Bagmati Province continues to dominate Nepal’s banking sector, holding 65.8 percent of total deposits and 59.5 percent of total credit, according to Nepal Rastra Bank’s annual report for fiscal year 2081/82. Of the Rs 7.29 trillion in total deposits nationwide, nearly Rs 4.8 trillion originated from Bagmati. Similarly, over Rs 3.32 trillion of the Rs 5.58 trillion in total loans were disbursed in the province. The report notes a slight decline in agricultural lending, while industry and services remain the primary recipients of bank credit, highlighting the concentration of financial activity in Bagmati.
