Saptakoshi Devt Bank Earns Rs 37 Mn in Net Profit

Jul 24, 2018 Merolagani

Saptakoshi Development Bank (SDBL) has earned a net profit of Rs 37 million in the last FY. The net profit was Rs 33.5 million in the previous FY.

In the review period, the bank extended loan of Rs 1.36 billion and collected deposit of Rs 1.55 billion.

In the review period, the bank increased its paid-up capital to Rs 508.5 million from Rs 211 million and reserve fund to Rs 58.68 from Rs 34.08 million.

The bank has net worth per share of Rs 7.29 and P/E ratio of 16.18 times. The bank has net worth per share of Rs 114.54.

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