Banks' base rate of interest comes down to as low as 7 percent - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles nagariknetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nagariknetwork.com Daily Mail and Mail on Sunday newspapers.
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.
KATHMANDU, April 21: The non-performing loans of commercial banks increased to 3.65 percent in the first nine months of the current fiscal year, an increase of 0.63 percent compared to the same period last year.
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.
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