Money

Banking system ‘sound’ despite huge withdrawals

Withdrawal of billions of rupees from banks and financial institutions to settle income tax liabilities did not affect the liquidity situation of the banking system as drastically as feared, as interbank rates have not fluctuated much and none of the bank has so far exceeded the regulatory lending limit. Banking system ‘sound’ despite huge withdrawals
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Published at : January 17, 2018
Updated at : January 17, 2018 09:53
Kathmandu

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