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Banking Exam Question - What are the NRB Directives (2074) Regarding Loss of Non-Banking Property and Auction Sales? Explain





Introduction - Regarding Loss of Non-Banking Property and Auction Sales
A) A percentage of loss of damages will be made to the non-banking property that has been accredited by licensed institutions.
B) In case of non-banking property sales, immediate compensation will be made for such property arranged for such property.
C) The licensed entity will have to comply with the provision of non-banking assets as per the non-banking asset and selling non-banking property liabilities as follows:

  1. Rs. Due to the non-banking property of the client's property property, which has more than 2.5 million loan bucks, the relevant party must be included in the blacklist. But, Rs. In relation to the loan of up to 25 lakhs, the concerned bank or financial institutions will decide that they can be included in the blacklist.
  2. To evaluate the non-banking property in the name of your organization, the actual evaluation of the free evaluator will be made to evaluate.
  3. Assistant securities and non-banking property licenses will have to be sold transparently and explicitly by selling the interest of the bank and financial institutions.
  4. Such non-banking property will be required to take the entire property backed up, which will not be restricted to leverage and will not be partially restricted.
  5. The consolidated property will have to sell as quickly as possible. If necessary, if necessary, the purpose of owning the institution is to be informed by the Board of Directors for the use of sleep.
  6. Returning to the property's securities wealth (non-banking property, which has been asseted by the bank and financial institutions as non-banking property), not only for the failure of accounting for non-banking accounts, to protect only the securities related to the related institution and mutual security related issues. To return, this instruction will not be considered interrupted.

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