NRB to mop Rs 30 billion from banking system for liquidity management

Published On: September 25, 2024 12:55 PM NPT By: Republica | @RepublicaNepal

KATHMANDU, Sept 25: Nepal Rastra Bank (NRB) is going to mop an additional amount of Rs 30 billion from the banking system for liquidity management.

The NRB is going to mop Rs 30 billion for 14 days through a bidding instrument. For this, banks and financial institutions have to submit proposals by 3 PM on Wednesday.

Meanwhile, Rs 198 billion mopped earlier by the NRB through bidding is yet to mature.

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