NRB to mop Rs 30 billion for liquidity management

By Republica
Published: January 28, 2025 03:00 PM

KATHMANDU, Jan 28: Nepal Rastra Bank (NRB) is going to mop an additional Rs 30 billion from the banking system for liquidity management.

After the banks were unable to increase loan investments, the NRB is going to withdraw an additional Rs 30 billion from the banking system for liquidity management for 21 days through the bidding system. The NRB has sought proposals from banks and financial institutions that have liquidity challenges.

Meanwhile, Rs 231 billion mopped earlier by the NRB is yet to mature.