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Nepal Rastra Bank to invest Rs 8.88 billion in fixed deposits of banks

SPIL
Nepal Life

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has decided to invest Rs 8.88 billion in fixed deposits of banks.

The amount is being invested in the fixed deposits of the banks. For this, the central bank has called on the banks to propose the interest rate by 12 midnight on April 5.

Esewa
Crest

Out of the total amount, NRB will invest Rs 7.10 billion in commercial banks, Rs 1.33 billion in national level development banks and Rs 444.4 million in national level finance companies.

According to the central bank, this investment will be for 367 days from April 16, 2026 to April 17, 2027.

 

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