn] ;fd'lxs :yfgfGt/0f ul/g] ljk|]if0fsf] nflu tf]lsPsf cj:yfx?df afx]s
pTklQstf{sf] k"0f{ ljj/0f ;lxtsf] ;'rgf jf e'QmfgL] cfb]z k7fpg' kg]{5 .
-$_ :jb]zL ljB'tLo dfWodaf6 ul/g] :yfgfGt/0f ;DaGwdf cfb]z lbg] ;+:yfn] b]xfosf dWo] s'g} Ps
;dfj]z ug'{ kg]{5 .
-s_ pTklQstf{sf] k"0f{ ljj/0f ;lxtsf] ;'rgf jf e'QmfgL cfb]z, jf
-v_ vftf gDa/ jf vftf gDa/ gePsf] u|fxssf] ;DaGwdf 5'} klxrfg gDa/ ;lxtsf] ;'rgf jf
e'QmfgL cfb]z .
-%_ qm]l86 sf8{, 8]lj6 sf8{ jf cGo s'g} lsl;dsf] sf8{x? dfkm{t x'g] /sd :yfgfGt/0fsf ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] To:tf sf8{ hf/L ubf{ cGo ;+:yfx?f/f hf/L sf8{x?dfkm{t
e'QmfgL ubf{ To:tf sf8{sf wf/sx?sf] k"0f{ ;'rgf lnOPsf] x'g' kb{5 .
-^_ e'QmfgL lbg] ;+:yf jf ljQLo hfgsf/L OsfO{n] dfu u/]sf] tLg sfo{lbgleq pTklQstf{sf] k"0f{ ljj/0f
pknAw u/fpg ;Sg] cj:yfdf dfq o;} a'Fbfsf] pka'Fbf -$_ sf] v08 -v_ adf]lhdsf] k|lqmof
cjnDag ug{ ;lsg]5 .
-&_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] k7fPsf] ;Ldf jf/kf/ ;fd'lxs ljB'tLo dfWodaf6 ul/g]
:yfgfGt/0fn] :jb]zL ljB'tLo dfWodaf6 ul/g] :yfgfGt/0f ;DaGwdf tf]lsPsf k|lqmof k'/f u/]sf]
cj:yfdf o;nfO{ :jb]zL ljB'tLo dfWodaf6 ul/g] :yfgfGt/0f h:t} u/L ug{ ;Sg]5g .
-*_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] u}/ tflnsfo'Qm sf/f]af/x? h;n] ;DklQ z'4Ls/0f tyf
cft+sjfbL sfo{df ljQLo nufgL ug]{ sfo{sf] hf]lvdnfO{ a9fpg] ub{5g To:tfnfO{ ;fd'lxs
:yfgfGt/0f ug{ lbg' x'b}g\ .
-(_ ;Da4 ljB'tLo sf/f]af/sf ;DaGwdf e'QmfgL k|lqmofdf ;+nUg x'g] ;a} dWo:y tyf e'QmfgL lbg]
;+:yfx?n] pTklQstf{sf] ;'rgf lng' kg]{5 .
-!)_ pTklQstf{sf] k"0f{ ljj/0f gePsf ljB'tLo ljk|]if0fsf] e'QmfgL lbg] Ohfhtkqk|fKt a}+s jf ljQLo
;+:yfn] To:tf] sf/f]af/nfO{ ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ sfo{sf]
hf]lvdo'Qm /x]sf] dfGg' kg]{5 . o:tf] cj:yfdf ;DalGwt Ohfhtkqk|fKt a}+s jf ljQLo ;+:yfn] ;a
eGbf klxn] cfb]z lbg] ;+:yfaf6 pTklQstf{sf] ;DaGwdf 5'6 ljj/0f dfu ug'{ kg]{5 . olb 5'6 ljj/0f
k|fKt gePdf pTklQstf{sf] k"0f{ ljj/0fsf] cefjdf To:tf] sf/f]af/nfO{ ;+sf:kb sf/f]af/sf] ?kdf lnO{
;f]sf] ljj/0f ljQLo hfgsf/L OsfO{nfO{ lbg' kg]{5 . o;sf cltl/Qm Ohfhtkqk|fKt a}+s tyf ljQLo
;+:yfn] To:tf] sf/f]af/ ug{ OGsf/ klg ug{ ;Sg]5 . pko'{Qm cj:yfdf e'QmfgL lbg] ;+:yfn] o;
lgb]{zgsf] kfngf gug]{ ;+:yf;Fu sf/f]af/ ug{ k|ltaGw nufpg] jf ;DaGw ;dfKt ug{ klg ;Sg]5 .
276
-!!_ a}+s tyf ljQLo ;+:yfn] u|fxssf] krxQ/ xhf/ ?k}ofF jf ;f]eGbf sd d"Nosf] jfo/ 6fG;km/ ubf{
pka'Fbf g+= -@_ sf] v08 -u_ adf]lhdsf] ljj/0f jf hfgsf/L glng ;Sg]5 .
-!@_ krxQ/ xhf/ ?k}oFf jf ;f]eGbf a9L /sdsf] jfo/ 6fG;km/ ;DaGwL sfo{ ug]{ a}+s tyf ljQLo ;+:yfn]
pQm /sdsf] e'QmfgL lbFbf lxtflwsf/Lsf] ;xL klxrfg ug'{ kg]{5 .
-!#_ jfo/ :yfgfGt/0f ;DaGwL sf/f]af/ ug]{ a}+s tyf ljQLo ;+:yfn] cfgf] Ph]06sf] ;DaGwdf b]xfosf]
Joj:yf ug'{ kg]{5 M
-s_ ;DklQ z'4Ls/0f tyf cftjfbL s[ofsnfkdf ljQLo nufgL lgjf/0f ;DaGwL sfo{qmd nfu"
u/fpg] / ;f]sf] kfngf eP jf gePsf] ;DaGwdf cg'udg ug]{,
-v_ Ph]06sf] cBfjlws ljj/0f tof/ u/L ;fj{hlgs ?kdf j]a;fO6df k|sfzg ug]{ .
:ki6Ls/0fM
!= ljB'tLo dfWodaf6 :yfgfGt/0f eGgfn] ljB'tLo dfWodsf] k|of]u u/L s'g} a}+s jf ljQLo ;+:yf
dfkm{t s'g} JolQmsf] /sd Ps :yfgaf6 csf]{ :yfgdf k7fpg] sfo{nfO{ ;Demg' kb{5 . o;/L /sd
k7fpg] / k|fKt ug]{ JolQm Pp6} jf cnu\ cnu\ x'g ;Sb5g .
@= pTklQstf{ eGgfn] vftfjfnf jf vftf geP klg s'g} a}+s jf ljQLo ;+:yfnfO{ Ps :yfgaf6
csf]{ :yfgdf ljB'tLo dfWodaf6 /sd :yfgfGt/0f ug{ cg'/f]w ug]{ JolQm ;Demg' kb{5 .
!%= ;Ldf jf/kf/ s/]:kf]08]G6 a}ls jf o:t} ;DaGw ;DaGwL gLlt / k|lqmof
-!_ s ju{sf a}+s tyf /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] s/]:kf]08]G6 a}ls ;DaGwdf
cfjZos gLlt, k|lqmof, tyf lgoGq0f k|0ffnLsf] th{'df u/L nfu" ug'{ kg]{5 . s/]:kf]08]G6 a}ls ;]jf
k|bfg ug{] a}+s tyf ljQLo ;+:yfx?n] csf]{ kIfn] nfu" u/]sf ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df
ljQLo nufgL ug]{ sfo{ ;DaGwL ;+oGq k|efjsf/L eP gePsf] d"Nofg ug'{ kg]{5 . o;sf nflu a}+s
tyf ljQLo ;+:yfn] csf]{ kIfsf] af/]df kof{Kt ;'rgf lnO{ p;sf] Joj;fosf] af/]df a'em\g' kg]{5 .
;fj{hlgs ?kdf pknAw ;'rgfsf cfwf/df To:tf] ;+:yfsf] ;fv lgwf{/0f ug]{, ;DklQ z'4Ls/0f tyf
cft+sjfbL sfo{df ljQLo nufgL lgoGq0f ;DaGwL ;+oGqsf] ;DaGwdf cg';Gwfg ePsf] jf
lgodgsf/L lgsfosf] sf/afxLdf k/] gk/]sf] ;d]t olsg ug'{ kg]{5 . s'g} a}+s tyf /fli6o:t/sf
v ju{sf ljQLo ;+:yfx?n] s/]:kf]08]G6 a}lssf] nflu s'g} ljb]zL a}+s;Fu ;DaGw :yflkt ubf{ jf
lg/Gt/tf lb+bf csf]{ kIf ;DalGwt clwsf/ k|fKt lgsfojf6 k|efjsf/L ?kdf ;'kl/j]If0f eO/x]sf] s'/f
lgZrt ug'{ kg]{5 .
-@_ s'g} a}+s tyf /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] cfkm" btf{ ePsf] :yfgdf sfof{no g/x]sf]
jf s'g} klg lgodgdf /x]sf ljQLo ;d'xdf g/x]sf] s'g} ljb]zL a}+s;Fu -;]n a}+s h:tf_ s/]:kf]08]G6
a}lssf] ;DaGw :yflkt ug{ jf lg/Gt/tf lb+g x'b}g .
-#_ s/]:kf]08]G6 a}lssf] nflu s'g} ljb]zL a}+ssf] af/]df hfgsf/L ln+bf cGo s'/fx?sf cltl/Qm ;DalGwt
a}+ssf] Joj:yfkg, d'Vo Joj;foLs lqmofsnfk /x]sf] :yfg, ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df
ljQLo nufgL ug]{ sfo{ lgoGq0f ;DaGwL k|of;, ;DalGwt d'n'ssf] lgodg tyf ;'kl/j]If0fsf] k|0ffnL
/ vftfsf] p2]Zo nufotsf ljifodf hfgsf/L lng' kg]{5 .
-$_ a}+s tyf /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo
nufgL ug]{ sfo{ lgoGq0f ;DaGwL cGt/f{li6o dfkb08x?sf] kfngf gug]{ d'n'sdf btf{ ePsf] jf /x]sf]
a}+s;Fu s/]:kf]08]G6 a}lssf] nflu ;DaGw :yflkt ubf{ ljz]if Wofg lbg' kg]{5 . o:tf] cj:yfdf
kl/:s[t u|fxs klxrfg k4lt cjnDag ug'{sf cltl/Qm To:tf] a}+ssf] dflns jf lxtflwsf/Lsf] af/]df
/ p;sf] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ sfo{ lgoGq0f ;DaGwL gLlt /
k|lqmofsf] af/]df ;d]t hfgsf/L lng' kg]{5 .
-%_ a}+s tyf /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] s/]:kf]08]G6 vftfx? dfkm{t x'g] sf/f]af/sf]
lgoldt cg'udgsf nflu cfjZos gLlt, k|lqmof / lgoGq0f k|0ffnLsf] th'{df u/L nfu" ug'{ kg]{5 .
-^_ a}+s tyf /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] s/]:kf]08]G6 vftf dfkm{t x'g] sf/f]af/df csf]{
kIfn] p;sf u|fxsn] g} s/]:kf]08]G6 vftfx? -k]ojn y|' PsfpG6_ k|of]u ug{ kfpg] u/L ;'ljwf lbPsf]
5 eg] To:tf] cj:yfdf laz]if zts{tf ckgfpg' kg]{5 . o:tf] cj:yfdf csf]{ kIfn] cfgf u|fxssf]
277
o; lgb]{zg adf]lhdsf] klxrfg k4lt cjnDag u/]sf] / cfkm'n] dfu]sf avt To:tf] u|fxssf] ljj/0f
csf]{ kIfaf6 k|fKt x'g] s'/fsf] ;'lgZrttf ug'{ kg]{5 .
:kli6s/0fM
!= s/]:kf]G8]06 a}+ls eGgfn] csf]{ a}+ssf] k|ltlglwsf] ?kdf ljb]zdf lgIf]k, e'QmfgL, lSnol/
nufotsf ;]jf k|bfg ug]{ sfo{nfO{ ;Demg' kb{5 .
@= k]Pjn y|' PsfpG6 -Payable through accounts) eGgfn] t];|f] kIfn] sf/f]af/ ug{ ;Sg] u/L
s'g} a}+s jf ljQLo ;+:yfdf vf]lnPsf]] vftf ;Demg' kb{5 .
!^= clen]v ;'/lIft tl/sfn] /fVg]
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] :jb]zL tyf ljb]zL ;a} sf/f]af/ tyf ljQLo hfgsf/L
OsfO{df k7fPsf o; lgb]{zg adf]lhdsf z+sf:kb tyf ;Ldf sf/f]af/sf] clen]v sf/f]af/ ePsf]
ldltn] sDtLdf kfFrjif{ -cflwsfl/s lgsfon] tf]s]sf] cj:yfdf ;f] eGbf a9L klg_ ;Dd ;'/lIft /fVg'
kg]{5 . of] Joj:yf ;DaGw jf sf/f]af/ rfn' /x]sf] jf ;dfKt ePsf] b'j} cj:yfdf nfu" x'g]5 .
-@_ k|To]s sf/f]af/ k"0f{ klxrfg ug{ ;lsg] / cfjZos kbf{ kmf}hbf/L cleof]udf cleof]hg ubf{ k|df0fdf
lng ;Sg] lsl;dn] sf/f]af/sf] ljj/0f /fVg' kg]{5 . To:tf] sf/f]af/ ljj/0fdf b]xfosf s'/fx? pNn]v
ug'{ kg]{5 .
-s_ u|fxssf] -lxtflwsf/L ;d]tsf]_ gfd, 7]ufgf -klxrfg ;DaGwL cGo dWo:yf/f /flvPsf] ljj/0f_
-v_ sf/f]af/sf] k|s[lt / ldlt,
-u_ k|of]u ePsf] d'b|fsf] k|sf/ / dfqf, /
-3_ sf/f]af/df k|of]u ePsf] vftf gDa/ / ;f]sf] k|sf/ .
!&= ;Ldf sf/f]af/ ljj/0f k7fpg' kg]{
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] b]xfosf ;Ldf leqsf] ?k}ofF tyf ;f] a/fa/sf] ljb]zL d'b|fsf]
sf/f]af/sf] ljj/0f To:tf] sf/f]af/ ePsf] ldltn] !% lbgleq cg';"rL !(=# sf] 9fFrfdf ljQLo
hfgsf/L OsfO{ ;dIf k]z ug'{ kg]{5 .
-s_ s'g} u|fxsn] Ps} k6s jf k6s k6s u/L Ps lbgdf u/]sf] ?= !) nfv jf ;f] eGbf a9L
/sdsf] gub sf/f]af/,
-v_ s'g} u|fxsnfO{ Ps} k6s jf k6s k6s u/L Ps lbgdf u/]sf] ?= !) nfv jf ;f] eGbf j9L
/sd a/fa/sf] ljb]zL d'b|fsf] e'QmfgL jf g]kfnsf] ;Ldf jf/kf/ x'g] u/L u/]sf] ljB'tLo jf cGo
:yfgfGt/0f,
-u_ s'g} u|fxsn] Ps} k6s jf k6s k6s u/L Ps lbgdf u/]sf] ?= % nfv jf ;f] eGbf j9L
/sdsf] d'b|f ;6xL sf/f]af/ .
-@_ bz nfv jf ;f] eGbf a9Lsf] lgIf]k lng] ;DaGwdf Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n]
sfo{ljlw tof/ u/L ;f]xL cg'?k ;~rfng / 5'6\6} clen]v /fVg] Joj:yf ug'{ kg]{5 . ;fy}, To:tf]
sf/f]af/ jf /sdsf] ;|f]t ;d]t k|fKt u/L u|fxs klxrfg ljj/0fdf ;d]t cBfjlws u/L /fVg' kg]{5 .
o; k|of]hgsf nflu u|fxssf] :jM3f]if0ff (Self declaration) klg dfGo x'g]5 . ;fy}, s'g} lgIf]kstf{n]
:jM3f]if0ff ubf{ To:tf] /sd cft+sjfb, nfu" kbfy{sf] sf/f]af/, dfgj a]rljvg / ;+ul7t ck/fw
nufotsf ca}w ;|f]taf6 cfh{g ePsf] xf]Og egL :jM3f]if0ff u/]df ;d]t dfGo x'g]5 .
-#_ olb s'g} sf/f]af/ ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ p2]Zon] ul/Psf] egL
s'g} Ohfhtkqk|fKt a}+s jf ljQLo ;+:yfnfO{ nfu]df To:tf] sf/f]af/ dfly plNnlvt ;Ldf eGbf
dflysf] eP jf geP klg o; lgb]{zgsf] a'Fbf !( sf] pka'Fbf -!_ cg';f/ z+sf:kb sf/f]af/sf] ?kdf
ljQLo hfgsf/L OsfO{df k7fpg' kg]{5 .
-$_ o:tf ljj/0fx? ljQLo hfgsf/L OsfO{n] tf]s] adf]lhd ljB'tLo jf cGo dfWodaf6 k7fpg ;lsg]5 .
278
!*= ljj/0f k7fpg 5'6

-!_ o; lgb]{zgsf] a'Fbf !& sf] pka'Fbf -!_ df h'g;'s} s'/f n]lvPsf] eP tfklg Ohfhtkqk|fKt a}+s tyf
ljQLo ;+:yfx?n] b]xfosf ;/sf/L sfof{no, ;+:yf / JolQmx?n] u/]sf] sf/f]af/sf] ljj/0f ljQLo
hfgsf/L OsfO{df k7fpg kg]{5}g .
-s_ g]kfn ;/sf/ jf g]kfn ;/sf/ cGtu{tsf] sfof{no jf lgsfon] u/]sf] sf/f]af/,
-v_ ljz]if P]g cGtu{t :yflkt lgsfon] u/]sf sf/f]af/,
-u_ Ohfhtkqk|fKt a}+s jf ljQLo ;+:yfn] ;+:yfut ?kdf cfkm}+ jf cGo Ohfhtkqk|fKt a}+s ljQLo
;+:yf jf ;/sf/L lgsfo;Fu u/]sf] sf/f]af/,
-3_ klAns lnld6]8 sDkgLn] cGo klAns sDkgL, ;/sf/L jf cw{ ;/sf/L sfof{no, ;+3, ;+:yf,
sDkgL jf lgsfo, ljz]if sfg'g adf]lhd :yflkt lgsfo;Fu u/]sf] sf/f]af/,
-_ k'g/aL{df Joj;fosf] sfd sf/f]af/ ubf{ aLdf sDkgLn] u/]sf] sf/f]af/,
-r_ s'g} Ohfhtkqk|fKt a}+s jf ljQLo ;+:yfn] cfgf] u|fxsnfO{ k|rlnt sfg'g adf]lhd shf{
;fk6L jf ;'lawf k|bfg u/]sf] sf/f]af/,
-5_ ;+o'Qm /fi6 ;+3, ;f] cGt{utsf sfof{no tyf o;sf lalzi6Ls[t lgsfo / cGt/f{li6o ;+:yfx?n]
u/]sf] sf/f]af/,
-h_ s'g} a}+s tyf ljQLo ;+:yfn] cfgf sd{rf/LnfO{ lbPsf] ;]jf ;'lawf jfktsf] sf/]fjf/, /
-em_ a}+s tyf ljQLo ;+:yfx?n] hf/L u/]sf] r]sdfkm{t s'g} Ps a}+s jf ljQLo ;+:yfdf /x]sf]
vftfaf6 csf]{ a}+s jf ljQLo ;+:yfdf /x]sf] vftfdf g]kfnleq /sd 6fG;km/ -gubdf afx]s_
ePsf] sf/f]af/ .
-@_ a'Fbf !* sf] pka'Fbf -!_ n] k|bfg u/]sf] 5'6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DklQ
z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ p2]Zon] ul/Psf] egL cfz+sf u/]sf] sf/f]af/sf
xsdf nfu" x'g] 5}g . To:tf sf/f]]jf/sf] ljj/0f ljQLo hfgsf/L OsfO{n] hf/L u/]sf] lgb]{zg cg'?k
ljQLo hfgsf/L OsfO{df k7fpg' kg]{5 .
!(= z+sf:kb sf/f]af/sf] ljj/0f k7fpg]
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ sf] bkmf &w cg'?k s'g}
/sd b]xfo adf]lhd /x]sf] z+sf nfu]df jf z+sf ug'{ kg]{ kof{Kt cfwf/ ePdf ;f]sf] ljj/0f ljQLo
hfgsf/L OsfO{df k7fpg' kg]{5 .
-s_ ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ n] tf]s]sf jf pQm P]g cGt{ut g]kfn ;/sf/n] /fhkqdf
;'rgf k|sfzg u/L tf]s]sf ck/fw jf ck/flws cfh{g;Fu hf]l8Psf] jf ;DalGwt /x]sf], jf
-v_ ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ n] tf]s] adf]lhd cft+safb, cft+safbL sfo{, cft+sjfbL
;+u7g, jf cft+sjfbL sfo{df nufgL;Fu hf]l8Psf] jf ;DalGwt /x]sf], jf
-u_ ljQLo hfgsf/L OsfO{n] hf/L u/]sf] lgb]{zgdf tf]lsPsf cfwf/df z+sf:kb b]lvPsf] .
-@_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ;a} z+sf:kb sf/f]af/ jf ;f]sf] k|of; ;d]tsf] ljj/0f ljQLo
hfgsf/L OsfO{df k7fpg' kg]{5 . ljj/0f k7fpg] bfloTj cGo s'g} lsl;dn] ;Lldt x'g] 5}g .
-#_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] pka'Fbf g+= -!_ adf]lhd z+sf nfu]sf] jf z+sf ug'{kg]{ dgfl;j
cfwf/ ePsf] tLg lbgleq z+sf:kb sf/f]af/sf] ljj/0f oyfzSo rfF8f] k7fpg' kg]{5 .
-$_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] z+sf:kb sf/f]af/sf] ljj/0fdf ;a} sf/f]af/sf] /sd / ;Da4
hfgsf/L o; a}+sn] hf/L u/]sf] lgb]{zg cg'?k k7fpg' kg]{5 .
-%_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] z+sf:kb sf/f]af/sf] ljj/0f o; lgb]{zgsf] cg';"rL !(=$
df lbOPsf] 9fFrfdf k7fpg' kg]{5 .
-^_ o; lgb]{zg adf]lhdsf ljj/0fx? g]kfn /fi6 a}+s, ljQLo hfgsf/L OsfO{, afn'jf6f/, sf7df08f}sf]
7]ufgfdf k7fpg' kg]{5 . o; lgb]{zg adf]lhd Od]naf6 ;d]t k7fpg' kg]{ ljj/0fx? ljQLo hfgsf/L
OsfO{sf] Od]n 7]ufgf reportfiu@nrb.org.np dfkm{t k7fpg' kg]{5 . o; ;DaGwdf yk hfgsf/L lng'
279
k/]df pQm OsfO{sf] kmf]g g+= $$!(*)$$$!(*)%$$!(*)& -Ext. $!$$!&$!*_ km\ofS;M

