Nepal Rastra Bank to Absorb Rs. 30 Arba from Bank's to Manage Excess Liquidity in the Market
Summary
Nepal Rastra Bank will absorb Rs. 30 billion from banks and financial institutions for 30 days through a bidding process to manage excess liquidity in the market. The deposits will be collected on September 28 via the Online Bidding System and returned with interest on October 28, 2026.
Key Points
- Nepal Rastra Bank will collect Rs. 30 billion from banks and financial institutions to manage excess liquidity.
- The deposits will be taken for 30 days through an online bidding process on Ashwin 12 (September 28) at 3 PM.
- The interest rate will be determined by bidding, with a minimum bid size of Rs. 10 crore.
- Only licensed A, B and C class banks and financial institutions approved by NRB can participate.
