Banking Khabar | Kathmandu
Deposits held in banks and financial institutions have increased by 5.7% in the first nine months of the current fiscal year, according to data published by Nepal Rastra Bank. Total deposits reached Rs. 36.08 trillion by the end of Chaitra 2081, marking a rise of Rs. 847 billion.
In comparison, during the same period last year, deposits had grown by 7.2%, totaling Rs. 40.09 trillion. On an annual point-to-point basis, deposits rose by 11.5% as of the end of Chaitra 2081.
The composition of total deposits at banks and financial institutions by the end of Chaitra 2081 was as follows:
Current deposits: 5.7%
Savings deposits: 35.8%
Fixed deposits: 51.0%
By contrast, in the same period the previous year, the composition stood at:
Current deposits: 5.2%
Savings deposits: 29.1%
Fixed deposits: 58.9%
Institutional deposits accounted for 35.4% of the total deposits at the end of Chaitra 2081, slightly down from 35.7% at the same point in 2080.
This moderate deposit growth reflects changing patterns in savings behavior and institutional fund placements across the banking sector.
