In this period, BFIs disbursed an additional Rs. 361.03 billion in credit to the private sector, marking a 7.1% increase. In comparison, during the same period last fiscal year, private sector credit had increased by Rs. 222.21 billion, or 4.6%. On a year-on-year point basis, credit to the private sector had grown by 8.3% as of the end of Chaitra 2081.
As of Chaitra-end 2081, 63.4% of total private sector credit was directed towards the non-financial institutional sector, while 36.6% went to individuals and households. In the same period the previous year, these shares were 62.7% and 37.3%, respectively.
Among the BFIs, credit flow from commercial banks rose by 7.4%, development banks by 4.6%, and finance companies by 6.4%. Of the total outstanding loans from BFIs, 14.6% were backed by current assets (including agricultural and non-agricultural goods), while 65.2% were secured against real estate collateral. This compares to 11.4% and 67.6%, respectively, in the same period of the previous fiscal year.
In terms of sector-wise allocation during the nine-month review period of FY 2081/82, loans to the industrial production sector rose by 9.6%, to the construction sector by 11.4%, wholesale and retail trade by 5.2%, transport, communication and public services by 10.2%, service industries by 8.6%, and the consumption sector by 8.3%.
By loan category, term loans increased by 4.9%, margin nature loans by 37.8%, trust receipt (import) loans by 60.6%, hire purchase loans by 4.1%, cash credit loans by 5.2%, and real estate loans (including personal housing loans) by 4.9%. In contrast, overdraft loans declined by 12.1%, according to NRB statistics.
During the same period, BFIs collected deposits totaling Rs. 368.47 billion—a 5.7% increase compared to the end of Ashad of the previous year. In the corresponding period last year, deposit collection had grown by Rs. 409.04 billion, or 7.2%.
Additionally, NRB injected liquidity amounting to Rs. 484.71 billion by purchasing USD 3.63 billion directly from commercial banks through the foreign exchange market. In the same period the previous year, USD 4.26 billion was purchased, resulting in Rs. 566.55 billion in liquidity injection.
Moreover, the central bank sold USD 2.84 billion to purchase INR equivalent to Rs. 386.81 billion. In the previous year’s corresponding period, USD 2.76 billion had been sold to buy INR worth Rs. 366.99 billion.
