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Share loans: Demand for loans above Rs 10 million rises by 58%, another Rs 38.5 billion enters market

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Global College
Nepal Life New

Kathmandu. An additional Rs 38.5 billion has been disbursed from banks in the 11 months of the current fiscal year.

According to the data released by the Nepal Rastra Bank( NRB), rs 128.67 billion has been disbursed from banks till May this year. As of Last June, rs 90.09 billion loan had been disbursed. In this way, in the 11 months of the current fiscal year, an additional Rs 38.57 billion has been disbursed from the banks. As compared to June, the share mortgage loan has increased by 42.8 percent.

Crest

As of May 2018, banks have disbursed rs 88.42 billion in loans above Rs 10 million. As of Last June, the loan of this range was Rs 55.93 billion. The demand for credit in this range has increased by 58.1 percent.

Similarly, loans in the range up to Rs 10 million from Rs 5 million to Rs 10 million from banks have gone up to Rs 15.30 billion, loans in the range of Rs 2.5 million to Rs 5 million to Rs 16.87 billion and up to Rs 2.5 million in the range of Rs 8.75 billion. As of June 2018, banks had extended loans in the range of Rs 5 million to Rs 10 million to Rs 12.42 billion, rs 14.42 billion in the range of Rs 2.5 million to Rs 5 million and Rs 7.31 billion in the range of Rs 2.5 million.

Loans in the range of Rs 5 million to Rs 10 million increased by 23.1 percent, loans in the range of Rs 2.5 million to Rs 5 million increased by 17 percent and loans in the range of Up to Rs 2.5 million increased by 10.4 percent.

 

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