OnlineKhabar says Sanima has reduced it’s interest rates: https://www.onlinekhabar.com/2021/10/1026768. I did check the interest rates and it seems true. So others might also follow.

But again few days back, my republica mentioned lack of funds. https://myrepublica.nagariknetwork.com/news/commercial-banks-under-pressure-of-fund-shortage-likely-to-raise-interest-rate-further-after-dashain/

What is happening over here?

More at: r/NepalStock by roshamns

4 comments
  1. It’s highly unlikely that banks will raise interest rates after Ashwin masant, they are already under pressure to decrease rates. But if they do increase interest rates expect further fall in markets.

  2. It seems that some Finance & Development bank increased their interest rate. But commercial bank will likely keep same as before or decrease interest rate. There’ll be mixed reaction on this.

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