Kathmandu. More than 7,000 loan accounts have been closed in the month of April alone. According to the Nepal Rastra Bank, 7,177 loan accounts have been closed in the month of April of the current fiscal year. 

According to the bank, no new loan accounts have been added due to the lack of loan extension. , on the other hand, , banks and financial institutions are focused on recovering old loans. Similarly, loans accounts that have been pending for a long time have been closed . 

This is also the reason why the number of loan accounts that will be closed in April has increased. loan account decreased in April, but deposit account increased. 

According to bank bank deposit accounts have increased by more than 3 lakh in April. As of mid-April of the current fiscal year, the total number of accounts of loans and deposits in banks and financial institutions has reached 62.7 million {{} as of mid-April of the current fiscal year.