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.
Express
Related News
Fourth extension of Pokhara-Muglin road project
Kaski. Pokhara-Muglin road upgrading project has been extended for the fourth time. After the deadline extended for the third time has passed, the project has been given the final deadline till the 10th of November.
According to Krishna Baha...
An increase of 16.67 points in NEPSE, the turnover is limited to 2.79 billion
Kathmandu. On Sunday, the last trading day before Tihar, the stock market NEPSE index rose by 16.67 points to 2503.85. 6.199 thousand shares of 323 companies were bought and sold in NEPSE on this day, with a turnover o...
NEPSE decreased by 10 points, turnover exceeded 5 billion!
Kathmandu. On Sunday, the first day of the week, the NEPSE index fell by 10.29 points to 2,610.63. About 1.3 million shares of 323 companies were traded, with a total turnover of 5.01 billion rupees. Out of the 13 sub-groups, hotels, manufacturing...
Rashtra Bank's request to provide banking services even during Tihar holidays
Kathmandu. Nepal Rastra Bank has requested banks and financial institutions to conduct banking services for customs clearance on days other than Bhaitika. The central bank has written to the banks and financial institu...
Monthly stipend for the injured of Gen-G movement: Govt started four tier classification
Kathmandu. The government has accelerated the classification of those who were injured during the demonstration by Yuva Pusta Genji on August 23 and 24. The Ministry of Home Affairs has implemented the procedure approved by the Council of Minister...
Are you exchanging foreign currency? Find out today's foreign currency exchange rates
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 75 paisa and the selling rate is 142...