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.

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सम्बन्धित सामग्री

NRB governor reports strong financial indicators: deposits surge, interest rates drop, and economic growth expected to be 4-5%

Republica कार्तिक २०८०

NRB governor reports strong financial indicators: deposits surge, interest rates drop, and economic growth expected to be 4-5%

Republica कार्तिक २०८०

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 in no mood to give in to private sector’s demand on interest rates

KATHMANDU, Dec 2: While the private sector has warned of hitting the streets to exert pressure on Nepal Rastra Bank (NRB) to reduce the interest rates of banks, NRB Governor Maha Prasad Adhikari on Thursday made it clear that the central bank will not change its decision “just because of the protests by the market players”. The chief executive of the country’s central bank, however, expressed readiness to work with the private sector to fix the interest rates if they stand ready for that option.

Republica कार्तिक २०७९