What you should know
After more liquidity, for the first time after the monetary policy, the National Bank is withdrawing 50 billion deposits on Sunday. Rastra Bank is going to collect deposits through the deposit collection tool Bolakbol. Now the total deposit has reached more than 72 billion.
The central bank has been drawing liquidity through deposit collection tools and permanent deposit facilities for more liquidity and interest rate management of the financial system. Accordingly, the deposit is going to be withdrawn on Sunday. Only 'A', 'B' and 'C' category banks and financial institutions licensed by Rashtra Bank will be allowed to participate in
talk. While allocating the long-term deposit collection amount, according to the interest rate quoted by the counter parties, the amount with the lowest rate will be allocated in priority order up to the amount called for.
When the deposit is opened, it is to be negotiated today through the online purchase system and the interest rate will be determined through negotiation, while the principal and interest of the deposit collection device to be negotiated today According to the National Bank, the payment will be made on 15 August 2082. The amount that can be called
is a minimum of 10 crore rupees and a maximum of 5 crore rupees when divided by the remaining amount, the total call amount will be divided. In particular, according to the Central Bank's procedure for open market transactions, if there is a long-term high liquidity situation in the financial market, the transaction management committee can use the long-term deposit collection tool for a maximum period of 6 months under structural open market transactions on any day as needed to manage the market interest rate.
Taking this arrangement, the central bank has been using deposit collection tools several times. Earlier last Sunday too, the National Bank had withdrawn 50 billion deposits. A week has passed since the introduction of monetary policy. Although the monetary policy has been loosened somewhat, the investment in the market has not increased significantly and the economy is also seen to be lax.
