KATHMANDU: Nepal Rastra Bank (NRB) has announced plans to invest Rs 24.83 billion from its various funds in fixed-term deposits with banks and financial institutions.
The central bank has invited commercial banks, development banks and finance companies classified as ‘A’, ‘B’ and ‘C’ to submit proposals specifying the amounts they are willing to accept and the interest rates they offer.
The deposits will be placed for 366 days, from November 2, 2026, to November 2, 2027. Of the total amount, Rs 19.86 billion has been earmarked for ‘A’ class commercial banks, Rs 3.72 billion for ‘B’ class development banks and Rs 1.24 billion for ‘C’ class national-level finance companies. Interested institutions must submit their proposed interest rates by October 27.
The NRB has set eligibility requirements for participating institutions. Applicants must have maintained the prescribed minimum capital fund, been in operation for at least two years and kept their non-performing loan (NPL) ratio at or below 8 percent. Their net NPL ratio must also be below 3 percent.
In addition, participating institutions must maintain the minimum net liquid assets required by the central bank. The NRB has clarified that proposals containing conditions or terms beyond those specified in its notice will not be accepted.
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