सिंहदरबार संवाददाता
Kathmandu. Nepal Rastra Bank is going to invest the amount in the Employee Provident Fund in banks and financial institutions as interest. The bank has issued a notice on Magh 25 (Friday) stating that it will invest Rs 250 million in banks and financial institutions as interest.
The bank has announced that it will invest Rs 200 million in ‘A’ class commercial banks, Rs 375 million in ‘B’ class national level development banks and Rs 150 million in ‘C’ class national level finance companies as fixed deposits.
The bank has called for the amount desired to be taken as fixed deposits for 366 days from 2081 Falgun 6 to 2082 Falgun 6 and to propose the interest rate by Magh 28. .
The bank has stated that to receive the said deposit, the bank and financial institution must have completed at least 2 years of operation and must maintain the minimum capital fund specified by the bank.
Similarly, the National Bank has informed through a notice that it will invest in banks whose non-performing loans are less than 5 percent of the total loan portfolio, whose net liquid assets have maintained the minimum limit specified by the bank, and whose loan-to-deposit ratio is within the limit specified by the bank from time to time.
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