By Our Reporter nepal-bankThe oldest commercial bank of the country—Nepal Bank Limited’s 57th Annual General Meeting concluded on Sunday. The Chairperson of the Board of Directors Janardan Sharma Acharya presented annual progress report of the fiscal year 2016/2017 along with the plans and programmes of actions to be implemented in the coming fiscal. According to Suryaman Rajbhandari Public Relations Officer of the bank, the deposit increased by 14.63 percent while lending reached 18.99 percent in the last fiscal. Likewise, investment slightly declined by 23.98 and reserve fund of the bank has substantially augmented. The Bank has decided to increase paid up capital by Rs 8 billion within this fiscal. The central bank had directed all grade ‘A’ commercial banks to increase the capital.