NRB Unveils Net Profit Data of Commercial and Development Banks up to Jestha; Commercial Banks Earn Rs. 64.56 Arba
Summary
Nepal Rastra Bank reports that commercial banks earned a total net profit of Rs. 64.56 Arba and development banks Rs. 7.32 Arba up to Jestha of fiscal year 2082/83.
Key Points
- Nepal Rastra Bank released net profit data of commercial and development banks up to Jestha fiscal year 2082/83.
- Commercial banks collectively earned Rs. 64.56 Arba, led by Nabil Bank Limited's Rs. 8.49 Arba net profit.
- Development banks earned Rs. 7.32 Arba in total, with Garima Bikas Bank leading at Rs. 1.35 Arba.
- Some development banks reported losses, with Karnali Development Bank posting the highest loss of Rs. 24.59 Crores.
