Global IME Bank increases its interest rate after Pathivara protest

Starting today, Global IME Bank is the only commercial bank to increase its interest rate on personal fixed deposits. In the month of Magh, the bank offered a maximum interest rate of 5.75%, but for the month of Falgun, they have raised it to 6%. This change comes after protests related to the construction of a cable car in Pathivara, with demonstrators also criticizing the bank's involvement. Due to these protests, it is believed that the bank decided to raise its interest rates for the month of Falgun.

On the other hand, Laxmi Sunrise Bank has lowered its interest rate for Falgun. They reduced it from 5.75% in Magh to 5.5% for the current month. Meanwhile, 18 other commercial banks have decided to maintain the same interest rates for personal fixed deposits as they offered in the month of Magh.