NRB to Absorb Rs 100 Billion from Banking System to Manage Liquidity
▸ Part of: Nepal Rastra Bank Withdraws Rs 100 Billion to Manage Banking System Liquidity
Nepal Rastra Bank is set to withdraw Rs 100 billion from the banking system today to manage excess liquidity. The central bank will use its deposit collection instrument with a 61-day maturity period. Licensed banks and financial institutions can participate in the auction, which will be conducted electronically.
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