Nepal, April 16 -- Nepal Rastra Bank (NRB) will mop an additional Rs 30 billion in liquidity on Wednesday. As banks fail to find suitable investment opportunities, excess liquidity continues to pile up in the banking system. In response, the central bank has consistently stepped in to mop the surplus liquidity from the market.

The NRB will withdraw the investable funds for 21 days through its deposit collection instrument. Banks and financial institutions can submit their online applications by 3 pm today.

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