Mahalaxmi Bikas Bank Limited (MLBL) Wins ‘Excellence in Banking Innovation’ at India Business Awards 2025
9th December 2025, Kathmandu
Mahalaxmi Bikas Bank Limited (MLBL) has achieved a significant milestone on the international stage, securing the coveted “Excellence in Banking Innovation and Customer Delight” award at the India Business Awards 2025.
MLBL Wins Excellence in Banking Innovation
The prestigious ceremony, held in New Delhi on December 7, 2025, recognized MLBL’s outstanding performance and commitment to service excellence.
This international recognition solidifies MLBL’s reputation as a leader in financial innovation, particularly in the competitive South Asian market. The award acknowledges the bank’s stellar work across multiple key areas, setting a new benchmark for Nepalese financial institutions.
Why Mahalaxmi Bikas Bank Won the International Award
The India Business Awards 2025 panel evaluated MLBL on several stringent criteria, ultimately recognizing the bank’s holistic approach to financial services. The award specifically honors the bank’s excellence in:
Innovations in Banking Services: Pioneering new, user-friendly financial products and digital solutions.
Strong Leadership: Demonstrating visionary guidance and effective management.
Brand Reputation & Customer Trust: Building a reliable, trusted name within the Nepalese banking landscape.
Media Presence: Maintaining a strong and positive public profile.
Corporate Social Responsibility (CSR): Actively contributing to community well-being and sustainable development.
Advertisement
Strengthening Nepal-India Banking and Trade Ties
A key component of MLBL’s strategy is its active involvement in cross-border financial services between Nepal and India. The bank is confident that this high-profile international award will be instrumental in:
Fortifying Nepal-India Banking Relations: Enhancing institutional trust and cooperation between the two nations’ financial sectors.
Promoting Cross-Border Trade: Facilitating smoother financial transactions necessary for growing bilateral commerce.
Boosting Remittance Services: Providing reliable and efficient channels for essential cross-border money transfers for Nepalese citizens.
This victory comes shortly after MLBL was also recognized by the Indian Chamber of Commerce (ICC), underscoring the bank’s accelerating international presence and commitment to regional economic development.
MLBL: A Leader in Customer-Centric Innovation
Mahalaxmi Bikas Bank’s continued focus on digital transformation and putting the customer first is clearly paying off. The “Customer Delight” component of the award highlights the positive impact of its user-centric banking solutions.
This dedication ensures the bank remains a powerful force in the market, driving both local and cross-border financial services forward.
In conclusion, the “Excellence in Banking Innovation and Customer Delight” title is not just an award; it is a strong statement on the rising quality and global recognition of Nepalese bank innovation.
