Bank interest became cheaper in July, 6 banks cut, which one has how much?
-
Media Baaji
- Thu, 16 July 2026
Kathmandu. All 20 commercial banks have announced the new deposit interest rates applicable for the month of July. Looking at the public rates, it is seen that the average interest rate of deposits has further decreased in July compared to June.
The maximum average interest rate offered by banks on personal fixed deposits has been limited to 4.17 percent for July, while it was 4.26 percent in June. The average interest rate for institutional term deposits also decreased from 3.18 percent to 3.12 percent.
The largest reduction in interest rates during this period was made by the National Commercial Bank. The bank has reduced the maximum interest rate for individual deposits by 0.75 percentage points, while it has reduced it by 1 percentage point for institutional deposits. Similarly, Global IME Bank has reduced the interest rate on personal deposits by 0.5 percentage points to 4 percent.
Related News
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the fixed exchange rate, the buying rate of one US dollar is 150 rupees 97 paisa and the selling rate is 151 rupees 57 paisa. Similarly, the...
The NEPSE index fell by a few points
Kathmandu. The NEPSE index, which measures stock trading in the stock market, has fallen by a few points today. According to the Nepal Stock Exchange, the NEPSE index fell by two points and reached 2,649.51.
The snsitive index, which measure...
Re-operation after five months at Satighat of Arun river
Bhojpur. The Arun river ferry service at Satighat, which connects Bhojpur and Sankhuwasabha from the north, has resumed operation after six months. The ferry, which has been closed since last May due to rain, has been brought back into operation f...
Minister Ghising said on the monitoring of Mahakali irrigation, talks are being held with India about releasing water
Kathmandu. Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development Minister Kulman Ghising has inspected the Tanakpur Barrage at Brahmadev in Kanchanpur. While inspecting the...
Import of 6.5 billion liters of fuel from the petroleum pipeline, saving three billion in transportation annually
Kathmandu. Nepal-India International Petroleum Pipeline Project has completed six years of operation. Nepal Oil Corporation's Madhes regional office Amlekhganj said that since the pipeline from Motihari in India to Aml...
The US dollar rose as the Australian dollar, euro and pound continued to fall in value
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Foreign currencies including the US dollar, Kuwaiti and Bahraini dinars rose today. However, the exchange rate of some foreign currencies, including the...