Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has decided to invest Rs 1.10 billion in fixed deposits of banks.
The amount is being invested in the Employees Security Fund of the central bank in fixed deposits of the banks. For this, the central bank has called on the banks to propose the interest rate by 7 pm on March 14.
Out of the total amount, NRB will invest Rs 880 million in commercial banks, Rs 165 million in national level development banks and Rs 55 million in national level finance companies.
According to the central bank, this investment will be for 366 days from March 19, 2026 to March 19, 2027.
