NRB, urging commercial banks to maintain their spread rate at 5 percent, has warned to take action against the BFIs failed to maintain the required spread rate.
Out of the total number of commercial banks, Agricultural development bank has the highest spread rate of 5.46 percent. Besides Agricultural Development Bank, NIC Asia, Standard Chartered and Nabil Bank has above 5 percent spread rate.
Previously, NRB has already directed BFIs to maintain the required spread rate before the end of the first quarter of the current FY.