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Commercial Bank Fixed Deposit Interest Rates Remain Unchanged

 

The Nepal Bankers Association (NBA) has decided to lower the interest rate on savings while keeping the interest rate on fixed deposits unchanged.

The meeting was attended by the CEOs and representatives of all commercial banks to review the interest rate beginning on Chaitra 1. Savings interest rates currently range from 6.42 percent to 8.4 percent. It has been decided to keep the rates between 6% and 8%.

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