Nepal Rastra Bank Calls for Bids for Rs 30 Billion One-Month Deposit
Summary
Nepal Rastra Bank’s Monetary Management Department has called for bids to collect a one-month deposit of Rs 30 billion. Only licensed ‘A’, ‘B’ and ‘C’ class banks and financial institutions can participate, with bids starting from a minimum of Rs 10 crore.
Key Points
- Nepal Rastra Bank has invited bids for a one-month deposit collection worth Rs 30 billion.
- Only licensed ‘A’, ‘B’ and ‘C’ class banks and financial institutions are eligible to participate.
- The minimum bid amount is Rs 10 crore, and bids must be in multiples of Rs 10 crore up to the total amount called.
