Nirdhan Utthan Laghubitta Bittiya Sanstha

Largest Branch Network, The only MFI in Nepal to cover 77 of 77 Districts of Nepal with 181 Branches and 10 Regional Offices alongside the Central Office.

Board of Directors

The Board of Directors (BoD) of Nirdhan Utthan comprises six members, one representing individual promoters, two representing institutional promoters, two representing general public and one independent director. The BoD meets at least 12 times a year and takes policy decisions to pursue the objectives of the institute. The Chairperson of the Board is elected by the board members among themselves. The BoD is responsible to the general meeting of shareholders who meet generally once a year in Annual General Meeting (AGM). The composition of BoD is as follows:


Sharad Nidhi Tiwari


Mr. Sharad Nidhi Tiwari



Director Sushiel Joshi

Mr. Sushiel Joshi

Director, Representing Himalayan Bank Ltd.

Iswar Man Shrestha

Mr. Iswar Man Shrestha

Director, Representing Nabil Bank.


Mr. Devendra Bahadur Raut

Director, Representing Promoter Shareholders


Director Sir - Top Bahadur Rayamajhi Sir

Mr. Top Bahadur Rayamajhi

Director, Representing Public Shareholders


Ms Samrita Tiwari

Director, Representing General Public

NULBSL at a Glance, As at July 15, 2020

Total Loan Disbursed (NPR) 132.93 Billion
Number of Branch Office 181
Loan Outstanding (NPR) 20.15 Billion
Number of Centers 19,901
Number of Active Clients 374,535
Number of Regional Office 10
Saving & Deposit (NPR) 13.34 Billion
Total Staff (Including Trainee) 1182
Working Districts 77
Local Bodies Outreach 532
Number of Loan Clients 219,136
Currency Conversion USD 1=NPR 120.67
Number of Female Staffs 480