KATHMANDU, Aug 7: The Nepal Rastra Bank (NRB) mopped an additional amount of Rs 40 billion from the banking system for liquidity management.
Revised interest rate corridor system introduced
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The NRB is going to mop Rs 40 billion for 21 days through a bidding instrument.
Banks and financial institutions were required to submit proposals by 3 PM on Wednesday. Similarly, Rs 37.6 billion mopped earlier by the central bank is yet to mature.