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Banks reduce interest rates for Baisakh, except for Everest and NMB Bank

KATHMANDU, April 12: Most of the commercial banks have reduced the deposit interest rates for the month of Baisakh (mid-April to mid-May) as well. According to the new interest rate table published by the banks on Friday, the maximum average interest rate for personal term has decreased by 0.19 percentage points compared to Chaitra (mid-March to mid-April).

Commercial banks record interest income of Rs 64 76 billion in first four months of current FY

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