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
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
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.
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
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, 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 […]
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