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Share mortgage loans rise by 34%

SPIL
Nepal Life

Kathmandu. Current fiscal year 2082. The share collateral loan issued by banks has increased by about 34 percent in the second quarter of the current fiscal year.

According to the data released by Nepal Rastra Bank, banks have issued Rs 152.40 billion as collateral loan till mid-January of the current fiscal year. Previous fiscal year 2081. As of January 1980, the banks had disbursed Rs 113.77 billion in loans. Compared to the previous year, the share loan from banks increased by 33.95 percent.

Esewa
Crest

As of mid-January of the current fiscal year, banks have issued loan of Rs 106.11 billion as collateral of shares above Rs 10 million. The loan of this range was Rs 75.44 billion till January last year. The demand for this range of loans has increased by 40.66 percent.

Loans in the range of Rs 5 million to Rs 10 million stood at Rs 17.07 billion, loans in the range of Rs 2.5 million to Rs 50 lakh stood at Rs 19.38 billion and loans in the range of Rs 2.5 million stood at Rs 8.82 billion. In the previous year, loans in the range of Rs 5 million to Rs 1 crore stood at Rs 14.28 billion, loans in the range of Rs 25 lakh to Rs 50 lakh stood at Rs 16.14 billion and loans in the range of Rs 2.5 million stood at Rs 7.90 billion.

Loans in the range of Rs 5 million to Rs 10 million increased by 26.59 percent, loans in the range of Rs 2.5 million to Rs 50 lakh increased by 20.05 percent and loans in the range of Rs 2.5 million increased by 11.63 percent in the review period.

 

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