Kathmandu. Banks and finance companies have made a profit of Rs 47.13 billion till the second quarter of the current fiscal year. The profit earned by banks and finance companies during the period was Rs 1.17 billion more than the same period of the previous fiscal year. Banks and finance companies had earned a profit of Rs 45.96 billion in the second quarter of the last fiscal year.

Civil Bank has earned the lowest profit till this period of the current fiscal year. Civil Bank has made a profit of Rs. The profit of the bank is less than that of the development bank. Garima Development Bank has earned a profit of Rs 530 million during the period. Mahalakshmi has earned a profit of Rs 4.61 billion.

Commercial banks had made a net profit of Rs 42.40 billion in the period from July to February. However, it has earned only Rs 41.95 billion net profit this year.

Development banks' profits have doubled amid the Kovid epidemic. Development banks have made a profit of Rs 4.24 billion in the current fiscal year, while finance companies have made a profit of Rs 93.6 million. The profit of the development bank was Rs 2.95 billion and that of the finance company was Rs 61.20 million during the same period last fiscal year.

Nabil Bank making the highest profit : Nabil Bank has earned the highest profit till the second quarter of the current fiscal year while Global IME has become the second highest earning bank. Nabil Bank has become the most profitable bank with a profit of Rs 3.12 billion from July to February. Global Bank has been listed as the second most profitable bank in the world. The bank has made a profit of Rs 3.8 billion till the second quarter. The lowest is Mahalakshmi Bank

Similarly, NIC Asia, Nepal Investment Bank, Prime Bank and NMB have been included in the list of banks earning more than Rs 2 billion. NIC Asia Bank has earned a profit of Rs 2.78 billion as of February this year, while Nepal Investment Bank has earned a profit of Rs 2.43 billion. Prime Bank has made a net profit of Rs 2.40 billion and NMB Bank has made a net profit of Rs 2.19 billion.

Nepal Bank Limited, Krishi Vikas Bank, Kumari and Prabhu, Siddhartha Bank have earned more than Rs 1.5 billion in the current fiscal year. Prabhu Bank has earned a profit of Rs 1.98 billion till the end of this year, while Nepal Bank has earned a profit of Rs 1.91 billion. Mega Bank has earned a profit of Rs 1.77 billion, Agriculture Development Bank Rs 1.69 billion and Kumari Bank Rs 1.64 billion.

Sanima Bank has made a profit of Rs 1.47 billion, Everest Bank Rs 1.30 billion, Machhapuchche Bank Rs 1.4 billion, Laxmi Bank Rs 1.2 billion, Citizen Bank Rs 1.12 billion and Sunrise Bank Rs 1.15 billion. The profit of other banks is below Rs 1 billion, according to Nepal Rastra Bank