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Loan interest rates drop to 9.33% as deposits decline, shows central bank data

KATHMANDU: The average interest rate on loans in Nepal has dropped to 9.33% as of the end of Ashoj (mid-October), according to the latest data from Nepal Rastra Bank. This marks a further decrease from 9.52% recorded in Bhadra (mid-September). The decline is attributed to easing market conditions, with...

Loan interest rates drop to 9.33% as deposits decline, shows central bank data
Nepal Telecom and Rajbahadur Shah honored for highest tax contributions

Nepal Telecom and Rajbahadur Shah honored for highest tax contributions

Nepal to begin historic electricity export to Bangladesh, strengthening regional cooperation

Nepal to begin historic electricity export to Bangladesh, strengthening regional cooperation

ADB, partners signal commitment to climate change action at COP29 event for IF-CAP

ADB, partners signal commitment to climate change action at COP29 event for IF-CAP

NEA stands firm amid industrialists’ reluctance to settle overdue payments

NEA stands firm amid industrialists’ reluctance to settle overdue payments

CAAN requests flight schedules from NAC, Himalayan Airlines for Pokhara int’l airport operations

CAAN requests flight schedules from NAC, Himalayan Airlines for Pokhara int’l airport operations

NRB to release first monetary policy review amid signs of rising non-performing loans

NRB to release first monetary policy review amid signs of rising non-performing loans

Nepal drafts new IPO guidelines for small and medium enterprises

Nepal drafts new IPO guidelines for small and medium enterprises

Five airlines now operating in Bhairahawa: Qatar Airways joins international roster

Five airlines now operating in Bhairahawa: Qatar Airways joins international roster

IMF delays review of Nepal’s extended credit facility, withholding crucial funding over policy concerns

IMF delays review of Nepal’s extended credit facility, withholding crucial funding over policy concerns

Government opens path for license renewal as 25-year limit approaches for major telecom service providers

Government opens path for license renewal as 25-year limit approaches for major telecom service providers

Billionaire Binod Chaudhary criticized for neglecting environmental impact of Dumkauli plant

Billionaire Binod Chaudhary criticized for neglecting environmental impact of Dumkauli plant

Why has Russia fined Google an amount larger than the entire World’s GDP?

Why has Russia fined Google an amount larger than the entire World’s GDP?

Tribhuvan International Airport to undergo renovation from today, temporary flight disruptions expected

Tribhuvan International Airport to undergo renovation from today, temporary flight disruptions expected

National grid electricity reaches Tilicho Lake base camp

National grid electricity reaches Tilicho Lake base camp

Nepal government secures lowest interest rate on domestic debt amid banking system liquidity surge

Nepal government secures lowest interest rate on domestic debt amid banking system liquidity surge

Govt minister’s company blacklisted for incomplete projects: Kanchharam Construction faces ban amid controversy

Govt minister’s company blacklisted for incomplete projects: Kanchharam Construction faces ban amid controversy

Trump’s victory adds record $64bn to wealth of richest top 10

Trump’s victory adds record $64bn to wealth of richest top 10

NEA pushes for timely completion of Dharapani-Khudi 220 kV substations amid local challenges

NEA pushes for timely completion of Dharapani-Khudi 220 kV substations amid local challenges

‘Government silence’ allows airlines to overcharge travellers, labor migrants burdened with debt

‘Government silence’ allows airlines to overcharge travellers, labor migrants burdened with debt

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