Kathmandu. Kamana Sewa Bikas Bank has reduced the interest rate on fixed deposits for the month of November.
Issuing a notice today, the bank has reduced the interest rate on fixed deposits to 5.76 percent for the month of November. Earlier, the bank had given a maximum interest rate of 6 percent on individual fixed deposits.
Similarly, the bank has reduced the maximum interest rate on institutional fixed deposits. The bank has reduced the interest rate on institutional fixed deposits to 4.90 percent in October.