g+= $$$!)%! df ;Dks{ ug{ ;lsg] 5 .
:ki6Ls/0fM ck/flws cfh{g eGgfn] s'g} k|ToIf jf ck|ToIf?kdf s'g} ck/flws sfo{af6 k|fKt ePsf]
;DklQ jf cfly{s nfe ;Demg' kb{5 . ;fy} of] zAbn] To:tf] ;DklQaf6 a9] a9fPsf] jf k"0f{ jf
cf+lzs?kn] :j?k kl/jt{g u/]sf] ;DklQnfO{ ;d]t hgfpF5 .
@)= cgflws[t JolQmnfO{ ;'rgf lbg k|ltaGw / bfloTjaf6 ;+/If0f
-!_ ;'rgf lbg jf bfloTjaf6 ;+/If0f ug]{ ;DaGwdf b]xfo adf]lhd ug'{ kg]{5 M
-s_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yf, ;f]sf ;~rfns, kbflwsf/L / sd{rf/Lx? -:yfO{ /
c:yfO{_ s;}n] klg ljQLo hfgsf/L OsfO{{df k7fPsf] ;Ldf sf/f]af/ jf z+sf:kb sf/f]af/ jf
;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{ ;DaGwL ck/fwsf] ;DaGwdf ePsf]
jf eO{/x]sf] cg';Gwfg jf cGo ;Da4 ;'rgfx? v08 -v_ df pNn]v ePsf] cj:yfdf / k|rlnt
sfg'gn] tf]s]sf] cj:yfdf afx]s s'g} klg lsl;dn] u|fxs jf cGo s'g} JolQmnfO{ hfgsf/L lbg'
x'Fb}g .
-v_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ sf] s'g}
Joj:yfsf] sfof{Gjog ul//x]sf] lgsfon] dfu u/]sf avt To:tf] hfgsf/L k|s6 ug'{ kg]{5 .
-u_ s;}n] ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ sf] sfof{Gjogsf] nflu afx]s z+sf:kb sf/f]af/sf]
ljj/0f tof/ ug]{, ljQLo hfgsf/L OsfO{ jf cGo ;/sf/L lgsfonfO{ ;DklQ z'4Ls/0f tyf
cft+sjfbL sfo{df ljQLo nufgL ug]{ ;DaGwL sfo{sf] af/]df ljj/0f k7fpg] JolQmsf] kl/ro
v'Ng ;Sg] s'g} klg k|sf/n] k|s6 ug{ x'b}g .
-3_ s;}n] klg Gofosf] k|of]hgsf nflu cfjZos ePsf] egL GofowLz jf d'2f x]g]{ clwsf/Ln] k|s6
ug{ cfb]z lbPsf]df afx]s z+sf:kb sf/f]af/sf] ljj/0f jf ;f]df ;dfj]z ePsf cGo hfgsf/L
To:tf] ljj/0f tof/ ug]{, To:tf] sf/f]af/ ;DkGg ug]{, ljj/0f k7fpg] JolQmx?sf] kl/ro jf
kl/ro v'Ng] u/L s'g} klg k|s6 ug{ x'b}g .
-@_ ;DklQ z'4Ls/0f lgjf/0f P]g, lgod / o; lgb]{zgsf] Joj:yf cg'?k c;n lgotn] ljj/0f k7fPsf]
jf hfgsf/L lbPsf] sf/0fn] s'g} klg ;"rs ;+:yf jf To;sf ;~rfns, lk|lG;kn, kbflwsf/L,
;fem]bf/, k]zfut Joj;foL jf sd{rf/LnfO{ a}+ls jf cGo s'g} klg k]zfut uf]Kotf e+u u/]sf]
cf/f]kdf o; a}+sn] s'g} klg sf/jfxL ug{] 5}g .
@!= cfGtl/s gLlt, k|lqmof, k|0ffnL / lgoGq0f
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o; lgb]{zgsf] kfngf x'g] u/L cfjZos cfGtl/s gLlt,
k|lqmof tyf lgoGq0f k|0ffnLsf] th'{df u/L nfu" ug'{ kg]{5 . To:tf] k|0ffnLdf sDtLdf ;DklQ z'4Ls/0f
lgjf/0f P]g @)^$, ;DklQ z'4Ls/0f lgjf/0f lgodfjnL @)^^, o; lgb]{zgsf Joj:yfx?sf]
sfof{Gjog ug]{ Joj:yfksLo :t/sf] sfof{Gjog clws[t lgo'Qm ug]{ Joj:yfx? ug'{ kg]{5 .
-@_ sfof{Gjog clws[t tyf cGo ;Da4 sd{rf/Ln] u|fxs klxrfg tyf u|fxs klxrfg k4lt cg'?ksf
ljj/0f, sf/f]af/sf] ljj/0f, / cGo ;Da4 hfgsf/Lx? ;dod} k|fKt ug{ ;Sg] Joj:yf ug'{ kg]{5 .
sfof{Gjog clws[tn] :jtGq?kdf sfo{ ug]{ tyf p;sf] cfgf] ;'kl/j]Ifs eGbf dflyNnf] txsf]
clwsf/L jf ;~rfns ;ldlt jf ;dfg :t/sf] cGo s'g} ;ldlt ;dIfsf] kx'FrnfO{ ;'lglZrt ug'{
kg]{5 .
-#_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] sfof{Gjog clws[tsf] gfd, 7]ufgf, of]Uotf, ;Dks{ gDa/,
Od]n nufotsf ljj/0f o; a}+s / ljQLo hfgsf/L OsfO{ ;dIf k7fpg' kg]{5 . sfof{Gjog clws[tsf]
kl/jt{g jf cGo ljj/0fdf kl/jt{g ePdf ;f]sf] ;d]t hfgsf/L k7fpg' kg]{5 .
-$_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfsf] ;~rfns ;ldltn] sDtLdf q}dfl;s ?kdf ;DklQ z'4Ls/0f
lgjf/0f P]g @)^$, ;DklQ z'4Ls/0f lgjf/0f lgodfjnL @)^^, o; lgb]{zgsf Joj:yfx?sf]
sfof{Gjogsf] cj:yfsf] af/]df ;dLIff ug'{ kg]{5 / cw{jflif{s ?kdf ;dLIff k|ltj]bg ljQLo hfgsf/L
OsfO{df k]z ug'{ kg]{5 .
-%_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL ug]{
;DaGwL ck/fwsf] lgoGq0f ;DaGwdf cfjZos ;'rgfx? cfk;df cfbfg k|bfg ug'{ kg]{5 .
280
-^_
@@=
@#=
@$=
@%=
@^=
@&=
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] oL gLlt, k|lqmof tyf lgoGq0fsf ;+oGqx?sf] sfof{Gjog
eP gePsf] k/LIf0f ug]{ ;DaGwdf cfjZos ;|f]t tyf :jtGq n]vfk/LIf0f -gd"gf k/LIf0f ;d]t_
;DaGwL Joj:yf ug'{ kg]{5 .
-&_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df x'g] nufgL
lgoGq0f ug{ ljsl;t eO{/x]sf ;+oGqx? / ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df k|of]u eO{/x]sf
tl/sf / k|j[lQx?, ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df x'g] nufgL ;DaGwL ck/fw lgoGq0f ug{
ag]sf sfg'gsf] sfof{Gjog ug{ k'/f ug'{ kg]{ bfloTj, u|fxs klxrfg k|lqmof / z+sf:kb sf/f]af/sf]
ljj/0f k7fpg] tl/sf ;d]tsf af/]df cfk\mgf sd{rf/Lx?nfO{ cfjZos tflnd Pjd\ hfgsf/Lsf]
Joj:yf lg/Gt/ ?kdf ug'{ kg]{5 .
-*_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] sd{rf/L 5gf}6 ubf{ pko'{Qm dfkb08 ;lxtsf] 5gf}6
k|lqmof cjnDag ug'{ kg]{5 .
gofF k|ljlwsf] b'?kof]u x'g glbg] u/L gLlt tyf k|lqmof th'{df u/L nfu" ug]{
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df x'g] nufgL
;DaGwdf x'g ;Sg] k|ljlwsf] b'?kof]u /f]Sg cfjZos gLlt tyf k|lqmof th'{df u/L nfu" ug'{ kg]{5 .
-@_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?sf] o:tf] gLlt tyf k|lqmofn] cfdg] ;fdg] geO{ x'g]
Joj;foLs ;DaGw jf sf/f]af/;Fu ;DalGwt ljz]if hf]lvdnfO{ ;d]t ;dfj]z ug'{ kg]{5 . o:tf] gLlt
tyf k|lqmof u|fxs;Fu ;DaGw :yflkt ubf{ / u|fxssf] d"NofFsg k4lt cjnDag u/L nfu" ug'{ kg]{5 .
;]n (Cell) a}+s ;DaGwdf M
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] ;]n a} jf ;]n a}nfO{ sf/f]af/ ug{ lbg] s'g} klg ljQLo jf cGo
;+:yf;Fu Jofj;flos ;DaGw :yfkgf ug{ jf To:tf] Jofj;flos ;DaGwnfO{ lg/Gt/tf lbg xF'b}g .
;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ -bf];|f] ;+zf]wg cWofb]z @)&)_ sf] bkmf @(= sf] pkbkmf -!_ adf]lhd
;+o'Qm /fi6 ;+3sf] ;'/Iff kl/ifb\af6 kfl/t lg0f{o adf]lhd ;'rLs[t ePsf cft+ssf/L JolQm, ;d'x jf
;7gsf] cBfjlws ;"rL g]kfn ;/sf/, k//fi6 dGqfnon] cfgf] j]a;fO6df /fVg] / ;f] ;"rLdf /x]sf
cft+ssf/L JolQm, ;d'x jf ;7gsf] ;DklQ jf sf]if /f]Ssf /fVg ;f]xL bkmfsf] pkbkmf -@_ / -#_ adf]lhd
g]kfn ;/sf/, u[x dGqfnon] cfb]z hf/L u/L j]a;fO6df k|sfzg ug'{kg]{ Joj:yf /x]sf] Joxf]/f ljlbt} 5 .
;fy}, ;f]xL bkmfsf] pkbkmf -$_ adf]lhd Ohfhtkqk|fKt ;+:yfx?n] lgoldt ?kdf j]a;fO6 x]/L k|sflzt
;"rLdf plNnlvt JolQm, ;d'x jf ;7gsf] af/]df cBfjlws hfgsf/L xfl;n u/L u[x dGqfnosf] cfb]z
adf]lhd ug{'u/fpg' kg]{5 .
o; a}+saf6 Ohfhtkqk|fKt s au{sf a}+sx?n] o; a}+ssf] j]e;fO6df Supervision lzif{s cGtu{t Bank
Supervision df AML CFT Reporting Format l/kf]l6 kmfOnx? cknf]8 ul/Psf] x'Fbf ;f] dWo] Offsite
Data Collection Form sf] ljj/0f tof/ u/L cw{ aflif{s ?kdf k|To]s c;f/ d;fGt / k'; d;fGtsf] ljj/0f
qmdzM >fj0f / df3 d;fGtleq / Bank's Self-Assessment Questionaionare sf] ljj/0f tof/ u/L jflif{s
?kdf k|To]s >fj0f d;fGtleq a}+s ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
sf/afxL / ;hfo
o; lgb]{zgsf] Joj:yf sfof{Gjog gug]{ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yf / To:tf] a}+s tyf ljQLo
;+:yfsf sd{rf/L tyf kbflwsf/LnfO{ ;DklQ z'4Ls/0f lgjf/0f P]g, @)^$ tyf g]kfn /fi6 a}+s P]g, @)%*
adf]lhdsf] sf/afxL x'g]5 .
vf/]hL / jrfpm
PsLs[t lgb]{zg, @)&! sf]] u|fxs klxrfg ;DaGwL Joj:yf O=k|f= lgb]{zg g+= !()&! af6 hf/L
;Dk"0f{ lgb]{zgx? .
-@_ pka'Fbf -!_ adf]lhd vf/]h ul/Psf lgb]{zg adf]lhd eP u/]sf sfd sf/jfxL o;} lgb]{zg adf]lhd
eP u/]sf] dflgg]5 .
281
cg';"rL !(=!
u|fxs klxrfg ;DaGwL Joj:yf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] s'g} klg u|fxssf] vftf vf]Nbf u|fxssf] k|s[lt cg';f/ b]xfosf ljj/0f
tyf sfuhftx? lng' kg]{5 .
-s_ JolQmut vftf -g]kfnL gful/ssf] xsdf_
-!_ gfd, y/
-@_ hGd ldlt
-#_ :yfoL 7]ufgfM
lhNnf=============== g=kf=uf=lj=;================= j8f g+==== 6f]nufFp===========3/ gDa/============
6]lnkmf]g g+==================df]jfOn g+=====================Od]n 7]ufgf======================
-$_ xfnsf] 7]ufgfM
lhNnf=============== g=kf=uf=lj=;================= j8f g+==== 6f]nufFp===========3/ gDa/============
6]lnkmf]g g+==================df]jfOn g+=====================Od]n 7]ufgf======================
-%_ gful/stfM
gful/stf g+==================hf/L ug]{ lhNnf======================== hf/L ldlt================
-^_ kf;kf]6{M
kf;kf]6{ g+==================hf/L ug]{ lhNnf======================== hf/L ldlt================
-&_ kl/rokqsf] xsdfM
kl/rokqsf] lsl;d ====== kl/rokq g+====== =hf/L ug]{ lgsfo============ hf/L ldlt================
-*_ :yfoL n]vf gDa/M
-(_ Psf3/ kl/jf/sf ;b:ox?sf] ljj/0fM
qm=;+ gftf
gfd, y/
!=
kltklTg
@=
afa'
#=
cfdf
$=
afh]
%=
5f]/f
^=
5f]/L
&=
a'xf/L -5f]/fsf] >Ldlt_
*=
;;'/f -ljjflxtdlxnfsf]
xsdf_
-!)_ ;+nUg /x]sf] k]zfJoj;foM
-tLg j6f eGbf a9L ;+:yfdf ;+nUg ePdf 5'} ljj/0f k]z ug{ ;lsg]_
qm=;+
;+:yfsf] gfd
7]]ufgf
kb
cg'dflgt jflif{s
cfDbfgLkfl/>lds
!=
@=
#=
-!!_ lgj]bsn] ;+nUg ug'kg]{ sfuhftx?M
282
-c_ gful/stf jf /fxbfgL jf :yfoL n]vf gDa/sf] k|df0fkq jf ;/sf/L, ;fj{hlgs ;+:yf
tyf ;+ul7t ;+:yfsf g]kfnL sd{rf/Lsf] xsdf lghsf] sd{rf/L kl/rokq jf g]kfn
;/sf/af6 cg'bfgk|fKt ljBfno, dxfljBfno tyf ljZjljBfnosf sd{rf/L, lzIfs jf
k|fWofkssf] xsdf lghsf] sd{rf/LlzIfsk|fWofks kl/rokqsf] 5lalrq
-cf_ xfn;fn} lvlrPsf] kf;kf]6{ ;fOhsf] kmf]6f]
-!@_ ;DalGwt ;+:yfn] cfjZos 7fg]sf cGo ljj/0f tyf sfuhftx? .
:kli6s/0fM
-!_ 3/ g+=, 6]lnkmf]g g+=, df]jfOn g+=, Od]n 7]ufgf, kf;kf]6{, k]zf Joj;fo, :yfoL n]vf gDa/ h:tf
ljj/0fx? gePsf lgj]bssf] xsdf To:tf ljj/0f pNn]v ug{ clgjfo{ x'g] 5}g . t/ ;f]
ljj/0fx? cfkm';Fu g/x]sf] Joxf]/f :j3f]if0ff u/fpg' kg]{5 .
-@_ o; lgb]{zg adf]lhd kl/is[t u|fxs klxrfg k4lt -Enhanced CDD_ ckgfpg' kg]{ u|fxsx?sf]
xsdf eg] Psf3/ kl/jf/sf ;b:ox?sf] gful/stfsf] 5lalrq -gfjfnssf] xsdf kl/rokq_
lng' kg]{5 .
-#_ z/0ffyL{sf] xsdf gful/stfsf] ;f g]kfn ;/sf/ jf cGo cflwsfl/s lgsfon] lbPsf] kl/ro
kqsf] 5lalrqnfO{ cfwf/ lng ;lsg]5 .
-v_ ;fem]bf/L jf JolQmut kmd{sf] vftf
-!_ kmd{sf] gfd
-@_ btf{ x'Fbfsf] 7]ufgf -lhNnf, g=kf=uf=lj=;=, j8f g+=, 6f]nufFp, 3/ gDa/, 6]lnkmf]g g+=, km\ofS;
g+=_
-#_ btf{ x'Fbfsf] 7]ufgf kl/jt{g ePsf] ePdf kl/jlt{t 7]ufgf
-$_ btf{sf] k|df0fkq -btf{ g+=, btf{ ug]{ sfof{no, btf{ ldlt
-%_ :yfoL n]vf gDa/
-^_ sf/f]af/sf] lsl;d
-&_ sfo{If]q
-*_ zfvfsfof{no ;+Vof / d'Vod'Vo zfvfsfof{nox? /x]sf] :yfg
-(_ jflif{s cg'dflgt sf/f]af/ /sd
-!) k|f]k|fO6/, ;fem]bf/ / vftf ;~rfnsx?sf] ljj/0f -kb, gfd, y/, kltklTg, afa', afh]sf] gfd,
:yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=, Od]n 7]ufgf_
-!!_ k|f]k|fO6/, ;fem]bf/ / vftf ;~rfnsx?sf] kf;kf]6{ ;fO{hsf] kmf]6f] / gful/stf jf kf;kf]6{sf]
5lalrq
-!@_ n]vfk/LIf0f x'g] kmd{sf] xsdf kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f . gx'g]
kmd{sf] xsdf n]vfk/LIf0f gx'g] Joxf]/f k|f]k|fO6/, ;fem]bf/af6 :j3f]if0ff u/fpg' kg]{5 .
-!#_ kmd{ /lhi6]zgsf] k|df0fkq
-!$_ :yfgLo lgsfo jf cGo ;/sf/L lgsfodf btf{ eO{ :yfoL n]vf gDa/ k|fKt u/]sf] k|df0fkq
-!%_ kmd{sf ;fem]bf/ aLr ePsf] sa'lnotgfdf
-!^_ ;fem]bf/ kmd{ eP cfly{s tyf k|zf;lgs sf/f]af/ ug]{ ;DaGwdf lbPsf] clVtof/gfdf
-!&_ ;DalGwt ;+:yfn] cfjZos 7fg]sf cGo ljj/0f tyf sfuhftx? .
-u_ sDkgLsf] vftf
-!_ sDkgLsf] gfd
g+=, Od]n 7]ufgf, j]j;fO6 7]ufgf_
-$_ btf{sf] k|df0fkq -btf{ g+=, btf{ ug]{ sfof{no, btf{ ldlt_
-%_ :yfoL n]vf gDa/
-&_ sfo{If]q
283

-!)_ ;~rfns, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] ljj/0f -kb, gfd, y/, kltklTg, afa',
afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=, Od]n 7]ufgf_
-!!_ ;~rfns, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] kf;kf]6{ ;fO{hsf] kmf]6f] / gful/stf jf
kf;kf]6{sf] 5ljlrq
-!@_ kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f
-!#_ ljb]zL sDkgLsf] ;xfos sDkgL ePdf ljb]zL d'Vo sDkgLsf] gfd / 7]ufgf
-!$_ ;+:yfkgf / u7g ;DaGwL k|df0fkq tyf sDkgLsf] k|aGwkq / lgodfjnL
-!%_ vftf vf]Ng] / vftf ;~rfng ug]{ ;DaGwdf ;~rfns ;ldltn] u/]sf] lg0f{o / clVtof/L
-!^_ ;~rfns ;ldltn] sfo{sf/L k|d'v / cGo clws[t sd{rf/LnfO{ cfly{s sf/f]af/sf] ;DaGwdf
k|bfg u/]sf] clVtof/L
:kli6s/0fM
-!_ ljz]if P]g cGtu{t :yfkgf ePsf ;+ul7t ;+:yfx?sf] xsdf btf{sf] k|df0fkq ;DaGwL ljj/0f
lng clgjfo{ x'g] 5}g .
-3_ Snau}/;/sf/L ;+3;+:yfsf] vftf
-!_ Sna tyf u}/;/sf/L ;+3 ;+:yfsf] gfd
-$_ btf{sf] k|df0fkq -btf{ g+=, btf{ ug]{ sfof{no, btf{ ldlt_
-%_ :yfoL n]vf gDa/
-&_ sfo{If]q
-!)_ sfo{ ;ldltsf ;b:o, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] ljj/0f -kb, gfd, y/, kltkTgL,
afa', afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=, Od]n 7]ufgf_
-!!_ sfo{ ;ldltsf ;b:o, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] kf;kf]6{ ;fO{hsf] kmf]6f] /
gful/stf jf kf;kf]6{sf] 5lalrq
-!@_ kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f
-!#_ ;+:yf btf{ k|df0fkqsf] 5lalrq
-!$_ ljwfg
-!%_ vftf vf]Ng] ;DaGwL sfo{ ;ldltsf] lg0f{o
-!^_ vftf ;~rfng tyf cfly{s sf/f]af/ ;DaGwL clVtof/L
-_ ;xsf/L ;+:yfsf] vftf
(1)
;+:yfsf] gfd
(2) btf{ x'Fbfsf] 7]ufgf -lhNnf, g=kf=uf=lj=;=, j8f g+=, 6f]nufFp, 3/ gDa/, 6]lnkmf]g g+=, km\ofS;
(3)
btf{ x'Fbfsf] 7]ufgf kl/jt{g ePsf] ePdf kl/jlt{t 7]ufgf
(4) btf{sf] k|df0fkq -btf{ g+=, btf{ ug]{ sfof{no, btf{ ldlt_
(5) :yfoL n]vf gDa/
(6)
sf/f]af/sf] lsl;d
(7) sfo{If]q
(8) zfvfsfof{no ;+Vof / d'Vod'Vo zfvfsfof{nox? /x]sf] :yfg
(9) jflif{s cg'dflgt sf/f]af/ /sd
(10) ;~rfns, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] ljj/0f -kb, gfd, y/, kltkTgL, afa',
afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=, Od]n 7]ufgf_
284
;~rfns, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] kf;kf]6{ ;fO{hsf] kmf]6f] / gful/stf jf

kf;kf]6{sf] 5lalrq
(12) kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] ljQLo ljj/0f
(13) ;+:yfsf] ljlgod
(14) ;+:yf btf{ ;DaGwL k|df0fkqsf] 5lalrq
(15) vftf vf]Ng] ;DaGwL ;~rfns ;ldltsf] lg0f{o / cfly{s sf/f]af/ ug]{ ;DaGwL clVtof/L
(16) ;DalGwt ;+:yfn] cfjZos 7fg]sf cGo ljj/0f tyf sfuhftx? .
-r_ ;fj{hlgs u'7L jf lghL u'7Lsf] vftf
(1)
gfd
(3)
(5) :yfoL n]vf gDa/
(6)
sf/f]af/sf] lsl;d
(7) sfo{If]q
(10) ;~rfns jf Joj:yfkg ;ldltsf ;b:o, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] ljj/0f -kb,
gfd, y/, kltkTgL, afa', afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=,
Od]n 7]ufgf_
(11) ;~rfns jf Joj:yfkg ;ldltsf ;b:o, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] kf;kf]6{
;fO{hsf] kmf]6f] / gful/stf jf kf;kf]6{sf] 5lalrq
(13) ljwfg
(14) u'7L :yfkgf ;DaGwL ePsf] sa'lnotgfdf
(15) u'7L :yfkgf ;DaGwL k|df0fkqsf] k|dfl0ft 5lalrq
(16) vftf vf]Ng] ;DaGwL ;~rfnsJoj:yfkg ;ldltsf] lg0f{o / cfly{s sf/f]af/ ;DaGwL clVtof/L
-5_ :s'n jf SofDk;sf] vftf
(1)
:s'n jf SofDk;sf] gfd
(3)
(5) :yfoL n]vf gDa/
(6)
sf/f]af/sf] lsl;d
(7) sfo{If]q
(10) ;~rfns jf Joj:yfkg ;ldltsf ;b:o, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] ljj/0f -kb,
gfd, y/, kltkTgL, afa', afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=,
Od]n 7]ufgf_
(11) ;~rfns jf Joj:yfkg ;ldltsf ;b:o, sfo{sf/L k|d'v / vftf ;~rfnsx?sf] kf;kf]6{
;fO{hsf] kmf]6f] / gful/stf jf kf;kf]6{sf] 5lalrq
(13) k|aGwkq / lgodfjnL
(14) ;+:yf :jLs[ltsf] k|df0fkqsf] k|dfl0ft 5lalrq
(15) ;~rfnsJoj:yfkg ;ldltn] vftf vf]Ng] ;DaGwL u/]sf] lg0f{o / cfly{s sf/f]af/ ;DaGwL
lbPsf] clVtof/L
(11)
285
;DalGwt ;+:yfn] cfjZos 7fg]sf cGo ljj/0f tyf sfuhftx? .

-h_ cGt/f{li6o u}/;/sf/L ;+:yfsf] vftf
(1)
;+:yfsf] gfd
(3)
(5) :yfoL n]vf gDa/
(6)
sf/f]af/sf] lsl;d
(7) sfo{If]q
(10) ;~rfns, sfo{sf/L k|d'v, g]kfnsf nflu lgo'Qm k|ltlglw jf k|d'v / vftf ;~rfnsx?sf]
ljj/0f -kb, gfd, y/, kltklTg, afa', afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=,
df]jfOn g+=, Od]n 7]ufgf_
(11) ;~rfns, sfo{sf/L k|d'v, g]kfnsf nflu lgo'Qm k|ltlglw jf k|d'v / vftf ;~rfnsx?sf]
kf;kf]6{ ;fO{hsf] kmf]6f] / gful/stf jf kf;kf]6{sf] 5lalrq
(13) ;dfh sNof0f kl/ifb\ / ;+:yf aLr s'g} ;Demf}tf ePsf] eP ;Demf}tfsf] k|ltlnkL
(14) g]kfn ;/sf/;Fu s'g} ;Demf}tf ePsf] eP ;f] ;Demf}tf
-!%_ g]kfnsf] s'g} cflwsfl/s lgsfojf6 ;DaGwg jf :jLs[lt lnO;s]sf cGt/f{li6o u}=;=;+= afx]s
cGo cGt/f{li6o u}=;=;+=sf] xsdf ;DalGwt b]z jf ;f] b]zsf] /fhb"tfjf;sf] l;kmfl/z kq .
-!^_ ;+:yfsf] ljwfg
-!&_ ;+:yfn] vftf vf]Ng lbPsf] clVtof/L / cfly{s sf/f]af/ ug{ lbPsf] clVtof/L
-!*_ ;DalGwt ;+:yfn] cfjZos 7fg]sf cGo ljj/0f tyf sfuhftx? .
-em_ ljb]zL JolQmsf] vftf
(1)
k'/f gfd, y/
(2) ljb]zsf] 7]ufgf -:yfoL / c:yfoL_
(3)
g]kfnsf] 7]ufgf
(4) kltklTg, afa' / afh]sf] gfd
(5) kf;kf]6{le;fM
kf;kf]6{ g+==========hf/L ug]{ b]z========== hf/L ldlt===============le;fsf] cjlw gfg] ldlt==========
(6)
Dofb ggf3]sf] le;fsf] k|dfl0ft 5lalrq
(7) kf;kf]6{sf] k|ltlnkL
(8) sd{rf/L eP sfo{/t ;+:yfsf] l;kmfl/z kq
(9) /fxbfgL gePsf ef/tLo gful/ssf] xsdf ef/tLo /fhb"tfjf;sf] kq
-`_ ljb]zL sDkgLsf] vftf
(1)
sDkgLsf] gfd
(2) ljb]zL sDkgLsf] ljb]zdf /x]sf] d'Vo sfof{nosf] 7]ufgf
(3)
ljb]zL sDkgLsf] g]kfn l:yt 7]ufgf
(4) g]kfn l:yt sfof{nosf] lsl;d -zfvf, ;Dks{, kl/of]hgf jf cGo s'g}_
(5) ljb]zdf btf{sf] k|df0fkq -btf{ g+=, btf{ ug]{ b]z, btf{ ug]{ sfof{no, btf{ ldlt_
(6)
g]kfndf btf{ ePsf] eP ;f] ;DaGwL ljj/0f tyf sfuhft
(7) sf/f]af/sf] lsl;d
(8) sfo{If]q
(11) ljb]zL sDkgL btf{ ePsf] sfuhft
(16)
286
sDkgLsf] k|aGwkq, lgodfjnL

j}b]lzs sDkgLn] vftf vf]Ng lbPsf] clVtof/L tyf sf/f]af/ ug{ lbPsf] clVtof/L
j}b]lzs sDkgLsf] ;~rfns / sfo{sf/L k|d'vsf] ljj/0f -kb, gfd, y/, 7]ufgf, 6]lnkmf]g g+=,
df]jfOn g+=, Od]n 7]ufgf_
(15) g]kfnsf nflu lgo'Qm ul/Psf] k|ltlglw / vftf ;~rfnssf] ljj/0f -kb, gfd, y/, kltkTgL,
afa', afh]sf] gfd, :yfoL 7]ufgf, xfnsf] 7]ufgf, 6]lnkmf]g g+=, df]jfOn g+=, Od]n 7]ufgf_
(16) j}b]lzs sDkgLsf] k|d'v b'O{ kbflwsf/L, g]kfnsf nflu lgo'Qm ul/Psf] k|ltlglw / vftf
;~rfnsx?sf] kf;kf]6{ ;fO{hsf] kmf]6f], gful/stf jf kf;kf]6{sf] 5lalrq / tL JolQmx?sf]
7]ufgf k'i6L x'g] sfuhft
s'6g}lts lgof]u/fhb"tfjf;sf] vftf
(1)
lgof]u/fhb"tfjf;sf] kq
(2) vftf ;~rfng ;DaGwL clVtof/L
(3)
vftf ;~rfnssf] gfd, y/, 7]ufgf, kmf]6f] tyf 7]ufgf k|dfl0ft x'g] sfuhft
u}/cfjf;Lo g]kfnL gful/ssf] vftf
(1)
k'/f gfd, y/, 7]ufgf
(2) afa' / afh]sf] gfd
(3)
>Ldfg\>LdtLsf] gfd
(4) cfo ;|f]t v'Ng] sfuhftx?
(5) g]kfn ;/sf/sf] ;DalGwt lgsfoaf6 hf/L u}/cfjf;Lo g]kfnL kl/ro kqsf] 5lalrq
(6)
kf;kf]6{sf] k|dfl0ft 5lalrq
(7) g]kfnsf] k'/f 7]ufgf jf ;Dks{ :yfg
(12)
(13)
(14)
-6_
-7_
gf]6M
-!_ ;DalGwt ;+:yfn] cfjZos 7fg]df lgj]bs jf u|fxssf] cGt/jftf{ ;d]t lng ;Sg]5 .
-@_ s'g} u|fxssf] vftfsf] lxtflwsf/L csf]{ JolQmkmd{sDkgL;+:yf x'g] ePdf ;f] ;DaGwL ljj/0f ;d]t
v'nfpg nufpg' kg]{5 .
-#_ g]kfn ;/sf/ jf g]kfn ;/sf/ cGtu{tsf sfof{no jf lgsfox?, ljz]if P]g cGtu{t :yflkt lgsfo, g]kfn
;/sf/sf] :jfldTjdf /x]sf ;+ul7t ;+:yf, g]kfn /fi6 a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?,
;+o'Qm /fi6 ;+3 ;f] cGtu{tsf sfof{no tyf ljlzli6s[t lgsfo Pjd\ cGt/f{li6o ;+:yfx? / ljb]zL
/fhb"tfjf;x?sf] xsdf vftf ;~rfnsx?sf] dfq JolQmut ljj/0f k]z ug{ nufO{ vftf vf]Ng ;lsg] 5 .
287
cg';"rL !(=! -s_

;/nLs[t u|fxs klxrfg ;DaGwL Joj:yf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] u|fxssf] vftf vf]Nbf cfk"m;Fu /x]sf] s'g} Ps jf ;a} vftfdf ;d]t u/L
jflif{s % nfv jf ;f] eGbf sd lgIf]k df}Hbft hDdf jf sf/f]jf/sf] 3f]if0ff ug]{ ;fgf artstf{ g]kfnL gful/ssf]
xsdf b]xfoadf]lhdsf] ljj/0f lnO{ vftf vf]lnlbg' kg]{5 .
-!_ gfd, y/M ================================================
xfn;fn}
lvlrPsf]
kf;kf]6{
;fOhsf]
kmf]6f]
NAME (In Capital Letters)

-@_ hGd ldlt M=============================================
-#_ gful/stf g+==================hf/L ug]{ lhNnf======================= hf/L ldlt====================
-clgjfo{_
jf
kl/rokq -vftfjfnn] kl/ro u/fPsf] g]kfnL gful/ssf] nflu dfq_
kl/rokqsf] lsl;d ==================================================
kl/rokq g+============================hf/L ug]{ lgsfo======================hf/L ldlt======================
$= :yfoL 7]ufgfM
lhNnf=============== d=pk d=g=kf=uf=lj=;================ j8f g+==== 6f]nufFp===========
-%_ xfnsf] 7]ufgfM
lhNnf=============== d=pk d=g=kf=uf=lj=;================ j8f g+==== 6f]nufFp============
-^_ ;~rf/ dfWod -ePdf dfq_ M
6]lnkmf]g g+==================df]jfOn g+========================================O{d]n===================================
-&_ lzIff M============================
-*_ afa'sf] gfdM========================
-(_ afh]sf] gfdM============================= -!)_ kltkTgLsf] gfdM=============================
-!!_ ;+nUg /x]sf] k]zfJoj;fosfd -h] 5 ;f]xL_ M ================================================
;+:yfsf] gfd, 7]ufgf / kb -ePdf dfq_M ==================================================
-!@_ cg'dflgt jflif{s cfDbfgLkfl/>lds M ?==============================
-!#_ cGo a}s ljQLo ;+:yfdf vftf eP gePsf] 3f]if0ff M ePsf]gePsf]
-!$_ ljutdf s'g} ck/fwdf bl08t eP gePsf] 3f]if0ff M ePsf]gePsf]
gf]6M
!= cfkm} kmf/fd eg{ g;Sg] u|fxssf] kmf/fd el/lbg] Joj:yf a}+sljQLo ;+:yfn] ug'{ kg]{5 .
@= gful/stf jf k|fKt sfuhftaf6 k|fKt x'g] ljj/0fx? a}+sljQLo ;+:yf cfkm}n] kmf/fddf el/lbg ;Sg]5 .
#= a}+sljQLo ;+:yfn] o; Joj:Yff cGtu{t vf]n]sf vftfsf] PsLs[t clen]v /fVg' kg]{5 .
$= a}+sljQLo ;+:yfn] kfFr nfv jf ;f] eGbf a9L lgIf]k jf sf/f]jf/ ePdf P]g lgb]{zg adf]lhdsf cGo cfjZos k|lqmof ;d]t
k'/f ug'{ kg]{5 .
288
cg';"rL !(=@
a}+s tyf ljQLo ;+:yfdf C0fsf] nflu lgj]bg lb+bf v'nfpg'kg]{ laa/0fsf] 9fFrf
ldltM ====================
-?= xhf/df_
C0f lnPsf] cGo a}+sljQLo ;+:yfsf] gfd
aSof}tf /sd -ldlt_
Dofb gf3]sf] 55}g
!=
======= a}+sljQLo ;+:yf
rfn' k'FhL shf{
cfjlws shf{
cGo shf{
u}/sf]ifdf cfwfl/t ;'ljwf
hDdf
@=
======= a}+sljQLo ;+:yf
rfn' k'FhL shf{
cfjlws shf{
cGo shf{
u}/sf]ifdf cfwfl/t ;'ljwf
hDdf
s'n hDdf
pko{'Qm adf]lhd dxfdLn] 3f]if0ff u/]sf] ljj/0f 7Ls 5 e'mf 7x/] sfg'g adf]lhd sf/jfxL ePdf d~h'/L 5 egL
;xL ug]{M
clwsf/ k|fKt clwsf/Lsf] b:tvtM
JolQmsf] gfdkmd{, sDkgL / ;+:yfsf] gfd / 5fkM
289
cg';"rL !(=#
Threshold Transaction Report (TTR) Form
for Banks and Financial Institutions
S.
N.
Name and address of

the person holding
account
(including
legal)
Branch
Date
of
Transaction
Nature of
Transaction
Account
Type and
No.
Amount
Involved
Source
of Fund
Remarks
Name of Reporting Institution:

Signature :
(Compliance Officer or Authorized Officer)
Name
Designation :
290
Phone
Email
Fax
Date
cg';"rL !(=$
Suspicious Transaction Report (STR) Form for Banks and Financial Institutions
A. Reporting Institution :
1. Name of the Institution/Branch:
B. Details of Customer :
1. 1. Name of the account holder/s/customer:
2.
Address:
3.
Profession(if applicable):
4.
Nationality(if applicable):
5.
Other account(s) number (if any):
6.
Other business (if nay):
7.
Father/Mothers name (if applicable):
8. Date of birth/establishment:
C. Account/Transaction Details :
1.
Account Number/Transaction:
2.
Nature of the account/transaction*:
(Current/savings/loan/other, pls. specify)
3.
Nature of ownership:
(Individual/proprietorship
/Partnership/company/other, pls. specify)
4.
Date of opening/transaction:
5.
Other account(s) number/transaction
(if any):
6.
Amount:
7.
Others:
*Cash/Transfer/Clearing/TT/etc. Add paper if necessary
291
D. Reasons for considering the transaction(s) as unusual/suspicious?

