Mahalaxmi Bikas Bank has received a prestigious award from the Indian Chamber of Commerce in Kolkata, India. The bank was honored in the asset quality category.
The award was presented on August 29, 2025, at the 3rd Emerging Asia Banking Conclave and Awards held in New Delhi. This event is considered one of the most respected banking programs in the BIMSTEC region. It saw participation from banks in India, Sri Lanka, Nepal, Myanmar, and Bangladesh.
Mahalaxmi Bikas Bank was recognized for its strong asset structure, effective asset management, and improvements in asset quality. The bank believes this achievement will help strengthen its presence in the international market.
Recently, the bank signed an agreement with India’s leading financial institution, HDFC Bank. The partnership aims to promote cross-border financial services and enable customers to make payments from India to Nepal. Under this agreement, Mahalaxmi Bikas Bank has introduced a system that allows customers to send payments from India to Nepal more easily.
