Nepal Rastra Bank's annual reports on provincial economies for fiscal year 2082/83 show bank deposits growing faster than lending in Madhesh, Sudurpashchim and Karnali, with credit concentrated in services and a few districts. In Madhesh, where agriculture, forestry and fisheries make up nearly 35% of GDP, banks extended Rs 8.99 billion in concessional loans; deposits rose 17.32% to Rs 478.37 billion by the end of Ashar 2083 while total lending slipped 0.18%.
In Sudurpashchim, 73.48% of bank credit went to services and 9.56% to agriculture, and Kailali and Kanchanpur together account for 88.29% of the province's lending. Karnali's economy is projected to grow 2.94%, below the national rate; its deposits rose 22.03% to Rs 111.15 billion while lending grew 9.79%, with 85.21% of credit going to services and more than half of the province's credit concentrated in Surkhet.
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Nepal Rastra Bank reports for fiscal year 2082/83 show most bank credit in Sudurpashchim and Karnali going to services and a few districts, while lending in Madhesh slipped even as deposits grew.
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