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Business slowdown and increased operational costs take toll on banks’ profits in first 11 month of current FY
July 13, 2024 21:00 pm
KATHMANDU, July 13: Profits of banks and financial institutions (BFIs) dropped 16.05 percent to Rs 61.96 billion in the first 11 months of the current fiscal year mainly due to a decline in their businesses and soaring non-performing loans.
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