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Commercial banks further slash interest rates in Bhadra; Institutional rates drop to 2.75 percent

KATHMANDU: The interest rates offered by Nepal’s commercial banks have dropped further in the Nepali month of Bhadra — a move signaling continued monetary tightening and surplus liquidity in the banking system. Effective from Bhadra 1, most commercial banks have revised their fixed deposit (FD) rates downward. According to the...

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