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Nepal Rastra Bank intervenes after banks raise interest rates on savings

KATHMANDU: Nepal Rastra Bank (NRB) has directed the banks and financial institutions to return the interest rate imposed on savings from 18 October 2021. NRB has intervened in the interest rates of banks by issuing a three-point directive on Tuesday night. Most of the banks had increased interest rates on...

Nepal Rastra Bank intervenes after banks raise interest rates on savings
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