Kathmandu. Commercial banks have announced new interest rates for the month of June. Some banks have kept the maximum interest rate on personal fixed deposits stable while some banks have reduced them.
According to the information received from 17 commercial banks so far, 7 banks have reduced their interest rates while 10 have kept them stable.
They are Laxmi Sunrise, Everest Bank, Himalayan Bank, NIC Asia, NMB Bank, Prime Commercial and Standard Chartered.
Similarly, Laxmi Sunrise Bank has reduced the interest rate to 4 percent, Everest Bank 3.50 percent, Himalayan Bank 4 percent, NIC Asia Bank 4 percent, NMB 4.75 percent, Prime Commercial 4 percent and Standard Chartered 3.95 percent.
They are Agricultural Development Bank, Global IME Bank, Machhapuchchhre Bank, Nepal Bank, Rastriya Banijya Bank, Sanima Bank, Siddhartha Bank, Prabhu Bank, Citizen Bank and Nepal Investment Mega Bank.
