Shikhar Insurance
National Life

Nepal Rastra Bank investing Rs 1.15 billion in interest, calls for interest rate proposals

सिंहदरबार संवाददाता
२०८१ चैत्र ४, सोमबार १२:००
Hyundai
NCELL
NIMB

Kathmandu. Nepal Rastra Bank is going to invest the amount in the gratuity and pension fund in banks and financial institutions with interest. The bank has issued a notice on Chaitra 3 (Monday) and has stated that it will invest Rs 1.15 billion in banks and financial institutions with interest.

The Rastra Bank has stated that it is going to invest Rs 920 million in ‘A’ class commercial banks, Rs 172.5 million in ‘B’ class national level development banks and Rs 57.5 million in ‘C’ class national level finance companies as fixed deposits.

Citizen Life
Kumar Bank
Prabhu Insurance

The bank has called for the amount desired to be taken as fixed deposits for 366 days from Chaitra 10, 2081 to Chaitra 9, 2082 and to propose the interest rate by Chaitra 5. The bank has stated that to receive the 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 NRB has stated that the non-performing loan (NPL) ratio of the total loan portfolio should not exceed 8 percent and the net non-performing loan (net NPL) ratio should not exceed 3 percent.

GBIME

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