Net Profit of Kanchan Development Bank Increases 38%

May 13, 2019 Merolagani

Kanchan Development Bank (KADBL) has increased its net profit by 38.47 percent to Rs 55.2 million compared to Rs 39.8 million of the corresponding period of the last FY.

The bank with Rs 531.3 million in paid-up capital has Rs 117.2 million in reserve fund.

During the period, the bank collected deposit of Rs 5.08 billion and extended loan of Rs 4.47 billion.

 The bank has bad debt of 1.83 percent,  EPS of Rs 13.86 and net worth per share of Rs 122.06.    

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SEBON Reinstate Same Old Mantra; New Stock Exchange for Market Development

Jul 15, 2019 04:33 PM

Securities Board of Nepal (SEBON) has reinstated its commitment of opening new stock exchange for the development of the domestic stock market