NRB to mop Rs 45 billion from BFIs for liquidity management
Summary
Nepal Rastra Bank plans to collect Rs 45 billion from banks and financial institutions through a bidding process for 25-day liquidity management.
Key Points
- Nepal Rastra Bank (NRB) will collect Rs 45 billion from the market for liquidity management over 25 days.
- The collection will be done through an online bidding process scheduled at 3 PM on Wednesday.
- Proposals are invited from banks and financial institutions to participate in the bidding.
- Rs 304.75 billion raised earlier by NRB through deposit instruments is still pending maturity as per the central bank.
