As per Nepal Rastra Bank (NRB), the banking channel had liquidity of Rs 54 billion on Monday, July 8.
As a result, the average interbank spread rate has decreased to 3.71 percent.
One month earlier, the banking channel had liquidity of Rs 23 billion while the average interbank spread rate was 7.5 percent.
According to NRB, the spread rate of commercial banks only has remained at above 6 percent. On July 8, the government spent Rs 2.77 billion in capital expenditure and Rs 2.90 billion in current expenditure. The payment made in billions has significantly increased the liquidity in the banking sector.
