Latest · Monday, 2 November 2026

Banks' first-quarter profit rises 46 percent to Rs 19.14 billion as provisions fall

The 20 commercial banks earned Rs 19.14 billion in the first quarter, up 45.59 percent, as loan-loss provisions fell and the average bad-loan ratio rose to 5.64 percent. Gold fell Rs 8,300 to Rs 272,000 a tola on Sunday. NEPSE does not trade on Sundays.

• The 20 commercial banks reported a combined first-quarter net profit of Rs 19.14 billion, up 45.59 percent from about Rs 13.15 billion a year earlier.
• Their provisions for bad loans fell to about Rs 11 billion from about Rs 20 billion, Clickmandu reported, while net interest income rose only about 1 percent.
• The banks' average non-performing loan ratio rose to 5.64 percent from 4.86 percent a year earlier, Merolagani reported.