Total Deposit Down Rs. 4 Billion, Lending Up Rs. 3 Billion in Second Week of Poush

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 09 Poush, i.e. the last working day of the second week of Poush. The CD ratio as of this date is 91.30%.

The total deposit went down by Rs. 4 billion in the second week of Poush, and the figure is at Rs. 4,235 billion. Rs. 4,128 billion worth of deposit is in local currency while the rest Rs. 107 billion is in foreign currency.

Meanwhile, the total lending has gone up by Rs. 3 billion, and the total figure is at Rs. 4,088 billion. Rs. 3,953 billion worth of lending has been forwarded in local currency while Rs. 135 billion is in foreign currency.

As the month of Mangsir was approaching its end, the new interest rates profile to be unveiled by banks for Poush was believed to have a determining effect on the nation's liquidity and the capital market. However, commercial banks have chosen to keep the rates stable for Poush.