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After increasing the amount of money that can be given to banks and financial institutions, the National Bank is going to withdraw 40 billion rupees again today (Sunday).
In order to manage more liquidity (so that the interest rate does not go down because there is a lot of money in the market), the Rastra Bank is going to withdraw the amount for 21 days through the deposit collection tool.
For this purpose, the National Bank has invited the banks and financial institutions to participate online till 3 pm today.
It is mentioned in the notice of Rashtra Bank that when dividing by Rs. The Rastra Bank has stated that the negotiation of deposit collection should be based on the interest rate and multiple interest rates can also be negotiated.
Only 'A', 'B' and 'C' category banks and financial institutions will be allowed to participate in deposit collection device. It is also mentioned in the notification of Rashtra Bank that the deposit collection equipment purchased in this way can be used as collateral in other banks and financial institutions.
