CDSC Calls for Sealed Proposals for Six-Month Fixed Deposit Placement

The CDS and Clearing Limited (CDSC) has invited sealed proposals from commercial banks for a six-month fixed deposit placement. The decision was endorsed during a meeting of the company’s Investment Management Sub-Committee held on 2082/08/05.

As per the notice, only “A” class commercial banks licensed by Nepal Rastra Bank are eligible to participate. Interested banks are required to submit their interest rate proposals in a sealed format.

CDSC has set the deadline for proposal submission at 4:00 PM on 2082/08/11, urging all qualified banks to submit their offers within the specified time.