More liquidity in the banking system, with the National Bank drawing a trillion rupees from the market
Kathmandu. Nepal Rastra Bank is going to issue a 91-day deposit collection tool worth one trillion rupees on Wednesday to manage the continuously increasing excess liquidity in the banking system. Since the last few months, there is more than enough cash balance in the system, which has increased the pressure in the market to reduce the interest rate. In order to balance it, the central bank has taken forward the policy of re-absorbing liquidity.
According to Rashtra Bank, there is about 82 billion rupees excess liquidity in the financial system as of Tuesday. Earlier, on Monday and Tuesday, 30 billion rupees were withdrawn from the market through Rashtra Bank bonds, but since the liquidity remained high, additional deposit collection tools were used. According to the National Bank, since the old deposit collection and permanent deposit facility funds have matured and returned to the banking system, the liquidity pressure has increased, so this time, a larger amount has been called for than the excess liquidity seen in the system.
Express
Related News
The claim of the Ministry of Energy that the authority will also get the benefit of the international transmission line
Kathmandu. The government has made it clear that the Nepal Electricity Authority will also receive the benefits from the international transmission line to be built between Nepal and India. An agreement has been signed...
Friday's exchange rate: Kuwaiti dinar is the most expensive, which currency is worth?
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for Friday, February 8. According to the new rate set by the bank, the price of the US dollar has increased today and the buying rate of one dollar has remained a...
National Life's CEO Club member honor program completed
Kathmandu. National Life Insurance Company Ltd. has completed the CEO Club member honoring program for the agents of Koshi region at Hotel The Kingsbury located in Birtamod under the chairmanship of the chief executive officer of the company. In t...
10 people got the opportunity to visit Thailand by buying a sofa from Sofa Hub Kathmandu
Kathmandu. Sofa Hub Kathmandu, Nepal's most trusted sofa and furniture company has announced the winners of Dashain Tihar Jhadka Offer Scheme.
Aiming at Dashain, Tihar and Chhath o...
Federation President Dhakal's request to take action against those who vandalized and looted during the Genji movement
Kathmandu. Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, has said that the Federation is working hard to solve the problems of entrepreneurs, businessmen and the economy. Add...
New rules in NEPSE from Monday, share prices fell by 15 percent in one day
Kathmandu. Now the share price can decrease up to 15 percent in one day. NEPSE is about to implement this new regulation after the approval of the 'Securities Business Operation Fourth Amendment Regulation, 2082' from the Nepal Securities Board.