(Mention summary of suspicious and consequence of events)
a.
Identity of clients
b.
Activity in account
c.
Background of client
d.
Multiple accounts
e.
Nature of transaction
f.
Value of transaction
g.
Other reason (Pls. Specify)
E. Suspicious Activity Information
Summary characterization of suspicious activity:
a.
Corruption/Gratuity
e.
False statement
h.
Structuring
b.
Cheque fraud
f.
E
or wire frauds i.
(debit/credit or other
card)
Mysterious
Disappearance/behavior
c.
Tax evasion
g.
Identity Theft
j.
Counterfeit instrument
d.
Loan fraud
h.
Terrorist Financing
k.
Misuse of Position or Self
F. Has the suspicious transaction/activity had a material impact on or

otherwise affected the financial soundness of the Bank/FI?
Yes
G. Has the Bank/FI taken any action in this context? If yes, give details.
Signature (Compliance Officer or Authorized Officer) :

Name :
Phone :
Email:
Fax:
292
Date:
No
cg';"rL !(=%
Internal Record Form of STR Submission for Banks and Financial Institutions
Name of Reporting Institution:
S.N.
Name and address of

the person holding
account (including
legal)
Branch
Date of
Transaction
Nature of
Transaction
Amount
Reasons to be
suspicious
Signature
Remarks Signature
(Compliance Officer or Authorized Officer)

Name
Designation :
293
Phone
Email
Fax
Date
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= @))&@
;xfos sDkgL ;DaGwL Joj:yf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfx?n] ;xfos sDkgL vf]Ng] ;DaGwdf g]kfn /fi6
!=
3 ju{sf] n3'ljQ ;xfos sDkgL ;DaGwL Joj:yf

!=
Ohfhtkqk|fKt ;+:yfn] cfgf] :jfldTjdf Pp6f 5'} 3 ju{sf] n3'ljQ ljQLo ;+:yf vf]nL ;f]
;xfos sDkgL (Subsidiary Company) dfk{mt\ ljkGg ju{df shf{ k|jfx ug{ rfx]df b]xfosf gLltut
tyf k|lqmofut Joj:yfx?sf] clwgdf /xL ug{ ;Sg] 5g\ .
!=!= ;xfos sDkgLsf ?kdf :yflkt eO{ n3'ljQ sf/f]af/ ug]{ 3 ju{sf] ljQLo ;+:yfsf] xsdf
Psf3/ kl/jf/, kmd{, sDkgL jf ;l7t ;+:yf jf Ps} ;d'xsf sDkgLsf] ;]o/ nufgLsf]
clwstd xb r'Qmf k'FhLsf] @% k|ltztdf 5'6 lbOg] gLlt cg'?k Ohfhtkqk|fKt s jf v
jf u ju{sf ;+:yfsf] ;xfos sDkgL -3 ju{sf] n3'ljQ ;+:yf_ df ;+:yfks ;]o/ :jfldTj
r'Qmf k'FhLsf] Go'gtd %! k|ltzt tyf clwstd &) k|ltzt;Dd /xg ;Sg]5 .
!=@= d'Vo sDkgLn] cfgf] ljQLo ljj/0f k]z ubf{ ;xfos sDkgLsf] ljQLo ljj/0fx? klg PsLs[t
(Consolidated) ?kdf k]z ug'{ kg]{5 . ;f] k|of]hgfy{ n]vf gLlt / ljQLo ljj/0f O=k|f=lgb]{zg
g+=$ sf] ;DalGwt yk cg';"rLdf tf]lsP adf]lhd k]z ug'{ kg]{5 . ;fy}, ;xfos sDkgLsf] n]vf
gLlt, ;'rgf k|ljlw tyf cGo gLltk|0ffnLx? (Policies, Procedures and Systems) d'Vo
sDkgL;Fu ;fd~h:otf sfod x'g] u/L Joj:yf ug'{ kg]{5 .
!=#= Ohfhtkqk|fKt s, v / u ju{sf ;+:yfn] cfgf] tyf ;xfos sDkgLsf] k'FhL kof{Kttf
;DaGwL u0fgf 5'f5'} ?kdf / PsLs[t -Consolidated_ ?kdf ug'{ kg]{5 . PsLs[t
-Consolidated_ ?kdf u0fgf ul/g] k'FhLsf]if ;DalGwt ju{sf ljQLo ;+:yfnfO{ tf]s] adf]lhdsf]
-s, v, u / 3 ju{sf] nflu qmdzM !), !!, !! / * k|ltzt_ dfkb08 Pjd\ lgb]{zg
k'/f ug'{ kg]{5 .
!=$= d'Vo tyf ;xfos sDkgLaLr x'g] sf/f]af/ k|lt:kwf{Tds ahf/ d'No (Arm's Length
Transaction) df cfwfl/t x'g' kg]{5 . d'Vo tyf ;xfos sDkgLaLr x'g] sf/f]af/df kf/blz{tf
sfod /fVg oL sDkgLx?aLr x'g] sf/f]af/df ljQLo :jfy{ /xg] x'Fbf To:tf] sf/f]af/ (Related
Party Transactions) nfO{ b'j} sDkgLn] ;DalGwt kIfaLr x'g] sf/f]af/ (Related Party
Transactions) zLif{s cGt{ut v'nfpg' -Disclose_ kg]{5 .
!=%= To:tf sf/f]af/ eP kl5 lgoldt?kdf k|sflzt ug'{ kg]{ ljQLo ljj/0fdf ;f] sf/f]af/af/] lj:t[t
hfgsf/L k|bfg ug'{ kg]{5 . k|lt:kwf{Tds ahf/ d"Nodf sf/f]af/ gu/]df /jf To:tf
sf/f]af/af/] lj:t[t ljj/0f lgb]{zgfg';f/ k|sflzt gu/]df g]kfn /fi6 a}+s P]g, @)%* sf]
kl/R5]b !! adf]lhd hl/jfgf;hfoF x'g]5 .
!=^= zfvfsfof{no :yfkgf tyf ;~rfngsf ;DaGwdf o; a}+saf6 hf/L lgb]{zg g+= !$ adf]lhd
s, v / u ju{sf ljQLo ;+:yfn] ug'{ kg]{ b]xfosf Joj:yfx? ;xfos sDkgL :yfkgf ug]{
k|of]hgfy{ klg nfu" x'g]5 .
-s_ o; a}+ssf] gLltut Joj:yf tyf lgb]{zgn] tf]s]sf] Go'gtd r'Qmf k'FhL k'/f u/]sf] .
-v_ 7Ls cl3Nnf] dlxgfsf] ljQLo ljj/0fdf o; a}+sn] tf]s]sf] k'FhLsf]if k'/f u/]sf] .
294
@=
#=
$=
%=
^=
&=
@=
-u_ 7Ls cl3Nnf] qodf;df lgliqmo shf{ % k|ltzteGbf a9L gePsf] .

n3'ljQ sf/f]af/ ug]{ Ohfhtkqk|fKt 3 ju{sf] ljQLo ;+:yf -;xfos sDkgL_ n] ljBdfg Joj:yf
adf]lhd sDtLdf #) k|ltzt ;]o/ ;j{;fwf/0fsf] nflu laqmL ug'{ kg]{5 .
n3'ljQ sf/f]af/ ug]{ ;xfos sDkgL 3 ju{sf] ljQLo ;+:yfsf] ?kdf /xg] x'gfn] Ohfhtkqk|fKt
s, v / u ju{sf a}+s tyf ljQLo ;+:yfn] 3 ju{sf] ljQLo ;+:yf -;xfos sDkgL_ df u/]sf]
;+:yfks ;]o/ nufgL tyf shf{ k|jfxnfO{ o; a}+ssf] lgb]{zg adf]lhd ljkGg ju{ shf{ cGtu{t
u0fgf ul/g] 5 .
Ohfhtkqk|fKt o:tf] 3 ju{sf] ljQLo ;+:yfdf u/]sf] ;]o/ nufgL /sdnfO{ k|fylds k'FhLaf6 36fO{
k'FhLsf]if sfod ug'{ kg]{] ljBdfg k|fjwfgnfO{ ljkGg ju{df x'g] nufgLnfO{ k|f]T;flxt ug{ o; k|of]hgfy{
5'6 lbOg] 5 . ;fy}, ;xfos sDkgLsf ?kdf :yflkt eO{ n3'ljQ sf/f]af/ ug]{ 3 ju{sf] ljQLo
;+:yfdf nufgL eO{ ljQLo :jfy{ :yflkt ePsf] v08df ;d]t ljQLo :jfy{ ePsf] ;+ul7t ;+:yfx?df
ul/Psf] ;]o/ nufgL /sdnfO{ k|fylds k'FhLaf6 36fpg' kg]{ ljBdfg k|fjwfgnfO{ klg 5'6 lbOg] 5 .
n3'ljQ sf/f]af/ ug]{ 3 ju{sf] ljQLo ;+:yfsf] xsdf Psf3/ kl/jf/, kmd{, sDkgL jf ;l7t ;+:yf
jf Ps} ;d'xsf sDkgLsf] ;]o/ nufgLsf] clwstd xb r'Qmf k'FhLsf] @% k|ltzt;Dd x'g;Sg] ljBdfg
Joj:yf /x]sf]df o;/L ;xfos sDkgL :yfkgf ug{ Ohfhtkqk|fKt -s, v / u ju{sf_ a}+s
tyf ljQLo ;+:yfaf6 cg'/f]w eO{ cfPdf To:tf] ;]o/ nufgLsf] ;Ldfdf 5'6 lbO{g] 5 .
3 ju{sf] n3'ljQ sf/f]af/ ug{ Ohfhtkqsf] nflu k|:tfljt o:tf] ;xfos sDkgL o; a}+saf6
Ohfhtkqk|fKt 3 ju{sf] 5'6\6} ljQLo ;+:yf -Separate Entity_ sf] ?kdf /xg] x'gfn] To:tf] ljQLo
;+:yfsf] lgodg, lg/LIf0f, ;'kl/j]If0f / cGo Joj:yfx? a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^#
tyf ljBdfg cGo Joj:yf cg'?k g} x'g]5 .
ljQLo ;]jfsf] kx'Fr sd /x]sf dgf, x'Dnf, 8f]Nkf, sflnsf]6, d'u', hfh/sf]6, aemf, afh'/f / bfr'{nf
u/L ( lhNnfdf k|wfg sfof{no /fvL pko{'Qm lhNnf ;lxt cGo lhNnfx?df ;d]t ljQLo sf/f]af/
;~rfng ug]{ u/L afx]s 3 ju{sf] ;xfos sDkgL vf]Ng Ohfhtkq lbg] sfo{ :ylut ul/Psf] 5 .
dr]{G6 a}+ls ;DaGwL sfo{ ug{] ;xfos sDkgL :yfkgf ;DaGwL Joj:yf
Ohfhtkqk|fKt s, v / u ju{sf a}+s tyf ljQLo ;+:yfx?n] cfgf] :jk'FhL -Equity) nufgL u/]/ 5'}
;xfos sDkgL dfkm{t g]kfn lwtf]kq af]8{af6 cg'dlt lnO{ nufgL ;DaGwL ljBdfg gLltut Joj:yf tyf
cGo k|rlnt sfg'gL Joj:yfsf] clwgdf /xL dr]{G6 a}+ls ;DaGwL sfo{ ug{ sDtLdf %! k|ltzt :jfldTj x'g]
;xfos sDkgL (Subsidiary Company) df nufgL u/L ;~rfng ug{ ;Sg] Joj:yfsf ;DaGwdf b]xfo
adf]lhdsf] gLltut Joj:yf sfod ul/Psf] 5 .
-!_ dr]{06 a}ls ;DaGwL sfo{ ug]{ 5'} ;xfos sDkgLdf nufgL ubf{ Ohfhtkqk|fKt s, v / u
ju{sf a}+s tyf ljQLo ;+:yfsf] ljQLo :jfy{ :yflkt x'g] ePsf]n] pQm ;xfos sDkgLdf ul/Psf] s'n
nufgL /sdnfO{ k'FhLsf]if u0fgf ubf{ k|fylds k'FhLaf6 36fO{ k'FhLsf]if sfod ug'{ kg]{]5 .
-@_ O=k|f= lgb]{zg g+= * df ePsf cGo Joj:yfnfO{ oyfjt sfod /fvL] o;}u/L Ohfhtkqk|fKt ;+:yfn]
;+ul7t ;+:yfx?sf] ;]o/ tyf l8a]~r/df nufgL ubf{ nufgL x'g] ;+:yfsf] r'Qmf k'FhLsf] !) k|ltztdf
ggfg] u/L dfq nufgL ug'{ kg]{5 . eGg] Joj:yf o; k|of]hgsf nflu 5'6 k|bfg ul/Psf] 5 .
-#_ ;xfos sDkgLsf] lgodg, lg/LIf0f, ;'kl/j]If0f / cGo Joj:yfx? g]kfn lwtf]kq af]8{n] to u/]sf] gLlt
lgb]{zg tyf ljBdfg cGo Joj:yf cg'?k x'g]5 . o; Joj:yfaf6 pQm ;xfos sDkgLdf g]kfn /fi6
a}+ssf] tkm{af6 cfjZostf cg';f/ lg/LIf0f;'kl/j]If0f ug{ afwf k'u]sf] dflgg] 5}g .
-$_ o; a}+saf6 Ohfhtkqk|fKt d'Vo sDkgLn] cfgf] ljQLo ljj/0f k]z ubf{ ;xfos sDkgLsf] ljQLo
ljj/0fx? ;d]t PsLs[t?kdf k]z ug'{ kg]{5 . ;f] k|of]hgfy{ n]vf gLlt / ljQLo ljj/0f O=k|f=lgb]{zg
g+=$ sf] ;DalGwt yk cg';"rLdf tf]lsP adf]lhd k]z ug'{ kg]{5 . ;fy}, ;xfos sDkgLsf] n]vf gLlt,
;'rgf k|ljlw tyf cGo gLltk|0ffnLx? -Policies, Procedures and Systems) d'Vo sDkgL;Fu
;fd~h:otf sfod x'g] u/L Joj:yf ug'{ kg]{5 .
-%_ d'Vo tyf ;xfos sDkgLaLr x'g] sf/f]af/df kf/blz{tf sfod /fVg oL sDkgLx?aLr x'g] sf/f]af/df
ljQLo :jfy{ /xg] x'Fbf To:tf] sf/f]af/ -Related Party Transactions_ nfO{ b'j} sDkgLn] ;DalGwt
kIfaLr x'g] sf/f]af/ -Related Party Transactions_ zLif{s cGt{ut v'nfpg' -Disclose_ kg]{5 .
295
-^_
#=
To:tf] sf/f]af/ ePkl5 lgoldt?kdf k|sflzt ug'{ kg]{ ljQLo ljj/0fdf ;f] sf/f]af/af/] lj:t[t hfgsf/L
k|bfg ug'{ kg]{5 . k|lt:kwf{Tds ahf/ d"Nodf sf/f]af/ gu/]df /jf To:tf] sf/f]af/ af/] lj:t[t ljj/0f
lgb]{zgfg';f/ k|sflzt gu/]df g]kfn /fi6 a}+s P]g, @)%* sf] kl/R5]b !! adf]lhd h'g;'s}
hl/jfgf;hfoF x'g ;Sg]5 .
-&_ ;xfos sDkgLn] b]xfosf sfo{ ug{ ;Sg] 5}gg\ M
-s_ lwtf]kq bnfnL ;DaGwL Joj;fo,
-v_ ;DalGwt ;xfos sDkgL cfkm"n] hf/L u/]sf] jf d'Vo sDkgLn] hf/L u/]sf] lwtf]kqsf] Jofkf/ .
-*_ ;xfos sDkgLn] ljQLo ;|f]t ;+sng ug]{ k|of]hgn] bfloTj:j?k lgisfzg ug]{ s'g} klg ;'/If0fkqx?df
d'Vo sDkgL -Parent Company_ n] nufgL ug{ gkfpg] / ;f] ;'/If0fkqsf] lwtf]df shf{ k|jfx ;d]t
ug{ kfpg] 5}g .
-(_ Ohfhtkqk|fKt ;+:yfn] ;~rfngdf /x]sf] dr]{G6 a}+ls ;DaGwL sfo{ ug]{ s'g} sDkgLsf] ;]o/df
nufgLvl/b u/L ;xfos sDkgL agfpg] ;DaGwdf b]xfosf yk Joj:yfx? ul/Psf] 5M
-s_ ;~rfngdf /x]sf] dr]{G6 a}+ls ;DaGwL sfo{ ug]{ s'g} sDkgLsf] ;]o/df nufgLvl/b u/L ;xfos
sDkgL agfpg o; a}+ssf] :jLs[lt lng' kg]{5 .
-v_ o; a}+ssf] :jLs[ltsf] nflu lgj]bg lbFbf b]xfosf] sfuhft ;lxt k]z ug'{ kg]{5 .
-c_ ;xfos sDkgL aGg]agfpg] ;DaGwdf ePsf] b'a} ;+:yfsf] lg0f{o,
-cf_ s'g} ;dembf/Lkq -Pd=cf]=o"_ eP To:tf] ;dembf/Lkq,
-O_ k|:tfljt ;xfos sDkgLsf] rn crn ;DklQ tyf bfloTjsf] kl5Nnf] oyfy{ ljj/0fsf]
d"Nofgk|ltj]bg,
-O{_ nufgL /sd lgwf{/0f ;DaGwL cfwf/ tyf ;f] ;DaGwL lg0f{osf] k|ltlnkL, /
-p_ kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] jf;nft, gfkmfgf]S;fg lx;fj, gub k|jfx ljj/0f
nufotsf ljQLo ljj/0f .
vf/]hL / jrfpm
-!_ o; a}+saf6 o;cl3 hf/L ul/Psf b]xfosf lgb]{zgx? vf/]h ul/Psf]5 M
PsLs[t lgb]{zg, @)&! sf]] ;xfos sDkgL ;DaGwL Joj:yf O=k|f= lgb]{zg g+= @))&! af6 hf/L
;Dk"0f{ kl/kqx? .
296
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= @!)&@
On]S^f]lgs dfWodaf^ x"g] a}ls -O{a}ls_ ;]jf ;DaGwdf .
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfx?n] b]xfosf] Joj:yf kfngf u/L On]S6f]lgs

dfWodaf6 x'g] a}+ls -O{a}ls_ ;]jfx? k|bfg ug{u/fpg x'g g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf]
clwsf/ k|of]u u/L of] lgb]{zg hf/L ul/Psf]5 .
!= zfvf/lxt a}+ls+ ;]jf -Branchless Banking_ ;DaGwdf
-!_ o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o; a}+ssf] :jLs[lt lnO{ cfkmgf] ;+:yfdf vftf
ePsf u|fxsx?nfO{ cfk"m jf cfk"mf/f lgo'Qm Jofj;flos cflwsfl/s k|ltlglw-Ph]G6_sf] ;xfotfn]
Point of Transaction d]zLgsf] dfWodaf6 Smart Card/Magnetic Card k|of]u u/L b]xfo adf]lhdsf
zfvf/lxt a}ls ;]jfx? k|bfg ug{ ;Sg] 5g\M
-s_ vftfdf gub hDdf ug]{, e'QmfgL k|bfg ug]{ / /sdfGt/ ug{] .
-v_ u|fxssf] vftfsf] df}Hbft jf sf/f]af/ ljj/0f -:6]6d]06_ k|bfg ug{] .
-u_ :jLs[t shf{ /sd e'QmfgL lbg] tyf ls:tf /sd hDdf ug]{ .
-@_ zfvf/lxt a}ls ;]jf ;~rfng ug]{ ePdf ;~rfns ;ldltaf6 ;f] ;DaGwL gLltut Joj:yf kfl/t
u/L k|lqmofut Joj:yf ;d]t u/]sf] x'g' kg]{5 .
-#_ zfvf/lxt a}ls ;]jf ;~rfng ug]{ :jLs[ltsf] nflu o; a}+s ;dIf cfj]bg ubf{ ;~rfns ;ldltsf]
lg0f{o ;lxt b]xfosf sfuhftx? ;+nUg u/]sf] x'g' kg]{5M
-s_ k|fljlws k"jf{wf/ -Hardware, Software, Data Communication/Transmission Mechanism)
;DaGwL ljj/0f,
-v_ k|ltlglwdfkm{t ;~rfng ug]{ ePdf To:tf] k|ltlglw 5gf}6sf cfwf/x?, 5gf}6 ul/Psf]
k|ltlglw;Fu x'g] ;Demf}tfkq tyf pQm k|ltlglwnfO{ lbOg] tflnd cflb ;DaGwL ePsf] Joj:yf,
-u_ zfvf/lxt a}ls ;]jf ;~rfng ug]{ :yfgsf] ;'/Iff / gubsf] aLdf ;DaGwdf ePsf Joj:yfx?,
-3_ ljBdfg ;+rf/ ;fwg (PSTN, Cellular Communications) sf Industry Standard Security
Features,
-_ zfvf/lxt a}ls ;]jf ;~rfngsf] sfo{If]q / ;DalGwt zfvfx?sf] ljj/0f,

-r_ e'QmfgL ;DaGwL pTkGg ljjfb ;dfwfg ug]{ ;DaGwL k|fjwfg, lhDd]jf/L tyf Ifltk"lt{ ;DaGwL
Joj:yfx?, /
-5_ ;DklQ z'4Ls/0f tyf cft+ssf/L ultljlwdf ljQLo nufgL lgoGq0fsf] nflu ckgfOg]
Joj:yfx? .
-$_ a}+s tyf ljQLo ;+:yfn] cfk"m jf cfk"mf/f lgo'Qm Jofj;flos cflwsfl/s k|ltlglw-Ph]G6_ dfkm{t
;d]t zfvf/lxt a}+ls ;]jf ;~rfng ug{ ;Sg] 5g\ . Ph]G6dfkm{t To:tf] ;]jf ;~rfng ug]{ ePdf
k|ltlglw 5gf}6sf] nflu k|ltlglwsf] ;Ifdtf k/LIf0f u/L lkIfaLr a'Fbf g+= & sf] clwgdf /xL
;Demf}tf ePsf] x'g' kg]{ 5 .
-%_ Zffvf/lxt a}+ls ;]jf ;~rfngsf] :jLs[lt k|bfg ubf{ b]xfosf zt{x? tf]Sg ;lsg] 5M
297
@=
-s_ zfvf/lxt a}ls ;]jf ;~rfngsf] :jLs[lt k|fKt u/]sf ldltn] ^ dlxgfleq tf]lsP adf]lhdsf]
;]jf ;~rfng ul/;Sg' kg]{5 . o:tf] sf/f]af/ ;~rfng u/]kl5 ;f]sf] hfgsf/L o; ljefu /
;DalGwt ;'kl/j]If0f ljefunfO{ lbg' kg]{5 . sy+sbflrt tf]lsPsf] ;dofjlwleq To:tf] ;]jf
;~rfng ug{ g;s]df o; a}+saf6 k|bfg ul/Psf] :jLs[lt :jtM /2 ePsf] dflgg] 5 .
-v_ dxfgu/kflnsfpkdxfgu/kflnsfgu/kflnsf afx]ssf If]qx?df dfq o:tf] ;]jf ;~rfng
ug{ :jLs[lt lbOg] 5 .
-u_ zfvf/lxt a}ls ;]jf pkef]u ug{ OR5's u|fxs;Fu a}+s tyf ljQLo ;+:yfn] lnlvt cfj]bg
lng' kg]{5 .
-3_ u|fxsn] u/]sf] k|To]s sf/f]af/sf] c;/ oyflz3| u|fxssf] vftfdf b]lvg] u/L clen]v ;'/lIft
u/L /fVg] / sf/f]af/sf] uf]Kotf sfod x'g] Joj:yf ug{' kg{] 5 .
-_ zfvf/lxt a}+ls ;]jf ;DaGwL sf/f]af/ g]kfnL ?k}ofdf dfq ug'{ kg]{5 .
-r_ u|fxsnfO{ :ki6 / ;/n g]kfnL efiffdf ;]jf ;DaGwL cfjZos hfgsf/L k|bfg ug]{ Joj:yf ug'{
kg{] 5 .
-5_ sf/f]af/ ;DkGg u/]kl5 u|fxsn] :ki6 a'g] u/L ;f] sf] hfgsf/L k|bfg ug{] Joj:yf ldnfpg'
kg{] 5 .
-h_ o:tf] sf/f]af/ ;DaGwL hf]lvdsf] Joj:yfkg ug]{ bfloTj ;DalGwt a}+s tyf ljQLo ;+:yfsf]
x'g]5 .
-em_ k|rlnt sfg'g, ;DklQ z'4Ls/0f tyf cft+sjfbL sfo{df ljQLo nufgL lgjf/0f tyf o;
a}+saf6 hf/L lgb]{zgsf] clwgdf /xL zfvf/lxt a}ls ;]jf ;~rfng ug'{ kg]{5 .
-^_ a}+s tyf ljQLo ;+:yfn] zfvf/lxt a}ls ;]jf k|bfg ug'{k'j{ cfgf u|fxs;Fu a'Fbf g+= ^ sf] clwgdf
/xL ;Demf}tf ug'{ kg]{5 .
-&_ dfly h'g;'s} s'/f n]lvPsf] ePtf klg /fli6o:t/b]lv afx]ssf v / u ju{sf ljQLo ;+:yfnfO{
zfvf/lxt a}ls ;]jf ;~rfngsf] :jLs[lt k|bfg ubf{ a}+sn] cGo zt{x? ;d]t yk ug{ ;Sg] 5 .
df]afOn a}+ls ;]jf ;DaGwdf
-!_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] o; a}+ssf] :jLs[lt lnO{ cfk\mgf u|fxsx?nfO{ tf]lsPsf
zt{x?sf] clwgdf /xg] u/L b]xfo adf]lhdsf df]jfOn a}ls ;]jf k|bfg ug{ ;Sg]5g\ M
-s_ u|fxssf] vftfdf /x]sf] df}Hbftsf] hfgsf/L k|bfg ug{] .
-v_ u|fxssf] cfb]z adf]lhd t];|f] kIfsf] vftfdf /sdfGt/ ug]{ .
-u_
-3_
-_
-r_
sf/f]af/ ;DkGg ePkl5 SMS dfkm{t ;ts{tf ;Gb]z -SMS Alert) k|bfg ug{] .
u|fxssf] vftfsf] sf/f]af/ ljj/0f -:6]6d]G6_ k|bfg ug{] .
r]sa'ssf] lgldQ cg'/f]w :jLsf/ ug{] .
u|fxs;Fu ePsf] lnlvt ;Demf}tf jf u|fxssf] cfb]z cg';f/ j:t' vl/b jf ;]jf pkef]u u/]
jfktsf] /sd e'QmfgL ug]{ .
-@_ a}+s tyf ljQLo ;+:yfn] df]jfOn a}+ls sf/f]af/ ;~rfng ug'{k'j{ ;~rfns ;ldltaf6 o; ;DaGwL
gLltut Joj:yf kfl/t u/L k|lqmofut Joj:yf ;d]t u/]sf] x'g' kg]{5 .
-#_ of] lgb]{zg hf/L x'g'cl3 g} o; ;DaGwL sf/f]af/ ;~rfng ul//x]sf a}+s tyf ljQLo ;+:yfx?n] of]
lgb]{zg hf/L ePsf] tLg dlxgfleq o; lgb{]zg adflhdsf] :jLs[lt lng' kg]{5 .
-$_ a}+s tyf ljQLo ;+:yfn] sf/f]af/df lglxt hf]lvdsf] d"Nofg u/L sf/f]af/sf] ;Ldf lgwf{/0f ug'{ kg]{5
/ ;f]sf] hfgsf/L o; a}+snfO{ lbg' kg]{5 .
-%_ cflwsfl/s k|ltlglw dfkm{t\ x'g] ;]jfsf] ;DaGwdfM
-s_ a}+s tyf ljQLo ;+:yfn] lgo'Qm u/]sf] Jofj;flos cflwsfl/s k|ltlglwdfkm{t cfgf u|fxsx?sf]
nflu df]jfOn kmf]gsf] dfWodaf6 gub hDdf tyf e'QmfgLsf] ;]jf k|bfg ug{ ;Sg] 5g\ .
298
#=
$=
-v_ v08 -s_ adf]lhd x'g] sf/f]af/sf] clen]v sf/f]af/ ;DkGg x'g] ljlQs} -Real Time effect) sf
cfwf/df a}+s tyf ljQLo ;+:yfdf /x]sf] ;DalGwt u|fxssf] vftfdf k|lji6 x'g] Joj:yf u/]sf]
x'g' kg]{5 .
-u_ Jofj;flos cflwsfl/s k|ltlglwdfkm{t\ ;]jf k|bfg ubf{ pTkGg x'g ;Sg] ;Dk"0f{ hf]lvdsf]
clGtd bfloTj ;DalGwt a}+s tyf ljQLo ;+:yfsf] x'g]5 .
-3_ a}+s tyf ljQLo ;+:yfn] k|ltlglwdfkm{t\ ;]jf ;~rfng ug]{ :yfgx?sf] cfk;L b'/L sfod /fVg]
;DaGwL gLltut Joj:yf ;d]t kfl/t u/]sf] x'g'kg]{5 .
O{G6/g]6 a}+ls ;]jf ;DaGwdf
-!_ o; a}+saf6 Ohfhtkqk|fKt ;+:yfx?n] cfgf] ;+:yfdf vftf ePsf u|fxsnfO{ tf]lsPsf zt{x?sf]
clwgdf /xL OG6/g]6sf] dfWodaf6 b]xfosf ;]jfx? k|bfg ug{ ;Sg] 5g\M
-s_ u|fxssf] vftfdf /x]sf] df}Hbft, a}+s :6]6d]G6 k|fKt ug]{u/fpg] .
-v_ r]sa's hf/L ug{ cfb]z lbg], vftf /f]Ssf /fVg], kf;j8{ kl/jt{g ug]{ h:tf cfb]z adf]lhdsf
;]jfx? k|bfg ug]{ .
-u_ a}+s tyf ljQLo ;+:yfaf6 cfjZos ;'rgf jf hfgsf/Lx? k|fKt ug]{u/fpg] .
-3_ u|fxssf] cfb]z cg';f/ cfgf] u|fxssf] vftfdf /sd hDdf ug]{ jf 6fG;km/ ug{]{u/fpg] .
-_ u|fxs;Fu ePsf] ;Demf}tf jf cfb]z cg';f/ j:t' vl/b jf ;]jf pkef]u u/] jfktsf] /sd
e'QmfgL ug]{u/fpg] .
-@_ a}+s tyf ljQLo ;+:yfn] OG6/g]6 a}+ls ;]jf ;~rfng ug'{k'j{ ;~rfns ;ldltaf6 o; ;DaGwL
gLltut Joj:yf kfl/t u/L k|lqmofut Joj:yf ;d]t u/]sf] x'g' kg]{5 . o;sf] hfgsf/L o; a}+ssf]
a}+s tyf ljQLo ;+:yf lgodg ljefunfO{ u/fpg' kg]{5 . of] lgb]{zg hf/L x'g' k'j{ o; lsl;dsf] ;]jf
;~rfng ul/;s]sf a}+s tyf ljQLo ;+:yfn] To:tf] gLltut tyf k|lqmofut Joj:yf ;lxt b'O{
dlxgfleq ;f]sf] hfgsf/L o; a}+snfO{ u/fpg' kg]{5 .
-#_ OG6/g]6sf] dfWodaf6 x'g] ;a} lsl;dsf] a}+ls sf/]fj/ g]kfnL ?k}ofdf dfq ug{ kfOg] 5 . t/ ljb]zL
d'b|fdf vftf ePsf u|fxsnfO{ hfgsf/Ld"ns ;]jf lbg / g]kfnL ?k}ofdf /sdfGt/ ug{ o; Joj:yfn]
afwf k'ofPsf] dflgg] 5}g .
O{sf8{ sf/f]af/ ;]jf ;DaGwdf
Ohfhtkqk|fKt ;+:yfn] u|fxs;Fu ;Demf}tf u/L u|fxssf] cfb]zfg';f/ /sd e'QmfgL ug]{, hDdf ug]{ tyf
/sdfGt/ ug]{, sf/f]af/ ljj/0f k|fKt ug]{, cGo cfjZos ;'rgf tyf hfgsf/Lx? k|fKt ug]{, a:t' vl/b tyf
;]jf pkef]u u/] jfktsf] /sd e'QmfgL ug{] k|of]hgsf] nflu b]xfosf zt{ tyf k|lqmofsf] clwgdf /xL cfgf
u|fxssf] gfddf 8]lj6 sf8{lk|k]8 sf8{qm]l86 sf8{ hf/L ug{ ;Sg]5g\M
-s_ a}+s tyf ljQLo ;+:yfn] sf8{sf] dfWodaf6 sf/f]af/ ;~rfng ug]{ ePdf ;~rfns ;ldltaf6 ;f]
;DaGwL gLltut Joj:yf kfl/t u/L k|lqmofut Joj:yf u/]sf] x'g' kg]{5 . ;f] ;DaGwL hfgsf/L o;
a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu / ;DalGwt ;'kl/j]If0f ljefunfO{ u/fpg' kg]{5 .
-v_ of] lgb]{zg hf/L x'g'k'j{ o; lsl;dsf] ;]jf ;~rfng ul/;s]sf a}+s tyf ljQLo ;+:yfx?n] To:tf]
gLltut tyf k|lqmofut Joj:yf;lxt sf/f]af/ ;~rfngsf] hfgsf/L b'O{ dlxgfleq o; a}+snfO{
u/fpg' kg]{5 .
-u_ sf/f]af/ ;~rfng ubf{ pTkGg x'g] hf]lvd / ;f]sf] Joj:yfkg, u|fxs;Fusf] ;Demf}tf, ;DklQ z'4Ls/0f
tyf cft+sjfbL sfo{df ljQLo nufgL lgjf/0f ;DaGwL hf/L lgb]{zgsf] kl/kfngf x'g] Joj:yf
;DalGwt Ohfhtkqk|fKt ;+:yfn] ldnfpg' kg]{5 .
-3_ o:tf] sf8{ ;DaGwL ;]jf ;~rfng ubf{ nfUg] ;a} lsl;dsf ;]jf z'Ns, Aofh tyf xhf{gf ;DaGwL
Joj:yfx? u|fxs;Fusf] ;Demf}tfkqdf pNn]v ug'{ kg]{ 5 .
299
%=
^=
a}+s tyf ljQLo ;+:yfsf] pQ/bfloTj / k|ltj4tf

