Prabhu Leads Deposit Rates as Average Bank Interest Rates Decline in Ashwin
Summary
Nepal’s commercial banks have lowered deposit rates for Ashwin 2083 as excess liquidity and weak credit demand continue to दबाव interest rates. Prabhu Bank still offers the highest individual fixed deposit rate at 4.55%, while Everest Bank posted the steepest cut among lenders.
Key Points
- The average maximum interest rate on individual fixed deposits fell to 4.0895% in Ashwin from 4.136% in Bhadra.
- Everest Bank made the largest reduction, cutting its individual deposit rate by 0.55 percentage points to 3.50%.
- Prabhu Bank continues to offer the highest individual deposit interest rate at 4.55%.
- Most commercial banks kept their individual fixed deposit rates unchanged, reflecting comfortable liquidity and subdued credit demand.
