Deposits worth Rs 58 billion added in seven days « Khabarhub
Sunday, July 14th, 2024

Deposits worth Rs 58 billion added in seven days


10 January 2022  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: Liquidity in banks and financial institutions has finally started to ease.

As per the details provided by the Nepal Bankers Association, the deposits have increased by Rs. 58 billion in seven days. During the period, credit worth only Rs. 9 billion has been disbursed.

According to the association, the deposit in the bank has increased from Rs. 4.2 trillion to Rs. 4.3 trillion while credit jumped from 4 trillion to 4.1 trillion.

The decision of the Nepal Rastra Bank (NRB) to allow the banks to count up to 80 percent of the balance of the local levels in the bank as a deposit has had a positive impact. Similarly, interbank interest rates have also declined during the same period.

Publish Date : 10 January 2022 22:01 PM

Analysis: Road to the UEFA EURO 2024 final

UEFA’s team of technical observers in Germany analyse the key

Simaltal landslide update: Three dead bodies identified

BHARATPUR: The identities of all three bodies found in the

FBI leads investigation into Trump assassination attempt at campaign rally

WASHINGTON: Former U.S. President Donald Trump said late Saturday that

Search for missing buses and passengers in Trishuli river continues into third day

KATHMANDU: The search for two passenger buses swept away into

Public Interest Litigation versus Publicity Interest Litigation

Nepalese courts, once regarded as bastions of equity, face yet