Top3 min readFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second QuarterFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second Quarter The Ministry of Finance has made public its second-quarter performance report for the current fiscal year 2082/83, outlining progress in budget execution, revenue administration, legal reforms, fiscal federalism, financial sector management, and governance. While the report highlights an acceleration in overall spending compared to last year, it also exposes persistent structural weaknesses in capital expenditure, revenue mobilization, and arrears settlement. By mid-January, the government had spent 46.06 percent of the annual budget, a notable increase of 10.75 percentage points compared to the same period last fiscal year. Out of the total budget allocation of Rs 19.64 trillion, expenditure had reached Rs 9.04 trillion. Officials interpret this as a sign of improved budget execution, though analysts caution that higher spending alone does not necessarily translate into stronger economic outcomes.Dipesh Ghimire·31 Jan, 2026
Top3 min readInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth DriverInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth Driver The Investment Board Nepal (IBN) has approved investments totaling Rs 171.65 billion for 55 large-scale projects as of December 31, 2025. In US dollar terms, the approved investment amounts to approximately USD 11.92 billion. The data indicates a clear policy and investor preference toward long-term, capital-intensive sectors, particularly energy, as Nepal seeks to accelerate economic growth through large infrastructure-led development. According to IBN, the energy sector alone accounts for nearly four-fifths of the total approved investment. A total of 40 energy projects have received approval, with a combined investment commitment of Rs 133.71 billion. This overwhelming concentration suggests that Nepal’s hydropower potential, renewable energy expansion, and transmission infrastructure remain the most bankable and internationally attractive segments of the economy.Dipesh Ghimire·31 Jan, 2026
Top3 min readFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second QuarterFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second Quarter The Ministry of Finance has made public its second-quarter performance report for the current fiscal year 2082/83, outlining progress in budget execution, revenue administration, legal reforms, fiscal federalism, financial sector management, and governance. While the report highlights an acceleration in overall spending compared to last year, it also exposes persistent structural weaknesses in capital expenditure, revenue mobilization, and arrears settlement. By mid-January, the government had spent 46.06 percent of the annual budget, a notable increase of 10.75 percentage points compared to the same period last fiscal year. Out of the total budget allocation of Rs 19.64 trillion, expenditure had reached Rs 9.04 trillion. Officials interpret this as a sign of improved budget execution, though analysts caution that higher spending alone does not necessarily translate into stronger economic outcomes.Dipesh Ghimire·31 Jan, 2026
Top3 min readInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth DriverInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth Driver The Investment Board Nepal (IBN) has approved investments totaling Rs 171.65 billion for 55 large-scale projects as of December 31, 2025. In US dollar terms, the approved investment amounts to approximately USD 11.92 billion. The data indicates a clear policy and investor preference toward long-term, capital-intensive sectors, particularly energy, as Nepal seeks to accelerate economic growth through large infrastructure-led development. According to IBN, the energy sector alone accounts for nearly four-fifths of the total approved investment. A total of 40 energy projects have received approval, with a combined investment commitment of Rs 133.71 billion. This overwhelming concentration suggests that Nepal’s hydropower potential, renewable energy expansion, and transmission infrastructure remain the most bankable and internationally attractive segments of the economy.Dipesh Ghimire·31 Jan, 2026
