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Commercial banks increase deposit by Rs 8.18 billion in a week


17 October 2022  

Time taken to read : < 1 Minute


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KATHMANDU: Commercial banks have increased Rs 8.18 billion in deposits in the fourth week of Ashoj.

With the addition, the banks now maintain deposits at Rs 4,519 billion.

In the third week, the banks recorded Rs 7.99 billion decline in deposits.

However, the banks have recorded snail pace loan extension during the period. They extended merely Rs 620 million in loans in the review period.

By October 14, they extended Rs 4,193 billion in loans.

Increase in deposits have brought down their CD ratio at 86.96 percent.

Publish Date : 17 October 2022 18:38 PM

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