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Commercial banks drop interest rates for Kartik; average fixed deposit returns down to 5.10pc

KATHMANDU: Commercial banks in Nepal have further reduced their interest rates for the month of Kartik (mid-October to mid-November), signaling continued excess liquidity in the banking sector and sluggish credit demand. According to the published rate sheets of 20 commercial banks, the average maximum interest rate on individual fixed...

Commercial banks drop interest rates for Kartik; average fixed deposit returns down to 5.10pc
Nepal Stock Market plunges to one-year low, NEPSE falls below 2,500 points

Nepal Stock Market plunges to one-year low, NEPSE falls below 2,500 points

NEA assures uninterrupted power supply during Tihar, urges consumers to use electricity freely

NEA assures uninterrupted power supply during Tihar, urges consumers to use electricity freely

Minister Ghising urges competitive power purchase rates for hydropower projects

Minister Ghising urges competitive power purchase rates for hydropower projects

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Government begins terminating six dysfunctional contracts under Babai Irrigation Project

Property Deals Above NPR 30 Million in Metropolises Must Now Be Conducted Through Registered Companies

Property Deals Above NPR 30 Million in Metropolises Must Now Be Conducted Through Registered Companies

IMF revise Nepal’s growth forecast to 5.2 pc, Citing domestic weakness and global slowdown

IMF revise Nepal’s growth forecast to 5.2 pc, Citing domestic weakness and global slowdown

Inflation drops to 1.87pc, exports surge 88pc, remittance inflows up 33pc — NRB reports

Inflation drops to 1.87pc, exports surge 88pc, remittance inflows up 33pc — NRB reports

India publishes new rule allowing Nepalis to obtain loans from Indian banks for cross-border trade

India publishes new rule allowing Nepalis to obtain loans from Indian banks for cross-border trade

FNCCI urges resumption of export cash incentives, warns of economic impact

FNCCI urges resumption of export cash incentives, warns of economic impact

Gold price hits record high at Rs 248,500 per tola after single-day surge of Rs 8,100

Gold price hits record high at Rs 248,500 per tola after single-day surge of Rs 8,100

Nepal Reinsurance begins payout of Rs 1.5 billion to insurance companies for GenZ movement damages

Nepal Reinsurance begins payout of Rs 1.5 billion to insurance companies for GenZ movement damages

Nepal’s EV charging infrastructure expands to 1,250 stations nationwide

Nepal’s EV charging infrastructure expands to 1,250 stations nationwide

NRB rolls out national payment ecosystem: One network for all digital transactions

NRB rolls out national payment ecosystem: One network for all digital transactions

Upper Bhotekoshi Hydro restarts power generation after agreement with locals on 10pc equity transfer

Upper Bhotekoshi Hydro restarts power generation after agreement with locals on 10pc equity transfer

Tribhuvan University’s land misuse jeopardizes education infrastructure, report warns

Tribhuvan University’s land misuse jeopardizes education infrastructure, report warns

Former Speaker Krishna Bahadur Mahara arrested in multi-million gold smuggling scandal at TIA

Former Speaker Krishna Bahadur Mahara arrested in multi-million gold smuggling scandal at TIA

GenZ movement causes Rs 280 billion damage to public and private sectors across Nepal

GenZ movement causes Rs 280 billion damage to public and private sectors across Nepal

NRB tightens ATM withdrawal rules: monthly limit reduced to Rs 100,000 to promote digital transactions

NRB tightens ATM withdrawal rules: monthly limit reduced to Rs 100,000 to promote digital transactions

BP Highway reopens after week-long closure due to floods and landslides

BP Highway reopens after week-long closure due to floods and landslides

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