NRB to Collect 30 Billion from BFI's; Interest and Deposits Returns after 1 Month
Summary
Nepal Rastra Bank will collect Rs. 30 billion in deposits from banks and financial institutions through a bidding process today. The 35-day deposits will be returned with interest on Bhadra 31, 2083 (September 16, 2026).
Key Points
- Nepal Rastra Bank has announced a Rs. 30 billion deposit collection from banks and financial institutions through bidding.
- The deposits will be collected for 35 days, with the interest rate determined by the bidding process.
- The bidding will be held on Shrawan 27 (August 12) through the Online Bidding System at 3 PM.
- Eligible participants are licensed A, B, and C class banks and financial institutions approved by NRB, and the funds will be returned with interest on Bhadra 31, 2083 (September 16, 2026).
