Deposit Collection Spikes by Rs 11 Arba in Third Week of Bhadra, Lending Up Rs. 1 Arba

Mon, Sep 5, 2022 1:30 PM on Latest, Economy, National,

Nepal Bankers' Association (NBA) has unveiled an elaborate report on the trend of deposit and lending in the Nation's Commercial banks. This is the data reported as of third week of Bhadra, 2079. The CD ratio till Bhadra 17, 2079 was 88.25%. However, the same ratio as of 18th Bhadra stood at 88.20%.

The total deposit figure has risen by Rs. 11 billion (Arba) in the third week of Bhadra, and the figure stood at Rs. 4437 billion. In the second week of Bhadra, this figure had risen by Rs. 1 billion from the week before that. In total Rs. 4325 billion worth of deposits are in local currency while the rest Rs. 113 billion is in foreign currency.

Meanwhile, the total lending has also gone up by Rs. 1 billion, and the total figure stood at Rs. 4181 billion. Rs. 4152 billion worth of lending has been forwarded in local currency while Rs. 30 billion is in foreign currency.