The central bank is issuing deposit collection tool of Rs 20 billion for 28 days to mop up excess liquidity.
Interested banks and financial institutions can bid for the tool by 3 pm today through online. Its interest rate will be decided to auction bid and payment of interest and principal will be done on April 13.
The bidders can bid for a minimum of 100 million and a maximum of full amount divisible by 50 million.
