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More than Rs 58 trillion in loans from banks and financial institutions, consumption loans only Rs 12.73 trillion

Artha Sarokar

Kathmandu. The total loan investment of banks and financial institutions has crossed Rs 58 trillion.According to the statistics of Nepal Ra stra Bank , the bank and financial institutions have invested a total of Rs 5.813 trillion as of mid-March of the current fiscal year.

During this period, the total deposits of banks and financial institutions amounted to more than Rs 7.8 trillion. 

The total loan investment of banks and financial institutions is 74 percent of the total deposits.The bank said that the country has the highest consumption loan disbursement during this period. A total of Rs 1,273 billion consumption credit has been disbursed during this period.

Similarly, banks and financial institutions have disbursed Rs 1041 billion in the wholesale and retail trade sector. Similarly, agriculture, forestry, beverage and non-food products

Similarly, Rs 995 billion will be spent on agriculture, forest ry, bever age and non-food production, Rs 251 billion in construction, Rs 478 billion in electricity, gas and water, Rs 76 billion in metal production, machinery and electrical appliances, transport and communication, Rs 87 billion in public utilities and finance. Loans worth Rs 429 billion have been disbursed in the insurance sector and real estate sector.

Similarly, Rs 268 billion has been disbursed to tourism services, Rs 229 billion to other service sectors, Rs 1 billion to local governments and Rs 320 billion to other sectors.

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