Banks reduce interest rate for Ashoj

September 16, 2024 19:40 pm

KATHMANDU, Sept 16: Commercial banks have further reduced deposit interest rates for the month of Ashoj (mid-September to mid-October). The average interest rate on personal fixed deposits at 20 commercial banks has decreased by 0.15 percentage points in Ashoj compared to Bhadra (mid-August to mid-September).

NRB to mop Rs 100 billion from BFIs

September 15, 2024 14:10 pm

KATHMANDU, Sept 15: After increased liquidity in the banks, Nepal Rastra Bank (NRB) has decided to mop Rs 100 billion from banks and financial institutions (BFIs) today. At 3 PM today, the NRB will mop this amount from the BFIs through a bidding instrument.

KATHMANDU, Sept 8: After excess liquidity in the banking system, the Nepal Rastra Bank (NRB) is set to mop Rs 100 billion in liquidity on Sunday.

KATHMANDU, July 31: Nepal Rastra Bank (NRB) plans to mop an additional Rs 40 billion from the banking system to manage liquidity. The NRB will conduct this operation through a bidding instrument, with the funds being held for 21 days.

KATHMANDU, Feb 16: Culture, Tourism and Civil Aviation Minister Sudan Kirati has mopped his office by himself.