Most commercial banks have lowered deposit interest rates for the period between February 13 and March 14, reflecting excess liquidity in the banking system. The average maximum rate on personal fixed deposits dropped from 4.68 percent to 4.56 percent. Global IME Bank made the sharpest cut, reducing its rate from 5.5 percent to 4.75 percent. Nepal Bank now offers the highest rate at 5.1 percent, while Standard Chartered and Everest Bank remain at the lower end with 4.25 percent. Institutional fixed deposit rates are capped at 4 percent.
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