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Nepal Rastra Bank to release Rs 30 billion deposit for 87 days 

nabil bank

. KATHMANDU: Nepal Rastra Bank (NRB) is to withdraw additional Rs 30 billion liquidity from the market on Sunday. The Nepal Rastra Bank (NRB) is going to exploit deposits to manage the liquidity in the banking system due to the increase in liquidity.

Nepal Rastra Bank (NRB) is set to raise deposits of Rs 30 billion for 87 days.TAG_OPEN_div_13 Nepal Rastra Bank (NRB) is going to bid and issue deposits by setting various conditions and conditions. The interest rate of deposit collection will be determined through bidding and the principal and interest will be paid on May 21, 2083.

Banks and financial institutions (BFIs) wishing to provide deposits can bid up to a minimum of Rs 10 crore and a maximum of Rs 50 million.TAG_OPEN_div_11

The interested ‘TAG_OPEN_div_9 A’, ‘B’ and ‘C’ class banks and financial institutions can apply through the bidding process till 2:00 pm on Sunday. Bidding will be done through online bidding system software.

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