Kathmandu. The earnings of commercial banks from stock trading have increased in double digits. In the last three months, banks have earned more than 2.5 billion rupees from stock trading. This is shown in the first quarter financial statements of the current fiscal year 2082-83 recently published by the banks.

As of mid-Asoj, banks have earned 2.64 billion rupees from stock trading. This is 23.73 percent more than the same period of the previous fiscal year. In the first quarter of the previous fiscal year, banks had earned 2.13 billion rupees.

Nepal Rastra Bank has provided banks with the facility to invest 1 percent of their paid-up capital in the stock market. Through this facility, there is a provision that banks must show the investment made in the stock market in net trading income.

Most banks have increased such income during the review period. However, Nepal Bank's 32.19 percent, Krishi Bikas Bank's 165 million rupees such income appears to be negative. Apart from these, Prabhu Bank's 25.49 percent and Sanima's 10.19 percent have decreased. Other banks have increased their income from share trading at a high rate.

Global IME Bank is on the top list of those who have earned the most such income. The bank has earned 284.266 million rupees from share trading in three months. This is 67.39 percent more than the previous fiscal year.

Rastriya Banijya Bank, which is in second place, has earned 226.1 million rupees. While the bank's such income in the previous fiscal year was negative 18 million rupees.

Nabil Bank, which is in third place, has also increased its income from share trading by 29.89 percent to 225 million rupees.

Laxmi Sunrise Bank is on the first list of those who have increased such income. During the review period, the bank's such income has increased by 193.73 percent to 214.4 million rupees.

Himalayan Bank, which is in second place, has also increased by 109.64 percent to Rs 206.1 million.

NIC Asia Bank has also increased by 86.88 percent, Prime by 86.06 percent, Kumari by 74.31 percent, NMB by 73.97 percent, Nepal Investment Mega Bank by 72.29 percent, Machhapuchhre by 61.91 percent, Siddhartha by 57.60 percent, Citizens by 25.32 percent, Everest by 23.77 percent, Nepal SBI by 18.29 percent and Standard Chartered by 18.11 percent.