Kathmandu, Feb 12: Nepalese commercial banks have announced their interest rates for the Nepali month of Falgun, to be effective from Falgun 1 (February 13), with most banks maintaining the same rates as in the previous month.
Global IME Bank has increased its maximum interest rates by 0.25 percentage points on both individual and institutional fixed deposit (FD) rates.
Meanwhile, Citizens Bank has reduced its institutional FD rates by 0.40%, and Laxmi Sunrise Bank has lowered its individual FD rates by 0.25%. All other commercial banks have kept their FD rates unchanged.
