NRB Issues Deposit Collection Notice for Development Banks on Jestha 4, 2082
Author
Nepsetrading
Kathmandu, Nepal – Nepal Rastra Bank (NRB), the central regulatory authority, has issued a formal Deposit Collection Notice dated Jestha 4, 2082 (May 17, 2025), inviting B-grade licensed development banks to submit competitive bids for short-term deposits under its regular liquidity management framework.
The notice is part of NRB's liquidity operation strategy to manage temporary excess liquidity in the financial system. The deposit collection will be executed via the Online Bidding System Software, and the bidding session is set to conclude by 3:00 PM on Jestha 4, 2082.
NRB aims to collect deposits for a tenure of 21 days through this operation. The interest rate for the deposit will be determined based on the competitive bidding submitted by the participating banks. The maturity date for this round of deposit collection has been scheduled for Jestha 25, 2082.
A few key highlights from the notice are as follows:
Only B-grade development banks are eligible to participate in the bidding.
Bidders must clearly submit bids within the designated bidding window through the online system.
In case of oversubscription, allocations will be made on a pro-rata basis.
All deposits will be categorized under the "Call Deposit" portfolio, and will not qualify for statutory CRR (Cash Reserve Ratio) benefits.
The deposits collected through this operation will not be eligible for pre-mature withdrawal or early settlement.
Participants are advised to contact NRB’s Liquidity Management Division for any clarifications through the dedicated hotline numbers listed in the notice.
The central bank emphasized that these operations are conducted in accordance with its mandate to maintain monetary stability and ensure liquidity balance in the banking sector. The operation aligns with broader efforts to foster disciplined money market practices and develop transparent short-term liquidity instruments.
This deposit collection notice serves as a reminder of NRB’s proactive stance in monetary policy execution through market-based tools.
