The Deposit and Credit Guarantee Fund (DCGF) has announced plans to invest Rs 2.57 billion in fixed deposits with commercial banks as part of its fund mobilization strategy.
According to the DCGF, interested banks have been invited to submit proposals specifying the interest rates they are willing to offer. The deadline for submissions has been fixed for September 24.
The fund, which plays a crucial role in guaranteeing deposits and loans in Nepal’s financial system, regularly mobilizes its resources through secure investment channels such as fixed deposits. Officials said the move will not only help generate returns for the fund but also provide additional liquidity support to the banking sector at a time when credit flow has slowed and banks are under pressure to maintain balance sheets.
By channeling over Rs 2.5 billion into fixed deposits, the DCGF is expected to reinforce its financial strength while ensuring stability in the broader credit and deposit guarantee framework.
Would you like me to also highlight past investment trends of DCGF (like how much it u