Top2 min readGovernment Releases Rs 6.31 Billion for Election Preparations, Total Allocation Reaches Rs 19.15 BillionGovernment Releases Rs 6.31 Billion for Election Preparations, Total Allocation Reaches Rs 19.15 Billion The government has moved forward with financial preparations for upcoming parliamentary elections by approving budgetary resources worth Rs 19.15 billion for election management in the current fiscal year 2082/83. According to the Ministry of Finance, Rs 6.31 billion has already been released to concerned institutions, indicating that election-related activities have entered an active implementation phase. The allocation covers the management of elections to both the House of Representatives and the National Assembly. Officials say the funds are being released in stages to ensure smoother coordination, effective use of public money, and closer monitoring of election-related expenditures. The phased approach also reflects the scale and complexity of managing national elections across the country. The Election Commission has emerged as the primary recipient of funds released so far. The Finance Ministry approved Rs 4.96 billion in mid-November, followed by an additional Rs 1.77 billion in late December, bringing the total disbursement to Rs 6.31 billion. These funds are intended to support voter registration, polling logistics, staffing, ballot materials, and administrative preparations.Dipesh Ghimire·31 Jan, 2026
Top3 min readGovernment Moves to Open NEPSE Reform Debate with Decision to Publish Restructuring ReportGovernment Moves to Open NEPSE Reform Debate with Decision to Publish Restructuring Report The government has decided to make public the long-awaited restructuring report of Nepal Stock Exchange Limited, signaling a possible turning point for Nepal’s capital market. The decision was taken at a Cabinet meeting held on Thursday, clearing the way for wider public and policy-level discussion on the future of the country’s only stock exchange.Dipesh Ghimire·31 Jan, 2026
Top3 min readBanking Sector EPS Improves, but Profit Strength Remains ConcentratedBanking Sector EPS Improves, but Profit Strength Remains Concentrated Nepal’s commercial banking sector has shown a moderate improvement in earnings during the second quarter of the current fiscal year, with the average earnings per share (EPS) rising to Rs 16.30 by mid-January. This represents an increase of nearly Rs 1.90 compared to the same period last year, reflecting a gradual recovery in sectoral profitability. The improvement comes at a time when banks are still navigating weak credit demand and lingering stress in asset quality.Dipesh Ghimire·31 Jan, 2026
Top3 min readOverseas Nepalis Remain Excluded from Voting as Election NearsOverseas Nepalis Remain Excluded from Voting as Election Nears With the government setting the House of Representatives election for February 21, political activity across Nepal has intensified. Political parties are accelerating campaign efforts, and election-related discussions have become common in public spaces such as tea shops, marketplaces, and community gatherings. However, as the election date approaches, millions of Nepali citizens living abroad are once again set to remain excluded from the electoral process, unable to exercise their right to vote. Despite repeated public debates during every election cycle, the state has yet to establish a practical mechanism to ensure voting rights for Nepalis working overseas. Civil society groups and labor-rights advocates argue that this continued exclusion undermines democratic inclusiveness and weakens political legitimacy, particularly given the significant economic and social contributions of migrant workers to the country.Dipesh Ghimire·31 Jan, 2026
NEPSE3 min readRetail Investors Pivot to Low-price Hydros as NEPSE Tests Key Resistance LevelsRetail Investors Pivot to Low-price Hydros as NEPSE Tests Key Resistance Levels By Dipesh Ghimire Kathmandu — The Nepal Stock Exchange (NEPSE) is currently witnessing a tactical migration of capital, as retail investors increasingly shift their focus toward low-priced hydropower stocks. This shift, led by a speculative surge in Ankhu Khola Hydropower (AKJCL), suggests that despite a broader market correction, there is a strong "bottom-fishing" appetite for stocks trading near the NPR 200 threshold.Dipesh Ghimire·29 Jan, 2026
Top3 min readAnalyzing Siddhartha Bank’s Q2: A 150% Profit Surge as Asset Quality StabilizesAnalyzing Siddhartha Bank’s Q2: A 150% Profit Surge as Asset Quality Stabilizes KATHMANDU – Siddhartha Bank Limited (SBL) has staged a dramatic financial turnaround in the second quarter (Q2) of the current fiscal year (2082/83). Emerging from a period of heavy provisioning that stifled its growth last year, the bank has reported a staggering 150.20% jump in net profit, reaching NPR 1.33 billion—up from NPR 530.2 million in the same period of the previous fiscal year. This surge is a clear indicator of the bank's successful transition from "crisis management" to "earnings acceleration," driven primarily by a significant cooling of bad loan provisions.Dipesh Ghimire·29 Jan, 2026
