The activities of the Public Development Bank Ltd are as follows:-
 

• Accept deposits with or without interest, and refund such deposits, subject to the limit prescribed by the Nepal Rastra Bank.( 20 times of Capital and Reserve)
   
• Supply credits other than hypothecation credit as prescribed.
   
• Deal in foreign exchange subject to current law and the directives of the Nepal Rastra Bank.
   
• Supply credits for hire-purchase, leasing, housing and service enterprises.
   
• Engage in merchant banking business subject to the directives of the Nepal Rastra Bank
   
• Supply or arrange for jointly supplying credits on the basis of co-financing by joining hands with other licensed institutions according to the agreement concluded for the purpose so as to divide the collateral pari passu.
   
• Supply credit against the guarantee provided by any local bank or financial institution.
   
• Issue guarantees on behalf of its customers, have such customers execute necessary bonds in consideration thereof, obtain security, and acquire their movable or immovable assets as collateral or on mortgage, or the assets of third individuals as collateral.
   
• Issue, accept, pay, discount or deal in bills of exchange, promissory notes, checks, traveler’s checks, drafts or hundis.
   
• Accept deposits, make payments and supply credits through automated teller machines and cash dispensing machines.
   
• Grant overdraft to persons trusted by it.
• 
  Obtain credits by pledging its movable or immovable assets as collateral.
• 
  Supply a fresh credit in a lump sum or in installment against the security of the same movable or immovable assets which have already been pledged with it or with any other licensed institution, to the extent covered by the total value of such security.
   
• Issue and accept letters of credit subject to the conditions prescribed by the Nepal Rastra Bank.
   
• Remit or transmit funds to different places within the Kingdom of Nepal through bills of exchange, checks or other financial instruments, deal in shares, debentures, bonds, etc., and collect dividends accruing on shares, and interest on promissory notes, debentures, bonds, etc.
   
• Act as a commission agent of its customers, take custody of and arrange for the sale or purchase of shares, debentures or securities, and collect interests, dividends, profits, etc. accruing from shares, debentures or securities.
   
• Issue guarantees on behalf of its customers, have such customers execute necessary bonds in consideration thereof, obtain security, and acquire their movable or immovable assets as collateral or on mortgage or the assets of third individuals as collateral.
   
• Purchase, sell or accept loan-bonds issued by His Majesty's Government or the Nepal Rastra Bank.
   
• Arrange for safe-deposit vaults.
   
• Undertake off-balance sheet transactions subject to the conditions prescribed by the Rastra Bank.
   
• Supply credits not exceeding the amount prescribed by the Rastra Bank to ensure the economic upliftment of the destitute class, low-income families, victims of natural calamities and inhabitants of any area of the country with the provision of individual or collective guarantee.
   
• Exchange with the Nepal Rastra Bank or any other licensed institution particulars, information or notices regarding debtors or customers who have obtained credits or any other facility from it or any other licensed institution.
   
• Provide guarantee to arrange for the supply of credit to its customers through any other licensed institution.
   
• Mobilize capital through shares, debentures, bonds, loan-bonds, saving-bonds or other financial instruments subject to the limit prescribed by the Nepal Rastra Bank.
   
• Obtain refinance credit from the Rastra Bank according to need, or obtain or supply credits to or from other licensed institutions.
   
• Supply funds received from Nepal Government or other local or foreign agencies as credit for the promotion of projects, or manage such credits.
   
• Conduct or arrange for conducting studies, research and surveys relating to the establishment, operation and evaluation of projects, and impart training and provide consultancy and other information.
   
• Write off credits subject to the bye-rules framed by the Board.
   
• Prescribe conditions according to need in order to protect its interests while supplying credit to or carrying out any transaction with any individual or institution.
   
• Supply installment or hire-purchase credit to any individual, firm, company or institution for vehicles, machinery, tools, equipment, durable household goods or similar other movable property.
   
• Operate projects such as those relating to purchase of lands and construction of buildings for land development and residential purposes, and sell or manage such lands and buildings, or make arrangements for doing so.
   
• Perform such other functions as are prescribed or allowed by the Nepal Rastra Bank

Note:- Nepal Rastra Bank is the Central Bank of Nepal