Banking System Deposits Drop by Rs. 11 Billion in a Single Day; Lending Continues to Rise

Banking News – Nepal's banking system recorded a sharp one-day decline of Rs. 11 billion in deposits, while lending activity continued to increase, according to the latest data released by Nepal Rastra Bank (NRB). As of Asar 29, total deposits in the banking system stood at Rs. 8.280 trillion (Rs. 82.80 trillion), down from Rs.…