Banking Exam Question - What are the NRB Directives (2074) about of Credit Sale /Purchase/Re-purchase & Takeover? Explain

Introduction - Provision of Credit Sale /Purchase/Re-purchase & Takeover

1. The bank fixed by the bank said that the bank and financial institutions not sufficiently acceptable to this bank, will not be able to buy or rent any kind of loan, loan, etc. from any bank and financial institutions.

2. Due to this bank's capitalized capital, the banks and financial institutions that are sufficient enough to keep their conditions under the ban.

(A) This bank will have to maintain a capitalized fund as compared to the bank / financial institutions before taking it.

(B) In relation to taking / giving, banks / financial institutions will have to make clear arrangements in their loan policy. Otherwise, such business will not be available.

(C) No related work will be done in the last month of the financial year.

(D) The buyer will have to buy the right to buy the loan from the customer to disassociate the loan. The consent of the concerned customer will also be taken for the work.

1. The loan purchased by purchasing the loan will be required to account for the sub-title of the relevant title in its respective title.
2. Only loan should be purchased with detailed details of the terms and conditions of the loan.
3. Banks and financial institutions, who bought the loan, have to take written dates, loan type, loan status, status of past debt, status of bail or, status of debt classification, etc. in writing.
4. Bank and financial institutions purchasing the loan will have to make existing arrangement of debt classification and debt loss as per the system's loss.
5. Purchase of loan will be updated on the loan file related to the opening of loan that is such a loan safe and the information that is not beneficial for the organization is beneficial.