o; lgb]{zgdf plNnlvt ;a} k|sf/sf On]S6f]lgs a}+ls sf/f]af/ ;~rfng ug]{ ;DaGwdf gLltut tyf
k|lqmofut Joj:yf tof/ ubf{ sf/f]af/ ;DaGwL pTkGg ljjfb tyf ;d:of ;dfwfgsf] clGtd pQ/bfloTj
;DalGwt a}+s tyf ljQLo ;+:yfsf] x'g]5 eGg] k|lta4tf ;lxt b]xfosf ljifo ;d]t :ki6 pNn]v ug'{' kg]{5
M
-s_ On]S6f]lgs a}+ls sf/f]af/ ;DaGwL ;]jf tyf z'Nssf] ;DaGwdf k|bfg u/]sf] cjf:tljs Pjd ck"0f{
hfgsf/Lsf sf/0f u|fxsn] a]xfg'{ kg{] gf]S;fgLsf] Ifltk"lt{ .
-v_ On]S6f]lgs a}+ls sf/f]af/sf] nflu k|of]u x'g] k|ljlw, sDKo'6/ g]6js{, sf8{ lgdf{tf, df]jfOn kmf]g
;~rfns, POS/POT d]lzg nufotaf6 pTkGg ;d:of / ;f]af6 u|fxsdf x'g hfg] Iflt .
-u_ ;DklQ z'4Ls/0f tyf cft+sjfbL s[ofsnfkdf nufgL lgjf/0f ;DaGwL o; a}+saf6 hf/L lgb]{zgsf]
kl/kfngf .
-3_ On]S6f]lgs a}+ls ;]jf lng] u|fxsnfO{ cflwsfl/s ?kdf dfGotf lbgsf nflu laleGg r/0fdf h:t}M
l;i6ddf kx'Fr, sf/f]af/, cfb]z, nufotsf ;]jfdf kx'Frsf nflu k'/f ug'{ kg{] k|lqmof .
-_ cgflws[t tyf u}/ sfg'gL ?kdf a}+s tyf ljQLo ;+:yfsf] klxrfg k|of]u u/L x'g] lqmofsnfk la?4
ul/g] sf/jfxL .
-r_ sf/f]af/sf] k|efjsfl/tf / cfGtl/s lgoGq0f k|0ffnLsf] ;Dk"0f{ lhDd]jf/L ;DalGwt a}+s jf ljQLo
;+:yfsf] x'g] ;DaGwL s'/f .
-5_ On]S6f]lgs a}ls ;DaGwL sf/f]af/df lglxt /0fgLlts hf]lvd, ;~rfng tyf sf/f]af/ hf]lvd,
Aoj;flos hf]lvd, k|fljlws hf]lvd, sfg'gL hf]lvd nufot ;a} k|sf/sf hf]lvd Joj:yfkg .
a}+sljQLo ;+:yf / u|fxs aLrsf] ;Demf}tf
o; lgb]{zgdf plNnlvt On]S6f]lgs a}+ls sf/f]af/ ug{] a}+s tyf ljQLo ;+:yfn] sDtLdf b]xfosf laifox?
:ki6 u/L u|fxs;Fu lnlvt ;Demf}tf ug'{ kg]{5 . u|fxsn] k]z u/]sf] cfj]bg kmf/fddf pNn]v ePsf] zt{ tyf
aGb]hnfO{ ;d]t u|fxs;Fu ;Demf}tf u/] ;/x dfGg ;lsg]5 .
-s_ ;Demf}tf ;lhn} a'lemg] u/L :ki6 / bf]xf]/f] cy{ gnfUg] u/L g]kfnL efiffdf n]lvPsf] x'g' kg{]5 . s'g}
u|fxsn] o:tf] ;Demf}tf c+u|]hL efiffdf ug{ rfx]df ;f] ug{ o; Joj:yfn] afwf k'ofPsf] dflgg] 5}g .
-v_ On]S6f]lgs a}ls ;]jf k|bfos a}+s tyf ljQLo ;+:yf / ;]jf k|bfg ug{] clVtof/ k|fKt clestf{ aLr
tyf ;]jf k|bfos / u|fxs aLrsf] sf/f]af/ jfkt nfUg] z'Ns ;DaGwL hfgsf/L u/fpg' kg]{5 .
-u_ u|fxsnfO{ s] slt ;do oL ;]jfx? pknAw x'g ;S5g\ eGg] Joxf]/fsf] ;fy} s'g} kl/l:yltj; ;]jf
k|bfg ug{ g;lsg] cj:yfdf ;f]sf] hfgsf/L k|bfg ug'{ kg{]5 .
-3_ s'g} klg sf/0fn] a}+sn] k|bfg u/]sf] ;]jfdf ;]jf k|bfos jf a}+s jf ljQLo ;+:yfsf] sdLsdhf]/L jf
uNtLsf sf/0f u|fxsnfO{ x'g] gf]S;fgL / ;]jf pkof]ustf{af6 ePsf sdLsdhf]/Laf6 ;]jf k|bfosnfO{
x'g hfg] gf]S;fgLsf] Ifltk"lt{ ;DaGwdf :ki6 pNn]v ug'{ kg]{5 .
-_ u|fxsn] ug{] sf/f]af/df lglxt hf]lvdnfO{ sd ug{ cfjZos pkfox? h:t}M j]j;fO{6sf] k|of]u,
POS/POT d]zLg, cfO{ l8, kf;j8{, kf;j8{ kl/jt{g nufotsf laz]iftf / ;'/Iffsf nflu cjnDag
ug'{ kg{] laz]if Joj:yfx? pNn]v x'g' kg]{5 .
-r_ u|fxssf] sf/f]af/ ;DaGwL uf]klgotf / a}+s tyf ljQLo ;+:yfleq ;fj{hlgs ug{ ;lsg] hfgsf/Lx?
pNn]v x'g' kg]{5 .
-5_ u|fxs;Fu ul/Psf] sf/f]af/sf] hfgsf/L jf ;'rgf k|rlnt sfg'g adf]lhd afx]s cGo t];|f] kIfnfO{
;fj{hlgs gul/g] k|lta4tf JoQm ePsf] x'g' kg]{5 .
-h _ u|fxsaf6 ;]jf ;DaGwdf cfPsf u'gf;f tyf ;d:ofx?nfO{ ;dfwfg ug{] k|lqmof / ;DalGwt
clwsf/Lsf] Joj:yf x'g' kg]{5 .
-em_ nfdf] ;do;Dd ;]jf glnPsf u|fxsx?sf] ;]jf lgliqmo x'g] jf gx'g] ;DaGwdf pNn]v x'g' kg]{5 .
300
-`_ u|fxsn] ;fj{hlgs sDKo'6/ jf cGt/fli6o g]6js{ k|of]u u/L sf/f]af/ ubf{ pTkGg x'g] hf]lvd ;DaGwL
s'/f :ki6 ?kdf pNn]v x'g' kg]{5 .
-6_ a}+s tyf ljQLo ;+:yf jf u|fxssf] tkm{af6 s'g} klg zt{ jf ;Demf}tfsf] pNn+3g x'g uPdf axg ug'{
kg{] bfloTj jf sf/afxL ;DaGwL Joj:yf :ki6 ?kdf pNn]v x'g' kg]{5 .
-7_ cGo cfjZos s'/fx? .
&= cflwsfl/s Jofj;flos k|ltlglw;Fusf] ;Demf}tf ;DaGwdf
o; lgb]{zgdf plNnlvt On]S6f]lgs a}ls ;]jf cfk"mf/f lgo'Qm cflwsfl/s Jofj;flos k|ltlglwdfkm{t
;~rfng ug{] k|of]hgsf] nflu ul/g] lkIfLo ;Demf}tfdf cGo ljifox?sf cltl/Qm b]xfosf ljifox?df :ki6
pNn]v x'g' kg]{5M
-s_ ;]jf k|bfos a}+s tyf ljQLo ;+:yf, cflwsfl/s Jofj;flos k|ltlglw / u|fxssf] If]qflwsf/, sfd,
st{Ao / pQ/bfloTj, cGo a}+s tyf ljQLo ;+:yfsf] k|ltlglw x'g kfpg]gkfpg] ljifo, u|fxsaf6
k|fKt z'Ns tyf cfosf] afF8kmfF8 .
-v_ a}s jf ljQLo ;+:yfn] cfkm" / Ph]06aLr s'g} klg cj/f]w ;[hgf eO{ clws hf]lvd pTkGg x'g]
cj:yfaf6 ;t{s /xg tof/ ul/Psf] cfsl:ds of]hgf .
-u_ u'gf;f] ;'g'jfO{, ljjfb ;dfwfg / e'QmfgL ;DaGwL ;d:of ;dfwfgsf] clGtd lhDd]jf/L .
-3_ sf/f]af/nfO{ ;'/lIft / e/kbf]{ agfpg] ljifo h:t} ;6j]o/, j]j;fO{6sf] ;'/Iff, u|fxssf] cfOl8 /
kf;j8{ tyf ;f]sf] kl/jt{g cflb .
-_ lgodgsf/L lgsfo jf tf]lsPsf] clwsf/Laf6 ul/g] lg/LIf0f tyf ;'kl/j]If0f cGtu{t cfjZos tYof+s
ljj/0f, ;'rgf tyf sfuhft pknAw u/fpg] ljifo .
-r_ ;Demf}tfsf] cjlw, ;Demf}tf gjLs/0f tyf ;Demf}tf ;+zf]wgsf Joj:yf .
*= k|ltlglw 5gf}6 ;DaGwL Joj:yf
a}+s tyf ljQLo ;+:yfn] o; lgb]{zgdf pNn]v eP adf]lhdsf sfo{x? cfk"mf/f lgo'Qm k|ltlglw dfkm{t
u/fpg] ePdf To:tf] k|ltlglw 5gf}6 ubf{ b]xfo adf]lhd ;Ifdtf k/LIf0f ug'{ kg{]5M
-s_ On]S6f]lgs a}ls sf/f]af/ ;DaGwL ;]jf ;~rfng ubf{ pTkGg x'g ;Sg] laleGg k|sf/sf hf]lvdnfO{
k"0f{ Joj:yfkg ug{ ;Ifd k|ltlglwsf] klxrfg ug{] ;+oGqsf] lasf; ug'{ kg{]5 . ;+efljt hf]lvdnfO{
sd ug{sf nflu k|efjsf/L / k|df0fof]Uo k|lqmof ;+:yf cfkm}n] canDag ug'{ kg{] 5 .
-v_ s'g} klg gofF k|ltlglw rog ug'{ cl3 Go'gtd cfwf/e"t dfkb08 tyf rog k|lqmof to ug'{ kg]{5 .
-u_ k|ltlglwsf] k|efjsf/L Joj:yfkgsf nflu ;DalGwt a}+s jf ljQLo ;+:yf4f/f lglZrt ;dosf]
cGt/fndf k|ltlglwsf] sfo{;Dkfbgsf] k/LIf0f ug{] Joj:yf ug'{ kg{] 5 . o;sf nflu clu|d ?kdf
r]tfjgLsf] k'j{;+s]t (Early Warning Signal) to u/L ;'wf/sf pkfox? cjnDag ug'{ kg{] 5 .
(= t];|f] kIf ;]jf k|bfossf] k|of]u
On]S6f]lgs a}ls sf/f]af/sf nflu cfjZos k|flalws ;]jf pkof]u ug{ o:tf] ;]jf k|bfg ug]{ t]:f|f] kIf;Fu
cnu} ;Demf}tf ug'{ kg{] 5 . o:tf] ;]jf k|bfg ug]{ l;nl;nfdf Operator nufot o; a}+sn]
Ohfhtkqcg'dltdq glbPsf cGo kIfx?sf] ;d]t o; a}+sn] lg/LIf0f tyf ;'kl/j]If0f ug{ ;Sg] Joj:yf
To:tf] ;Demf}tfdf v'nfpg' kg]{5 . t];|f] kIf rog ug'{ cl3 Go'gtd cfwf/e"t dfkb08 tyf rog k|lqmof
to ug'{ kg]{5 . k|fljlws ;]jf k|bfos;Fu ;Demf}tf ubf{ k|ljlwdf cfPsf] ;d:ofaf6 a}+sljQLo ;+:yf tyf
u|fxsnfO{ k'Ug hfg] Iflt / ;f]sf] Ifltk"lt{ ug{] Joj:yf nufot To:tf] sDkgLsf] sfd, st{Jo / clwsf/
;d]t :ki6 pNn]v ug'{ kg]{5 .
!)= ljj/0f k]z ug{]
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] g]=/f=a}+s lgb]{zg kmf=g+= (=!% adf]lhdsf] ljj/0f dfl;s ?kdf o;
a}+s ;dIf k]z ug'{kg]{5 .
301
!!= lgb]{zg kfngf gu/]df x'g] sf/jfxL

On]S6f]lgs a}ls ;DaGwL o; lgb]{zgsf] kfngf gu/L ;f] ;DaGwL s'g} sfd sf/f]af/ u/]df g]kfn /fi6 a}+s
P]g, @)%* adf]lhd sf/jfxL x'g]5 .
!@= vf/]hL / jrfpm
-!_ o;cl3 hf/L ul/Psf b]xfosf lgb]{zgx? vf/]h ul/Psf]5 M
PsLs[t lgb]{zg, @)&! sf]] O{a}ls ;]jf ;DaGwL Joj:yf O=k|f= lgb]{zg g+= @!)&! af6 hf/L
;Dk"0f{ kl/kqx? .
302
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= @@)&@
ljQLo u|fxs ;+/If)f tyf ljQLo ;fIf/tf ;DaGwL Joj:yf
dxfzo,
o; a}+saf6 Ohfhtkq k|fKt s, v / u ju{sf a}+s tyf ljQLo ;+:yfx?n] k|bfg ug]{ ;]jf jf/] ;j{;fwf/0fnfO{
yk ;';'lrt kfg{, ;f] ;]jf jfkt lnOg] z'Nsx? kf/bzL{ ?kdf lng] Joj:yf ug{ tyf a}+s tyf ljQLo ;+:yfx?
dfkm{t ljQLo ;fIf/tf clej[l4 ug{ cfjZos b]lvPsf] x'Fbf b]xfo adf]lhdsf] ljQLo u|fxs ;+/If0f tyf ljQLo
;fIf/tf ;DaGwL Joj:yf hf/L ul/Psf]n] ;f]xL adf]lhd ug{'u/fpg' x'g g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &(
n] lbPsf] clwsf/ k|of]u u/L b]xfosf] lgb]{zg hf/L ul/Psf] 5 M
1=
kf/bl{{z{tf ;DaGwL Joj:yf
Ohfhtkq k|fKt ;+:yfx?n] cfkm\gf u|fxsnfO{ k|bfg ug]{ ;]jf zt{;+u ;DalGwt ;a} k|sf/sf ljj/0f
;fj{hlgs ?kdf hfgsf/L u/fpg'kg]{5 . o:tf ljj/0fdf ljQLo ;]jf tyf pks/0fx?sf cltl/Qm ;f];Fu
;DalGwt z'Ns, sldzg, Jofhb/, hl/jfgf, xhf{gf nufotsf ;DaGwdf ckgfpg' kg]{ k|ls|of Pj+ zt{x?
;dfj]z u/]sf] x'g' kg]{5 . o; ;DaGwdf b]xfo adf]lhdsf] Joj:yf ul/Psf] 5 M
-s_ Ohfhtkq k|fKt ;+:yfn] cfkm'n] k|bfg ug]{ ljQLo ;]jf, ;a} k|sf/sf vftf Pj+ shf{ / ljQLo pks/0f
;DaGwL hfgsf/Lsf] ;+lIfKt ljj/0fk'l:tsf tof/ u/L u|fxs Pj+ ;j{;fwf/0fnfO{ pknAw x'g] Joj:yf
ldnfpg'' kg]{5 .
-v_ Ohfhtkq k|fKt ;+:yfx?n] b]xfo adf]lhdsf] ljj/0fx? v'Ng] u/L ;/n Pj+ :ki6 efiffdf lnlvt ?kdf
;j{;fwf/0fnfO{ hfgsf/L u/fpg' kg]{5 M
-u_
-3_
2=
;/n
-s_
ljleGg k|sf/sf vftf / ;f] ;DaGwL ljj/0f,

u|fxsnfO{ k|bfg ul/g] ljQLo ;]jfdf nfUg] z'Nssf cfwf/ / ;f] ;DaGwL ljj/0f,
a}+lsu sf/f]jf/sf nflu lgwf{l/t k|ls|of Pj+ sfo{ljwL,
vftf aGb ubf{ cjnDag ul/g] k|ls|of,
Jofhb/ u0fgf ug]{ ljlw,
clu|d e'QmfgL z'Ns,
C0fLn] ;dodf shf{ e'QmfgL gu/]df a}+sn] ug]{ sf/jfxL,
ljnDa z'Ns, hl/jfgf tyf xhf{gf,
ljleGg k|sf/sf ljB'tLo sf8{ ;~rfng ;DaGwL sfo{ljwL,
a}+ls+u sf/f]jf/df x'g ;Sg] ;hfo tyf hl/jfgf / u|fxsn] cjnDag ug'{kg]{ ;ts{tf ;DaGwL
Joj:yf .
cfkmgf] sf/f]jf/ ;DaGwL hfgsf/L u|fxsn] lgMz'Ns ?kdf lng ;Sg] Joj:yf ;DalGwt Ohfhtkq
k|fKt ;+:yfn] ldnfpg' kg]{5 .
Ohfhtkq k|fKt ;+:yfn] u|fxsx?;Fu lng] ljleGg z'Ns tyf Jofhb/ ;DaGwL ljj/0f O=k|f= lgb]{zg
!% adf]lhd o; a}+sdf k7fpg'sf ;fy} ;j{;fwf/0fsf] hfgsf/Lsf nflu cfkm\gf] j]a;fO6df ;d]t
k|sflzt ug{'kg]{ 5 .
efiffsf] k|of]u ;DaGwL Joj:yf
Ohfhtkq k|fKt ;+:yfn] cfkmgf u|fxsx?nfO{ pknAw u/fpg] ;]jf ;DaGwL hfgsf/L jf ;'rgfdf
k|of]u ug{] efiff ;/n / :ki6 x'g' kg]{5 .
303
3=
4=
5=
6=
7=
-v_ Ohfhtkq k|fKt ;+:yfn] cfkmgf u|fxs;Fusf] sf/f]jf/df k|of]u x'g] sfuhftx? g]kfnL efiffdf pknJw
x'g] Joj:yf ug'{kg]{5 . cfGtl/s tyf cGt/f{li6o sf/f]jf/df k|of]u x'g] sfuhftx? cFu|hL efiffdf
;d]t tof/ ug{ ;lsg]5 .
;'rgf ;DaGwL Joj:yf
-s_ Ohfhtkq k|fKt ;+:yfn] k|jfx ug]{ ;'rgf jf hfgsf/L;j{;fwf/0f u|fxsx?n] ;lhn} a'em\g] / k9\g
;Sg] x'g'kg]{5 .
-v_ ;j{;fwf/0fdf e|d l;h{gf x'g ;Sg] s'g} klg k|sf/sf] lj1fkg ug{ u/fpg kfOg] 5}g .
;/n a}ls+u ;DaGwL Joj:yf
Ho]i7 gful/s tyf zf/Ll/s ckftf ePsf -km/s lsl;dn] ;Ifd_ JolQmx?nfO{ ljz]if k|fyldstf lbO{ ;/n
a}+ls ;'ljwf pknAw u/fpg a}+s tyf ljQLo ;+:yfx?n] cfjZos Joj:yf ldnfpg' kg]{5 . To:tf
JolQmx?sf] nflu ;xh tyf ckfd}qL sfp06/sf] cfjZostf x'g] eP ;f] ;d]t Joj:yf ug'{kg]{ 5 .
O{hfhtkq k|fKt ;+:yfn] ljQLo ;fIf/tf sd ePsf u|fxsx?nfO{ ;d]t a}+lsu sf/f]jf/df ;xof]u ug]{
Joj:Yff ug{'kg]{5 .
ljQLo ;]jfsf] z'Ns nufot zt{ kl/jt{g ;DaGwL Joj:yf
Ohfhtkq k|fKt ;+:yfn] u|fxs;Fu ljQLo ;]jfsf nflu ;Demf}tf kqdf x:tfIf/ u/L ;]jf k|bfg ug]{qmddf
To:tf] ;Demf}tfdf plNnlvt z'Ns, Aofhb/ / zt{x?df kl/jt{g x'Fbf Ohfhtkq k|fKt ;+:yfn] ;DalGwt
u|fxsnfO{ hfgsf/L u/fpg' kg]{5 .
o; Joj:Yff cg';f/ ;fj{hlgs ?kdf hfgsf/L u/fpg' kg]{ cj:yfdf /fli6o :t/sf ;+:yfn] /fli6o b}lgs
klqsf dfkm{t\ / If]qLo :t/sf ;+:yfn] If]qLolhNnf :t/sf klqsf dfkm{t ;fj{hlgs ug'{ kg]{5 .
vftf ;~rfng tyf aGb ubf{ nfUg] z'Ns ;DaGwL Joj:yf
-s_ Ohfhtkqk|fKt ;+:yfn] lgIf]k vftf ;~rfng ubf{, vftf aGb ubf{, :6]6d]G6 lb+bf jf k|fs[lts JolQmsf]
xsdf ? Psnfv ;Ddsf] PaLaLP; ;]jf k|bfg ubf{ u|fxsaf6 s'g} lsl;dsf] ;]jf z'Ns lng kfOg]
5}g . t/, u|fxsn] s'g} Ps cjlwsf] :6]6d]G6 Ps k6s eGbf a9L dfu u/]sf] cj:yfdf To:tf] z'Ns
lng afwf k'u]sf] dflgg] 5}g .
-v_ u|fxssf] lgliqmo vftf ;lqmo u/fpFbf s'g} z'Ns lng kfOg] 5}g .
-u_ s'g} klg cj:yfdf /x]sf] vftfsf] /sd Go"gtd df}Hbft eGbf sd ePsf sf/0fn] /sd sf u/L
df}Hbft 36fpg kfOg] 5}g .
-3_ v08 -s_, -v_ / -u_ afx]ssf cj:yfdf u|fxs;Fu lng'kg]{ z'Ns ;DaGwdf u|fxsnfO{ k"j{hfgsf/L
u/fPsf] x'g'kg]{5 .
-_ g]kfnL d'b|fdf ljB'tLo sf8{x? hf/L ubf{ z'?df lnO{g] z'Ns afx]s To:tf] sf8{sf] cjlw ;dfKt
gx'~h]n;Dd gjLs/0f z'Ns lng kfO{g] 5}g .
r]s e'QmfgL ;DaGwL Joj:yf
-s_ r]s, lan, k]c8{/ nufot s'g}klg ljQLo pks/0fsf dfWodn] cfkmgf] vftfdf /sd hDdf ubf{ To:tf]
pks/0fdf plNnlvt ;Dk"0f{ /sd g} ;DalGwt u|fxssf] vftfdf hDdf ug'{kg]{5 . To:tf] ljQLo
pks/0fx?sf] sf/f]jf/df nfUg] s'g} z'Ns ePdf ;f] ;DaGwL hfgsf/L u|fxsnfO{ cu|Ld ?kdf u/fO{
u|fxssf] vftfaf6 5'6\6} ?kdf lng'kg]{5 .
-v_ s'g} JolQm, kmd{, sDkgL jf ;+:yfn] cfkmgf] sf/f]jf/sf] qmddf k|fKt r]sx? cfkmgf] vftfdf hDdf ubf{
To:tf] r]s lvRg] JolQm, kmd{, sDkgL jf ;+:yfsf] vftfdf df}Hbft ckof{Kt eO{ /sd hDdf x'g
g;s]sf] cj:yfdf r]s k|:t't ug]{ u|fxssf] vftfaf6 s'g} klg z'Ns jf /sd lng kfO{g] 5}g .
-u_ vftfdf df}Hbft ckof{Kt eO{ e'QmfgL gx'g] r]s k|:t't ePsf] cj:yfdf o; a}+sn] O{hfhtkqk|fKt
;+:yfx?nfO{ hf/L u/]sf] PsLs[t lgb]{zgsf] O{=k|f= lgb]{zg g+=!@)&! adf]lhd To:tf] r]s lvRg]
JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ pQm r]s hf/L ug]{ a}+s jf ljQLo ;+:Yffn] sfnf];'rLdf
;'rLs[t ug{ shf{ ;'rgf s]Gb|df n]vL k7fpg'kg]{5 .
304
Aofhb/ ;DaGwdf
-s_ ljleGg k|sf/sf art vftfx?df lbOg] Jofhb/sf] cGt/ @ k|ltzt ljGb' eGbf a9Ln] km/s kfg{ kfO{g]
5}g . art vftfsf] Aofhb/ kl/jt{g ubf{ ;a} k|s[ltsf] art vftfnfO{ ;dfg ?kdf nfu" x'g] u/L
Aofhb/ ;dfof]hg ug'{ kg]{5 . Ps} k|s[ltsf] art vftfdf hDdf ul/Psf] /sd, artstf{sf] k|s[lt
nufotsf cfwf/ to u/L Aofhb/ km/s ug{ kfOg] 5}g .
-v_ shf{df nfUg] k]gfn Aofh b/ shf{ k|jfx ubf{ C0fL;Fu ul/g] ;Demf}tfdf pNn]v ug'{kg]{5 . k]gfn
Aofh ln+bf aSof}tf Aofh / ls:tf /sddf aflif{s k]gfn Aofhb/n] ljnDa ePsf] ;dofjwLsf nflu
sfod x'g cfpg] /sd eGbf a9L lng kfOg] 5}g . k]gfn Aofhdf Aofh nfUg] u/L /sd c;'n pk/
ug{ kfOg] 5}g .
-u_ u|fxssf] Aofh k|bfg ug]{ vftf s'g} klg sf/0fn] lgliqmo x'g uPdf ;d]t lgIf]kstf{n] kfpg'kg]{ Aofh
k|bfg ug'{kg]{5 .
-3_ Jofhb/ k|sflzt ubf{ jflif{s k|ltzt b/ pNn]v ug'{kg]{5 .
9= ;]jf z'Ns ;DaGwL Joj:yf
-s_ Ohfhtkq k|fKt ;+:yfn] cfkm\gf u|fxsx?nfO{ cGo ;+:yflgsfo dfkm{t ;]jf lng] ;Gbe{df ;f] ;]jf
jfkt To:tf ;+:yflgsfox?nfO{ e'QmfgL ug'{kg]{ nfut eGbf j9L x'g] u/L ;]jf z'Ns c;'n ug{ kfOg]
5}g .
-pbfx/0fsf] nflu u|fxssf] ;DaGwdf shf{ ;"rgf k|fKt ubf{ jf sfnf];"rLdf ;"rLs[t ubf{ jf ;f]
;"rLaf6 x6fpFbf lnOg] z'Ns shf{ ;"rgf s]Gb|n] lng] z'Ns eGbf a9L x'g] u/L z'Ns c;'n ug{ kfOg]
5}g . To;}u/L P6LPd k|of]u jfkt lnO{g] z'Ns, ljleGg sf8{x?df lnOg] z'Ns, lwtf] d"Nof+sg jfkt
lnOg] z'Ns, jLdf z'Ns nufotsf z'Nsx? ;]jf k|bfosn] lng] eGbf a9L x'g] u/L lng kfOg] 5}g .
To;}u/L, df}Hbft /sd k|dfl0ft ubf{ nfUg] z'Ns nfut eGbf a9L x'g] u/L lng kfOg] 5}g ._
t/ On]S6f]lgs dfWodaf6 x'g] r]s lSnol/sf ;DaGwdf ? b'O{ nfv eGbf sd /sdsf] r]s lSnol/
sf/f]af/df ;DalGwt a}+s tyf ljQLo ;+:yfn] cfgf u|fxsx?;Fu s'g} lsl;dsf] z'Ns lng kfOg] 5}g .
-v_ shf{ k|jfx ubf{ lng] k|zf;lgs ;]jf z'Ns / k|ltj4tf z'Ns afx]s shf{;Fu ;DjlGwt ;Dk"0f{ z'Nsx?
Jofhb/df g} k|ltlalDjt x'g'kg]{5 . a}+s tyf ljQLo ;+:yfn] ljleGg u|fxs;Fu shf{ k|jfx ubf{ lng]
z'Ns )=@% k|ltzt eGbf a9Ln] km/s kfg{ kfOg] 5}g .
10= clu|d e'QmfgL z'Ns ;DaGwdf
-s_ Ohfhtkqk|fKt ;+:yfn] shf{ sf/f]jf/df lng] cu|Ld e'QmfgL z'Nssf ;DaGwdf shf{ k|jfx ubf{ ul/g]
;Demf}tfdf :ki6 ?kdf pNn]v ug'{kg]{5 .
-v_ shf{ lnFbfsf] avt tf]lsPsf] zt{ jf Jofhb/ kl/jt{g ePsf] sf/0f C0fLn] cfkm\gf] cfDbfgLsf]
>f]taf6 shf{ cu|Ld e'QmfgL ug{ rfx]df To:tf] clu|d e'QmfgL u/] jfkt s'g} lsl;dsf] z'Ns lng
kfOg] 5}g .
-u_ C0fL;Fu ul/Psf] shf{ ;Demf}tfdf pNn]lvt zt{x? a}+sn] PstkmL{ ?kdf kl/jt{g u/]df C0fLn] shf{
cu|Ld ?kdf e'QmfgL u/]df s'g} lsl;dsf] cu|Ld e'QmfgL z'Ns lng kfOg] 5}g .
11= u'gf;f] ;'gjfO{ ;DaGwL Joj:yf
-s_ ;]jfu|fxLnfO{ kg]{] c;'ljwf tyf ;j{;fwf/0fsf] u'gf;f] ;'g'jfO{ ug{ Ohfhtkq k|fKt ;+:yfn] ;"rgf tyf
u'gf;f] ;'g'jfO{ 8]:s :yfkgf u/L ;f] sf] ;fj{hlgs hfgsf/L lbg'kg]{5 .
-v_ Ohfhtkq k|fKt ;+:yfn] pkef]Qmfsf] u'gf;f] ;'gjfO{sf nflu x6nfOg ;d]tsf] Joj:yf u/L u'gf;f]
;'Gg] clwsf/L tf]Sg' kg]{5 .
-u_ Ohfhtkq k|fKt ;+:yfn] u|fxsx?sf] u'gf;f] ;'g'jfO{sf nflu cfkm\gf] j]a;fO6df cgnfO{g kf]6{nsf]
;d]t Joj:yf ug'{ kg]{5 .
8=
305
ljQLo ;fIf/tf ;DaGwdf

