September 18: In the first month of the current fiscal year of 2023/2024, the deposit collection of banks and financial institutions decreased by 2.3 percent, and the loan flow dipped by 0.1 percent.
The report published by Nepal Rastra Bank on the Macroeconomic and Financial Conditions on Sunday showed the fall of deposit collection and loan disbursement in the first month of the current fiscal year.
On year on year basis(y-o-y), the growth rate of deposits is 11.9 percent, and the growth rate of loans disbursed in the private sector is reported to be 3.8 percent, according to the central bank.
