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ECONOMY

NRB to mop Rs 30 billion from BFIs while Rs 229 billion is yet to mature

KATHMANDU, Sept 22: The Nepal Rastra Bank (NRB) is going to mop an additional Rs 30 billion from the banking system for liquidity management while the Rs 229 billion mopped earlier is yet to mature.
By Republica

KATHMANDU, Sept 22: The Nepal Rastra Bank (NRB) is going to mop an additional Rs 30 billion from the banking system for liquidity management while the Rs 229 billion mopped earlier is yet to mature.


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NRB to mop Rs 100 billion from BFIs


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


The Rs 229 billion mopped earlier  through bidding instruments is yet to mature.

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