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
Nepal's emphasis on strengthening the United Nations development system
Kathmandu. Nepal has emphasized on the need to strengthen the United Nations development system. Nepal is of the opinion that it is necessary to do so to ensure multilateralism. Lok Bahadur Thapa, Permanent Representative of Nepal to the United Na...
Money Laundering Act has been amended to prevent complaints from becoming a weapon: Finance Minister Wagle
Kathmandu. The government has amended the controversial provision made through an ordinance in the Prevention of Asset Laundering and Money Laundering Act and returned it to the old legal system. Finance Minister Dr. Swarnim Wagle has said that so...
Foreign Currency Exchange Rate: Selling rate of US Dollar is 152 rupees 31 paise
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for today. According to the rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 71 paisa and the selling rate of 15...
National Life's 'Branch Managers' Conference' held grandly, best branch and chief honored
Kathmandu. National Life Insurance Company Limited honored the branch managers who performed best in the financial year 2082/083 and grandly completed the 'Branch Managers Conference' with discussions and training on business strategies, business...
Are you exchanging foreign currency? View today's exchange rate (with list)
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 144 rupees 63 paisa and the selling rate is 145 rupees 23 paisa. The buying rate...
What is the exchange rate of which foreign currency on Wednesday?
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...