Share credit increased by 99.19 percent

Jun Wed 2021 11:40:32

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Share credit increased by 99.19 percent

According to the Nepal Rastra Bank, the growth rate of margin loans from banks and financial institutions has increased by 99.19 percent in April / May of the current fiscal year as compared to April / May of the previous fiscal year.

In the corresponding period of the previous year, the total loan from banks and financial institutions increased by Rs. 94.34 billion. This is the flow of credit through commerce, development banks and finance companies. 47.36 billion in the corresponding period of the previous year. This time, an additional loan of Rs 46.97 billion has been disbursed.

The share of loan of margin nature in the total credit flow till April is 2.32 percent. During this period, the total debt was Rs. 4,061.40 billion has been disbursed. The credit growth rate of commercial banks during the review period was 114.86 percent.