The financial ability of Himalayan Bank is in a good – Ashoke SJB Rana, CEO

Apr Thu 2020 11:27:46

1280 views

The financial ability of Himalayan Bank is in a good – Ashoke SJB Rana, CEO

Now, The financial ability of Himalayan bank is good. We have been doing a good growth every year. We have given an average 25 percent of dividend since 10 years. We don’t have much big ups and down, we are progressing constantly.

Even the board doesn’t give us pressure to be the number one rather determines the aim to pointers like compliance and NPL. If you look at our income structure the 70 percent is just from the interest income. We have not survived only from the interest income as other banks. We have made an abundant income also from areas like remittance and cards.

The disputed dealings of fifty crore with Max Money has been concluded. Max Money has agreed to pay money to us. Malaysian Central Bank told to Max Money to deposit money in lump sum to us or else will dismiss the license. Max Money has already deposited thirty one crore rupees and other remaining money is being deposited as well. We have already done provision of this money, after the arrival of this money, it will be right back, it helps to increase our profit.