Nepal Bank Limited (NBL) has announced revised interest rates effective from Chaitra 1st, 2080 (March 14th, 2024). The average base rate (BR) for the last three months ending in Magh 2080 is 8.57%, with a spread rate of 3.90% as of the same period. NBL emphasizes compliance with the recent amendment of the Nepal Rastra Bank (NRB) directive no. 15/079, point no. 3(7) dated 2080/06/18 while determining interest rates on loans and advances. This move underscores NBL's commitment to transparency and regulatory compliance, aiming to provide competitive financial solutions and promote financial stability.
Published by Nepal Bank Limited on 2080-11-30
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