-s_ Ohfhtkqk|fKt ;+:yfn] cfGff sfo{qmdx?df ljQLo ;fIf/tf ;DaGwL sfo{qmd clgjfo{ ?kdf ;dfj]z
u/]sf] x'g'kb{5 .
-v_ Ohfhtkqk|fKt ;+:yfn] cfkm'n] k|bfg ug]{ ljQLo ;]jf ;'ljwfsf ;DaGwdf ;j{;fwf/0fnfO{ ;';'lrt
u/fpg] Joj:yf ug'{kg]{5 .
-u_ ljQLo ;fIf/tf clej[l4 u/L ljQLo k|0ffnLnfO{ ;3fp k'/ofpg] vfnsf lj1fkg tyf ;"rgfx?nfO{
k|f]T;flxt ug'{ kg{]5 .
13= uf]Kflgotf Pj+ tYof ;+/If0f ;DaGwL Joj:yf
-s_ Ohfhtkq k|fKt ;+:yfn] u|fxs;Fu ljQLo sf/f]jf/ ug]{ qmddf u|fxssf] Jofj;flos ;"rgfx?sf]
uf]klgotf sfod ug'{kg]{5 . u|fxssf] uf]klgotf sfod ug'{kg]{ ;'rgf tyf ljj/0fx? nufot lx;fa
lstfa, vftf axL, >]:tf / n]vfsf] ljj/0f cGo c;DalGwt Pj+ cglws[t JolQmnfO{ lbg' x'Fb}g .
-v_ k|rlnt sfg'g adf]lhd clVtof/k|fKt lgsfo jf ;+:yfnfO{ To:tf] ljj/0f lbg eg] o; Joj:yfn] jfwf
k'u]sf] dflgg] 5}g .
14= lgb]{zg kfngf gu/]df x'g] sf/jfxL
Ohfhtkqk|fKt ;+:yfn] of] lgb]{zg kfngf gu/]df g]kfn /fi6 a}+s P]g, @)%* sf] bkmf
!)) adf]lhd sf/jfxL x'g]5 .
15= vf/]hL tyf arfp
-!_ o;cl3 hf/L ul/Psf b]xfosf lgb]{zgx? vf/]h ul/Psf]5 M
PsLs[t lgb]{zg, @)&! sf]] ;]jf z'Ns ;DaGwL Joj:yfaf6 hf/L ul/Psf] lgb]{zg tyf ;f] kZrft
ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf o;} ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
12=
306
g]kfn /fi6 a}+s

s]Gb|Lo sfof{no
O=k|f=lgb]{zg g+= @#)&@
ljljw Joj:yf ;DaGwdf .
/fi6
!=
@=
#=
$=
o; a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt ;+:yfn] kfngf ug'{ kg]{ ljljw Joj:yf ;DaGwdf g]kfn
aLdf clestf{sf] ?kdf sfo{ ug{ ;Sg] ;DaGwdf
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf $& pkbkmf -!_ sf] v08 -;_, pkbkmf -@_ sf] v08 -if_,
pkbkmf -#_ sf] v08 -km_ adf]lhd Ohfhtkqk|fKt ;+:yfx?n] /fi6 a}+sn] tf]s]sf cGo sfo{ ug]{ Joj:yf
cGtu{t /xL Ohfhtkqk|fKt ;+:yfn] rfx]df k|rlnt sfg'g adf]lhd ;DalGwt lgsfosf] :jLs[lt lnO{ cfgf
u|fxsx?sf] nflu dfq aLdf clestf{sf] ?kdf sfo{ ug{ ;Sg] 5g\ .
o; a}+saf6 Ohfhtkqk|fKt s / /fli6o :t/sf v tyf u ju{sf ;+:yfx?n] a}+s tyf ljQLo ;+:yf
;DaGwL P]g, @)^# sf] bkmf $& adf]lhd plNnlvt /fi6 a}+sn] tf]s]sf cGo sfd ug]{ Joj:yf cGtu{t
s]Gb|Lo lgIf]k ;]jf lgodfjnL, @)^& adf]lhd lgIf]k ;b:osf] ?kdf sfo{ ug{ ;Sg] 5g\ .
sDKo'6/ ;6j]o/sf] k|of]uvl/b ug{] ;DaGwdf
k|ltlnkL clwsf/ P]g, @)%( n] sDKo'6/ ;6j]o/nfO{ af}l4s ;DklQsf] ?kdf JofVof u/]sf] Pjd\ u}/
sfg'gL tyf gSsnL sDKo'6/ ;6j]o/sf] k|of]u sfg'gf/f g} lgif]w u/]sf] x'Fbf a}+s tyf ljQLo ;+:yfx?n]
gSsnL sDKo'6/ ;6j]o/af6 aRg ;fjwfgL Pjd\ ;ts{tf ckgfpg' kg]{5 .
a}+s tyf ljQLo ;+:yfx?sf] Go'gtd r'Qmf k'hL ;DaGwL Joj:yf
-!_
a}+s tyf ljQLo ;+:yfx?n] sfod ug'{kg]{ Go'gtd r'Qmf k'hL ;DaGwL b]xfosf] Joj:yf ul/Psf] 5 M
ju{
s
v
/fli6o:t/
?= @)) s/f]8
?= ^$ s/f]8
?= #) s/f]8 a/
?= @) s/f]8
$!) lhNnf*
?= #) s/f]8 a/
?= @) s/f]8
!# lhNnf*
?= #) s/f]8 a/
?= !) s/f]8
?= #) s/f]8 a/
?= !) s/f]8
sf7df8f}+ pkTosf afx]s . o:tf ljQLo ;+:yfx?sf] sfo{ If]qkl/of]hgf tf]lsPsf lhNnfx?df ;Lldt /xg] .
a/ lnlh sf/f]af/ ug]{ ljQLo ;+:yfsf] xsdf dfq nfu" x'g] .
a}+sljQLo ;+:yf ;+:yfkgf ;DaGwL gLltut Pjd\ k|lqmofut Joj:yfsf] ljz]if Joj:yf cGtu{t
:yflkt Ps lhNn] ljQLo ;+:yfsf] xsdf pko'{Qm tflnsfdf pNn]v u/] adf]lhd Go"gtd r'Qmf k' hL
sfod ug{ clgjfo{ x'g] 5}g .
-@_
ldlt @)&! cfiff9 d;fGtleq a'bf g+= -!_ df pNn]v u/] adf]lhd tf]lsPsf] Go"gtd r'Qmf k'hL
k"/f gug]{ a}+s tyf ljQLo ;+:yfx?nfO{ b]xfo adf]lhdsf] sf/jfxL x'g]5 M
-s_ gub nfef+z ljt/0f ug{ /f]s nufpg],
-v_ zfvf lj:tf/ ug{ /f]s nufpg],
307
%=
^=
&=
-u_ @)&! ebf} d;fGtdf sfod /xg] lgIf]kdf % k|ltzt eGbf a9L x'g] u/L lgIf]k ;+sng
ug{ /f]s nufpg] /
-3_ @)&! ebf} d;fGtdf sfod /xg] s'n shf{ eGbf a9L x'g] u/L shf{ k|jfx ug{ /f]s
nufpg] .
Long Form Audit Report ;DaGwdf
Long Form Audit Report nfO{ ;do ;fk]If / k|efjsf/L agfpg o;};fy ;+nUg 9fFrf -cg';"rL @!=*_
cg';f/ nfu" ul/Psf] 5 . pQm Long Form Audit Report nfO{ o; a}+ssf] web-site: www.nrb.org.np sf]
a}+s tyf ljQLo ;+:yf lgodg ljefu cGtu{t /flvPsf] x'gfn] ;f]xL web-site af6 ;'rgf k|fKt u/L cfgf]
;+:yfsf] afXo n]vfkl/Ifsaf6 ;f] Long Form Audit Report s} 9fFrfdf tof/ ul/Psf] clGtd n]vfk/LIf0f
k|ltj]bgnfO{ ;f]em} o; a}+sdf cfOk'Ug] u/L k7fpg] Joj:yf ug'{ kg]{5 .
k'FhL of]hgf k]z ug]{ ;DaGwdf
a'Fbf g+= $ adf]lhd ;~rfngdf /lx/x]sf a}+s tyf ljQLo ;+:yfxn] @)&) c;f/ d;fGtleq gofF Joj:yf
ul/P cg';f/sf] r'Qmf k'FhL j[l4 ub}{ n}hfg' kg]{ ;Gbe{df x/]s jif{ gk'u /sdsf] ;dfg'kflts b/n] j[l4 ub}{
n}hfgsf] nflu k'FhL of]hgf (Capital Plan) agfO{ o; a}+ssf] a}+s tyf ljQLo ;+:yf lgodg ljefu /
;DalGwt ;'kl/j]If0f ljefudf k7fpg' kg]{5 .
o; k|of]hgsf nflu r'Qmf k'FhL eGg] zAbn] ;fwf/0f ;]o/ jfktsf] r'Qmf k'FhL -af]g; ;]o/ tyf xsk|b
;]o/_ nfO{ dfq a'emfpg] / ;f] r'Qmf k'FhLdf ;fwf/0f ;]o/ afktsf] k|:tfljt af]g; ;]o/nfO{ ;d]t ;dfj]z
ug{ ;lsg] 5 .
shf{ ckn]vg ;DaGwL ljlgod agfpFbf cjnDag ug'{ kg]{ dfu{bz{g ;DaGwdf
-!_ Ohfhtkqk|fKt ;+:yfn] s] s:tf shf{ c;'n x'g g;Sg] x'g\ lgwf{/0f ug]{ cfwf/ tof/ u/L To:tf] shf{
ckn]vg ug]{ af/] cfcfgf] ;~rfns ;ldltaf6 ljlgod th'{df u/L o; a}+saf6 :jLs[lt lnO{ nfu" ug'{
kg]{5 .
-@_ Ohfhtkqk|fKt ;+:yfx?n] b]xfosf k|lqmofx? k'/f u/L shf{ ckn]vg ug{ ;Sg]5g\ .
-s_ shf{ v/fa au{df k/L !)) k|ltzt shf{ gf]S;fgL Joj:yf eO{ ;s]sf] x'g'kg]{ .
-v_ shf{ c;"nLsf] nflu k|rlnt P]g tyf gLlt adf]lhd lwtf] ;'/If0fsf] lnnfd laqmLsf] k|lqmof
;DkGg u/]sf] x'g'kg]{ .
-u_ shf{sf] lwtf] ;'/If0f lnnfd laqmL x'g g;s]sf] cj:yfdf clgjfo{ ?kdf lwtf] ;sf/ u/]sf]
x'g'kg]{ .
-#_ C0fL / C0f;Fu ;DalGwt kIfx?nfO{ o; a}+ssf] lgb]{zg adf]lhd shf{ ;'rgf s]Gb| ln= sf]
sfnf];"rLdf ;dfj]z ul/;s]sf] x'g' kg]{5 .
-$_ ckn]vg ul/Psf] shf{sf] xsdf To:tf] shf{ :jLs[t x'Fbf s'g tx jf s;sf] lg0f{oaf6 :jLs[t ePsf] xf] <
/ To:tf] shf{sf] ;'/If0f afkt /flvPsf] lwtf]sf] d"Nofg s;/L ul/Psf] xf] < ;fy}, To:tf] shf{ c;'nLsf]
nflu s] s:tf] k|of;x? ul/of] < o;/L ckn]vgdf hfg'kgf{sf] cf}lrTotf cflb af/] clen]vdf hgfpg'
kg]{5 .
-%_ Ohfhtkqk|fKt ;+:yfn] ckn]vg ul/Psf shf{sf] c;'nLsf nflu Pp6f 5'} shf{ c;'nL OsfOsf]
:yfkgf u/L To:tf] shf{x?sf] c;'nLsf nflu ;DalGwt ;+:yfn] lg/Gt/ k|of; hf/L /fVg' kg]{5 .
-^_ Ohfhtkqk|fKt ;+:yfn] ckn]vg u/]sf shf{x?sf] cBfjlws lja/0f 5'} /lhi6/ v8f u/L /fVg' kg]{5 .
-&_ Ohfhtkqk|fKt ;+:yfn] rfn' jif{df ckn]vg ul/Psf shf{x?sf] ljj/0f -dfly pka'Fbf g+= $ df
plNnlvt a'Fbfx? ;dfj]z u/L_ jflif{s k|ltj]bgdf clgjfo{ ?kn] pNn]v ug'{ kg]{5 .
-*_ Ohfhtkqk|fKt ;+:yfn] shf{ ckn]vg ;DaGwdf sfg'gdf :ki6?kdf Joj:yf gu/L :ki6 dfu{lgb]{zg
jf lgb]{lzsf ;d]tsf] cefjdf ldgfxf tyf ckn]vg sfo{ ubf{ lg0f{ostf{dfly cToflws clwsf/ /xg
hfg] ;DefJotfnfO{ x[bo+ud u/L ljj]sflwsf/ k|of]u x'g glbg C0f /sd ldgfxf jf ckn]vgaf6
eljiodf kg{ ;Sg] k|efj ;d]tnfO{ dWogh/ /fvL ;f] ;DaGwdf :ki6 tyf kf/bzL{ gLltut Joj:yf
ug'{ kg]{5 .
308
*=
(=
!)=
!!=
!@=
!#=
-(_ Ohfhtkqk|fKt ;+:yfn] ckn]vg ul/Psf shf{x?sf] ljj/0f cfly{s jif{ ;dfKt ePsf] ldltn] !%
lbgleq ;DalGwt ;'kl/j]If0f laefu / shf{ ;'rgf s]Gb| ln= df k7fpg' kg]{5 .
a}+sb/ ;DaGwdfM
o; a}+saf6 Ohfhtkqk|fKt ;+:yfx?nfO{ k|rlnt P]gdf ePsf] Joj:yf cg';f/ pknAw u/fO{g] shf{sf] Aofhb/ a}+sb/_ *=) k|ltzt sfod ul/Psf] 5 .
:yfoL t/ntf ;'ljwf (SLF) ;DaGwdf
o; a}+saf6 Ohfhtkqk|fKt ;+:yfsf] cfcfgf] :jfldTjdf /x]sf] g]kfn ;/sf/sf] 6]h/L laN; / ljsf;
C0fkqsf] lwtf]df To:tf C0fkqxsf] c+lst d"Nosf] () k|ltzt;Ddn] x'g cfpg] /sd k|rlnt a}+sb/df
cNksfnLg :yfoL t/ntf ;'ljwf -shf{_ o; a}+sn] pknAw u/fpg ;Sg] 5 .
clGtd C0fbftf ;'ljwf ;DaGwdf
cGt/a}+s / v'nf ahf/ tyf :yfoL t/ntf ;'ljwfaf6 cfjZos t/ntf cfk"lt{ x'g g;s]sf] cj:yfdf o; a}+sdf
vftf /x]sf a}+s tyf ljQLo ;+:yfnfO{ a9Ldf ^ dlxgfsf] nflu k|rlnt a}+sb/df clGtd C0fbftf ;'ljwf lbOg]
5 . o; a}+sdf clgjfo{ df}Hbft sfod ug{sf] nflu /fv]sf] gub df}Hbft, g]kfn ;/sf/sf] ;'/If0fkq jf c;n
shf{sf] lwtf]df o:tf] ;'ljwf k|bfg ul/g] 5 .
l/kf] / l/e;{ l/kf] af]nsaf]n cjlw ;DaGwdf
v'nf ahf/ sf/f]af/ cGtu{t l/kf] / l/e;{ l/kf] af]nsaf]nsf] clwstd cjlw @! lbg sfod ul/Psf] 5 .
ljb]zL ljlgdo ;DaGwL sfo{ ug]{ ;DaGwdf
b]xfo adf]lhdsf Ohfhtkqk|fKt ljQLo ;+:yfx?nfO{ o; a}+ssf] ljb]zL ljlgdo Joj:Yffkg ljefuaf6
:jLs[lt k|fKt u/L ljb]zL ljlgdo ;DaGwL b]xfo adf]lhdsf yk sfo{ ug{ kfpg] Joj:yf ul/Psf] 5 .
-s_ v / u ju{sf ljQLo ;+:yfx?n] lgodfg';f/ OHffhtkq k|fKt u/L Ogjf8{ /]ld6\ofG; -Inward
Remittance_ sf] sfo{ ug{ ;Sg] .
-v_ v / u ju{sf ljQLo ;+:yfx?n] ef/tLo d'b|fsf] vl/b tyf laqmL ;DaGwL sfo{x? ug{ ;Sg]
-u_ /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] ljb]zL d'b|fsf] lgIf]k :jLsf/ ug{ ;Sg] .
-3_ /fli6o:t/sf v ju{sf ljQLo ;+:yfx?n] ljb]zL d'b|fsf] vl/blaqmL ug{, kf;kf]6{ afkt ;6xL
;'ljwf k|bfg ug{, ljb]zL d'b|fdf vftf vf]Ng tyf Nostro Account vf]Ng ;Sg] .
-_ v / u ju{sf ljQLo ;+:yfx?n] :jLs[t k|fKt a}+ssf] ;xfos Ph]06 eO{ g]kfnL / ef/tLo d'b|fsf]
Debit / Credit sf8{ hf/L ug{ ;Sg] .
-r_ /fli6o:t/ afx]ssf v ju{sf ljQLo ;+:yfx?n] ;d]t ljb]zL d'b|f vl/b u/L g]kfn /fi6 a}+s jf
jfl0fHo a}+sx?nfO{ laqmL ug{ ;Sg] .
-5_ a}+s tyf ljQLo ;+:yfx?sf] pkl:ylt Go'g /x]sf tf]lsPsf #) lhNnfdf vf]lnPsf u ju{sf ljQLo
;+:yfsf zfvf sfof{nox?n] k|rlnt sfg'g adf]lhd ljb]zL ljlgdo ;6xL Ohfhtkq lnO{ ljb]zL d'b|f
vl/b u/L g]kfn /fi6 a}+s jf jfl0fHo a}+sx?nfO{ laqmL ug{ ;Sg] .
:jb]zL /sdfGt/sf] sf/f]af/ ;DaGwdf
:jb]zL /sdfGt/sf] sf/f]af/ ug{ rfxg] Ohfhtkqk|fKt v / u ju{sf ljsf; a}+s tyf ljQ
sDkgLxn] cfkm"n] :jb]zL /sdfGt/sf] sf/f]af/ ug{ rfx]sf] Ohfhtkqk|fKt s ju{sf] jfl0fHo a}+s;Fu
;xdlt -Memorandum of Understanding_ u/L tyf Ohfhtkqk|fKt s, v / u ju{sf a}+s tyf
ljQLo ;+:yfn] cfg} zfvf jf cGo Ph]G;Lx? dfkm{t :jb]zL /sdfGt/sf] sf/f]af/ ug{ rfx]df /sdfGt/
;DaGwL ;Dk"0f{ hf]lvd s ju{sf] jfl0fHo a}+sn] axg ug]{ u/L o; a}+ssf] :jLs[ltsf] nflu cg'/f]w u/]df
:jLs[lt k|bfg ug{ ;lsg] 5 .
t/ v ju{sf ljsf; a}+sx?n] ;Dk"0f{ hf]lvd cfkm} axg ug]{ u/L cfgf zfvfsfof{no dfkm{t cfgf
u|fxsnfO{ :jb]zL /sdfGt/ sf/f]af/ ;DaGwL ;]jf k|bfg ug{ ;Sg]5g .
309
!$= lnvt g]kfnL efiffdf tof/ ug]{ ;DaGwdf

-s_ a}+s tyf ljQLo ;+:yfx?n] h'g;'s} k|sf/sf] shf{ k|jfx ubf{ C0fL tyf hdfgtstf{ JolQmkmd{sDkgL ;+:yf_ tyf sf/0fL -C0fLhdfgt lbg] ;d]t_ af6 tof/ ug]{u/fpg]
sfuhftx? -h'g;'s} lnvt, hdfgLkq jf dGh'/Lgfdf_ k|rlnt P]g sfg'g adf]lhd b]jgfu/L lnkL
g]kfnL efiffdf tof/ ug{' kg]{5 . t/ ;DalGwt a}+s tyf ljQLo ;+:yfn] cfgf] cfGtl/s k|of]hgsf]
nflu To;/L g]kfnL efiffdf tof/ ul/Psf lnvtx? c+u|]hL efiffdf cg'jfb u/L clen]vdf /fVg eg]
kfOg] 5 .
ljb]zL gful/sx?;Fu x'g] sf/f]af/df / ljb]zL a}+ls sf/f]af/df dfq k|of]u x'g] lnvtx?sf] xsdf eg]
-h:t}M k|lttkq_ g]kfnL efiffdf tof/ ug{ clgjfo{ ul/Psf] 5}g .
a}+s tyf ljQLo ;+:yfn] shf{;Fu ;DalGwt C0f k|:tfj kq -Offer Letter_, shf{ td;'s -Loan
Deed_, lwtf]aGws lnvt -Mortgage Deed_, Hypothecation Agreement / Trust Receipt
Agreement clgjfo{?kdf b]jgfu/L lnkL g]kfnL efiffdf tof/ ug'{kg]{ / Consortium Loan
Agreement, Letter of Assignment, Letter of Guarantee sf] xsdf xfnnfO{ c+u|]hL efiffdf ;d]t
tof/ ug{ ;lsg] 5 . ;fy}, oL sfuhftx?nfO{ klg qmlds ?kdf g]kfnL efiffdf tof/ ub}{ hfg]
gLltut Joj:yf ug'{ kg]{5 .
lnvthdfgLkq tof/ ubf{ hdfgL /sd, C0fsf] cjlw, C0fsf] k|of]hg, k|d'v C0fL, ;fIfL,
hdfgtstf{sf] gfd, 7]ufgf, ;f] sf] ;gfvt nufotsf ljifox? tyf cGo k|sf/sf lnvtx?df ;d]t
b]xfo adf]lhdsf ljifox?nfO{ oyf]lrt :yfgdf clgjfo{ ?kn]] pNn]v ug'{ kg]5
{ .
lnvtdf :ki6;Fu pNn]v x'g'kg]{ ljifox?
;DalGwt JolQmsf] gfd, 7]ufgf, ldlt, JolQmsf] xsdf gful/stfkf;kf]6{ gDa/ tyf ltg k':t],
Dofb, cjlw, k|of]hg,
;DalGwt JolQmsf] ;DaGwdf a}+s tyf ljQLo ;+:yff/f ;gfvt,
/sd,
;fIfL -Witness_,
x:tfIf/ klxrfg ug]{ k|of]hgsf] nflu ;DalGwt sf/0fLsf] gfd,
cGo cfjZos b]lvPsf ljifox? .
-v_ Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] cGt/f{li6o sf/f]af/df k|of]u x'g] afx]ssf kqfrf/,
r]sef}r/ nufot cGo sfuhftx? b]jgfu/L lnkL g]kfnL efiffdf ;d]t pknAw x'g] Joj:yf
clgjfo{ ?kdf ug'{ u/fpg' kg]{5 .
!%= ATM df CCTV sf] Joj:yf ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] Automated Teller Machine (ATM) x?df CCTV Sofd]/f
nufot cGo ;'/Iff ;DaGwL k|aGwx? clgjfo{ ?kdf ug'{ u/fpg' kg]{5 .
!^= SWIFT Message sf] dfWodaf6 /sdfGt/ ug{] ;DaGwdf
SWIFT (Society for Worldwide Interbank Financial Telecommunication) k|ljlw h8fg u/]sf a}+s tyf
ljQLo ;+:yfx?n] SWIFT Message sf] dfWodaf6 o; a}+s;Fu sf/f]af/ ubf{ b]xfo adf]lhd ul/Psf] 5 M
s= o:tf] sf/f]af/sf nflu cfOtaf/b]lv laxLaf/;Dd ck/fGx @M)) jh];Dd /sdfGt/sf] nflu cg'/f]w
eO{ cfPdf ;f]xL lbg /sdfGt/ ul/g] .
v= ck/fGx @M)) jh] kl5 /sdfGt/sf] nflu cg'/f]w eO{ cfPsf] cj:yfdf ;f] lbg kl5sf] csf]{
sfo{lbgdf /sdfGt/ ul/g] .
u= z'qmaf/ lbgsf] !!M#) jh];Dd /sdfGt/sf] nflu cg'/f]w e} cfPdf ;f]xL lbg /sdfGt/ ul/g] .
3= z'qmaf/ lbgsf] !!M#) jh] kl5 /sdfGt/sf] nflu cg'/f]w eO{ cfPsf] cj:yfdf ;f] lbg kl5sf] csf]{
sfo{lbgdf /sdfGt/ ul/g] .
310
!&= ljb]zL a}+s tyf ljQLo ;+:yfx?nfO{ k|fljlws ;]jf k|bfg ug{ ;lsg] ;DaGwdf
g]kfnaf6 ljb]zdf k'FhLut nufgL ug]{ u/L k'FhL vftf v'Nnf gul/Ptf klg Ohfhtkqk|fKt s ju{sf
jfl0fHo a}+sx?n] cfgf] k|aGwkqdf plNnlvt ljifodf o; a}+ssf] k'j{ :jLs[lt lnO{ ljb]zdf k'FhLut nufgL
gx'g] u/L ljb]zL a}+s tyf ljQLo ;+:yfx?nfO{ u}/sf]ifdf cfwfl/t laleGg k|fljlws ;]jf -Technical
Service_ k|bfg ug{ ;Sg]5g\ .
!*= ;]km l8kf]lh6 eN6, ns/ ;]jf ;~rfng ;DaGwdf
Ohfhtkqk|fKt /fli6o:t/sf] u ju{sf ljQLo ;+:yfn] ;]km l8kf]lh6 eN6, ns/ ;]jf -Safe Deposit Vault,
Locker Service_ pknAw u/fpFbf b]xfo adf]lhdsf] zt{x?sf] clwgdf /xL ;~rfng ug{ ;Sg] 5g\ .
!= ;+:yfsf] r'Qmf k'FhL o; a}+sn] tf]s] adf]lhd k'u]sf] x'g' kg]{ .
@= ;+:yfsf] ;]km l8kf]lh6 eN6 ;~rfngsf] nflu 5'} lgb]{lzsfljlgod x'g' kg]]{ .
#= ;+:yfn] cfk"m;Fu lgIf]k / shf{sf] sf/f]af/ u/]sf cfgf u|fxsx?nfO{ dfq ;]km l8kf]lh6 eN6sf] ;]jf
pknAw u/fpg' kg]{ .
$= ;]km l8kf]lh6 eN6 ;~rfng ug'{ cufj} ;'/Iffsf] nflu CCTV h8fg x'g'kg]{ ;fy} cnfd{ k4lt -Alarm
System) sf] Joj:yf u/L ;f] cnfd{ k4ltaf6 ;/sf/L ;'/Iff lgsfo;Dd ;'rgf k|jfx ug{ ;lsg]
lsl;dsf] Joj:yf clgjfo{ ?kdf x'g'kg]{ / ;f]sf] hfgsf/L o; a}+snfO{ lbg' kg]{ .
%= ;fOhsf] cfwf/df ;]km l8kf]lh6 eN6 / ns/sf] jlu{s/0f u/L ;f]xL cg'?k pko'Qm aLdf kf]ln;L lnO{
cfjZos ;'/Iff Joj:yf ug'{kg]{ .
!(= ATM ;~rfng ;DaGwdf
Ohfhtkqkqk|fKt v / u ju{sf ;+:yfx?n] b]xfosf] zt{x?sf] clwgdf /xL Automated Teller
Machine (ATM) /fVg ;Sg]] 5g\ .
!= k"jf{wf/ tyf e'QmfgL k|0ffnLsf] ;'/Iffsf] k"0f{ bfloTj ;DalGwt ;+:yfsf] g} x'g]5 .
@= ;]jf z'Ns ;DaGwL Joj:yf :ki6?kdf k|sflzt ug'{ kg]{5 .
#= o;} lgb]{zgsf] a'Fbf g+= !$ sf] v08 -_ cg';f/ o; a}+saf6 Ohfhtkqk|fKt afl0fHo a}+s;Fu ;Da4tf
sfod u/L ;Demf}tf u/]/ ;xfos Ph]06sf] ?kdf o:tf] sfo{ ug{ afwf kg]{5}g .
$= /fli6o:t/sf v / u ju{sf ;+:yf afx]s cGo ;+:yfn] cfgf] :jLs[t sfo{If]qdf ;Lldt /xg] u/L
cfgf u|fxsx?nfO{ dfq ;]jf k|bfg ug{ cfg} 5'} ATM /fVg ;Sg] 5g\ .
@)= lnnfdL ubf{ :jfldTj tyf ef]uflwsf/ x:tfGt/0f ;DaGwdf
Ohfhtkqk|fKt ;+:yfn] af]nsjf]nsf] dfWodaf6 lwtf] lnnfdL -Auction_ ubf{ ;DalGwt af]nsjf]njfnf
-Bidder_ JolQm jf ;+:yfsf] gfddf g} pQm ;DklQsf] :jfldTj tyf ef]uflwsf/ -Ownership & Possession_
x:tfGt/0f ug'{ kg]{5 .
@!= ;fwf/0f;+:yfks ;]o/x? hkmt ug]{ ;DaGwdf
Ohfhtkqk|fKt ;+:yfx?sf] ;fwf/0f ;]o/ tyf ;+:yfks ;]o/df sf/jfxLdf k/]sf JolQm / lghsf] Psf3/
kl/jf/n] nufgL u/]sf] cj:yfdf To:tf ;fwf/0f;+:yfks ;]o/x? hkmt u/L lnnfd ug]{ / To;/L k|fKt x'g
cfpg] /sd shf{ r'Qmf ug]{ k|of]hgsf nflu pkof]u ug{' kg]{5 .
@@= ;fOgaf]8{ tyf n]6/Kof8 ;DaGwdf
Ohfhtkqk|fKt ljQLo sf/f]af/ ug]{ ;+:yfx?sf] ;fOgaf]8{ tyf n]6/Kof8 x]bf{ :ki6?kdf s'g ju{ tyf slt
lhNnfdf sfo{ If]q ePsf] ljQLo ;+:yf xf] egL 5'6\ofpg sl7g eO{ ;j{;fwf/0f hgtfdf e|d kg{;Sg]
b]lvPsf] x'Fbf o; a}+saf6 Ohfhtkqk|fKt ;+:yfx?n] cfgf] ;fOgaf]8{ tyf n]6/Kof8df ;+:yfsf] gfdsf] 7Ls
tn clgjfo{?kdf sf]i7df b]xfo adf]lhdsf] jfSof+z pNn]v ug'{u/fpg' kg]{5 .
311
Ohfhtkqk|fKt ;+:yf
Ohfhtk|fKt s ju{sf ;+:yfx?n]
Ohfhtk|fKt v ju{sf ;+:yfx?n]
Ohfhtk|fKt u ju{sf ;+:yfx?n]
pNn]v ug'{ kg]{ jfSof+z

