Lending Comes to An Almost Halt in Magh, Deposit Down Rs. 17 Billion
The elaborate report on the trend of deposit and lending in the nation's commercial banks has been unveiled. This is the data reported as of Magh 07, 2078, i.e. the last working day of the first working week of Magh. The average CD ratio as of this date is 90.43%.
The total deposit went down by Rs. 13 billion in the second week of Magh, and the figure is at Rs. 4,311 billion. In the last week of Poush, this figure had gone up by Rs. 17 billion from the week before that. Rs. 4,210 billion worth of deposit is in local currency while the rest Rs. 101 billion is in foreign currency.
Meanwhile, the total lending has gone up by Rs. 1 billion, and the total figure is at Rs. 4,144 billion. Rs. 4,055 billion worth of lending has been forwarded in local currency while Rs. 99 billion is in foreign currency.
