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Commercial banks’ average base rate drops to 5.94 percent, Cheaper loans as liquidity surges in banking system

KATHMANDU: Nepal’s commercial banks’ average base rate has declined to 5.94 percent, signaling a period of cheaper borrowing as interest rates continue to fall across the banking system. The drop comes as deposit rates fall and loan demand remains sluggish, leading to excess liquidity and forcing banks to lower...

Commercial banks’ average base rate drops to 5.94 percent, Cheaper loans as liquidity surges in banking system
Nepal Exports 1,000 MW of electricity daily, generating Rs 15 billion in revenue

Nepal Exports 1,000 MW of electricity daily, generating Rs 15 billion in revenue

Election Commission approves schedule for March 5 general elections

Election Commission approves schedule for March 5 general elections

Floods disrupt 32 hydro projects, Ilam alone sees damage in 16 plants

Floods disrupt 32 hydro projects, Ilam alone sees damage in 16 plants

Government Active in Boosting Private Sector Confidence: Finance Minister Khanal

Government Active in Boosting Private Sector Confidence: Finance Minister Khanal

Oli faces backlash over previous remarks as PM Karki cabinet earns praise for effective disaster response

Oli faces backlash over previous remarks as PM Karki cabinet earns praise for effective disaster response

Govt mobilizes all mechanisms to restore blocked roads nationwide

Govt mobilizes all mechanisms to restore blocked roads nationwide

Minister Ghising Says Government’s Vigilance Helped Minimize Human Casualties from Floods and Landslides

Minister Ghising Says Government’s Vigilance Helped Minimize Human Casualties from Floods and Landslides

Roshi River Washes Away 4.5 km Section of BP Highway Diversion

Roshi River Washes Away 4.5 km Section of BP Highway Diversion

Concerns Rise Over Visa Restrictions for Nepali Workers After ‘Gen Z’ Protests; UAE Reportedly Tightens Rules

Concerns Rise Over Visa Restrictions for Nepali Workers After ‘Gen Z’ Protests; UAE Reportedly Tightens Rules

Continuous Rainfall Damages Over Two Dozen Roads in Eastern Nepal, Some to Reopen Only After Three Days

Continuous Rainfall Damages Over Two Dozen Roads in Eastern Nepal, Some to Reopen Only After Three Days

Gold Price Hits Record High at Rs 230,600 Per Tola in Nepal

Gold Price Hits Record High at Rs 230,600 Per Tola in Nepal

Kathmandu Valley Sealed: Govt imposes 3 day ban on vehicle entry and exit amid heavy rainfall risks

Kathmandu Valley Sealed: Govt imposes 3 day ban on vehicle entry and exit amid heavy rainfall risks

Government offers tax and customs relief to businesses affected by Gen-Z protests

Government offers tax and customs relief to businesses affected by Gen-Z protests

234 Non-Performing Road Contracts to Be Terminated; Staff Under Investigation for Delayed Action

234 Non-Performing Road Contracts to Be Terminated; Staff Under Investigation for Delayed Action

Dedicated and Trunk line issue resurfaces; NEA sets ultimatum for dues payment

Dedicated and Trunk line issue resurfaces; NEA sets ultimatum for dues payment

F1 Soft and Asgar Ali secure approval to sell Fonepay shares, Rajendra Khetan to acquire majority stake

F1 Soft and Asgar Ali secure approval to sell Fonepay shares, Rajendra Khetan to acquire majority stake

Central bank issues new circular to regulate credit, investment, and risk management practices

Central bank issues new circular to regulate credit, investment, and risk management practices

MoF engages development partners on Nepal’s economic priorities

MoF engages development partners on Nepal’s economic priorities

Taskforce urges removal of Rs 250 million cap on share-backed loans to revive investor confidence

Taskforce urges removal of Rs 250 million cap on share-backed loans to revive investor confidence

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