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Credit flows rise as banks sit on surplus funds

Financial institutions extended an additional Rs133 billion in credit during the first quarter.

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  1. 0:01Credit flows rise as banks sit
  2. 0:03on surplus funds
  3. 0:06Institutions extended an extra Rs133 billion in
  4. 0:10credit between 17 July and 11 October
  5. 0:15The expansion was more than four
  6. 0:17times higher than the Rs30 billion recorded
  7. 0:20last fiscal year
  8. 0:22Commercial banks recorded a twenty percent
  9. 0:24average increase in letters of credit
  10. 0:28For the full story visit wenepal.com
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