As compared to deposits, demand for loans is tripled

As compared to deposits, demand for loans is tripled

Kathmandu, May 5

As compared to bank deposits, credit demand has more than tripled in the previous week.

According to a Bankers Association survey, total deposits at 27 commercial banks climbed by just Rs 1 billion between April 22 and May 10, while credit investment increased by Rs 3 billion.

Last week, banks increased deposits by Rs 1 billion, raising a total of Rs 4.368 trillion.

They have, on the other hand, invested Rs 41.97 trillion, increasing Rs 3 billion over the
previous month’s credit investment.

Banks took in Rs 4.367 trillion in such deposits and loans last week and invested Rs 4.194
trillion.

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