Let’s go to Kathmandu. The 20 commercial banks in operation have earned a net profit of Rs 43.88 billion in the first eight months of the current fiscal year.

The profit increased by 0.89 percent compared to the corresponding period of the previous year. The bank had posted a net profit of Rs 43.49 billion in the same period last year. During this period, the profit of the banks has not improved much.

Out of 20 commercial banks, the profit of 11 banks has decreased while the profit of only 9 banks has increased.

Nabil Bank has made the highest profit till mid-March. The bank made a profit of Rs 6.07 billion. Global IME Bank is in the second position with a net profit of Rs 4.62 billion.

Kumari Bank’s net profit increased by 274.65 percent to Rs 3.63 billion in the review period.

Nabil Bank, Kumari Bank, Prime Bank, Rastriya Banijya Bank, Sanima Bank, Siddhartha Bank, Machhapuchchhre Bank, Nepal SBI and Agricultural Development Bank have increased their profit till mid-March. The rest of the bank has declined.