Kathmandu. Nepal Rastra Bank is going to raise 35 billion rupees from the market today (Wednesday). With more liquidity in the market, the Rastra Bank is going to raise 35 billion rupees on Magh 23.
The banks will get back the principal and interest of 35 billion rupees that the Rastra Bank is going to raise for a period of 20 days on Falgun 13. 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 interest rate on the deposits placed by the banks in this way will be determined through bidding. That is, the Rastra Bank has stated that the Rastra Bank will accept the deposits of the banks and financial institutions that offer the lowest interest rate.
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