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Nepal Rastra Bank is going to withdraw 50 billion rupees from the market again on Wednesday. As the amount (liquidity) that can be given to banks and financial institutions has increased, the National Bank is going to withdraw money from the market.
Rastra Bank is going to withdraw the amount for 63 days through the deposit collection tool for excess liquidity management . For a long time, since there is a lot of money in the market, the National Bank has been withdrawing money at least twice a week for management . At the same time, the National Bank is going to withdraw 50 billion rupees today.
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 the 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 said that the negotiation of deposit collection will be done on the interest rate and multiple interest rates can also be negotiated on multiple interest rates. Only 'A', 'B' and 'C' category banks and financial institutions will be allowed to participate in deposit collection instruments. The National Bank has also stated that deposit collection equipment can be used as collateral in other banks and financial institutions.
