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KATHMANDU, July 4: Stakeholders and experts have urged Nepal Rastra Bank (NRB) to endorse a prudent monetary policy that could address the ongoing economic slowdown and problems seen in the country’s financial sector.
KATHMANDU, April 13: After immense pressure and facing a slowdown in their businesses, Nepali commercial banks have finally shown some indication of reducing the interest rates on loans.
Kathmandu, April 12: Bankers have decided to reduce the interest rates on bank deposits so that they are below 10 per cent, to be effective from Friday, the Nepali New Year.