NRB sending 20 billion Amount to the banking system

Sep Wed 2022 03:08:19

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NRB sending 20 billion Amount to the banking system

Kathmandu. Nepal Rastra Bank has sent 20 billion rupees to the banking system at a time when there is a lack of liquidity in the banking system. Nepal Rastra Bank is going to send liquidity to the market through repo after the Rastra Bank's liquidity shrinks. For 14 days, the banks have to demand a minimum amount of 10 crores and a maximum of 5 crores divided by 5 crores.

The unaudited balance sheets published by the bank financial institutions show many unusual things such as the bad loan ratio has decreased even though the recovery of most of the bank financial institutions has decreased, the net profit is a few billion, but the distributable profit is limited to crores, notices of auction increase have been widely printed, but there is less money in the provision.

Due to these various reasons, a senior officer of the National Bank told Bijpati that no bank financial institution dared to send their balance sheets because the National Bank may be particularly strict this year so that they do not get tested.