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Commercial banks slash base interest rates to single digits amid excess liquidity

KATHMANDU: In response to an overflow of loanable funds, the majority of commercial banks in Nepal have taken decisive steps, lowering their base interest rates on loans to single-digit figures. Financial reports from class ‘A’ financial institutions reveal that 17 out of 20 commercial banks have maintained their interest...

Commercial banks slash base interest rates to single digits amid excess liquidity
Sub-national work performance revealed: Koshi Province leads, Lumbini Province records lowest score

Sub-national work performance revealed: Koshi Province leads, Lumbini Province records lowest score

Government moves to reclaim unlawfully occupied land of Bansbari Leather and Shoe Factory

Government moves to reclaim unlawfully occupied land of Bansbari Leather and Shoe Factory

Money laundering case filed against four individuals arrested for hundi business

Money laundering case filed against four individuals arrested for hundi business

FNCCI President Dhakal urges ambassadors to boost FDI in Nepal

FNCCI President Dhakal urges ambassadors to boost FDI in Nepal

Nepal proposes legal framework for Digital Currency in landmark bill amendment

Nepal proposes legal framework for Digital Currency in landmark bill amendment

Binod Chaudhary interrogated by Nepal Police’s CIB over Bansbari land grab case

Binod Chaudhary interrogated by Nepal Police’s CIB over Bansbari land grab case

FinMin Pun directs Investment Summit Secretariat to expedite preparations for Summit

FinMin Pun directs Investment Summit Secretariat to expedite preparations for Summit

Lawmakers suggest declaring ‘emergency situation’ and gearing up efforts to reduce road accidents

Lawmakers suggest declaring ‘emergency situation’ and gearing up efforts to reduce road accidents

NRB announces issuance of development bonds worth Rs 7.69 billion

NRB announces issuance of development bonds worth Rs 7.69 billion

Ruling alliance unveils ambitious common minimum policy

Ruling alliance unveils ambitious common minimum policy

Decline in Electric Vehicle Imports Marks Shift in Nepali Automotive Market

Decline in Electric Vehicle Imports Marks Shift in Nepali Automotive Market

Govt unveiling minimum common programme today

Govt unveiling minimum common programme today

Finance minister announces thorough review of tax rates for upcoming fiscal year

Finance minister announces thorough review of tax rates for upcoming fiscal year

NTA Chairperson Bhandari initiates ambitious regulatory reforms in telecommunications sector

NTA Chairperson Bhandari initiates ambitious regulatory reforms in telecommunications sector

Government accumulates additional loan of Rs 218.86 billion in eight months

Government accumulates additional loan of Rs 218.86 billion in eight months

CIB to interrogate Nepali Congress lawmaker Binod Chaudhary in Bansbari land case

CIB to interrogate Nepali Congress lawmaker Binod Chaudhary in Bansbari land case

Central bank facilitates cross-border online payments, eases transactions for traders and workers

Central bank facilitates cross-border online payments, eases transactions for traders and workers

Stability marks Nepali real estate market in Falgun; revenue sees uptick

Stability marks Nepali real estate market in Falgun; revenue sees uptick

Nepal shows steady progress in human development index, climbs three positions

Nepal shows steady progress in human development index, climbs three positions

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