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New Launch:

In this issue New Launch. P1 NSBL Activities. P6 Brief Profile of the Bank. P2 Our Technology Products. P8 Message from CEO. P3 Fact Station. P9 Relationship between the Dollar Value & Price. P4 Mobile ATM. P11 Nepal SBI Merchant Banking Limited. P5 Quote of the Month. P12

We heartily Welcome

Shri B. Sriram, MD (CBG),

Shri Siddhartha Sengupta, DMD (IBG)

& Shri Sujit Kumar Varma (IB),

State Bank of India, to Nepal.

Special Edition Vol 02 ::Baishakh 2073

Shri B. Sriram, MD (CBG)

Shri Siddhartha Sengupta, DMD (IBG)

Shri Sujit Kumar Varma (IB)

BANK IN A NUT SHELL

Nepal SBI is a subsidiary of State Bank of India, which holds 55% share. Another 15% is held by the Employees Provident

Fund (EPF) of Nepal, rest 30% is held by public shareholders. It is now in its 22nd year of operation.

Legal Form: A Public Limited Company incorporated at the office of Company Registrar, Kathmandu and licensed by Nepal

Rastra Bank on July 6, 1993 as ‘A’ class licensed institution.

Corporate Office:

Nepal SBI Bank Limited

Corporate Office, Hattisar, Kathmandu

Tel No: 4435516, 4435613, Fax No: 4435612

Email: corporate@nsbl.com.np

Website: www.nepalsbi.com.np, www.nsbl.com.np

MANAGEMENT TEAM

1. Shri Anukool Bhatnagar Managing Director (CEO)

2. Shri Vijay Kumar Tyagi Chief Operating Officer (Dy. CEO)

3. Shri Priya Ranjan Chief Financial Officer

4. Shri Chhapi Raj Pant Chief Risk Officer

5. Shri Dev Raj Adhikari Chief Credit Officer

WE SERVE WITH

We deliver full range of banking and financial solutions to help our valued clients.

DEPOSIT and ACCOUNTS

We offer Current and Business Call Deposit Account, Saving Deposit Account and Fixed Deposit Account services. We have

devised various kinds of Fixed, Premium Saving and Recurring Deposit Accounts. We also maintain payroll account of

organization staff alongside a separate provident fund account which yields higher interest rate than normal saving account.

LOANS and ADVANCES

We provide all kinds of corporate and retail financing service catering to various credit needs of our clients.

Our global presence and correspondence network has given us the reach to almost every corner of the globe and has enabled

and strengthened our Trade Financing Service delivery.

“All our dreams can come true if we have the courage to pursue them”.

--Walt Disney

BRIEF PROFILE OF THE BANK

INTERNATIONAL BANKING

Nepal SBI Bank Remittance services allow our consumers to transfer funds to and from Nepal through peerless inward and

outward remittance solutions.

We have efficient fund transfer mechanism called “SBI Nepal Express Remit” and “Indo Nepal Remit” for transferring

money from India to Nepal. We transfer funds from rest of the world countries using SBI Branches all over the globe. SBI has

its branch offices in most of world cities including Frankfurt, London, Sydney, Paris, Hong Kong, Tel Aviv, Tokyo, Shanghai,

Cairo, Dubai, Istanbul, Toronto, New York, California Dhaka, Srilanka etc.

CARD / E –BANKING SERVICES

Nepal SBI Bank ATM Card gives consumer access to the convenience of 24-hour banking in any of our 82 ATMs in Nepal,

plus more than 100 ATMs of national financial institutions that are part of the VISA network plus over 25,000 ATMs of SBI

in India. We also provide internet banking, mobile banking as well as Vishwa Yatra Card (foreign currency USD visa card).

Two mobile ATM is also being launched at Kathmandu and Pokhara respectively.

IRCTC TICKET ONLINE BOOKING UTILITY

This product was launched with a view to facilitate hassle-free booking of tickets of Indian Railways. With this utility, our

customers can book tickets through IRCTC’s Online Passenger Reservation System and can make payment through Nepal

SBI Internet Banking

Mr. Anukool Bhatnagar

Managing Director (CEO)

Nepal SBI Bank Ltd.

“Message from the CEO” It’s my pleasure to welcome all readers, stakeholders

and well-wishers to this special edition of our bank’s

quarterly newsletter “Laligurans”. Nepal SBI Bank

Ltd is going to complete its glorious 23rd years of its

operation in Nepal. In this occasion, we all team of

Nepal SBI reiterate that the quality of service

standard and focus on the need of our valued

customer will be the first priority of the bank. All

the world-class technology product and platform

shall be made available in Nepal gradually by Nepal

SBI bank Limited. The e-corner which is being

launched soon will have the complete range of

technology product platform in one spot. Similarly,

we are in the process of increasing our reach in

various hilly as well as other newly developing cities

and places of Nepal.

