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The National Bank is going to withdraw 35 billion rupees from the market again today, Wednesday, as the amount of money that can be given to banks and financial institutions (liquidity) has increased.
Rastra Bank has said that it is going to withdraw the amount for 21 days through the deposit collection tool for excess liquidity management.
It is mentioned in the notification that the National Bank has invited the banks and financial institutions to speak online till 3 o'clock today. As there is more money (liquidity) than necessary in the market, the National Bank is going to withdraw the mentioned amount today to reduce it and fix it (management).
For about a year and a half, the National Bank has been regularly withdrawing money from the market twice a week on Sunday and Wednesday through deposit collection equipment. At the same time, it is about to go down 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 100 million rupees and a maximum of 5 million rupees.
