Kathmandu. Mahalaxmi Bikas Bank FY 2081. According to the financial statements till the end of the third quarter of 1982, it has become the lowest fund cost development bank.
According to the financial statement published by the bank, the fund cost percentage is 5.04 percent till mid-April of the current fiscal year. In the same period of the last fiscal year, the bank’s fund cost was 7.62 percent. The reduction in the fund cost percentage has had a positive impact on the base rate as well. According to this, the bank’s base rate is 7.14 percent till mid-March. Which is often lower than banks. Borrowers can take advantage of the low base rate of the bank as the interest rate on the loan taken by the borrower is also low.
Similarly, the minimum capital fund of Mahalaxmi Bikas Bank is 15.75 percent as compared to the minimum capital fund set by the Nepal Rastra Bank. Which was 12.75 percent in mid-April last year. It is easier for banks to manage risk when the minimum capital fund is high. In this way, the bank is strong in terms of capital and there will be no shortage of capital to expand the business in the coming days.
In line with the bank’s policy of providing state-of-the-art, safe and easy digital banking facilities to the customers, the bank has introduced ‘Mahalaxmi Smart Saathi’ by refining the mobile application and will continue to make its financial services more technology-friendly in the coming days.
