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
All preparations for financial calculations are complete
Kathmandu. The preparations for the second economic calculation have reached the final stage. The National Statistics Office said that enumerators and necessary inspectors have been circulated throughout the country and have reached the relevant a...
Nepal Telecom Billing Corruption Case: Everyone including Managing Director Paudel was acquitted
Kathmandu. The special court has acquitted all the defendants in the corruption case filed alleging irregularities in the billing system contract process of Nepal Telecom. The bench of judges of the special court held a hearing and acquitted all t...
Suryakund Hydro's IPO sale is open for general public from today
Kathmandu. Suryakunda Hydro Electric has opened the IPO sale for the general public from 18th January today. In the second phase, the company is going to issue a total of 572 thousand 431 shares of Rs 100 for general investors.
In this...
What is the foreign currency exchange rate today?
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 152 rupees 70 paisa and the selling rate is 153 rupees 30 paisa.
The b...
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...
Opening of Nagadhunga tunnel tomorrow, only emergency vehicles will be allowed to ply
Kathmandu. Nepal's first modern transport tunnel 'Nagadhunga-Sisnekhola Tunnel' will be formally inaugurated from Monday.
The total cost of this project, which was completed with the concessional loan of Japan International Cooperation Agenc...