असारमा वाणिज्य बैंकको मुद्दति ब्याजदर थप घट्यो, ७ बैंकले दर घटाएCommercial Banks Cut Fixed Deposit Interest Rates Further in Ashadh, Seven Banks Reduce Rates

Kathmandu, June 14 — Interest rates on personal fixed deposits at commercial banks have fallen further in the month of Ashadh. According to rates published by the banks, of the 17 commercial banks whose information has been received so far, seven have reduced their interest rates while ten have kept them unchanged from Jestha.

These Banks Cut Their Rates

The banks that have reduced rates for Ashadh are Laxmi Sunrise, Everest, Himalayan, NIC Asia, NMB, Prime Commercial, and Standard Chartered.

Laxmi Sunrise, which was offering 4.50 percent in Jestha, has reduced its rate to 4 percent for Ashadh. Everest has fixed its rate at 3.50 percent. Himalayan has brought its rate down from 4.05 percent to 4 percent. NIC Asia has cut its rate from 4.50 to 4 percent, NMB from 4.80 to 4.75 percent, and Prime Commercial from 4.15 to 4 percent. Standard Chartered has made the sharpest cut of all, slashing its rate significantly from 5 percent all the way down to 3.95 percent.

These Banks Kept Rates Unchanged

Banks that have maintained the same rates as Jestha into Ashadh include Krishi Bikash, Global IME, Machhapuchchhre, Nepal Bank, Rastriya Banijya Bank, Sanima, Siddhartha, Prabhu, Citizens, and Nepal Investment Mega Bank.

Among these, Krishi Bikash will offer 4.15 percent, Global IME 4.50 percent, Machhapuchchhre 4.50 percent, Nepal Bank 4.25 percent, Rastriya Banijya Bank 4.75 percent, Sanima 4.50 percent, Siddhartha 4.05 percent, Prabhu 4.55 percent, Citizens 4.10 percent, and Nepal Investment Mega Bank 4.50 percent.