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Home Prime News

BFIs’ total deposits reached Rs 5 trillion 4 billion

CEO Tab by CEO Tab
July 2, 2022
in Prime News
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Interest rates not to change despite high demand for loans
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The total deposits of banks and financial institutions (BFIs) have reached Rs 5 trillion 4 billion.

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According to the Nepal Rastra Bank, deposits of banks and financial institutions have increased recently. The deposits of commercial banks alone stood at Rs 4.418 trillion.

On the credit side, banks and financial institutions have disbursed Rs 4.7 trillion.

Commercial banks have disbursed Rs 41.79 trillion.

The ratio of loan to deposit (CD ratio) stood at 89.06 percent, according to Nepal Rastra Bank. Similarly, the interbank rate is 7 percent.

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