Kathmandu, Oct. 7: Nepal Rastra Bank (NRB) has decided to absorb Rs 5 billion from bidding on Sunday.
The NRB is absorbing the amount in view of the growing investment worthy capital in the banking system, said Assistant Spokesperson at NRB, Narayan Poudel, adding that it would be drawn through 30-day deposit.
The deposited amount would be returned with interest on November 7.
There is nearly Rs 100 billion's liquidation in the market. RSS
Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…