Kathmandu. Nepal Rastra Bank is going to invest 4.5 billion rupees in the term deposits of banks and financial institutions.
4.53 billion rupees in various funds of the NRB are going to be invested in the term deposits of banks and financial institutions. The central bank has stated that out of the total amount, 3.62 billion rupees will be invested in commercial banks, 679.7 million rupees in national-level development banks and the remaining 226.5 million rupees in national-level finance companies.
The NRB has called on interested banks and financial institutions to propose interest rates. Accordingly, banks and financial institutions will have to offer interest rates by Chaitra 14.
The NRB has stated that this fixed deposit will be valid for 366 days from April 15, 2025 to April 15, 2026.
