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NRB scraps deposit rate spread to ease banking cost pressure

KATHMANDU – Nepal Rastra Bank (NRB) has abolished the mandatory interest rate spread between institutional and individual fixed deposits, triggering a fresh wave of rate cuts as commercial banks scramble to manage soaring costs amid stagnant credit demand. The central bank’s decision to remove the requirement—which previously mandated that...

NRB scraps deposit rate spread to ease banking cost pressure
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