Nepalese commercial banks’ deposits in Shrawan (mid-Aug 2020) decreased marginally whilst credit remained stagnant compared to previous month. No growth of credit is mainly due to lack of demand for credit amid CIVID – 19 pandemic.

Demand deposits declined by 29.5% whilst savings deposits and fixed deposits grew by 2.6% and 6.6% respectively over previous month.

Deposits and Credit of Commercial Banks 2019/20 and 2020/21. Source Nepal Rastra Bank.
Breakdown of Deposits of BFIs Aug 2020. Source Nepal Rastra Bank.
Deposits and Credit of Commercial Banks 2019/20 and 2020/21. Source Nepal Rastra Bank.

Acronym for Months used in X- Axis of Graph

Months ShortMonths FullEquivalent English Month
SShrawanMid July to Mid August
BhBhadraMid Aug to Mid Sep
AsAshwinMid Sep to Mid October
KaKartikMid Oct to Mid November
MMangsirMid Nov to Mid December
PPoushMid Dec to Mid January
MMaghMid Jan to Mid February
FFalgunMid Feb to Mid March
CChaitraMid March to Mid April
BBaishakMid April to Mid May
JJesthaMid May to Mid June
AAshadhMid June to Mid July
Acronym

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