NRB Report Highlights Commercial and Development Banks' Net Profits up to Kartik; GBIME Tops the Charts
Summary
Nepal Rastra Bank's report reveals commercial banks earned Rs. 19.37 Arba in net profits by Kartik, with Global IME Bank leading. Development banks earned Rs. 1.79 Arba, led by Garima Bikas Bank.
Key Points
- Commercial banks achieved a combined net profit of Rs. 19.37 Arba by Kartik.
- Global IME Bank topped commercial banks with Rs. 2.51 Arba net profit.
- Development banks collectively earned Rs. 1.79 Arba in net profit despite losses at eight banks.
- Garima Bikas Bank led development banks with Rs. 39.77 Crores profit.