Top2 min readAnalyzing Miteri Development Bank’s Q2: A 120% Profit Surge Driven by Efficiency Gains and Asset QualityAnalyzing Miteri Development Bank’s Q2: A 120% Profit Surge Driven by Efficiency Gains and Asset Quality KATHMANDU – Miteri Development Bank Limited (MDB) has emerged as a top performer among regional lenders, reporting a spectacular 120.25% jump in net profit for the second quarter (Q2) of the current fiscal year (2082/83). In an era where mid-sized banks are struggling with thin margins, Miteri’s net profit reached NPR 5.70 crore, compared to NPR 2.58 crore in the same period last year. The bank’s performance is a testament to aggressive deposit mobilization and a significant reduction in the cost of funds, which has transformed its bottom line despite broader economic headwinds.Dipesh Ghimire·29 Jan, 2026
Top2 min readAnalyzing Himalayan Bank’s Q2: A Post-Merger Struggle as Bad Loans Hit 7.96%Analyzing Himalayan Bank’s Q2: A Post-Merger Struggle as Bad Loans Hit 7.96% KATHMANDU – Himalayan Bank Limited (HBL), which significantly scaled its operations following the acquisition of Civil Bank, is now facing a severe test of its asset quality. The bank’s second-quarter (Q2) financial results for the current fiscal year (2082/83) reveal a double-digit decline in profitability and a sharp spike in toxic loans, signaling that the "merger synergy" is being overshadowed by a "recovery crisis."Dipesh Ghimire·29 Jan, 2026
Top3 min readFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second QuarterFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second Quarter The Ministry of Finance has made public its second-quarter performance report for the current fiscal year 2082/83, outlining progress in budget execution, revenue administration, legal reforms, fiscal federalism, financial sector management, and governance. While the report highlights an acceleration in overall spending compared to last year, it also exposes persistent structural weaknesses in capital expenditure, revenue mobilization, and arrears settlement. By mid-January, the government had spent 46.06 percent of the annual budget, a notable increase of 10.75 percentage points compared to the same period last fiscal year. Out of the total budget allocation of Rs 19.64 trillion, expenditure had reached Rs 9.04 trillion. Officials interpret this as a sign of improved budget execution, though analysts caution that higher spending alone does not necessarily translate into stronger economic outcomes.Dipesh Ghimire·31 Jan, 2026
Top3 min readInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth DriverInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth Driver The Investment Board Nepal (IBN) has approved investments totaling Rs 171.65 billion for 55 large-scale projects as of December 31, 2025. In US dollar terms, the approved investment amounts to approximately USD 11.92 billion. The data indicates a clear policy and investor preference toward long-term, capital-intensive sectors, particularly energy, as Nepal seeks to accelerate economic growth through large infrastructure-led development. According to IBN, the energy sector alone accounts for nearly four-fifths of the total approved investment. A total of 40 energy projects have received approval, with a combined investment commitment of Rs 133.71 billion. This overwhelming concentration suggests that Nepal’s hydropower potential, renewable energy expansion, and transmission infrastructure remain the most bankable and internationally attractive segments of the economy.Dipesh Ghimire·31 Jan, 2026
Top2 min readGovernment Releases Rs 6.31 Billion for Election Preparations, Total Allocation Reaches Rs 19.15 BillionGovernment Releases Rs 6.31 Billion for Election Preparations, Total Allocation Reaches Rs 19.15 Billion The government has moved forward with financial preparations for upcoming parliamentary elections by approving budgetary resources worth Rs 19.15 billion for election management in the current fiscal year 2082/83. According to the Ministry of Finance, Rs 6.31 billion has already been released to concerned institutions, indicating that election-related activities have entered an active implementation phase. The allocation covers the management of elections to both the House of Representatives and the National Assembly. Officials say the funds are being released in stages to ensure smoother coordination, effective use of public money, and closer monitoring of election-related expenditures. The phased approach also reflects the scale and complexity of managing national elections across the country. The Election Commission has emerged as the primary recipient of funds released so far. The Finance Ministry approved Rs 4.96 billion in mid-November, followed by an additional Rs 1.77 billion in late December, bringing the total disbursement to Rs 6.31 billion. These funds are intended to support voter registration, polling logistics, staffing, ballot materials, and administrative preparations.Dipesh Ghimire·31 Jan, 2026
