KATHMANDU, Jan 5: The Nepal Rastra Bank (NRB) is set to mop an additional Rs 50 billion from the banking system for liquidity management.
As the banks are unable to increase loan investment, the NRB is going to withdraw the excess amount in the market for 21 days through a bidding system.
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The NRB has requested proposals from banks and financial institutions that have faced liquidity challenges. Meanwhile, Rs 208 billion mopped earlier by the NRB is yet to mature.