g]kfn /fi6 a}+saf6 s ju{sf] Ohfhtkqk|fKt ;+:yf
g]kfn /fi6 a}+saf6 v ju{sf] Ohfhtkqk|fKt ;+:yf -===== lhNnf
sfo{ If]q ePsf]_
g]kfn /fi6 a}+saf6 u ju{sf] Ohfhtkqk|fKt ;+:yf -===== lhNnf
sfo{ If]q ePsf]_
gf]6M /fli6o:t/sf ljQLo ;+:yfx?n] sfo{If]q ;DaGwL ljj/0f pNn]v ug{ clgjfo{ x'g] 5}g .
@#= r]s lSnol/ tyf e'QmfgL ;DaGwL Joj:yfM
!= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfn] k'j{jt ?kdf ?=%) nfv jf ;f]eGbf a9Lsf] /sd e'QmfgL ubf{
clgjfo{ ?kdf PsfpG6k]oL r]s dfkm{t\ ug'{ kg]{]5 . ;fy}, kmd{, sDkgL, ;+:yf jf sfof{nosf] gfddf
lvlrPsf r]sx?sf] e'QmfgL ;d]t PsfpG6k]oL x'g' kg]{5 .
@= a}+s jf ljQLo ;+:yfx?n] lvRg] r]ssf] cu|efusf] dflykLsf] vfnL :yfgdf clgjfo{?kdf r]s /fO6/,
r]s k+r, r]s k|f]6]S6/ jf l/jg /fO6/ nufpg' kg]{5 .
#= ljlgd]o clwsf/ kq P]g, @)#$ sf] bkmf ^ df ePsf] Joj:yf adf]lhd s'g} klg r]sdf c+s / cIf/df
/sd km/s k/]df cIf/df n]lvP cg';f/sf] /sdnfO{ dfGotf lbg' kg]{5 .
$= r]ssf] cu|efudf /]vfg -Crossing_ jf /]vfg ;DaGwL 5fk / 8c/sf] 5fk afx]s cGo s'g} lsl;dsf]
5fk nufPsf r]ssf] e'QmfgL ug{ ;DalGwt ;+:yf afWo x'g] 5}g .
%= RofltPsf, d;L nfu]sf, s]/d]6 ePsf r]ssf] e'QmfgL ug{ ;DalGwt ;+:yf afWo x'g] 5}g .
^= e'QmfgLsf] nflu k|fKt r]s g]kfnL jf c+u|]hL dWo] s'g} Ps efiffdf dfq :ki6 ?kdf n]lvPsf] x'g'kg]{5 .
&= ;+:yfsf] gfddf lvlrPsf r]s ;DalGwt ;+:yf cfkm}n] vftfdf hDdf ug{ k7fpFbf ;DalGwt ;+:yfsf]
k|i6 a'lemg] 5fk r]ssf] k5fl8 clgjfo{ ?kdf nufPsf] x'g'kg]{5 . t/ ;DalGwt ;+:Yffsf] nflu cGo
JolQm, kmd{, sDkgL jf ;+:yfn] To:tf] r]s vftfdf hDdf ul/lbFbf eg] 5fk nufpg clgjfo{ x'g] 5}g .
*= lSnol/ dfkm{t k|fKt g]kfn /fi6 a}+ssf r]ssf] /sd h;sf] gfddf r]s lvlrPsf] xf] p;}sf] gfdsf]
vftfdf hDdf ug'{kg]{5 .
(= o; a}+saf6 hf/L On]S6f]lgs lSnol/ ;DaGwdf hf/L lgb]{zg tyf dfu{bz{gx?sf] kfngf gePsf
r]sx?sf] lSnol/ tyf e'QmfgL ug{ ;DalGwt ;+:yf afWo x'g] 5}g .
@$= Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] k|fljlws ;]jf ;Demf}tf -Technical Service Agreement, TSA_
cGtu{t Seconded Staff sf] ?kdf cfPsfcfpg] u}/ g]kfnL gful/sx?sf] xsdf ljBdfg >d P]g tyf
lgodfjnL cg';f/ >d :jLs[lt lng'kg]{ Joj:yf /x]sf]n] ;f]xL adf]lhd :jLs[lt lnP/ dfq sfo{ ug{'u/fpg'
kg]{5 .
Ohfhtkqk|fKt ;+o'Qm nufgL -Joint Venture_ sf a}+s tyf ljQLo ;+:yfx?n] k|fljlws ;]jf ;Demf}tf -TSA)
;DaGwdf a}+s tyf ljQLo ;+:yf / ljb]zL nufgLstf{aLr ;Demf}tf u/L k|ljlw x:tfGt/0f ubf{ ljb]zL
nufgL tyf k|ljlw x:tfGt/0f P]g, @)$( sf] bkmf -#_ adf]lhd ljefu -ljefu eGgfn] g]kfn ;/sf/sf]
pBf]u ljefu jf 3/]n' tyf ;fgf pBf]u ljefu eGg] ;Demg' k5{_ ;dIf :jLs[lt lng'kg]{ sfg'gL Joj:yf
/x]sf]n] pQm sfg'gL Joj:yfsf] kl/kfngf ug{'u/fpg' kg]{5 .
@%= ?U0f pBf]u x]g]{ 8]:s ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] ?U0f pBf]ux?sf] clen]v Joj:yfkg, cg'udg / ;d:of
;dfwfgdf ;3fp k'ofpg] k|of]hgsf nflu shf{ ljefu cGtu{t Pp6f 5'} ?U0f pBf]u x]g]{ 8]:s tf]Sg'
kg]{5 .
@^= a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf !( -v_ df ;+ul7t If]q;Fu ;DalGwt lgsfosf] JofVof
gePsf] t/ pQm If]qdf sfo{/t JolQmsf] sfof{g'ejn] a}+s tyf ljQLo ;+:yf ;~rfngdf ;xof]u k'uf]; eGg]
x]t' o; a}+saf6 Ohfhtkqk|fKt ug]{ s ju{sf] jfl0fHo a}+s tyf v ju{sf] /fli6o :t/sf] ljsf; a}+ssf]
312
xsdf ;+ul7t If]q egL o; a}+saf6 Ohfhtkqk|fKt a}+sljQLo ;+:yf;xsf/LnfO{ dfq dfGotf lbg
;lsg] 5 .
@&= Ohfhtkqk|fKt s ju{sf / /fli6o :t/sf v ju{sf a}+s tyf ljQLo ;+:yfx?n] cfcfgf] ;~rfns
;ldltn] tf]s]sf] dfkb08leq /xL Forward, Options, Swap , Futures h:tf ljleGg 8]l/e]l6E; -Derivatives_
pks/0f ;DaGwL sf/f]af/x? ug{ ;Sg] 5g\ .
t/ ljb]zL d'b|f;Fu ;DalGwt 8]l/e]l6E; sf/f]af/x?sf] xsdf ljb]zL ljlgdo ;DaGwL k|rlnt sfg'g
tyf o; a}+ssf] ljb]zL ljlgdo Joj:yfkg ljefuaf6 hf/L kl/kqx?sf] clwgdf /xL ug'{kg]{5 .
@*= n3' shf{ 8]:s :yfkgf ug{] ;DaGwdf
Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx?n] n3', ;fgf / demf}nf pBf]udf shf{ k|jfx tyf kx'Fr j[l4sf nflu
shf{ ljefu cGtu{t Pp6f 5'} 8]:s :yfkgf ug{' kg]{5 .
@(= ;fd'lxs nufgL sf]if ;~rfng ug{] ;DaGwdf
a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf $& sf] pkbkmf -!_ sf] v08 -;_ sf] k|of]hgsf nflu
b]xfosf zt{x?sf] clwgdf /xL o; a}+saf6 Ohfhtkqk|fKt s ju{sf a+}sx?n] ;fd'lxs nufgL sf]if
;~rfng ug{ ;Sg]] 5g\ .
zt{x?M
-!_ of]hgf Joj:yfkg;Fu ;DalGwt sfo{sf nflu ;xfos sDkgL v8f ug'{kg]{ / To:tf] sDkgL v8f ubf{
x'g uPsf] nufgLnfO{ o; a}+sn] tf]s] cg';f/sf] hf]lvd ef/ k|bfg ug]{ .
-@_ ljQLo sf/f]af/ ;~rfng ePsf] kfFr jif{ k'/f ePsf] x'g' kg]{ .
-#_ kl5Nnf] tLg jif{b]lv nuftf/ d'gfkmf u/]sf] x'g' kg]{ .
-$_ g]6jy{ wgfTds x'g' kg]{ .
-%_ ;~rfns jf sfo{sf/L k|d'v o; a}+ssf] sf/afxLdf gk/]sf] / To:tf] sf/jfxLdf k/]sf] eP ;f] km's'jf
ePsf] # jif{ k'u]sf] x'g' kg]{ .
#)= k'g/shf{ pknAw u/fpg] ;DaGwdf
g]kfn /fi6 a}+s P]g, @)%* sf] bkmf $( / %) df ePsf] Joj:yf cg';f/ Ohfhtkqk|fKt s, v / u
ju{sf a}+s tyf ljQLo ;+:yfx?nfO{ tf]lsPsf zt{x?sf] clwgdf /xL b]xfo adf]lhd k|jfx ePsf] shf{df o;
a}+saf6 k'g/shf{ ;'ljwf pknAw u/fOg] 5 . ;DalGwt cg';"rL @@=!, @@=@, @@=# / @@=$ o;} ;fy ;+nUg
ul/Psf] 5 .
-!_ ;fwf/0f k'g/shf{
-s_ hnljB't kl/of]hgf, s[lif If]q, kz'k+IfL tyf dT:okfng Joj;fo, ljb]zdf /f]huf/L jf cWoog
u/L kms]{sf o'jfx?n] ;+rfng ug]{ pBf]uJoj;fo, pTkfbgd"ns pBf]u, ko{6g pBf]u / ef}lts
k"jf{wf/ lgdf{0f pBf]udf k|jfx ePsf] c;n shf{sf] lwtf]df aflif{s $=) k|ltzt Aofhb/df
k'g/shf{ pknAw u/fOg] 5 .
:kli6s/0fM != pTkfbgd"ns pBf]u eGgfn] r'/f]6, lj8L, l;+uf/, ;"tL{, v}gL nufot ;"lt{hGo pBf]u / dlb/f tyf
dlb/fhGo pBf]u afx]ssf pTkfbgd"ns pBf]ux?nfO{ hgfpg] 5 .
@= ef}lts k"jf{wf/ lgdf{0f pBf]u eGgfn] ;8s, k'n, /f]kj], 6nLa;, 6g]n, km\nfO a|Lh, s]an sf/,
ljB't k|zf/0f nfOg cflbnfO{ hgfpg] 5 .
-@_
-v_ ;fwf/0f k'g/shf{ ;'ljwf pkof]u ubf{sf] cjlwdf a}+s tyf ljQLo ;+:yfx?n] ;DalGwt C0fLaf6
(=) k|ltzteGbf a9L Aofh lng kfpg] 5}gg\ .
ljz]if k'g/shf{
-s_ g]kfn ;/sf/af6 tf]lsPsf U0f pBf]u, 3/]n' tyf ;fgf pBf]u, j}b]lzs /f]huf/Lsf] nflu k|jfx
ePsf] shf{sf] lwtf]df jflif{s !=) k|ltzt Aofhb/df k'g/shf{ pknAw u/fOg] 5 .
313
-v_ blnt, hghflt, pTkLl8t, dlxnf, ljkGg ju{ tyf ;d'bfosf JolQmf/f ;+rflnt ;fgf Joj;fodf
k|bfg ul/Psf] c;n shf{sf] lwtf] ;'/If0fdf jflif{s !=) k|ltzt Aofhb/df k'g/shf{ pknAw
u/fOg] 5 .
-u_ ljz]if k'g/shf{ ;'ljwf pkof]u ubf{sf] cjlwdf a}+s tyf ljQLo ;+:yfx?n] ;DalGwt C0fLaf6
jflif{s $=% k|ltzteGbf a9L Aofh lng kfpg] 5}gg\ .
-#_ lgof{t k'g/shf{
-s_ lgof{t Joj;foL kmd{sDkgLnfO{ lgof{t ;DaGwL sfuhftsf] cfwf/df g]kfnL d'b|fdf k|jfx u/]sf]
shf{ / lgof{t k|j4{g pBf]unfO{ k|jfx ePsf] c;n shf{sf] lwtf]df jflif{s !=) k|ltzt b/df
lgof{t k'g/shf{ pknAw u/fOg] 5 .
-v_ lgof{t k'g/shf{ ;'ljwf pkof]u ubf{sf] cjlwdf a}+s tyf ljQLo ;+:yfx?n] ;DalGwt C0fLaf6
jflif{s $=% k|ltzteGbf a9L Aofh lng kfpg] 5}gg\ .
-u_ lgof{t cGtu{t ljb]zaf6 ljb]zL d'b|f cfDbfgL ePsf] cg'udg ;DalGwt a}+s tyf ljQLo ;+:yfn]
ug'{ kg]{5 . ;fy} o:tf] e'QmfgL k|fKt ePsf] ldltn] rf/ sfo{lbgleq k'g/shf{sf] ;fFjf tyf Aofh
Psd'i6 ?kdf e'QmfgL ug'{ kg]{5 .
-3_ lgof{t k'g/shf{sf] xsdf Deemed Exporter eO{ pTkfbg sfo{df ;d]t ;+nUg ePsf] v08df
pTkfbg sfo{df lnPsf] shf{ jf lgof{tsf] nflu lnPsf] shf{ dWo] s'g} Ps txsf] shf{df dfq
lgof{t k'g/shf{ pknAw u/fOg] 5 .
-$_ ;fgf tyf demf}nf pBddf k'g/shf{
-s_ kl/of]hgf shf{sf] ?kdf ;fgf tyf demf}nf pBdx?df a}+s tyf ljQLo ;+:yfaf6 k|jflxt !)
nfv;Ddsf] c;n shf{sf] lwtf] ;'/If0fdf aflif{s %=) k|ltzt Aofhb/df k'g/shf{ ;'ljwf pknAw
u/fOg] 5 .
-v_ o:tf] k'g/shf{ ;'ljwf pkof]u ubf{sf] cjlwdf a}+s tyf ljQLo ;+:yfx?n] ;DalGwt C0fLaf6 !)=)
k|ltzteGbf a9L Aofh lng kfpg] 5}gg\ .
-%_ k'g/shf{sf zt{x?
-!_ ?U0f pBf]unfO{ k|jfx x'g] k'g/shf{ afx]s cGo k'g/shf{ ;'ljwf c;n shf{sf] lwtf]df k|bfg ul/g]
5.
-@_ o; a}+saf6 k|jfx x'g] s'n k'g/shf{ ;'ljwfsf] ;Ldf a}+s tyf ljQLo ;+:yfsf] k|fylds k'FhLsf]
clwstd *) k|ltzt eGbf a9L x'g] 5}g .
-#_ k'g/shf{ ;'ljwf pkof]u ug]{ a}+s tyf ljQLo ;+:yfn] k'g/shf{ jfkt o; a}+ssf] gfddf
tf]lsPsf] 9fFrfsf] td;'s ul/lbg' kg]{5 .
-$_ k'g/shf{ ;'ljwfdf tf]lsPsf] e'QmfgL cjlw cl3 g} k'j{e'QmfgL x'g ;Sg] 5 . k'g/shf{{ e'QmfgL
ubf{ ;fFjf / Aofh ;lxt e'QmfgL ug'{ kg]{5 . o; a}+sn] C0fL a}+s jf ljQLo ;+:yfsf] vftf vr{
-Debit_ u/L /sd c;'n pk/ ug{ ;Sg] 5 . tf]lsPsf] cjlwdf ;fjfFAofh c;'n pk/ x'g
g;s]df tLg k|ltzt k]gfn Aofhb/ sfod u/L c;'n ul/g] 5 .
-%_ k'g/shf{sf] cjlw a9Ldf ^ dlxgfsf] x'g]5 . Ps k6s lnPsf] k'g/shf{ r'Qmf ul/;s]kl5 dfq
k'gM k'g/shf{ dfu ug{ ;lsg]5 .
-^_ k'g/shf{ ;'ljwf k|fKt ul//x]sf a}+s tyf ljQLo ;+:yfx?n] k'g/shf{sf] dfl;s ljj/0f dlxgf
;dfKt ePsf] ldltn] !% lbgleq o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
#!= Electronic Cheque Clearing ;DaGwdf
o; a}+saf6 Ohfhtkqk|fKt a+}s tyf ljQLo ;+:yfx?sf] nflu g]kfn lSnol/ xfp;n] k]z u/]sf] Nepal
Electronic Cheque Clearing (ECC) Rule Book, Nepal Electronic Cheque Clearing (ECC) Operating
Rule / Cheque Standard & Specification nfu" ug]{ / g]kfn lSnol/ xfp; lnld6]8sf] lgodg, lg/LIf0f,
sf/f]af/sf ;DaGwdf b]xfosf] lgodg hf/L ul/Psf] 5 .
314
-!_
ECC sf]
sf/f]af/ ;lsP kZrft ;]6nd]G6sf nflu ECC Rule Book df h'g';'s} s'/f n]lvPsf] ePtf
klg g]kfn lSnol/ xfp; lnld6]8n] On]S6f]lgs dfWodaf6 a}+s tyf ljQLo ;+:yfxsf] vr{ jf
hDdf ug]{ /sdsf] clGtd ;f/f+z (Net Clearing Position) o; a}+ssf] a}+ls sfof{nodf k7fpg]
;DaGwdf lgDg tLg ;qxnfO{ dfq k|f/lDes ?kdf ;~rfng ug]{ M
lSnol/ ;q
Net Clearing Position ;]6nd]G6 x'g] ;do
lgoldt lSnol/ ;q
k|fKt ug]{ ;do

lbpF;f] #M)) ah]
lbpF;f] #M!) ah]
lbpF;f] #M)) ah]
lbpF;f] #M!) ah]
laxfg !!M#) ah]
laxfg !!M$) ah]
(Regular Clearing Session)
k'/fgf 9fFrfsf r]s8f6 lSnol/ ;q

(Non-Standard Cheque/Draft Clearing Session)
klxnf] PS;k|]; lSnol/ ;q

(First Express Clearing Session)
-@_
ECC
-#_
ECC k"0f{ ;~rfngdf cfPkl5 o;

(Payment & Settlement Centre) v8f
sf/f]af/sf] vr{ jf hDdf /sdsf] clGtd ;f/f+z (Net Clearing Position) o; a}+sdf cfPkl5
;DalGwt ;b:oxsf] vftfdf vr{ jf hDdf (Debit or Credit) ug]{ l;nl;nfdf sy+sbflrt vftfdf
/sd ck'u ePdf ;f]sf] Joj:yf ug{ o; a}+sf/f a}+s tyf ljQLo ;+:yfxsf nflu lx;fa ldnfg lbg
(Business Settlement Day) sf nflu k|rlnt a}+sb/ cg'?k Aofh lnO{ /sd k"lt{ ug]{ Joj:yf sfod
ug]{ / ;f] sf] ef]lnkN6 clgjfo{ ?kdf lx;fa ldnfg ug'{kg]{ . sy+sbflrt lx;fa ldnfg x'g g;s]sf]
v08df bf];|f] lbg a}+sb/sf] bf]Aa/, t];|f] lbgb]lv t]Aa/ a}+s b/sf b/n] xhf{gf nufpg] .
a}+ssf] a}+ls sfof{nodf e'QmfgL tyf lx;fa ldnfg s]Gb|
u/L cfjZostf cg';f/ ;f] sfof{non] Payment & Settlement
;DaGwL sfo{sf] ;'kl/j]If0f ug]{ .

-$_ On]S6f]lgs r]s lSnol/ k"0f{ ?kdf ;+rfngdf cfO;s]sf] x'Fbf a}+s tyf ljQLo ;+:yfx?n]
u|fxsnfO{ r]s hf/L ubf{ MICR r]s dfq hf/L ug'{kg]{ 5 . u|fxs;Fu ePsf k'/fgf (Non
MICR) r]ssf] lSnol/ @)&@ ebf} d;fGt;Dd k"j{jt\ ?kdf x'g] / ;f] kZrft MICR r]ssf]
dfq lSnol/ x'g] Joj:yf ldnfOPsf] xF'bf ;f]xL adf]lhd ug'{ u/fpg' x'g of] lgb]{zg hf/L
ul/Psf] 5 . @)&@ c;f]h ! ut] eGbf cl3 lvlrPsf NonMICR r]sx? @)&@ c;f]h
d;fGt;Ddsf nflu ;f]daf/ / laxLaf/ u/L xKtfsf] b'O{ lbg dfq NCHL ECC k|0ffnLdf Non
Standard Session dfkm{t lSnol/ x'g] Joj:yf ldnfOPsf]5 . ;fy}, of] Joj:yfsf ;DaGwdf
a}+s tyf ljQLo ;+:yfx?n] cfkm\gf u|fxsx?nfO{ ;';'lrt ug]{ Joj:yf ;d]t ldnfpg' kg]{5 .
-%_
plNnlvt
Nepal ECC Rule Book, Nepal ECC Operating Manual, and Cheque Standard &
Specification df o; a}+saf6 cfjZostf cg';f/ ;+zf]wg x'g ;Sg] .
-^_
@)&) a}zfv ! ut] b]lv g]kfn /fi6 a}+ssf] jflif{s Sofn]08/ cg';f/sf /fli6o ljbf, pkTosf leq /
aflx/ x'g] ljbfsf lbgx? Affx]ssf cGo lbgdf dfq o; a}+saf6 clGtd lx;fa ldnfg x'g] .
-&_ plNnlvt Nepal ECC Rule Book, Nepal ECC Operating Manual / Cheque Standard &
Specification o;};fy ;+nUg 5 .
-*_ On]S6f]lgs r]s lSnol/ ;DaGwL Joj:yf cGtu{t hf/L Cheque Standard and Specification df
h'g;'s} s'/f n]lvPsf] ePtf klg a}+s tyf ljQLo ;+:yfx?n] MICR r]s 5kfO{ u/L k|of]udf NofpFbf
MICR Code Line df Cheque Serial Number / Bank Code afx]ssf c? Field x? clgjfo{ x'g]
5}g .
#@= ljb]zL d'b|fsf] r]s lSnol/ ;DaGwdf
g]kfn lSnol/ xfp;af6 ldlt @)^*.(.!$ b]lv On]S6f]lgs r]s lSnol/ cGtu{t ljb]zL d'b|fsf] r]s
lSnol/ x'g] ePsf] x'Fbf pQm ldltb]lv ljb]zL d'b|fsf] r]s lSnol/sf] sf/f]af/ ;f]xL lSnol/ xfp; dfkm{t
ug{'u/fpg' kg]{5 . g]kfn lSnol/ xfp;sf] ;b:otf lnO{ g;s]sf a}+s tyf ljQLo ;+:yfx?sf] xsdf
xfnnfO{ k'j{jt Joj:yf cg'?k r]s lSnol/ ul/g] 5 .
315
##= g]kfnL d'b|fsf] r]s lSnol/ ;DaGwdf

-!_ g]kfn lSnol/ xfp; ln= af6 ldlt @)^*.!@.@& ut] b]lv On]S6f]lgs dfWodaf6 g]kfnL d'b|fsf] r]s
lSnol/ x'g] ePsf] x'Fbf pQm ldltb]lv g]kfnL d'b|fsf] r]s lSnol/sf] sf/f]af/ ;f]xL lSnol/ xfp;
dfkm{t ug{'u/fpg' kg]{5 .
-@_ g]kfn lSnol/ xfp; ln= sf] ;b:otf lnO{ g;s]sf a}+s tyf ljQLo ;+:yfx?sf] xsdf csf]{ Joj:yf
geP;Dd k'j{jt Joj:yf cg'?k r]s lSnol/ ul/g] 5 .
#$= ljleGg kqklqsfx?df sd z'Nsdf a}+s Jofn]G; ;l6{lkms]6 pknAw u/fOg] 5 egL lj1fkg k|sflzt x'g]
u/]sf] / o:tf] sfo{ k|rlnt sfg'g adf]lhd o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx? afx]s
cGo JolQm jf ;+:yfn] ug{ gkfpg] Joj:yf /x]sf] x'Fbf a}+s tyf ljQLo ;+:yfx?n] cfgf u|fxsx?nfO{ o;
lsl;dsf] lj1fkg k|sflzt u/L a}+s Aofn]G; ;l6{lkms]6 pknAw u/fpg] sfo{ gug]{gu/fpg] Joj:yf ug{ of]
lgb]{zg hf/L ul/Psf] 5 . olb o;/L lj1fkg k|sfzg u/fO{ Aofn]G; ;l6{lkms]6 hf/L ug]{ u/fpg] sfo{df a}+s
tyf ljQLo ;+:yfx? k|ToIf jf ck|ToIf ?kdf ;+nUg /x]sf] kfOPdf g]kfn /fi6 a}+s P]g, @)%* adf]lhd
sf/jfxL x'g]5 .
#%= vftf /f]Ssfkm's'jf ;DaGwL ;'rgflgb]{zg j]j;fO6af6 x]/L ug]{u/fpg] ;DaGwdf
Ohfhtkqk|fKt a}+sljQLo ;+:yfx?df /x]sf JolQmkmd{sDkgL;+3 ;+:yfx?sf] vftf /f]Ssfkm's'jf
;DaGwL ;'rgflgb]{zgnfO{ o; a}+ssf] j]e ;fO6 http://bfr.nrb.org.np/acstatus df /flvg] Joj:yf /x]sf]
5 . pQm Website df /flvg] ;'rgflgb]{zgdf a}+sljQLo ;+:yfx?sf] kx'Frsf nflu User ID / Password
a}+s tyf ljQLo ;+:yf lgodg ljefuaf6 k|bfg ug]{ Joj:yf ePsf]n] ;DalGwt ;+:yfn] To:tf] User ID /
Password lnO{ o; a}+ssf] j]j;fO6sf] pQm 7]ufgfdf /flvg] ;'rgflgb]{zgnfO{ cflwsfl/s dfgL sfo{jfxL
ug'{kg]{5 . ;f] ;DaGwdf ofS; tyf kqfrf/ gul/g] / j]j;fO6df ePsf] ;'rgf cg';f/sf] sfdsf/jfxL
gePdf ;DalGwt a}+sljQLo ;+:yf g} lhDd]jf/ /xg] 5g\ .
#^= a}+s tyf ljQLo ;+:yf Ps cfk;df ufEg] ufleg] k|flKt k|of]hgsf nflu ;DklQ tyf bfloTjsf]
d"Nofg;d]tsf] cfwf/df to ePsf] ;]o/ d'No cg'kft (Swap Ratio) sf sf/0f km/s x'g cfPsf] art
(Surplus) /sdnfO{ afF8kmfF8 gu/L ;f]em} k'FhLut hu]8fsf]ifdf /fVg' kg]{5 / To:tf] k'FhLut hu]8fsf]ifdf
/x]sf] /sdaf6 Ohfhtkqk|fKt ;+:yfn] gub nfef+z afF8\g kfpg] 5}gg\ .
#&= ca pk|fGt g]kfn /fHol:yt a}+ssf zfvfsfof{nox?n] cfkm";Fu a9L ePsf] /sd l8kf]lh6 ug{ km08
6fG;km/ ubf{ tyf cfkm"nfO{ /sdsf] cfjZos k/L e'QmfgL lng' kbf{ o; a}+ssf kfos kg]{ jf glhssf
sfof{nox? jf o; a}+sn] gf]6sf]if /fv]sf cGo a}+ssf kfos kg]{ jf glhssf sfof{nox?df dfq To:tf]
l8kf]lh6 ug]{ / ;f]xL sfof{nox?af6 dfq e'QmfgL lng] sfo{ ug{' kg]{5 . o;} u/L gf]6sf]if /x]sf a}+s
zfvfx?n] ;d]t cGo a}+ssf zfvfsfof{nox?nfO{ ;/n, ;xh / ;'ne tl/sfaf6 l8kf]lh6 ul/lbg] /
e'QmfgL lbg] ;'ljwf pknAw u/fpg' kg]{5 .
t/ oyf]lrt ;'/Iff Joj:yf u/L s]b|Lo sfof{nosf] k'j{ :jLs[lt lnO{ a}+ssf zfvfsfof{nox?n] glhsdf
/x]sf cfg} jf cGo a}+ssf zfvfsfof{nox? aLr cGt/ zfvfa}+s sf/f]af/ ug{ pko'{Qm Joj:yfn] afwf
k'ofPsf] dflgg] 5}g .
#*= cd]l/sL sfg'g Foreign Account Tax Compliance Act (FATCA), 2010 cg';f/ u}/ cd]l/sL ljQLo
;+:yfx?n] cd]l/sL s/bftf / pgLx?sf] :jfldTj ePsf lgsfox?sf] sf/f]af/sf] ljj/0f cd]l/sL cfGtl/s
/fhZj ;]jfnfO{ hfgsf/L u/fpg' kg]{ Joj:Yff /x]sf] 5 . pQm sfg'g cg';f/ sf/f]af/sf] hfgsf/L u/fpg]
lgsfox?df o; a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yfx? ;d]t kg]{ x'Fbf lt ;+:yfx?n] sf/f]af/sf]
ljj/0f cfbfg k|bfg ug{ g]kfn ;/sf/n] cd]l/sL ;/sf/;Fu cGt/;/sf/L ;Demf}tf -Inter-Governmental
Agreement) ug'{kg]{ Joj:yf /x]sf] 5 . t/, g]kfn ;/sf/n] o; ;DaGwdf cGt/;/sf/L ;Demf}tf
ul/g;s]sf] cj:yfdf j}slNks Joj:yf ;/x a}+s tyf ljQLo ;+:yfx?n] cd]l/sL cfGtl/s /fhZj ;]jfsf]
j]e;fO{6 www.irs.gov/fatca-registration df btf{ eO{ cd]l/sL s/bftfx?sf] vftf ;DaGwL ljj/0f pknAw
u/fpg' kg]{ x'Fbf ;f]xL adf]lhd ug{'u/fpg' kg]{5 . o; lgb]{zg adf]lhd cd]l/sL cfGtl/s /fhZj ;]jfnfO{
vftf ;DaGwL ljj/0f pknAw u/fpFbf ;DalGwt ;+:yfn] cfgf ;DalGwt u|fxssf] lnlvt ;xdlt lnO{
;'rgf k|bfg ug]{ Joj:yf ldnfpg' kg]{5 .
#(= a}+s tyf ljQLo ;+:yfx?df u|fxsx?n] gub jf r]saf6 vftfdf /sd hDdf ubf{ ;f]sf] System Printed k|df0f
ef}r/df @)&# ;fpg ! b]lv clgjfo{ ?kdf pNn]v ug]{ Joj:yf ldnfpg' kg]{ 5 .
316
$)= vf/]hL / jrfpm
-@_
PsLs[t lgb]{zg, @)&! sf] ljljw ;DaGwL Joj:yf O=k|f=lgb]{zg g+= @@)&! af6 hf/L ul/Psf] lgb]{zg
tyf ;f] kZrft ldlt @)&@ c;f/ d;fGt;Dd hf/L ePsf pko{'Qm ljifo;Fu ;DalGwt ;Dk"0f{ kl/kqx? .
b|i6JoM PsLs[t lgb]{zgsf] ljljw Joj:yf ;DaGwL lgb]{zgdf o; cl3 ;dfj]z ePsf sfnf];"rL ;DaGwL sf/jfxL
/ km's'jf ;DaGwL lgb]{zgkl/kq tyf cg';"rLx?, Tamil Rehabilitation Organization (TRO) ;DaGwL
kl/kq tyf ;f] ;DaGwL cg';"rLx?, ;xsf/L / ljQLo dWo:ytf ug]{ u}/ ;/sf/L ;+:yfx?nfO{ hf/L lgb]{zg
Pjd\ Psk6s dfq k|of]udf cfO{ k|efj ;dfKt x'g] vfnsf kl/kqx? o; lgb]{zgaf6 x6fO{ ;DalGwt k'j{
kl/kqlgb]{zgx? -o; a}+ssf] Website: www.nrb.org.np sf] Archive df ;d]t pknAw ePsf]_ af6} nfu"
x'g] Joj:yf sfod ul/Psf] 5 .
cg';"rL @#=!
k'g/shf{ td;'ssf] gd"gf

