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Interest rates on loans fall to single-digit as coronavirus hits banking industry

KATHMANDU: Nearly a dozen commercial banks have published their new interest rates. The new interest rates, effective from Ashoj 1 (September 17), have fallen drastically as the banking sector is flush with loanable funds amid the slowdown in economic activities in recent months. Not only deposit rates, banks have also...

Interest rates on loans fall to single-digit as coronavirus hits banking industry
Nepal makes progress in human capital development

Nepal makes progress in human capital development

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Bank loans spike even during lockdown amid demand for import financing

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NRB introduces new system for interest rate

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Govt, World Bank ink $10.85 million additional grant pact  

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No new banknotes this Dashain

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Monthly withdrawal limit through ATMs set at Rs 400,000

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Coronavirus pandemic puts a strain on banks’ profitability

Coronavirus pandemic puts a strain on banks’ profitability

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Govt directs Valley’s DAOs to facilitate commuting of bank staff

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Banks decide to shut operation in Valley as police bars commuting of bank staffs

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Banks to remain open despite lockdown in the Valley

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NIC Asia partners with Khalti Digital Wallet for the bank’s ‘Super Chamatkarik Loan’ application

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After NRB, NBA asks bankers to prioritize ‘work from home’

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Global IME Bank’s net profit up by 11.81%

Nabil Bank records Rs 3.56 billion profit in Q4

Nabil Bank records Rs 3.56 billion profit in Q4

NIC Asia Capital to distribute 18% cash dividend

NIC Asia Capital to distribute 18% cash dividend

BFIs add 1,030 new branches

BFIs add 1,030 new branches

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