NRB to withdraw Rs 45 billion in liquidity
Summary
Nepal Rastra Bank plans to absorb Rs 45 billion of surplus liquidity through a deposit collection auction to manage excess funds in the banking system.
Key Points
- Nepal Rastra Bank will conduct a deposit collection auction to absorb Rs 45 billion in liquidity.
- The auction is scheduled for Wednesday at 3 p.m.
- Only banks and financial institutions licensed under categories A, B, and C can participate.
- The collected funds will remain with NRB until September 21.
