13 commercial banks reduce their interest rates on deposit from mid-July to mid-August
KATHMANDU, July 17: Majority of commercial banks have lowered their interest rates on deposits by an average of 0.14 percent per annum for the next one month starting from Tuesday.
KATHMANDU, MARCH 13: Twenty commercial banks have made public new interest rates on the deposits for the coming Nepali month of Chaitra (mid-March to mid-April). A majority of them i.e. 17 reduced interest rates for personal term deposits and institutional deposits. This is attributed to increased liquidity in the banking system and decreased credit flow. […]
The post Majority of commercial banks except NIC Asia trim down deposit interest rates appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.
The weighted averages of interest rates, encompassing the interbank rate, deposit rate and lending rate of commercial banks have all seen a decline; but the concerning thing is - people just are not taking out loans like they used to.
The post Nepal’s latest economic outlook: Why are people not taking loans? appeared first on OnlineKhabar English News.
KATHMANDU: In a recent development, 14 commercial banks have implemented changes to their deposit interest rates for the month of August/September. Among the banks making adjustments are NIC Asia Bank, Prabhu Bank, Nepal SBI, Rastriya Banijya Bank, Kumari Bank, Laxmi Sunrise Bank, Sanima Bank, Nepal Bank Krishi Bikash Bank, Siddhartha Bank, Citizens Bank, Global IME […]
KATHMANDU, March 9: The interest rate of bank loans will be decreased by 1 percent starting March 15, 2023. The meeting of the Nepal Bankers Association (NBA), an organization of Chief Executive Officers (CEOs) of commercial banks decided to implement a decrease in interest rates.
The meeting of Nepal Bankers Association, the umbrella organization of chief executive officers of commercial banks, decided to reduce the interest rate on deposits.
The meeting of Nepal Bankers Association, the umbrella organization of chief executive officers of commercial banks, decided to reduce the interest rate on deposits.
KATHMANDU: The commercial banks have decided to stay the interest rates in Jestha. The Nepal Bankers Association (NBA), an umbrella organization of the commercial banks, decided not to raise the interest rates of banks for the next month. According to sources, NBA has already informed commercial banks about its decision. Commercial banks, which had hiked […]
Most commercial banks of the country have revised interest rates for the month of Kartik that began today. Most of the interest rates announced are the highest of the past three years.
The post Banks to give record-high interests on deposits this month. Here’s the rate list appeared first on OnlineKhabar English News.