Central Bank to Collect Rs. 30 Billion from Bank and Financial Institution Today
Summary
Nepal Rastra Bank announced a Rs. 30 billion deposit collection from banks and financial institutions via a bidding process to manage excess liquidity.
Key Points
- Nepal Rastra Bank will collect Rs. 30 billion from banks and financial institutions through bidding.
- The deposit period is 56 days with bids starting on June 3 via an online system.
- Minimum bid amount is Rs. 10 crore, with multiple bids allowed within the total limit.
- Deposits won't count as cash reserve ratio but will affect other liquidity calculations.
