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Nepal Rastra Bank Invites Bids to Collect Rs 30 Billion in Deposits

Nepal Rastra Bank has invited eligible Class A, B and C banks and financial institutions to bid for a 28-day deposit collection instrument.

The Patrukar
The Patrukar
21 Aswin 2083 BS 1 min read
Nepal Rastra Bank Invites Bids to Collect Rs 30 Billion in Deposits

Nepal Rastra Bank’s Monetary Management Department has invited bids to collect Rs 30 billion in deposits for a period of 28 days, or one month.

Applications must be submitted through the central bank’s online bidding system by 3 pm today. The auction is open to licensed Class A, B and C banks and financial institutions.

Deposit collection auction details

  • Amount: Rs 30 billion
  • Term: 28 days
  • Application deadline: 3 pm today
  • Submission method: Online bidding system
  • Eligible participants: Licensed Class A, B and C banks and financial institutions

Sources

Clustered via K cha khabar.

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