Cash withdrawal from banks increases following lockdown

Khabarhub

March 25, 2020

< 1 MIN READ

Cash withdrawal from banks increases following lockdown

(Image for Representation/Khabarhub)

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KATHMANDU: The number of people withdrawing their money from the banks across Nepal has increased following the lockdown enforced by the government on Tuesday.

The customers are withdrawing their money from the banks to purchase essential commodities presuming that the lockdown would stretch beyond the cut-off date.

Bankers have said that depositors have withdrawn a large amount of money from the banks in the last two days.

According to Nepal Rastra Bank, the customers have withdrawn more than Rs 3 billion from the banks and financial institutes on Sunday and Monday.

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