On Sunday, Nepal Rastra Bank (NRB) announced it will collect NPR 30 billion in deposits for a period of 87 days. This move comes as commercial banks and financial institutions currently have excess liquidity.
The interest on these deposits will be paid on Jestha 6, 2083 BS.
Only “A”, “B”, and “C” category banks and financial institutions are eligible to participate in this deposit collection process.
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