January 7: Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current fiscal year (FY 2022/23).
The figure was around Rs 520 billion until December 15. Of the deposits, commercial banks alone collected Rs 467.5 billion, according to the data published by the Nepal Rastra Bank (NRB).
As of January 4, BFIs have loaned out Rs 476.7 billion. During this period, BFIs' average CD Ratio remained at 86.56 percent, while inter-bank loan rate has decreased to 6.83 percent.-- RSS