Kathmandu. Nepal Rastra Bank (NRB) has decided to invest Rs 3.84 billion in fixed deposits of banks and financial institutions.
Rastra Bank is going to invest Rs 3.84 billion in fixed deposits of banks and financial institutions. Of the total amount, Rs 3.07 billion will be invested in commercial banks, Rs 576.5 million in national-level development banks and the remaining Rs 192.1 million in national-level finance companies.
Nepal Rastra Bank (NRB) has called upon interested banks and financial institutions to offer interest rates. According to this, banks and financial institutions will have to propose interest rates by May 20, 2018.
This fixed deposit will be for 366 days from May 17, 2025 to May 17, 2026.
