B Class Development Banks in Nepal

In Nepal, B class development banks in Nepal are financial institutions that are licensed by the Nepal Rastra Bank (NRB), the central bank of Nepal, to operate as development banks.

These banks are regulated by the Development Bank Act and are mandated to provide financial services to promote economic development and improve Nepal’s living standards.

List of B Class Development Banks in Nepal

There are 17 B-class development banks operating in Nepal, each serving a specific geographic area or working towards a particular sector or economic activity. These banks play a crucial role in providing financial access and supporting economic growth in Nepal.

S.No.NameOperation DateHeadquarter
1Narayani Development Bank Ltd.2001/10/17Ratna Nagar, Chitwan
2Karnali Development Bank Ltd.2004/02/18Nepalgunj, Banke
3Excel Development Bank Ltd.2005/07/21Birtamod, Jhapa
4Miteri Development Bank Ltd.2006/10/13Dharan, Sunsari
5Muktinath Bikas Bank Ltd.2007/01/03Kamaladi, Kathmandu
6Corporate Development Bank Ltd.2007/11/07Birgunj, Parsa
7Sindhu Bikas Bank Ltd.2010/09/09Barhabise, Sindhupalchowk
8Salapa Bikash Bank Ltd.2012/07/16Diktel, Khotang
9Green Development Bank Ltd.2013/08/25Pokhara, Kaski
10Shangrila Development Bank Ltd.2014/07/13Baluwatar, Kathmandu
11Shine Resunga Development Bank Ltd.2013/03/17Butwal, Rupandehi
12Jyoti Bikas Bank Ltd.2016/08/12Kamaladi, Kathmandu
13Garima Bikas Bank Ltd.2021/11/14Lazimpat, Kathmandu
14Mahalaxmi Bikas Bank Ltd.2017/7/2Durbar Marg, Kathmandu
15Lumbini Bikas Bank Ltd.2017/7/9Dillibazar, Kathmandu
16Kamana Sewa Bikas Bank Ltd.2017/8/4Gyaneshwor, Kathmandu
17Saptakoshi Development Bank Ltd.2019/07/07Dhankuta , Koshi

B Class Development Banks Paid Up Capital & Working Area

B Class Development Banks in Nepal
S.No.NamePaid Up CapitalWorking Area
1Narayani Development Bank Ltd.13.121-3 District Level (Nawalparasi, Chitwan, Makawanpur)
2Karnali Development Bank Ltd.50.281-5 District Level (Banke, Bardiya, Dang, Pyuthan, Rolpa)
3Excel Development Bank Ltd.115.181-5 District Level (Ilam, Jhapa, Morang, Sunsari, Panchthar)
4Miteri Development Bank Ltd.90.341-5 District Level (Jhapa, Morang, Sunsari, Dhankuta, Udayapur)
5Muktinath Bikas Bank Ltd.565.72National Level
6Corporate Development Bank Ltd.411-3 District Level (Parsa, Makawanpur, Kavrepalanchowk)
7Sindhu Bikas Bank Ltd.55.751-5 District Level (Sindhupalchowk, Kavre, Dolkha, Makawanpur, Chitwan)
8Salapa Bikash Bank Ltd.2.81 District Level (Khotang)
9Green Development Bank Ltd.51.91-5 District Level (Baglung, Myagdi, Kaski, Tanahu, Nawalparasi East)
10Shangrila Development Bank Ltd.301.07National Level
11Shine Resunga Development Bank Ltd.378.1National Level
12Jyoti Bikas Bank Ltd.426.78National Level
13Garima Bikas Bank Ltd.394.82National Level
14Mahalaxmi Bikas Bank Ltd.334.24National Level
15Lumbini Bikas Bank Ltd.328.43National Level
16Kamana Sewa Bikas Bank Ltd.314.26National Level
17Saptakoshi Development Bank Ltd.83.431-7 District Level (Morang, Ilam, Panchthar, Jhapa, Sunsari, Dhankuta, Terhathum)