Nepal Rastra Bank (NRB) absorbed Rs 20 billion from the banking system on Wednesday through its deposit collection instrument to address surplus liquidity. The move comes as total deposits in the financial system exceeded Rs 7.6 trillion. Class “A”, “B” and “C” financial institutions participated in the competitive online bidding process, with interest rates determined by market demand. The central bank said both principal and interest will be repaid on April 1, 2027. The measure is aimed at stabilizing interest rates and managing long-term liquidity pressures.
