NRB absorbing Rs 100 billion 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 using its deposit collection instrument with a 61-day maturity period. The central bank announced that the bidding process will be conducted electronically, and licensed banks and financial institutions can participate with a minimum bid of Rs 100 million.
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