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The National Bank is going to withdraw Rs 50 billion from the market again on Sunday as the amount of money that can be given to banks and financial institutions (liquidity) has increased.
Rastra Bank has stated that it is going to withdraw the amount for 21 days through the deposit collection tool for excess liquidity management. For this, it is mentioned in the notification that the National Bank has invited the banks and financial institutions to conduct an online consultation till 3 pm today.
According to the fact that there is more money (liquidity) than necessary in the market, the Rastra Bank is going to withdraw the mentioned amount today to reduce it and fix it (manage). For about a year and a half, the National Bank has been regularly withdrawing money from the market twice a week on Sundays and Wednesdays through deposit collection equipment. At the same time, it is about to drop again today .
It is mentioned in the notification that banks and financial institutions who want to deposit money in Rashtra Bank through the deposit collection device can be divided by a minimum of 10 million rupees and a maximum of 5 million rupees.
