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Nepal Rastra Bank calls bids for deposit collection

The central bank has invited bids to collect thirty billion rupees through a one-month deposit instrument.

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Nepal Rastra Bank calls bids for deposit collection - economy news from Khabarhub and Reporters Nepal

In short

  • Nepal Rastra Bank invited bids for thirty billion rupees [30 Arab rupees] in deposits.
  • The deposit collection instrument has a maturity period of one month.
  • Class A, class B and class C financial institutions are eligible to participate.

Nepal Rastra Bank has initiated a bidding process to gather thirty billion rupees [30 Arab rupees] via a one-month deposit collection mechanism. The monetary management department issued the call for bids in Kathmandu, targeting specific licensed entities within the financial sector. Participation in this deposit collection instrument is restricted exclusively to class A, class B and class C financial institutions holding valid operational licences. Eligible institutions can submit proposals according to the guidelines established by the central financial authority. Bids must adhere to strict minimum and incremental thresholds set by the regulatory body. Submissions must start at a minimum of ten crore rupees, and any higher amounts must be exact multiples divisible by ten crore rupees up to the aggregate announced limit.

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https://wenepal.com/article/nepal-rastra-bank-calls-bids-for-deposit-collection-20261001

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