KATHMANDU, Feb 9: Nepal Rastra Bank (NRB) is going to mop an additional Rs 30 billion from the Banks and Financial Institutions (BFI) to manage liquidity.
NRB will absorb the excess funds from the market for 20 days through a bidding system.
The NRB has invited proposals from BFIs to withdraw the money. Meanwhile, Rs 165 billion previously withdrawn by the NRB is yet to mature.