At last, I wish Happy New Year 2073 to our valued

customers, stakeholders and well-wisher of the

bank.

With Warm Wishes

Anukool Bhatnagar, MD , CEO

Nepal SBI Bank Limited

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"To accomplish great things, we must not only act, but also dream, not only plan, but also believe".

--Anatole france

The Relationship between the Dollar Value and Gold Price

Nepal SBI Bank Ltd.

bags Industrial Peace

Award-2072

Nepal SBI Bank Ltd (NSBL), an

Overseas Banking Subsidiary of

State Bank of India in Nepal,

received the ”Industrial Peace

Award-2072” (Gregorian year-

2016), being rated as the best

amongst all the private sector

undertakings in Nepal for

institutionalizing best

industrial relations practices

and industrial relations

architecture over the past 3

years. The award was handed

over by Dr Chiranjibi Nepal,

Governor, Nepal Rastra Bank,

during the 25th Anniversary of

the Financial Institutions

Employees’ Union of Nepal

(FIEUN) at Kathmandu, on

04.04.2016. The award was

received by Mr. Ramesh

Ghimire, Company Secretary,

Nepal SBI Bank Ltd.

An individual, who is aware of the ongoing

trade of US$ gold price and the Dollar Index,

would definitely be aware of their being

opposite each other in directions.

The basic reason for gold and dollar being in

complete opposition is that gold is more of a

currency. It is being traded in the global

market as money, and because of this very

reason, dollar happens to lose its value on

the foreign exchange market over a

prolonged duration. During the same

period, gold price is expected to gain a rise.

At this point, the fact cannot be overlooked

that whenever dollar gains back its value,

even if after a lot of months, price of gold is

going to decline.

Whenever the charts or the graph of dollar

and gold are compared, the vast difference

becomes clear along with the fact that both

of them have been inversely correlated ever

since the currency system came into being

around the early 1970s.

Gold is generally perceived as a long-term

hedge against inflation. It would not be very

long that periods of uncertainty would

instigate an increase in the price of precious

metals. There is an inverse link between the

precious Metal Price Index and the US Dollar

Index.

The World Gold Council has even

substantiated this fact that they both share

an inverse relationship.

During the recession of the US Dollar, it

typically appreciates in worth and the cost

of silver, platinum and palladium usually

face a decline. There are periods of

recessions when gold and the US Dollar

appreciate together, and that helps fail the

inverse relationship over the short-run.

However, during the long-term, this

inverse relationship does not lose its grip

and the reciprocal trend continues.

Therefore, the aforementioned points

indicate gold as not a long-term hedge

against inflation. It very vividly puts forth

the fact that gold, unlike any of its

companion metals like silver, platinum and

palladium, is definitely a short-term

security hedge against recession and

decline.

Gold definitely has an edge above the US

Dollar in the global market as it tends to

benefit its consumers in the long run. It is

not so that it loses its value when dollar

gains back its worth. Gold has an edge of

benefit still left behind, and the fact

remains that when gold reaches its peak,

dollar is nothing more than mere piece of

paper. Due to these very reasons, they both

share a reciprocal relationship where either

one side benefits or the other one suffers.

Yet, both are the commodities that

investors do not refrain from investing in.

Article Source:

http://EzineArticles.com/3741680

Nepal SBI Merchant Banking Limited

e-Corner: Combined spot of alternative channel and technological product

The bank has been providing services through number of alternative channels such as ATM, E-Banking, Mobile banking etc.

Our Bank is in process of launching CDM and SSK as well. All these utilities combined will create a unique experience for the

customers of the bank wherein the customers will be able to enjoy services offered by the bank without any manual

intervention at any time preferred by the customer.

All this has been possible by bank’s implementation of innovative technology. And thus the bank has decided to call this

consolidation of technology services into a new and attractive brand: e-Corner. The main aim of the e-Corner is to

provide technology backed services to its customers. The e-corner is designed in a way to showcase bank’s strength in terms

of technology and variety of services being offered. We believe the e-corner to be a popular feature among various our

customers as this provides wide range of services in a same place.

