The net profit of Nepal Rastra Bank has increased by 41.34 percent in the financial year 2079-80. During that period, the profit of the Central Bank, which has a paid-up capital of 5 billion, has reached the height of 87.6 billion 37 million 45 thousand 448.

In the previous financial year, the net profit of Rashtra Bank was limited to 61.98 billion 712 thousand rupees. In this way, compared to the previous year, the profit has increased by 25.62 billion. Last year, Rashtra Bank earned 48.36 billion rupees from foreign currency interest and 15.437 billion rupees from domestic currency.

With the improvement in the interest received from foreign currency, the total operating income of the bank increased from 35.87 billion 21 lakhs to 66.92 billion 71 lakhs. It seems that 17 billion 11 crores have been earned from revaluation of gold and 10 billion from revaluation of foreign currency.

The bank has a general reserve fund of 76.12 billion and other reserve funds worth 81.30 billion.

Investment companies are also in high profit

Nepal Rastra Bank has invested 10 percent in Nepal Clearing House Limited. Only a few days ago, the 12th annual general meeting of this company was held. The assembly has passed the resolution of 30 percent dividend distribution of the paid-up capital. The assembly has passed the proposal for distribution of 28.5 percent bonus shares and 1.5 percent cash dividend required for tax purposes.

After the passing of bonus shares, the paid-up capital of the company has increased to 1 billion 66 lakh 37 thousand 900. The meeting increased the authorized capital of the company to Rs. 2 billion has been approved.

Another company invested by the National Bank is Nepal Banking Institute. The central bank owns only 9.50 percent of its shares. This company has also been making huge profits recently. This company has convened its 15th Annual General Meeting on 5th January. The general meeting is passing the resolution of 295 percent bonus shares and 15.53 percent cash dividend for tax purposes.

Rastrabank has paved the way for the distribution of 295 percent bonus shares to this company in which it has invested, even in the current adverse situation. After bonus distribution, the paid-up capital of this company will reach 19.75 million. After that, this company has also been guided to issue right shares worth 10 million 25 lakh rupees. This is more than 51 percent of the paid-up capital.

The central bank has opened the way to issue 295 percent bonus shares to the company in which it has invested, and then 51 percent rights. In the case of other companies, Rashtrabank has restricted the issue of bonus shares and rights.

Even though development banks have been asking for rightful shares for months, Rashtra Bank has not listened. Rashtra Bank is becoming negative even when some banks with tight capital ratios are demanding equity issuance of around 20 percent.

Similarly, Rastra Bank has invested in the Credit Information Center with a 9.50 percent share ownership. The credit information center has also been making huge profits. This company has also been distributing attractive dividends every year. The Central Bank has given silent support to this. A few years ago, this company distributed up to 40 percent dividend. 10 percent dividend was distributed last year.

Rashtra Bank's investment in the Deposit and Credit Protection Fund is 10 percent. It is also a high earning company. The paid-up capital of this company is 10 billion rupees. In the financial year 2078 79, it made a profit of more than 3 billion. 5 billion in profit in 2079-80.

Similarly, Rastra Bank has also invested 9.50 percent in Nepal Stock Exchange. Stock exchange is also a super profitable company. This company had distributed 100 percent dividend to its shareholders in the previous financial year.