About Us
Welcome to Mahalaxmi Bikas Bank – Nearly 3 Decades of Trusted Banking Excellence
Established in B.S. 2052 (1995 A.D.) Mahalaxmi Bikas Bank has proudly served the people of Nepal for over 30 years, building a legacy of trust, innovation, and financial empowerment. Founded on the guiding theme of “Strong Bank, Successful Co-operation,” it holds the distinction of being the first national development bank to meet the required capital standards set by Nepal Rastra Bank as a ‘B’ class National Level Bank.
With its head office in Durbarmarg, Kathmandu, the bank today supports the financial needs of more than 800,000 plus customers through an expansive network of 103 branches and 49 ATMs across the country.
Guided by its heartfelt motto, “Service with Smile,” Mahalaxmi Bikas Bank is committed to delivering modern, accessible, and customer-friendly banking experiences. With a strong focus on digital innovation, corporate governance, and sustainable practices, the bank continues to evolve — while maintaining the stability and reliability that have been its hallmark since the very beginning.
Its long-standing commitment to ethical practices, continuous improvement, and stakeholder value makes it one of Nepal’s most trusted and future-ready financial institutions.
Recognitions and Awards:
- Best Presented Award (BPA) – 2018 from ICAN for excellence in financial reporting in Bangladesh for outstanding regional financial presentation
- L&D (Learning & Development) Award – 2023, honoring investment in people, training, and institutional growth by BFIN
- Most Customer-Centric Bank of the Year – 2025 by Business Connect, India
- ISO 9001:2015 Certified, reflecting our commitment to international service quality standards
- Our Strength
- 30+ years of trusted, stable operations
- Over 800,000 customers and growing
- Digital-first approach with a human touch
- Nationwide presence with deep local understanding
- Award-winning governance, reporting, and employee development
Vision
To become “The Most Trusted Bank” to the customers, to the employees, to the stakeholders and to the regulators through the process of continuous innovation and improvement, strong corporate governance and professional work culture.
Mission
Our Mission is to offer safety of deposits & render best services to the customers, build the best place to work with, provide best & perpetual returns to the stakeholders with the strict compliance to the regulations.
The Mission will be accomplished by creating four pillars:
Innovation, Improvement, Corporate Governance & Culture.
Objectives
- Provide excellence in customer service by proactive approach.
- Sell financial products that are competitively priced.
- Continue business in an ethical, transparent and responsible manner, becoming the role model of corporate governance.
- Deliver strong financial and operational efficiency by implementing cutting edge technology.
- Continuously improve the asset quality to obtain sustainable returns.
- Apply cost effective approach to reduce operational expenses.
- Adopt professional approach in effectively managing financial as well as non-financial risks.
- Build a Centre for career growth to performing employees.
- Maximize profitability by working under the guideline of regulators and internal policies/ guideline.

Mr. Rajesh Upadhyay
Chairman

Mr. Deepak Kumar Rauniar
Director

Mr. Sanjay Giri
Director

Mr. Shyam Sundar Rungta
Director (Public)

Mr. Rupendra Poudel
Director (Public)

Mr. Rahul Agrawal
Director (Public)

Mrs. Ambika Shrestha
Director (Independent)

Mr. Dipesh Lamsal
Chief Executive Officer

Mr. Dhruba Raj Tiwari
Deputy Chief Executive Officer
(Central Credit Administration, Post Disbursement Utilization/ Monitoring and Legal & Shares)
Mr. Jalaj Kumar Adhikari
Assistant Chief Executive Officer
(Credit Business and NPL Management-Lumbini Province (Kha) & Sudurpaschim Province ) Enforcement & Resolution
Mr. Amit Bahadur Chand
Assistant Chief Executive Officer
(Credit Business and NPL Management - Koshi Province, Madhesh Province, Bagmati Province Ka, Bagmati Province Kha, Gandaki Province ,Lumbini Province Ka)
Mr. Anuj Acharya
Assistant Chief Executive Officer
(Chief Finance Officer and Human Resource Management)
Mr. Subash Joshi
Acting Assistant Chief Executive Officer
(Chief Business Officer)
Mr. Som Raj Pant
Company Secretary

Mr. Navaraj Karki
Chief Recovery Officer and NBA Management

Mr. Sanjaya Kumar Shrestha
Head- Credit, NPL Management
(Lumbini Province (Kha) & Sudurpaschim Province) Enforcement & Resolution
Mr. Santosh Kumar Gautam
Head - AML CFT/ Compliance Department

Mr. Sanjeev Pant
Head- Central Credit Administration Department

Mr. Raghunath Koirala
Head - Credit Recovery Department

Mr. Basant Bakshi
Head - Marketing & Corporate Communication Department

Mr. Paras Mani Thapaliya
Head - Transaction Banking Department

Mr. Shekhar Acharya
Head - Central Operation Department

Mr. Rajesh Lamichhane
Head - General Service Department

Mr. Bishal Raj Karki
Head - Human Resource Department

Mr. Pritha Bahadur Sunar
Head - Information Technology Department

Ms. Sheela Aryal
Head– Finance and Treasury Department

Mr. Ashish Adhikari
Head - Internal Audit Department

Mr. Sushil Timalsina
Officiating Head- Risk Management Department

Mr. Deepak Kumar Gupta
Koshi Pradesh

Mr. Sudeep Chandra Pokhrel
Madesh Pradesh

Mr. Prakash Ghimire
Bagmati Pradesh (Ka)

Mr. Shambhu Prasad Parajuli
Bagmati Pradesh (Kha)

Mr. Ganesh Prasad Acharya
Gandaki Pradesh

Mr. Gautam Gupta
Lumbini Pradesh (Ka)

Mr. Khagendra Bahadur Saud
Lumbini Pradesh (Kha)

Mr. Sunil Kumar Nepal
Sudurpaschim Pradesh
