30 billion deposits to the financial system through NRB Repo

Sep Thu 2021 12:05:05

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30 billion deposits to the financial system through NRB Repo

Kathmandu. Nepal Rastra Bank is going to send Rs 30 billion as deposit to banks and financial institutions. According to the information issued by Nepal Rastra Bank on Thursday, new deposits have been sent to banks and financial institutions for liquidity management. Nepal Rastra Bank (NRB) has provided permanent liquidity facility of Rs 14.49 billion to bankers and financial institutions 10 times.

The repo of Rs 20 billion was issued for liquidity in the banking system on September 16 alone. Less than a week after the repo was issued, the central bank will issue a one-week repo of Rs 30 billion on Thursday.