Kamana Sewa Bikas Bank's net profit rises nearly 17 percent in first quarter

Kamana Sewa Bikas Bank's net profit rose in the first quarter of the current fiscal year 2083/84 BS. According to the unaudited financial statements published by the bank for the period up to the end of Asoj, net profit increased by 16.99 percent.

The bank earned a net profit of Rs 231,155,000 during this period.

The profit rose after improvement in the bank's non-performing loans led to a reduction in provisioning.