I. NSMBL D-mat Service:

a. Open and maintain Beneficial Owner account

b. Dematerialization and re-materialization of securities

c. Recording of securities in electronic form

d. Settlement of trades by transferring/receiving the securities from/in BO

accounts

e. Electronic credit of securities allotted by issuers during IPOs

f. Deposit of non-financial corporate benefits (such as bonus, right shares, etc)

issued by issuers in the Demat Account of BOs

g. Facilitation of pledge/unpledged/freeze/name transfer etc of dematerialized

securities

II. NSMBL Share Registration Services:

a. Custody of undelivered certificates and dividend warrants

b. Maintenance and verification of specimen signatures of shareholders

c. Registration of transfer and transmission of shares

d. Payment of dividends and bonus share issuance

e. Custody service for debenture and regular interest payments

Objectives of the NSMBL:

a. To safeguard and promote the

rights and benefit of the

Shareholders of the Company.

b. To provide qualitative and reliable

services of different types as a

Securities Business Person.

c. To organize required activities to

promote reliability of the investors

towards Capital Markets.

d. To coordinate with Securities

Board of Nepal for development

and expansion of related services

in New and the existing Capital

Markets and providing quality

service by obtaining approval

wherever necessary.

e. To provide facilities relevant to

Capital Markets in rural and

urban sectors by properly

mobilizing available skill, labour

and capital, and to assist by

actively participating for the

overall development of capital

markets of the Country by

providing necessary financial

resources, technical and

managerial consultancy services,

training and technology for the

purpose.

NEW CORNER

NSBL Adventure Club: In order to familiarize NSBL to the general public NSBL Adventure Club was formed and first adventure program was

conducted at Swoyambhu Nath Temple area on 30.01.2016. CEO, CFO, CCO, Department head and other staff members of the bank participated in

the program.

NSBL Activities

NSBL CSR Activities/ Other Activities

NSBL has assisted Pashupati Area Development Trust

(PADT) in cleaning the Pashupati Nath temple premises on regular basis. Ten cleaning personnel was identified

and deputed to Pashupatinath Temple Area. This initiative was well appreciated by the visitors.

The existing popular mobile banking product of nepal SBI is being rebranded with Nepal typical name “ Mero Saathi “ with a tag line “Mero Mobile, Mero Biswas”. It will be instrumental in popularising more about our Mobile

Banking Product in Nepal.

Re-Branding of Nepal SBI Mobile

Banking Product.

General Awareness Program for Traffic Awareness at Nepal SBI Bank Limited.

NSBL Customer/ Public Awareness Program

Being Open to New Ideas Business

Story Rosabeth Moss Kanter tells a great story about an executive at a fabric

manufacturer who took over a group and demonstrated that he was

open to any new ideas. Someone from the production line approached

the executive and, in a heavy foreign accent, said he had an idea that

might solve a problem that had long bedeviled the company: An

important type of fiber would sometimes snap, causing millions of

dollars of production delays each year. The executive promised to try

the idea, and it worked.

“That was a great idea,” the executive told the worker. “How long have

you had this idea?”

“Thirty-two years,” the worker replied.

A Glimpse of National Risk Management Conference - 2016. Our Managing Director, Shri Anukool Bhatnagar is

seen addressing the conference as a Resource Person.

NSBL Activities (…Contd)

Our Managing Director Sri Anukool Bhatnagar

participating in Press Conference at Soaltee Crowne Plaza for the Soaltee Crown Plaza Social Golf Tournament 2016.

A glimpse of Prize Distribution ceremony of Soaltee

Crowne Plaza Social Golf Tournament 2016 sponsored by Nepal SBI Bank Limited.

A glimpse of Prize Distribution ceremony of Soaltee Crowne Plaza Social Golf Tournament 2016 sponsored by Nepal SBI Bank Limited.

NSBL staff participating in a Training Program “Credit Appraisal-Advance Level” at our Pokhara Branch,

Pokhara.

A glimpse of Nepal SBI Bank Ltd Staff Training Program “Risk and Compliance“ held on 7th May 2016 at

Kathmandu.

Banks logo and banners displayed at Royal Nepal Golf

Club (RNGC) during the Golf Tournament sponsored by Nepal SBI Bank along with other companies.

OUR TECHNOLOGY PRODUCTS

What is Secured Transaction Act 2063 Secured Transactions Act 2063 (2006), an act made to provide smooth operation modalities for secured transactions

“The following Act enacted by the House of Representatives in the First Year of the issuance of the Proclamation of the House of

Representatives, 2063 (2006) is hereby published for information of the general public.

Preamble:

Whereas, it is expedient to make provisions forthwith to secure obligations with movable and intangible property by making consolidated legal

provisions in relation to secured transactions for the maximum promotion of economic activities for the economic development of the country;

Now, therefore, be it enacted by the House of representatives in the First Year of the issuance of the Proclamation of the House of

Representatives, 2063(2006).

Short title and commencement:

(1) This Act may be cited as the “Secured Transactions Act, 2063 (2006)."

(2) It shall come into force at once. ….”

