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Commercial banks announce new fixed deposit interest rates for October

KATHMANDU: Commercial banks in Nepal have announced the new fixed deposit interest rates for the month of October, with most banks reducing their rates while a few have decided to maintain the previous month’s rates. The interest rate cuts come after Nepal Rastra Bank, through the monetary policy for...

Commercial banks announce new fixed deposit interest rates for October
Prime Minister Oli calls for free small digital transactions amid rising concerns over mobile banking fees

Prime Minister Oli calls for free small digital transactions amid rising concerns over mobile banking fees

Only a private sector promotion policy can improve economy: Dhakal

Only a private sector promotion policy can improve economy: Dhakal

NRB’s data shows increase in loan demand, banking sector optimistic

NRB’s data shows increase in loan demand, banking sector optimistic

Global IME Bank awarded “Euromoney Awards for Excellence 2024” in two categories

Global IME Bank awarded “Euromoney Awards for Excellence 2024” in two categories

Nepal Rastra Bank to mop additional Rs 40 billion for liquidity management

Nepal Rastra Bank to mop additional Rs 40 billion for liquidity management

Fitch Credit Rating team arrives in Nepal for sovereign credit rating assessment, key to boosting foreign investment

Fitch Credit Rating team arrives in Nepal for sovereign credit rating assessment, key to boosting foreign investment

New Law: government to handle all check bounce cases, jail terms increased

New Law: government to handle all check bounce cases, jail terms increased

ADB Sharpens Strategic Focus, Increases Support for Key Priorities

ADB Sharpens Strategic Focus, Increases Support for Key Priorities

Global IME Bank offers 5 additional benefits for new account holders

Global IME Bank offers 5 additional benefits for new account holders

Government taskforce mandates insurance for microfinance projects to address loan repayment issues

Government taskforce mandates insurance for microfinance projects to address loan repayment issues

NRB to Provide Clean Notes Instead of New Currency for Dashain, Aims to Promote Digital Transactions

NRB to Provide Clean Notes Instead of New Currency for Dashain, Aims to Promote Digital Transactions

NRB reports significant improvement in commercial banks’ lending capacity

NRB reports significant improvement in commercial banks’ lending capacity

Global IME Bank Launches Global Junior App Targeted at Children

Global IME Bank Launches Global Junior App Targeted at Children

MoF Forms Two Rapid Inspection Teams to Combat Revenue Leakages

MoF Forms Two Rapid Inspection Teams to Combat Revenue Leakages

Global IME Bank signs agreement with MAW Vriddhi Motors and MAW Vriddhi Autocorp for EV loans

Global IME Bank signs agreement with MAW Vriddhi Motors and MAW Vriddhi Autocorp for EV loans

Government revives efforts to amend Securities Act, lacking major reforms

Government revives efforts to amend Securities Act, lacking major reforms

Loan disbursement remains low despite favorable investment climate

Loan disbursement remains low despite favorable investment climate

NRB permits microfinance institutions to reschedule and restructure loans for the next three years

NRB permits microfinance institutions to reschedule and restructure loans for the next three years

Nepal’s commercial banks reduce bad debt ratio by 3.34% in last fiscal quarter

Nepal’s commercial banks reduce bad debt ratio by 3.34% in last fiscal quarter

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