Kathmandu. In the first 11 months of the current FY, the development banks have earned a net profit of Rs 7.32 billion. According to the data released by Nepal Rastra Bank, Garima Bikas Bank has become the highest profitable development bank.
Garima Bikas Bank earned a net profit of Rs 1.35 billion in the review period.TAG_OPEN_div_15 It is followed by Muktinath Bikas Bank and Sine Resunga Bikas Bank with net profit of Rs 1.26 billion and Rs 1.01 billion respectively. Except for these three banks, all other development banks have a net profit of less than Rs 1 billion.
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