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  Development Banking Sector remained dominated by government owned bank for more than five decades. With the liberalization of economy private sector started to promote development banks obtaining license from Nepal Rastra Bank, the central Bank of Nepal. Excel Development Bank Limited is licensed by Nepal Rastra Bank under banking and financial Regulation Act 2061.The bank is promoted by a group of experienced and highly motivated individuals from all walks on life. The promoters include; professional bankers, Entrepreneurs, Educationalists and Technocrats. The bank’s central office is located in Birtamode, Jhapa, the far eastern part of Nepal. At present the banks working area is in Illam, Jhapa, Morang, Sunsari and Panchthar districts. The bank is committed to deliver its services to the customers through easy banking procedures. Since the bank is located in the rural area, it indicates to serve the need of common people by providing simple yet modern banking facilities. It i...

Bindhyabasini Hydropower Development Company Limited is registered as a private company on 3rd Paush 2057 with the intention of identifying feasibility study, construction and operation of hydropower projects using the vast water resources in Nepal. This company has been converted into a public limited company on 30th of Falgun 2073 and has been conducting business. This company, which has received permission for power generation from the Ministry of Energy, Water Resources and Irrigation of the Government of Nepal. By utilizing Rudi Khola, the border of Lamjung District and Kaski District, it is is operating the 8.8 MW A Hydroelectric Project and the 6.6 MW Rudi Khola B Hydroelectric Project.