KATHMANDU, July 31: Nepal Rastra Bank (NRB) plans to mop an additional Rs 40 billion from the banking system to manage liquidity. The NRB will conduct this operation through a bidding instrument, with the funds being held for 21 days.
Related story
NRB mops Rs 40 billion from system to manage liquidity
Banks and financial institutions are required to submit their proposals by 3 PM on Wednesday. This new mop comes on top of the Rs 36.75 billion already mopped up earlier, which is yet to mature.
