Nepal Rastra Bank/File Photo
KATHMANDU: Deposits in the banking system have started to decrease unnaturally in the last three weeks.
Deposits in banks have decreased by Rs one trillion 16 billion in the last three weeks of this month.
According to Nepal Rastra Bank, there was Rs 51 trillion 53 billion 10 billion of deposit in the banking system on July 16.
But by August 8, it has decreased by Rs one trillion 16 billion rupees making it to Rs 50 trillion 37 billion.
As of July 16, the loan amounting to Rs 47 trillion 40 crores has decreased by Rs eight billion coming down to Rs 46 trillion 92 billion rupees by August 8.
On average, the CD ratio of the banking system has reached 87.86 percent.
According to the rules of the Nepal Rastra Bank, such a ratio should be less than 90 percent.
During the last month of the previous last fiscal year, the deposit from the banking system decreased by Rs 72 billion.
By the end of July, commercial banks had collected deposits worth 45 billion 39 billion 77 million rupees.
As of August 8 this year, the deposit of commercial banks has decreased to 44 trillion 38 billion rupees decreasing by one trillion one billion rupees to 44 trillion 38 billion rupees.
During this period, the loan seems to have decreased by only 3 billion rupees.
In mid-June, commercial banks had invested 41 trillion 68 billion rupees in loans, and on July 23rd, there is a loan of 41 trillion 65 billion rupees.
At the end of July, the deposits of development banks and finance companies were 6 trillion 13 billion rupees.
As of August 8, it has decreased by 14 billion rupees to 5 trillion 99 billion rupees.
By the end of the Nepali month of Asar, the loan amounting to Rs 4 trillion 90 billion 95 billion has decreased by 21 billion 75 billion rupees coming down to Rs four trillion 69 billion 20 billion.