Kathmandu. The salaries of commercial bank employees have increased by 2.25 billion rupees. By the end of Chaitra of the current fiscal year 2081/82, banks have increased the salaries of employees by 6.064 percent, or 2.48 billion rupees, to 43.63 billion rupees. In Chaitra of last year, 20 commercial banks had paid 41.14 billion rupees as salaries to employees.

Most banks have increased the salary expenditure of employees during the review period. During this period, the employee expenditure of 16 banks has increased, while the employee expenditure of 4 banks has decreased, according to the data of the National Bank. NMB Bank has increased the salary expenditure of employees the most during the review period. The bank has paid 2.23 billion rupees to employees, increasing by 35.57 percent.

According to the National Bank, Himalayan Bank has increased its salary by 24.65 percent to Rs 2.48 billion 16 million, Prime Bank has increased its salary by 20.39 percent to Rs 1.29 billion 49 million, Laxmi Sunrise Bank has increased its salary by 14.45 percent to Rs 2.86 billion 77 million, Nepal Investment Mega (NIMB) Bank has increased its salary by 8.78 percent to Rs 2.36 billion 11 million.

Similarly, NIC Asia Bank has increased its salary by 8.36 percent to Rs 2.54 billion 546 million, Sanima Bank has increased its salary by 7.92 percent to Rs 1.23 billion 42 million, Machhapuchhre Bank has increased its salary by 7.17 percent to Rs 1.65 billion 59 million, and Siddhartha Bank has increased its salary by 6.66 percent to Rs 2.64 billion.

Prabhu Bank increased its salary expenditure by 6.54 percent to Rs 2.79 billion, Citizens Bank increased its salary expenditure by 4.89 percent to Rs 1.30 billion, Everest Bank increased its salary expenditure by 4.66 percent to Rs 1.36 billion, and Nepal Bank increased its salary expenditure by 2.71 percent to Rs 2.75 billion.

According to the National Bank, Global IME Bank increased its salary expenditure by 2.05 percent to Rs 2.94 billion, Nepal SBI Bank increased its salary expenditure by 0.64 percent to Rs 1.15 billion, and Standard Chartered Bank increased its salary expenditure by 0.31 percent to Rs 789 million.

However, Nabil Bank, Rastriya Banijya Bank, Kumari Bank, and Krishi Bikas Bank have reduced their salary expenditure. Nabil Bank's salary expenditure has decreased the most during the review period. Nabil Bank has decreased its salary expenditure by 5.43 percent to Rs 2.85 billion. In Chaitra last year, this bank paid Rs 3.166 billion in salaries.

Similarly, Kumari Bank has paid a 0.77 percent decrease to Rs 3.54 billion and Krishi Bikas Bank has paid a 0.15 percent decrease to Rs 2.74 billion.

During this period, Rastriya Banijya Bank has spent Rs 3.146 billion on the salaries of its employees. Which is the highest amount in the banking sector. In Chaitra last year, the bank had paid Rs 3.278 billion to its employees.