My Republica
Our Portal
My City
From
The Print
Republica

We are a team of professional management and journalists — one of the best in the Nepali media. Our duty toward our readers is to provide them with impartial news, bold views, in-depth analysis and thought-provoking commentary. We shall do this without fear or favor, and we shall be guided by nothing but our conscience.

Know More

Latest Article By Author

Published On: September 11, 2024 02:25 PM NPT By: Republica

NRB to mop additional Rs 40 billion from banking system for liquidity management

NRB to mop additional Rs 40 billion from banking system for liquidity management

KATHMANDU, Sept 11: Nepal Rastra Bank (NRB) is going to mop an additional Rs 40 billion from the banking system for liquidity management.

The NRB is going to mop Rs 40 billion for 21 days through a bidding instrument. For this, banks and financial institutions have to submit proposals by 3 PM on Wednesday.

Meanwhile, Rs 121 billion mopped earlier by the central bank is yet to mature.  

 

Leave A Comment