$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160708035611_nrrb.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
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
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160708035611_nrrb.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
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
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160708035611_nrrb.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
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
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160708035611_nrrb.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2016-07-08 00:00:00'
$dateFromDatabase = (int) 1467915300
$newDate = 'Jul 08, 2016'
$articleView = array(
'article_id' => '3932',
'hit' => '1140'
)
$word_count = (int) 360
$time_to_read = (float) 1.8
$time_to_read_min = (float) 1
$time_to_read_second = (float) 48
include - APP/View/Articles/view.ctp, line 241
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
July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.
According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.
Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.
During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
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
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
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
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]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
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
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
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
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]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3932',
'article_category_id' => '1',
'title' => 'Banking Sector Profit Rises by 18%',
'sub_title' => '',
'summary' => 'July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.',
'content' => '<p style="text-align: justify;">July 8: Banks and financial institutions (BFIs), except microfinance, have seen a whopping 18 percent rise in their profit during the ten months of the current fiscal year. The profit of BFIs increased to Rs 32.90 billion in the review period of FY 2015/16 from Rs 27.13 billion to the corresponding period of the last FY. The result has been compiled from the details of 144 BFIs among the 146 institutions.</p>
<p style="text-align: justify;">According to Nepal Rastra Bank (NRB), the details of troubled Samjhana Finance and Himalayan Finance were not available. On the basis of percentage, finance companies have logged the highest profit. The profit of such companies has amounted to Rs 2.13 billion increasing by 84 percent compare to last year. Similarly, development banks have registered a total profit of Rs 4.61 billion increasing by 20 percent. Meanwhile, profit of commercial banks have totaled Rs 26 billion in the review period increasing by more than 18 percent compared to same period of the last year. Likewise, 41 microfinance companies that are under operation increased their profit by 38 percent totaling Rs 2.88 billion during the review period.</p>
<p style="text-align: justify;">Similarly, the paid-up capital of BFIs has increased by Rs 18.58 billion since mid-June 2015. The increase is attributed to the capital plan of BFIs implemented by NRB last year. After the central bank’s directive, BFIs have aggressively embarked on increasing their paid-up capital. Currently, the total paid-up capital of BFIs has reached Rs 159.38 billion. The amount is seven percent of GDP which was earlier 6.26 percent.</p>
<p style="text-align: justify;">During the review period, the deposits of BFIs have increased by 18 percent reaching Rs 1,965 billion. Similarly, BFIs have extended their loans to Rs 1, 567 billion increasing by 19 percent. The extension of loan has increased by Rs 200 billion since mid-June 2015. In the meantime, the credit to deposit (CD) ratio has been registered at 78 percent. The CD ratio of development banks and finance companies is slightly higher even the NRB had directed to maintain CD ratio at 80 percent. During the review period, average interest on deposits was registered three percent while interest on loans has been averaged at 9.3 percent.</p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-07-08',
'modified' => '2016-07-08',
'keywords' => '',
'description' => '',
'sortorder' => '3765',
'image' => '20160708035611_nrrb.jpg',
'article_date' => '2016-07-08 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3932',
'hit' => '1140'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
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
