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Mahalakshmi Development Bank has become the development bank with the lowest cost of funds. According to the financial statements for the third quarter of the financial year 2081/82, the bank has become the development bank with the lowest cost of funds.
According to the financial statements published by
bank, the cost of funds till the end of March 2081/82 is 5.04 percent.
During the same period of the last financial year, the bank's cost of funds percentage was 7.62. The bank claims that the lower cost of funds has had a positive effect on the base rate as well. According to which the base rate of the bank is 7.14 percent till the end of March. The bank says that when the base rate of the bank is low, the interest rate of the loan taken by the borrower will also be low.
