In the month of Bhadra, deposits in commercial banks increased by NPR 73 billion
Author
NEPSE trading
In the month of Bhadra (August-September), commercial banks in Nepal saw a significant increase in deposits, amounting to nearly NPR 73 billion. According to data from the Nepal Bankers' Association, banks collected NPR 72.71 billion more in deposits during this period.
Deposit Collection: Increased by NPR 72.71 billion in Bhadra.
Total Deposits by End of Bhadra: NPR 5,788.57 billion.
Increase Compared to End of Shrawan: Deposits stood at NPR 5,715.86 billion at the end of Shrawan.
Leading Banks in Deposit Growth:
Nepal Investment Mega Bank: Increased by NPR 17.70 billion, with total deposits reaching NPR 430 billion.
NMB Bank: Increased by NPR 14.42 billion, with total deposits reaching NPR 243.43 billion.
Kumari Bank: Increased by NPR 12.82 billion, with total deposits reaching NPR 356.59 billion.
Other Banks' Deposit Growth:
Himalayan Bank: Increased by NPR 10.91 billion, with total deposits reaching NPR 310.42 billion.
Prime Commercial Bank: Increased by NPR 8.72 billion, with total deposits reaching NPR 221.89 billion.
Global IME Bank: Increased by NPR 5.19 billion, with total deposits reaching NPR 512.70 billion.
Banks with Lower or Decreased Deposits:
Standard Chartered Bank: Decreased by NPR 500 million, with total deposits now at NPR 116.12 billion.
Sanima Bank: Decreased by NPR 40 million, with total deposits now at NPR 199.41 billion.
NIC Asia Bank: Decreased by NPR 7.02 billion, with total deposits now at NPR 339.54 billion.
Increase in Loan Disbursement:
Loan Disbursement in Bhadra: Increased by NPR 53 billion.
Total Loan Disbursement by End of Shrawan: NPR 4,573 billion.
Total Loan Disbursement by End of Bhadra: NPR 4,626 billion.
Credit-to-Deposit Ratio (CD Ratio):
Total Deposits: NPR 5,789 billion.
Total Loans: NPR 4,626 billion.
CD Ratio: 78.94 percent.
During the month of Bhadra, commercial banks in Nepal experienced notable growth in both deposit collection and loan disbursement. Nepal Investment Mega Bank led in deposit growth, while Standard Chartered Bank and Sanima Bank saw a decrease in deposits. Overall, there has been an improvement in loan disbursement, strengthening the financial standing of the banks.
