Possibility of growth of commercial bank in Nepal

In this country the banks are limited on only the town where as more than 76 percent are living in  the rural area.Due to the lack of development of physical infrastructure like transportation, electricity, drinking water,health etc made difficulty to growth of bank to expansion their area till the rural area however now these services or services of transportation, electricity,and other thing are increasing rapidly like that bank are going in these places.In Nepal there is a great possibility of growing the banking market for this it should be provide the banking education to the general people, made aware about the banking services and also about the benefit od using bank.

Modern services providing commercial bank

As the world is running through internet like that the banking services are also become internet based, in other word bank are providing the banking services from inside of room for every corner of the world.Nepalese commercial bank has also adopted the modern banking services to their customer.Modern banking services refers ATM service, mobile and internet banking, IME services and home transaction. People need not go to the bank for the banking services now it is possible to do any transaction  through the home.It has also provided the home shopping services which mean bank made payment directly to buying by the account holder. 

Role of commercial bank in development

Nepal is  one of the least developed country in the country and the financial market is not so developed. For the development of the all round development of the country it is needed to growth or development of the banking sector which provide the financial resources.if there is availability of  money than the different development program can be operate. In Nepal bank are providing the services of agriculture loan, business loan small  cottage industry loan and individual loan which has directly helped to the economic development of the country.

Commercial bank in rural areas

Nepal is the rural country at least 76 percent people lives in the rural areas but unfortunately people of the rural area are unknown about the  bank and financial institution, it is the main problem and threaten to the Nepalese commercial bank and financial institution.In this country some of such places and people in which the name bank is not heard until now. In latest time commercial bank focused their plan on  trying to expansion their branches even in the rural areas.Some of them are opened the branches in the village area for the development of rural area and give knowledge to rural people, it is the good massage for financial sector.

Income of commercial bank in Nepal

The commercial bank are the financial institution which act as the intermediaries between lenders and users. Here the income of the commercial is interest charged on the loan. first they collect the deposit from the depositer and then lend it to the users in the certain interest rate.n context of Nepalese commercial bank they earn interest from the loan which are charged in the business loan,housing loan,Vachel loan and personal loan. In other hand  Nepalese commercial bank earn the income from the bonus security of various company in which they have invested. Out of these income commercial bank have other various source of income.