Commercial banks Deposits close to 55 billion and CD ratio is 84.82 percent

May Sun 2023 03:15:32

548 views

Commercial banks Deposits close to 55 billion and CD ratio is 84.82 percent

Kathmandu. Recently, as the economy has become easier, the deposit collection of banks and financial institutions has also increased. According to the latest statistics of the National Bank, the deposits of banks and financial institutions have reached almost 55 billion rupees.

According to the National Bank of India, deposits of banks and financial institutions increased by 7 billion rupees and reached 54 trillion 95 billion rupees on May 4. On the previous day i.e. 3rd of June, there were 54 trillion 88 billion rupees in deposits with banks and financial institutions. Compared to the previous day, banks have increased deposits by 7 billion rupees in one day.

According to Rashtra Bank, deposits of commercial banks have increased by 7 billion rupees to 48 trillion 45 billion rupees. The previous day, banks had 48 trillion 38 billion rupees. Similarly, the National Bank has stated that other banks and financial institutions have 6 trillion 49 billion rupees.

According to the latest statistics, banks have increased their loans by one billion rupees. Banks and financial institutions, which provided loans of 48 trillion 46 billion rupees on 4th of May last, provided loans of 48 trillion 45 billion rupees on 3rd of May.

Commercial banks have provided loans of 42 trillion 95 billion rupees. 42 trillion 94 billion rupees were disbursed the previous day. Other banks and financial institutions have provided loans of 5 trillion 51 billion rupees.

The credit deposit ratio (CD) ratio is also getting easier when there is an increase in the deposit collection of the banks and a decrease in the loan disbursement. According to the latest statistics, the CD ratio of banks is 84.82 percent. According to the National Bank, the inter-bank interest rate is 7 percent.