NRB Seeks to Absorb Rs. 30 Billion from Banks Today; Is Liquidity Too High in BFI's ?
Summary
Nepal Rastra Bank will absorb Rs. 30 billion from banks and financial institutions today to manage excess liquidity in the market. The one-month deposit collection will be done through an online bidding process, with interest set by the auction.
Key Points
- Nepal Rastra Bank is collecting Rs. 30 billion from banks and financial institutions to manage excess liquidity.
- The deposits will be taken for 28 days through an online bidding process starting at 3 PM today.
- Only licensed A, B and C class banks and financial institutions approved by NRB can participate.
- The collected amount will be returned with interest on Ashwin 30, 2083 (October 16, 2026).
