Nirdhan Utthan Laghubitta Bittiya Sanstha

Nepal First MFI with large Branch Network , MFI  covered  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

Dy. Santosh K Bhattarai Photo

Mr. Santosh Kumar Bhattarai

Director, Representing Everest Bank

NULBSL at a Glance, As of July 15, 2021

Total Loan Disbursed (NPR) 163.78 Billion
Number of Branch Office 181
Loan Outstanding (NPR) 24.08 Billion
Number of Centers 20,742
Number of Active Clients 379,495
Number of Regional Office 10
Saving & Deposit (NPR) 15.82 Billion
Total Staff 1143
Working Districts 77
Local Bodies Outreach 539
Number of Loan Clients 221,634
Currency Conversion USD 1=NPR 119.34
Number of Female Staffs 478