NRB pumping Rs 30 billion in fiancial system

In a bid to help ease the liquidity crunch, Nepal Rastra Bank is pumping Rs 30 billion in the financial system through a repo. It yesterday issued a tender notice for the repo targetting the financial institutes of the A. B and C classes.  The money market instrument carries a maturity period of 14 days. 

 The banking system has seen liquidity crisis after the maturity of the earlier repo worth Rs 50 billion. It was released in the fourth week of last January for 45 days.