Top3 min readGovernment Moves to Open NEPSE Reform Debate with Decision to Publish Restructuring ReportGovernment Moves to Open NEPSE Reform Debate with Decision to Publish Restructuring Report The government has decided to make public the long-awaited restructuring report of Nepal Stock Exchange Limited, signaling a possible turning point for Nepal’s capital market. The decision was taken at a Cabinet meeting held on Thursday, clearing the way for wider public and policy-level discussion on the future of the country’s only stock exchange.Dipesh Ghimire·31 Jan, 2026
Top3 min readBanking Sector EPS Improves, but Profit Strength Remains ConcentratedBanking Sector EPS Improves, but Profit Strength Remains Concentrated Nepal’s commercial banking sector has shown a moderate improvement in earnings during the second quarter of the current fiscal year, with the average earnings per share (EPS) rising to Rs 16.30 by mid-January. This represents an increase of nearly Rs 1.90 compared to the same period last year, reflecting a gradual recovery in sectoral profitability. The improvement comes at a time when banks are still navigating weak credit demand and lingering stress in asset quality.Dipesh Ghimire·31 Jan, 2026
Top3 min readOverseas Nepalis Remain Excluded from Voting as Election NearsOverseas Nepalis Remain Excluded from Voting as Election Nears With the government setting the House of Representatives election for February 21, political activity across Nepal has intensified. Political parties are accelerating campaign efforts, and election-related discussions have become common in public spaces such as tea shops, marketplaces, and community gatherings. However, as the election date approaches, millions of Nepali citizens living abroad are once again set to remain excluded from the electoral process, unable to exercise their right to vote. Despite repeated public debates during every election cycle, the state has yet to establish a practical mechanism to ensure voting rights for Nepalis working overseas. Civil society groups and labor-rights advocates argue that this continued exclusion undermines democratic inclusiveness and weakens political legitimacy, particularly given the significant economic and social contributions of migrant workers to the country.Dipesh Ghimire·31 Jan, 2026
NEPSE3 min readRetail Investors Pivot to Low-price Hydros as NEPSE Tests Key Resistance LevelsRetail Investors Pivot to Low-price Hydros as NEPSE Tests Key Resistance Levels By Dipesh Ghimire Kathmandu — The Nepal Stock Exchange (NEPSE) is currently witnessing a tactical migration of capital, as retail investors increasingly shift their focus toward low-priced hydropower stocks. This shift, led by a speculative surge in Ankhu Khola Hydropower (AKJCL), suggests that despite a broader market correction, there is a strong "bottom-fishing" appetite for stocks trading near the NPR 200 threshold.Dipesh Ghimire·29 Jan, 2026
Top3 min readAnalyzing Siddhartha Bank’s Q2: A 150% Profit Surge as Asset Quality StabilizesAnalyzing Siddhartha Bank’s Q2: A 150% Profit Surge as Asset Quality Stabilizes KATHMANDU – Siddhartha Bank Limited (SBL) has staged a dramatic financial turnaround in the second quarter (Q2) of the current fiscal year (2082/83). Emerging from a period of heavy provisioning that stifled its growth last year, the bank has reported a staggering 150.20% jump in net profit, reaching NPR 1.33 billion—up from NPR 530.2 million in the same period of the previous fiscal year. This surge is a clear indicator of the bank's successful transition from "crisis management" to "earnings acceleration," driven primarily by a significant cooling of bad loan provisions.Dipesh Ghimire·29 Jan, 2026
Top2 min readAnalyzing Miteri Development Bank’s Q2: A 120% Profit Surge Driven by Efficiency Gains and Asset QualityAnalyzing Miteri Development Bank’s Q2: A 120% Profit Surge Driven by Efficiency Gains and Asset Quality KATHMANDU – Miteri Development Bank Limited (MDB) has emerged as a top performer among regional lenders, reporting a spectacular 120.25% jump in net profit for the second quarter (Q2) of the current fiscal year (2082/83). In an era where mid-sized banks are struggling with thin margins, Miteri’s net profit reached NPR 5.70 crore, compared to NPR 2.58 crore in the same period last year. The bank’s performance is a testament to aggressive deposit mobilization and a significant reduction in the cost of funds, which has transformed its bottom line despite broader economic headwinds.Dipesh Ghimire·29 Jan, 2026
