Nepal Rastra Bank is preparing to absorb Rs 90 billion from the banking system on Sunday for 84 days through its deposit collection instrument, a measure aimed at managing the persistent surplus liquidity in banks and financial institutions. The central bank has been frequently withdrawing funds for longer periods in recent months due to the high availability of lendable money. These auctions are part of the NRB’s routine operations held every Sunday and Wednesday. Only ‘A,’ ‘B,’ and ‘C’ class financial institutions may participate, with minimum bids set at Rs 100 million and additional bids allowed in multiples of Rs 50 million.
