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
The prices of the US dollar and the euro have increased; what about the others?
Kathmandu. Today, the prices of the US dollar and the euro have increased. According to the Nepal Rastra Bank, the buying rate of one US dollar today is 151.85 and the selling rate is 152.45. On Monday, the buying rate was 151 rupees 56 paisa and...
The price of gold increased, how much per tola on Sunday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 297,000 rupees per tola today.
On the other hand, the...
Preparation to amend the Nepal Rastra Bank Act
Kathmandu. Nepal Rastra Bank Act 2058 is going to be amended. In order to amend and update the Nepal National Bank Act in a timely manner, the government has drafted the 'Bill to Amend the Nepal National Bank Act, 2058'.
The Ministry o...
Due to lack of cooking gas in the market, the corporation started sales and distribution from the central office
Kathmandu. After increasing complaints about lack of cooking gas LPG in the market, Nepal Oil Corporation has started sales and distribution of gas for general public from its central office in Teku. After receiving continuous complaints from the...
Gold has fallen from its highest price, while silver has hit a new record
Kathmandu. The price of gold has decreased from its highest value so far. Gold today fell by Rs 600 per tola. According to the Nepal Gold and Silver Traders Federation, today the price of gold is being bought and sold at 270,000 rupees per tola. O...
Bagmati public transport fare hiked: Minimum fare Rs 24
Kathmandu. The Bagmati state government has adjusted the fares of public vehicles running on petrol and diesel. The new rate has been determined through the decision of the Minister of Labour, Employment and Transport on Friday. The new fare has b...