Rs 21 Billion Worth of Deposit Increased On The Third Week of Kartik, Lending Down by Rs. 1 Billion

Mon, Nov 7, 2022 3:47 PM on Latest, Economy, National,

Nepal Bankers' Association (NBA) has released a thorough study on the deposit and lending trends in the country's commercial banks. This data is current as of third week of Kartik, 2079. The CD ratio stands at 87.21% as of Kartik 18, 2079.

In the third week of Kartik month, the total amount of deposits increased by Rs. 21 billion (Arba), reaching Rs. 4545 billion. In the second week of an ongoing month, this figure had fallen by Rs. 17 billion from the week before that. Deposits totaling Rs. 4425 billion being made in local currency, with the remaining Rs. 120 billion being made in foreign currency.

Compared to the previous week's report, the overall amount of lending has gone down by Rs. 1 billion, reaching Rs. 4224 billion. Lending of Rs. 4194 billion has been sent in local currency, while Rs. 30 billion has been sent in foreign currency.