Chapter 8 Provisions Concerning Cooperative Bank

Section 58: Books and Accounts

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1) A Cooperative Bank shall have to maintain books and accounts according to the format approved by the Nepal Rastra Bank, showing the actual status of its transactions.

2) The books and accounts referred to in sub-Section (1) shall contain the actual status of the Cooperative Bank, its investments, credits disbursed and recovered and borrowed, and another financial statement, detailed statements of income and expenditures and statements of assets and liabilities.

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Section 58: Books and Accounts

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