KATHMANDU: Nepal Rastra Bank (NRB) has announced plans to invest Rs 24.83 billion from its various funds into term deposits.
The central bank has invited commercial banks and financial institutions categorized as ‘A’, ‘B’, and ‘C’ to submit proposals regarding the amount they wish to accept and the applicable interest rates.
The investment is intended for a duration of 366 days, spanning from Nov. 2, 2026, to Nov. 2, 2027. According to the central bank, Rs 19.86 billion will be allocated to ‘A’ class commercial banks, Rs 3.72 billion to ‘B’ class development banks, and Rs 1.24 billion to ‘C’ class national-level finance companies.
Interested financial institutions are required to submit their interest rate proposals by Oct. 27. The central bank has set specific eligibility criteria for participants.
Institutions must have maintained the required minimum capital fund, must have been in operation for at least two years, and must show a non-performing loan (NPL) ratio not exceeding 8 percent, with a net NPL ratio below 3 percent.
Additionally, institutions are required to have maintained the minimum net liquid assets as prescribed by the regulator.
The central bank stated that any proposals containing additional terms beyond those specified will not be accepted.
