KATHMANDU, Jan 19: Nepal Rastra Bank (NRB) is going to mop an additional Rs 60 billion from the banking system for liquidity management.
As the banks are unable to increase their loan investments, the NRB is going to withdraw the excess money from the market for 21 days through the bidding system.
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The NRB has asked for proposals from the banks and financial institutions which face liquidity challenges. Meanwhile, Rs 193 billion mopped earlier by the NRB is yet to mature.
