Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.


Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter.

The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year.

When compared to the same quarter last year, the company’s deposits fell by 2.11% to Rs.4.40 Arba, while loans and advances increased by 2.84% to Rs.3.39 Arba. The company’s CAR is now 10.20%, down from 11.12% earlier.

The bank has Rs. 50.28 crore in paid-up capital. At this capital, the bank’s EPS is Rs. 4.60, and its net worth is Rs. 118.20.

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