NRB to Sweep Rs 40 Billion from Market in 56 Day Liquidity Mopping Drive
Summary
Nepal Rastra Bank plans to collect Rs 40 billion via a 56-day deposit auction to manage liquidity, with bids opening on April 15, 2026.
Key Points
- Nepal Rastra Bank to mop up Rs 40 billion from the banking system over 56 days.
- Bidding for deposits starts on April 15, 2026, through the Online Bidding System Software.
- Only 'A', 'B', and 'C' class financial institutions can participate with a minimum bid of Rs 100 million.
- Deposits count toward Statutory Liquidity Ratio but cannot be used for Cash Reserve Ratio; no early withdrawals allowed.
