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Sub Groups of the listed Company:

Development Banks

Development banks are 'B' type Financial Institution. On the basis of geographical coverage and activity level, the development banks are three types and these are a) 1- 3 districts type b) 4- 10 districts type and c) national type .

As per th NRB rules the new paid up capital requirement for these development banks are respectively NRs.500 million, 1.2 billion and 2.5 billion  and it was previously NRs.100, 200 and 640 millions respectively.

As a result of changed requirement to increase paid up capital , many of then operating development banks have merged or restructured the organization to establish a stronger financial institution. In the process, some development banks acquirred finance companies and improved their positions and some merged with other stronger finance company or development bank or with the commercial bank.

At present there are 37 development banks. The development banks are presented here on alphabetical order stating their classification types. Navigation links are gradually being developed for all banks and it is not given for all the development banks.


SN  National Level 10 District Level 3 Districts Level 1 District Level
1 Deva Bikash Bank Shine Resunga Development Bank Bhargab Bikas Bank Hamro Bikash Bank
 2  Gandaki Development Bank Sewa Bikash Bank Corporate Development Bank Kabeli Bikas Bank
 3  Garima Bikas Bank   Excel Development bank Mount Makalu Development Bank
 4 Jyoti Bikash Bank   Green Development Bank Sahara Bikash Bank
 5  Kailash Bikas Bank    Kanchan Development Bank Salapa Bikash Bank
 6 Kamana Bikas Bank   Kankai Bikas Bank  
 7 Lumbini Bikash Bank   Karnali Bikash Bank  
 8 Mahalaxmi Bikash Bank   Mission Development Bank  
 9  Muktinath Bikash Bank    Meteri Development Bank  
 10  OM Development Bank   Nepal Community Development Bank  
 11 Shangrila Development Bank   Narayani Development Bank  
 12     Purnima Bikash Bank  
 14     Sahayogi Bikas Bank  
 15     Sajha Bikash Bank  
 16     Sindhu Bikash Bank  
 17     Tinau Bikas Bank  
 18   Sapta Koshi Development Bank  
 19     Western Development Bank  
  11 2 19 5


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Corporate News

HIDCL, Power China to build 762MW Tamor reservoir project

Kathmandu, September 16- The Hydroelectricity Investment and Development Company Ltd (HIDCL) and state-owned Power China Corporation have jointly submitted a project development proposal at the Investment Board Nepal (IBN) to build the 762-megawatt Tamor reservoir project, which will cover Panchthar, Taplejung, Terhathum and Sankhuwasabha districts.

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Age limit set for CEOs, directors at BFIs

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Sebon unveils policies and programs for FY 2019/20

KATHMANDU, July 16: The Securities Board of Nepal (Sebon) has unveiled a 72-point Policy and Program for Fiscal Year 2019/20 for the development of the securities and commodities exchange market.

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