By TRN Online, Kathmandu, May 7: The private sector lending has been rose up by 5.08 percent in Mid-April.

The Nepal Rastra Bank monthly statistic has showed that private sector lending has been increased to Rs 3864.19 billion in Mid- April which was Rs 3677.34 billion in the previous months.

Similarly, loans and advances to the government sectors have also been increased by 6.29 per cent. In the previous months, loan and advances had been Rs 3.9 billion where it has now increased to Rs 4.1 billion in Mid- April.

However, loans and advances to the financial institutions have been declined by -10.80 per cent. The statistics showed that loans and advances to financial institutions were Rs 171.39 billion in Mid- March, however, it was declined to Rs 152.88 billion in Mid- April.

The deposit has been increased by 2.72 in Mid-April. The statistics have revealed that Deposit in the Mid-March was Rs 4345.38 billion where it has increased to Rs 4464.61 billion in mid-April. 

The statistics revealed that profits of banks and financial institutions have back up with rising deposits and lending. The profit has been the rose up by 23 per cent in the Mid-April. In the previous months profit of BFIs noted Rs 46.35 billion while at the end of the Mid-April it is has been ballooned up to Rs 57.07 billion.