The liquid funds of the
commercial banks in Nepal
stood at Rs
65.4 billion as of
mid-October 2006 compared to
Rs 49 billion in the same
period last year, according
to a quarterly report of the
Nepal Rastra bank
(NRB). As a result,
liquid funds to deposit
ratio increased to 21.6 per
cent at mid-October 2006
from 19.3 per cent a year
ago. Out of the total liquid
funds with the commercial
banks, the proportion of
funds in foreign currency is
49.3 per cent (Rs 32.3
billion) and the rest was in
local currency, states the
NRB report. In the review
period, the commercial banks
availed the standing
liquidity facility (SLF)
amounting to Rs 1.95 billion
compared to Rs 1.17 billion
availed in the previous
year. The consumer inflation
remained at 7.5 per cent
till the mid October 2006
compared to 7.8 per cent a
year ago. Although the
prices of cereal products
remained at a lower level,
the rise in prices of
pulses, vegetables and
fruits exerted pressure on
inflation. Total government
expenditure rose by 17.7 per
cent to Rs 19.5 billion in
the first quarter of current
fiscal year. In the same
period last year, the
government spending has
increased by 12.4 per cent.
Read more about liquid funds
of commercial banks in Nepal
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