Deposit Collection Chokes in Chaitra's Third Week, Lending Up Rs. 5B

Wed, Apr 6, 2022 12:16 PM on Latest, Economy, National,

The report on the trend of deposit and lending in the nation's commercial banks has been unveiled. This is the data reported as of the end of the third week of Chaitra, 2078, i.e. till Chaitra 18. The average CD ratio of the industry for the month of the week was 91.20%.

The total deposit figure has risen by Rs. 1 billion in the second week. The total deposit figure is Rs. 4,331 billion. Rs. 4,228 billion worth of deposit is in local currency while the rest Rs. 102 billion is in foreign currency.

Meanwhile, the total lending has also gone up by Rs. 5 billion, and the total figure is at Rs. 4,175 billion. Rs. 4,130 billion worth of lending has been forwarded in local currency while Rs. 46 billion is in foreign currency.