Sub Groups of the listed Company:
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 18 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 to 5 Districts Level||1 District Level|
|1||Garima Bikas Bank||Sapta Koshi Development Bank||Corporate Development Bank||Sahara Bikash Bank|
|2||Jyoti Bikash Bank||Excel Development bank||Salapa Bikash Bank|
|3||Kamana Sewa Bikas Bank||Green Development Bank|
|4||Lumbini Bikash Bank||Karnali Development Bank|
|5||Mahalaxmi Bikash Bank||Meteri Development Bank|
|6||Muktinath Bikash Bank||Narayani Development Bank|
|7||Shangrila Development Bank||Sindhu Bikash Bank|
|8||Shine Resunga Development Bank|