127 billion bank deposits and 11 billion loan investments in the lock-down

Jun Mon 2020 04:40:26

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127 billion bank deposits and 11 billion loan investments in the lock-down

Kathmandu. In the Lock-down Nepal, banks and financial institutions have collected Rs 127 billion in deposits.

According to the Nepal Rastra Bank, on the day of the lock-down, there was a deposit of Rs. 35.94 trillion in these A, B and C institutions. The NRB has stated that it has increased to Rs. Credit investment is still sluggish. NRB spokesperson Dr. Krishna Kumar said that only Rs. Gunakar Bhatta informed.

Banks and financial institutions had invested Rs. Spokesperson Bhatta said that it has increased to only Rs. 32.29 trillion on May 8. Credit investment in banks has declined due to the cessation of economic activities in the lockdown.