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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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Development banks have registered higher profit growth than commercial banks in the third quarter of the current fiscal year. In this period, the average profit growth of 27 commercial banks is just 2.36 percent higher compared to the corresponding period of the last fiscal year 2018/19, whereas the average profit growth of 21 development banks has been registered at 10.39%.
In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year.
Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3rd quarter of the current fiscal year.
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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simplexml_load_file - [internal], line ??
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">In the third quarter of the current fiscal year, 21 development banks have earned a total of Rs 4.55 billion in profit which was Rs 4.12 billion in the corresponding period of FY2018/19. Muktinath Bikas Bank has logged highest profit among the class ‘B’ banks. The bank earned Rs 676 million in profit, up 8 percent from Rs 625.5 million in the same period of last fiscal year. Garima Baikas Bank and Lumbini Bikas Bank are second and third high profit earners, respectively; Garima Bikas has registered a profit of Rs 496.40 million while Lumbini Bikas reported profit of Rs 437.60 million. Similarly, Shine Resunga Development Bank has earned Rs 436.70 in profit, up 40.48 percent from Rs 310.90 in the corresponding period of the last fiscal year. </span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:15.0pt"><span style="font-family:"Nirmala UI",sans-serif">Among the 21 development banks, seven development banks, namely Corporate Development Bank, Deva Bikas Bank, Excel Development Bank, Gandaki Bikas Bank, Sahara Bikas Bank, Sindhu Bikas Bank and Shangri-la Development Bank, have seen their profits decline in the 3<sup>rd</sup> quarter of the current fiscal year. </span></span></span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
