Nepal, Sept. 19 -- The Deposit and Credit Guarantee Fund (DCGF) has announced plans to invest over Rs 2.5 billion in fixed deposits with commercial banks.

According to the DCGF, a total of Rs 2.57 billion will be placed in fixed deposits. Banks interested in securing this investment have been asked to submit proposals mentioning the offered interest rate.

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The deadline for submission has been set for September 24.

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