In the month of October, the interest rate of commercial banks decreased, which one gives how much?
-
Media Baaji
- Fri, 17 October 2025
Kathmandu. According to the interest rate published by the commercial banks for the month of October, it has been seen that the maximum average interest rate of deposits has decreased. In the month of October, the maximum average interest rate for individuals was 5.46 percent, while in the month of October, the maximum average interest rate for individuals decreased by 0.26 percent to 5.20 percent.
Similarly, in the month of October, the maximum average interest rate for institutions was 3.87 percent, while in the month of October, it decreased by 0.22 percent to 3.65 percent.
Out of the 20 commercial banks that are currently operating, 14 banks have reduced their deposit interest rates while 6 banks have kept them stable. On the other hand, 10 banks have reduced the interest rate while 9 banks have kept it constant.
For October, Machhapuchhre Bank and NMB Bank have reduced the interest rate the most i.e. by 1 percent, Nabil Bank by 0.55 percent, Prime Commercial Bank by 0.50 percent, Prabhu Bank by 0.40 percent and Citizen, Everest, Laxmi Sunrise and NIC Asia Bank by 0.25 percent each, Nepal SBI Bank and Standard Chartered Bank by 0.18 percent and Krishi and Sanima Bank has reduced the interest rate of personal deposits by 0.10 percent.
Global IME Bank, Himalayan Bank, Kumari Bank, Nepal Bank, Rashtriya Commercial Bank and Siddharth Bank have kept the interest rates unchanged in October as well.
Express
Related News
Increase in the price of petroleum products
Kathmandu. The price of petroleum products has decreased. With the Indian Oil Corporation sending new prices on Sunday, when the Nepal Oil Corporation adjusted the prices, the prices of diesel and kerosene have decreas...
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. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 28 paisa and the selling rate is 144 rupees 88 paisa. Similarly,...
The supply of cooking gas in Kathmandu Valley is becoming easy, the Corporation's request to avoid unnecessary storage
Kathmandu. Nepal Oil Corporation has made it clear that the supply of LP gas for cooking is gradually becoming easier in the market and has requested the consumers not to accumulate gas cylinders unnecessarily. The Corporation has informed that th...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Tuesday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 24 paisa and the selling rate is 151 rupees 88 paisa.
...
Common points rose in the stock market, Nepse at 2641.85 points
Kathmandu. The stock market has increased by normal points. On Tuesday, the NEPSE index increased by 0.79 points and closed at 2641.85 points. According to the Nepal Stock Exchange, shares worth 4 billion 11 million rupees were traded on this day....
Corporation's request to avoid unnecessary storage of gas
Kathmandu. Nepal Oil Corporation has requested everyone to purchase LP gas only as needed and not to store it unnecessarily. The corporation has requested the gas industry and sellers of LP gas to arrange the sale and distribution of LP gas by giv...