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Bankers and automobile dealers cautiously welcome the monetary policy review

KATHMANDU, May 19: Nepal Rastra Bank (NRB) has turned flexible over the mandatory capital adequacy funds that the banks and financial institutions (BFIs) have to maintain while issuing credits to their clients.

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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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NRB considers 18 out of 20 commercial banks in its watchlist for strict onsite inspection

KATHMANDU, April 21: Nepal Rastra Bank (NRB) has kept 18 out of 20 commercial banks under its watchlist after these banks were suspected of failing to abide by the central bank’s regulations.

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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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