Nepal Rastra Bank is set to withdraw NPR 30 billion from the banking system as excess liquidity continues to build up. The central bank will collect the amount through a deposit collection instrument today. Banks can bid on the interest rate through the NRB’s online bidding system until 3 PM. Only Class “A,” “B,” and “C” banks and financial institutions

Nepal Rastra Bank is set to withdraw NPR 30 billion from the banking system as excess liquidity continues to build up. The central bank will collect the amount through a deposit collection instrument today. Banks can bid on the interest rate through the NRB’s online bidding system until 3 PM. Only Class “A,” “B,” and “C” banks and financial institutions