Pashupati Development Bank Ltd. was established in 2004 (2060 B.S.) known as the first private sector development bank in Kavre District and located at Banepa, a small historical yet vibrant town. The bank was established by the renowned professionals from Banking, Engineering and Insurance sectors with objective of providing complete banking service to the local inhabitants. In short span of time bank has able to provide its service to local people and established as leading bank in the district.