Money

Banking sector braces for interest rate war

On Sunday, NMB Bank launched an attractive two-year fixed deposit scheme offering an annual interest of 12 percent. This basically means depositors who park, say Rs100 at NMB, will be guaranteed a return of Rs12 per year for a two-year period. Banking sector braces for interest rate war
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Rupak D. Sharma
Published at : February 13, 2017
Updated at : February 13, 2017 15:48
Kathmandu


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