Nepal Rastra Bank (NRB) has responded to the accumulation of excess liquidity in the banking system by issuing another reverse repo. After previously issuing reverse repos on two separate occasions, NRB has now introduced Rs. 20 Arba on Tuesday. The reverse repo is a monetary tool utilized to absorb surplus liquidity and bring stability to the system. Considering there is approximately Rs. 40 Arba of excess liquidity in the system, this marks the fourth reverse repo issued by NRB during the current financial year.
Highlights:
- Sahas Urja’s net profit fell 37.26% in the second quarter.
- Nepal Rastra Bank Begins Preparations for Fiscal Year 2080-81 Monetary Policy to Boost Economy
- Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3
- Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79
- JBLB proposes a 37.368% dividend for fiscal year 2078/79.