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Published On:
June 8, 2024 08:20 PM NPT
By: Republica
Banks maintain 78 percent of their investment portfolio in government securities
KATHMANDU, June 8: Commercial banks of Nepal have injected 78 percent of their investment in the government bonds.
According to the Supervision Department of Nepal Rastra Bank (NRB), the commercial banks have invested huge amounts to purchase the credit instruments issued by the government. While the investment in the government credit instruments accounts for Rs 918 billion, the investment in bonds issued by the NRB is Rs 16 billion.
The banks have invested Rs 93 billion in shares and debentures in the secondary market. Their interbank investment is Rs 6 billion, while they have kept Rs 2 billion in fixed deposits.
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