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Nepal Rastra Bank to Absorb 25 Billion Rupees in Liquidity
Author
Nepse trading

Nepal Rastra Bank is set to withdraw 25 billion rupees in liquidity from the banking system on Sunday. The central bank has invited proposals from banks through a deposit collection auction. This liquidity absorption will be for 21 days, with the interest rate determined via the bidding process.
Applications for participation can be submitted online until 3 PM on Sunday. Despite excess liquidity in the banking system, the central bank has been managing it since the start of the current fiscal year, aiming to maintain balance in the market.