NRB To Issue Deposit Collection Tool Worth Rs 20 Bn Today

Jul 28, 2021 01:35 PM Merolagani

Nepal Rastra Bank (NRB) is issuing 14 days deposit collection tool worth Rs 20 billion today to keep liquidity at balance in the banking sector.

The interested banks and financial institutions (BFIs) can bid for the tool through Online Bidding System Software till 3:00 PM.

The bidders can bid for a minimum of Rs 50 million and a maximum of all amounts divisible by Rs 50 million.

As per the bank, the interest rate will be fixed through auction.

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