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Banks allowed to provide loans at lower interest rates than base rate

KATHMANDU, July 28: Banks and financial institutions will now be allowed to provide loans at an interest rate lower than their base rate. The Central Bank has made such an arrangement by issuing a circular on Friday. However, for such loans, the Nepal Government/Provincial Gover

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U.S. Fed hikes interest rates by 25 basis points

NEW YORK, July 27: The U.S. Federal Reserve on Wednesday raised its benchmark interest rates by 25 basis points to the range of 5.25 to 5.5 percent, the highest level in over two decades, as it continues to ramp up its fight against inflation. It is the 11th interest rate increa

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ECB raises key rates by 25 bps

FRANKFURT, June 16: The European Central Bank (ECB) on Thursday announced a new interest rate increase of 25 basis points (bps), continuing its rate-hiking spree aimed at curbing inflation. The interest rates on the main refinancing operations, the marginal lending facility, and

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New Zealand: Economy slips into recession after interest rate hikes

June 15: New Zealand's economy has fallen into a recession after the country's central bank aggressively raised interest rates to a 14-year high. Its gross domestic product (GDP) fell by 0.1% in the first three months of the year, official figures show.

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Sudurpaschim Government to give loans to farmers at zero interest rate

DHANGADI, June 7: The Sudurpaschim Province government will provide loans to farmers at zero interest rates for commercial agriculture. The decision was announced by the Province Head Devraj Joshi while presenting the annual program for the fiscal year 2080/2081 in the Provincia

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Bank interest rates to lessen starting 15th of March

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.

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Commercial banks agree to reduce interest rates 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.

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Commercial banks agree to reduce interest rates 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.

Nepalnews मंसिर २०७९

Banks to not cut interest rates

In the month of November, commercial banks are going to keep the deposit interest rate constant.

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Chamber's protest against interest rate hike adjourned

The Nepal Chamber of Commerce has requested to postpone the protest against the increased interest rates by banks

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The monthly interest rate in Sanima’s all accounts with Bumper Dhamakaoffers

Kathmandu, July 17. Sanima Bank is providing monthly interest rates on all Sanima accounts from the new fiscal year. Sanima’s Nepali and foreign currency: US dollar, Euro, Great Britain pound, Australian dollar, accounts are providing monthly interest. It is applicable to all saving accounts, call accounts, and fixed deposit accounts. Likewise, Sanima Bank has launched […] The post The monthly interest rate in Sanima’s all accounts with Bumper Dhamakaoffers appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

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