The overarching goal of Secured Transaction Registry is to reduce risks associated with extending credit, thereby increasing opportunities for

economic expansion. Providing legal structures through which movable assets in emerging markets can be effectively used as collateral will

significantly improve access to finance in the economy. Well-functioning secured transactions systems enable businesses to use their assets

as security to generate capital—from the farmer pledging his cows as collateral for a tractor loan, to the seller of goods or services pledging

the cash flow from customer accounts as collateral for business expansion. It allows SME’s to use movable goods as collateral to gain credit.

This legislation would also allow creditors to seize goods in the event of default without having to go through the lengthy and costly court

processes and judicial sale.

Since the secured transactions act is going to come into effect very shortly, here is the answer of FAQs regarding the act and its operational

procedure.

What is Secured Transaction Registry?

The Secured Transaction Registry is a database in which secured creditors (Financial institutions, leasing companies and private lenders) can

give notice of their security interests in movable goods of an enterprise or individual. The Registry also provides for interested parties to search

(query) to find if there are prior security interests in goods pledged by a debtor.

Who regulates Secured Transaction Registry?

Secured Transaction Registry office is regulated by Ministry of Finance.

Where is the Registry?

The Ministry of Finance, Nepal has empowered Karja Suchana Kendra Limited (KSKL, broadly known as Credit Information Bureau, CIB) to

operate the service as per the provisions made in the Secured Transaction Registry Act of the country. The Registry system is installed in

KSKL Data Center which is located at Heritaze Plaza, Kamaladi, Kathmandu.

Functions of Secured Transaction Registry Office of Nepal (STRO)

Following functions can be performed through this Registry:

• Filing an initial notice of security interests on movable assets and performing functions over the initial notices such as amendments,

continuation, correction and termination of the initial notices etc as prescribed in the STR Act of the country.

• Search for prior security interests on movable assets.

Fact Station

….Contd What are the types of property that are generally used as moveable collateral?

Personal property - any property that is not real property (i.e. equipment, goods), Changeable property – some real property in

some places can become personal property (i.e. harvested crops), Intangible property - (i.e. account receivables, deposit

accounts, license rights, intellectual property rights), Payment instruments or documents (i.e. promissory note, bill of exchange,

stock certificate, warehouse receipt) and Proceeds – property received by a debtor for the sale or exchange of property subject to

a security interest (i.e. cash received for the sale of equipment that is collateral for a debt).

Why file and search?

The reason for registering a notice of a security interest is to establish a creditor’s rights in a debtor’s collateral. The filing of the

notice will warn prospective creditors (and buyers) of collateral whether there is a pre-existing security interest in the property, and

the holder of that prior notice most likely has priority in the property. If this is the case, then the current prospective creditor (or

buyer) may not obtain priority (or clean title) in the movable property being pledged as collateral (or sold) and may wish to

reconsider their business transaction. Therefore, the reason for searching Filing Office records is to discover whether there is be a

pre-existing security interest in the property of a debtor.

How it is different from Credit Information Bureau?

Credit Information Bureau collects and collates the credit information of the borrowers who borrow from lending institutions against

their immovable assets where as Secured Transaction Registry collects the information of all the lending made in the economy by

the individuals or institutions against their movable assets.

What information is to be provided from the Registry?

The Registry is obligated to provide the following information:

• Whether or not any notice mentioning the name of any particular security giver has been registered by the registry on any

specified date and time,

• Whether or not any notice which has not expired as to all security holders has been registered by the Registry on any

specified date and time,

• The file number of every notice, and the date and time of its filing,

• The name and address of the security giver and the security holder mentioned in every notice,

• Description of the collateral mentioned in every notice or amendment notice, and

• The file number of each document connected with every original notice, the date and time of its filing, and particulars

which help to identify whether the document is an amendment, correction statement, statement of continuity, or

termination statement. References:

• http://www.stro.org.np • http://www.cibnepal.org.np • http://www.tepc.gov.np

Compiled by Mr. Kishore Rijal, NSBL Staff, HoD, Credit Administration, Credit department

Our New Technology Product “Mobile ATM” for Kathmandu Valley and Pokhara Valley.

Mobile ATM

Nepal SBI Bank Limited With Us, You are Always a Winner !

Corporate Office, Hattisar

Kathmandu, Nepal

Tel:01-4435613, 4435516

Fax:01-4435612

Email: corporate @nsbl.com.np

Website: www.nepalsbi.com.np

Your Suggestions, Creative Ideas & Writings are wel come at NBG Department,

email: nsblmktg@nsbl.com.np or at Ph No. 01-4423309.

Quote of the Month

"Opportunities don't happen, you create them."

--Chris Grosser

DISCLAIMER: The information and opinions contained in this publication have been obtained from the sources believed to be reliable. The bank makes no

representation or warranty, express or implied as to its accuracy or completeness and should be relied upon as such. The bank and its employees accept no liability

whatsoever for any direct or consequential loss however arising from this publication or its contents.