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ECONOMY

NRB to mop Rs 25 billion from BFIs

The bidding system will be held online at 3 pm on Sunday. The NRB will pay the principal and interest on March 30.
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By Republica

KATHMANDU, March 9: Nepal Rastra Bank (NRB) is set to withdraw an additional Rs 25 billion from the banking system for liquidity management.



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The NRB is going to withdraw Rs 25 billion for 21 days through a bidding process system.


The NRB has sought proposals from banks and financial institutions (BFIs). The bidding system will be held online at 3 pm on Sunday. The NRB will pay the principal and interest on March 30.

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