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

Banks NPLs escalate to an alarming 3 65 percent due to growing cases of loan-default - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

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.

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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