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Development banks thrive as commercial banks struggle with profit decline

KATHMANDU: The net profits of Nepal’s commercial banks have declined by 4.6% in the current fiscal year’s first half, while national-level development banks have reported a 15% increase in earnings, reflecting contrasting financial performances across the banking sector. According to the latest financial data, eight national-level development banks collectively...

Development banks thrive as commercial banks struggle with profit decline
Donald Trump returns to White House with bold promises of retribution and policy reversal

Donald Trump returns to White House with bold promises of retribution and policy reversal

Banks’ net profit declines by 4.6pc due to increased provisioning by NRB

Banks’ net profit declines by 4.6pc due to increased provisioning by NRB

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Governor Adhikari attributes economic slowdown to anarchic banking activities

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Government debt increases by Rs 102.3 billion in six months

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Nepal’s economy shows recovery: exports surge by 31.8pc in first half of FY 2081-82

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From bribes to check distribution: Nepali Congress turns a blind eye as Minister Khadka’s alleged corruption

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Upper Karnali Hydropower secures joint financing, paving way for construction

PM Oli urges private sector to invest in energy, advocates self-reliance for mega projects

PM Oli urges private sector to invest in energy, advocates self-reliance for mega projects

Nepal opens IPO route for SMEs, aims to strengthen small businesses

Nepal opens IPO route for SMEs, aims to strengthen small businesses

Hydropower Scam Erupts: Minister Khadka faces backlash over controversial hydropower deals favoring Binod Chaudhary

Hydropower Scam Erupts: Minister Khadka faces backlash over controversial hydropower deals favoring Binod Chaudhary

Govt introduces draft for national public financial management reform strategy

Govt introduces draft for national public financial management reform strategy

Nepal’s new ordinance aims to attract investments and streamline business processes

Nepal’s new ordinance aims to attract investments and streamline business processes

Nepal Rastra Bank moves to declare Pokhara Finance a troubled institution amid rising financial woes

Nepal Rastra Bank moves to declare Pokhara Finance a troubled institution amid rising financial woes

Nepal eases land ceiling laws, offering relief to real estate developers

Nepal eases land ceiling laws, offering relief to real estate developers

Central bank struggles with liquidity surplus in financial system

Central bank struggles with liquidity surplus in financial system

Government amends Black Market Law, removes profit cap and penalties

Government amends Black Market Law, removes profit cap and penalties

New rules to restrict cooperative investments in stock and real estate

New rules to restrict cooperative investments in stock and real estate

Government achieves 84pc of revenue target despite challenges

Government achieves 84pc of revenue target despite challenges

Defamation case against local resident dismissed, exposing Chaudhary Group’s faulty food safety practices

Defamation case against local resident dismissed, exposing Chaudhary Group’s faulty food safety practices

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