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Deposits in Banking System Decrease by 3 Billion, Credit Flow Also Down by 1 Billion

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NEPSE trading

Deposits in Banking System Decrease by 3 Billion, Credit Flow Also Down by 1 Billion

According to the data from Nepal Rastra Bank, deposits in the banking system decreased by 3 billion rupees in a single day. Deposits, which stood at 6.28 trillion rupees on Friday, dropped to 6.277 trillion rupees by Saturday.

- Decrease in Deposits: Deposits, which were at 6.28 trillion rupees on Friday, decreased to 6.277 trillion rupees by Saturday. This shows a reduction of 3 billion rupees in a single day.

- Decrease in Credit Flow: Credit flow, which was at 5.136 trillion rupees on Friday, decreased to 5.135 trillion rupees by Saturday. This shows a reduction of 1 billion rupees in a single day.

- Deposits and Credit Flow in Commercial Banks: By Saturday, commercial banks held deposits of 5.557 trillion rupees, while the credit flow from commercial banks was 4.542 trillion rupees.

- Increase in CD Ratio: The CD ratio stood at 79.68 percent, compared to 79.65 percent the previous day. A slight increase in the CD ratio is observed.

- Interbank Interest Rate: The interbank interest rate remained at 3.00 percent.

Thus, there is a noticeable reduction in both deposits and credit flow in the banking system within a single day, while there is a slight change in the CD ratio and interbank interest rate.

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