NRB calls for bids to collect deposits
Summary
Nepal Rastra Bank has called for bids to collect one-month deposits worth Rs 6 billion from licensed ‘A’, ‘B’ and ‘C’ class banks and financial institutions. The minimum bid amount is Rs 100 million, and bids must be exactly divisible by that amount.
Key Points
- Nepal Rastra Bank’s Monetary Management Department has invited bids to collect one-month deposits worth Rs 6 billion.
- Only licensed ‘A’, ‘B’ and ‘C’ class banks and financial institutions can participate.
- The minimum bid amount is Rs 100 million, and the maximum bid amount must be exactly divisible by the minimum bid amount.
