Nepal Rastra Bank to invest Rs 1.10 billion « Khabarhub
Tuesday, June 18th, 2024

Nepal Rastra Bank to invest Rs 1.10 billion


30 November 2021  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: Nepal Rastra Bank (NRB) has decided to invest Rs 1.10 billion in various banks and financial institutions.

Issuing a notice on Tuesday, NRB, the monetary, supervisory and regulatory body of all the commercial banks, financial institutions and micro-finances informed that the money in various funds will be invested in ‘A’, ‘B’ and ‘C’ class banks and financial institutions.

For that, NRB will invest Rs 886.4 million in Class A commercial banks, Rs 166.1 million in Class B development banks and Rs 55.3 million in Class C national level development banks.

Banks and financial institutions wishing to take the amount have been asked to offer interest rate as the amount is to be kept in term deposit for 366 days.

Publish Date : 30 November 2021 19:36 PM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

Victims of conflict during Maoist-led war should receive compensation: Biplav

KATHMANDU: General Secretary of the Nepal Communist Party, Netra Bikram

President Paudel meets German President Steinmeier in Berlin, urges removal of EU flight ban on Nepali airlines

BERLIN, GERMANY: President Ramchandra Paudel met with German President Frank-Walter

State treasury could get Rs 300 billion more in revenue if tax systems reformed: HLRC

KATHMANDU: The High-Level Recommendation Committee (HLRC) on Tax System Reforms

Karnali province generates only three billion rupees internal revenue in six years

BHERIGANGA: The Karnali provincial government has generated a mere three