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
During the quarter of the current year, 25 local levels are still without budget
Kathmandu. Although four months of the current financial year have been completed, 24 local levels of Madhesh Province have not been able to present their budgets. So far, a total of 728 local levels have presented bud...
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...
The price of gold increased on Tuesday, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 1 thousand 600 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 300 rupees per t...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 147 rupees 96 paisa and the selling rate at 148 rupees 56 paise. Similarly,...
This is the exchange rate of foreign currency on Sunday
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 153 rupees 81 paisa and the selling rate is 154 rupees 41 paisa. The buying...
Juice production after kiwis are not sold
Baglung. The women of Tarakhola rural municipality have started producing kiwi juice. Five years ago, women planted kiwis all over the fields in the village hoping to sell them at a high price, but now they are unable to find a market, so they hav...