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
Hotel Park Land has applied to the Securities and Exchange Board for an IPO issue
Kathmandu. Hotel Park Land Limited has applied to the Securities Board for permission to issue IPO. The company has sought permission from the board to issue a total of 1.5 million shares at a marked rate of Rs 100 per share.
Citizens...
The value of the US dollar at a high point
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 74 paisa and the selling rate is 144 rupees 34 paisa. Similarly...
Federation President Dhakal's request to take action against those who vandalized and looted during the Genji movement
Kathmandu. Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, has said that the Federation is working hard to solve the problems of entrepreneurs, businessmen and the economy. Add...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 146 rupees 46 paisa and the selling rate is 147 rupees 06 paisa. Similarly, the...
On the first day of the week, the stock market increased by 4.45 points, trading at 14.32 billion
Kathmandu. On Sunday, the first day of the week, the stock market has risen normally. The NEPSE index increased by 4.45 points and closed at 2824 points. Although there were general fluctuations in the market throughout the day, the transaction am...
Sharp Decline in Gold Prices: Down by 3,800 in a Single Day, Silver Also Becomes Cheaper
Kathmandu — The prices of both gold and silver fell sharply in the Nepali market today. According to the Nepal Gold and Silver Dealers’ Federation, the price of gold dropped by Rs 3,800 per tola today. With this decline, the price of hallmark gold...