Majority of commercial banks except NIC Asia trim down deposit interest rates

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.

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17 banks reduce interest rates for Chaitra except for NIC Asia Bank

KATHMANDU, March 13: Most of the commercial banks have reduced the deposit interest rate for the month of Chaitra (mid-March to mid-April). The latest interest rate table released by these banks indicates a decline in the average interest rate for personal term deposits by 0.51 percentage points in Chaitra (mid-March to mid-April) compared to Falgun (mid-February to mid-March).

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14 commercial banks adjust deposit interest rates

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 […]

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