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Rastra Bank raises Rs 90 billion from market for 35 days, banks can fix interest rates on their own

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Kathmandu. Nepal Rastra Bank (NRB) has decided to take deposit of Rs 90 billion for 35 days. Nepal Rastra Bank (NRB) has issued a notice to resolve deposits through bidding.

Banks and financial institutions of categories A, B, C and D can participate in the bidding process through online bidding till 3:00 pm on July 1, 2019. At the time of bidding in this way, the minimum number should be 10 crores and the maximum 5 crores should be divided.

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