14 billion Deposit Collection in commercial banks with in a Month

Mar Mon 2022 02:53:32

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14 billion Deposit Collection in commercial banks with in a Month

Kathmandu. Deposit collection of commercial banks has improved in March. Deposits of commercial banks have increased by Rs 14 billion in a month. According to the Nepal Bankers' Association, there was a deposit of Rs 4.312 trillion in commercial banks on March 20. The deposit has increased by Rs 14 billion by the end of March.

As of Friday, February 29, there was a deposit of Rs 4.313 trillion in commercial banks. The deposit collection increased to Rs. 43.24 trillion in commercial banks by March 6. Similarly, Rs. 43.26 trillion has been collected in the banks till Friday.

Credit flow also seems to have increased during this period. Commercial banks disbursed Rs 10 billion in March. According to the association, commercial banks had disbursed Rs 4.159 trillion as of March 10. Similarly, the commercial banks had disbursed Rs.Similarly, the credit flow will reach  Banks had disbursed Rs 41.65 trillion in loans. However, credit flows appear to have declined, According to the association's data.