Mega records profit

KATHMANDU: Mega Bank has been able to book profit worth more than Rs 393 million in the first half of the ongoing fiscal year.

Issuing a press statement on Sunday, officials of the bank informed that the bank’s profit increased by a whopping 385 per cent in the second quarter of the year to stand at Rs 393 million.

As per officials of Mega Bank, the bank had booked profit worth just over Rs 80 million in the first quarter of fiscal 2017-18.

Similarly, the bank also said in the statement that its deposit has increased to more than Rs six billion while its total lending is almost Rs 5.5 billion in the first half of this fiscal year.