Nepal, June 6 -- Despite the government's claim of recent improvements in economic activities, banks and financial institutions (BFIs) continue to rely heavily on short-term monetary instruments provided by the Nepal Rastra Bank (NRB) to manage their surplus liquidity-rather than channeling it into productive, profit-generating sectors.
According to the NRB, on Wednesday alone, BFIs parked excess loanable funds amounting to Rs 31.85 billion under various facilities offered by the central bank. Currently, a total of Rs 368.65 billion deposited by the BFIs at the NRB is yet to mature. Of this amount, Rs 111.80 billion has been placed under the Standing Deposit Facility, while the remaining Rs 256.85 billion was deposited through money mark...
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