Sbi

Summary

Nepal SBI Bank is a major commercial bank in Nepal, known for providing a wide range of banking services including deposits, loans, and remittances. It plays an important role in Nepal’s financial sector by supporting economic growth and community development.

Recent activity

30/09Nepal SBI Bank relocated its Shishuwa branch to Talchowk, Pokhara.

16/09Updated deposit and loan interest rates effective from Ashwin 1, 2083.

15/09Seeking commercial property in Gongabu Ward No. 26 for a new branch office lease.

10/09Contributed Rs 13.1 million to the Prime Minister’s Disaster Relief Fund.

30/08Distributed emergency relief materials and pledged ongoing support for flood-affected Bhotekoshi communities.

Context

Nepal SBI Bank is a joint venture commercial bank between the State Bank of India and Nepalese stakeholders. It has a strong presence across Nepal with numerous branches and ATMs, facilitating banking access for individuals and businesses. The bank regularly updates its interest rates to reflect market conditions and actively participates in social responsibility initiatives, such as disaster relief and community aid. Recent moves include branch relocations and expansion plans to better serve customers.