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Banks slash deposit interest rates in response to NRB’s policy adjustments

KATHMANDU: In response to Nepal Rastra Bank’s (NRB) recent adjustments to the policy rate and bank rate, commercial banks have announced revised interest rates on deposits for the upcoming month of Paush (mid-December to mid-January). Eighteen banks have publicly declared a reduction in interest rates for both individual and...

Banks slash deposit interest rates in response to NRB’s policy adjustments
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Banks contemplate further reduction in loan interest rates amid surplus funds

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Central bank directs BFIs to prioritize property auctions over swift blacklisting of debtors

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