NRB Reporting

Nepal Rashtra Bank’s (NRB)Supervisory Information
System (SIS) strengthens the offsite supervisory
capacity of all supervision departments.

IRIS is the official support vendor of NRB’s SIS

Streamline Your Regulatory Reporting to NRB SIS
with IRIS iDEAL®

IRIS iDEAL® a regulatory reporting solution trusted by more than 200
banks worldwide, is designed to tackle the unique challenges faced by
financial institutions under the NRB mandate.

Get Started with IRIS iDEAL® Today

bt_bb_section_bottom_section_coverage_image

Streamline Your
Regulatory Reporting
to NRB SIS
with IRIS iDEAL®

Get Started with IRIS iDEAL® Today

The NRB Mandate

Modernizing Financial
Reporting in Nepal

The Nepal Rashtra Bank, the central bank of Nepal launched the pilot of Supervisory Information System (SIS for commercial banks and infrastructure bank as a pilot test from January 8, 2019.

Based on Supervisory Information System (SIS) Implementation Action Plan, 2022 approved by the Nepal Rastra Bank (NRB) Board on December 20, 2022, NRB started phasing out the existing system on Daily Liquidity (NRB01) and Interbank Transactions (NRB02) reported by Class A, B, C & IDB and
started to rely fully on data reported through SIS from mid-January, 2023.

Similarly, NRB has issued circular to Class A, B, C & IDB regarding start of monitoring of compliance related data from SIS from mid-July, 2023 and concerned Supervision Departments has started to monitor the compliance based on data reported in SIS*

With the SIS implementation, NRB has taken a significant step in modernizing the financial
regulatory landscape by implementing an XBRL-based electronic filing system for its Supervisory Information System (SIS).

*Source: https://www.nrb.org.np/contents/uploads/2024/04/FINAL-BSD-Annual-Report-2022-23.pdf.

The
Supervisory Information System (SIS)

The NRB Supervisory Information System (SIS) is a web-based platform introduced by Nepal Rastra Bank (NRB), requiring licensed entities in Nepal to submit regulatory returns and other necessary information in a specified format and at designated intervals.

Entities should submit the required applicable returns and other required information in specified formats (XBRL or Non-XBRL) and in specified intervals in SIS.

Users can view the submitted returns as well as the pending returns to be filed in the SIS portal itself.

The 3 SIS Modules

Offsite (NRB iFile Installer)

Onsite

Output (Business Intelligence)

XBRL Returns

Daily Returns

NRB 01

NRB 02

NRB 36

Monthly Returns

NRB 03

NRB 04

NRB 05

NRB 06

NRB 38 , NRB 39 & Others

Quarterly Returns

NRB 40

Half Yearly & Annual Returns

NRB41 & Others

Non-XBRL Returns

N001 – N020

IRIS iDEAL®
Your Comprehensive Solution for NRB Compliance

IRIS iDEAL®̥ a regulatory reporting solution trusted by more than 200 banks worldwide, is designed to tackle the unique challenges faced by financial institutions under the NRB mandate.

IRIS iDEAL® provides seamless end-to-end automation, streamlining the entire process—from data extraction across multiple sources to reporting in NRB SIS. It is designed to:

Frequent Changes

Frequent Changes in Regulatory Guidelines

Handling Large Volumes

Handling Large Volumes of Data

Ensuring the Highest

Ensuring the Highest Standards
of Data Quality

data-security

Data Security
and Confidentiality

Manage Compliance Burden

Manage Compliance
Burden efficiently

The IRIS Advantage

IRIS-NRB Partnership

Global BFSI trust IRIS iDeal with their regulatory reporting

Recognized by Central Banks and other regulators worldwide as trusted partner

Active member of several XBRL Jurisdictions

Global Recognition & Awards

Key Features of iDEAL

Streamlined Data Collation

Say goodbye to manual data entry. iDEAL® automates data preparation, ensuring efficiency, accuracy and consistency across all reports.

Automated Report Generation

With iDEAL®, generating and submitting regulatory reports becomes a seamless process. Our solution adapts to the latest NRB guidelines, ensuring compliance with minimal effort.

Advanced Data Security

Keep your sensitive financial data safe with iDEAL's advanced security features, including Single Sign-On (SSO), LDAP, and two-factor authentication. Plus, with on-premises hosting, your data remains within your secure environment.

The iDEAL® Advantage

Save Time and Resources

Automate the entire reporting process, from data preparation (extraction, computation and aggregation) to submission, freeing up valuable resources and reducing the compliance burden.

Enhance Data Quality and Consistency

Built-in validation checks ensure that your data is accurate and consistent, resulting in more reliable regulatory reports.

Reduce Compliance Costs

By automating your reporting processes, iDEAL® reduces compliance costs, allowing your institution to focus on what matters most—your core business.

Testimonials
What our Clients speak

See what our clients have to say about their experience working with IRIS Business Services.

https://www.irisbusiness.com/wp-content/uploads/2025/02/customer-review_9046283-1.png

Bhuvanesh Hingonarey

The iDEAL application is simple and intuitive to use for all business users. With automated reporting system set in place, our Bank is well positioned to adhere to the XBRL reporting mandate for future requirements

Head-ICT, AfrAsia Bank