Nepal Rastra Bank to Collect NPR 85 Billion in Deposits

Kathmandu. Nepal Rastra Bank will collect NPR 85 billion in three-month deposits from banks and financial institutions.

According to the notice issued today by the Monetary Management Department of the central bank, bidding will take place through the online bidding system software (OBSS) by 3:00 PM today for the collection of deposits. The details of the deposit collection will be issued today, and the interest rate will be determined through the bidding process.