Nepal Rastra Bank to withdraw Rs 85 billion deposit for 3 months

लगानी न्यूज

२० श्रावण २०८३, बुधबार ११:०२August 5, 2026

. Nepal Rastra Bank (NRB) has decided to collect deposits worth Rs 85 billion to manage excess liquidity in the market.

The Monetary Management Department of the Nepal Rastra Bank (NRB) has invited bids to collect the amount through a deposit collection tool with a period of 90 days.TAG_OPEN_div_19

According to the notice issued by the Nepal Rastra Bank, the bidders can be bid only through the ‘Online Bidding System Software’ (OBSS) till 3 pm today.TAG_OPEN_div_17 The interest rate of deposit collection will be determined through the bidding process and the principal and interest will be paid on November 3, 2083.

According to the Rastra Bank, bids can be made up to a minimum of Rs 1 TAG_OPEN_div_15 0 crore and a maximum of Rs 50 million. Only the ‘A’, ‘B’ and ‘C’ class banks and financial institutions licensed by the Nepal Rastra Bank are eligible to participate in the bidding process.

Provision has been made to mention the amount and interest rate to be deposited for the deposit in the bidding. According to the NRB, the bid offering the lowest interest rate will be accepted on the basis of priority and the total amount of the proposal with the same interest rate will be allocated on the basis of ‘pro-rata’ if the total amount of the proposal is more than the sum called.

The Open Market Transaction Steering Committee shall have the authority to approve or reject all or part of the bids of the amount called by the central bank.TAG_OPEN_div_11 The deposits collected cannot be counted in the Mandatory Cash Reserves (CRR) but can be counted in SLR and liquidity ratio as per the prevailing provision.