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khabarhub English - 22 hours ago

Gen-Z protests slow credit demand, banks cut interest rates

KATHMANDU: The Gen-Z protests on September 8 and 9 have had a noticeable impact on Nepal’s banking sector, with sluggish credit demand widening the gap between deposits and loans. According to the Nepal Rastra Bank (NRB) data up to Kartik, commercial banks in Nepal had collected Rs 7.44 trillion in deposits, while only Rs 5.625 [ ]


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