More liquidity in banking system, Rashtra Bank pulling 50 billion today
Kathmandu. Nepal Rastra Bank is going to withdraw 50 billion rupees from the banking system today, January 28th. To manage excess liquidity, the central bank is using deposit collection tools to withdraw money from the banking system.
Rastra Bank has informed that a meeting will be held today at 3 pm for this purpose. Banks and financial institutions who want to give deposits can negotiate up to the total call amount so that when divided by a minimum of 10 million rupees and a maximum of 5 million rupees, the balance will be divided.
The Rastra Bank has stated that the negotiation of deposit collection will be done on the interest rate and multiple interest rates can also be negotiated. Only 'A', 'B' and 'C' category banks and financial institutions will be allowed to participate in the deposit collection device.
Express
Related News
Instruction of the Ministry of Education to refund the fees charged against the law to the students
Kathmandu. The Ministry of Education, Science and Technology has directed to refund the fees charged illegally by the institutional schools across the country to the students. The ministry has issued a statement on Wednesday asking for strict acti...
Economic growth is expected to be limited to 3.855 in the current year
Kathmandu. In the current fiscal year 2082/83, the economic growth rate of Nepal is projected to be 3.85 percent. According to the national accounting data released by the National Statistics Office on Tuesday, the size of the economy is expected...
Dedicated trunk line dues dispute: Time given by authority expires today
Kathmandu. The last time given by Nepal Electricity Authority to pay the outstanding amount of dedicated and trunk line is ending today. According to the installment facility provided by the authority to the industrial...
NEPSE increased by 35.05 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, NEPSE index increased by 35.05 points to 2620.92 points. NEPSE, which closed at 2585.87 points last week, increased by 35.05 points to 2620.92 points this week. The market was open for four trading days this week. In which NE...
The 'Property Investigation Commission' started work, the assets of high-ranking officials are under government surveillance
Kathmandu. The 'Property Investigation Commission', formed by the government with the main objective of ending corruption and impunity, has formally started its work. The five-member commission formed under the chairmanship of former Supreme Court...
Share price increase of five companies, how much has increased?
Kathmandu. On the first day of the week, i.e. Sunday, the stock market fell by double digits. Today, the NEPSE index decreased by 26.51 points to 2649.52 points. Share prices of 45 companies from different sectors have...



