To manage liquidity after the Dasain holiday, the National Bank is collecting deposits from banks and financial institutions for 11 days today.
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The National Bank is going to withdraw 20 billion rupees from the market today after the increase in the amount of money that can be given to the banks and financial institutions (liquidity) does not stop. Rastra Bank has been regularly withdrawing money on Sundays and Wednesdays.
After not being able to withdraw money last week due to the Dasain holiday, 90 billion rupees were withdrawn for 12 days yesterday on Tuesday. Since today is the regular withdrawal day, the same process has been continued.
Rastra Bank has said that it is going to withdraw the amount for 11 days today through the deposit collection tool for excess liquidity management. In order to withdraw money from the
market, the National Bank has called on the banks and financial institutions to talk online till 3 pm today.
It is mentioned in the notice of Rashtra Bank that when dividing by Rs.
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 talk of deposit collection equipment. The National Bank has also said that the deposit collection equipment purchased in this way can be used as collateral in other banks and financial institutions.
