Kathmandu. Nepal Rastra Bank is going to raise 20 billion rupees from the market today (Sunday). After there is excess liquidity in the market, the Rastra Bank is going to raise 20 billion rupees on Chaitra 10.
The banks will get back the principal and interest of 20 billion rupees that the Rastra Bank is going to raise for a period of 21 days on Chaitra 11. The bank has stated that banks and financial institutions of category A, B and C can keep deposits with the Rastra Bank equal to the number of digits that remain after dividing by a minimum of 100 million and a maximum of 50 million.
The Rastra Bank has stated that the bid for such deposit collection should be made at the interest rate. In addition, bids can also be made on multiple interest rates.
According to the National Bank, when distributing the amount called for deposit collection, the lowest interest rate as bid will be given first priority and distributed sequentially up to the amount called for.
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