Economy

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%....

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