NRB to Collect 18 Billion from BFI's; Interest and Deposits Returns after 3 Month
Summary
Nepal Rastra Bank will collect Rs. 18 billion in deposits from banks and financial institutions through an online bidding process today. The 90-day deposits will be returned with interest on Mangsir 16, 2083 (December 02, 2026).
Key Points
- Nepal Rastra Bank plans to collect Rs. 18 billion from banks and financial institutions through bidding.
- The deposits will be held for 90 days and the interest rate will be determined by the bidding process.
- Only licensed 'A', 'B' and 'C' class banks and financial institutions approved by NRB can participate.
- The deposits, along with interest, will be returned on Mangsir 16, 2083 (December 02, 2026).
