बैंकिङ प्रणालीमा अधिक तरलता बढ्दै, व्यवस्थापन राष्ट्र बैंकका लागि चुनौतीExcess Liquidity Becomes Growing Challenge for Nepal’s Central Bank
बैंकिङ प्रणालीमा अधिक तरलता बढ्दै, व्यवस्थापन राष्ट्र बैंकका लागि चुनौती पछिल्लो समय नेपाली बैंकिङ प्रणालीमा बढ्दो अधिक तरलताले मौद्रिक व्यवस्थापनलाई थप जटिल बनाउँदै लगेको छ। कर्जाको माग कमजोर हुनु, आर्थिक गतिविधि सुस्त हुनु र बैंकहरूले लगानीयोग्य क्षेत्रहरूमा अपेक्षित रूपमा कर्जा प्रवाह गर्न नसक्नुका कारण बैंकहरूमा ठूलो परिमाणमा रकम थुप्रिन पुगेको छ। यस अवस्थाले वित्तीय प्रणालीमा असन्तुलन सिर्जना गर्ने जोखिम बढाएको सरोकारवालाहरूको भनाइ छ। तरलता बढ्दै गएपछि अन्तरबैंक ब्याजदर समेत घटेर २.७५ प्रतिशतसम्म झरेको छ। ब्याजदर करिडोरको तल्लो सीमाभन्दा तल नजाओस् भन्नका लागि नेपाल राष्ट्र बैंक ले बजारबाट निरन्तर रूपमा रकम तान्दै आएको छ। यही क्रममा केन्द्रीय बैंकले ४२ दिनका लागि ५० अर्ब रुपैयाँ तरलता संकलन गर्ने भएको छ।Excess Liquidity Becomes Growing Challenge for Nepal’s Central Bank The rising level of excess liquidity in Nepal’s banking system has emerged as a major challenge for monetary authorities in recent months. Weak credit demand, slowing economic activities, and limited lending opportunities in productive sectors have led to a large volume of idle funds piling up in banks and financial institutions. As businesses remain cautious and investment activities slow down, banks have struggled to channel their surplus funds into loans. This has resulted in a widening gap between deposits and credit, increasing pressure on the financial system. Economists warn that prolonged excess liquidity could weaken the effectiveness of monetary policy and limit economic recovery. With liquidity rising sharply, the interbank interest rate has fallen to as low as 2.75 percent. To prevent rates from falling below the lower limit of the interest rate corridor, the Nepal Rastra Bank has been continuously withdrawing money from the market. As part of this effort, the central bank has announced plans to absorb NPR 50 billion for 42 days through a deposit auction.
