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
Bhujung Hydropower will issue an IPO to the general public from January 12
Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employmen...
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 determined exchange rate, the buying rate of one American dollar is 145 rupees 16 paisa and the selling rate is 145 rupees 76 paisa. The...
Gold has fallen from its highest price, while silver has hit a new record
Kathmandu. The price of gold has decreased from its highest value so far. Gold today fell by Rs 600 per tola. According to the Nepal Gold and Silver Traders Federation, today the price of gold is being bought and sold at 270,000 rupees per tola. O...
More than 5.44 billion turnover in NEPSE, green in most sub-indices
Kathmandu. NEPSE has seen a double digit growth today. On Thursday, NEPSE increased by 11.77 points and stopped at 2629.81 points. Today, 1 crore 72 lakh 70 thousand 449 shares of 356 companies were traded at 5 billion 44 crore 73 lakh 13 thousand...
Applications for the post of Chairman of the Securities Board are open
Kathmandu. Applications have been opened for filling the post of Chairman of Nepal Securities Board Sebon. The Ministry of Finance has issued a notification calling upon eligible Nepali citizens to submit personal details and biodata within seven...
Opening of Nagadhunga tunnel tomorrow, only emergency vehicles will be allowed to ply
Kathmandu. Nepal's first modern transport tunnel 'Nagadhunga-Sisnekhola Tunnel' will be formally inaugurated from Monday.
The total cost of this project, which was completed with the concessional loan of Japan International Cooperation Agenc...