NRB Withdrawing Rs 110 Billion From Banking System Today
Summary
Nepal Rastra Bank is withdrawing Rs 110 billion from the banking system over 87 days to control excess liquidity in the market.
Key Points
- Nepal Rastra Bank is withdrawing Rs 110 billion today to manage excess liquidity in the market.
- The central bank will collect the amount for a period of 87 days via its deposit collection instrument.
- Eligible banks and financial institutions have been invited to participate in a bidding process scheduled for 3 PM today.
- Both principal and interest payments on the collected funds are due on May 27, 2026.
