Kathmandu. National level development banks in the current fiscal year 2082. In the first seven months of the current fiscal year, the company has earned a net profit of Rs 3.88 billion.
According to the data released by Nepal Rastra Bank, the total profit of eight national level development banks has been Rs 3.88 billion till mid-January of the current fiscal year. Previous fiscal year 2081. In the same period of 2018, the bank had earned a net profit of Rs 3.30 billion. The profit of the banks increased by 17.52 percent in the review period compared to the previous year.
Muktinath Bikas Bank is the highest earner in terms of profit in the review period compared to the previous year, while Shangrila Development Bank is ahead in terms of growth rate.
Muktinath Bikas Bank has earned a net profit of Rs 82.15 crore in the first quarter of the current fiscal year. This is 30.50 percent more than the previous year. Muktinath had posted a net profit of Rs 62.95 crore in the same period last year.
Similarly, the second development bank, which makes the most profit, has dignity. In the review period, Garima has earned a net profit of Rs 77.94 crore. The company had posted a net profit of Rs 68.32 crore in the same period last year. The profit of the bank increased by 14.08 percent in the review period compared to the previous year.
Shine Resunga Development Bank is in the third position. During the review period, the bank earned a net profit of Rs. 51.82 crores. The bank had posted a net profit of Rs 44.66 crore in the same period last year. The profit of the bank increased by 16.03 percent in the review period compared to the previous year.
Similarly, Kamana Sewa Bikas Bank earned a profit of Rs 47.60 crore, Jyoti Bikas Bank Rs 38.56 crore, Shangrila Rs 35.76 crore, Mahalaxmi Rs 28.34 crore and Lumbini Rs 26.48 crore. Compared to the previous year, the profit of Kamana Sewa, Jyoti, Shangrila and Lumbini has increased while the profit of Mahalaxmi has decreased.
