Deposits of commercial banks increased by Rs 34 billion and credit flow Rs 2 billion

Jul Wed 2022 04:56:32

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Deposits of commercial banks increased by Rs 34 billion and credit flow Rs 2 billion

Kathmandu. There has been a general improvement in the deposit collection of commercial banks. Compared to the first week of July, the second week saw an increase of Rs 34 billion in deposits in commercial banks. According to the Nepal Bankers' Association, there was a deposit of Rs 4.398 trillion in commercial banks as of July 25. The deposit has increased by Rs 34 billion to Rs 44.32 trillion as of July 30.

Credit to banks also increased modestly during the period. Commercial banks have disbursed Rs 2 billion in one week. According to the association, commercial banks had disbursed Rs. The credit flow has increased by Rs 2 billion and reached Rs 4.184 trillion by July 30, according to the association