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.
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