Saturday, November 23rd, 2024

NRB issues repo worth Rs 20 billion


08 September 2022  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: Nepal Rastra Bank (NRB) has issued a repurchase agreement (repo) worth Rs 20 billion on Thursday.

The repo will mature on September 22.

The bank is issuing the repo to prevent the shortage of liquidity in banks and financial institutions.

The Central Bank has been issuing repo continuously for the past few times to address the liquidity crunch problem in the banking system.

According to NRB, ‘A’, ‘B’ and ‘C’ class banks and financial institutions would buy the repo through bidding.

Publish Date : 08 September 2022 19:12 PM

PM Oli holds virtual talks with Elon Musk

KATHMANDU: Prime Minister (PM) KP Oli engaged in a virtual

Light snowfall likely in high hilly areas today

KATHMANDU: The weather today is expected to be partly to

Today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank has published today’s exchange rates for

NC’s strategy with UML: Collaboration in govt, competition in field

KATHMANDU: The ruling Nepali Congress (NC) has instructed local working

Today’s news in a nutshell

Khabarhub brings you a glimpse of major developments of the