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Bank Borrowing Down 2.84pc

Borrowings by all scheduled banks fell 2.54pc to Rs1,185.063bn in the week ending January 2, against the prior week’s level of Rs1,215.962bn.

When compared with last year’s corresponding figure of Rs639.293bn, the current week’s figure is higher by 85.37pc.

Borrowings by all commercial banks declined 2.84pc in the week to Rs1,108.21bn, against the previous week’s figure of Rs1,140.555bn. Borrowings by specialised banks stood at Rs76.853bn in the week, against the preceding week’s figure of Rs75.407bn.


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