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Nepal faces lagging loan growth despite strong deposit collection

KATHMANDU: Nepal Rastra Bank (NRB) reports substantial growth in deposits but a slower-than-expected expansion in loans for the current fiscal year. From July 2023 to May 31, 2024, deposits reached NPR 456 billion, a growth rate of 7.9%, while loans disbursed amounted to NPR 245 billion, growing only 5%....

Nepal faces lagging loan growth despite strong deposit collection
NRB Governor Maha Prasad Adhikari Announces Flexible Monetary Policy for Next Fiscal Year

NRB Governor Maha Prasad Adhikari Announces Flexible Monetary Policy for Next Fiscal Year

Monsoon expected to enter Nepal on June 13

Monsoon expected to enter Nepal on June 13

FNCCI President Dhakal emphasizes investment from the UK

FNCCI President Dhakal emphasizes investment from the UK

Lawmakers Criticize Budget Allocation, Finance Minister Defends Objective Resource Mobilization

Lawmakers Criticize Budget Allocation, Finance Minister Defends Objective Resource Mobilization

Daraz lays off 60 percent workforce from Nepal, daily activities controlled by Bangladesh office

Daraz lays off 60 percent workforce from Nepal, daily activities controlled by Bangladesh office

Rising gold prices in Nepal further impacted by increased customs duty

Rising gold prices in Nepal further impacted by increased customs duty

Shree Airlines flight redirected back to parking due to fuel odor

Shree Airlines flight redirected back to parking due to fuel odor

Huawei ‘Seeds for the Future Nepal’ 2024 opens registration

Huawei ‘Seeds for the Future Nepal’ 2024 opens registration

Nepal Oil Corporation announces price reduction for Petrol, Diesel, and Kerosene

Nepal Oil Corporation announces price reduction for Petrol, Diesel, and Kerosene

Ncell’s new Ncell Centre in Narayanghat

Ncell’s new Ncell Centre in Narayanghat

‘Cyber Connect 2024’ concludes inspiring solutions for tomorrow’s cybersecurity challenges

‘Cyber Connect 2024’ concludes inspiring solutions for tomorrow’s cybersecurity challenges

Non-Life Insurers to Continue Farm Insurance Following Government Agreement

Non-Life Insurers to Continue Farm Insurance Following Government Agreement

NEA starts exporting surplus electricity to India amid rising river flows

NEA starts exporting surplus electricity to India amid rising river flows

Wrestling held in Kalapathar to set the world record

Wrestling held in Kalapathar to set the world record

Rising temperatures in Kathmandu valley with potential for thunderstorms

Rising temperatures in Kathmandu valley with potential for thunderstorms

Stay Sadhain ON with affordable International Data Roaming Packs from Ncell

Stay Sadhain ON with affordable International Data Roaming Packs from Ncell

Electric Vehicles to become pricier as government increases customs and excise duties

Electric Vehicles to become pricier as government increases customs and excise duties

Finance Minister Pun defends budget allocation and tax revisions amid criticism

Finance Minister Pun defends budget allocation and tax revisions amid criticism

71st International Everest Day celebrated with special programs

71st International Everest Day celebrated with special programs

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