NRB to Collect 70 Billion from BFI's Today; Amount and Interest to be Return After Two Months

Nepal Rastra Bank (NRB) has announced that it will collect deposits worth Rs. 70 billion from banks and financial institutions through a bidding process today.

According to a notice published today, the central bank will collect the deposits for a period of 56 days. The bidding will take place on Bhadra 26 (September 11) through the Online Bidding System at 3 Pm.

The interest rate will be decided through the bidding process. The minimum amount for bidding has been set at Rs. 10 crore, while the maximum limit is (In multiples of) 5 Crore, up to the total issue amount. However, institutions can submit multiple bids within the total announced amount.

Only licensed ‘A’, ‘B’, and ‘C’ class banks and financial institutions approved by NRB are allowed to take part in the bidding. The deposits collected will be returned along with interest on Kartik 20, 2083 (November 06, 2026).