We have a list of “B” Class Development Banks in Nepal. As of now, 16 “B” class development banks are serving the people of Nepal.
Development Banks are the “B” class banks and financial institutions in Nepal. It is regulated by the Nepal Rastra Bank. There are two types of development: regional and national level.
Regional development works for the people of certain areas. For example Karnali Development Bank, Saptakoshi Development Bank, Narayani Development Bank, etc.
National-level development banks serve the people nationwide. For example Garima Bikas Bank, Kamana Sewa Bikas, Lumbini Bikas Bank, Muktinath Bikas Bank, etc.
List of “B” Class Development Banks in Nepal
Following is the List of “B” Class Development Banks in Nepal.
S.N | Name of the Bank | Symbol |
---|---|---|
1 | Corporate Development Bank Ltd | CORBL |
2 | Excel Development Bank Ltd | EDBL |
3 | Garima Bikas Bank Ltd | GBBL |
4 | Green Development Bank Ltd | GRDBL |
5 | Jyoti Bikash Bank Ltd | GBBL |
6 | Kamana Sewa Bikas Bank Ltd | KSBBL |
7 | Karnali Development Bank Ltd | KRBL |
8 | Lumbini Bikas Bank Ltd | LBBL |
9 | Mahalaxmi Bikas Bank Ltd | MLBL |
10 | Miteri Development Bank Ltd | MDB |
11 | Muktinath Bikas Bank Ltd | MNBBL |
12 | Narayani Development Bank Ltd | NABBC |
13 | Saptakoshi Development Bank Ltd | SAPDBL |
14 | Shangrila Development Bank Ltd | SADBL |
15 | Shine Resunga Development Bank Ltd | SHINE |
16 | Sindhu Bikas Bank Ltd | SINDU |
Hence, these are the development banks in Nepal.
In conclusion, Nepal has 16 development banks including regional and national level development banks. The paid-up capital of the development banks ranges from Rs. 50 crore to Rs. 7 arba.
Other Important Links
National-Level Development Banks in Nepal
Those “B” class banks with more than Rs. 2.5 arba paid up capital is national level development bank. The following are the national-level development banks in Nepal:
- Muktinath Bikas Bank Ltd.
- Kamana Sewa Bikas Bank Ltd.
- Garima Bikas Bank Ltd.
- Shine Resunga Development Bank Ltd.
- Jyoti Bikash Bank Ltd.
- Mahalaxmi Bikas Bank Ltd.
- Lumbini Bikas Bank Ltd.
- Shangrila Development Bank Ltd.
Regional Level Development Banks in Nepal.
There are 8 Regional level development Banks in Nepal. The following are the regional-level development banks in Nepal:
- Excel Development Bank Ltd.
- Miteri Development Bank Ltd.
- Saptakoshi Development Bank Ltd.
- Sindhu Bikas Bank Ltd.
- Green Development Bank Ltd.
- Corporate Development Bank Ltd.
- Karnali Development Bank Ltd.
- Narayani Development Bank Ltd.
Frequently Asked Questions
How many B-class banks are there in Nepal?
= There are 16 B-class banks in Nepal.
Number of Development Banks in Nepal?
= There are 16 Development Banks in Nepal.
What do you mean by a development bank in Nepal?
= All the “B” class banks and financial institutions in Nepal are development banks.
Minimum paid-up capital required for Development Bank?
= The Minimum paid-up capital required for a national-level development bank is Rs. 2.5 arba.