Nepal Rastra Bank to Collect 85 Billion from BFI's Today, Amount to be Returns after Six Month
Summary
Nepal Rastra Bank will collect Rs 85 billion from banks and financial institutions through bidding today for a 175-day deposit placement. The funds will be returned with interest on Magh 29, 2083 (February 12, 2026).
Key Points
- Nepal Rastra Bank is collecting Rs. 85 billion from banks and financial institutions through a bidding process today.
- The deposits will be placed for 175 days, with the interest rate determined by the bidding.
- The bidding will be held via the Online Bidding System at 3 PM on Bhadra 05 (August 21).
- Only licensed A, B and C class banks and financial institutions approved by NRB can participate, and the amount will be returned with interest on Magh 29, 2083 (February 12, 2026).
