April 23, 2025 (MLN): The total deposits held by scheduled banks have moved up by 4.2% to Rs31.75 trillion in March compared to Rs30.46 tr by the end of last month.
When compared to the same month of last year, banks' deposits have risen by 12.1%, compared to Rs28.32 tr held in March 2024, data released by the central bank showed.
Total advances decreased by 3.6% to Rs13.47tr compared to Rs13.97tr a month ago. Meanwhile, advances increased by 12.6% from their value of Rs11.96tr from a year ago.
As a result of strong inflow of deposits and weak momentum of advances, the Advances to Deposits Ratio (ADR) dropped to 42.4%, a decrease of 343 basis points on a monthly basis and an increase of 20 bps on a yearly basis.
This reflects persistently weak private sector demand for bank credit amid subdued economic conditions as well as the government’s high demand for bank financing to meet the budget deficit.
Total investments increased by 3.7% to Rs32.38tr from last month. Compared to last year, investments rose 23.2%.
Investment to Deposit Ratio (IDR) moved down by 49bps to 102.0% compared to last month and increased by 923 bps when compared to a year ago.
