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Home Prime News

NRB mops Rs 40 billion from system to manage liquidity

CEO Tab by CEO Tab
August 8, 2024
in Prime News
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Country’s remittance inflows increased by 10.9%
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The Nepal Rastra Bank (NRB) mopped an additional amount of Rs 40 billion from the banking system for liquidity management. 

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Bankers Seek Regulatory Reforms to Generate Income from Non-Banking Assets

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Government Faces Uphill Task of Meeting Annual Revenue Target with Just 19 Days Remaining

The NRB is going to mop Rs 40 billion for 21 days through a bidding instrument. 

Banks and financial institutions were required to submit proposals by 3 PM on Wednesday. Similarly, Rs 37.6 billion mopped earlier by the central bank is yet to mature. 

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