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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A recent study conducted by the CNI showed that 70 percent of industrialists had postponed their investment plans due to the high interest rates. The CNI expressed its belief that the investors will carry on with the investment plans as the interest rates have been reduced and the economy will once again become vibrant.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It will eventually increase investment in business and industries and boost the morale of the private sector.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A recent study conducted by the CNI showed that 70 percent of industrialists had postponed their investment plans due to the high interest rates. The CNI expressed its belief that the investors will carry on with the investment plans as the interest rates have been reduced and the economy will once again become vibrant.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It will eventually increase investment in business and industries and boost the morale of the private sector.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy. </span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It will eventually increase investment in business and industries and boost the morale of the private sector.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy. </span></span></p>
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January 13: The Confederation of Nepalese Industries (CNI) has welcomed the decision of Nepal Bankers’ Association to reduce the interest rates.
Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.
The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.
The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale.
“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added.
The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.
It will eventually increase investment in business and industries and boost the morale of the private sector.
A recent study conducted by the CNI showed that 70 percent of industrialists had postponed their investment plans due to the high interest rates. The CNI expressed its belief that the investors will carry on with the investment plans as the interest rates have been reduced and the economy will once again become vibrant.
The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy.
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It will eventually increase investment in business and industries and boost the morale of the private sector.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A recent study conducted by the CNI showed that 70 percent of industrialists had postponed their investment plans due to the high interest rates. The CNI expressed its belief that the investors will carry on with the investment plans as the interest rates have been reduced and the economy will once again become vibrant.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy. </span></span></p>
<p> </p>
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'title' => 'CNI Welcomes Decision of Commercial Banks to Reduce Interest Rates ',
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'summary' => 'January 13: The Confederation of Nepalese Industries (CNI) has welcomed the decision of Nepal Bankers’ Association to reduce the interest rates. ',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 13: The Confederation of Nepalese Industries (CNI) has welcomed the decision of Nepal Bankers’ Association to reduce the interest rates. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a press statement on Thursday, the NBA said that move to reduce the interest rates on deposits is positive step at a time when the entire economy has been facing crunch of investible capital while the non-performing loan has been rising. It is a respite to the private sector, reads the statement.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> The CNI also said that decision to decrease the interest rate will help revive the economy which is facing various problems such as lack of demand and postponement of investment plans due to high interest rate.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI said it had been demanding for the lowering of the interest rate to boost up the economy and increase the private sector’s morale. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The decision will help to bring back the economy on track from the challenging situation,” the CNI statement added. </span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI believes that the decline in interest rate will also reduce the cost of fund and the base rate. As a result, the CNI is hopeful that the interest on loans will also reduce.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">It will eventually increase investment in business and industries and boost the morale of the private sector.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">A recent study conducted by the CNI showed that 70 percent of industrialists had postponed their investment plans due to the high interest rates. The CNI expressed its belief that the investors will carry on with the investment plans as the interest rates have been reduced and the economy will once again become vibrant.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The CNI noted that the Nepal Rastra Bank’s decision to review the Working Capital Loan Guidelines has provided relief to some extent to the private sector. It also urged the central bank to ensure liquidity in the market through the biannual review of the monitory policy. </span></span></p>
<p> </p>
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