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The National Bank is going to withdraw 24 billion rupees again on Sunday after the amount of money that can be given to banks and financial institutions (liquidity) has increased. Rastra Bank is going to withdraw the amount for 21 days through the deposit collection tool for excess liquidity management.
Rastra Bank has been regularly withdrawing money from the market on Sundays and Wednesdays. At the same time, 24 billion rupees are going to be issued again today.
For this purpose, the National Bank has invited the banks and financial institutions to speak online till 3 pm. It is mentioned in the notice of Rashtra Bank that when dividing by Rs. 10 crores and Rs. 5 crores, the remainder is divided.
The Rastra Bank has stated that the negotiation of deposit collection will be done on the interest rate, while the multi-interest rate can also be negotiated on multiple interest rates. Only 'A', 'B' and 'C' category banks and financial institutions will be allowed to participate in the deposit collection instrument. The National Bank has also stated that the deposit collection equipment purchased in this way can be used as collateral in other banks and financial institutions.