Top2 min readAnalyzing Himalayan Bank’s Q2: A Post-Merger Struggle as Bad Loans Hit 7.96%Analyzing Himalayan Bank’s Q2: A Post-Merger Struggle as Bad Loans Hit 7.96% KATHMANDU – Himalayan Bank Limited (HBL), which significantly scaled its operations following the acquisition of Civil Bank, is now facing a severe test of its asset quality. The bank’s second-quarter (Q2) financial results for the current fiscal year (2082/83) reveal a double-digit decline in profitability and a sharp spike in toxic loans, signaling that the "merger synergy" is being overshadowed by a "recovery crisis."Dipesh Ghimire·29 Jan, 2026
Dipesh Ghimire·31 Jan, 2026Finance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second QuarterFinance Ministry Shows Faster Spending but Fiscal Stress Deepens in Second Quarter The Ministry of Finance has made public its second-quarter performance report for the current fiscal year 2082/83, outlining progress in budget execution, revenue administration, legal reforms, fiscal federalism, financial sector management, and governance. While the report highlights an acceleration in overall spending compared to last year, it also exposes persistent structural weaknesses in capital expenditure, revenue mobilization, and arrears settlement. By mid-January, the government had spent 46.06 percent of the annual budget, a notable increase of 10.75 percentage points compared to the same period last fiscal year. Out of the total budget allocation of Rs 19.64 trillion, expenditure had reached Rs 9.04 trillion. Officials interpret this as a sign of improved budget execution, though analysts caution that higher spending alone does not necessarily translate into stronger economic outcomes.Top3 min read
Dipesh Ghimire·31 Jan, 2026Investment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth DriverInvestment Board Approves Rs 171.65 Billion for Large Projects, Energy Emerges as Core Growth Driver The Investment Board Nepal (IBN) has approved investments totaling Rs 171.65 billion for 55 large-scale projects as of December 31, 2025. In US dollar terms, the approved investment amounts to approximately USD 11.92 billion. The data indicates a clear policy and investor preference toward long-term, capital-intensive sectors, particularly energy, as Nepal seeks to accelerate economic growth through large infrastructure-led development. According to IBN, the energy sector alone accounts for nearly four-fifths of the total approved investment. A total of 40 energy projects have received approval, with a combined investment commitment of Rs 133.71 billion. This overwhelming concentration suggests that Nepal’s hydropower potential, renewable energy expansion, and transmission infrastructure remain the most bankable and internationally attractive segments of the economy.Top3 min read
Dipesh Ghimire·31 Jan, 2026Government Releases Rs 6.31 Billion for Election Preparations, Total Allocation Reaches Rs 19.15 BillionGovernment Releases Rs 6.31 Billion for Election Preparations, Total Allocation Reaches Rs 19.15 Billion The government has moved forward with financial preparations for upcoming parliamentary elections by approving budgetary resources worth Rs 19.15 billion for election management in the current fiscal year 2082/83. According to the Ministry of Finance, Rs 6.31 billion has already been released to concerned institutions, indicating that election-related activities have entered an active implementation phase. The allocation covers the management of elections to both the House of Representatives and the National Assembly. Officials say the funds are being released in stages to ensure smoother coordination, effective use of public money, and closer monitoring of election-related expenditures. The phased approach also reflects the scale and complexity of managing national elections across the country. The Election Commission has emerged as the primary recipient of funds released so far. The Finance Ministry approved Rs 4.96 billion in mid-November, followed by an additional Rs 1.77 billion in late December, bringing the total disbursement to Rs 6.31 billion. These funds are intended to support voter registration, polling logistics, staffing, ballot materials, and administrative preparations.Top2 min read
Dipesh Ghimire·31 Jan, 2026Government Moves to Open NEPSE Reform Debate with Decision to Publish Restructuring ReportGovernment Moves to Open NEPSE Reform Debate with Decision to Publish Restructuring Report The government has decided to make public the long-awaited restructuring report of Nepal Stock Exchange Limited, signaling a possible turning point for Nepal’s capital market. The decision was taken at a Cabinet meeting held on Thursday, clearing the way for wider public and policy-level discussion on the future of the country’s only stock exchange.Top3 min read
