NRB Report Highlights Commercial and Development Banks' Net Profits up to Magh; NABIL Tops the Charts Once More
Summary
Nepal Rastra Bank's report for fiscal year 2082/83 shows commercial banks earning a collective net profit of Rs. 47.01 Arba, led by Nabil Bank, while development banks earned Rs. 4.01 Arba with some posting losses.
Key Points
- Nepal Rastra Bank released the financial performance report for commercial and development banks up to Magh 2082/83.
- Commercial banks collectively earned a net profit of Rs. 47.01 Arba, with Nabil Bank leading at Rs. 5.38 Arba.
- Development banks reported a net profit of Rs. 4.01 Arba, despite some banks posting losses.
- Narayani Development Bank had the highest loss among development banks at Rs. 5.15 Crores.
