Kathmandu. Despite the Corona disaster, NIC Asia and Prabhu Bank have expanded their business significantly. While some banks have remained silent on the situation, some have appeared aggressive.

In Corona, NIC Asia and Prabhu Bank have made leaps in deposit collection and credit expansion. At the same time, NIC Asia has overtaken Rastriya Banijya Bank in terms of deposit collection and credit expansion.

In mid-July, Rastriya Banijya Bank topped the list in terms of deposit collection, followed by Global IME Bank and NIC Asia Bank. As of mid-July, Global IME was first, NIC second and RBB third.

According to the Bankers Association, NIC Asia topped the list in terms of both deposit mobilization (Rs 35 billion) and credit investment (Rs 29 billion) in the first three months.

In the same period, Nepal Investment Bank (19 billion) and Global IME Bank (13 billion) are in the second and third place respectively in terms of deposit collection.