Dipesh Ghimire·31 Jan, 2026Banking Sector EPS Improves, but Profit Strength Remains ConcentratedBanking Sector EPS Improves, but Profit Strength Remains Concentrated Nepal’s commercial banking sector has shown a moderate improvement in earnings during the second quarter of the current fiscal year, with the average earnings per share (EPS) rising to Rs 16.30 by mid-January. This represents an increase of nearly Rs 1.90 compared to the same period last year, reflecting a gradual recovery in sectoral profitability. The improvement comes at a time when banks are still navigating weak credit demand and lingering stress in asset quality.Top3 min read
Dipesh Ghimire·31 Jan, 2026Overseas Nepalis Remain Excluded from Voting as Election NearsOverseas Nepalis Remain Excluded from Voting as Election Nears With the government setting the House of Representatives election for February 21, political activity across Nepal has intensified. Political parties are accelerating campaign efforts, and election-related discussions have become common in public spaces such as tea shops, marketplaces, and community gatherings. However, as the election date approaches, millions of Nepali citizens living abroad are once again set to remain excluded from the electoral process, unable to exercise their right to vote. Despite repeated public debates during every election cycle, the state has yet to establish a practical mechanism to ensure voting rights for Nepalis working overseas. Civil society groups and labor-rights advocates argue that this continued exclusion undermines democratic inclusiveness and weakens political legitimacy, particularly given the significant economic and social contributions of migrant workers to the country.Top3 min read
Dipesh Ghimire·29 Jan, 2026Retail Investors Pivot to Low-price Hydros as NEPSE Tests Key Resistance LevelsRetail Investors Pivot to Low-price Hydros as NEPSE Tests Key Resistance Levels By Dipesh Ghimire Kathmandu — The Nepal Stock Exchange (NEPSE) is currently witnessing a tactical migration of capital, as retail investors increasingly shift their focus toward low-priced hydropower stocks. This shift, led by a speculative surge in Ankhu Khola Hydropower (AKJCL), suggests that despite a broader market correction, there is a strong "bottom-fishing" appetite for stocks trading near the NPR 200 threshold.NEPSE3 min read
Dipesh Ghimire·29 Jan, 2026Analyzing Siddhartha Bank’s Q2: A 150% Profit Surge as Asset Quality StabilizesAnalyzing Siddhartha Bank’s Q2: A 150% Profit Surge as Asset Quality Stabilizes KATHMANDU – Siddhartha Bank Limited (SBL) has staged a dramatic financial turnaround in the second quarter (Q2) of the current fiscal year (2082/83). Emerging from a period of heavy provisioning that stifled its growth last year, the bank has reported a staggering 150.20% jump in net profit, reaching NPR 1.33 billion—up from NPR 530.2 million in the same period of the previous fiscal year. This surge is a clear indicator of the bank's successful transition from "crisis management" to "earnings acceleration," driven primarily by a significant cooling of bad loan provisions.Top3 min read
Dipesh Ghimire·29 Jan, 2026Analyzing Miteri Development Bank’s Q2: A 120% Profit Surge Driven by Efficiency Gains and Asset QualityAnalyzing Miteri Development Bank’s Q2: A 120% Profit Surge Driven by Efficiency Gains and Asset Quality KATHMANDU – Miteri Development Bank Limited (MDB) has emerged as a top performer among regional lenders, reporting a spectacular 120.25% jump in net profit for the second quarter (Q2) of the current fiscal year (2082/83). In an era where mid-sized banks are struggling with thin margins, Miteri’s net profit reached NPR 5.70 crore, compared to NPR 2.58 crore in the same period last year. The bank’s performance is a testament to aggressive deposit mobilization and a significant reduction in the cost of funds, which has transformed its bottom line despite broader economic headwinds.Top2 min read
Dipesh Ghimire·29 Jan, 2026Analyzing Himalayan Bank’s Q2: A Post-Merger Struggle as Bad Loans Hit 7.96%Analyzing Himalayan Bank’s Q2: A Post-Merger Struggle as Bad Loans Hit 7.96% KATHMANDU – Himalayan Bank Limited (HBL), which significantly scaled its operations following the acquisition of Civil Bank, is now facing a severe test of its asset quality. The bank’s second-quarter (Q2) financial results for the current fiscal year (2082/83) reveal a double-digit decline in profitability and a sharp spike in toxic loans, signaling that the "merger synergy" is being overshadowed by a "recovery crisis."Top2 min read