Kathmandu. Due to the increase in bad loans in banks, the expenses allocated for the management of the banks have increased by 94.26 percent in the last financial year. In the previous financial year, the amount of 13 billion 34 billion rupees and 85 billion rupees allocated for impairment charges has increased to 25 billion 93 billion rupees in the last financial year.

This means that banks have to spend more on risk management. Due to the recession in the economy after the covid, the banks have not been able to recover the loans on time. That is why the charge has increased. The financial statements of Kumari and Himalanay Bank have deteriorated due to non-payment of loans.

Although the banks have put all their manpower into recovery, it is becoming difficult to recover the debt. It is especially difficult for banks to recover loans from large borrowers than from small borrowers. However, in the last year, 6 banks have reduced the impairment charge, while the remaining 15 banks have increased the impairment charge. In the last year, Global IME Bank, Laxmi Sunrise Bank, Nepal Investment Mega Bank, NMB Bank, Prabhu Bank and Krishi Bikas Bank have reduced the impairment charge kept for the management of RICS, while other banks have increased it.

Krishi Bikas Bank has reduced the Impairment Charge by 7.42 percent to Rs 919.1 million, while Global IME Bank has reduced the Impairment Charge by Rs 3.5 billion and the bank has managed its risk to Rs 2.71 billion. Krishi Bikas Bank has set aside 91.91 million impairment charges in the last financial year. It has been mentioned in the data released by Nepal Bankers that it has decreased by 7.42 percent in the previous financial year. In the previous financial year, the bank allocated 99.27 million impairment charges.

Global IME Bank has waived 2 billion 71 crore impairment charges in the last year. This is 894.16 percent less than last year's Tulan. Lakshmi Sunrise Bank has waived 91.56 million Impairment Charges in the last financial year. This is 182.16 percent less than last year's Tulan. Nepal Investment Mega Bank has waived 2 billion 44 crores of impairment charges in the last year. This is 236.23 percent less than last year's Tulan. In the previous year, the bank had waived 1 billion 79 crore impairment charges.

NIC Asia Bank has waived 394.1 million impairment charges in the last year. This is 54.44 percent less than last year's Tulan. In the previous year, the bank had waived 865.2 million impairment charges. NMB Bank has waived 1 billion 16 million impairment charges in the last year. This is 3232.60 percent less than last year's Tulan. In the previous year, the bank had waived 37.2 million impairment charges.

Prabhu Bank has waived 2 billion 43 crore impairment charges in the last year. This is 23568.23 percent less than last year's Tulan. In the previous year, the bank had waived 1 crore 3 lakh impairment charges.

Last year, Citizens Bank allocated Rs 73 crore 3 lakh towards impairment charges. The amount allocated by the bank is 32 percent more than the previous year. In the previous year, the bank had set aside 55 crore 24 lakh as impairment charges. Everest Bank has set aside 73.54 million for impairment charges last year. This is 125.98 percent more than last year's Tulan. In the previous year, the bank had set aside 325.54 million impairment charges.

Himalayan Bank has allocated 2 billion 15 crores for impairment charges last year. This is 31.49 percent more than last year's. In the previous year, the bank had written off 1 billion 63 crores in impairment charges. Kumari Bank has set aside 5.73 billion for impairment charges last year. This is 264.89 percent more than last year's. In the previous year, the bank had set aside 1.57 billion in impairment charges.

Machhapuchhre Bank had set aside 820 million 32000 for impairment charges last year. This is 63.60 percent higher than last year's Tulan. In the previous year, the bank had set aside 500 million 12 million impairment charges. Nabil Bank has set aside 3.88 billion for impairment charges last year. This is 247.64 percent more than last year's Tulan. In the previous year, the bank allocated 1 billion 11 billion as impairment charge.

Nepal Bank has set aside 1 billion 17 crores for impairment charges. This is 37.65 percent more than last year's Tulan. In the previous year, the bank had set aside 853.6 million impairment charges. Nepal SBI Bank has set aside 1 billion 9 lakhs last year for impairment charge. This is 75.07 percent more than last year's Tulan. In the previous year, the bank had set aside 626.1 million impairment charges.

Prime Commercial Bank has set aside 2.91 billion last year for impairment charges. This is 135.49 percent more than last year's. In the previous year, the bank allocated 1 billion 23 million. The National Commercial Bank allocated 1 billion 8 million for impairment charges last year. This is 203.75 percent more than last year's. In the previous year, the bank allocated 35.57 million.

Sanima Bank has set aside 1.5 billion for impairment charges last year. This is 90.49 percent more than last year's Tulan. In the previous year, the bank allocated 554.3 million. Sidwarth Bank has set aside 1.12 billion for impairment charges last year. This is 85.64 percent more than last year's Tulan. In the previous year, the bank allocated 607.4 million.

Standard Chartered Bank allocated Rs 598.3 million for impairment charges last year. This is 345.50 percent more than last year's Tulan. In the previous year, the bank had disbursed 13.43 million.