Banks Maintain Interest Rates in Jestha, Some Reduce, Few Increase
Kathmandu. Most banks have kept interest rates stable for the month of Jestha. According to the interest rate tables published by the banks, 6 banks have reduced interest rates this month, 2 banks have increased slightly, and the interest rates of 12 banks have remained stable.
According to the published table, NMB Bank, NIC Asia Bank, Himalayan Bank, Nepal Bank, Standard Chartered Bank, and Kumari Bank have slightly reduced interest rates.
NMB Bank has reduced the interest rate on the personal side by 0.2 percentage points. The interest rate on the institutional side has remained stable. NIC Asia Bank has reduced the interest rate by 0.25 percentage points on both personal and institutional sides.
Himalayan Bank's personal interest rate has decreased by 0.25 percentage points, while the institutional rate has remained stable. Nepal Bank's personal interest rate has decreased by 0.25 percentage points, while the institutional interest rate has been kept stable.
Standard Chartered Bank's personal interest rate has decreased by 0.1 percent and the institutional interest rate by 0.27 percentage points. Kumari Bank's personal interest rate has decreased by 0.09 and institutional interest rate by 0.49 percentage points.
Siddhartha Bank and Citizens Bank's interest rates have increased slightly. Siddhartha Bank has increased the personal interest rate by 0.05 percentage points, while the institutional rate has remained stable. Citizens Bank has increased the institutional interest rate by 0.5 percentage points, while the personal interest rate has decreased by 0.05 percentage points.
The personal and institutional interest rates of the remaining banks are the same for the months of Baishakh and Jestha. Banks that have not changed their interest rates include Rastriya Banijya Bank, Nabil Bank, Prabhu Bank, Nepal Investment Mega Bank, Sanima Bank, Laxmi Sunrise Bank, Global IME Bank, Machhapuchchhre Bank, Nepal SBI Bank, Krishi Bikas Bank, Prime Commercial Bank, and Everest Bank.
This is the maximum interest rate set by commercial banks for the month of Jestha

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