Commercial Banks Earn Rs 13 Arba 14 Crore Profit in First Quarter, Profits of 16 Banks Decline

Commercial Banks Earn Rs 13 Arba 14 Crore Profit in First Quarter, Profits of 16 Banks Decline

In the first quarter of the current fiscal year 2082/83 (mid-July to mid-October), Nepal’s commercial banks have earned a combined profit of Rs 13 arba 14 crore 98 lakh. This marks a decline compared to the same period last year, when their total profit stood at Rs 16 arba 18 crore. Among the banks, Global … Read more

Kamana Sewa Development Bank Profit Rises in First Quarter

Kamana Sewa Development Bank Profit Rises in First Quarter

Kamana Sewa Development Bank Limited has published its unaudited financial report for the first quarter of fiscal year 2082/83. The bank earned a net profit of Rs. 19 crore 76 lakh, which is 12.92% higher than last year’s Rs. 17 crore 50 lakh. The bank said the profit increased because its income from interest and … Read more