Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.

Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global IME Bank, on the other hand, has made a net profit of Rs. 3 Arba and 55 Crores. Agricultural Development Bank, on the other hand, has the lowest net profit of Rs. 10 crores.

– With the successful merger of Global IME Bank and Bank of Kathmandu, the joint transaction in the name of Global IME Bank began on Poush 25, 2079.

Highlights:

• Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
• With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.
• The NEPSE Index rises 12.43 points to close at 2,182.61.
• NEPSE drops another 23.60 points to 2,046.81.
• The NEPSE Index falls further 13.90 points, closing at 2,091.56.