Kathmandu, 15 November: With the liquidity crunch in the financial institutions, the Nepal Rastra Bank (NRB) on Sunday issued a fresh directive to the bank and financial institutions (BFIs) by amending to the Integrated Directive, 2077 BS. The central bank said that the directive issued on October 20 was further revised and made systematic regarding the interest rate. Prior to this, the BFIs could change maximum of 10 per cent in the interest rate of the bank deposit as compared to the rate released in the previous month. As per recent update, the BFIs can only change maximum of 10 per cent in the interest rate in average (except for call deposit) by calculating the average and minimum interest rate released in the previous month. If the spread rate was more than the given cap, the other rates should be adjusted by making a basis either to the maximum and minimum interest rate. People's News Monitoring Service