Commercial banks in Nepal recorded a sharp rise in lending during Poush, with total loans increasing by Rs 1.05 trillion to Rs 51.57 trillion from Rs 50.52 trillion in Mangshir, according to the Nepal Bankers’ Association. The growth was driven by higher demand for consumer, housing, vehicle, and share-backed loans, along with year-end loan “evergreening” practices. Deposits rose by Rs 1.3 trillion, largely supported by remittance inflows. Bankers note that lending typically increases in Poush due to tax payments and year-end business activity, calling the surge largely seasonal. With Rs 11.33 trillion still available as creditable funds, banks retain room for further loan expansion.
