Kathmandu. Current fiscal year 2082. In the first eight months of the current fiscal year, the number of collateral loans issued by banks has increased by about 32 percent.
According to the data released by Nepal Rastra Bank, banks have issued Rs 156.27 billion as collateral loan till mid-March of the current fiscal year. Previous fiscal year 2081. As of March 18, the banks had disbursed loans worth Rs 118.50 billion. Accordingly, the share loan from banks has increased by 31.88 percent compared to the previous year.
As of mid-March of the current fiscal year, banks have issued loans of more than Rs 10 million and Rs 109.64 billion as collateral. The loan of this range had gone up to Rs 79.12 billion till March of the previous year. The demand for this range of loans has increased by 38.57 percent.
Loans in the range of Rs 5 million to Rs 10 million stood at Rs 18.81 billion, loans in the range of Rs 2.5 million to Rs 50 lakh stood at Rs 19.06 billion and loans in the range of Rs 2.5 million stood at Rs 8.75 billion. Loans in the range of Rs 5 million to Rs 1 crore were Rs 14.77 billion, loans in the range of Rs 25 lakh to Rs 50 lakh were Rs 16.44 billion and loans in the range of Rs 2.5 million were Rs 8.14 billion.
Loans in the range of Rs 5 million to Rs 10 million increased by 27.32 percent, loans in the range of Rs 2.5 million to Rs 5 million by 15.88 percent and loans in the range of Rs 2.5 million increased by 7.50 percent compared to the previous year.
