Deposits Increased by Rs 7 billion per Week Commercial Banks in Nepal

May Tue 2022 03:20:13

144 views

Deposits Increased by Rs 7 billion per Week Commercial Banks in Nepal

Kathmandu. In the last one week, the deposit collection of commercial banks has improved. Deposits in commercial banks have increased by Rs 7 billion in a week. According to the Nepal Bankers' Association, deposits in commercial banks have increased by Rs 7 billion in the period from April 12 to May 20. 

There was a deposit of Rs. 43.77 trillion in commercial banks this month. The deposit had dropped by Rs 10 billion to Rs 4.367 trillion by April 25. Similarly, deposits had increased by Rs 1 billion in the period from April 26 to April 30.

Similarly, the deposits had increased by Rs. 5 billion to Rs. According to the Nepal Bankers' Association, the deposits have come down to Rs 4.37 trillion from April 9 to 10.

Meanwhile, commercial banks have also expanded credit flow in recent weeks. The credit flow to commercial banks has increased by Rs 3 billion in the period from April 12 to May 20. As of April 12, the commercial banks had disbursed Rs. 41.91 trillion in loans. The credit flow has increased to Rs. 41.94 trillion by May 20.