Mandatory cash balance to be maintained by banks and financial institutions remains unchanged

Ashad 27, 2082

Kantipur Reporter

Mandatory cash balance to be maintained by banks and financial institutions remains unchanged

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According to Governor Paudel, the National Bank has maintained the mandatory cash balance (CRR) to be maintained by banks and financial institutions for the coming year as well.

Releasing the monetary policy for the coming year, the National Bank has kept the CRR unchanged. At present, banks and financial institutions have to maintain 4 percent CRR of deposits.

Kantipur

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