lnlvtd wgLsf gfd sf=lh= sf=d=g=kf= j8f g+= !! yfkfynLl:yt g]kfn /fi6 a}+s, a}ls sfof{no cfu] ;f] /sd C0f lng]
C0fLsf] gfd ========, s]Gb|Lo sfof{no /x]sf]================ a}+sljQLo ;+:yf lnld6]8n] g]kfn /fi6 a}+saf6 k'g/shf{ k|bfg ug{]
317
;DaGwdf g]kfn /fi6 a}+s P]g, @)%* sf] bkmf $( n] u/]sf] Joj:yf cGtu{t g]kfn /fi6 a}+s;Fu cfhsf ldltdf ?= ============
==========-cIf/]kL ================================================ ============== dfq_ shf{ lnPsf] 7Ls ;fFrf] xf] . pQm shf{ lnPsf] /sd afkt
C0fLn] cfgf] lgDg adf]lhdsf] u|fxs C0fLnfO{ k|jfx u/]sf] shf{ dWo] ;+nUg ljj/0f cg';f/sf] shf{ / k'g/shf{sf] nflu o;
a}+snfO{ n]lvlbPsf] td;'s k'g/shf{ ;'ljwfsf] nflu lwtf] ;'/If0fsf] ?kdf /flvlbPsf 5f}+ . tkl;n adf]lhdsf] lwtf] ;'/If0fdf
/flvPsf] shf{sf] ljj/0f tyf zt{x? / o; ;DaGwdf g]kfn /fi6 a}+saf6 hf/L ljBdfg gLltut Joj:yf tyf g]kfn /fi6 a}+sn]
;do ;dodf tf]s]sf] zt{dfkb08 kfngf ug]{5f}F . zt{x? kfngf gu/]df pQm lwtf] tyf C0fL a}+ssf] cGo rncrn ;DklQ
;d]taf6 pQm /sd c;'n u/L lng' egL a}+s tyf ljQLo ;+:yfsf] ;~rfns ;ldltsf] lg0f{o;xdlt ;d]t /x]sf]n] g]kfn /fi6
a}+s, a}+ls sfof{no, yfkfynL, sf7df8f}+df a;L of] td;'s n]vL wgL g]kfn /fi6 a}+sdf r9fof}+ .
tkl;n
s=
lwtf]sf] ljj/0f
kl/of]hgfsf] gfd
lwtf] ;'/If0fdf /flvPsf] shf{sf] ljj/0f
g]kfn /fi6 a}+saf6 k|fKt k'g/shf{
v= zt{x?M
1. a9Ldf ^ dlxgf cjlwsf nflu dfq of] k'g/shf{ ;'ljwf k|bfg ul/Psf] 5 .
2. k'g/shf{ afkt wgL a}+snfO{ jflif{s ;os8f == k|ltztsf b/n] Aofh;lxt Psd'i6 ?kdf ;fFjf Aofh a'emfpg' kg]{5 .
3. k'g/shf{ dfu ubf{ ;DalGwt a}+sn] shf{df lnPsf] Aofhb/ o; a}+sn] tf]s]sf] Aofhb/df a9Ldf === k|ltzt;Dd yk Aofh
sfod ug{ ;Sg]5 .
4. lgwf{l/t ;doleq k'g/shf{ e'Stfg gu/]df # k|ltzt k]gfn Aofhb/ nfUg] 5 . g]kfn /fi6 a}+sn] C0fL a}+s jf ljQLo
;+:yfsf] vftf vr{ -Debit_ u/L /sd c;'n pk/ ug{ ;Sg]5 .
5. k'g/shf{ pkef]u u/]sf a}+s tyf ljQLo ;+:yfx?n] ;fFjfAofh e'StfgL Dofb ;dfKt ePsf] lbg
;f] /sd e'StfgL gu/]df g]kfn /fi6 a}+sl:yt ;DalGwt ;+:yfsf] h'g;'s} vftf vr{ n]vL shf{ c;'npk/ ul/ lng / ;f]
sf] vr{ ug]{ clVtof/L g]kfn /fi6 a}+snfO{ lbOPsf] 5 . o;df kl5 s'g} ph'/L jf bfjL ul/g] 5}g .
6. lwtf]sf] ?kdf g]kfn /fi6 a}+snfO{ lbOPsf] td;'sdf plNnlvt shf{sf] hf]lvdtf nufot ;a} lhDd]jf/L ;DalGwt
a}+sljQLo ;+:yfs} x'g]5 .
7. C0fL a}+sn] lwtf] :j?k /fv]sf] td;'sdf pNn]v ePsf] u|fxssf] rncrn dfn a:t' / g]kfn /fi6 a}+saf6 shf{ lnO{
nufgL u/]sf] pBf]u tyf Joj;fo ;d]tsf] g]kfn /fi6 a}+sn] h'g;'s} avt lg/LIf0f ubf{ pknAw u/fpg' kg]{5 .
8. g]kfn /fi6 a}+sn] k|bfg u/]sf] k'g/shf{ ;'ljwfsf] ;DaGwdf ;do ;dodf ljj/0f dfu]sf] avt tf]lsPsf] Dofbleq C0fL
a}+sn] pknAw u/fpg' kg]{5 .
9. lwtf] ;'/If0fdf lnOPsf] ;'/If0fdf klxnf] bfjL (First Charge) g]kfn /fi6 a}+ssf] x'g]5 .
10. C0f k|of]u ;DaGwdf o;};fy ;+nUg gLltut zt{ tyf dfkb08x? kfngf ug]{ k|lta4tf JoQm ul/Psf] 5 . ;f] adf]lhd
gu/]df k|rlnt g]kfn /fi6 a}+s P]g, @)%* tyf a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# cg';f/ ;hfo ePdf d~h'/L
5.
11. zt{ / dfkb08df cfjZostf cg';f/ g]kfn /fi6 a}+sn] kl/dfh{g jf ;+zf]wg ug{ ;Sg]5 .
g]kfn /fi6 a}+ssf] tk{maf6 clVtof/k|fKt JolQm

=========a}+sljQLo ;+:yfsf] tk{maf6 clVtof/k|fKt JolQm
b:tvt M
b:tvt M
gfd
M
gfd M
kb
M
5fkM
kb M
5fk M
ljefusfof{no M
ljefusfof{noM
Olt ;Dat\ @) == ;fn ============ dlxgf =======ut] /f]h ======= z'ed\
318
cg';"rL @#=@
shf{ ljj/0f
qm=;+=
C0fLsf] gfd
shf{
zLif{s
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LONG FORM AUDIT REPORT

Of
.. LIMITED
For the year ended .. Ashad 20

(Corresponding to ..July 20)
Auditor:
M/s
.
322
1.
AUDIT APPROACH
1.1
1.2
1.3
1.4
2.
Brief description of the Audit plan with focus on the following areas, at minimum:
Declaration of Independence of Audit Firm and Members
Standards followed
Composition of the audit team
Audit schedule
Brief description of the Audit process and procedures
Audit areas' Risk Assessment
Audit procedures adapted to mitigate identified Audit Risks
Quality control mechanism
Brief description of the Sampling Procedure and sample size
Sampling methodology
Sample size
Use of system based approaches
Remarks on the execution of audit plan
Execution of audit and the audit plan
Problems encountered during the audit, if any
Limitations of scope of Audit, if any.
RISK MANAGEMENT SYSTEMS

Opinion on the following:
2.1
2.2
2.3
Credit Risk Management Systems

2.1.1
Brief description and comment on the adequacy of credit appraisal systems,
2.1.2
Brief description and comment on the adequacy of credit monitoring systems,
2.1.3
Brief description and comment on the adequacy of the credit recovery systems,
2.1.4
Adequacy of Policies and procedure for Write off of Loans,
2.1.5
Adequacy of Policies, guidelines and Controls over Off Balance Sheet Items,
2.1.6
Comment on the concentrations in the credit and investment portfolio,
2.1.7
Risk Management Committees and their effectiveness,
2.1.8
Overall audit opinion on Credit risk management,
Market Risk (Interest Rate, Liquidity and Foreign Exchange) Management Systems,
2.2.1
Adequacy of policies, procedures and guidelines for the market risk management,
2.2.2
Adequacy of the system for measuring, monitoring and mitigation of Market risk,
2.2.3
Risk Management Committees and their effectiveness,
2.2.4
Overall audit opinion on Market & liquidity risk management.
Operational Risk Management System

2.3.1
Adequacy of policies, procedures and guidelines for the Operational risk management.
2.3.2
Adequacy of the system for measuring, monitoring and mitigation of Operational Risk.
2.3.3
Risk Management Committees and their effectiveness
2.3.4
Overall audit opinion on Operational risk management.
323
3.
INTERNAL CONTROL SYSTEMS

Opinion on the following areas:
3.1
Effectiveness of the Audit committee
3.2
Effectiveness of the Internal Audit Function
3.3
Rectification of the deficiencies identified in the previous internal and external audit reports
3.4
Adequacy of the controls in Credit operations
3.5
Adequacy of the controls in Treasury operations
3.6
Adequacy of the controls in Branch operations
3.7
Adequacy of control over Nostro Bank Operations
3.8
Adequacy of the controls in procedures related to expenditure
3.9
Adequacy of the control over fixed assets
3.10 Adequacy of the Management Information System (MIS)

3.11 Adequacy of controls over e-banking and Card Operations
3.12 Adequacy of controls in Information Technology and related support functions.
3.13 Effectiveness of the Inter-branch and agency Reconciliation function
3.14 Adequacy of controls to prevent and/or minimize Fraud and forgeries
3.15 Instances of Fraud and Forgery in the review period
3.16 Existence, adequacy & effectiveness of system audit
3.17 Other Control Issues, if any
3.18 Auditors overall assessment of the internal control system
4.
COMPLIANCE WITH APPLICABLE RULES AND REGULATIONS

Prevailing Statute, Act, Directive and Regulation, at minimum, in the following areas
4.1
Nepal Rastra Bank Act 2058

State whether the conditions as stipulated in Section 86 of Nepal Rastra Bank Act 2058 prevails,
if yes please specify.
4.2
4.3
Bank and Financial Institution Act 2063

4.2.1
Whether fees and benefits of Chairman and board members are as specified in
AOA/MOA
4.2.2
Appointment, qualification and benefits of the chief executive
4.2.3
Profit Appropriation to General Reserve
4.2.4
Appropriation to Exchange Fluctuation Reserve
4.2.5
Distribution of Dividend
4.2.6
Whether the activities are within the scope as defined by BAFIA?
4.2.7
Whether prohibited activities are being pursued?
4.2.8
Control & notification of dormant deposit accounts and unclaimed dividend
Foreign Exchange Rules and Regulations

4.3.1
Whether payments of goods imported and service import are made as per circulars.
4.3.2
Whether deposit accounts of foreign currency are opened and operated as per circulars.
4.3.3
Whether card transactions are done as per circulars.
4.3.4
Whether foreign exchange transactions are properly recorded and reported in a timely
manner.
324
4.4
4.5
4.3.5
Whether investment in foreign currency are made as per standard approved by the Board
of Directors.
4.3.6
Whether payments of exports are received and reported timely as per circulars.
4.3.7
Whether transactions of Indian currency are made as per circulars.
Minimum Capital fund (Directive No. 1)

4.4.1
Computation of Core Capital, Supplementary Capital and Capital Fund
4.4.2
Computation of Risk Weighted Assets
4.4.3
Comment on the Capital Plan
4.4.4
Overall opinion on capital adequacy
Loan Classification and Loan Loss Provisioning (Directive No.2)

4.5.1
Comment on the Assets Quality and Classification
4.5.2
Adequacy of Loan Loss Provisions
4.5.3
Whether the rescheduling/restructuring comply with the provisions of the directive
4.5.4
Loan Loss Provisions in case of restructuring and rescheduling of loans
4.5.5
Loan Classification and loan loss provision in respect of force loans
4.5.6
Loan Classification and loan loss provision in respect of loan against personal/corporate
guarantees
4.5.7
Whether the adjustment and Write back of loan loss provision comply with the provisions
of the directive
4.5.8
Overall opinion on Loan classification & provisioning
4.6 Single Obligor Limit & Sectoral Cedit Limit (Directive No.3)
4.6.1
Bank's procedures to identify a group of related borrowers
4.6.2
Comment on the Facilities in excess of Single Obligor Limits, if any
4.6.3
Loan Loss Provision in case of borrowers availing facilities in excess of the SOL
4.6.4
Review and ratification mechanisms for excessive exposures in respect of sectoral credit.
4.6.5
Comments on any exceptions on loan to real estate sector.
4.7 Acounting Policy & Format of the Financial Statement (Directive No.4)
4.8
4.9
4.7.1
Comment on the Consistency of the Accounting Policies and financial reporting

framework.
4.7.2
Recognition of interest income from loans and advances
4.7.3
Reconciliation of Interest Receivable and Interest Suspense
4.7.4
Recognition of other interest, fees and commission and expenses.
4.7.5
Publication of annual accounts and periodical highlights
4.7.6
Non-compliance/deviations in accounting policies followed as compared to prescribed

accounting policies by NRB/Nepal Accounting Standard
Risk Minimization (Directive No 5)

4.8.1
Mechanisms to minimize liquidity risk
4.8.2
Use of GAP Analysis and other mechanisms to measure and manage interest rate risk
4.8.3
Mechanisms to minimize foreign exchange risk
Corporate Governance (Directive No.6)

4.9.1
Formulation and implementation of required plans, policies and guidelines
325
4.9.2
Code of conduct of Directors, Chief Executive and Employees
4.9.3
Cases of conflict of interest of Directors, Chief Executive and Employees
4.9.4
Mechanism to identify related parties promoters, directors or senior management.
4.9.5
Lending to directors, chief executive, employees (except as per employee rules) and their
related parties, if any
4.9.6
Level of Corporate governance and compliance of directives related to corporate

governance
4.10 Implementation of Supervisory Findings (Directive No.7)

Auditor's finding on the status of compliance of directions given by NRB based on its onsite
inspections and offsite supervision
4.11 Investments (Directive No.8)
4.11.1 Investments in unlisted companies
4.11.2 Investment in companies with financial interest
4.11.3 Investment in shares of other bank/FIs
4.11.4 Investments arising out of Underwriting Commitments
4.11.5 Investment in shares and debentures exceeding the limits
4.11.6 Review of the investment portfolio
4.11.7 Adequacy of provisioning requirements
4.11.8 Adequacy of investmet adjustment fund requirements
4.12 Reporting Requirements (directive No.9)
Comment upon the reliability of mechanism used for NRB reporting and the accuracy of such
returns
4.13 Sale or Transfer of Promoters Share (Directive No. 10)
4.13.1 Sale or transfer against the statutory requirements
4.13.2 Sale or pledge of promoter shares, during the lock-in period
4.13.3 Where the promoter of the Bank is an entity, unauthorized transfer of ownership of such
entity
4.13.4
Where the promoter of the Bank is an entity, the availability of audited financial
statement of such entity for verification
4.14 Consortium Financing (Directive No.11)

4.14.1 Formation and dissolution of consortium
4.14.2 Fulfillment of the specified duties of lead bank/member bank, where applicable.
4.14.3 Frequency of consortium meetings where it is lead bank/FI
4.14.4 Adherence to the spirits of consortium
4.15 Credit Information and Blacklisting (Directive No.12)
4.15.1 Periodic Submission of information to CIC
4.15.2 Mechanism to obtain required information from borrowers
4.15.3 Credit Information at the time of sanction/renewal/restructuring/rescheduling of facilities
4.15.4 Recommending defaulted borrower to the CIC for blacklisting
4.15.5 Lending to individual/firm/company included in the blacklist
4.16 Cash Reserve/Statutory Liquidity Requirement (Directive No. 13)
4.16.1 Comment on any exceptions on the maintenance of CRR as stipulated by the directive
326
4.16.2 Comment on any exceptions on the maintenance of SLR as stipulated by the directive
4.17 New Branch/Office Operation (Directive No. 14)
4.17.1 Unauthorized branches/offices/extension counters/remittance counters
4.17.2 Unauthorized transactions
4.18 Interest Rates (Directive No. 15)
4.18.1 Interest rate determination procedures
4.18.2 Mechanism to determine cost of fund, yield on earning assets and interest spread
4.18.3 Publication of interest rates
4.19 Mobilization of Financial Resources (Directive No. 16)
4.19.1 Concentration of deposits
4.19.2 Resource mobilization beyond the limit
4.19.3 Issuance of debenture and other debt instruments
4.20 Deprived Sector Lending (Directive No.17)
4.20.1 Comment on the exceptions observed in the deprived sector lending
4.20.2 Whether the loans classified as deprived sector lending meet the stipulated pre-requisite
conditions
4.20.3 Monitoring mechanism for utilization of deprived sector lending on a half yearly basis
4.21 Merger, Acquisition and Upgradation (Directive No.18)
4.21.1 Fulfillment of the specified requirements for upgradation by the financial institution,
where applicable
4.21.2 Whether the minimum capital, capital structure meet the stipulated pre-requisite
conditions for merger and/or acquisition, where applicable
4.21.3 Trading status of stocks in the stock exchange
4.21.4 Compliance of regulatory provisions on the Merger, Acquisition and Upgradation
including Fit & Proper Test mentioned in BAFIA, 2063 NRB Act, 2058 and Unified
Directives
4.21.5 Overall opinion on Merger, Acquisition and Upgradation
4.22 AML/CFT (Directive No.19)
4.22.1 AML/CFT policies, procedures and practices formulated and followed
4.22.2 Adequacy of mechanism, procedures and documents for customer due diligence
4.22.3 Adequacy of risk based customer classification and monitoring
4.22.4 Mechanism, procedures and documents for customer due diligence
4.22.5 Protection of information and documents, including electronic data, of the customer till
the period stipulated in the Act and regulations
4.22.6 Adequacy of filing and reporting of threshold transactions to Financial Information Unit
(FIU)
4.22.7 Adequacy of filing and reporting of the suspected cases to the internal management and
concerned supervisory authorities. Cases of reporting of money laundering and suspected
financing to terrorism to FIU
4.23 Subsidiary Company (Directive No.20)
4.23.1 Compliance of directives of Investment in shares and other securities of subsidiary(ies).
4.23.2 Adequacy of consolidation of transactions with the subsidiary(ies).
327
4.23.3 Harmonized implementation of policies, procedures and systems of holding company in

the subsidiary(ies).
4.23.4 Transactions not based on competitive market price or unauthorized transactions or
transactions not based on Arm's Length relation.
4.23.5 Overall level of disclosure of Related Party Transactions in the periodic financial returns.
4.24 E-banking Directives (Directive No.21)
4.24.1 E-banking policies and procedures formulated and followed
4.24.2 Adequacy of security maintained in the e-banking trasactions
4.24.3 Adequacy of conditions on bilateral agreement with agents and third party
4.25 Miscellaneous Directives (Directive No.22)
4.25.1 Whether insurance agency service offered to its clients
4.25.2 Authenticity of computer software used
4.25.3 Preparation of documents in the devnagari script of Nepali language as stipulated in the
directives
4.25.4 Adequacy of security maintained in SWIFT transaction
4.25.5 Compliance of taxation, including TDS, and mandatory provisions made by fiscal policy
of Government of Nepal
4.25.6 Safe Deposit Vault, Locker Service availed
4.25.7 Compliance of regulations and laws with respect to Auction
4.25.8 Technical Service Agreement, TSA reached, where applicable
4.25.9 Adequacy of policies, procedures and mechanism of transactions on derivative products,
where applicable
4.25.10 Use of Refinancing Facilities availed by the NRB made as per the agreement
4.26 Transparency and level of economy in the capital and operating expenditures.Whether Financial
Administration Bye-laws is adhered to while incurring such expenditures
4.27 Compliance with internal rules, regulations and guidelines
Comment on the overall state of compliance with the internal rules, regulations and guidelines
4.28 Overall compliance of laws, regulations, circulars, directives and guidelines
Comment on the overall state of compliance with the laws, regulations, circulars, directives &
guidelines
5.
6.
OTHERS
5.1
Whether guarantees, all other contingent liabilities and off balance sheet exposures are properly
recorded and disclosed
5.2
Whether banks have entered into any contracts with related parties including the promoters,
directors, shareholders holding more than 1% and their undivided family
5.3
Compliance of pre-requisite conditions for Purchase of fixed assets
5.4
Any comments or issues, which the auditor feels appropriate to be communicated to the
supervisor and is not covered by the above
CONCLUSION
6.1 Type of Audit opinion expressed in the final audit Report
6.1.1
Unqualified
6.1.2
Qualified
6.1.3
Adverse
328
6.1.4
Disclaimer
6.2 Main reason for the qualified, adverse or disclaimer opinion on the financial statement produced,
where applicable.
6.3 Areas of operation where it is exposed to excessive risk
6.4 The risk areas where bank/FI has not been able to properly address these risks
6.4 Comment on the Major Problems faced by the Bank/FI
6.5 Overall opinion of the auditor on the operation and financial standing of the Bank/FI
329
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shf{df o; a}+saf6 k'g/shf{ ;'ljwf pknJw u/fOg] 5 M
zt{ tyf Joj:yfx? M
-!_ k'g/shf{sf] clwstd ;Ldf sf7df08f} pkTosfdf k|lt 3/kl/jf/ ? @% nfv / pkTosf afx]ssf k|efljt
lhNnfdf ? !% nfv ;Ddsf] C0f ;'ljwfsf] cfjf;Lo 3/ k'glg{df{0f k|of]hgsf nflu dfq x'g]5 . pQm ;Ldf
eGbf a9L k|jfx ePsf] shf{sf] /sddf k'g/shf{ ;'ljwf k|bfg ul/g] 5}g .
-@_ of] ;'ljwf C0fL tyf lghsf] kl/jf/df a:g of]Uo cfjf;Lo 3/ gePsf] cj:yfdf dfq pknJw u/fOg] 5 .
-#_ a}+s tyf ljQLo ;+:yfn] cfjf;Lo 3/ k'glg{df{0f k|of]hgsf] nflu k|bfg ug]{ C0fdf clwstd @ k|ltzt ;Dd
dfq Aofhb/ lng' kg]{5 . ;f] k|of]hgsf] nflu g]kfn /fi6 a}+sn] z"Go Jofhb/df k'g/shf{ ;'ljwf pknJw
u/fpg] 5 .
-$_ a}+s jf ljQLo ;+:yfn] pko'{Qm adf]lhdsf] shf{df Aofhb/ kl/jt{g ug{ kfpg] 5}gg\ . o:tf] shf{df Aofh
tyf t]>f] kIfnfO{ e'QmfgL ug'{ kg]{ -aLdf, lwtf] d"Nof+sg, shf{ ;"rgf, shf{ ;'/If0f z'Ns_ nfut a/fa/sf]
z'Ns afx]s cGo s'g} klg k|sf/sf] z'Ns lng kfOg] 5}g .
-%_ z'?sf] Ps jif{ u|]; cjlw x'g] u/L o:tf] shf{sf] Go'gtd cjlw % jif{ / clwstd !) aif{;Ddsf] x'g]5 .
s'g} C0fLn] cu|Ld e'QmfgL ug{ rfx]df s'g} klg k|sf/sf] cu|Ld e'QmfgL z'Ns nfUg] 5}g . o:tf] k'g/shf{
;'ljwf Ps k6ssf] nflu a9Ldf ! aif{sf] nflu dfq k|bfg ul/g] 5 / ljBdfg sfg"gL Joj:yfsf] clwgdf
/xL lg/Gt/tf x'g] Joj:yf ldnfOg] 5 .
t/, a}+s tyf ljQLo ;+:yfaf6 3/ shf{ pkef]u ul//x]sf C0fLx?sf] ;f]xL 3/ Ifltu|:t eO{ k'gM shf{ lng'
k/]sf] cj:yfdf shf{sf] cjlw a9Ldf kGw| aif{ ;Dd x'g]5 .
-^_
-&_
-*_
-(_
-!)_
-!!_
a}+s jf ljQLo ;+:yfn] cfjf;Lo 3/ k"glg{df{0f shf{ k|jfx ubf{ lgdf{0f k|ultsf cfwf/df slDtdf rf/
r/0fdf e'QmfgL x'g] u/L k|jfx ug'{kg]{5 . t/, a'Fbf g+= !$ adf]lhd k|jfx ul/Psf] shf{sf xsdf eg] of]
Joj:yf clgjfo{ x'g] 5}g .
cfjf;Lo 3/ k'glg{df{0f ubf{ /fli6o ejg ;+lxtf tyf e"sDk k|lt/f]wfTds dfkb08sf] kfngf u/]sf] x'g' kg]{5
.
a}+s jf ljQLo ;+:yfn] g]kfn ;/sf/sf] ;DjlGwt lgsfo jf :yfgLo lgsfo
gu/kflnsfpkdxfgu/kflnsfdxfgu/kflnsfj8f sfof{nouf=lj=;=_ sf] e"sDk kLl8t eO{ cfjf;Lo
3/ Ifltu|:t ePsf] / C0fLsf] kl/jf/df cGo s'g} cfjf;Lo 3/ gePsf] k|df0f clgjfo{ ?kdf lng'kg]{5 .
e"sDkkLl8tsf nflu o; a}+saf6 k|jfx ul/g] s'n k'g/shf{sf] ;Ldf k|To]s a}+s jf ljQLo ;+:Yffsf nflu ;f]
;+:yfsf] k|fylds k'FhLsf] *) k|ltzt ;Dd dfq x'g]5 .
o:tf] shf{ ;fdfGotM jLdf u/]sf] x'g'kg]{5 . shf{sf] aLdf u/]sf] cj:yfdf shf{ juL{s/0fsf cfwf/df x/]s
ju{df sfod ug'{kg{] shf{ gf]S;fgL Joj:Yffsf] @% k|ltztsf b/n] dfq shf{ gf]S;fgL Joj:yf sfod ug{
;lsg]5 .
o:tf] k'g/shf{ ;'ljwf k|fKt ul//x]sf a}+s tyf ljQLo ;+:yfx?n] k'g/shf{sf] dfl;s ljj/0f -cg';'rL_
dlxgf;dfKt ePsf] ldltn] !% lbgleq o; a}+ssf] ;DalGwt ;'kl/j]If0f ljefudf k]z ug'{ kg]{5 .
333
-!@_ k"FhLsf]if u0fgf k|of]hgsf nflu o;/L k|jfx ul/Psf] shf{sf] hf]lvd ef/ cfjf;Lo 3/ shf{ ;/x ^)
k|ltzt x'g]5 .
-!#_ o:tf] k'g/shf{ a}+s tyf ljQLo ;+:yfn] k|jfx u/]sf] shf{sf] lwtf]df k|bfg ul/g]5 .
-!$_ 3 ju{sf n3'ljQ ljQLo ;+:yfx?sf] l;kmfl/zdf To:tf ;+:yfsf u|fxsx?nfO{ ?= @ nfv ;Dd s, v
/ u ju{sf a}+s tyf ljQLo ;+:yfx?n] k|bfg u/]sf] shf{df ;d]t of] k'g/shf{ k|bfg ul/g]5 . o:tf]
shf{sf] xsdf jf 3 ju{sf n3'ljQ ljQLo ;+:yfx?sf] l;kmfl/z lagf s, v / u ju{sf a}+s tyf
ljQLo ;+:yfx?n] k|ToIf ?kdf k|jfx u/]sf] ?= @ nfv ;Ddsf] shf{sf xsdf aF'bf g+= & sf] /fli6o ejg
;+lxtf ;DaGwL Joj:yf clgjfo{ x'g] 5}g . a}+s tyf ljQLo ;+:yfn] k|jfx u/]sf] o:tf] shf{nfO{ ljkGg ju{
shf{df u0fgf ul/g]5 .
-!%_ o:tf] shf{ k|jfx ubf{ a}+s jf ljQLo ;+:yfn] ;DalGwt ;+:yfsf] ljBdfg 3/shf{ ;DaGwL gLltut Joj:yfsf]
clwgdf /xL u|fxssf] shf{ ltg{ ;Sg] Ifdtf nufot ;'/If0fsf :ki6 cfwf/ lnO{ shf{ :jLs[t tyf k|jfx
ug'{kg]{5 .
dfly plNnlvt zt{ tyf Joj:yfsf clwgdf /xL k|jfx ePsf] shf{df g]kfn /fi6 a}+s, a}+s tyf ljQLo ;+:yf
lgodg ljefu, s]Gb|Lo sfof{no afn'jf6f/df ;Dks{ u/L a}+s tyf ljQLo ;+:yfx?n] k'g/shf{ ;'ljwf lng ;Sg]5g\
.
cg';"rL
ldlt M @)&== == ==
g]kfn /fi6 a}+s,
=====================;'kl/j]If0f ljefu,
sf7df08f}+ .
ljifoM k'g/shf{sf] dfl;s ljj/0f .
dxf]bo,
To; ljefusf] k=;+= =============== ================== ldlt =============== =================df hf/L e"sDk k|efljt
3/kl/jf/nfO{ cfjf;Lo 3/ shf{sf nflu k|bfg ul/g] k'g/shf{ sfo{ljlw, @)&@ cg';f/ o; ;+:yfn] pkef]u u/]sf]
k'g/shf{ tyf ;f] k'g/shf{ ;'ljwf adf]lhd k|jfx ePsf] shf{sf] dfl;s ljj/0f b]xfo adf]lhd /x]sf] 5 .
shf{sf] ljj/0f -ldlt M @)& ====_
qm=;+= C0fLsf]
shf{ k|jfx
clGtd
shf{sf]
k'g/shf{ ljj/0f
s}lkmot
gfd
ldlt
e'QmfgL
aSof}tf
lnPsf] ldlt
/sd
ldlt
* dlxgf ;dfKt ePsf] !% lbgleq k]z ug]{ .
===================== a}+sljQLo ;+:yfsf] tk{maf6

b:tvt M
gfd M
kb
M
5fk M
ljefusfof{no
334
kq ;+Vof M a}=lj=lg=lj=gLltkl/kqsvu@&)&!&@
ldltM @)&@)@@$
dxfzo,
o; a}+saf6 Ohfhtkqk|fKt s, v / u ju{sf a+}s tyf ljQLo ;+:yfx?nfO{ b]xfo adf]lhdsf]
gLltut Joj:yf sfod ul/Psf] xF'bf ;f]xL adf]lhd ug{'u/fpg' x'g g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n]
!= e"sDk k|efljt lhNnfdf zfvf sfof{no vf]Ng] ;DjGwL ljz]if Joj:yfM
xfn}sf] e"sDksf sf/0f a}+ls ;]jfsf] ;xh pknAwtfdf x'g uPsf] cj/f]wnfO{ dWogh/ u/L e"sDk
k|efljt lhNnfx?df a}+ls ;]jfsf] ;xh pknAwtf / kx'Fr j[l4sf nflu zfvf, Mobile Banking,
Branchless Banking tyf 3'DtL a}+ls ;]jf ;+rfng ug{ sf7df08f}+ pkTosf, ag]kf, w'lnv]n tyf e"sDk
k|efljt lhNnfsf] ;b/d'sfd afx]ssf :yfgx?dWo] a}+s tyf ljQLo ;+:yf gePsf] ahf/ s]Gb|uf=lj=;=df
zfvf vf]Ng o; a}+ssf] :jLs[lt cfjZos kg]{ 5}g . a}+s tyf ljQLo ;+:yfsf] ;+rfns ;ldltaf6 o;/L
zfvf vf]Ng lg0f{o ePsf] ldltn] & lbg leq cg';"rL !$=! adf]lhdsf] 9fFrfdf o; a}+snfO{ hfgsf/L
u/fpg' kg]{5 . ;fy}, a}+s tyf ljQLo ;+:yfn] zfvf vf]Ng lg0f{o u/]sf]] ldltn] @ dlxgfleq zfvf sfof{no
vf]nL sf/f]jf/ ;+rfng ul/;Sg' kg]{5 .
@= o; a}+saf6 a}+s tyf ljQLo ;+:yfx?nfO{ hf/L ul/Psf] PsLs[t lgb]{zg, @)&! sf] O=k|f=lgb]{zg g+= !( sf]
aF'bf g+= # sf] pkaF'bf -$_ df b]xfosf] jfSof+z yk ug]{ .
o;}u/L, e"sDk k|efljt lhNnfsf ;j{;fwf/0fn] gful/stf k|df0fkq gePsf] cj:yfdf g]kfn ;/sf/af6
pknAw u/fOPsf] e"sDk kLl8t k|df0fsf] cfwf/df ;d]t vftf vf]Ng ;Sg] 5g\ .
ejbLo,
-lzjgfy kf08]_
sf=d'=sfo{sf/L lgb]{zs
335
kq ;+Vof M a}=lj=lg=lj=gLltkl/kqsvu@*)&!&@
ldltM @)&@)#)!
dxfzo,
g]kfn ;/sf/ cy{ dGqfno ljQLo If]q Joj:yfkg dxfzfvfsf] k=;+= lj=If]=Jo= @)&))&!, r=g+= ^@% ldlt
@)&@)@@$ sf] kqfg';f/ g]kfn ;/sf/af6 ldlt @)&@@@! ut] b]xfo adf]lhdsf] lg0f{o ePsf]] / ;f] sf]
sfof{Gjogsf nflu cg'/f]w eO{ cfPsf] x'Fbf ;fj{hlgs ?kdf cfJxfg u/L ljleGg JolQm;d"x;+:yfx?n] a}+s tyf
ljQLo ;+:yfsf] vftfdf hDdf u/]sf] /sd ;DalGwt Ohfhtkq k|fKt ;+:yfn] vftf ;~rfns;+u ;dGjo u/L
k|wfgdGqL b}jLk|sf]k p4f/ sf]ifdf hDdf ug]{ Joj:yf ug{ x'g g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf]
clwsf/ k|of]u u/L of] lgb]{zg hf/L ul/Psf] 5 M
k|wfgdGqL b}jLk|sf]k p4f/ sf]ifsf] Ifdtf lj:tf/ tyf ljZj;gLotf / k|efjsfl/tfsf] nflu e"sDk kLl8tx?sf]
/fxtsf] lgldQ ;fj{hlgs ?kdf cfJxfg u/L ljleGg JolQm;d"x;+:yfx?n] a}+sx?sf] vftfdf hDdf u/]sf]
h'g;'s} /sd ;f]em} sf]ifdf cljnDj hDdf ug]{ Joj:yf ug]{ .
ejbLo,
-lzjgfy kf08]_
sf=d'=sfo{sf/L lgb]{zs
kq ;+Vof M a}=lj=lg=lj=gLltkl/kqsvu@()&!&@
ldltM @)&@)#)&

