Central Bank to Collect 20 Billion from Bank and Financial Institution Today
Summary
Nepal Rastra Bank will collect Rs. 20 billion from banks and financial institutions for 32 days through a bidding process to absorb excess liquidity in the market. The deposits will be returned with interest on Kartik 9, 2083 (October 26, 2026).
Key Points
- Nepal Rastra Bank is collecting Rs. 20 billion from banks and financial institutions to manage excess liquidity.
- The deposits will be taken through an online bidding process on Ashwin 8 at 3 pm for a 32-day period.
- Only licensed A, B and C class banks and financial institutions approved by NRB can participate.
- The deposits will be repaid with interest on Kartik 9, 2083 (October 26, 2026).
