KATHMANDU, Feb. 12 -- Commercial banks have continued their trend of lowering interest rates. This comes amid growing liquidity with them in recent months.

Banks that have offered around 9 percent interest rate for Magh (I.e. mid-January to mid-February) have declared a maximum interest rate of 8.5 percent for personal term deposits for Falgun(i.e. mid-February to mid-March). The average interest rate, which stood at 8.16 percent in the month of Magh is set to decrease to 7.75 percent in Falgun.

This represents a reduction of 0.40 percentage points in the average interest rate from Magh to Falgun. The reduction in maximum interest rates for personal term deposits ranges from 0.06 percent to 0.81 percent.

The adjustment in interest rate...