July 21: NIC Asia has significantly increased its profit in FY 2072/73. The bank informed of increasing its profit by Rs 390 million compared to FY 2071/72.
The bank has earned the profit of Rs 1.07 billion in FY 2072/73 which was Rs 680 million in FY 2071/72. Similarly, the bank has also made significant increment in the collection of deposits and loan extension in the last FY. According to the bank, it has collected deposits of Rs 69.48 billion and extended loan of Rs 58.45 billion during the period
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