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The National Bank is going to withdraw 40 billion rupees again on Wednesday as 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.
Banks and financial institutions who want to deposit money in Rashtra Bank through the deposit collection tool have been invited to speak online till 3 pm today. In the
notice, 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 is divided. Rastra Bank has stated that the negotiation of deposit collection will be done on the interest rate and multiple interest rates can also be negotiated.
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.
