Kathmandu, May 10
Within last month, Rs 6 billion has been deposited in the bank and Rs 19 billion has been
withdrawn. The Rs 13 billion that was taken out of the financial system has yet to be returned.
As soon as election preparations began a month ago, Rs 56 billion was injected into the
financial sector. Rs 13 billion of the Rs 19 billion taken out of the banking system for the
election is expected to be returned to the bank after the election.
Deposits out of the banking system are gradually growing as the election near. Deposit
collection has been an issue in the past, but the banking sector saw a significant improvement in deposits last year. According to the Nepal Bankers Association, the bank’s CD ratio has also improved as deposits have increased and credit investment has decreased.
