B-Class Banks in Nepal
In the context of Nepal, the class “B” banks are categorized and rated as development banks by the Nepal Rastra Bank. Development banks are one of the crucial financial institutions based on providing capital, loans and Besides B class, Nepal rastra bank has divided banks into A, C, and D categories.
Currently, there are 17 development banks listed as B-Class banks in Nepal by the Nepal Rastra Bank. Let’s have a look at them.
Banks | Headquarters | Paid up capital |
Corporate Development Bank | Birgunj, Madhesh | रु 50.00 crore |
Excel Development Bank | Birtamod, Province 1 | रु 124.97 crore |
Garima Bikas Bank | Lazimpat, Kathmandu | रु 518.77 crore |
Green Development Bank | Pokhara, Gandaki | रु 51.90 crore |
Jyoti Bikas Bank | Kamaladi, Kathmandu | रु 426.78 crore |
Kamana Sewa Bikas Bank | Gyaneshwor, Kathmandu | रु 314.26 crore |
Karnali Development Bank | Nepalgunj, Lumbini | रु 50.28 crore |
Lumbini Bikas Bank | Dillibazaar, Kathmandu | रु 338.28 crore |
Mahalaxmi Development Bank | Durbar Marg, Kathmandu | रु 401.09 crore |
Miteri Development Bank | Dharan, Province 1 | रु 101.50 crore |
Muktinath Bikash Bank | Kamaladi, Kathmandu | रु 642.09 crore |
Narayani Development Bank | Ratnanagar, Bagmati | रु 26.25 crore |
Salapa Bikash Bank | Diktel, Province 1 | रु 35 crore |
Saptakoshi Development Bank | Dhankuta, Province 1 | रु 83.43 crore |
Shangri-la Development Bank | Baluwatar, Kathmandu | रु 301.07 crore |
Shine Resunga Development Bank | Butwal, Lumbini | रु 428.39 crore |
Sindhu Bikas Bank | Barhabise, Bagmati | रु 55.75 crore |
These were the list of B-Class banks in Nepal to date. We will update you on any additional changes that might occur. Check out our website for other Bank and finance updates.