The commercial banks of Nepal credit flow increased by Rs. 23 billion

Mar Tue 2021 07:10:59

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The commercial banks of Nepal credit flow increased by Rs. 23 billion

Kathmandu: The credit flow of banks has started increasing in the last few weeks. According to the Nepal Bankers Association, the credit flow of commercial banks has increased by Rs 23 billion in the last one week and reached Rs 34.35 trillion as of April 20. As of March 11, the banks had disbursed Rs. 34.12 trillion in loans. Looking at these statistics, it is seen that the credit flow has been gradually increasing recently.

Meanwhile, deposit collection has also increased by Rs 14 billion in a week. According to the association, banks have collected Rs 3.84 trillion in deposits as of April 20. In the previous week (as of March 11), banks had collected Rs 3.826 trillion in deposits.