Deposit rates continue to rise Kathmandu, June 19 On Sunday, NMB Bank circulated an e-mail titled ‘Fixed Deposit Offers’, proposing annual interest of six per cent on 75-day fixed deposit. The move made by the bank, which was offering an interest of four per cent on same... 20 Jun, 2016
Rs 112 bn loanable funds sitting idle Kathmandu, December 30 Over Rs 100 billion, which could be immediately extended as loans, is sitting idle in the coffers of commercial banks, as credit demand in the country has failed to pick up due to the unfavourable economic condition. Cash... 31 Dec, 2015