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ECONOMY

Banks collected Rs 21 billion in deposits, lent just Rs 1 billion in past one week

KATHMANDU, Nov 7: Deposit collection by the commercial banks in the country increased by Rs 21 billion last week, while the lending amount declined by Rs 1 billion during the period.
By Republica

KATHMANDU, Nov 7: Deposit collection by the commercial banks in the country increased by Rs 21 billion last week, while the lending amount declined by Rs 1 billion during the period.


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According to Nepal Bankers’ Association, as of Friday, the deposits collection stood at Rs 4.545 trillion, an increase from Rs 4.524 trillion. Likewise, the loan amount of the commercial banks declined from Rs 4.225 trillion to Rs 4.224 trillion.   


 

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