Fri, May 17, 2024
Nepal Rastra Bank (NRB) has issued a repurchase agreement (repo) worth Rs 50 billion today. The repo will mature on February 12.
The bank is issuing the repo to prevent liquidity shortage in banks and financial systems.
According to the central bank, 'A', 'B' and 'C' class banks and financial institutions can buy the repo through bidding.
Commercial banks have published new interest rates for the upcoming month of Jestha. As per the published notices, the average interest rates of the banks have declined by a few points.
