KATHMANDU: Nepal Rastra Bank (NRB) has to absorb Rs 120 billion through deposit collection today.

The absorb amount through deposit collection will be held in the central bank for 19 days.

The central bank has been moping liquidity through deposit collection as banks and financial institutions (BFIs) is surged with excess liquidity .

According to the NRB data, the excess liqudity has been floating above Rs 50 billion in the last two days in the NRB’s vault.