NRB to absorb Rs 100 billion today to manage liquidity
▸ Part of: Nepal Rastra Bank Withdraws Rs 100 Billion to Manage Banking System Liquidity
Nepal Rastra Bank (NRB) is set to withdraw Rs 100 billion from the banking system on May 22 as part of its ongoing liquidity management efforts. The central bank announced it is utilizing its deposit collection instrument for a maturity period of 61 days, with the bidding process concluding by 3:00 PM today. Licensed banks and financial institutions can submit bids for a minimum of Rs 100 million.
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