Nepal Rasta Bank to Collect 85 Billion from BFI's for 3 Month Period
Summary
Nepal Rastra Bank will collect Rs. 85 billion from banks and financial institutions for 90 days through an online bidding process. The deposits will be returned with interest on Kartik 17, 2083 (November 3, 2026).
Key Points
- Nepal Rastra Bank plans to collect Rs. 85 billion in deposits from banks and financial institutions through bidding today.
- The deposits will be accepted for a 90-day period via the Online Bidding System at 3 PM on Shrawan 20.
- Only licensed A, B and C class banks and financial institutions approved by NRB can participate.
- The interest rate will be determined by the bidding process, and the funds will be returned on Kartik 17, 2083 (November 3, 2026).
