NRB Publishes Notice for Gratuity and Pension Fund To be Invested in Fixed Deposits

Nepal's central bank, Nepal Rastra Bank is looking forward to investing its Gratuity and Pension Fund. The bank wants to invest Rs. 41 crores in Fixed deposits from 2080/04/16 to 2081/04/16.

The bank has invited A, B, and C class financial institutions to bid for the fund mentioning the amount they want to accept and the returns they are willing to provide. Rs. 32.80 crores will be handed over to A class banks, Rs. 6.15 crores to B class banks, and Rs. 2.05 crores to C class financial institutions.

Read notice here: