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'summary' => 'February 22: Although banks and financial institutions have increased interest rates on deposits citing liquidity crisis, deposit collection has not increased as expected.',
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 22: Although banks and financial institutions have increased interest rates on deposits citing liquidity crisis, deposit collection has not increased as expected.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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February 22: Although banks and financial institutions have increased interest rates on deposits citing liquidity crisis, deposit collection has not increased as expected.
Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18.
Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank.
With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December.
Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.
Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
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'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">February 22: Although banks and financial institutions have increased interest rates on deposits citing liquidity crisis, deposit collection has not increased as expected.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Although banks have raised interest rates on deposits to 11.03 percent since mid-February, the deposits of commercial banks have increased by only Rs 1 billion. According to the Nepal Bankers' Association, the total deposits of commercial banks was Rs 4311 billion as of mid-February which increased to Rs 4312 billion on February 18. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Despite opposition by some bankers that increasing interest rates would not increase deposits, the association had decided to raise interest rates in line with the interest rate limit set by the central bank. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">With the weak growth rate of deposit, credit expansion of banks has also started shrinking. According to the association, the credit of banks has increased by only Rs 4 billion in February. Commercial banks, which have been extending loans of Rs 10 billion in average in a week, started reducing credit flow since mid-December. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Deposit collection of banks was Rs 110 billion as of mid-January this year while the credit flow was Rs 434 billion during the review period.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Credit flow has been much higher than deposit collection. Liquidity crisis is getting worse due to the loan flow to unproductive sectors such as import business.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
