Nepal Rastra Bank adjusts interest rates for fixed deposits

KATHMANDU: The Nepal Rastra Bank has unveiled the mid-year review of the monetary policy for the ongoing financial year, outlining new measures to regulate interest rates on fixed deposits. As per the review, the central bank has introduced fresh arrangements to govern the interest rates on fixed deposits and establish an interest rate corridor. Effective mid-February, the fixed deposit facility will be implemented with a key adjustment concerning institutional fixed deposit interest rates. In accordance with the policy, the interest rate for institutional fixed deposits will be set one percentage point lower than the rate offered for...

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Nepal Rastra Bank adjusts interest rates for fixed deposits

KATHMANDU: The Nepal Rastra Bank has unveiled the mid-year review of the monetary policy for the ongoing financial year, outlining new measures to regulate interest rates on fixed deposits. As per the review, the central bank has introduced fresh arrangements to govern the interest rates on fixed deposits and establish an interest rate corridor. Effective mid-February, the fixed deposit facility will be implemented with a key adjustment concerning institutional fixed deposit interest rates. In accordance with the policy, the interest rate for institutional fixed deposits will be set one percentage point lower than the rate offered for...

Ratopati English माघ २०८०

Commercial banks start reducing interest rates following NRB’s revised monetary policy

Republica कार्तिक २०८०

Nepal Rastra Bank issues Monetary Policy for fiscal year 2023/24

KATHMANDU: The Nepal Rastra Bank (NRB) on Sunday issued the Monetary Policy for the current fiscal year 2023/24, implementing significant adjustments to key interest rates in a bid to stimulate economic growth. The policy rate has been lowered from 7 percent to 6.5 percent, aiming to provide a boost to the economy. The reduction in […]

Khabarhub English आषाढ २०८०

NBA decides not to alter interest rates next month

KATHMANDU, May 12: Bankers have declined to reduce their interest rates for the next month despite Nepal Rastra Bank (NRB) making it mandatory for them to review the interest rates every month.

Republica चैत्र २०७९

NBA decides not to alter interest rates next month

KATHMANDU, May 12: Bankers have declined to reduce their interest rates for the next month despite Nepal Rastra Bank (NRB) making it mandatory for them to review the interest rates every month.

Republica चैत्र २०७९

NRB permits BFIs to alter interest rates on monthly basis

KATHMANDU, May 10: Nepal Rastra Bank (NRB) has asked banks and financial institutions (BFIs) to fix interest rates on their loans on a monthly basis.

Republica चैत्र २०७९

Nepali commercial banks lower deposit interest rates amid slowdown and pressure from stakeholders

Ratopati English फाल्गुन २०७९

NRB does not intervene to fix interest rates of banks: NRB Governor

KATHMANDU, April 11: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari said banks are free to fix their interest rates based on the market situation. His remark came at a time when the government and the private sector have been pressurizing the central bank to lower the interest rates.

Republica फाल्गुन २०७९

NRB does not intervene to fix interest rates of banks: NRB Governor

KATHMANDU, April 11: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari said banks are free to fix their interest rates based on the market situation. His remark came at a time when the government and the private sector have been pressurizing the central bank to lower the interest rates.

Republica फाल्गुन २०७९

Central bank issues new directive on interest rates

With the liquidity crunch at banks and financial institutions, the Nepal Rastra Bank (NRB) on Sunday issued a fresh directive on interest rates. The post Central bank issues new directive on interest rates appeared first on OnlineKhabar English News.

Onlinekhabar English आश्विन २०७८