dxfzo,
o; a}+saf6 Ohfhtkqk|fKt s, v / u ju{sf a+}s tyf ljQLo ;+:yfx?nfO{ b]xfo adf]lhdsf] gLltut
Joj:yf sfod ul/Psf] xF'bf ;f]xL adf]lhd ug{'u/fpg' x'g g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf]
clwsf/ k|of]u u/L of] lgb]{zg hf/L ul/Psf] 5 .
o; a}+saf6 ldlt @)&@)!@& kq ;+Vof M a}=lj=lg=lj=gLltkl/kqsvu@%)&!&@ dfkm{t hf/L ul/Psf]
lgb]{zg adf]lhd ldlt @)&@)!!# b]lv @)&@)!@^ ;Ddsf] cjlwnfO{ clgjfo{ df}Hbft u0fgf k|of]hgsf nflu
xKtf sfod ul/Psf]df tTkZrft ldlt @)&@)!@( df cfPsf] k/fsDkgsf sf/0f a}+ls k|0ffnLdf ;"rgf ;Dks{ /
sf/f]jf/ ;fdfGo eOg;s]sf]n] ldlt @)&@)!!# b]lv @)&@)@)@ ;Ddsf] cjlwnfO{ clgjfo{ df}Hbft u0fgf
k|of]hgsf nflu xKtf sfod ug{ ;lsg]5 .
ejbLo,
sfo{sf/L lgb]{zs
336
kq ;+Vof M a}=lj=lg=lj=gLltkl/kqsvu#))&!&@
ldltM @)&@)#)(

dxfzo,
xfn}sf] e"sDksf sf/0f a}+ls ;]jfsf] ;xh pknAwtfdf x'g ;Sg] cj/f]wnfO{ dWogh/ u/L a}+ls ;]jf ;'rf?
?kn] ;+rfng ug]{, clgjfo{ df}Hbft u0fgf ug{ ;xh Joj:yf ug]{, e"sDkaf6 cfjf;Lo 3/ Ifltu|:t ePsf kLl8t
kl/jf/x?nfO{ cfjfl;o 3/ k'glgdf{0fsf nflu k"gs{hf{ ;'ljwf pknAw u/fpg], a}+ls+u ;]jfsf] ;xh pknAwtf /
kx'Fr j[l4sf nflu zfvf :yfkgf / lj:tf/df ;xh kfg]{, /fxt /sd k|wfgdGqL b}jL k|sf]k p4f/ sf]ifdf /sdfGt/
x'g], e"sDk kLl8t k|df0fsf] cfwf/df ;d]t vftf vf]Ng ;Sg] nufotsf Joj:Yffx? o; a}+sn] ul/;s]sf] ;Gbe{df
ljleGg a}+s, ljQLo ;+:yf / C0fL u|fxs nufotsf lgsfox?n] gLltut Joj:Yffsf nflu o; a}+s ;dIf cg'/f]w
u/]sf]df pQm cg'/f]wnfO{ ;Daf]wg ub}{ e"sDksf sf/0fn] s'g} klg Joj;fo w/fzoL gxf];\ / o; a}+sn] u/]sf]
gLltut Joj:Yffsf] pknAwL a}+s jf ljQLo;+:yfsf] clGtd u|fxs;Dd k'uf];\ eGg] clek|fon] of] gLltut Joj:Yff
ul/Psf] xF'bf ;f]xL adf]lhd ug{'u/fpg' x'g g]kfn /fi6 a}+s P]g, @)%* sf] bkmf &( n] lbPsf] clwsf/ k|of]u u/L
of] lgb]{zg hf/L ul/Psf] 5 M
!_
o; a}+saf6 hf/L ul/Psf] PsLs[t lgb]{zg @)&! df h'g;'s} s'/f n]lvPsf] ePtfklg @)&! r}q d;fGtdf
;lqmo ju{df sfod /x]sf C0fLx?sf nflu b]xfo adf]lhdsf] ljz]if Joj:yf ul/Psf] 5 M
s_

e"sDksf sf/0f C0fLsf] C0f ltg]{ Ifdtfdf x|f; cfPsf] jf kl/of]hgf Ifltu|:t eO{ shf{ ltg{ g;Sg]
cj:yfdf shf{sf] ;fFjf, Aofh jf ls:tf /sd @)&@ c;f]h d;fGt ;Dddf k|fKt ePdf To:tf]
shf{nfO{ @)&@ c;f/ d;fGtdf c;n shf{df auL{s/0f ul/ ;f]lx adf]lhd shf{ gf]S;fgL Joj:yf
sfod ug{ ;lsg]5 . o; Joj:yf cg';f/ c;n ju{df juL{s/0f ul/g] shf{sf] xsdf a}+s tyf ljQLo
;+:yfn]] e'Qmfg l9nf ePsf] sf/0faf6 ;DalGwt C0fL;Fu s'g} klg k|sf/sf] k]gfn Aofh jf z'Ns lng
kfOg] 5}g .
v_
shf{sf] k'g/tflnsLs/0f
e"sDksf sf/0f C0fLsf] C0f ltg]{ Ifdtfdf x|f; cfPsf] jf kl/of]hgf Ifltu|:t eO{ shf{ ltg{ g;Sg]
cj:yfdf b]xfosf cfwf/df a}+s jf ljQLo ;+:yfn] Psk6ssf nflu Psjif{;Dd shf{ e'QmfgL cjlw
yk x'g] u/L shf{ k'g/tflnsLs/0f ug{ ;Sg]5g\ M
-s_ shf{nfO{ k'g/tflnsLs/0f ug{ C0fLsf] lnlvt sfo{ of]hgf k]z u/]sf],
-v_ e"sDksf sf/0f cfDbfgLsf] >f]t / shf{ ltg]{ Ifdtfdf cfPsf] x|f;sf] k'i6L x'g] k|df0f k]z
u/]sf],
s'g}klg If]qdf k|jflxt shf{df Psjif{ eGbf a9L cjlw yk u/L shf{ k"g/tflnsLs/0f ug'{k/]df ;f] sf]
ljj/0f / cf}lrTotf v'nfO{ o; a}+ssf] k"j{:jLs[lt lng'kg]{5 .
o; Joj:Yff adf]lhd k'g/tflnsLs/0f ul/Psf shf{nfO{ c;n ju{s} shf{sf] ?kdf juL{s/0f ug{
;lsg]5 / juL{s/0f ul/Psf shf{x?sf] ljj/0f 5'} tof/ ug'{ kg]{5 .
u_
cfDbfgLvr{ n]vfg ug]{ ;DaGwdf

cf=j= @)&!&@ sf] Aofh cfDbfgL n]vfg ug]{ k|of]hgsf nflu @)&@ c;f/ dlxgf;Dddf kfs]sf]
Aofh @)&@ c;f]h d;fGt ;Dddf k|fKt ePdf ;f] /sd cf=j= @)&!&@ {sf] gfkmf gf]S;fg lx;fjdf
cfDbfgL hgfpg ;lsg]5 . o;/L cfDbfgL hgfPsf] /sdnfO{ nfef+zsf] ?kdf ljt/0f gu/L gfkmf
gf]S;fg afF8kmfF8 vftf dfkm{t k"FhL ;dfof]hg sf]ifdf hDdf ug'{kg]{5 .
@)&@ c;f/ d;fGt kZrft k|fKt Aofh /sdsf] 5'} ljj/0f tof/ u/L k]z ug'{kg]{5 / o;/L Aofh
cfDbfgL hgfPsf] ePdf ;DalGwt a}+s jf ljQLo ;+:yfn] jflif{s ljQLo ljj/0fsf]] cfDbfgL n]vfg
;DaGwL gLltdf /sd ;lxt :ki6 v'nfpg' kg]{5 .
337
3_
u|]; cjlw
e"sDksf sf/0f kl/of]hgf lgdf{0f ;DkGg x'g yk ;do nfUg] ePdf jf kl/of]hgf ;DkGg eO ls:tf
e'QmfgL z'? x'g] cj:yfdf u|]; cjlw ;dfKt ePtfklg a9Ldf Psjif{sf] u|]; cjlw yk ug{ ;lsg]5 .
u|]; cjlwdf Aofh k"FhLs/0f u/L cfDbfgL afFlwPsf] Aofh /sdnfO{ gfkmf gf]S;fg afF8kmfF8 vftf
dfkm{t k"FhL ;dfof]hg sf]ifdf /sdfGt/ ug'{kg]{5 .
@_
kF"hL u0fgfsf ;DaGwdf

o; a}+sn] hf/L u/]sf] PsLs[t lgb]{zg @)&! O{=k|f= lgb]{zg g+= ! cg';f/ jfl0fHo a}+sx?n]] Regulatory
Retail Portfolio / Claims Secured by Commercial Real Estate zLif{s cGtu{t sfod u/]sf shf{x?sf]
xsdf e"sDksf sf/0f kl/of]hgf Ifltu|:t eO{ ;fFjf, Aofh jf ls:tf e'QmfgL gAa] lbg eGbf a9Ln] efvf
gf3]sf] cj:yfdf ;d]t @)&@ c;f/ d;fGtsf] k"FhLsf]if u0fgf ubf{ hf]lvd ef/ zt k|ltzt sfod ug{
;lsg]5 .
#_
e"sDkn] cltk|efljt lhNnfsf a}+s jf ljQLo ;+:yfx?nfO{ yk ;'ljwf

sf7df08f} pkTosf afx]ssf e"sDkn] cltk|efljt lhNnfx?df k|wfg sfof{no /xL ;~rfngdf /x]sf a}+s jf
ljQLo ;+:yfnfO{ b]xfo adf]lhdsf yk 5'6 tyf ;'ljwfx? k|bfg ul/g]5 M
k|wfg sfof{no ejg Ifltu|:t eO k"g/lgdf{0f ug'{kg]{ cj:yfdf s, v, u / 3 ju{sf a}+s jf
ljQLo ;+:yfnfO{ ? %) nfv;Dd z'Go Aofhb/df o; a}+saf6 shf{ pknAw u/fpg] .
clgjfo{ df}Hbftsf nflu sfod ug'{kg]{ Go'gtd df}Hbft ckof{Kt ePsf] sf/0fn] o; a}+saf6 nufO{g]
hl/jfgf /sddf @)&# c;f/ d;fGt ;Ddsf nflu 5'6 k|bfg ug{] .
ljkGg ju{df k|jfx ug'{kg]{ shf{ ;DaGwL Joj:Yff kfngf x'g g;s]sf] cj:Yffdf o; a}+saf6 nufO{g]
xhf{gf /sddf @)&# c;f/ d;fGt ;Ddsf nflu 5'6 k|bfg ug{] .
o; a}}ssf] lgb]{zg adf]lhd k]z ug'{kg]{ tYof+s tyf ljj/0fx? k]z ug{ ;d:of /x]sf] cj:yfdf
q}dfl;s ljj/0f eGbf sd cjlwdf k]z ug'{kg]{ ljj/0fx? @)&# c;f/ d;fGt ;Ddsf nflu k]z ug{
clgjfo{ gx'g] u/L 5'6 k|bfg ug{] .
ejbLo,

sfo{sf/L lgb]{zs
338
g]kfn /fi6 a}+s

a}+s tyf ljQLo ;+:yfsf] lz3| ;'wf/fTds sf/jfxL ;DaGwL ljlgodfjnL, @)^$
-klxnf] ;+zf]wg, @)^* ;lxt_
g]kfn /fi6 a}+s P]g, @)%* sf] bkmf !!) sf] pkbkmf -@_ sf] v08 -0f_ n] lbPsf] clwsf/ k|of]u u/L g]kfn
/fi6 a}+ssf] ;~rfns ;ldltn] b]xfosf ljlgodx? agfPsf] 5 .
!= ;+lIfKt gfd / k|f/DeM
-!_ oL ljlgodx?sf] gfd g]kfn /fi6 a}+s a}+s tyf ljQLo ;+:yfsf] lz3| ;'wf/fTds sf/jfxL ;DaGwL
ljlgodfjnL, @)^$ /x]sf] 5 .
-@_ of] ljlgodfjnL @)^% sflt{s ! ut]b]lv nfu" x'g]5 .
@= kl/efiffM ljifo jf k|;n] csf]{ cy{ gnfu]df o; ljlgodfjnLdf,
-s_ P]g eGgfn] g]kfn /fi6 a}+s P]g, @)%* ;Demg' k5{ .
-v_ /fi6 a}+s eGgfn] P]gsf] bkmf # adf]lhd :yfkgf ePsf] g]kfn /fi6 a}+s ;Demg' k5{ .
-u_ ;ldlt eGgfn] P]gsf] bkmf !$ adf]lhd u7g ePsf] a}+ssf] ;~rfns ;ldlt ;Demg' k5{ .
-3_ ueg{/ eGgfn] P]gsf] bkmf !% adf]lhd lgo'Qm a}+ssf] ueg{/ ;Demg' k5{ / ;f] zAbn] P]gsf] bkmf
@& adf]lhd sfod d'sfod d's// ePsf] ueg{/ ;d]tnfO{ hgfpF5 .
-_ 8]k'6L ueg{/ eGgfn] P]gsf] bkmf !^ adf]lhd lgo'Qm a}+ssf] 8]k'6L ueg{/ ;Demg' k5{ .
-r_ gLlt lgb]{zg sfof{Gjog ;ldlt eGgfn] g]kfn /fi6 a}+s, lg/LIf0f tyf ;'kl/a]If0f ljlgodfjnL
@)%( sf] lgod #$ adf]lhd ;DJflGwt 8]k'6L ueg{/sf] ;++of]hsTjdf ul7t ;ldltnfO{ ;Demg' k5{ .
-5_ ;'kl/a]If0f ljefu eGgfn] /fi6 a}+ssf] a}+s ;'kl/a]If0f ljefu tyf ljQLo ;+:yf ;'kl/a]If0f ljefu
;Demg' k5{ .
-h_ a}+sljQLo ;+:yf eGgfn] /fi6 a}+saf6 Ohfhtkqk|fKt a}+s tyf ljQLo ;+:yf ;Demg' k5{ .
-em_ sfo{sf/L k|d'v eGgfn] a}+s tyf ljQLo ;+:yfsf] k|zf;sLo k|d'vsf] ?kdf sfdsfh ug{ lgo'Qm
JolQm ;Demg' k5{ .
-`_ k'FhLsf]if eGgfn] /fi6 a}+saf6 tf]lsPsf] k|fylds k'FhLsf]if jf s'n k'FhLsf]if nfO{ ;Demg' k5{ .
#= k'FhLsf]if ;DaGwL lgb]{zgx?sf] kfngf gePdf x'g] ;'wf/fTds sf/jfxLx?M Ohfhtkqk|fKt s,v / u
ju{sf a}+sljQLo ;+:yfx?n] /fi6 a}+sn] tf]s]sf] Go'gtd k'FhLsf]if sfod ug{ g;s]df b]xfo adf]lhdsf]
;'wf/fTds sf/jfxLx? tTsfn ug'{ kg]{5M
-s_ Ohfhtk|fKt ;+:yfsf] k'FhLsf]if, g]kfn /fi6 a}+sf/f tf]lsPsf] Go'gtd k'FhLsf]if cg'kfteGbf b'O{
k|ltzt;Ddsf] laGb'n] sd ePdf
-c_ ;'wf/ sfo{qmdx? ;DaGwdf a}+sljQLo ;+:yfsf] pRr Joj:yfkg;Fu 5nkmn u/L 5nkmnsf
ljifo a:t'nfO{ clen]vsf] ?kdf /fVg] .
-cf_ a}+sljQLo ;+:yfsf] k'FhL j[l4 -l/Soflk6nfOh]zg_ ug{ k'FhL of]hgf dfu ug]{ .
-O_ nfef+z tyf af]g; ;]o/ 3f]if0ff ug{ /f]s nufpg] .
-O{_ gofF zfvf vf]Ng /f]s nufpg] .
-p_ lgIf]k kl/rfngsf] ;Ldf sfod ug]{ .
-v_ Ohfht k|fKt ;+:yfsf] k'FhLsf]if, g]kfn /fi6 a}+sf/f tf]lsPsf] Go'gtd k'FhLsf]if cg'kft eGbf b'O{b]lv
rf/ k|ltzt;Ddsf] laGb'n] sd ePdf
-c_ v08 -s_ adf]lhdsf sf/jfxLx? ug]{ .
339
$=
-cf_ shf{ sf/f]af/sf] ;Ldf sfod ug]{ .

-O_ vl/b jf lnh k|lqmof dfkm{t yk l:y/ ;DklQ k|fKt ug'{k'j{ /fi6 a}+ssf] :jLs[lt lng' kg]{ .
-O{_ lgIf]k kl/rfng / shf{ tyf ;'ljwf k|jfx;Fu ;DalGwt gofF Jofa;flos s[ofsnfk
-ljhg]; nfO{g_ ;~rfng ug'{k'j{ /fi6 a}+ssf] :jLs[lt lng' kg]{ .
-u_ Ohfht k|fKt ;+:yfsf] k'FhLsf]if, g]kfn /fi6 a}+sf/f tf]lsPsf] Go'gtd k'FhLsf]if cg'kfteGbf rf/b]lv
5 k|ltzt;Ddsf] laGb'n] sd ePdf
-c_ v08 -v_ adf]lhdsf sf/jfxLx? ug]{ .
-cf_ yk lgIf]k vftf vf]Ng k|ltaGw nufpg] .
-O_ shf{ k|jfxdf k|ltaGw nufpg] .
-O{_ vl/b jf lnh k|lqmof dfkm{t yk l:y/ ;DklQ k|fKt ug{ k|ltaGw nufpg] .
-p_ /fi6 a}+ssf] k'j{ :jLs[lt lagf a}+sljQLo ;+:yfsf ;~rfns tyf sd{rf/Lx?nfO{ k|f]T;fxg
eQf, ;+:yf 5f]8\bf lbg] cGo ;'ljwf j[l4, Joj:yfkg z'Ns jf Joj:yfkgsf] thljhn] lbg ;Sg]
cGo Ifltk"lt{ cflb k|bfg ug{ /f]s nufpg] .
-3_ Ohfht k|fKt ;+:yfsf] k'FhLsf]if, g]kfn /fi6 a}+sf/f tf]lsPsf] Go'gtd k'FhLsf]if cg'kfteGbf 5b]lv
cf7 k|ltzt;Ddsf] laGb'n] sd ePdf
-c_ v08 -u_ adf]lhdsf sf/jfxLx? ug]{ .
-cf_ tna eQf tyf cGo cfly{s ;'ljwf j[l4, gofF sd{rf/L egf{ tyf a9'jf ug{df /f]s nufpg] .
-O_ k'FhL kof{Kttf ;DaGwL sf/jfxL k|f/De ePsf] ldltn] 5 dlxgfleqdf tf]s]sf dfkb08 cg';f/sf]
k'FhLsf]if sfod gePdf a}+sljQLo ;+:yfsf ;~rfnsx? tyf sfo{sf/L k|d'vnfO{ P]gsf] bkmf
!)) sf] pkbkmf -@_ adf]lhdsf sf/jfxLx? ug]{ .
-_ Ohfht k|fKt ;+:yfsf] k'FhLsf]if, g]kfn /fi6 a}+sf/f tf]lsPsf] Go'gtd k'FhLsf]if cg'kfteGbf cf7
k|ltzt jf a9L laGb'n] sd ePdf
-c_ v08 -3_ adf]lhdsf sf/jfxLx? ug]{ .
-cf_ a}+sljQLo ;+:yfnfO{ ;d:ofu|:t 3f]if0ff u/L P]gsf] bkmf *^ cg'?ksf] sf/jfxL k|f/De ug]{ .
-O_ ;d:ofu|:t 3f]if0ff u/]sf] 5 dlxgf;Dddf klg k'FhLsf]if kof{Kt gePdf a}+sljQLo ;+:yfsf]
Ohfhtkq /2 ug]{ jf vf/]hLsf] k|lqmof z'? ug]{ .
-O{_ P]g /jf a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# cg'?ksf cGo cfjZos sf/jfxLx? ug]{ .
sf/jfxLdf 5'6 x'g] cj:yfM ljlgod # cg';f/sf] ;'wf/fTds sf/jfxLx? s,v / u ju{sf a}+s tyf
ljQLo ;+:yfx?df ;dfg ?kdf nfu" x'g]5 .
t/ ljlgod # sf] v08 -3_ sf] pkv08 -cf_ afx]ssf ;'wf/fTds sf/jfxLx?df b]xfosf cj:yfx?df 5'6
k|bfg ug{ ;lsg]5M
-s_ nlIft ?kdf zfvf sfof{nox? :yfkgf ug'{kg]{ u|fdL0f O{nfsfx?df / k|lt:kwf{Tds ?kdf a}+s tyf
ljQLo ;+:yf gePsf :yfgdf zfvf la:tf/ ug{ .
-v_ g]kfn ;/sf/n] cGt/f{li6o bft[ lgsfox?sf] ;xof]u lnO{ /fi6 a}+s dfkm{t k'g/;+/rgfsf] k|lqmof nfu"
u/]sf a}+s tyf ljQLo ;+:yfx?sf] xsdf .
-u_ a}+sljQLo ;+:yfsf] Joj:yfkg / ;~rfngnfO{ /fi6 a}+sn] k|ToIf lgoGq0fdf lnO{ ;'wf/fTds sf/jfxL
;~rfng u/L /x]sf] cj:yfdf .
-3_ a}+s tyf ljQLo ;+:yf ;DaGwL P]g, @)^# sf] bkmf ^( Pjd\ a}+s tyf ljQLo ;+:yf Ps cfk;df
ufEg] jf ufleg] ;DaGwL ljlgodfjnL, @)^* df ePsf k|fjwfgx k'/f u/L Ps cfk;df ufEg]
ufleg] ;}4flGts ;xdltsf nflu o; a}+sdf lgj]bg k|fKt x'g cfPsf a}+s tyf ljQLo ;+:yfxsf
xsdf .
340
t/ Ps cfk;df ufEgufleg lgj]bg lbg] a}+s tyf ljQLo ;+:yfx?sf] ljBdfg k'FhLsf]if hf]8\bf
Go'gtd k'FhLsf]if gk'Ug] ;+:yfsf] xsdf of] 5'6 k|bfg x'g] 5}g . To;}u/L tf]lsPsf] cjlwleq
ufEg]ufleg] sfo{ ;DkGg gu/]df ;f] cjlw kZrft\ of] 5'6 :jtM vf/]h ePsf] dflgg] 5 .
%= ;'g'jfO{sf] cj;/M ljlgod # cGtu{t sf] sf/jfxL ubf{ ;DaGwLt a}+s tyf ljQLo ;+:yfx?nfO{ ;'g'jfO{sf]
cj;/ lbO{g] 5 .
^= sf/jfxL ug]{ clVtof/LM -!_ ljlgod # sf] v08 -s_ b]lv -3_ ;Ddsf lz3| ;'wf/fTds sf/jfxLx? ;DkGg
ug]{ clVtof/L ueg{/nfO{ x'g]5 . ueg{/n] o; clVtof/L adf]lhd lz3| ;'wf/fTds sf/jfxLx? ;DkGg ubf{
gLlt lgb]{zg sfof{Gjog ;ldltsf] l;kmfl/;df sf/jfxLsf] cfjZos lg0f{o ug]{5g\ .
&= k|Tofof]lht clVtof/Lsf] k|of]uM o; ljlgodfjnL adf]lhd k|Tofof]lht clVtof/Lsf] k|of]u u/L sfo{ ubf{
;DalGwt kbflwsf/Ln] k|rlnt P]g, gLlt, lgod tyf /fi6 a}+sn] hf/L u/]sf lgb]{zgx?sf] clwgdf /xL ug'{
kg]{5 .
*= sfd sf/jfxLsf] ljj/0f k]z ug'{kg]{M ljlgod % adf]lhdsf sfd sf/jfxLsf] ljj/0f q}dfl;s ?kdf ;ldltsf]
hfgsf/Lsf] nflu k]z ug'{ kg]{5 .
(= ljlgodfjnLsf] JofVof tyf ;+zf]wgM
-!_ o; ljlgodfjnLsf] sfof{Gjogsf] qmddf s'g} lljwf pTkGg ePdf ;f]sf] JofVof ;ldltn] ug]{5 /
;ldltn] u/]sf] JofVof clGtd x'g]5 .
-@_ o; ljlgodfjnLdf s'g} ;+zf]wg ug'{ k/]df ;ldltn] ;+zf]wg ug]{5 .
!)= afwf c8\rg k'ms'jfM o; ljlgodfjnLsf] sfof{Gjogsf] qmddf s'g} afwf c8\rg cfPdf ;f] afwf c8\rg
k'msfpg] clwsf/ ueg{/nfO{ x'g]5 .
!!= aflemPdf lgliqmo x'g]M o; ljlgodfjnLsf Joj:yfx? g]kfn /fi6 a}+s P]g, @)%*, a}+s tyf ljQLo ;+:yf
;DaGwL P]g, @)^# / ;f] cGtu{t ag]sf lgodx?;Fu aflemPdf aflemPsf] xb;Dd :jtM lgliqmo x'g]5 .
!@= jrfpmM o; ljlgodfjnL nfu" x'g'k'j{ a}+s tyf ljQLo ;+:yfsf] ;'wf/fTds sf/jfxLsf] ;Gbe{df eP u/]sf
sfd sf/jfxL o;} ljlgodfjnL adf]lhd eP u/]sf] dflgg] 5 .
341

Unified Directives 2072

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g]kfn /fi6 a}+saf6 s, v / u ju{sf] Ohfhtkqk|fKt

;+:yfx?nfO{ hf/L ul/Psf]

g]kfn /fi6 a}+s

a}+s tyf ljQLo ;+:yf lgodg ljefu

Go"gtd k"+hLsf]if ;DaGwL Joj:yf .

shf{;fk^sf] juL{s/)f / shf{ gf]S;fgL ;DaGwL Joj:yf .

n]vf gLlt tyf ljQLo laj/)fx?sf] (frf ;DaGwL Joj:yf .

sf/f]af/df lglxt hf]lvd Go"gLs/)f ug]{ ;DaGwL Joj:yf .

;+:yfut ;"zf;g ;DaGwL Joj:yf .

;"kl/j]IfsLo lgb]{zg nfu" ug]{ sfo{ tflnsf ;DaGwL Joj:yf .

nufgL ;DaGwL Joj:yf .

tYof ljj/)f ;DaGwL Joj:yf .

;+:yfks ;]o/ gfd;f/L jf vl/blaqmL jf xs x:tfGt/)f ;DaGwL Joj:yf .

;xljQLos/)f shf{ ;DaGwL Joj:yf .

shf{ ;'rgf tyf sfnf];'rL ;DaGwL Joj:yf .

clgjfo{ df}Hbfta}wflgs t/ntf ;DaGwL Joj:yf .

zfvfsfof{no vf]Ng] ;DaGwL Joj:yf .

Aofhb/ ;DaGwL Joj:yf .

ljQLo ;|f]t ;+sng ;DaGwL Joj:yf .

:t/f]Gglt x"g], sfo{If]q lj:tf/ jf ;+s"rg tyf ufEg]ufleg] ;DaGwL Joj:yf .

;xfos sDkgL ;DaGwL Joj:yf .

On]S^f]lgs dfWodaf^ x"g] a}ls -O{a}ls_ ;]jf ;DaGwdf .

ljQLo u|fxs ;+/If)f tyf ljQLo ;fIf/tf ;DaGwL Joj:yf

ljljw Joj:yf ;DaGwdf .

g]kfn /fi6 a}+s

cGo nufgLx? -;fd'lxs nufgL sf]ifdf ePsf] nufgL ;d]t_

-@_ jf;nft aflx/sf] sf/f]af/df hf]lvd ef/ -v / u ju{sf] xsdf_

^ dlxgfeGbf a9L cjlwsf] k|lttkq -dflh{g g36fO{ k'/} /sd_

;~rfng hf]lvd ;DaGwL Joj:yf

-v_ k'FhLsf]if cg'kft

k|fylds k'FhL k'/s k'FhL

-u_ hf]lvd efl/t ;DklQsf]

jf;nftleqsf s'n hf]lvd efl/t ;DklQ jf;nft

k'FhLsf]if ;DaGwdf k7fpg' kg]{ ljj/0fx?

g]= /f= a}+s lgb]{zg kmf=g+= !=!

k'FhLsf]if tflnsf -v / u ju{sf] xsdf_

g]= /f= a}+s lgb]{zg kmf=g+= !=@

hf]lvd efl/t ;DklQ ljj/0f tflnsf -v / u ju{sf] xsdf_ - xhf/df_

-s_ jf;nft leqsf ;DklQx?(On-Balance-Sheet Assets)

ef/ /sd hf]lvd efl/t /sd hf]lvd efl/t

cg';"rL g+= !=!

is adequate to protect its depositors and creditors.

promotes public confidence in the banking system.

Implementation of Basel Core Principles for effective Banking Supervision

Adoption of the sound practices for the management of Operational Risk

Formulation and adoption of comprehensive risk management policy

Adherence to high degree of corporate governance

IMPLEMENTATION OF ADVANCED APPROACHES:

ELIGIBLE CAPITAL FUNDS

Core Capital (Tier 1)

Supplementary Capital (Tier 2)

ELEMENTS OF TIER 1 CAPITAL:

Paid up Equity Capital.

Book value of goodwill.

Investment in equity of financial institutions licensed by Nepal Rastra Bank 2.

Deferred Tax Assets

MINIMUM CAPITAL REQUIREMENTS:

SIMPLIFIED STANDARDIZED APPROACH (SSA):

Claims on government & central bank

RISK MEASUREMENT AND RISK WEIGHTS:

Claims on government & central bank

Claims on other official entities

ECA risk scores

Claims on corporate & securities firms