Karnali Development Bank's Net Profit Tripled

Karnali Development Bank has reported a remarkable surge in its financial performance during the second quarter of the fiscal year 2080/81. The bank's net profit has tripled, reaching Rs. 4.48 Crore in the initial six months, a substantial increase from Rs. 1.63 Crore in the corresponding period last year.

The Non-Performing Loan (NPL) ratio, has risen to 4.47% compared to 3.17% in the previous year. The equity capital is Rs. 50.28 Crore, and the reserve has increased to Rs. 39.23 Crore. The bank's Earnings per Share (EPS) is Rs 9.51, and the Price to Earnings (P/E) ratio is 41.74 times. 

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