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Commercial banks lowering interest rates on deposits from Tuesday

Commercial banks lowering interest rates on deposits from Tuesday
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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).

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Economic slowdown and soaring bad debts hit banks profits - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

KATHMANDU, April 11: The net profits of commercial banks declined 13.37 percent in the first eight months of the current fiscal year, thanks to the economic slowdown and an increase in the bad debts of the banks.

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Majority of commercial banks lower their base lending rates to single digit

KATHMANDU, March 24: Majority of commercial banks have lowered their base interest rates on loans to single digit after they were overwhelmed with excess loanable funds.

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Majority of commercial banks reduce base interest rate on lending to single-digit

KATHMANDU, Jan 16: Majority of commercial banks have reduced their base interest rate to single digit after having an excessive amount of loanable funds with them.

Rastriya banijya bankNepal rastra bankLaxmi sunrise bankEverest bankStandard chartered bank nepalAsia bankHimalayan bankKumari bankChartered bank nepal limitedBanijya bankEverest bank limitedBank limitedKumari bank limitedPrime commercial bankInterest rateNline news nepal