Nepal SBI Bank Honored with Prestigious Awards by Indian Chamber of Commerce

3rd September, 2025, Kathmandu

Nepal SBI Bank Limited (NSBL) has been awarded a remarkable three accolades in the commercial banking category by the Indian Chamber of Commerce (ICC) at the 3rd Emerging Asia Banking Awards 2025.

Nepal SBI Bank Honored

The prestigious ceremony, held in New Delhi, India, recognized the bank’s excellence in key areas, reinforcing its reputation as a leader in Nepal’s financial sector. This multi-faceted recognition is a significant milestone that highlights NSBL’s robust performance, operational efficiency, and effective risk management practices on a regional stage.

A Trio of Awards for Exemplary Performance

Nepal SBI Bank’s achievement is particularly notable because it secured awards in three distinct and crucial categories, each reflecting a different facet of a well-managed financial institution. The awards received include:

Best Bank in Performance Management: This award recognizes NSBL’s superior ability to set clear objectives, measure performance against key indicators, and continuously improve its operational and financial metrics. Effective performance management is a cornerstone of any successful bank, as it directly impacts profitability, efficiency, and employee productivity. This accolade shows that NSBL has a strong internal framework for strategic planning and execution.

Outstanding Overall Performance: This honor is a testament to the bank’s holistic success across all business functions. It acknowledges NSBL’s consistent growth, profitability, and market positioning within Nepal’s competitive banking landscape. Winning this award signifies that the bank is not just excelling in one area but is consistently delivering strong results across its entire portfolio of services and operations.

Recognition for Excellence in Operational and Risk Management Practices: This award highlights the bank’s commitment to implementing global best practices in managing its operations and mitigating risks. In a volatile economic environment, a bank’s ability to manage risks effectively is paramount to its stability and the safety of customer assets. This recognition proves that NSBL has a disciplined approach to risk assessment, credit discipline, and compliance, which has positioned it as a financially sound institution.

The accolades were formally accepted on behalf of the bank by its Managing Director and CEO, Mr. Ram Kumar Tiwari, who represented NSBL at the international event.

Nepal SBI Bank’s Solid Foundation and Broad Reach

Established in 1993 (2050 B.S.), Nepal SBI Bank is a joint venture between the State Bank of India (SBI), the largest bank in India and a Fortune 500 company, and local Nepali promoters. This strategic partnership provides NSBL with a unique advantage, allowing it to leverage SBI’s global expertise, technological infrastructure, and robust governance models. This technical and managerial support has been instrumental in shaping NSBL’s high standards of trust, transparency, and service excellence over its three-decade legacy.

As a leading commercial bank in Nepal, NSBL boasts an extensive network to serve both urban and rural communities. As of 2025, the bank operates:

• 101 branches across the country
• 22 extension counters
• 20 branchless banking outlets
• 7 provincial offices
• 125 ATMs
• 1 corporate office in Kathmandu

This wide-reaching network underscores the bank’s commitment to financial inclusion and accessibility, ensuring that a diverse range of customers can access its services, from traditional banking to modern digital solutions.

Commitment to World-Class Banking Practices

Nepal SBI Bank’s success is rooted in its unwavering commitment to strong banking practices. The bank has consistently prioritized three key areas:

Risk Management: By implementing global best practices, NSBL safeguards customer assets and ensures the bank’s long-term financial stability. Its prudent approach to credit discipline and loan portfolio management has been a key factor in its success.

Operational Excellence: The bank focuses on enhancing the customer experience through streamlined processes and the widespread adoption of digital banking solutions, from mobile banking to internet banking.

Asset Quality: NSBL’s dedication to maintaining a high-quality loan portfolio and minimizing non-performing assets has earned it a strong reputation and the highest credit ratings in the Nepali market, a rare feat in the current economic climate.

According to CEO Ram Kumar Tiwari, this international recognition is not just a personal triumph for Nepal SBI Bank but a clear reflection of the entire Nepali banking industry’s growing strength in the South Asian region. He highlighted the bank’s continued focus on innovation, technology-driven solutions, and expanding access to financial services for all segments of society, a vision that is shared with the central bank and the wider government.

A Forward-Looking Vision

Building on its legacy of trust and performance, Nepal SBI Bank is focused on a clear path for the future. The bank plans to further:

• Expand its digital banking footprint to meet the evolving needs of its tech-savvy customer base.
• Strengthen financial inclusion by reaching underserved populations through its expanding network of branchless banking outlets.
• Align with SBI’s global expertise to stay at the forefront of financial services and adopt cutting-edge practices in everything from cybersecurity to product development.
• Enhance customer-centric services while maintaining a solid foundation of financial discipline and regulatory compliance.
• These goals are designed to ensure that Nepal SBI Bank not only continues its trajectory of sustainable growth but also plays a crucial role in the nation’s socio-economic development.

Conclusion

The recognition of Nepal SBI Bank Limited by the Indian Chamber of Commerce is a proud and significant moment for Nepal’s financial sector. By securing three major awards, NSBL has reaffirmed its position as a leader in the Nepali banking industry, one that is capable of competing and excelling on a regional platform. The accolades for performance management, overall performance, and operational and risk management practices are a testament to the bank’s sound governance, experienced leadership, and unwavering commitment to customer service and financial discipline. With its vast branch network, strategic international partnership, and a forward-looking vision for digital innovation and financial inclusion, Nepal SBI Bank is well-positioned to continue setting benchmarks for excellence and contributing to the growth and maturity of Nepal’s banking sector.

For More: Nepal SBI Bank Honored