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
As the US dollar appreciates so does the exchange rate of other foreign currencies
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has increased. For today, the buying rate of one US dollar is 149 rupees 11 paisa and the...
Foreign currency exchange rates for today published
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 150 rupees 74 paisa and the selling rate has been fixed at 151 rupees 34 pai...
Yeti Brewery to issue IPO through book building method
Kathmandu. Yeti Brewery Limited has called a special general meeting at the registered office in Naxal at 11 am on Saturday 2nd June with the proposal to issue IPO through book building method.
The meeting will pass a resolution to conduct t...
What is the exchange rate of which foreign currency on Tuesday?
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 148 rupees 71 paisa and the selling rate is 149 rupees 31 paisa. The buying rate...
Former Finance Minister Pandey passed away
Kathmandu. The leader of civil movement and former finance minister Dr. Devendra Raj Pandey passed away. 87-year-old Pandey died on Friday night at his residence in Vishalnagar, Kathmandu.
Late Pandey will be cremated at Pashupati Aryaghat t...
What is the exchange rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Thursday. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 83 paisa and the selling rate is 145 rupees 43 paisa. Similarly, the...