Consumers

Nepal’s commercial banks halt interest rate cuts, signal stability in Q4

KATHMANDU: Nepal’s commercial banks have frozen deposit interest rates for the last three months of fiscal year 2081/82—Magh, Falgun, and Chaitra—ending a months-long trend of reductions driven by excess liquidity. Announcing rates for Chaitra on Thursday that match those of the prior two months, banks have made it clear...

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