New interest rate of commercial banks for August announced, how much of which bank?
-
Media Baaji
- Mon, 17 August 2026
Kathmandu. The rate of interest of commercial banks has continued to decrease. This is shown by the details of the new interest rates released by the commercial banks for the month of August. Compared to July, the average interest rate for both individuals and institutions has decreased in August. For the month of August, 5 of the 20 commercial banks have reduced the interest rates of the previous month, while the remaining 15 have continued the old rates.
Siddharth Bank and Nepal Bank have reduced the interest rate the most. Siddharth Bank has reduced the interest rate by 0.29 percent for individuals and 0.20 percent for institutions. Similarly, Nepal Bank has reduced the interest rate by 0.1 percent for individuals and 0.5 percent for institutions.
Similarly, while Citizens Bank International has reduced the interest rate by 0.1 percent, Kumari Bank has reduced it by 0.09 percent and Standard Chartered Bank has reduced it by 0.05 percent. All these three banks have kept the institutional interest rate constant at the same rate as in July.
Express
Related News
Dissatisfaction of Reliance Spinning Mills over first transaction price in NEPSE
Kathmandu. Reliance Spinning Mills Limited has expressed displeasure with the opening range of the company's shares set by the Nepal Stock Exchange NEPSE. Issuing a statement, he expressed his displeasure that the opening range of Company Play sha...
What is the exchange rate of which foreign currency on Sunday?
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 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
ADB forecasts that economic growth will be limited to 2.7 percent
Kathmandu. The Asian Development Bank ADB has released a forecast that Nepal's economic growth rate will be limited to 2.7 percent in 2026. According to the 'Asian Development Outlook April 2026' published by ADB, this rate was 4.6 percent in the...
People's Hydropower will sell 5 lakh shares of Upper Hewakhola
Kathmandu. People's Hydropower Company Limited has announced plans to sell five lakh shares of Upper Hewakhola Hydropower Company Limited through the stock market. In the notice issued by the company, it is mentioned that the shares will be traded...
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. The price of gold has fallen in the Nepali market today. The gold tola has fallen by three thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 97 thousand 500 per tola t...
Super Madi Hydropower will issue 15 percent bonus shares, AGM on October 1
Kathmandu. Super Madi Hydropower Limited has announced to distribute 15 percent bonus shares to the shareholders from the profit of the last financial year. The meeting of the board of directors held on August 8 of the company has decided to distr...