NRB absorbing Rs 100 billion to manage liquidity

english.onlinekhabar.com · 5 days ago

Nepal Rastra Bank (NRB) is set to withdraw Rs 100 billion from the banking system as part of its ongoing liquidity management initiative. The central bank will utilize its deposit collection instrument with a maturity period of 61 days, with the bidding process conducted electronically. The principal amount and accrued interest will be repaid on July 21, and licensed banks and financial institutions can participate in the auction.