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