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Fixed deposits of banks NRB to invest Rs 4.35 billion

SPIL
Global College
Nepal Life New

Kathmandu. Nepal Rastra Bank (NRB) is to invest Rs 4.35 billion in fixed deposits of banks.

The amount is being invested in the gratuity and pension fund of the central bank in fixed deposits of the banks. For this, the central bank has called on the banks to offer interest rates by 7 pm on December 7.

Crest

Out of the total amount, NRB will invest Rs 3.48 billion in commercial banks, Rs 652.5 million in national level development banks and Rs 217.5 million in national level finance companies.

According to the central bank, this investment will be for 366 days from December 14, 2025 to December 14, 2026.

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