KATHMANDU – With the accumulation of excess liquidity in the market, the National Bank is going to inject 40 billion rupees of liquidity on Wednesday. For 21 days, the National Bank will collect liquidity through deposit collection tools.

Rastra Bank has announced that deposit collection will be conducted through online bidding at 3 PM. Interested banks and financial institutions should submit the application by 3 p.m.

Banks and financial institutions who want to participate in the deposit collection program can apply for a minimum of 100 million to a maximum of 5 million rupees, up to the point where the balance is left.

For the third time since the start of July, the National Bank is going to use only deposit collection tools to process liquidity. Earlier, on 9th of July, 40 billion rupees and 50 billion rupees were distributed on 2nd.