As the amount of money (liquidity) that can be given to banks and financial institutions has increased, the National Bank is going to withdraw 50 billion rupees again today on Wednesday.
Rastra Bank is going to withdraw the amount for 21 days through the deposit collection tool for excess liquidity management. Rastra Bank has issued a notice to keep money in Rastra Bank through deposit collection.
For this purpose, the National Bank has called on the banks and financial institutions to speak online till 3 pm today. It is mentioned in the notice of Rashtra Bank that when dividing by a minimum of 10 crores and a maximum of 5 crores, the remainder can be divided. Rastra Bank has stated that the negotiation of deposit collection will be done on the interest rate and multiple negotiation can be done on multiple interest rates as well.
Only 'A', 'B' and 'C' category banks and financial institutions are allowed to participate in the deposit collection device. The notification of the National Bank also mentions that the deposit collection equipment purchased in this way can be used as collateral in other banks and financial institutions.
