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Change in ‘Permanent Deposit Facility’ policy, more money stored in banks can now be kept in Rastra Bank every day

अर्थ सरोकार

Kathmandu. Banks and financial institutions will be able to deposit money in the bank and on a daily basis. Issuing a notice, the Monetary Management Department of the Nepal Rastra Bank has issued a notice stating that banks and financial and financial can keep excess liquidity in the Rastra Bank on a daily basis.

The bank uses the ‘Fixed Deposit Facility’ tool for the management of excess liquidity in banks and financial institutions. The Rastra Bank has reviewed the same provision .

and financial and financial ( bank will be able to use the permanent deposit facility every day of the opening of the bank}. This facility has been implemented from May 27 of the bank, according to the bank. 

Previously, such a facility was available only twice a week. However, now banks and financial institutions will be able to use this facility every day. In this way, every day the deposit kept in the bank will be deposited in the bank (the next day) after 3 pm, the bank has stated that the deposit kept in the bank } will be deposited in the bank }} after 3pm.

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