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Interest War

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Interest War
The banking industry of Nepal doesn't seem to be going in right track. The ongoing interest war and expansion of banking network unprecedently has further aggravated the problem. Till the date there are already 31 commercial bank 75 development bank and 84 finance company in the country. further few are in pipeline. alone in Kathmandu there are more than 100 private commercial bank involved in competition. Opening of branches and the installation of ATM machine has led to more idle cash lying around the branches and machine.
With the liquidity crunch bank are having the run for deposit. Banking and financial institution are facing tough time to honor customer obligation . Liquidation of Nepal development bank and samjhana finance liquidity crunch of last year and recent charge sheet field against top branches of two of development bank still hunts the depositor. They would rather feel safe to keep money in their home than to put in bank. The banks and fiS are lunching depositors with high interest rate. The interest rate vary from 6t to 11 percent in fixed deposit. Today the Nepali banking sector due to stiff competition and excessive saturation face on informal interest war where to all are the mass they provide competitive edge through high interest rates. Banks of today are fighting for existence and their bread to keep them alive is the high interest they are providing to the customer against deposits.
What is the Alfred Weber's Theory of Industrial Location?
In: Drifting, Industries and Professions [Edit categories]
Answer:
it is a theory study the effect transportion economic on the total cost of industry it depend on triangle location of source of raw material and processing and marketing area it is a theory study the effect transportion economic on the total cost of industry it depend on triangle location of source of raw material and processing and marketing area
Characteristics of an Effective Industrialization Policy INTRODUCTION:

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