NIFRA Records 13.85% Drop in Annual Profit Despite Reserve Growth in FY 2081/82
Nepal Infrastructure Bank (NIFRA) posted a 13.85% decline in net profit in the fourth quarter of FY 2081/82, totaling NPR 1.14 billion. While net interest income and core earnings decreased, the bank showed strong growth in reserves and loan expansion, reflecting financial resilience amid a challenging economic environment.
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ShareSanskar | Shrawan 7, 2082
Nepal Infrastructure Bank (NIFRA) has unveiled its unaudited fourth-quarter financial odyssey for fiscal year 2081/82, revealing a complex tapestry of strategic recalibration amid volatile market dynamics. The institution\