Tuesday, 16 April 2024 11:22 PM
OR
Login using
Commercial banks raise base rate on lending by up to two point percent
January 22, 2022 17:48 pm
KATHMANDU, Jan 22: The commercial banks have raised their base interest rate on loans by more than two point percent effective from mid January, citing an increase in their expenses for the interest on deposits.
Commercial banks hike base interest rates citing liquidity crunch
November 3, 2021 07:20 am
KATHMANDU, Nov 3: Despite Nepal Rastra Bank (NRB)’s effort to curb interest rates on loans, the base rates of commercial banks have soared as high as 9.81 percent, which has made borrowing expensive.
Base rate of BFIs reaches five-year low
July 15, 2021 18:40 pm
KATHMANDU, July 15: The average base interest rate of the bank and financial institutions (BFIs) has gone down to the lowest in the past five years, with an excess liquidity existing in the sector as an impact of the coronavirus.
Trending
Just In
- KMC to organize a month-long skill fair from May 1
- Birgunj Metropolis collects over Rs 360 million in revenue
- NEPSE plunges below 2,000 points after one and a half months; daily turnover declines to Rs 2.10 billion
- AI Index Report-2024: AI still behind humans on complex tasks like competition-level mathematics
- Daiji-Jogbudha road construction at snail’s pace
- Govt fails to adopt podway technology despite its potential in Nepal
- Jhulaghat border crossing in Baitadi to remain closed from this evening
- Universities will be free from partisan interests: Education Minister