Axis Development Bank has reported steep decline in net profit. The
bank’s profit fell to Rs 2.03 crore in the FY 2069/70 from Rs 5.75 crore
reported in previous fiscal, a slide of 64.62%.
The bank’s deposits increased 51.47% to Rs 1.57 arba and loans and advances grew 54.11% to Rs 1677758520.
Pokhara Finance Limited’s profit increased a massive 157.06% to Rs 1.17 crore in the FY 2069/70. The company had reported a loss of Rs 2.05 crore in the last fiscal.
The bank’s deposits increased 51.47% to Rs 1.57 arba and loans and advances grew 54.11% to Rs 1677758520.
Pokhara Finance Limited’s profit increased a massive 157.06% to Rs 1.17 crore in the FY 2069/70. The company had reported a loss of Rs 2.05 crore in the last fiscal.
